When a company strives to achieve operational excellence, every employee in the company can see the value flowing from the business to the customer.
It is a collaborative effort that involves cutting costs, increasing productivity, and cultivating a corporate culture to improve the quality of products and services and reach success. There are many benefits to improving operational excellence (OpEx) in packaging, and these benefits can be realized with the right tools and methods. This post will examine some of these benefits.
Advanced automation technologies can help CPGs (consumer packaged goods) increase overall equipment effectiveness, limiting variability in process streams, materials, machine setup, and utilities. Increasing overall equipment effectiveness (OEE) can help CPGs better respond to consumer demand and avoid operational losses. OpEx improves efficiency of processes needed by OEMs (original equipment manufacturer) and other manufacturers to offer industry-leading products that delight customers. By focusing on these areas, CPGs can enhance their competitive position and improve profitability.
Technology is an essential part of the process of operational excellence. Dedicated software provides tools for value stream mapping and cross-functional flow charts. Project management tools enable companies to implement appropriate methodologies. A data-analysis tool can predict future trends. This information allows companies to make more accurate decisions and achieve operational excellence faster. When a company adopts a data-driven strategy, it becomes easier to measure improvements and make better decisions. For more about operational excellence, checkout Top Ten Strategic Decision-Making Tools for Operational Excellence
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Categories: Packaging | Operational Excellence
Keywords and Tags:
#operationalexcellence #operationalexcellenceforpackagingindustry #strategicdecisionmaking #strategy #strategymanagement #decisiontools #decisionmaking #strategicplanning #challengesofdecisionmaking
It is a collaborative effort that involves cutting costs, increasing productivity, and cultivating a corporate culture to improve the quality of products and services and reach success. There are many benefits to improving operational excellence (OpEx) in packaging, and these benefits can be realized with the right tools and methods. This post will examine some of these benefits.
Advanced automation technologies can help CPGs (consumer packaged goods) increase overall equipment effectiveness, limiting variability in process streams, materials, machine setup, and utilities. Increasing overall equipment effectiveness (OEE) can help CPGs better respond to consumer demand and avoid operational losses. OpEx improves efficiency of processes needed by OEMs (original equipment manufacturer) and other manufacturers to offer industry-leading products that delight customers. By focusing on these areas, CPGs can enhance their competitive position and improve profitability.
Technology is an essential part of the process of operational excellence. Dedicated software provides tools for value stream mapping and cross-functional flow charts. Project management tools enable companies to implement appropriate methodologies. A data-analysis tool can predict future trends. This information allows companies to make more accurate decisions and achieve operational excellence faster. When a company adopts a data-driven strategy, it becomes easier to measure improvements and make better decisions. For more about operational excellence, checkout Top Ten Strategic Decision-Making Tools for Operational Excellence
Related Reading:
- Kaizen for pharmaceutical, medical device and biotech industries
- How to cut costs strategically using Kaizen
- Streamline processes and workflows with Gemba Walk.
- Top Ten Strategic Decision-Making Tools for Operational Excellence
Follow Shruti on Twitter, Facebook, YouTube, LinkedIn
Categories: Packaging | Operational Excellence
Keywords and Tags:
#operationalexcellence #operationalexcellenceforpackagingindustry #strategicdecisionmaking #strategy #strategymanagement #decisiontools #decisionmaking #strategicplanning #challengesofdecisionmaking
