article thumbnail

Effective Manufacturing Operations Management in 2024

Epicflow

There’s one more essential component that helps manufacturers reach their goals — manufacturing operations management (MOM). What Is Manufacturing Operations Management? Manufacturing operations management (MOM) is the practice of overseeing and improving manufacturing processes at multiple levels. Supply chain management.

article thumbnail

Manage Capital Investments Like a Supply Chain

Harvard Business

what the project is meant to deliver) informs the supply (everything upstream the organization must orchestrate to fulfill demand). Supply chains and operations functions today deliver on trillions of dollars every week with limited failures.

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

On the contrary, with a data-driven approach to decision-making, the company’s management can base their actions on insights derived from accurate and real-time information, not just assumptions. A data-driven approach will help you make more informed and confident decisions that will directly impact business performance.

Tools 246
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. It is often a major cultural change to fully embrace this level of process management.

article thumbnail

Cross-Functional Accountability and Authority: Enhancing Organizational Effectiveness

Effective Managers

Properly understanding and implementing cross-functional authority is essential for ensuring smooth operations and effective collaboration. Introduction Cross-functional projects and teams are important mechanisms for success, but also create challenges many organizations face.

Policies 264
article thumbnail

How Digital Transformation Can Improve Hospitals’ Operational Decisions

Harvard Business

It can help with patient flow, staffing, scheduling, and supply-chain management.

article thumbnail

Top 15 Capacity Planning Tools for Your Business [2024]

Epicflow

It enhances decision-making Comprehensive insights and analytics provided by team capacity planning tools facilitate making informed decisions regarding resource allocation, project prioritization, and workload management. Float is used by consultancies, software development teams as well as companies operating in manufacturing and education.

Tools 253