flow-optimization

Vocabulary Word

Definition

Flow-optimization is about improving the way things move or progress. It could involve speeding up a computer network, or smoothing out a process at a factory.

Examples in Different Contexts

In supply chain management, 'flow optimization' focuses on improving the efficiency of goods movement from suppliers to customers. A supply chain analyst might observe, 'Flow optimization has reduced our delivery times by 30%, significantly improving customer satisfaction.'

Practice Scenarios

Business

Scenario:

We've been facing some issues with product stock-outages recently. It would be beneficial to examine our supply chain process more closely.

Response:

Agreed, flow-optimization in our supply chain could possibly solve the outages problem.

Operations

Scenario:

I'm concerned about the production speed on our assembly line. It might be helpful to look at equipment placement and workflow processes.

Response:

Yes, investing in flow-optimization could significantly enhance our assembly line's productivity.