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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. Process control.

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Research: How IT Can Solve Common Problems in DEI Initiatives

Harvard Business

The authors’ research found that three persistent problems plague DEI initiatives: They do not connect to operational or strategic goals and objectives; they do not include the rank-and-file; and they are often implemented through periodic efforts like annual diversity training that aren’t integrated into day-to-day work processes.

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Research: What Companies Don’t Know About How Workers Use AI

Harvard Business

Leaders who are exploring how AI might fit into their business operations must not only navigate a vast and ever-changing landscape of tools, but they must also facilitate a significant cultural shift within their organizations. But research shows that leaders do not fully understand their employees’ use of, and readiness for, AI.

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Research: Warehouse and Logistics Automation Works Better with Human Partners

Harvard Business

The incremental approach of integrating human roles with automated systems not only keeps operations cost effective but also leverages human adaptability for continuous improvements. Human-robot collaboration, employed by companies like DHL and CEVA, enhances productivity, reduces worker fatigue, and increases job satisfaction.

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Research: How Should Multinational Firms Navigate Local Rules?

Harvard Business

But constantly adapting to local practices could jeopardize a company’s ability to integrate operations across markets. Local institutions and rules matter, and there are clear risks for top executives at headquarters who don’t take them seriously.

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Consulting 101: Operations, Hierarchies, and Types of Firms

Tom Spencer

Learning how consulting firms operate can help you better understand what you would do as an analyst. Clients may need help with market research, competitor analysis, growth strategies, supply chain optimization, product development, or a range of other issues. How do Consulting Firms Work?

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How to Improve Operational Efficiency in Project-Based Organizations

Epicflow

Among other things, this can be achieved by improving a company’s operational efficiency. How is it possible to increase operational efficiency in project-based organizations? What Is Operational Efficiency and Why Improve It? Improving operational efficiency means delivering more output with the same or less input.