Efficiency and Productivity
Analyse methods for improving labour productivity and operational efficiency, including lean production techniques. Students will evaluate the role of technology in streamlining business operations.
About This Topic
Analyse methods for improving labour productivity and operational efficiency, including lean production techniques. Students will evaluate the role of technology in streamlining business operations.
Key Questions
- How is labour productivity calculated?
- What is lean production?
- How can technology improve operational efficiency?
More in Decision Making to Improve Operational Performance
Setting Operational Objectives
Learn how operational targets such as unit cost, speed of response, and flexibility drive competitiveness. Students will also consider the growing importance of environmental sustainability in operations.
2 methodologies
Quality Management
Distinguish between quality control and quality assurance, and understand the financial and reputational impacts of poor quality. Students will explore Total Quality Management (TQM) as a holistic approach.
2 methodologies