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Is there a direct relation between Optimization of Resources and Optimization of Efficiency. Are they mutually complementary?
It can provide an optimum technological efficiency. The overall efficiency of a business can be, sometimes, influenced by external factors, which can not be estimated, therefore they cannot be budgeted.
that was part of efficiency elements , but the wider spectrum is to implement a work plan strategy , in which the following factors need to be deployed :
(1) Total Quality Management need to be attained as following:
1.1 - Master control registers
1.2 - reliability tests records re-check .
1.3 - Just - In - Time & Lean system methodology of distribution of resources activation
1.4 - CAN-PAN resource handling technique need to be elaborated into the processes.
(2) Risk measures for
2.1- safety hazards controls
2.2 - Production/ activities / functions / tasks processing lag & lead times performance by implementing Six Sigma technique .
2.3 - Materials Supply & Purchasing performance
2.4 - Inventory & recovery Management ( as mentioned above 1.3 & 1.4)
(3) E.R.P. : Enterprise Resource Planning effective Management system
(4) Corporate governance deployment overall network & functions with all departments.
(5) keeping alternative work plans and strategies available to face undesirable or unpredictable situations , such plans are:
5.1 - organizational change & development
5.2 - fundraising opts & deliverers
Hence, the optimization can be within higher calibers .
BR,
Ghalib Humaidi
MBA(Operations)
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