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Innovation
Impact on Functional Areas
Operations
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Created by
Lukas Skripka
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Cards (4)
Innovation in production involves the adoption of new
technologies
and processes to improve
efficiency
,
quality
, and
flexibility
How can innovation in operations lead to efficiencies or other benefits?
Automation
Supply chain
management
Product
design
How has innovation improved product design in operations?
Businesses can utilise
computer-aided design
(CAD) software to create complex
designs
and prototypes quickly and
cheaply
How has innovation implemented automation in operations?
Businesses use robots and
machines
to perform tasks that were previously done by
humans
, reducing
labour
costs and increasing
accuracy