It Operations Glossary

adjective relating to the functioning or management of an organization or system

• The company's operational efficiency has greatly improved since implementing new software.
• The team is working hard to make sure everything is up and running smoothly.
• We've got all systems go and ready to roll.
• The gears of the organization are turning smoothly, making it highly operational.

noun Opex refers to operating expenses, which are the costs associated with running a business on a day-to-day basis. These expenses include things like rent, utilities, salaries, and supplies.

• The company is looking for ways to optimize opex to improve profitability.
• We need to cut down on opex if we want to save more money.
• Let's find some shortcuts to reduce opex and increase our bottom line.
• Managing opex is like navigating a maze - you have to find the most efficient path to reach your goal.