Redefining productivity for inter-firm operations and supply chain
- Publisher:
- 2011 ANZAM Operation, Supply Chain and Services Symposium
- Publication Type:
- Conference Proceeding
- Citation:
- The role of operations management in delivering business performance, 2011, pp. 383 - 401
- Issue Date:
- 2011-01
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Traditionally, productivity is defined as the measure of outputs produced for any given number of inputs. This measure seeks to establish a best practice indicator relative to the allocation of resources, be it labour, capital, available technology, cost of inputs, or scale of operations and is generally applied at a firm level. Further, firm level data are then often aggregated based on geography, industry or industry sub-sector and are used largely for comparative purposes and to measure changes in productivity over time
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