pipeline

Vocabulary Word

Definition
A 'pipeline' is typically a series of processes, stages, or projects. Like a real pipe that carries oil, a pipeline in the business or tech world 'carries' work from one step to the next.
Examples in Different Contexts
In sales, a 'pipeline' represents potential sales or deals in various stages of completion. A sales manager might state, 'Our sales pipeline looks robust for the next quarter, promising healthy growth.'
Practice Scenarios
Tech

Scenario:

Our data processing system could be faster. We should review the stages from data entry to output production.

Response:

I agree. Our data handling pipeline needs a revamp for efficiency and speed.

Business

Scenario:

We need to strategize how to increase our deal conversions. Our process from prospecting to closing seems to need improvement.

Response:

Yes, we need a strategic sales pipeline improvement to increase our deal conversions.

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