operational efficiency

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Improving operational efficiency involves identifying and addressing inefficiencies in the internal processes of an organisation. 

This can be achieved through a variety of methods, such as streamlining processes, investing in technology, training employees, optimizing the supply chain, monitoring and measuring efficiency, and continuously seeking out new ways to improve. 

By implementing these strategies, organisations can reduce costs and increase profitability by producing the same output with fewer inputs, or by increasing output while keeping inputs constant.