In: Economics
Link the following steps logically based on business processes, assuming the company does not have any inventory right now. You may use the same words several times. Also, you may connect one word to several words.
E.g.
Availability Check, Completion Confirmation, Demand Management, Goods Issue,
Goods Receipt, History of sales, Invoice Receipt, Invoice, MPS, MRP, Order Settlement,
Outbound Delivery, Packing, Payment Receipt, Payment, Picking, Planned Order,
Production Order, Purchase Order, Purchase Requisition, Reservation, Sales Order,
SOP, Transportation
Basic Steps of Business Process Implementation :-
Step 1: Define Your Goals
At this stage, you will first define the basic purpose of the
process as well as the reasons for creating it.
Step 2: Plan and Map Your Process
Here you ruminate on effective strategies you can adopt to achieve
the set goals
Step 3: Set Actions and Assign People that will handle
it
Who are the best individuals to handle the tasks? What are the
machines they will need to execute the plan? These and more are
what you will make decisions about here
Step 4: Test the Process
The goal here is to first scrutinize the process at a low-key level
and see how it faired.
Step 5: Implement the Process
If you are convinced with the results you get after testing the
process, then it is time to run it on a global level. At this
stage, you must communicate properly with all those who will be
handling the tasks and you will also need to train them for better
results.
Step 6: Monitor the Results
Try reviewing the process and check for any threats it may later
bring, and find a way to mitigate the risk.
Step 7: Repeat
If you were able to achieve the set goals with the process,
continue to replicate it and always track its effectiveness and
progress along the line
EXAMPLE -
STEP- 1 |
Availability Check, Completion Confirmation, Demand Management, Goods Issue, |
STEP- 2 |
Production Order, Purchase Order, Purchase Requisition, Reservation, Sales Order, |
STEP -3 |
Goods Receipt, History of sales, Invoice Receipt, Invoice, MPS, MRP, Order Settlement, |
STEP -4 |
Outbound Delivery, Packing, Payment Receipt, Payment, Picking,
Planned Order, |
STEP-5 |
SOP, Transportation |