Business Process Management
To start a business and have it up and running successfully, you will need to think of some realistic business management plans. The process approach is based upon (4) basic principles: 1. understanding and meeting requirements, 2. the need to consider processes in terms of added value, 3. obtaining results of process performance and effectiveness and 4. continual improvement of processes based on objective measurement (3).
An example of this may be a sheet metal cutter that uses an industry specific tool for the nesting of cut jobs and an integration would be to prepare the quote in the business management system, send the measurements of the cuts to the nesting application and then after the cut has been performed to send back materials used and off-cut details back to the core stock control and accounting system.
Once the processes are monitored through objective measurements, the organization can systematically drive … Read More...