Process Efficiency Can Be Improved with Process Automation
Process efficiency can be achieved through process improvement methods that increase throughput in a cost-effective way with the same, or fewer, resources and can be part of operational efficiency initiatives.
Process efficiency can be defined as the amount of effort required to achieve a business outcome.
A business result could be anything your company produces, whether it's a product (tangible or intangible) or the delivery of a service. Most companies produce products and services. For instance, even though Apple produces electronics, it also has to service customers when there are issues. In both cases, Apple wants the processes involved to be as efficient as possible delivering these outcomes, whether it's a cutting edge laptop or a satisfied customer.
Before a process can become more efficient it must be fully understood. That means everyone involved in improving the process must understand:
Once these elements are understood and agreed on by stakeholders, strategies can begin to be formed to ensure the strengths are kept while the weaknesses are eliminated.
The benefits of improved process workflow are numerous:
To help you plan your strategy for making your processes more efficient, we've written several articles on the topic:
Process Automation contributes to process efficiency by using business rules and automated tasks to ensure process fidelity. Once a process is optimized theoretically, it must be put into practice. In some cases, this means providing standard operating procedures for each team member to follow. In other cases, it means the process is built out within a process automation platform to automate the simple, rote parts of the process and keep things moving forward.
We have a variety of resources to help you research process automation and efficiency.
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