Author: Dr Giriraj Kiradoo, Associate Professor, Department of Management & Technology, Engineering College Bikaner, Bikaner, Rajasthan, India
Editor: R.A.Arul Raja
ISBN: 978-81-965302-2-8
DOI: https://doi.org/10.59646/advcivilmechc3/026
Abstract
A business’s operations include every single action it takes to provide a product or deliver a service. If your actions are not efficient, you run the danger of wasting both time and resources. The characteristic of efficient operations is reduced waste without losing quality or service, which in turn saves money. An important measure of operational efficiency is the ratio of operational profits to operational costs. When companies and investments are able to run more efficiently, everyone benefits. You may improve operational efficiency by investing in the training and well-being of your workforce, eliminating process bottlenecks, and making greater use of technology. Improving logistics and supply chains, automating tasks, making greater use of data analytics, streamlining systems and processes, reducing the frequency of errors and defects, and many more techniques are all feasible ways to increase operational efficiency. Finding out what factors affected operational efficiency was, hence, the driving force behind this study. Theoretically, the research model included the knowledge that technological, organisational, and human factors substantially influence operational efficiency. The correct outcome was achieved by collecting views using a structured questionnaire and evaluating each respondent’s ideas independently.