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What is business process improvement?
Yahoo Finance· 2025-11-26 10:00
Business process improvement (BPI) involves analyzing and improving existing business processes to boost the company's efficiency, effectiveness, and adaptability. BPI is becoming more important as margins shrink, industries become more competitive, and consumers expect more from the companies they buy from. Companies of all sizes have implemented BPI practices in recent years. For example, clothing company Zara has invested heavily in improving its supply chain, focusing on agility and speed instead of r ...