Sourcing and Procurement
Glossary
Your trusted guide to exploring sourcing and procurement terms & definitions,
from the world’s leading procurement experts and companies
Process Assessment Tool
A tool used to collate essential process information.
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Process Definition Document
Captures the flow of the as-is business process, step by step.
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Process Maps
Business process mapping refers to activities involved in defining what a business entity does, who is responsible, to what standard a business process should be completed, and how the success of a business process can be determined. The main purpose behind business process mapping is to assist organizations in becoming more efficient. A clear and detailed business process map or diagram allows individuals to determine whether or not improvements can be made to the current process.
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Process Mining
A process analysis method that aims to discover, monitor and improve real processes by extracting knowledge easily from event logs in the systems of current information of an organization.
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Process Taxonomy
An analysis technique in which a process is scored for potential efficiency gains which are marked alongside likely development complexity.
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Process Assessment
Specific assessment of quantitative and qualitative factors influencing the propensity of each process for automation.
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Process Automation Journey
The high level plan to deliver an IPA program.
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Process Discovery
Provides a high-level visual guide to where the likeliest opportunities will be found.
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Process Metric
Measurement of the success of a process. Output-based metrics are typically process metrics.
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Process Modelling
The diagrammatic representation of a business process.
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