What are the common pitfalls that stakeholders must overcome to run a smooth and efficient operation in Production and Operation Management?
Expert Answer
Some of the pitfalls are poorly planned cost reduction, where cost reduction in one section, leads to unplanned cost rise in another section, leading to overall cost increase or some loss in production. This also include cost reduction, in inventory management, Production, Packaging and supply chain, where when thinks are not thought with an foresight and with a overall view, it might hamper the basic purpose of it. And the second important factors is the materials
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