Operational Efficiency
Glossary Page
Operational efficiency refers to the ability of an organization to optimize its operations and resources in order to achieve maximum productivity and cost-effectiveness. It involves streamlining processes, eliminating wasteful activities, improving workflow, and leveraging technology and automation to enhance efficiency. Operational efficiency aims to minimize resource utilization, reduce errors and delays, and deliver products or services in a timely and efficient manner.
https://www.techtarget.com/searchbusinessanalytics/definition/operational-efficiency
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