Process optimization

Process optimization refers to the systematic improvement of a process to enhance its efficiency, effectiveness, and overall performance. The goal of process optimization is to maximize outputs while minimizing inputs, costs, and waste. This can be applied across various industries, including manufacturing, healthcare, finance, and information technology. Key aspects of process optimization include: 1. **Identifying Goals**: Understanding what the organization aims to achieve through optimization, such as reducing cycle time, cutting costs, improving quality, or increasing customer satisfaction.