Operational efficiency refers to how well a business manages its resources and uses them to produce profits. While the best practices for maximizing operational efficiency are different for each ...

Cristian Paun is the global digital strategist at DuPont. A thought leader using AI or IoT to transform ideas into digital business models. Digital transformation is a term that is often misunderstood ...

The integration of advanced digital technologies and data-driven approaches in the laboratory provides greater efficiency and improved accuracy in scientific research. Innovative technologies are ...

Marginal efficiency of capital (MEC) is the discount rate at which the present value of the future yields from a capital asset are equal to its cost of acquisition. The idea behind computing the MEC ...