efficiency objective
[ɪˈfɪʃənsi əbˈdʒɛktɪv]
nounpl: efficiency objectives
🇧🇷 objetivo de eficiência
1. A specific, measurable goal aimed at improving the productivity, performance, or resource utilization of an organization, process, or system
The company set an efficiency objective to reduce production costs by 15% within the next fiscal year.
A empresa estabeleceu um objetivo de eficiência para reduzir os custos de produção em 15% no próximo ano fiscal.
2. A target designed to eliminate waste, streamline operations, or maximize output with minimal input
Our efficiency objective is to complete customer orders within 48 hours.
Nosso objetivo de eficiência é concluir pedidos de clientes dentro de 48 horas.
3. In management and strategic planning, a quantifiable aim to enhance operational performance
The department's efficiency objective includes implementing automated systems to reduce manual labor.
O objetivo de eficiência do departamento inclui implementar sistemas automatizados para reduzir o trabalho manual.
💡 The term 'efficiency objective' is widely used in corporate and organizational contexts in both the United States and Brazil, particularly in management consulting, business strategy, and industrial settings. In Brazilian companies, there is often emphasis on 'metas' (targets) and 'objetivos' (objectives) as part of formal strategic planning. The concept aligns with global management practices and lean methodology, which have gained significant prominence in both countries' corporate cultures.
Related Idioms & Phrases
hitting efficiency targets
meeting efficiency objectives
streamlining operations to meet efficiency goals
running a tight ship
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