Effectiveness
•Download as PPT, PDF•
1 like•147 views
This document discusses effectiveness and efficiency in management. It provides examples of effective and efficient practices such as optimizing raw material use, recruiting skilled employees, and streamlining production processes. Effectiveness focuses on practices like utilizing skills, building relationships, and customizing offerings while efficiency emphasizes low costs, reducing inventories and turnover. The document also lists intrinsic factors like employee appraisal and technology advances and extrinsic factors including sales networks and market segmentation that contribute to effectiveness and efficiency.
Report
Share
Report
Share
Recommended
FUSION BROCHURE_ENG_Final_20160224_kvz(2)
The document discusses lean manufacturing consulting services provided by Fusion. Key aspects of lean consulting include value stream mapping, eliminating waste, setting up a lean organization, and selecting a pilot lean production line. The expected outcomes of lean consulting are improved profitability, production planning, on-time delivery, customer satisfaction, and competitiveness through reducing waste and costs. A case study example shows how consulting helped a shoe factory reduce labor costs by changing a punching machine to a drum machine.
Operations Management
A presentation covering A-levels Business topic; operations management; giving a quick review of quality aspects, capacity utilization, types of lean production methods and concepts of outsourcing and benchmarking.
Mba ii pmom_unit-1.4 process design, analysis & selection a
The document discusses various concepts related to process design, analysis, and selection for production and operations management. It covers topics such as process analysis, flowcharting, different types of processes including manufacturing and service processes, process performance metrics, and business process design. The key objectives are to understand process management concepts and methods to improve processes by reducing costs, increasing throughput, and improving quality.
Pgbm03 MBA OPERATION MANAGEMENT session 04 process design
This document discusses process design in operations management. It begins by defining process design and its objectives to effectively produce products and services. Process types are determined by volume and variety, such as jobbing, batch, and continuous processes for manufacturing and professional service, service shop, and mass service for services. Process design and product/service design are interrelated and should be considered together. The document provides examples of mapping processes at different levels and redesigning a process to better produce customized products.
Pgbm03 MBA OPERATION MANAGEMENT session 01 introduction to operations
This document provides an introduction and overview of the PGBM03 Operations Management course. It discusses how the course is structured over 10 lectures and 9 seminar classes. Students will complete a 3,000 word management report assessing the operational methods of an organization. To do well, students must address all learning outcomes, critically assess strategies and processes, and make recommendations. The document then defines operations management as the activities that transform inputs like materials, information, and customers into outputs like products and services. It provides examples of operations in a bakery and HR department. Finally, it discusses the different levels of analysis in operations management and the responsibilities of operations managers in designing, delivering, directing operations to achieve strategic objectives and competitive position.
Pgbm03 MBA OPERATION MANAGEMENT session 06 planning and managing capacity
Planning involves deciding what activities should take place, when they should take place, and what resources should be allocated. Control involves understanding what is actually happening and deciding if there are deviations from the plan, then changing resources if needed. Planning looks further into the future using aggregated data, while control has a shorter time horizon and uses more detailed data. Capacity is the maximum output possible and can be measured in units per time period. Effective capacity is the achievable output rate which is usually lower than design capacity.
Operations strategy
Rahul Ranjan's document discusses key issues in service operations management. It outlines that both service and manufacturing operations focus on efficiency, effectiveness, quality, and cost. It then provides overviews of topics like new service development, managing customer experiences, analyzing processes, service quality, yield management, inventory management, and waiting time management. Specific techniques covered include service blueprinting, utility-based service design, dimensions of service quality, and managing front and back office functions.
Just in-time inventory system
The document describes McDonald's use of a Just-In-Time inventory system. The system aims to produce products at the rate customers need them with minimal waste by only creating what customers order. It allows McDonald's to provide consistent, high quality food and better customer service while lowering costs through improved material handling and inventory control. However, the system requires accurate forecasting and close management to maintain consistency and efficiency.
Recommended
FUSION BROCHURE_ENG_Final_20160224_kvz(2)
The document discusses lean manufacturing consulting services provided by Fusion. Key aspects of lean consulting include value stream mapping, eliminating waste, setting up a lean organization, and selecting a pilot lean production line. The expected outcomes of lean consulting are improved profitability, production planning, on-time delivery, customer satisfaction, and competitiveness through reducing waste and costs. A case study example shows how consulting helped a shoe factory reduce labor costs by changing a punching machine to a drum machine.
Operations Management
A presentation covering A-levels Business topic; operations management; giving a quick review of quality aspects, capacity utilization, types of lean production methods and concepts of outsourcing and benchmarking.
Mba ii pmom_unit-1.4 process design, analysis & selection a
The document discusses various concepts related to process design, analysis, and selection for production and operations management. It covers topics such as process analysis, flowcharting, different types of processes including manufacturing and service processes, process performance metrics, and business process design. The key objectives are to understand process management concepts and methods to improve processes by reducing costs, increasing throughput, and improving quality.
Pgbm03 MBA OPERATION MANAGEMENT session 04 process design
This document discusses process design in operations management. It begins by defining process design and its objectives to effectively produce products and services. Process types are determined by volume and variety, such as jobbing, batch, and continuous processes for manufacturing and professional service, service shop, and mass service for services. Process design and product/service design are interrelated and should be considered together. The document provides examples of mapping processes at different levels and redesigning a process to better produce customized products.
