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Effective Manufacturing Operations Management in 2024

Epicflow

Read the article to learn more about this practice and its role in manufacturing, and explore recommendations that will drive MOM’s efficiency. Manufacturing operations management (MOM) is the practice of overseeing and improving manufacturing processes at multiple levels. What Is Manufacturing Operations Management?

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Before Automating Your Company?s Processes, Find Ways to Improve Them

Harvard Business

It is frequently used to automate financial processes, such as comparing invoices with shipment notices, or transfering data from email and call center speech-to-text systems into transactional systems of record. Examples of RPA and Process Improvement.

Company 138
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How Digital Technology Is Changing Farming in Africa

Harvard Business

Those that do look to leverage new technologies run into financial issues. The process improves farm productivity and reduces input waste by using analytics to facilitate data-driven farming practices for small-scale farmers. Beyond precision farming, financial solutions designed for farmers are blossoming.

Tools 135
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Looking Beyond Short Term Financial Metrics (Nigel Lake, Part 2 of 10)

Tom Spencer

Tom: Do you think that short term financial metrics are part of the problem in developing long term strategy? One of the ideas that I’ve been thinking about recently is that financial metrics are basically designed to evaluate how much you are getting out of a company, your cash flow take from the company. Tom: That’s very interesting.

Metrics 60
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How People Analytics Can Help You Change Process, Culture, and Strategy

Harvard Business

In core functional or process transformation initiatives — which are often driven by digitization — we’ve seen examples of people analytics being used to measure activities and find embedded expertise.

Culture 143
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Hidden Heroes: Business Operations in Companies of All Sizes

Tom Spencer

While the specific responsibilities may vary based on the organization’s size, industry, and structure, these teams are generally responsible for various functions aimed at optimizing operations, driving efficiency, and supporting strategic goals.

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A Business Case in Project Management: Why Start a Project?

Epicflow

To sum up, preparing a business case before project initiation can increase efficiency of the business – an organization will intake only those initiatives that will bring real value. . They can be as follows: executive sponsor, technology support, process improvement, project manager, and software support. . References .