Operational Efficiency

Operational efficiency is the capability of an enterprise to deliver products or services to its customers in the most cost-effective manner possible while still ensuring the high quality of its products, service and support.

Operational efficiency is often achieved by streamlining a company’s core processes in order to more effectively respond to continually changing market forces in a cost-effective manner.

In order to attain operational efficiency a company needs to minimize redundancy and waste while leveraging the resources that contribute most to its success and utilizing the best of its workforce, technology and business processes. The reduced internal costs that result from operational efficiency enable a company to achieve higher profit margins or be more successful in highly competitive markets.

Vangie Beal
Vangie Beal
Vangie Beal is a freelance business and technology writer covering Internet technologies and online business since the late '90s.

Top Articles

List of Windows Operating System Versions & History [In Order]

The Windows operating system (Windows OS) refers to a family of operating systems developed by Microsoft Corporation. We look at the history of Windows...

How to Create a Website Shortcut on Your Desktop

Website Shortcut on Your Desktop reviewed by Web Webster   This Webopedia guide will show you how to create a website shortcut on your desktop using...

What are the Five Generations of Computers? (1st to 5th)

Reviewed by Web Webster Each generation of computer has brought significant advances in speed and power to computing tasks. Learn about each of the...

Hotmail [Outlook] Email Accounts

Launched in 1996, Hotmail was one of the first public webmail services that could be accessed from any web browser. At its peak in...

HighLevel CRM

HighLevel is a sales and marketing customer relationship management (CRM) solution designed by...

Unified Endpoint Management (UEM)

As enterprise networks become increasingly distributed with growing numbers of remote workers, unified...

Decision Intelligence

Decision intelligence combines business intelligence (BI) and artificial intelligence (AI) models to improve...