Productivity with ERP Software
Productivity is the ratio between the output volume and the volume of inputs. In other words, it measures how efficiently production inputs, such as labor and capital, are being used in an economy to produce a given level of output. It is a criterion to achieve the highest possible outcome from a resource. If two different product lines use the same number of resources but one of them gets more outcome, that means the one that produces more is more productive.
In today’s world, productivity is one of the most important elements to get ahead of your competitors. Deciding the productivity criteria and measuring it is very important for a company to see how efficient and productive they are.
Extreme Business Solutions’ productivity management system helps you analyze the data from the production field by comparing it with standard time. Lost time and interruptions will be recorded so you and the managing staff can easily understand the problematic processes and intervene or fix them.