Pgbm03 MBA OPERATION MANAGEMENT session 01 introduction to operations
This document provides an introduction and overview of the PGBM03 Operations Management course. It discusses how the course is structured over 10 lectures and 9 seminar classes. Students will complete a 3,000 word management report assessing the operational methods of an organization. To do well, students must address all learning outcomes, critically assess strategies and processes, and make recommendations. The document then defines operations management as the activities that transform inputs like materials, information, and customers into outputs like products and services. It provides examples of operations in a bakery and HR department. Finally, it discusses the different levels of analysis in operations management and the responsibilities of operations managers in designing, delivering, directing operations to achieve strategic objectives and competitive position.
Pgbm03 MBA OPERATION MANAGEMENT session 06 planning and managing capacity
Planning involves deciding what activities should take place, when they should take place, and what resources should be allocated. Control involves understanding what is actually happening and deciding if there are deviations from the plan, then changing resources if needed. Planning looks further into the future using aggregated data, while control has a shorter time horizon and uses more detailed data. Capacity is the maximum output possible and can be measured in units per time period. Effective capacity is the achievable output rate which is usually lower than design capacity.
Operations strategy
Rahul Ranjan's document discusses key issues in service operations management. It outlines that both service and manufacturing operations focus on efficiency, effectiveness, quality, and cost. It then provides overviews of topics like new service development, managing customer experiences, analyzing processes, service quality, yield management, inventory management, and waiting time management. Specific techniques covered include service blueprinting, utility-based service design, dimensions of service quality, and managing front and back office functions.
Just in-time inventory system
The document describes McDonald's use of a Just-In-Time inventory system. The system aims to produce products at the rate customers need them with minimal waste by only creating what customers order. It allows McDonald's to provide consistent, high quality food and better customer service while lowering costs through improved material handling and inventory control. However, the system requires accurate forecasting and close management to maintain consistency and efficiency.
7.service management
Service operations management deals with the same key areas as manufacturing operations - efficiency, effectiveness, quality, and cost. Both must focus on the right processes, resource usage, training, and continuous improvement. Some unique issues for service operations include new service development using tools like service blueprinting, managing customer experiences, analyzing front and back office processes, service quality using frameworks like SERVQUAL, and yield management of inventory. References are provided on further resources for successful service operations management.
Pgbm03 MBA OPERATION MANAGEMENT session 05 design of product and service
This document summarizes key points from a session on product and service design operations management. It discusses why good design is important, noting a survey found companies that consider design performed much better financially. It also outlines the stages in design like concept generation, screening, preliminary design, and prototyping. Interactive product/service and process design are emphasized. Design reduces costs and time to market for new offerings. Delays in design or time to market can significantly impact financial break-even points.
Lean management
Lean manufacturing is a systematic approach to identifying and eliminating waste through continuous improvement by producing only what the customer needs. It aims to provide customers what they want, how they want it, where they want it, at a competitive price and always with expected quality. The core of lean manufacturing is reducing waste leading to improved quality, higher throughput, better efficiency and higher profitability. It utilizes tools like just-in-time, total productive maintenance, 5S, and visual controls to maximize flow and minimize waste.
Operations Management
Operations management seeks to manage and improve the processes that make products and produce services.
We learned about inventory. Why it's important.
How much it costs companies. How much inventory a company should order. And what companies need to consider in managing inventory.
We discussed issues related to manufacturing products and services. We saw different manufacturing strategies. We discovered issues related to managing manufacturing capacity.
Queuing theory is the mathematical study of waiting lines, or queues. A queuing model is constructed so that queue lengths and waiting time can be predicted.
how the management of waiting lines can create efficiencies, improve the customer experience, and also improve the work environment for your employees.
We explored some simple waiting line formulas to help us understand waiting line dynamics.
Pgbm03 MBA OPERATION MANAGEMENT session 08 supply chain management
This document discusses supply chain management. It defines supply chain management as the management of interconnections between organizations involved in upstream and downstream processes that create value for the ultimate consumer. The key activities of supply chain management include planning and controlling the flow of information and products between a string of operations. Different types of relationships can exist in supply chains, including partnerships with high levels of information sharing and trust. The document also discusses concepts like the bullwhip effect where demand fluctuations amplify up the supply chain.
Process design
1) Process design involves planning the processes that transform inputs like resources, information, and time into outputs like products and services.
2) Product and service design influence and are influenced by process design - decisions in one area impact the other. Processes must be designed to effectively produce the products and services.
3) There are different types of processes like project, jobbing, batch, mass, and continuous, as well as service types like professional and mass service, which vary in factors like volume, variety, and skills required. Process mapping and analysis can improve processes.
Process selection
This document discusses different types of process flows and classifications for production processes. It describes three main types of process flows: line flow, intermittent/batch flow, and project flow. Line flow involves a linear sequence of standardized operations, like an assembly line. Intermittent flow involves production in batches using flexible, general-purpose equipment. Project flow is for unique, one-off products like works of art. The document also discusses how process selection decisions impact costs, quality, flexibility and other operational factors.
Visual Resume_Hernandez
The document discusses Albert Einstein's quote "Not everything that counts can be counted, and not everything that can be counted counts." It notes that while metrics and numbers are important, they do not capture everything of value. What cannot be easily measured may be most meaningful.
Ob11 02st
The document is from a chapter on the foundations of individual behavior in organizational behavior. It covers several topics:
1) Biographical characteristics like age, gender and marital status that are objective factors influencing behavior.
2) Concepts of ability, intellect and intelligence and their influence on individual performance.
3) Learning theories including classical conditioning, operant conditioning and social learning theory that influence how behavior is acquired and shaped.
4) Types of reinforcement like positive and negative that impact learning and behavior change programs in organizations.
