// ROBOTICS AND SMART FACTORIES TERM
Operational Excellence
Operational Excellence is a philosophy and a set of practices focused on continuously improving processes to deliver products and services more efficiently, reliably, and at a lower cost. It aims for superior performance across all operations.
TECHNICAL DEFINITION
Operational Excellence is a strategic management approach emphasizing continuous improvement across all organizational processes to achieve superior performance in efficiency, quality, cost, and delivery, often leveraging methodologies like Lean, Six Sigma, and Total Quality Management.
BACKGROUND
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products, or distributed via the tertiary sector to end users and consumers.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- OpEx
- Business process optimization
- Performance excellence
- Continuous improvement culture
USAGE NOTE
Achieving operational excellence requires a commitment to continuous learning and employee empowerment.
DEVELOPERS
Organizations developing technology related to Operational Excellence.
Develops the Digital Enterprise Suite, an integrated portfolio of software and automation hardware that creates a digital twin of the entire value chain, enabling manufacturers to optimize processes, improve flexibility, and enhance efficiency.
Provides industrial automation and digital transformation solutions. Their FactoryTalk software suite connects control and information systems, enabling manufacturers to monitor, analyze, and optimize production for operational excellence.
Offers the 3DEXPERIENCE platform, which includes DELMIA applications for modeling, simulating, and optimizing global industrial operations. It helps manufacturers improve efficiency, quality, and supply chain visibility.
Develops enterprise software, including the SAP Digital Manufacturing Cloud, which integrates shop floor operations with business systems. It provides real-time data and analytics to improve production performance and operational control.
Provides an Execution Management System that uses process mining technology to visualize business processes, identify inefficiencies, and trigger automated actions. It is used in manufacturing to optimize production and supply chain operations.
Develops the ThingWorx Industrial IoT platform and Vuforia augmented reality solutions. These technologies enable companies to connect and analyze machine data for predictive maintenance and empower frontline workers with digital work instructions, improving operational uptime and quality.
Offers a frontline operations platform that allows manufacturers to create no-code applications for shop floor workers. It connects people, machines, and systems to track production, guide processes, and collect real-time data for continuous improvement.
A global leader in industrial software for engineering and operations. AVEVA's solutions, including Manufacturing Execution System (MES) and Asset Performance Management (APM), enable companies to optimize production, reduce downtime, and manage assets effectively across the entire lifecycle.