Competitive Advantage
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Competitive Advantage
Operations management can be generally described as the management of the resources that are needed for the production of goods and services provided by an organization. The production of goods and services occurs through a transformation process that transforms various inputs (raw materials, components, partly finished products, information, customers, facilities, equipment, technology, human resources,) in desired outputs (goods and services) .
Today's workforce is diverse, with numerous pay classifications such as hourly, salaried, or contract (under various schedules). In addition, organizations must be able to accommodate a complex range of work environments for example on factory floors or in laboratories and at remote customer sites, without forgetting to mention the rapidly increasing number of telecommuting employees. Moreover the use of Web technology in time and labor management solutions is helping many organizations discover further cost savings and efficiency improvements. First and foremost, Web technology breaks down barriers to accessing labor data and can be maintained from anywhere in the enterprise and as a result saves time, money, and effort. With Web technology, organizations gain easy access over the Internet, intranets, local area networks (LANs), and virtual private networks (VPNs) while reaping significant cost savings. Internet solutions are centralized, cutting the IT support costs that go along with managing multiple databases, networks, and client interfaces. As companies increasingly turn to the Web, they discover that the range of users typically spans from self-service employees, who interact with the system occasionally for simple tasks, to supervisors and managers who interact with the system frequently in order to access real-time labor data on the fly.
These actions can reduce costs in the near-term, but a robust solution is critical to improving long-term productivity and mapping future growth for the organization. It will...
- Submitted by: migartua23
- Date Submitted: 12/18/2008 02:27 PM
- Category: Business
- Words: 1604
- Pages: 7
- Views: 293
- Rank: 42926