article thumbnail

Effective Manufacturing Operations Management in 2024

Epicflow

Manufacturing companies continually seek ways to improve their processes, optimize costs, and increase competitiveness. There’s one more essential component that helps manufacturers reach their goals — manufacturing operations management (MOM). What Is Manufacturing Operations Management? Process control.

article thumbnail

What Companies Succeeding with AI Do Differently

Harvard Business

In 2021, researchers at MIT and McKinsey teamed up to ask more than 100 companies how they were using AI in their operations and to learn what separated the highest-performing companies from the rest. They conducted a similar survey in 2023 to see what had changed.

Company 240
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Project Management Tools Can Improve Business Performance in 2025

Epicflow

What steps will lead your company to become a high-performing organization? Improving Business Performance: Essential Steps Business performance indicates how effectively a company achieves its objectives. If we talk about project-based companies, we cannot assess their performance only by completing their projects successfully.

Tools 246
article thumbnail

Manage Capital Investments Like a Supply Chain

Harvard Business

Supply chains and operations functions today deliver on trillions of dollars every week with limited failures. The reason is, the techniques companies use to manage and operate supply chains have been enhanced, refined, and continuously improved over a long period of time.

article thumbnail

Savings Consultants Are Needed in Today's Market More Than Ever

Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses. Helping companies reduce operating expenses and save time and money can lead to a fulfilling career that can be done from the comfort of your own home.

article thumbnail

Don’t Let Growth Muddle Your Company’s Strategy

Harvard Business

Companies often undertake investments or make decisions that slowly erode their original unique strategy or dilute the sharp boundaries that gave the firm its original clear identity. Avoiding these traps requires understanding and internalizing what the companys core differentiators are.

Strategy 214
article thumbnail

Transform Business Operations with Process Mining

Harvard Business

The most effective companies we interviewed use process mining to generate operational insights at scale, identify process inefficiencies, define targeted actions, and measure process improvements — all of which lead to value realization. Leaders describe a cultural journey from a hero-focused company to a process-focused company.