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Extracting business value through operational intelligence
Insightful use of information focuses on operational intelligence as one of the key levers for uplifting operational efficiency.
The current economic conditions have drawn focus on Australia's relatively higher production and capital costs which are impacting its competitive advantage.
The report states that operational efficiencies can be gained by managing processes and resources better, automating and integrating information across the value chain as well as taking the more radical step of redesigning the operations.
Companies that enable their management to respond timely to operational variances and market volatility are better placed to minimise the adverse impacts. Tackling the following areas in a holistic manner will ensure a more sustainable business outcome.
- Operational data
- Operational intelligence
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