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Measuring Operational Efficiency

oboloo Glossary

Measuring Operational Efficiency

Measuring operational efficiency is the process of evaluating how effectively an organization performs its daily processes and operations. This analysis helps organizations determine how well their resources are being utilized, identify areas for improvement, and understand the impact of any changes that are made. It can also help provide strategic insights into how various operational activities affect the bottom line. The goal is ultimately to maximize the efficiency of operations, which leads to improved customer service, better resource utilization, lower costs, and higher revenues.

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