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The less-than-truckload (LTL) industry is highly competitive, with recent average profit margins less than 3%. LTL shipments are routed through a network of service centers and hubs. The performance of the entire LTL distribution network is highly dependent on the speed and accuracy of the hub...
Persistent link: https://www.econbiz.de/10009433799
Lean production prescribes training workers on all tasks within the cell to adapt to changes in customer demand. Multi-skilling of workers can be achieved by cross-training. Cross-training can be improved and reinforced by implementing job rotation. Lean production also prescribes using job...
Persistent link: https://www.econbiz.de/10009433927
Managers in organizations make investment decisions all the time. These decisions have an impact on the bottom-line profits and on the market penetration of the organization. Some decisions have more impact than others do and not all such decisions are evaluated for their impact. The...
Persistent link: https://www.econbiz.de/10009434000
The general practice in performance and production efficiency measurement has been to ignore additional products of most transformation processes that can be classified as âundesirable outputsâ â which are a subset of the output set. Without the inclusion of these factors, the efficiency...
Persistent link: https://www.econbiz.de/10009434057