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Operational Process Efficiency

oboloo Glossary

Operational Process Efficiency

Operational Process Efficiency is a measure of how well a company’s operations are producing the desired results in relation to how much money, resources, and energy is being used. It strives for optimal use of materials, machinery, personnel, and other resources to ensure that the desired output is produced at the lowest cost possible. Companies measure their operational process efficiency to ensure business growth while reducing costs and increasing profits. When a company is achieving high efficiency, the organization runs smoothly, completing tasks faster and more accurately with fewer resources.

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