Diabetes update
This document discusses the management of type 2 diabetes mellitus with oral antihyperglycemic therapy. It begins by outlining the main strategies for diabetes management, which include medical nutrition therapy, use of anti-diabetic drugs, and insulin. The document then focuses on the history and classes of oral antidiabetic drugs (OADs), describing the major classes as insulin secretagogues, insulin sensitizers, inhibitors of intestinal carbohydrate metabolism, and agents targeting the entero-insular axis and incretins. Specific examples of drugs in each class are provided.
LA Assignment Shakespeare Research
This document provides background information on William Shakespeare and the context of the Renaissance period in which he wrote. It discusses that Shakespeare was born in 1564 in Stratford-upon-Avon and married at age 18. He became an actor and playwright in London whose plays were well-received due to their creative mixtures of elements. The Renaissance originated in Italy in the 14th century and spread across Europe, influencing art and literature. This more open environment allowed Shakespeare to experiment with different artistic forms.
Americansymbols vft
This virtual field trip document provides information about locations related to American symbols that students can visit, including the Washington Monument, Statue of Liberty, an American flag factory, and eagles' nests. Students can click on each location to view photos, videos, and learn more details about what they would experience if visiting there in person. The field trip explores national landmarks and wildlife to teach students about symbols of the United States.
The american flag
The document discusses the American flag and asks questions to prompt reflection on what it represents. It asks the reader to observe the flag's colors, patterns, who or what is depicted, its location, and to think about things they know about the flag. The overarching message is to encourage consideration of the symbolism and meaning behind the American flag.
What is a symbol powerpoint
A symbol is a picture or thing that represents something else. The United States has many national symbols that represent the country. The document proposes going on a virtual field trip to learn about each US symbol.
Ob11 07st
This document discusses various techniques for motivating employees in organizations, including management by objectives (MBO), employee recognition programs, employee involvement programs, job design and flexible work schedules, variable pay programs, and flexible benefits. The key elements of successful motivation techniques are setting specific and difficult goals, providing performance feedback, allowing employee participation, and linking rewards to performance.
Tqm
This document contains a PowerPoint presentation created by Sourabh Jain to help with his studies. The presentation provides a summary of key concepts from two books on total quality management, covering topics such as leadership, customer satisfaction, employee involvement, continuous process improvement, and performance measurement. It also discusses important quality thinkers and the benefits of implementing a total quality management system.
การบริหารเชิงคุณภาพ ชุดที่ 8
The document discusses performance measures for total quality management. It outlines several objectives of establishing performance measures such as establishing baselines, determining process improvements needed, and comparing goals to actual performance. Several criteria for effective performance measures are listed, including being simple, relevant to customers, and enabling improvement. Examples of performance measures are provided for strategies involving quality, cost, flexibility, reliability, and innovation. Methods for presenting performance measures like time series graphs and control charts are also mentioned.
Lean DL Arsene
This document discusses lean thinking principles compared to traditional batch production methods. It outlines the benefits of lean, including reducing waste and lead times. The key principles of lean thinking are specified as defining value, mapping the value stream, establishing flow, implementing a pull system, and striving for perfection. Various lean manufacturing techniques are also mentioned such as value stream mapping, one-piece flow, kanban, and standardized work.
About BPR
A short introduction to BPR and the power of business process reengineering for managing in a complex and changing world
Study of material management
This document summarizes a student's project on improving the supply chain of a stationery manufacturing small to medium enterprise using lean principles. The student conducted a 2-month study of the industry and a particular company to understand their material management practices. Through ABC analysis of inventory items and identifying waste, the student suggests implementing techniques like standard work, 5S, and visual management to reduce unnecessary motion, improve flexibility, and increase productivity and efficiency. The overall aim is to enhance material flow and control while reducing costs through continuous improvement as per lean thinking.
Inventory mgmt n jit
This document discusses inventory management strategies like just-in-time and kanban. It defines inventory, inventory management, and common strategies. It also discusses how mismanagement can lead to financial and supply problems. Key terms are defined, like kanban cards and the kanban scheduling system. Implementation of strategies at companies like Toyota and Dell are summarized, noting how both effectively deliver products when needed through supply chain visibility and minimal inventory.
PRODUCTION AND OPERATION RESEARCH (2).pptx
This document provides definitions and information about production and materials management. It discusses key topics such as:
- The meaning, functions, and objectives of production management, which involves applying planning, organizing, directing, and controlling principles to a company's production process.
- The definition and functions of materials management, which controls the flow of commodities used in production, from sourcing to use in manufacturing.
- Common types of production systems like intermittent, job, batch, and continuous production and their main characteristics.
- The objectives of both production management and materials management, which include producing quality products at the right quantity, time, and minimum cost.
More Related Content
What's hot
7.service management
Service operations management deals with the same key areas as manufacturing operations - efficiency, effectiveness, quality, and cost. Both must focus on the right processes, resource usage, training, and continuous improvement. Some unique issues for service operations include new service development using tools like service blueprinting, managing customer experiences, analyzing front and back office processes, service quality using frameworks like SERVQUAL, and yield management of inventory. References are provided on further resources for successful service operations management.
Pgbm03 MBA OPERATION MANAGEMENT session 05 design of product and service
This document summarizes key points from a session on product and service design operations management. It discusses why good design is important, noting a survey found companies that consider design performed much better financially. It also outlines the stages in design like concept generation, screening, preliminary design, and prototyping. Interactive product/service and process design are emphasized. Design reduces costs and time to market for new offerings. Delays in design or time to market can significantly impact financial break-even points.
