Lean Management
A methodology that focuses on minimizing waste and maximizing value in business processes.
183 topics found for
“efficiency optimization”
Product Consolidation
The process of combining multiple products or product lines into a single offering to streamline operations and reduce complexity.
Law of Diminishing Returns
A principle stating that as investment in a single area increases, the rate of return on that investment eventually decreases.
v12n
Numeronym for the word "Virtualization" (V + 12 letters + N), creating virtual versions of physical resources, such as servers, storage devices, or networks, to improve efficiency and scalability.
Moneyball
The practice of using data analytics and metrics to make informed decisions, focusing on measurable outcomes and efficiency rather than intuition or traditional methods.
CPOO
Cost Per Objective Option (CPOO) is a metric used to measure the cost efficiency of different marketing options based on achieving specific objectives.
Staffing Ratio
A strategy used to determine the proportion of various SMEs needed to support a pipeline of work.
Interaction Cost
The effort required for users to complete a task or interaction within a system.
Knolling
The process of arranging related objects in parallel or at 90-degree angles for visual organization and efficiency.