Operational excellence

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Operational excellence is a goal of conducting business in a manner that improves quality, obtains higher yields, faster throughput, and less waste.

Also sometimes known as OpX, operational excellence is the state or condition of superiority in operations and execution of business processes.

Operational Excellence utilizes many business tools including Six Sigma, Footprint Rationalization and Premier Resource Management.

Having operational excellence results in predictability, repeatability. Also this should result in improvement in productivity. Operational excellence is a necessary and sufficient condition for productivity gain.