Answer to Question #313888 in Management for Modi

Question

A toy company is working in the India market from the last couple of years. The company has many branches within the city and outside as well. The company thinking to start its own manufacturing unit and the government is also motivating manufacturers to start manufacturing within the Indian market.

Management is confused about the selection of the production process. Kindly suggest the best method in the production process that improves efficiency.

Answer 1

I would advise the management to emphasize on the following methods in the production process to improve efficiency;

1. Improve Your Business Processes. For example, it’s not unusual for organizations to periodically upgrade production equipment with “the latest and greatest” technology. However, should they experience immediate gains, team members will likely pat themselves on the back without evaluating the technology resources that support their core production equipment. 
2. Evaluate Your Production Line. y special attention to measuring throughput—the average number of units your company produces in a given period. This measurement will highlight any issues you have with specific machines.
3. Update Technology. Technology debt is an unpleasant fact of life for businesses today. If you don’t provide your team with the tools it needs to be efficient, you’ll find yourself losing both customers and employees. 
4. Identify Production Bottlenecks. Production bottlenecks occur when there is a breakdown somewhere on your production line. People often assume machine- or equipment-related deficiencies drive bottlenecks. However, organizations have the most costly bottlenecks in the “human” components of their processes.