Step 1: Concept
Techniques of Scientific Management by F.W. Taylor.
Step 2: Meaning
F.W. Taylor introduced scientific techniques to eliminate inefficiency, guesswork, and waste, aiming to optimize every single aspect of the production process.
Step 3: Analysis
• Method Study: The main objective of method study is to find out "one best way" of doing a job. It involves studying the entire process logically—from the procurement of raw materials till the final product is delivered to the customer. This helps in minimizing the cost of production while maximizing quality and consumer satisfaction.
• Standardisation and Simplification of work:
itemize
• Standardisation refers to the process of setting specific benchmarks or standards for every business activity (processes, raw materials, time, product, machinery).
• Simplification aims at eliminating unnecessary diversities, sizes, types, and grades of the product. This directly saves the cost of labor, machines, and tools by streamlining the product line.
itemize
Step 4: Conclusion
These techniques systematically replace intuitive management with standardized efficiency and streamlined operations.
Final Answer: 1. Method Study, 2. Standardisation and Simplification as explained above.