Optimize processes and reduce waste

Do you feel like you're being squeezed by the competition? You have to cut costs when there are no more places to cut? You need to turn your operations around before profits and customer satisfaction begin to suffer?
Focusing on operational efficiency can help your business work smarter: increase efficiency, reduce costs, and streamline processes. Are there concrete changes I can make to simplify and improve how my business works?

How do you identify and eliminate waste?

Operational efficiency (OE) and lean manufacturing both target waste. This means finding out where you spend resources (time, money, people, effort, etc.) on activities that do not add value to your product or service, and then eliminating those problem areas. The results are measurable, immediate and sustainable.
Typically, there are 9 main causes of waste in a business: overproduction, delays, unnecessary transportation, too much inventory, defective products, defective design, complicated processes, outdated equipment, poorly trained employees.

Enyinnaya Nnamdi
Sloane Business Management Consultants
CEO
info_sloanebizconsultants@yahoo.com
+23407026341797