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Selection of the right technology is advantageous to your business in terms of possibly increased productivities and standardization. Nevertheless, selection and accessibility to the right technology is not always the case, rather a challenge to SMEs.
Accessibility to and selection of technology
The right technology choice is the one that matches production strategy of the company. The right choice should take into account production capacity needs, associated costs of acquiring such technology, maintenance requirement and ability to learn new technology of the users in your company.
You may seek new technology through friends, self- seeking, suppliers and technology providers as well as from visiting trade fairs where new technology is often being introduced.
Quality, standard and productivity
Department of Industry defines standards of vehicles and spare parts . Other national standards are prepared by STEA.
Apart from increasing productivity through the use of advanced technology, entrepreneur can also ensure increased productivity with little costs and simple tools that mainly require people commitment and participation in the process. Increased productivity may also require changing of behavior and way of doing things in the company. Click here Productivity Increase Checklist. |