Remove Data Remove Process Improvement Remove Productivity
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Effective Manufacturing Operations Management in 2024

Epicflow

Its main purpose is to produce better products more efficiently and at lower costs. With this purpose, MOM involves the analysis of each stage in the production process to make sure that they are maximum efficient, and their costs are minimized. Key Elements of Manufacturing Operations Management Production management.

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Can AI Help Your Company Innovate? It Depends

Harvard Business

Companies need new ways to innovate quickly, cheaply, and productively. Firms that use AI analytics to generate wide recombinations are 3 to 7% more productive than firms that do not. Many, quite reasonably, wonder how deploying AI might help.

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Engineering Project Management: The Essential Guide

Epicflow

Here’s an overview of the main principles of this approach: Muda: aims to streamline project workflow by eliminating waste, e.g., overproduction, excess inventory, idle time, and product defects; Value Stream Mapping (VSM): visualizes the full process of value delivery (e.g.,

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If Your Data Is Bad, Your Machine Learning Tools Are Useless

Harvard Business

Poor data quality is enemy number one to the widespread, profitable use of machine learning. The quality demands of machine learning are steep, and bad data can rear its ugly head twice — first in the historical data used to train the predictive model and second in the new data used by that model to make future decisions.

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How Digital Technology Is Changing Farming in Africa

Harvard Business

billion by 2050, and to feed that number of people, global food production will need to grow by 70%. For Africa, which is projected to be home to about 2 billion people by then, farm productivity must accelerate at a faster rate than the global average to avoid continued mass hunger.

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Top 4 Challenges for a Project Management Office (PMO) and Ways to Address Them

Epicflow

And that’s no wonder – an effectively working PMO can streamline a company’s project management processes, improve their outcomes, optimize costs, and facilitate achieving an organization’s business objectives. Centralizing all project- and resource-related data. Smart resource allocation.

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What to Do If Your Team Is Too Busy to Take On New Work

Harvard Business

Once you’ve collected this data, the next step is to focus on the areas that the team is spending the most amount of time. To find more time, leaders will need to identify opportunities to eliminate work, reduce workload, or improve productivity by working closely with their teams.