Lean management
Lean manufacturing is a systematic approach to identifying and eliminating waste through continuous improvement by producing only what the customer needs. It aims to provide customers what they want, how they want it, where they want it, at a competitive price and always with expected quality. The core of lean manufacturing is reducing waste leading to improved quality, higher throughput, better efficiency and higher profitability. It utilizes tools like just-in-time, total productive maintenance, 5S, and visual controls to maximize flow and minimize waste.
Operations Management
Operations management seeks to manage and improve the processes that make products and produce services.
We learned about inventory. Why it's important.
How much it costs companies. How much inventory a company should order. And what companies need to consider in managing inventory.
We discussed issues related to manufacturing products and services. We saw different manufacturing strategies. We discovered issues related to managing manufacturing capacity.
Queuing theory is the mathematical study of waiting lines, or queues. A queuing model is constructed so that queue lengths and waiting time can be predicted.
how the management of waiting lines can create efficiencies, improve the customer experience, and also improve the work environment for your employees.
We explored some simple waiting line formulas to help us understand waiting line dynamics.
Pgbm03 MBA OPERATION MANAGEMENT session 08 supply chain management
This document discusses supply chain management. It defines supply chain management as the management of interconnections between organizations involved in upstream and downstream processes that create value for the ultimate consumer. The key activities of supply chain management include planning and controlling the flow of information and products between a string of operations. Different types of relationships can exist in supply chains, including partnerships with high levels of information sharing and trust. The document also discusses concepts like the bullwhip effect where demand fluctuations amplify up the supply chain.
Process design
1) Process design involves planning the processes that transform inputs like resources, information, and time into outputs like products and services.
2) Product and service design influence and are influenced by process design - decisions in one area impact the other. Processes must be designed to effectively produce the products and services.
3) There are different types of processes like project, jobbing, batch, mass, and continuous, as well as service types like professional and mass service, which vary in factors like volume, variety, and skills required. Process mapping and analysis can improve processes.
Process selection
This document discusses different types of process flows and classifications for production processes. It describes three main types of process flows: line flow, intermittent/batch flow, and project flow. Line flow involves a linear sequence of standardized operations, like an assembly line. Intermittent flow involves production in batches using flexible, general-purpose equipment. Project flow is for unique, one-off products like works of art. The document also discusses how process selection decisions impact costs, quality, flexibility and other operational factors.
What's hot (7)
Pgbm03 MBA OPERATION MANAGEMENT session 05 design of product and service
Pgbm03 MBA OPERATION MANAGEMENT session 05 design of product and service
Pgbm03 MBA OPERATION MANAGEMENT session 08 supply chain management
Pgbm03 MBA OPERATION MANAGEMENT session 08 supply chain management
Viewers also liked
Visual Resume_Hernandez
The document discusses Albert Einstein's quote "Not everything that counts can be counted, and not everything that can be counted counts." It notes that while metrics and numbers are important, they do not capture everything of value. What cannot be easily measured may be most meaningful.
Ob11 02st
The document is from a chapter on the foundations of individual behavior in organizational behavior. It covers several topics:
1) Biographical characteristics like age, gender and marital status that are objective factors influencing behavior.
2) Concepts of ability, intellect and intelligence and their influence on individual performance.
3) Learning theories including classical conditioning, operant conditioning and social learning theory that influence how behavior is acquired and shaped.
4) Types of reinforcement like positive and negative that impact learning and behavior change programs in organizations.
Diabetes update
This document discusses the management of type 2 diabetes mellitus with oral antihyperglycemic therapy. It begins by outlining the main strategies for diabetes management, which include medical nutrition therapy, use of anti-diabetic drugs, and insulin. The document then focuses on the history and classes of oral antidiabetic drugs (OADs), describing the major classes as insulin secretagogues, insulin sensitizers, inhibitors of intestinal carbohydrate metabolism, and agents targeting the entero-insular axis and incretins. Specific examples of drugs in each class are provided.
LA Assignment Shakespeare Research
This document provides background information on William Shakespeare and the context of the Renaissance period in which he wrote. It discusses that Shakespeare was born in 1564 in Stratford-upon-Avon and married at age 18. He became an actor and playwright in London whose plays were well-received due to their creative mixtures of elements. The Renaissance originated in Italy in the 14th century and spread across Europe, influencing art and literature. This more open environment allowed Shakespeare to experiment with different artistic forms.
Americansymbols vft
This virtual field trip document provides information about locations related to American symbols that students can visit, including the Washington Monument, Statue of Liberty, an American flag factory, and eagles' nests. Students can click on each location to view photos, videos, and learn more details about what they would experience if visiting there in person. The field trip explores national landmarks and wildlife to teach students about symbols of the United States.
The american flag
The document discusses the American flag and asks questions to prompt reflection on what it represents. It asks the reader to observe the flag's colors, patterns, who or what is depicted, its location, and to think about things they know about the flag. The overarching message is to encourage consideration of the symbolism and meaning behind the American flag.
What is a symbol powerpoint
A symbol is a picture or thing that represents something else. The United States has many national symbols that represent the country. The document proposes going on a virtual field trip to learn about each US symbol.
Ob11 07st
This document discusses various techniques for motivating employees in organizations, including management by objectives (MBO), employee recognition programs, employee involvement programs, job design and flexible work schedules, variable pay programs, and flexible benefits. The key elements of successful motivation techniques are setting specific and difficult goals, providing performance feedback, allowing employee participation, and linking rewards to performance.
Tqm
This document contains a PowerPoint presentation created by Sourabh Jain to help with his studies. The presentation provides a summary of key concepts from two books on total quality management, covering topics such as leadership, customer satisfaction, employee involvement, continuous process improvement, and performance measurement. It also discusses important quality thinkers and the benefits of implementing a total quality management system.
