Is there a difference between an effective operation and an efficient operation? These terms are often used interchangeably and are similar; yet, there is a difference between the two terms. In operations, the word effective is used to describe a process that is adequate to accomplish the intended purpose or goal. In other words, the process produces the expected result (output). Being efficient in operations, on the other hand, is performing the same or similar task in the best possible manner, keeping wasted time and effort to a minimum, which equals more money for a business. A business can have effective operations without being efficient, but being highly efficient leads to higher profits. Our Operational Management services include:

  • Supply Chain Management Review
  • Forecasting & Budgeting
  • Internal Controls Implementation
  • Pricing Strategy
  • Inventory Management Review
  • Scheduling & Transportation Modules
  • Managing for Change
  • Outsourcing Evaluation
  • Human Resource Evaluation
  • Technology Review
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