Friday, 15 February 2019

Business Process



"Business processes, refers to the manner in which work is organized, coordinated, and focused to produce a valuable product or service." 


Business processes are the collection of activities required to produce a product or service. These activities are supported by flows of material, information, and knowledge among the participants in business processes.
Every process has Inputs, Process (sequence of steps),outputs and cycle times. it can be depicted in the figure below


Generally every organisations have some basic functional business processes, we can list them as follows

BUSINESS PROCESS
ACTIVITIES
MANUFACTURING AND PRODUCTION
Assembling the product
Checking for quality
Producing bills of materials
SALES AND MARKETING
Identifying customers
Making customers aware of the product
Selling the product
FINANCE AND ACCOUNTING
Paying creditors
Creating financial statements
Managing cash accounts
HUMAN RESOURCES
Hiring employees
Evaluating employees job performance
Enrolling employees in benefit plans

The business process can also be based on what specific type of activity the company does
it can be customer service, inventory, fulfilment, inventory or even production. we can draw any activity a company does and make it a business process.

some of the popular business process charts is given below.