OPEX to bring industry standardisation
Operational excellence (OPEX) is all about ensuring flexibility in the most efficient way of harmonizing people, process and product through standardisation, continuous improvements through Kaizen and creating a culture of teamwork, creativity and innovation, said TR Parasuraman, Executive Advisor-Toyota Group, Toyota Kirloskar Motor Pvt Ltd.
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Visakhapatnam Operational excellence (OPEX) is all about ensuring flexibility in the most efficient way of harmonizing people, process and product through standardisation, continuous improvements through Kaizen and creating a culture of teamwork, creativity and innovation, said TR Parasuraman, Executive Advisor-Toyota Group, Toyota Kirloskar Motor Pvt Ltd.
In the keynote address at a conclave on 'Operational Excellence in Pharma Industry: Global MNCs-Indian Stories' organised by the Confederation of Indian Industry (CII), Visakhapatnam here, Parasuraman said the road to success is under construction and sky is not the limit when it comes to operational excellence and continuous benchmarking to level up together with accelerated horizontal deployment is the key.
The OPEX must start from top and nurtured continuously through a good environment, systems and people development.
He explained that it's all about going back to basics; all employees should follow the basic rules and systems without fail. "Shop floor is our heart and it is a powerful tool for prosperity. Spending considerable time on the factory floor will help in understanding the problem. Accordingly, we can guide and direct the team in resolving the same." he stated.
Sharing his views on the significance of human resource development, he urged industry members in developing people for the future. Prepare them to become the future leaders of the business.