Viewers also liked (9)
Similar to Effectiveness
การบริหารเชิงคุณภาพ ชุดที่ 8
The document discusses performance measures for total quality management. It outlines several objectives of establishing performance measures such as establishing baselines, determining process improvements needed, and comparing goals to actual performance. Several criteria for effective performance measures are listed, including being simple, relevant to customers, and enabling improvement. Examples of performance measures are provided for strategies involving quality, cost, flexibility, reliability, and innovation. Methods for presenting performance measures like time series graphs and control charts are also mentioned.
Lean DL Arsene
This document discusses lean thinking principles compared to traditional batch production methods. It outlines the benefits of lean, including reducing waste and lead times. The key principles of lean thinking are specified as defining value, mapping the value stream, establishing flow, implementing a pull system, and striving for perfection. Various lean manufacturing techniques are also mentioned such as value stream mapping, one-piece flow, kanban, and standardized work.
About BPR
A short introduction to BPR and the power of business process reengineering for managing in a complex and changing world
Study of material management
This document summarizes a student's project on improving the supply chain of a stationery manufacturing small to medium enterprise using lean principles. The student conducted a 2-month study of the industry and a particular company to understand their material management practices. Through ABC analysis of inventory items and identifying waste, the student suggests implementing techniques like standard work, 5S, and visual management to reduce unnecessary motion, improve flexibility, and increase productivity and efficiency. The overall aim is to enhance material flow and control while reducing costs through continuous improvement as per lean thinking.
Inventory mgmt n jit
This document discusses inventory management strategies like just-in-time and kanban. It defines inventory, inventory management, and common strategies. It also discusses how mismanagement can lead to financial and supply problems. Key terms are defined, like kanban cards and the kanban scheduling system. Implementation of strategies at companies like Toyota and Dell are summarized, noting how both effectively deliver products when needed through supply chain visibility and minimal inventory.
PRODUCTION AND OPERATION RESEARCH (2).pptx
This document provides definitions and information about production and materials management. It discusses key topics such as:
- The meaning, functions, and objectives of production management, which involves applying planning, organizing, directing, and controlling principles to a company's production process.
- The definition and functions of materials management, which controls the flow of commodities used in production, from sourcing to use in manufacturing.
- Common types of production systems like intermittent, job, batch, and continuous production and their main characteristics.
- The objectives of both production management and materials management, which include producing quality products at the right quantity, time, and minimum cost.
Lean manufacturing
Lean manufacturing focuses on eliminating waste in processes to improve value for customers. It identifies value streams and seeks to create continuous flow by reducing batch sizes and excess inventory. The key principles are specifying value as defined by customers, identifying value streams to find waste, and allowing customers to pull products through the value stream. Lean aims to continuously improve quality and eliminate waste.
Just in time - Operation Management
Just-in-Time (JIT) is a set of techniques to increase productivity, improve quality, and reduce costs through eliminating waste and continuous improvement. Key characteristics of JIT include a pull method of production, small lot sizes, close supplier ties, and flexible workforces. The goals of JIT are to have complete products and parts arrive just in time for assembly or production by receiving customer orders, materials, and production schedules. Benefits of JIT include reduced inventory costs, higher quality products, and more rapid responses to customer orders.
Production management
This document provides an overview of production management. It discusses key concepts like the definition of production, different production systems (job shop, batch, mass, continuous), objectives of production management, and the role of technology and innovation in production. The main types of production systems are described in terms of their characteristics, advantages, and limitations. The document emphasizes that the goal of production management is to produce quality goods and services at the right time, quantity, and cost.
The nature of operations
This document discusses the nature of operations and production management. It explains that operations involves using inputs like land, labor, and capital to produce outputs in the form of goods and services. It also discusses the importance of efficiency, quality, and flexibility in production. The production process involves transforming inputs into higher-value outputs through conversion, organization, decision making, and quality standards. Productivity can be improved by raising skill levels, motivation, technology, and management efficiency.
Telecom Services Provider Assessment
This document discusses opportunities to enhance a contact center through improvements in people, processes, and technology. It recommends standardizing processes, implementing guidance systems and desktop analytics to increase efficiency. It also suggests consolidating systems and queues, optimizing workforce management, and increasing self-service options to reduce costs while improving customer experience. Treatment engines are proposed to intelligently route customers for collections or retention efforts based on their profile and behavior. Overall the recommendations aim to increase productivity, sales culture, and customer satisfaction while lowering costs.
ERA Presentation
ERA is an expense reduction consulting firm that has helped over 14,000 clients globally reduce expenses by an average of 19.7%. They work on a contingent fee basis, only earning a fee if they achieve measurable savings for the client. Their process involves analyzing a client's expenses over 6-8 weeks, defining options to reduce expenses over another 6-8 weeks, and then implementing solutions and monitoring for 24 months. ERA has expertise across many expense categories and a proven track record of success with many large clients across diverse industries. Their goal is to help clients reduce expenses through more cost-effective suppliers and processes, with no fee charged if no savings are achieved.
Activity based costing
Activity based costing (ABC) is a new costing method that assigns overhead costs to products and services based on their consumption of resources. Traditional costing methods assigned overhead costs based on direct labor hours or machine hours. However, in modern business with increased complexity and variety of products, overhead costs are not directly linked to production volume. ABC addresses this by identifying the activities performed in an organization, the costs (cost pools) associated with each activity, and assigning activity costs to products using cost drivers that indicate consumption of each activity. ABC provides more accurate product costs and helps identify value-adding vs. non-value adding activities. It has led to benefits for companies such as improved pricing, cost management, and profitability.
