Strategy + Execution = IMPACT
Operations Optimization is the process of ensuring that your operations are performing as efficient and effective as possible. Typically the goal is to minimize your current costs and maximize your operational capabilities.
What Are Some of the Steps Involved in Operations Optimization?
- Discovering the problem that might be affecting current processes.
- Figuring out which of your current assets can help solve the problem.
- Applying the suggested changes to the issue.
- Observing and checking the results of the changes that were implemented
When Is the Right Time to Implement It?
Is Business Process Optimization the Same Thing as Operations Optimization?
Yes, Business Process Optimization, or BPO, is another way of describing Operations Optimization. Both words mean the same thing but are sometimes used interchangeably.
Have You Ever Examined Your Processes?
Here are five reasons you might want to consider taking a close look at Operations Optimization.
1. It Yields Quality Results
With refined processes comes improved quality of work. A careful process can mitigate costly errors and ensure results for your customers and clients. Consistency is key for optimization in the workplace, and building a defined set of process management solutions is the way to get it.
2. It’s Efficient
Efficiency is the natural outcome of an optimized process, seeing as part of the process is to get rid of inefficiencies where they’re spotted and finding ways to be more productive in the long run. An effective system can keep track of resources and monitor ROI (Return on Investment).
3. It Assures Compliance
Industry regulations and state/federal laws are constantly changing—and not complying with them can have disastrous implications for your business. The
optimization of a business’s processes can and should include assisting businesses in complying with regulations.
4. It Tracks Employee Performance
Instituting automated and optimized processes can ensure that monitoring is easier and faster for upper management to obtain. These tools can increase accountability throughout your business. After all, an automated system can drastically reduce risk from human error and other loss. The improved monitoring capability can also keep upper management informed so they can make decisions in the moment—when it counts.
5. It Ensures Accurate Information
Updated processes lead to updated information. With a clear-cut flow between departments, communication improves, resulting in employees who are armed with enough information to do their jobs well.
Atherton & Associates provides a personalized Operations Optimization Project Plan that includes an Executive Summary comprised of schedules and deadlines. We also provide product-process matrices to identify how a product or product family moves through the process and creates a spaghetti diagram.
These diagrams are a visual representation that uses a continuous flow line to trace the path of an item or activity through a process and enables process teams
to identify redundancies in workflow and opportunities to expedite process flow.
Make your business more efficient.
Trust Atherton & Associates, LLP with your Operations Optimization needs.