Meaning ● Process Optimization, in the context of Small and Medium-sized Businesses (SMBs), specifically addresses streamlining operational activities to enhance efficiency, reduce costs, and improve overall performance. ● This involves analyzing current workflows, identifying bottlenecks, and implementing improvements, which often includes automation technologies and strategic realignment. It is a critical element for SMB growth because efficient processes directly impact profitability and scalability. Strategic implementation focuses on ensuring process changes are aligned with overall business objectives, yielding measurable improvements and a competitive advantage. Process Optimization is central to enabling SMBs to handle increasing workloads without proportionately increasing resources, ultimately fostering sustainable growth.
