Scientific management is based on the work of the US engineer Frederick Winslow Taylor (1856-1915) who in his 1911 book The Principles Of Scientific Management laid down the fundamental principles of large-scale manufacturing through assembly-line factories. It emphasizes rationalization and standardization of work through division of labor, time and motion studies, work measurement, and piece-rate wages. See also Taylorism.
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If you want your company to do well in an industrial setting make sure there are people on your team good at scientific management.
If you want to make sure there are no problems when working with hazardous materials then you should have good scientific management.
My teacher had a scientific management system to make sure all the students remained safe and did what they were supposed to.