Se ha denunciado esta presentación.
Se está descargando tu SlideShare. ×
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Próximo SlideShare
Productivity
Productivity
Cargando en…3
×

Eche un vistazo a continuación

1 de 24 Anuncio

Más Contenido Relacionado

Presentaciones para usted (20)

Anuncio

Similares a what is Productivity (20)

Anuncio

what is Productivity

  1. 1. What is productivity ? • Productivity is a measure of the efficiency of production. • Productivity is a ratio of what is produced to what is required to produce it. • Productivity is the determinant of the efficiency of an enterprise to convert its variable resources into useful finished goods and services. • Productivity = output/input.
  2. 2. Partial productivity • Easiest to measure, there can be more than one input factor but the output is one factor. • It uses a single major input which plays an important role to determine the productivity ratio. Total productivity • It is a systematic & quantitative approach . • It was developed by “David .J. Sumanth”. • It is customer oriented one integrating technical and human resources situation during the conversion process.
  3. 3. Reasons to improve Productivity • Increase in income & profitability. • Lowering running costs & operational costs. • It important to improve productivity at all levels by an organization to be more competitive. • An organization is in problem when if its human resource is not productive.
  4. 4. Methods to improve productivity • Ineffective time in work content front. • Product and process front. • Labour front. • Building trust to improve productivity. • Incentives and bonus front. • Use of electronics waste reduction front. • Six sigma
  5. 5. Following are Factors Affecting Productivity in Diamond Industry-  Employees Training.  Automation.  Equipments Used by Employees-  polishing tangs.  diamond wheels.  Quality and Availability of Raw Diamonds.  Standard of Diamonds Produced by firms.  Management Policies.
  6. 6. Comparison of Two Firms- Company A Company B Rate of Production 200 units per day 175 units per day Polishing tangs Fully geared Semi geared Diamond wheels Latest Latest Automation Automation in all phases Automation in later phases Wastage level Less More Workload on work force Less More No. of working days in a 28 28 month No. of Employees 10 12 Employees Training Level same same No. of labor hours per days 10 10
  7. 7. Analysis of Cost Pattern of Two Firms- Cost per Unit Company A Company B Labor Cost- Rs 70 Rs 80 Electricity Cost Rs 10 Rs 15 Capital Cost Rs 40 Rs 35 Packaging Cost Rs 05 Rs 05 Management Cost Rs 20 Rs 20 Other Cost Rs 05 Rs 05 Total Cost Per Unit Rs 150 Rs 160
  8. 8. Comparison of Two Firms- Production cost Per 1000 units Company B Company A 145000 150000 155000 160000 165000 Cost of Production in Rs.
  9. 9. Comparison of Two Firms- Productivity Ratios Company A Company B Productivity= 200/30000=0.0067 175/32000=0.0056 Output/Input Employee Productivity* 36000/10= Rs 3600 31500/12 = Rs 2625 =Output/No. of Employees Total Productivity*= 36000/30000= Rs 1.2 31500/28000= Rs1.125 Total Output/Total Input *= Assuming selling price Rs 180 per unit
  10. 10. Production
  11. 11. Introduction • Production involves the step by step conversion of one form of material into another through chemical or mechanical process with a view to enhance the utility of the product or services. • According to Elwood Butta “production is a process by which goods or services are created”.
  12. 12. Characteristics of production system • Production is an organized activity. • The production system transforms the various inputs into useful outputs. • Production system does not operate in isolation from the other organizational systems. • There exists a feed back about the activities which is essential to control and improve system performance.
  13. 13. Types of production • Job production • Batch production • Mass production • Continuous production
  14. 14. Functions of production management • Production planning • Production control • Factory building • Provision of plant services • Plant layout • Physical Environment • Method study • Inventory control • Quality control • Product department
  15. 15. How is production different from productivity ? • Production is related to the activity of producing goods or services. It is a process of converting input into value-added output. • Productivity is related to the efficient utilization of input resource produced in the form of value added goods or services.
  16. 16.  For example : • “A” spends 90rs, makes 10 products So, productivity = 10/90 = 0.111 • “B” spends 280rs, makes 30 products So, productivity = 30/280 = 0.107 • “C” spends 350rs, makes 40 products So, productivity = 40/350 = 0.114
  17. 17. We have understood three things from the above example: • Production and productivity are two different things. • Increase in production does not necessarily mean increase in productivity. • Productivity is always associated with the context in which it is calculated. – For example, in the above case, we have calculated total productivity. While in another case, someone may like to know about material productivity or energy productivity.
  18. 18. Conclusion • Productivity is a concept, whereas production is a fact. • Production is achieved by means of resources, productivity is measured through means of maximum manpower, machinery, financial support. • Production is a variable, dependent on many factors such as labour availability, motive power, etc. whereas productivity is the optimum measure of what or how much can be achieved or realized.
  19. 19. PERFORMANCE
  20. 20. Performance •Performance is the accomplishment of a given task measured against preset known standard of accuracy, completeness, cost and speed. •Performance is usually related to a personal matter and in a contract is deemed to be the fulfillment of obligation in a manner that releases the performer from all liabilities under the contract.
  21. 21. IMPORTANCE OF PERFORMANCE MANAGEMENT •Wayne Eckerson of The Data Warehouse Institute defines Performance Management as “a series of organizational processes and applications designed to optimize the execution of business strategy” •Performance management is a quickly maturing business discipline. Like its better known siblings—sales and marketing, human resources, supply chain management, and accounting and finance—performance management has a key role to play in improving the overall value of an organization.
  22. 22. SCOPE AND BENEFITS OF PERFORMANCE •Business performance management involves consolidation of data from various sources, querying, and analysis of the data, and putting the results into practice •A good performance management system works towards the improvement of the overall organizational performance by managing the performances of teams and individuals for ensuring the achievement of the overall organizational ambitions and goals.

×