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NORRIS MEDICINES LIMITED, ANKLESHWAR

                         TRAINING MATERIAL

          Productivity  Improvement in Productivity

What is Productivity ?
Successful companies create a surplus through productive operations. Although
there is no complete agreement on the true meaning of productivity. But
productivity means to achieve complete target with maximum output and
minimum loss without affected quality. Let us define it as the output-input ratio
within a time period with due consideration for quality.

                      Productivity = Outputs / Inputs
The formula indicates that productivity can be improved

   1. By increasing outputs with the same inputs
   2. By decreasing inputs but maintaining the same outputs
   3. By increasing outputs and decreasing inputs to change the ratio
       favorably.
   4. Proper planning on paper and evaluation of planning
   5. Before start new product or planning manager has to give proper training
       and also knowl
Productivity and Improvement in Productivity
Productivity and Improvement in Productivity
Productivity and Improvement in Productivity

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Productivity and Improvement in Productivity

  • 1. NORRIS MEDICINES LIMITED, ANKLESHWAR TRAINING MATERIAL Productivity Improvement in Productivity What is Productivity ? Successful companies create a surplus through productive operations. Although there is no complete agreement on the true meaning of productivity. But productivity means to achieve complete target with maximum output and minimum loss without affected quality. Let us define it as the output-input ratio within a time period with due consideration for quality. Productivity = Outputs / Inputs The formula indicates that productivity can be improved 1. By increasing outputs with the same inputs 2. By decreasing inputs but maintaining the same outputs 3. By increasing outputs and decreasing inputs to change the ratio favorably. 4. Proper planning on paper and evaluation of planning 5. Before start new product or planning manager has to give proper training and also knowl