Deutsch: Effizienz / Español: Eficiencia / Português: Eficiência / Français: Efficacité / Italiano: Efficienza /
Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result. In a more general sense, it is the ability to do things well, successfully, and without waste.
In the industrial and industry context, efficiency refers to the measure of how effectively resources, such as time, money, materials, and energy, are used to produce a desired outcome or output. The goal of efficiency is to maximize output while minimizing waste, resources, and costs.
Examples of efficiency in the industrial and industry context include:
- Energy efficiency in manufacturing and production facilities, which involves the use of advanced technologies, such as energy-saving lighting systems and energy-efficient machines, to reduce energy consumption and costs.
- Supply chain efficiency, which involves the optimization of the flow of goods and materials from suppliers to customers, through the use of technology and process improvements, to reduce waste and costs.
- Labor efficiency in production facilities, which involves the optimization of the use of labor resources to produce more output with fewer workers or in less time.
- Logistics efficiency, which involves the optimization of the flow of goods, materials, and products from the production facility to the customer, through the use of technology and process improvements, to reduce waste and costs.
- Resource efficiency, which involves the optimization of the use of natural resources, such as water, minerals, and energy, to produce more output with fewer resources or at a lower cost.
Efficiency is an important consideration in the industrial and industry sector, as it can significantly impact productivity, profitability, and sustainability. The pursuit of efficiency often involves the use of technology, innovation, and process improvement, and can lead to improved competitiveness and success in the global market.
Related Articles to the term 'Efficiency' | |
| 'Adaptability' | ■■■■■■■■■■ |
| Adaptability in the industrial context refers to the ability of organisations, systems, or workers to . . . Read More | |
| 'Certification' at environment-database.eu | ■■■■■■■■■■ |
| In the environmental context, "certification" refers to the process by which an authoritative body verifies . . . Read More | |
| 'Technology' | ■■■■■■■■■■ |
| Technology: In an industrial context, 'technology' generally refers to the application of scientific . . . Read More | |
| 'Conveyance' | ■■■■■■■■■ |
| Conveyance in the industrial context refers to the process or system of transporting materials, goods, . . . Read More | |
| 'Precision' | ■■■■■■■■■ |
| Precision: In an industrial or manufacturing context, precision refers to the degree of accuracy and . . . Read More | |
| 'Management' at environment-database.eu | ■■■■■■■■ |
| Management: In the environmental context, "management" refers to the planning, organizing, and directing . . . Read More | |
| 'Transportation' | ■■■■■■■■ |
| Transportation: In the industrial and manufacturing context, transportation plays a pivotal role in the . . . Read More | |
| 'Resource' | ■■■■■■■ |
| Resource: Español: RecursoA resource is a source or supply from which benefit is produced. Typically . . . Read More | |
| 'Waste' at maritime-glossary.com | ■■■■■■■ |
| Waste (or wastes) are unwanted or unusable materials. Waste is any substance which is discarded after . . . Read More | |
| 'Forecast' | ■■■■■■■ |
| Forecast in the industrial context refers to the process of predicting future trends, demands, or operational . . . Read More | |