Question

Use examples to show how one or two of those topics in production and operations management improve the performance in a business? What aspect of this course was most meaningful to your career? Why?

Answer 1

Answer: Two strategies which can improve business productivity:
Use technology to improve business operation:
Web-based technology drastically improves how you maintain your business. You're a decent up-and-comer in case you're hoping to expand a piece of the overall industry, forcefully seek after cost decrease or more prominent productivity, or forestall client care issues. Creation of the executive's devices run from spreadsheets to off-the-rack programming arrangements or business-explicit, uniquely created applications. Here are a few models:
E-obtaining (web-based purchasing) is an elective vehicle you can use to get your materials from providers. This innovation empowers you to get increasingly focused on evaluating as you are never again restricted to neighborhood traders. For the most part, the expense of exchange preparing is diminished and there is less administrative work.
Stock control frameworks can assist you with diminishing stock levels, improve productivity, and accelerate client reaction time. On the web and request the board frameworks coordinate stock data with your association's buying, bookkeeping, and e-business frameworks, so you can without much of a stretch track request status and the development of stock inside your organization. You will likewise have the option to distinguish pinnacle and low periods, enabling you to modify supply buys and better oversee working capital.
Implement a continuous improvement approach:
Improving efficiency is progressing action. Here are a few recommendations for setting up a nonstop improvement plan:
Start by evaluating the challenge and the prescribed procedures in your industry, otherwise called benchmarking. Be that as it may, don't duplicate plans of different organizations—create one that works for your organization. Get outer assistance to evaluate your business shortcomings and qualities. This gives you a target perspective from which you can improve profitability and upgrade forms. Adopt a bit by bit strategy instead of handling everything simultaneously. Concentrating on a couple of needs will empower you to get results quicker.
Relegate explicit groups to explicit issues or procedures for an upgrade. Set up a conventional proposal framework for representatives. Search for leap forward achievements. Little enhancements can change into significant increments inefficiency. Measure your outcomes. In a perfect world, this ought to be finished by a goal outside gathering.
According to me, Outsourcing can be a cost-effective way to focus your efforts on what you do best as a business and make productivity gains. But whether you choose to outsource logistics,
accounting, payroll, public relations, or IT, it's vital to first grasp what drives costs and profits in your company. Before you get started, it's important to assess your current production and costs such as location, shipment, and client proximity. You need to know exactly which core functions increase revenues and which noncore functions increase your expenses and affect your productivity.