Operational excellence (OPEX) remains a vital focus for organizations across various sectors. As a strategic imperative, OPEX enhances company processes, from modernizing systems and improving performance to reducing overheads and boosting customer loyalty. It provides essential business value, driving innovation and maintaining competitiveness in an ever-changing business environment. However, achieving and sustaining operational excellence is not without its challenges.
Today’s key challenges in operational excellence & process improvement include:
- Digital Transformation and Technology Integration
- Data Overload and Utilization
- Regulatory Compliance and ESG Standards
- Cost Management vs. Quality and Innovation
- Workforce Transformation and Skill Gaps
- Cultural Resistance to Change
- Supply Chain Disruptions and Complexity
- Customer Expectations and Experience
To address these challenges and find solutions, we are organizing the World OPEX & Process Innovation Summit in Berlin, Germany on October 10 -11, 2024. This cross-industry event will provide the perfect platform to network with the best in the industry and gain insights into the latest technologies, methodologies, and practical solutions for tackling the challenges and opportunities in today's rapidly evolving business landscape.
Here are the key themes covered in this two-day summit:
Technological Innovations That Enable Continuous Improvement
The recent years have witnessed significant technological advancements that hold great potential for enhancing efficiency, streamlining processes, and fostering continuous business improvement.
This summit will delve into how corporations like Bayer Pharmaceutical, Philips, Deutsche Bank, and Konecranes are finding applications for GenAi and optimizing existing processes by prioritizing quality data, utilizing predictive process mining, and merging process mining with process management to make OPEX more cost-effective.
Redefinition of OPEX Approaches With Workforce Transformation
OPEX involves more than merely establishing effective and efficient processes to ensure consistent output with minimal variation and waste. It also requires the integration of culture, people, resources, and systems to achieve optimal synergy.
At our upcoming summit, speakers from American Express Global Business Travel, Daikin Europe, and Nederlandse Spoorwegen will discuss how their organizations put people at the center of transformation, leverage process modeling innovations to enhance the analysis of existing processes and develop a successful process center of excellence.
Next-Gen OPEX That Transforms Business Excellence
OPEX and Process Innovation were once primarily focused on increasing speed and output. Today, businesses must not only meet consumer demands but also remain agile in the face of change and ensure operational sustainability.
This October, attendees will gain insights from practical case studies presented by Siemens Energy, Recipharm, Sanofi, Bavarian Nordic, Nokia, CSL Behring, and Mutares, showcasing transformative enhancements in OPEX.These include utilizing low-code platforms for greater adaptability, harnessing the power of intelligent business process management (iBPM) systems, and harmonizing BPM strategies with GRC frameworks to optimize OPEX practices for a stronger ESG impact.
From modernizing systems and improving performance to reducing overheads and boosting employee engagement, join us at the World OPEX & Process Innovation Summit to discover the key business value OPEX and process improvement offers.