Industrial performance management refers to all the efforts and strategies deployed to improve the efficiency, productivity and profitability of industrial operations. It aims to optimize processes, reduce costs, improve quality, increase flexibility and minimize waste in a production environment. Industrial performance aims to optimize companies' operational functions by following an Industry 4.0 model, among other things. If this objective is achieved we can then speak of operational excellence. The aim is to reduce production costs as far as possible, mainly through the use of agile methods. These are exploited in such a way as to enable the company implementing them to move closer to hyper-customization of its production cycles. These are tailored to the precise needs of markets, customers and even individual orders.
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