The major problem in developing countries is to bring gang size down to that cost-effective level....

The major problem in developing countries is to bring gang size down to that cost-effective
level. Succinctly explain three (3) ways by which excess labour can be reduced.

Expert Solution

Labour cost is one of the significant parts of the organizational balance sheets. And in the developing countries, the companies are staffed more with the labour compared to the developed companies. The organization also needs extra expenses on their training and any risk assessment. This is why many organizations are now approaching several ways for cost reduction with strategy and balancing the resourcing as well as cost controls. The main three ways for reducing the excess labour are as followed:
Lean production- it refers to an approach used by the management for cutting out cost without affecting the quality of the products. It reduces the non-value-added operation within the production. Its effective application doubles productivity by reducing the inventory and cutting production times, and a large unit of products are manufactured.
Technology implementation- Technological implementation, such as automation could do the work of human labour more efficiently and effectively. A system such as automated assembly, automated picking of components for automated assembly, and the automated inspection would reduce the labour cost in the production process
Eliminating the over scheduling- Over scheduling is one of the major sources of labour cost in manufacturing; the company manufacture products on the expectation that requires a large number of workforce. The company could use predictive scheduling software that optimizes the employees scheduling efforts with sophisticated algorithms.
In addition to this, by standardization, utilizing the contractual or part-time labour, and the product design development would help the company in reducing the labour cost to a large extent.

keosha answered 1 year ago

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The major problem in developing countries is to bring gang size down to that cost-effective level....

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