Discover how improving operational efficiency can transform your business
Improving operational efficiency at your company opens the door to considerable advantages. For example, it can reduce operating costs at your factory, or help you better designate some of your resources. That’s why, if the exercise is conducted properly, improving operational efficiency can change your business.
Below you will discover three important tips to keep in mind if you want to learn more about the process.
Choose the right key performance indicators
If you want to improve operational efficiency at your company, it is important to be able to measure it. To accomplish this, you must choose the key performance indicators (KPI).
These indicators must:
- Be perfectly aligned with your operational objectives
- Be easily measurable and quantifiable
- Apply to an element of the business you want to have control over
Remember that the more your KPI is relevant and simple, the easier it will be for you to make it appropriate.
Integrate the notion of active supervision among your team leaders
Properly integrated by your team leaders, active supervision can have very positive results on improving your operational efficiency, primarily with the performance of your teams.
Here we speak of motivating a manager to transition from a passive attitude to an active attitude.
In concrete terms, an active supervisor:
- Must ensure that all employees continually receive the required training
- Must mobilize their resources and know how to instill positive team spirit
- Must plan, observe and measure the results of strategies implemented
This is why it is in your best interest to help your managers acquire the notion of active supervision. In addition to ensuring that daily operations run smoothly, they will become committed allies in the ongoing improvement of the business processes.
Apply the “5S” method to optimize your work environment
To improve your whole team’s operational efficiency, it is essential to offer them a properly designed work environment. That’s why the 5S methodology has proven itself over the years for such a large number of corporations. Originating in Japan, this method gets its name from the following five action words that each begin with an ‘s’: “seiri, seiton, seiso, seiketsu et shitsuke”.
In the English language, these terms can be translated as:
- Sort: arrange and keep your required work tools handy
- Set in order: Establish a storage system and put away anything that is not immediately required
- Shine: clean your workplace on a regular basis
- Standardize: set standards among your team to facilitate operations management
- Sustain: maintain everything thanks to ongoing improvement of processes and regular inspections
Properly applied, the 5S method allows you to not only improve your company’s operational efficiency, but also corporate profits.
Who is Groupe Hyperforme?
Groupe Hyperforme is a cluster that provides a global industrial outsourcing solution. Its full-service offer includes such services as industrial paint application, electromechanics, metal processing, rubber and wood transformation, composite and plastic products and automation and robotics.
Contact Groupe Hyperforme for a free, no-commitment evaluation of your project.
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