Remove Process Improvement Remove Productivity Remove Tools
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Can AI Help Your Company Innovate? It Depends

Harvard Business

Companies need new ways to innovate quickly, cheaply, and productively. To investigate, we researched how companies are using AI for innovation and found that tools are just tools — success depends on how organizations use these new tools now at their disposal. Many, quite reasonably, wonder how deploying AI might help.

Company 248
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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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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., Sharing resources across multiple projects.

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

Harvard Business

To find more time, leaders will need to identify opportunities to eliminate work, reduce workload, or improve productivity by working closely with their teams. By eliminating these lower-value internal projects, our teams were able to engage with our customers more deeply, leading to increased product adoption rates.

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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. But this is about to change.

Tools 134
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If Your Data Is Bad, Your Machine Learning Tools Are Useless

Harvard Business

Consider an organization seeking productivity gains with its machine learning program. This in turns subverts the hoped-for productivity gains. Doing so is simply good practice (though many unwisely skip it), and it may help you make the process improvements you’ll need to use your predictive model in future decisions.

Data 78
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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 164