Operational Techniques
Operational techniques refer to the methods and processes used to manage and optimize the performance of an organization. These techniques can include strategies for improving efficiency, reducing costs, and enhancing productivity. Common examples are lean management, Six Sigma, and just-in-time inventory systems, which help streamline operations and minimize waste.
In addition to these strategies, operational techniques also involve the use of technology and data analysis to inform decision-making. Tools such as enterprise resource planning (ERP) systems and business intelligence software enable organizations to monitor performance metrics and make adjustments as needed, ensuring that operations run smoothly and effectively.