Automation refers to the replacement of manpower with machinery to perform specific tasks. This process aims to increase efficiency, reduce costs, and improve productivity by utilizing technology to complete repetitive or labor-intensive activities. While automation can streamline operations, it also raises concerns about job displacement and the need for reskilling the workforce to adapt to these technological changes.
Manpower, Machinery, Materials & Money
Manpower money machinery methods
methods money machinery manpower management motivation
Automatic
Alex Gordon has written: 'Celtic' -- subject(s): Glasgow Celtic Football Club 'Manpower in mechanical lifting and handling equipment' 'Manpower in textile machinery'
I think the word you're looking for would be "automatic."
robotics
Automatic
A machinery replacement fund is a financial reserve set up by organizations, particularly in industries that rely heavily on equipment, to systematically save for the replacement of aging machinery. This fund allows companies to allocate a portion of their budget over time, ensuring that they have the necessary capital available when equipment needs to be replaced. By planning for these costs, organizations can avoid sudden financial burdens and maintain operational efficiency. It also promotes better budgeting and financial management practices.
The "Five M's" refers to the five factors that contribute to the success of a business: Manpower, Method, Material, Money, and Machinery. These elements are essential for effective planning and management of operations.
One of the quickest ways to increase production capacity is to add more manpower, or add more machinery. Either of these two steps will help your business increase its revenues.
MATERIAL, MARKET, MANPOWER, MACHINERY, MONEY, AND MANAGEMENT OF THE WHOLE THING