Dp 4 - Strategies Flashcards
Automated production lines
involve machinery and equipment that are arranged in a sequence, and the product is developed as it proceeds through each step
Automated production line: Efficiency
production lines can perform at speeds faster than humans, reducing the amount of time taken to produce outputs, improving productivity
Automated production line: Effectiveness
automated production lines perform tasks with a high degree of accuracy which can decrease the number of errors that occur during production, reducing errors in production can enhance overall quality of final product, which can increase customer satisfaction, sales and market share
Automated production line: +
+ Performing tasks precisely and accurately can ensure products consistently produced at a high standard -> increasing business rep
+ Removing tasks that may be tedious or dangerous to complete -> can positively impact employee morale
+ Tasks can be performed much faster than human labour
Automated production lines: -
- Develop poor reputation if it implements technology makes employees redundant
- Sudden breakdowns of automated production lines can halt production altogether and compromise productivity
- It can be expensive to repair and update automated production lines
Robotics
programmable machines that are capable of performing specified tasks
Robotics: Efficiency
robotics can perform specific tasks quickly and high levels of accuracy, reducing the amount of time and resources wasted in production, therefore resources are used more optimally -> improving productivity
Robotics: Effectiveness
robotics can perform specified tasks quickly with high levels of precision, which minimises the number of errors occurring in production, enhancing overall quality of final product -> increasing customer satisfaction, sales and market share
Robotics: +
+ Performing tasks precisely and accurately can ensure products consistently produced at a high standard -> increasing business rep
+ Removing the need for employees to complete dangerous tasks -> improve workplace safety
+ Robotic technology can complete tasks for extended periods of time, without need for breaks -> improving productivity
Robotics: -
- Develop poor reputation if it implements robotic technology makes employees redundant
- High initial setup costs associated with purchasing, programming and installing robotics
- Can be expensive to repair and update robotic technologies
Computer Aided Design
digital design software that aids the creation, modification and optimisation of a design and the design process
CAD: Efficiency
reduce time and labour needed to design a product, allowing resources to be used more optimally and productively
CAD: Effectiveness
develop various prototypes and choose the best design to produce, choosing the best option enables the business to manufacture the highest quality design -> which can increase customer sales, satisfaction and market share
CAD: +
+ Greater accuracy in product design process -> consistent levels of quality which can improve businesses reputation
+ Allows employees to generate advanced and sophisticated designs, enabling a more innovative product design process
+ CAD software can speed up the product design process as designs can be created and modified faster
CAD: -
- Develop poor reputation if it implements CAD software makes employees redundant
- High initial setup costs associated with purchasing, programming and installing CAD software
- Costly to continuously update or repair CAD software
Computer Aided Manufacturing Techniques
involve the use of software that controls and directs production processes by coordinating machinery and equipment through a computer
CAM: Efficiency
CAM does not require machinery to be manually reset by humans which reduces the amount of time and labour resources used in the production process -> improving productivity
CAM: Effectiveness
able to coordinate tasks so they are performed with a high degree of accuracy, enabling the business to achieve a consistent level of quality -> which can increase customer satisfaction, sales and market share
CAM: +
+ Improved accuracy allows for high-quality products to be consistently produced, improving the business reputation
+ Removing tasks that may be tedious or dangerous to complete -> can positively impact employee morale
+ Can speed up the manufacturing process as machinery does not have to be manually reset by humans
CAM: -
- Develop poor reputation if it implements CAM software makes employees redundant
- Sudden breakdowns can cause production to halt altogether compromising productivity
- High initial setup costs associated with purchasing and installing CAM
AI
using computerised systems to simulate human intelligence and mimic human behaviour
AI: Efficiency
AI can reduce time and labour used to complete complex tasks that would usually require human intelligence -> allowing more resources to be used more optimally and productively
AI: Effectiveness
AI can perform complex tasks, such as providing timely and high-quality customer assistance -> improving customer satisfaction levels, sales and market share
AI: +
+ Ability to provide prompt customer service 24/7 -> improve customer satisfaction/business reputation
+ AI may remove tedious tasks for employees -> improving job satisfaction
+ Perform functions much faster than humans -> productivity
AI: -
- Develop poor reputation if it implements AI makes employees redundant
- High initial setup costs associated with purchasing and installing AI
- Costly to recalibrate and maintain AI
Online Services
services that are provided via the internet
Online Services: Efficiency
remove need for employees to perform certain tasks and enable labour resources to be used more efficiently
Online Services: Effectiveness
improve convenience for customers -> increasing levels of customer satisfaction, sales and market share
Online Services: +
+ May remove tedious tasks for employees -> improving job satisfaction
+ Online services (eg bookings) can process faster than employees
+ Greater exposure to customers -> increase revenue from sales
Online Services: -
-If a business only allows access to online services, may deter customers who lack technological skills
-Process of developing own platform can be time-consuming
-High initial establishment costs
