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  2. Business process - Wikipedia

    en.wikipedia.org/wiki/Business_process

    A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels ...

  3. Business process orientation - Wikipedia

    en.wikipedia.org/wiki/Business_process_orientation

    Business process orientation has also led to successes when applied to medium and small scale business that is properly setup. Process orientation, and its relationship to improved cross-functional interaction, was introduced almost fifteen years ago by Michael Porter. He introduced the concept of interoperability across the value chain as a ...

  4. Business process management - Wikipedia

    en.wikipedia.org/wiki/Business_process_management

    The Workflow Management Coalition, [6] BPM.com [7] and several other sources [8] use the following definition: Business process management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the ...

  5. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    Definition 30,000 foot view Program management view 50,000 foot view Highest management overview Bandwidth Availability [1] Benchmark Measuring against Best practice Tried and tested methodology/process Blue sky thinking Idealistic or visionary ideas, not always with practical application (source: BBC) Bottleneck Where a process is held up Cascade

  6. Process-based management - Wikipedia

    en.wikipedia.org/wiki/Process-based_management

    Process-based management is a management approach that views a business as a collection of processes, managed to achieve a desired result. [1] Processes are managed and improved by the organisation for the purpose of achieving its vision , mission and core values.

  7. Glossary of project management - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_project_management

    Process management is the ensemble of activities of planning and monitoring the performance of a process, especially in the sense of business process, often confused with reengineering. Product breakdown structure (PBS) in project management is an exhaustive, hierarchical tree structure of components that make up an item, arranged in whole-part ...

  8. Sales and operations planning - Wikipedia

    en.wikipedia.org/wiki/Sales_and_operations_planning

    APICS defines S&OP as the "function of setting the overall level of manufacturing output (production plan) and other activities to best satisfy the current planned levels of sales (sales plan and/or forecasts), while meeting general business objectives of profitability, productivity, competitive customer lead times, etc., as expressed in the ...

  9. Business management tools - Wikipedia

    en.wikipedia.org/wiki/Business_management_tools

    For example: planning tools, process tools, records tools, employee related tools, decision making tools, control tools, etc. A classification by function would consider these general aspects: Tools used for data input and validation in any department. Tools used for controlling and improving business processes.