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Process bottle-neck

Question
What is a process bottle-neck and why is it important to identify? 
Answer
A process is no faster than its slowest point, often referred to as "a bottle-neck." Every process is made up of various steps and the process as a whole will be limited by the step with the lowest capacity.

Change the capacity of a bottle-neck and you change the performance of the entire process. Eliminating the bottle-neck is usually the cheapest way to increase capacity and improve profits.

Search again for “bottle-neck.” 
Brain Trust contributor: Author of Instant Profits: Making Your Business Pay
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AskJim ID: 2008