How to handle and taking care production & how to achieve production efficiency with low cost ?

Question

Accepted Answer

To achieve production efficiency with low cost, focus on optimizing processes, reducing waste, utilizing technology, and training employees.

Implement lean manufacturing principles to streamline production processes and reduce waste.
Invest in automation and technology to improve efficiency and reduce labor costs.
Regularly review and analyze production data to identify areas for improvement.
Provide training and development opportunities for employees to enhance skills and productivity.
Negotiate with suppliers for better pricing on raw materials and components.
Implement quality control measures to reduce defects and rework, saving time and resources.

How to handle and taking care production &amp; how to achieve production efficiency with low cost ?