Your manufacturing business continually strives to maintain profitability, stay ahead of the competition, and keep pace with technological changes. In addition, achieving and maintaining operational excellence is a significant goal of your company's success. Undoubtedly, this has proven to be a challenge amid a global pandemic as supply chain delays, increased costs, and staffing shortages persist.
Given the current environment, how can your company begin the journey to operational excellence?
Before discussing the ideas to help transform your operations, let's take a closer look at what defines operational excellence.
Operational excellence carries a few connotations, depending on the goals of your business. When striving to achieve operational excellence, it's essential to define the concept for your organization's needs.
In general, operational excellence is focused on reducing risk, complexity, and cost while improving safety, sustainability, and productivity. However, it requires a framework of people, processes, and technology to succeed. Finding the right balance amongst the three elements is critical to efficiency.
In the manufacturing sector, the road to operational excellence includes goals of producing high-quality products, forming and maintaining trusted work relationships, reducing costs, and future expansion.
Transforming your company's operations is not a process done overnight. It requires an understanding of the company's current drivers before mapping out how to improve them. Establishing a team to set goals and desired outcomes with an organizational transformation plan will increase the chances of success. The inclusion of key stakeholders is important to this process.
The following questions are addressed in the process model:
While there are several ways your business can address the above questions, here are three ideas that can apply:
Today's businesses are under mounting pressure to control costs and meet customer expectations while staying a step ahead of the competition. For this reason, transforming operations to work towards the goal of operational excellence is more crucial than ever. Including the people, processes, and technology in the transformation plan increases the chances for a successful outcome. MetaExperts is global network of Operational Excellence (OpEx) deployment experts and resources for flexible, on-demand short-term contract or contract-to-hire needs. MetaExperts align with your industry and OpEx initiatives and are thoroughly vetted through our unique 300+ Screening and Evaluation Process and aligned to your organization using a 47+ alignment process to ensure you get the right talent to solve your specific situation. To learn more, visit https://MetaExperts.com
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