The productive efficiency It occurs when the economy uses various resources efficiently, to achieve maximum production with the minimum amount of resources. Its definition is based on the Production Possibilities Frontier, where all the points of the curve represent the maximum production efficiency through the present resources.
This usually happens when the production of an inexpensive product is obtained at a lower cost, due to the production of other products. Within a balanced situation that occurs in the long term within an efficient competent market, it is when the average value is the base within the mean of the curve of the total of the values.
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In this sense, the productive efficiency it requires that the companies as a whole perform functions with best practices within the administrative and technological processes.
Once this type of procedure improves, the economy in general or the different systems businesses will be able to increase their Production Possibilities Frontier and at the same time improve their efficiency.
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In this article you will find:
Characteristics of productive efficiency
Between the main characteristics of theproductive efficiency the following may be mentioned:
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- It is a function that is expressed by means of a graph that is known as Production Possibilities Frontier (FPP), In this graph you can see the maximum level of production in certain periods of the companies.
- For this efficiency to take place, it is necessary for those responsible to apply strategies related to management, communication, personnel management, administration and planning.
- In the current business system, this function achieves the incorporation of different highly efficient management processes, as is the case of digitized processes, effective strategies, computer systems and the use of technologies updated.
- The formula used to calculate this value is directly related to productivity, profits from sales and the resources used, this means that it is a favorable reference to achieve a total productivity.
Tools that help implement productive efficiency
This type of efficiency is based on the application of production engineering, it is considered as a growth indicator that uses the least amount of resources, with the possibility of generating a greater production.
The productive activity efficiency It is made up of areas and factors that totally influence the production system. It is necessary to take into account some tools that the company allows to achieve progress in the different procedures of the company.
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Some of the tools that can be implemented to help increase the efficient productivity of the company are:
Professionals with capacity, motivation and commitment
It is important to be aware of the objectives and needs of the companies so that you can feel that you are part of Therefore, it is essential for the organization to have a qualified staff committed to its job.
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For the company to achieve this and improve its productivity, it must invest in development tools, courses and training trainings.
Improve communication
To put any tool into practice, it is important that there is good communication, either to train the group of work, describe the goals to be achieved, implement new technologies or explain about new investments in machinery and software.
Clear, fluent and direct communication is essential for success in the production process.
Clear and consistent goals
It is necessary to participate in a clear and defined way to the workers, what are the aspirations and the goals that they want to achieve. In this way, each employee will be clear about what their functions will be and how important it is to achieve the productive efficiency of the company.
Employees must know that they are essential to efficient production and that they must use their full potential so that they can achieve the results that the company wants.
Top quality infrastructure and equipment
In addition to a trained and competent work team, the company must also offer the highest quality infrastructure and equipment. This is to improve the energy and time of the participants.
In this way, they will feel committed and will look for a way to achieve the objectives proposed by the company, since have the incorporation of new machinery and updated software that generate profits for the company in the future.
Use efficient and modern technologies
Companies have a duty to use advanced technologies that help improve their production capacity. They must offer trainings, online activities and specific courses to their workers, so that they can have qualified professional employees, this will allow the company to have a positive image before the market.
The existence of the productive efficiency It can be achieved with the use of good prices of production resources and advanced technologies so that the company can make maximum productions of products with minimum resources.
