STOCK MARKET BSE NSE

Cos Urged to Blend Operational Excellence With Business Model

Published: 11th April 2014 08:42 AM  |   Last Updated: 11th April 2014 08:42 AM   |  A+A-

Indian companies and businesses would work well to integrate operational excellence into the very DNA of their style as they begin tying into the global supply chain, observed at “National Conclave on Operational Excellence” here on Thursday. The programme was organsied by the Confederation of Indian Industries.

“Operational Excellence is not just limited to manufacturing, but to the entire cycle of operations.  This is true in a service industry scenario,” said N Kumar, chairman of CII Institute of Quality.

He added that it would be prudent in India to fuse operational excellence into the company’s DNA than implementing it piecemeal.  With the country tying into the global supply chain requirements that every corporation needs, the need of the hour would be shortening product development cycles and cost reduction.  

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp