Ways to Increase Productivity & Efficiency

Every investor and company involves in business are targeting to gain the highest return in term of profit. They are needs to draws a strategy that can increase productivity and efficiency level. High productivity and efficiency will be eliminating wastage, reduce person-hour, produces higher quality of good and product. All these will directly reducing cost.

There are several ways a business can do to improve productivity and efficiency levels.

a] Train The Workforce – Training the workforce in order to give them more skills or knowledge is clearly a cost to firms. They will often have to pay experts to train employees and will also lose the productive time of employees whilst they are training. However, this increase in cost should be more than offset in the long term by improvements in the workers productivity levels. This is because training should enable workers to work more quickly and more accurately that will produce better quality products.

b] Improve Motivation – A better-motivated workforce will work harder and take pride in their work. This should increase the speed of production and also improve the quality of products that are being produced. There are many different financial (e.g. bonuses) and non-financial ways (e.g. empowerment) for businesses to motivate their workers.

c] More Capital equipment – Investment into new, higher technological machinery can have a number of advantages.
- longer hours can be worked
- Increased speed of production (machine can perform repetitive and complicated tasks more quickly)
- Increase accuracy and therefore less wastage

d] Use better quality raw materials – This can reduce the amount of time wasted on rejected or defective products. A business should ensure they find the supplier who can supply the best quality resources, but at a competitive price and also with reliable delivery.


Conclusion

Improvement in efficiency are not that easy to obtain. For instance managers may find workers resistant to changes such as introducing new machinery or new working practices. This is because workers fear that changes will lead to redundancies. It can also take a long time for any new strategies to feed through into the form of increased efficiency. In addition, there can be a conflict between productivity and quality. Increasing productivity by its nature implies increasing the speed of production, and if managers are not careful, this can mean that workers focus solely on quantity and not the quality of their work.

Kad Pendaftaran Kenderaan Mestilah Disimpan oleh Pemilik Berdaftar

Mengikut Kaedah 8 (3) Kaedah-Kaedah Kenderaan Motor (Pendaftaran Dan Perlesenan) 1959, pemilik kenderaaan bermotor yang berdaftar hendaklah pada sepanjang masa memiliki sijil pendaftaran untuk kenderaan bermotor.

Sejajar dengan itu, pihak pembiaya (pemberi pinjaman) tidak berhak untuk menyimpannya. Oleh itu amalan semasa yang dilakukan oleh pihak pemberi biaya menyimpan kad pendaftaran kenderaan adalah salah, walaupun untuk tempoh setahun pertama selepas pembiayaan diberikan kepada pemilik berdaftar . Para pemilik kenderaan berhak untuk meminta pembiaya untuk memberikan mereka kad pendaftaran tersebut.

Doubling of Traffic Fines Is Usury

By: NAEEM TAMEEM AL-HAKIM
JEDDAH: A former Shoura Council member and leading academic has come out in support of the Fatwa, or edict, by the country’s Grand Mufti, that the doubling of traffic fines is a form of usury and should be forbidden.

This is the view of Dr. Abdul Rahman Al-Attram, a member of the teaching staff at the Faculty of Shariah at Imam Muhammad Islamic University, former member of the Shoura Council and Secretary General of the International Islamic Commission for Financing.

He said the doubling of the fines is considered usury in terms of Islamic jurisprudence. He said the ruling of the Grand Mufti is based on ‘genuine principles’ of jurisprudence.He said Islamic Shariah considers the traffic fine a debt. Therefore, doubling it over a period of time would be an accumulation of interest, which is not allowed.

He added that “This issue or matter does not concern one person but (affects) the entire Kingdom.”He said this issue should be sent back to the permanent committee for Ifta and Religious Affairs, of the Board of Senior Ulema, because it is the only body officially responsible for Ifta in the Kingdom.

He also urged all media organizations not to depend on a single jurisprudential opinion on this matter but to consider collective judgment. He said the Permanent Committee for Research is a reference body for several unresolved jurisprudential issues in the Islamic World.

He said the committee includes a group of trustworthy scholars who are capable of resolving such issues. Earlier, Sheikh Abdul Aziz Aal Al-Sheikh, the Grand Mufti and Chairman of the Board of Senior Ulema, ruled that the doubling of traffic fines is usury and was supported by Dr. Talal Bakri, a member of the Shoura Council, during a session Sunday.

But Sheikh Abdul Mohsen Al-Obeikan, the Adviser at the Royal Court, opposed the edict on the grounds that it was not based on a jurisprudential principle. Al-Obeikan was backed by Dr. Saleh Al-Sadlan, a professor of jurisprudence.

– Okaz/Saudi Gazette