The operational efficiency. What we all want

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Operate efficiently is the desire that every entrepreneur aspires for your organization, reach this category is sometimes a headache, due to various factors that may affect it. Although there are different definitions of efficiency, in any case the purpose is to achieve the effect you want using the best means possible.

Notwithstanding the foregoing, this definition seems still somewhat ambiguous and employers need a practical tool that will enable
a high degree of accuracy, ensuring that business operations are conducted strictly using the resources (costs) required.. Expressed as soon leads to the need to establish benchmarks that bring the action to be taken by the company's operations, taking into account the technology installed, so that these operations are implemented efficiently. To achieve this purpose can make use of three elements of comparison:

  • Comparisons of results with the budget period for that phase, the indicators revenues, costs, expenses and profits.
  • Similar comparison but for a similar period before.
  • Comparing the results of activities carried out by the company with others in the same sector.

Here is an example that allows a better understanding of what the efficiency of operations. This is a retail institution that sells food and beverages, works 365 days a year on rotating schedule that runs from 10:00 am at 12:00 at night..

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