Operational efficiency
Measurement of resource allocation
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Minerals Technologies (1) · Q4 2025 (1) · Market headwinds (1) · Sustainability (1) · Operational efficiency (1) · Product innovation (1)
📖 Key Information
In a business context, operational efficiency is a measurement of resource allocation and can be defined as the ratio between an output gained from the business and an input to run a business operation. When improving operational efficiency, the output to input ratio improves.
Inputs would typically be money (cost), people (measured either as headcount or as the number of full-time equivalents) or time/effort.
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People and organizations frequently mentioned alongside Operational efficiency:
- 🌐 Product innovation (1 shared articles)
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