Operational Excellence is a perspective, not just a method. It is the relentless quest of finding ways to improve a company's execution and profitability. It is finding capital and performance advances in areas that organizations don’t normally look at. It isn't just about productivity, efficiency, and standardization but also about growth, innovation, and customization. The world is more connected and fast-paced than it has ever been in the last 10 years, and the manufacturing industry needs to keep pace with rapid digitization.
According to the blog.Inresearch, 50% of manufacturers have implemented or are implementing cross-functional groups to support their operational excellence journeys.
To know the other aspects of Operational Excellence, join Group Futurista's next virtual summit 'Future of Operational Excellence' on 30th June 2021.
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