OPEX
Operational excellence (OPEX) is a business management philosophy that aims to make an organization's processes more efficient. Its ultimate goal is to ensure customers' expectations are met while the company's operations are continually improving, at the same time minimizing waste and costs.
The purpose of achieving operational excellence is for a business to operate as efficiently as possible, with full visibility across departments and a company culture that supports continuous improvement and process changes.
Operational excellence is often associated with productivity, customer satisfaction, employee engagement and overall business performance. Check out the resources below for insights and examples of operational excellence.
OpenAI closes in on historic $40 billion funding round as the generative AI bubble refuses to burst
March 27 by Michael HillAs OpenAI closes in on a colossal funding round, read how generative AI is continuing to transform process excellence
8 ways to achieve business transformation
March 27 by Amelia BrandDiscover 8 essential steps to drive effective business transformation, from strategy to execution
The Great Recalibration: How enterprises are redefining success with process mining & intelligence
March 26 by Marlon DumasProcess mining and process intelligence provide the tools to optimize operations, enhance decision-making and drive success
Turkish Airlines, Premier Mortgage Resources & Lightship boost OPEX strategies
March 21 by Michael HillTurkish Airlines, Premier Mortgage Resources and Lightship all bolster operational excellence to drive business value and growth
BAE Systems streamlines source-to-pay processes to bolster operational excellence
March 20 by Michael HillBAE Systems is consolidating disparate supplier management and procurement systems into a single platform
The future of OPEX: How digital transformation is changing process improvement
March 17 by Nikhil PalAI, the internet of things and robotic process automation are reshaping how businesses approach operational excellence
Armlogi Holding Corp. expands workforce to enhance OPEX
March 14 by Michael HillCatalina Snacks appoints Elias Aoukar to strengthen OPEX and Koch Inc.’s Jenny Strange discusses the importance of agility and principle entrepreneurship
How agility & principle entrepreneurship drive OPEX at Koch Inc
March 12 by Amelia BrandJenny Strange discusses business transformation, agility and innovation at Koch Industries
Oklahoma saves $10 million with process intelligence
March 10 by Michael HillState of Oklahoma unlocks more than $10 million in value by leveraging process intelligence
OPEX takes center stage at US Army Reserve workshop
March 07 by Michael HillThe 311th Expeditionary Sustainment Command (ESC) held a workshop to discuss improving OPEX and streamlining supply chain management
Do it Best hires process excellence veteran Scott Morrison to lead OPEX initiative
March 06 by Michael HillDo it Best appoints experienced process optimization leader Scott Morrison as member operational excellence (OPEX) manager
PEX Network’s guide to business sustainability
April 23 by Process Excellence NetworkExplore the importance, opportunities and challenges of business sustainability