process audit JUST WRITTEN FOR YOU
/ˈprɒsɛs ˈɔːdɪt/ · pro·cess · au·dit
noun
- A thorough examination of a business process to identify areas for improvement and optimize its performance. The company conducted a process audit to streamline its manufacturing process and reduce waste.
- A review of a process to ensure compliance with regulatory requirements and industry standards. The auditor performed a process audit to verify that the company's quality control process met the necessary standards.
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Did you know? The term 'process audit' is often used interchangeably with 'process review', but the former typically implies a more formal and structured examination.