In today's marketplace, increased globalization, technological advances and other competitive pressures are compelling organizations to raise their performance bar. As a result, Operational Excellence (OE) is high on the priority list of many companies. Yet, despite this pressure, finding ways to actually enable operational excellence remains a challenge.
Operational excellence is a management philosophy to establish a culture of continual improvement of business practices; resulting in sharper customer focus, more value at lower costs, reduced waste, faster response times, better quality products, improved profitability and business growth. OE stresses the need to promote stronger teamwork and problem solving ability, keeping in view the entire spectrum of processes in engineering, manufacturing, quality, supply chain, sales, HR and administrative processes to achieve higher operating efficiency and flexibility across the entire organization. Best results are achieved by adopting a holistic approach including interfaces with partners and suppliers.
A relatively well-known approach for achieving operational excellence is through Lean Six Sigma (LSS)-Lean strives for improvement based on the fundamental idea that irrationality, inconsistency and waste can be eliminated or reduced significantly. Many successful companies have used LSS as an important element of their business strategy. The right operations strategy, if focused not just on efficiency but also on growth, can serve as a foundation for operational excellence throughout an organization and create an environment that institutionalizes learning and innovation.
We are operational excellence specialists who create value for our clients through a commonsense approach to Operational Management. Our approach is influenced by Toyota production system which is an epitome of Operational Excellence. We have demonstrated in our engagements that significant savings can indeed be achieved in the bottom line through a consistent focus on using commonsense methodology. We invite you to talk to us and experience our hands-on approach.