Definition
Production processes are the focal point of operational performance and thus the core of a company's value creation. A production process in the narrower sense is a standardized manufacturing method used in an industrial company to produce an economically usable good through the mechanical and/or manual processing of raw materials or intermediate products. Production processes are closely related to other functions of a company such as research and development, management or service. Production processes are particularly closely linked with logistical processes that serve procurement, material flow and distribution.