Contributed by: Steve Waszak | VP Operational Excellence, Greene Group Industries
Our 2020 Global OpEx Trends Report includes a new section called Profiles in OpEx. These profiles feature real-world insights and best practices on utilizing Operational Excellence from industry professionals. An excerpt of this article appears in our report.
In the end, our focus is on gaining competitive advantage. We are a company with three operations in the U.S. that compete strongly when it comes to quality, service, engineering and location. The challenge arises when we are competing with low-cost regions on piece part price.
Given this reality, it is important to be able to quickly pivot and evolve to meet customer needs and expectations. With the challenges of global price competition, one motivation for achieving Operational Excellence is to make sure that every aspect of our business gives us a competitive advantage.
Since we are not in a low-cost country, we have to continuously figure out how to be price competitive in the U.S. Our company is very big on manufacturing in the USA (for a number of reasons), so that means we need to work smarter and smarter, faster and faster. This requires a focus on Operational Excellence.
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