Production team is the heart of any company aiming to produce goods for sell in order to make profits. Therefore, it is important if much awareness is made to them on importance of carrying out monitoring of results. The notion stands for a corrective action to be done before letting inferior goods to the market as this could lower the reputation of the company and consequently lead to loss. Monitoring of outcomes is also the key to gradual improvement of the performance of the company.
Importance of Monitoring of outcomes cannot be underrated. The routine and systematic collection of information about a product can be used to evaluate the status of the product in the market. It helps the production team be accountable to their stakeholders since they are always performing checks both corrective and preventive to bring back on track what is not being done according to the plan. It also ensures that the company’s production team continually learn more about the products they produce thus coming up with ways of increasing the quality of the product to suit the taste of its consumers. Should the team fail to do it, they face the risk of producing goods of low quality and substandard (Maredia 25).
There are no standard methods of performing monitoring outcomes as they vary according to the intervention to be done. For example, the team might want to know the performance of the item/product in terms of its consumption rate. It will, therefore, compare the orders placed to those which the company supplied. It may also be interested in the attitude of the consumers towards the product so it will collect information using questioners and interviews. Total production and supply chain costs can also be used to measure if the product is making profit or not and if not why? Lead time can also be an effective method because it will help the team know if they are making deliveries on time or not and the consequences of both (on time and not on time).These and more will help the production team know the corrective action to take to improve on the product (Afsarmanesh, Paraskakis and Camarinha-Matos 34).
Serious problems with supply partners can emerge as a result of not monitoring outcomes. If a follow up is not done, the production team may not know the problems they are facing hence will not know any corrective measure to take. Failure of information and resource sharing by the production team and the suppliers will make the product stagnate with no value being added on it. The notion applies since suppliers interact with consumers more hence they offer valuable information to the production team. Lack of trust and cooperation by the two will lead to a weak relationship between then and so the suppliers may not promote the goods they are supplying. The few problems mentioned can be avoided by continually performing monitoring results in order to foster the relationship between suppliers and production team for a company to make profits (Kusek 16).
References
Afsarmanesh, Hamideh, Iraklis Paraskakis and Luis Camarinha-Matos. Leveraging Knowledge for Innovation in Collaborative Networks. New York: Springer Science & Business Media, 2009.
Kusek, Jody Zall. Making Monitoring and Evaluation Systems Work: A Capacity Development Toolkit. World Bank Publications, 2009.
Maredia, Mywish K. Improving the proof: Evolution of and emerging trends in impact assessment methods and approaches in agricultural development. Intl Food Policy Res Inst , 2009.
