how well an industrial process, factory or business works so that it produces as much as possible from the time, money and resources that are put into it
We need to improve our efficiency if we want to become more profitable.
The efficiency of the production line increased after implementing streamlined processes.
The company's efficiency measures, such as automation and resource optimization, led to significant cost savings.
Engineers constantly seek ways to enhance the efficiency of energy production from renewable sources.
Improving the efficiency of supply chain logistics is crucial for delivering products in a timely and cost-effective manner.