Just-In-Time in Restaurants
The document discusses Just-in-Time (JIT) inventory systems for use in restaurants. JIT aims to minimize inventory and maximize efficiency by receiving goods only as needed to fulfill customer orders. Key aspects of implementing JIT include reliable suppliers, no equipment breakdowns, an integrated supply chain, and well-trained workers. The objectives of JIT are to reduce inventory levels, increase productivity by eliminating waste, and allow for more customization opportunities with zero idle inventory. Benefits include less needed storage space, smaller investments in raw materials, reduced costs and lead times, while drawbacks include high implementation costs and risk of stock-outs if suppliers are unreliable.
Material Management
Material management aims to manage materials in an optimum manner to provide a pre-decided service to customers at minimum cost. It involves planning, sourcing, purchasing, storing, and controlling the flow of materials. Key functions include purchasing, stores management, and inventory control. Purchasing objectives are to avail materials at minimum cost while ensuring continuous production. Inventory control aims to provide adequate supply without shortages at optimal investment. Techniques like ABC analysis, VED analysis, and EOQ are used to classify items and determine optimal order quantities.
Material management
The document provides an overview of various topics related to materials management. It discusses functions of materials management like materials planning, purchasing, inventory control, and transportation. It outlines advantages like lower material costs and risk minimization. Challenges include vendor selection, storage costs, and demand forecasting. Key departments in materials management are materials planning, purchasing, stores, and inventory control. Material handling equipment is used to move, store, and dispose of materials efficiently. Other topics summarized include line balancing, material requirements planning, purchasing management, store management, and inventory management.
16 lean manufacturing
Lean manufacturing aims to maximize value and minimize waste in production. It focuses on eliminating waste in all areas including customer relations, product design, supplier networks, and factory management. The goal is to incorporate less effort, inventory, time, and space while producing high quality products efficiently. Key aspects of lean include specifying customer value, value stream mapping to identify waste, using a pull system triggered by customer demand, empowering employees, and continuously improving. Techniques like 5S workplace organization, standard work, visual controls, total productive maintenance, and just-in-time production help implement lean principles.
Customer Supplier chain TQM
The document discusses traditional enterprise inspection practices and how they often do not add value and increase costs. It then introduces the concept of a customer supplier chain that aims for continuous quality control throughout all stages of the process. This helps improve communication, reduce gaps, define specifications, and facilitate feedback to more easily identify and address problems. It also discusses supply chain management and concepts like just-in-time manufacturing and lean manufacturing that focus on eliminating waste.
Kris Van Ransbeek from Chiquita on ‘SCM as a Market Strategy Differentiator’
The document discusses the importance of innovation for companies and the challenges of balancing innovation investments. It notes that supply chain can help innovation by getting involved early in the development process, creating a dedicated team within supply chain to support innovation, and defining key performance indicators focused on speed to market and limiting upfront costs rather than traditional supply chain metrics like cost and quality. The document advocates for strategies like "failing cheap" and scaling innovations rapidly to help companies balance short-term returns with long-term investments in innovation.
Digital Transformation to enhance productivity and improve profitability
Total digital transformation to Industrial 4.0 and company wide cultural Transformation to become the most preferred low cost technological manufacturing site with an edge over the competition.
Similar to Effectiveness (20)
Kris Van Ransbeek from Chiquita on ‘SCM as a Market Strategy Differentiator’
Kris Van Ransbeek from Chiquita on ‘SCM as a Market Strategy Differentiator’
Digital Transformation to enhance productivity and improve profitability
Digital Transformation to enhance productivity and improve profitability
More from Knowlittle Matharu
Hospital management
Hospitals dominate healthcare delivery in most parts of the world. Improving hospital efficiency is crucial for better health systems overall. The authors suggest research is needed on hospital organization, quality monitoring systems, and factors that determine successful hospital management. Priority research areas include descriptive studies of hospital systems; design, testing and study of quality assurance programs; and examinations of what makes effective hospital managers. This research could help improve understanding of hospital performance and inform training of managers.
Dialysis unit
The document summarizes a dialysis unit at Ivy Hospital in Mohali. It describes the types of dialysis offered including hemodialysis and peritoneal dialysis. It provides details on the organization, location, facilities, equipment, and services of the dialysis unit. The unit has 22 beds and treats 60-70 patients daily. It utilizes reverse osmosis to purify water for dialysis and has experienced nephrologists and staff to care for patients.
Advertisingagencyanditsfunctions 110214051140-phpapp02
An advertising agency is a service provider that helps clients develop advertising campaigns. They identify client goals and objectives to inform campaign planning and creation. Key agency roles include copywriters who create ads, artists who design visual elements, media teams who plan media buys, traffic managers who coordinate workflow, and production managers who ensure high quality output. Agencies handle the full marketing process from research and strategy to ad production, media placement, billing and integrating marketing communications.
Green hospitals
A green hospital aims to enhance patient well-being and recovery while efficiently conserving natural resources. Key benefits include 20-40% energy savings, 35-40% water savings, improved indoor air quality, and faster patient recovery compared to conventional hospitals. Design aspects focus on maximizing daylight, indoor plant life, green materials, and connecting patients to outdoor views and nature.
Green hospitals
The document discusses the benefits of green or sustainable hospital design. Green hospitals aim to conserve natural resources through energy and water savings of 20-50% while also improving patient and staff comfort. Design elements like increased natural lighting, indoor plant life, and non-toxic materials enhance air quality and health. Studies show patients recover faster in environments with views of nature. Case studies demonstrate that green hospitals achieve tangible cost savings as well as intangible benefits like reduced sick building syndrome and more productive patient healing.
