OPT: Optimize Process Time.

OPT: Optimize Process Time. 

Time and cost are 2 major inputs require for manufacturing of any product and delivery of any service. Most of the entrepreneurs are cautious of direct cost however time consumed in process gets neglected. Optimizing process time can optimize quality, cost and service. 

World-class organisation sets the time targets for each and every activity. Optimisation of time increases efficiency which results into more output in given resources thus reduction in per unit price. Competitiveness in market gets increases by reducing per unit cost. 

Reduction in time increases customer satisfaction also. He gets faster service and waiting time reduces. If the price and quality is equal a customer would like to buy a product or take service from a company, which delivers quickly. 

5 Tips to optimize process time

1. Eliminate wastage

2. Do not compromise on quality. 

3. Optimise through time and motion study. 

4. Set the time targets for each activity and each employee. 

5. Keep reviewing processes continuously.