Remove Process Improvement Remove Productivity Remove Resources
article thumbnail

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.

article thumbnail

Engineering Project Management: The Essential Guide

Epicflow

On the one hand, engineering project management steps are the same as those for projects in other industries: planning, scheduling, allocating resources, managing stakeholders, monitoring, etc. For example, Agile methods can be used in product design, which allows teams to make improvements based on regular real-time feedback.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow

This can be explained by low morale in such companies: their people are usually concerned about the possibility of being laid off, which affects their commitment and productivity. 2] The thing is you can improve profitability and save money without taking aggressive cost-cutting measures.

Resources 188
article thumbnail

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. According to a recent report by Wellingltone, 82% of business organizations have a project management office.

article thumbnail

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

Epicflow

Is it reasonable to invest more resources to deliver the project?). . It facilitates more reasonable resource utilization. . It makes no sense to allocate valuable resources (both human and material) to projects that won’t bring real value to the business. . This is where a resource management solution can assist.

article thumbnail

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

Harvard Business

But as a leader, how do you know whether your team is really needs more resources, or whether they could be working more efficiently? To find more time, leaders will need to identify opportunities to eliminate work, reduce workload, or improve productivity by working closely with their teams. ” Project overload is real.

article thumbnail

How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business

Jetta Productions/Getty Images. has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities. has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities.