Question

How does work measurement impact the ability for an operation to be competitive in the 21st century?

Answer 1

Below are the points explains how measurement have impacted ability for operation to be competitive.

• Work measurement is user to identify the critical areas of operations. This helps the organization to allocate more resources.
• Work measurement have helps the production teams to lay a production schedules and to design the work planning.
• Work measurement used to prepare the company annual budget.
• Work measurement helps to analyse the company productivity and efficiency.
• Work measurement is one of baseline for setting a wages to employees.
• Work measurement tries to reduce the human efforts in the operations so reduce the cycle time and enhance the productivity.
• Work measurement helps to eliminate the unnecessary work in business operations.

Therefore work measurement have impact on parameter such as, productivity, employee wages, critical areas of operations, financial/budgetary control etc which decide the ability of the organization to be competitive in 21st century.

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