How Productive and Efficient is your Business?

In today’s challenging business climate, being more productive and efficient will make a significant positive, financial impact. To do so you need to be able to apply the essential, forensic analysis to improve your processes and systems, eliminating waste and non-value added activities.

Benefits of improved productivity and efficiency include the opportunity to be more price competitive, saving cost, improved profit and achieving a greater ROI.

Do you have a clear understanding of the difference between more productive and being more efficient?

Putting it simply, productivity improvement would be achieved by restructuring the process so that two employees complete the work that would normally have taken three.

Improved efficiency is the three employees completing the same level of work in less time.

A key element is ensuring quality levels are not compromised in the process.

If you are in the manufacturing sector or manage teams, when was the last time you seriously undertook a review of your systems, challenged your logistics, mapped your processes, invested in equipment, training or explored more up to date methods?

Could you confidently state how productive and efficient your business is?

If not, let’s have a chat and explore identifying those opportunities you may be missing and reap the benefits!

Email michael@basicsandbeyond.co.uk or give me a call on 07762 937137