What is Operational Excellence (OpEx)? Here is Your Answer

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What is Operational Excellence (OpEx)? Here is
Your Answer

• Cornerstoneorg.com

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Business Scenario

• organizations are facing an increased need to
  align their processes towards their business
  goals and objectives.
• Efficiency is the key word when it comes to the
  alignment of processes and functions of business
  organizations to grow in todays challenging
  business environment.
• This is where Operational Excellence tools or
  OpEx tools come into the picture.
• Before delving further into how Operational
  Excellence or OpEx benefits a business
  organization, let us try to understand what is
  OpEx.

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Defination

• Operational Excellence is the process where a
  business organization emphasizes on the customer
  needs and as a means to achieve this, it
  incorporates continuous and consistent
  improvement in the processes and functions of the
  organization. This involves reducing unnecessary
  processes and resources that are a burden on the
  organization, as well as, keeping the employees
  motivated and continuously updated to meet the
  changing business needs.

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Common aspects

• Defining OpEx according to the companys business
  objectives.
• Operational efficiency
• Operational flexibility
• Fostering respect for colleagues, supervisors and
  clients
• Fostering a continuous learning environment
• Preparing to handle changes
• Reduction of operational and resource wastage and
  efficient utilization of the resources.

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Various OpEx Tools

• Lean Manufacturing or Lean Production (Lean)
• Six Sigma
• Definite Measure Analyze Improve Control (DMAIC)
• Kanban Tool
• Kaizen Approach
• Scientific Management
• 5S Methodology
• Define Measure Analyze Design and Verify (DMADV)

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• These OpEx tools help the different departments
  of a business organization to align their
  processes and functions towards a common goal
  the business objectives of the company.
• The absence of a proper OpEx strategy would lead
  to complexities as a result of lack of
  cooperation and the absence of a feeling of
  working towards a common goal among the different
  departments and this may cause the organization
  to fall apart.
• Thus, it is extremely important that businesses
  identify the right OpEx strategy for meeting
  their organizational needs and implement the
  right OpEx tools.

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Contact
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