Increasing Productivity begins with Business Strategy:
The first in the series of 3 will show how business strategy defines the areas where productivity can be improved. For example:
· Automation might be appropriate if the business strategy is to mass produce very large quantities at the lowest cost.
· Robotics might be appropriate if the business strategy is to produce a flexible range of products in large quantity at the lowest cost
· Outsourcing might be appropriate if flexibility in product and capacity is more important than having the lowest possible cost.
· ERP systems might be appropriate if there is a complex range of products, suppliers, or logistics involved.
This leads to the Digital Technology Adoption Pilot Program, and NRC-IRAP will provide details about how it help companies establish a productivity baseline, guides the selection of productivity improvement projects, and measures the improvements