Product Suite

Supply Chain Glossary - P

Supply Chain Glossary - P

process flexibility

The speed and ease with which the manufacturing transformation tasks can respond to internal or external changes.

A procedure to evaluate the effectiveness of a sequence of business activities. The analysis determines which elements of the flow are value added and eliminates those that are not, determines which parts of the process can be automated, evaluates activities as to whether they contribute to the core competencies of the business or are candidates for outsourcing, and designs a structure for the activities of the process that remain to improve productivity.


Test Country