Process Optimization
What is process optimization?
Discover the hidden factory within your plant! This is a common
statement used to describe process optimization. The idea behind process optimization is
to modify a process as to deliver higher yield, more product or higher return from existing assets or
people.
Businesses and process managers need to work on
process optimization at various stages during manufacturing (but not limited to manufacturing).
Business process optimization can involve procurement, marketing, research and other business
functions. The best companies continue to strive for continuous process optimization exercises
throughout their existence. A company only focusing on process optimization cannot
succeed. Similarly, a company focused on acquisitions or innovative products cannot thrive
without process optimization.
Act of process optimization describes use of various methods to maximize return, cycle time,
yield, or efficiency given multiple constraints.
What tools are used for process
optimization?
Many relate process optimization directly to
use of statistical techniques to identify the optimum solution. Read More.
Where do you find inspiration for
process optimization?
A good first inspiration source in process optimization is to look for best practices in your
industry. Read More.
What are the critical steps to process
optimization?
By far, the most exciting step in process optimization is the “what if” scenario
modeling. Read More.
What tools can help with process
optimization?
Read More
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