Role of it in scm
This document discusses the role of information technology in supply chain integration and management. It describes how electronic data interchange (EDI), bar code systems, enterprise resource planning (ERP) systems, and web-based technologies can help integrate internal business processes and connect organizations with external partners. These IT solutions provide benefits like reduced costs, improved accuracy and responsiveness by facilitating the electronic exchange of information across the supply chain in real-time.
Attachments (1)
The document discusses DNA technology and its applications in genetics, genomics, medical genetics, pharmacogenetics, and gene therapy. It summarizes the goals and findings of the Human Genome Project, including identifying all human genes and better understanding the role of genetics in disease. Personalized medicine is emerging as a result of gaining insights into how genetic and genomic factors influence health and disease.
Dermatology
The document outlines an approach to dermatology patients and summarizes common skin conditions. It begins by describing how to take a patient history and perform a physical exam in dermatology. It then defines different types of primary and secondary skin lesions. The rest of the document categorizes and summarizes various common dermatological conditions such as acneiform eruptions, dermatitis/eczema, infections, papulosquamous diseases, and others, providing brief descriptions and treatments for each.
Dermatology 2008 trial
Acquired angioedema (AAE) is characterized by painless swelling of the skin or mucous membranes and is classified into two types: type I associated with lymphoproliferative disorders that cause a deficiency of C1 inhibitor, and type II caused by autoantibodies against C1 inhibitor. Symptoms include swelling of the skin, abdominal organs, or larynx. The pathophysiology involves uncontrolled activation of the contact system allowing release of kinins like bradykinin which cause vascular permeability and edema.
Cranial cavity
The cranial cavity contains three cranial fossae: anterior, middle, and posterior. The anterior fossa is bounded by the frontal bone posteriorly. It contains the crista galli and frontal crest, which provide attachment for the falx cerebri dural fold. Veins in the cranial cavity drain into a series of dural venous sinuses, including the superior sagittal, straight, and transverse sinuses.
Chemical safety bio-medical_waste_management_self_learning_document_for_docto...
Here are the key national legislations governing waste management in India:
- The Environment (Protection) Act, 1986 - This is the umbrella legislation empowering the central government to frame rules and regulations to protect the environment.
- The Bio-Medical Waste (Management and Handling) Rules, 1998 - These rules specifically govern the management of bio-medical waste generated at healthcare facilities.
- The Municipal Solid Wastes (Management and Handling) Rules, 2000 - These rules regulate the management and handling of municipal solid waste in towns and cities.
The Bio-Medical Waste (Management and Handling) Rules, 1998 and its subsequent amendments provide the framework for bio-medical waste management in India. Some important ex
Chapter10
This document discusses knowledge management and intelligent systems. It covers topics such as artificial intelligence, knowledge management components and value, business intelligence, and intelligent business. Key concepts include using data, information, and knowledge to make better decisions; sharing expertise through knowledge management systems; and applying analytics and artificial intelligence to improve business processes and competitiveness.
Chapter9
Decision support systems (DSS) are interactive computer-based systems that help managers solve structured, semi-structured, and unstructured decision problems. DSS use data warehouses to store integrated data from multiple sources and allow users to analyze and visualize the data. Data mining tools can then be used to discover patterns in large datasets and predict future trends to help managers make strategic decisions.
Chapter8
The document discusses integrated enterprise systems and their evolution over time. It describes how functional information systems created data silos within organizations. Integrated systems address this by capturing data at the source and allowing sharing across departments. Key integrated systems discussed include ERP, SCM, and CRM. ERP provides an integrated solution that spans accounting, finance, supply chain and other functions. SCM manages the flow of materials and information throughout the supply chain. CRM allows identifying, acquiring and retaining customers through multiple channels. The benefits of integrated systems include reduced data duplication and improved information sharing, but implementation requires aligning the system with business processes.
Chapter7
E-business involves conducting business transactions electronically over the internet. It includes various models like business-to-business, business-to-consumer, and consumer-to-consumer. E-business aims to create value for customers, employees, and suppliers through increased profitability, customer satisfaction, and better relationships. It requires secure management of networks and data to prevent threats from hackers, spoofing, and lack of privacy or integrity. Common security measures include encryption, firewalls, and authentication through passwords or digital certificates.
Chapter4
A computer network allows devices to be interconnected through various topologies and components. Devices can be connected locally through a LAN or over longer distances via a WAN. Key aspects of networks include the physical infrastructure of cables and wireless technologies, hardware components like hubs and switches, protocols for communication, and models for distributed systems and client-server architectures. Additionally, networks enable digital technologies like the Internet, intranets for internal organizational use, and extranets for controlled external partnerships.
Chapter3
This document discusses the key components of a computer system including the central processing unit, memory, input/output devices, bus, and software. It covers the evolution of computers from first to fifth generation machines and how their capabilities have increased over time due to advances in integrated circuits and processing power. The document also defines different types of computers, memory, storage, operating systems, and application software.
Chapter2
This chapter outlines the development of strategic information systems theory. It describes how information needs of managers have changed over time, leading to different types of systems that provide competitive advantages like TPS, MIS, DSS and e-commerce solutions. Frameworks are presented for how IT can support competitive strategies through Porter's value chain model, competitive forces model, and achieving cost leadership or differentiation. Wiseman's model emphasizes using IT to gain competitive advantages. The chapter concludes with discussing strategic planning processes for identifying and implementing strategic information systems.
