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Productivity Variables Definition and Explanation PDF | Download eBooks

Learn Productivity Variables definition in supply chain management with explanation to study “What is Productivity Variables”. Study productivity variables explanation with SCM terms to review supply chain management course for online MBA programs.

Productivity Variables Definition:

Productivity Variables Explanation:

Productivity variables ensure the productivity enhancement through different factors such as labor, capital and proper management. Labor mainly comprise of workforce whether skilled, or non skilled. Productivity can be improved by improving the some key areas which are related to the labor such as social overhead, effective labor force. Capital can improve productivity by installing the latest technology in manufacturing processes. Management also play important role in improving productivity by collecting and disseminating knowledge efficiently. The management team use labors force effectively, and know how to manage capital efficiently to enhance the productivity of business.

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