As the working population declines, japanese companies must reform the way they work. In order to continue business growth despite this harsh reality, it is essential to improve productivity in daily operations.
This article provides a detailed explanation of the basics of productivity improvement, the benefits of working on it, eight specific measures, and successful case studies. If you are interested in improving your company's productivity, please take a look at this article.
Table of contents
What is productivity improvement?
Background of the need for productivity improvement initiatives
Five benefits of productivity initiatives for companies
Eight productivity improvement initiatives
Procedures for implementing productivity improvement initiatives
What to consider when implementing productivity improvement initiatives
Summary
Employee desk
Productivity improvement in business russian phone number whatsapp means maximizing output (sales, production volume, added value, etc.) obtained for inputs (number of people, equipment, time, etc.).
Productivity can be quantified by using the following formula.
Productivity = output (sales, production volume, value added, etc.) ÷ input (number of people, equipment, time, etc.)
In other words, there are two ways to improve productivity
Decrease the amount of input and maintain or increase the amount of output
・increase the amount of input and increase the amount of output more than the amount of input
Taking the appropriate pattern for your company's situation will lead to higher productivity.
What is the difference between operational efficiency?
A term similar to productivity improvement is the concept of "Operational efficiency," but each concept is different. Productivity improvement refers to maximizing the quality and quantity of output per employee. On the other hand, operational efficiency refers to streamlining operations by eliminating the 3ms (waste, muri, and mura) in operations. Therefore, it can be said that operational efficiency is one of the means to achieve productivity improvement.