What does "process optimization" refer to?

Process optimization refers to the act of making a workflow effective and efficient. This involves analyzing existing processes to identify areas for improvement, which can include reducing unnecessary steps, minimizing resource use, and enhancing workflow effectiveness overall. By focusing on efficiency, organizations can maximize output while minimizing costs and time. Effective and efficient workflows help ensure that resources are used optimally, leading to improved productivity and satisfaction for both employees and customers.

The concept of process optimization encompasses more than just minimizing steps or reducing time; it’s about achieving the best overall results by balancing various factors within the workflow. This holistic perspective sets it apart from definitions that may focus solely on one aspect, such as speed or simplicity.