Strategy Driven
OCTOBER 11, 2023
From streamlining processes to taking advantage of technological solutions, these methods will help you save money while still providing excellent customer service. Essentially, this helps your company to excel and produce higher productivity in the long run. In a nutshell, streamlining operational process translates to optimization.
Harvard Business Review
MAY 26, 2016
It involves replacing traditional mass manufacturing with “lean manufacturing” principles. Over the last thirty years, the lean approach — developed by Japanese automakers — has permeated the manufacturing sector in developed countries, but is much less commonly used in the developing world.
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LDRLB
SEPTEMBER 12, 2013
Ajay is a technologist and business strategist who often obsesses over issues that range from the impact of technology on disruptive business models to entrepreneurship and impact investing. LG has devised payment subscription plans that makes its products affordable. [Editor''s Note: This is a guest post from Ajay Swamy.
Chartered Management Institute
MARCH 6, 2012
Despite this, many companies undertaking lean manufacturing do not measure the effectiveness of their efforts on improving the bottom line. You might even want to throw in an extra 10% saving for the productivity gains from not having people stuck in meetings. Step 3 - Turn these figures into a bottom-line ROI.
Harvard Business Review
MAY 2, 2012
Increasing productivity — making more with less — is at the core of any company or any economy's economic progress. From a societal view, productivity drives higher living standards and increases shared resources — for example, providing a government with more resources to invest back into its citizens.
Harvard Business Review
MAY 28, 2015
Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. The technologies and trends shaping tomorrow’s businesses. The literature on this subject is enormous.
Harvard Business Review
MAY 31, 2016
the Internet of Things (IoT), Digital Manufacturing, and big data and advanced analytics. There is a common misconception that technology alone can produce magical results. The technologies and processes that are transforming companies. It was all reminiscent of 19 th century advertisements for cure-all patent medicines.
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