Chapter1
This document provides an introduction to information technology and information systems. It discusses why organizations should invest in IT solutions due to changes in business and technology. It defines key concepts like data, information, knowledge, and systems. It also describes different types of information systems like transaction processing systems, management information systems, and decision support systems. Finally, it discusses trends in IT and how IT is transforming businesses and organizations.
Emerging role of ppp in india
This policy paper discusses the emerging role of public-private partnerships (PPPs) in the Indian healthcare sector. It identifies five major thrust areas where PPPs could help address challenges in the sector by combining social objectives of universal access with business objectives of operating profitable facilities. These areas are infrastructure development, management and operations, capacity building and training, financing mechanisms, and IT infrastructure. The paper provides an overview of the Indian healthcare system, stakeholders in PPPs, models for PPPs, and an evaluation framework to assess PPP models. It recommends the government play a facilitator role by supporting private sector service delivery and quality of care.
More from Knowlittle Matharu (20)
Advertisingagencyanditsfunctions 110214051140-phpapp02
Advertisingagencyanditsfunctions 110214051140-phpapp02
Chemical safety bio-medical_waste_management_self_learning_document_for_docto...
Chemical safety bio-medical_waste_management_self_learning_document_for_docto...
Recently uploaded
State of D2C in India: A Logistics Update
The report *State of D2C in India: A Logistics Update* talks about the evolving dynamics of the d2C landscape with a particular focus on how brands navigate the complexities of logistics. Third Party Logistics enablers emerge indispensable partners in facilitating the growth journey of D2C brands, offering cost-effective solutions tailored to their specific needs. As D2C brands continue to expand, they encounter heightened operational complexities with logistics standing out as a significant challenge. Logistics not only represents a substantial cost component for the brands but also directly influences the customer experience. Establishing efficient logistics operations while keeping costs low is therefore a crucial objective for brands. The report highlights how 3PLs are meeting the rising demands of D2C brands, supporting their expansion both online and offline, and paving the way for sustainable, scalable growth in this fast-paced market.
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Presentation by Herman Kienhuis (Curiosity VC) on developments in AI, the venture capital investment landscape and Curiosity VC's approach to investing, at the alumni event of Amsterdam Business School (University of Amsterdam) on June 13, 2024 in Amsterdam.
The Role of White Label Bookkeeping Services in Supporting the Growth and Sca...
The Role of White Label Bookkeeping Services in Supporting the Growth and Sca...YourLegal Accounting
Effective financial management is important for expansion and scalability in the ever-changing US business environment. White Label Bookkeeping services is an innovative solution that is becoming more and more popular among businesses. These services provide a special method for managing financial duties effectively, freeing up companies to concentrate on their main operations and growth plans. We’ll look at how White Label Bookkeeping can help US firms expand and develop in this blog.Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Cover Story - China's Investment Leader - Dr. Alyce SU
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
DearbornMusic-KatherineJasperFullSailUni
My powerpoint presentation for my Music Retail and Distribution class at Full Sail University
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
永久可查学历认证【微信：A575476】【(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
→ 【关于价格问题（保证一手价格）
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
Enhancing Adoption of AI in Agri-food: Introduction
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
“Enhancing Adoption of AI in Agri-food: a Path Forward”, 18 June 2024
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
Sattamatka.satta.matka.satta matka.kalyan weekly chart.kalyan chart.kalyan jodi chart.kalyan penal chart.kalyan today.kalyan open.fix satta.fix fix fix Satta matka nambarKirill Klip GEM Royalty TNR Gold Copper Presentation
Tesla Energy rEVolution And The Golden Age For Copper: Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Lithium Will Power Us For The Next 50 Years And Then Robots: Kirill Klip GEM Royalty TNR Gold Lithium Presentation
The latest Heat Pump Manual from Newentide
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
AI Transformation Playbook: Thinking AI-First for Your Business
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
Discover the Beauty and Functionality of The Expert Remodeling Service
Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
Recently uploaded (20)
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
The Role of White Label Bookkeeping Services in Supporting the Growth and Sca...
The Role of White Label Bookkeeping Services in Supporting the Growth and Sca...
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Cover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SU
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
Enhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: Introduction
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
AI Transformation Playbook: Thinking AI-First for Your Business
AI Transformation Playbook: Thinking AI-First for Your Business
Discover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling Service
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
Effectiveness
- 1. EFFECTIVENESS And EFFICIENCY
- 2. Effectiveness and Efficiency in Management Exhibit 1.2 8
- 3. EXAMPLES • Streamline production of goods • Optimum utilization of raw materials. • Low distribution cost. • Recruiting people having skill set matching the requirement. • Low employee turnover • Good work environment. • Recruitment procedure. • Good relationship between employees. • Individualize and personalize market offering. • Lower cost of ownership. (Suppliers.)
- 4. EXAMPLES EFFECTIVENESS EFFICIENCY • Optimum utilization of raw • Low distribution cost. materials. • Streamline order processing. • Recruiting people having • Reduce inventories skill set matching the • Reduces cost of customer requirement. acquisition. • Good relationship between • Streamline production of employees. Goods • Individualize and • Low employee turnover personalize market offering. • Good work environment. • Lower cost of ownership. • Recruitment procedure. (Suppliers.) • Optimum level of employees
- 5. Intrinsic Factors Effectiveness and Efficiency 1. Employee appraisal. 2. Maximum production. 3. New Product line. 4. Advancement in the existing product. 5. Low consumption of raw materials. 6. Only one entrance in a factory. 7. Advanced technology.
- 6. Extrinsic Factors Effectiveness and Efficiency 1. Goods sales network. 2. Market segmentation 3. Identifying new markets 4. Customer loyalty.