Hard factors - factors affecting productivity improvement, Operation Management

Assignment Help:

Hard Factors - Factors Affecting Productivity Improvement

Productivity of the product is determined by the way in which the product fulfils its customer requirements, either by achieving a very high output through arriving on the market at the right time, breaking into a particular geographical market, or being sufficiently cheaper than competitors to ensure a large market share. This is not a single or one-off activity, but one which requires the constant involvement of a large number of groups within the organisation such as design, marketing and quality to ensure success over the years.

Plant and equipment plays its part through such features as improved plant utilisation, reduced downtime or a more efficient layout of the machines. It is related to technology, through interaction with plant/equipment improvement mechanisms such as the development of condition monitoring equipment, computer systems allowing scheduling and communications improvements and the widespread introduction of robotics and other forms of shop floor automation. For these reasons (amongst others) firms must make considerable efforts to reduce the input cost of both, either through improved utilisation of current materials and energy, or by a reduction in the quality of those used (eg the modification of heating systems to accept lower grades of fuel oil, schemes to reduce scrap or material/process wastage etc).


Related Discussions:- Hard factors - factors affecting productivity improvement

Explain what is the relationship between swot and strategy, What is the rel...

What is the relationship between SWOT and Strategy? Provide real world examples. Additional research is necessary by using scholarly publications. Cite accordingly.

Define elements of finagle a bagels operating system, Now, please answer th...

Now, please answer the question regarding operations management. How would you describe the elements of Finagle a Bagels operating system?

Describe what are the advantages of financing, In the %u201CWhat would you ...

In the %u201CWhat would you do?%u201D section of your text in Chapter 9, Pam Marrone of AgraQuest, Inc. tapped into Internet sources when she needed additional financing. Be specif

Presume that the market is demanding product, For the four basic configurat...

For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III. For Cas

Describe the optimal order size, A retail outlet has its own production fac...

A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The ca

What are the inter-connect factors introduced by cousins, Q. What are the i...

Q. What are the inter-connect factors introduced by Cousins? Cousins introduced the following inter-connected factors to strategically affect supply chain management. The '

Describe the response of the organization, The issue of fraud must be consi...

The issue of fraud must be considered when managing risk as it could present a major liability to the organization. Fraud is an act that requires an aggressive response and correct

Define what pepsi do better to respond to global ethical, Answer the follow...

Answer the following questions on the Topic of Ethics / Pepsi 1 Pepsi asserts that its products meet all applicable government safety standards. From an ethical perspective, is

What are generally accepted accounting principles, Yvon, an accountant, is ...

Yvon, an accountant, is charged with negligence by Zesty Sauce, Inc., a client. Yvon may successfully defend against the claim if she can show that (Points : 2) scienter was lackin

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd