PROCESS IMPROVEMENT & IMPLEMENTATION
Efficiency is by product of processes. Many businesses have great products or services only to fail because they can’t achieve efficiency. It is not always an exercise of cutting costs, reducing head count or automating. You have to be able to see around the corner and identify opportunities to reduce waste and error. It could be as simple as scheduling, maintaining appropriate par levels, centralizing purchasing, staging your production teams properly, improving communication, or managing cash flows efficiently. These are just a few examples.