Glossary > Operational excellence (OpEx)
Operational excellence, or OpEx for short, is a holistic, strategic management approach. It describes the ability of companies to continuously review and optimize core processes along the value chain in terms of effectiveness and efficiency.
Operational excellence aims for perfectly optimized processes - in other words, for everything to run as smoothly as possible. It is not surprising that such excellent processes bring with them a range of benefits. These include
improving company performance and ensuring long-term competitiveness
increasing efficiency through optimal use of resources and faster, leaner and more cost-effective processes
quality improvements thanks to binding standards and continuous improvement processes
Increased customer satisfaction and customer loyalty
higher profitability by avoiding waste and improving profit margins
greater flexibility and adaptability to market and environmental changes the promotion of employee satisfaction and commitment
Increase efficiency: faster, leaner processes reduce costs and increase productivity
Ensuring quality: standards and CIP ensure reliable results
Strengthening competition: more flexibility, satisfied customers and robust processes secure market position
Operational excellence is the goal of your optimization processes. On the way there, you have numerous tools at your disposal with which you can optimize processes and procedures. Depending on the suitability for your company, you can combine the following management methods, for example:
Six Sigma
Total Quality Management (TQM)
Total Productive Maintenance (TPM)
Agile methods
Support through digital tools
Which methods are suitable for your company depends largely on your company's requirements. The selected methods must be suitable for
Your industry
the products and services you offer
the size of your company
your corporate strategy
diverse methods from Lean and Six Sigma through TQM and TPM to digital tools
Individual selection depending on industry, size, strategy and offer
suitable tools lead efficiently to operational excellence
Your current processes are the starting point for your targeted optimization measures. Analyze them and identify specific optimization potential.
Where should your OpEx journey take you? Sure, to optimal processes. But how will you know if you have reached your goal? Define clear KPIs (key performance indicators) - preferably according to the SMART principle. This states what the KPI must be:
Specific
Measurable
Attractive
Relevant
Terminable
The key performance indicators that emerge in the end naturally depend on your company and the individual conditions.
You now know your situation and where you want to go. Now it's time to define how you will get there. Develop an action plan that
defines the time frames for each section or step
defines clear responsibilities
ensures that employees are involved right from the start
And since we're talking about your employees: train them in all fundamental changes and use established methods such as the ADKAR model. It consists of the following phases:
Awareness: This is where you create an awareness of the need for change.
Desire: Awaken the motivation of your employees to participate in the change.
Knowledge: Provide the know-how required for successful implementation.
Ability: Promote the ability to implement the changes.
Reinforcement: Establish measures to anchor the change in the long term.
Analyze current status, evaluate processes, identify potential
Set clear, measurable KPIs as targets according to the SMART principle
Plan time frame, responsibilities and employee involvement
Training employees: systematically promoting willingness to change and implementation skills
Operational excellence aims to sustainably strengthen the corporate culture and increase the efficiency of operational processes.
To this end, you will identify and leverage optimization potential along the entire value chain as part of OpEx.
Your path to operational excellence inevitably leads you past the manual processes in your production hall. There is guaranteed to be optimization potential lying dormant here, which you can leverage efficiently with a connected worker platform such as weasl.
Find out what weasl can do for your company and get our detailed product flyer.