Question

What is the factor that determines if we need to pause fulfillment, procurement or production and start another process?

Answer 1

There are a lot of factors that affect the Business Process and methods that lead to starting another process. Converting raw material into a useful product is the process. The Sucess of a business depends upon the time to time improving the quality of the product and service process. That helps to attract the customer and maintain the stability of the business. Nowadays there is a need for continuous improvement and the development of the product that helps to grow the business organizations into the meaningful enterprise.

Factors: Pause fulfillment, procurement, or production, and start another process.

Buiness needs to stop the old methods and techniques for adopting the new methods and processes for development. There are various factor which forces to adopting another process and pause the existing fulfillment, procurement, or productions.

1. Technology and Innovation: Technology and innovation is the major reason for adopting another process and leave the exiting system. Example: Customers Visit Bank for the transactions and now Bank transaction process at home through mobile and computer.

2. Competitor Policy and Strategies: Competitors Policy is the major factor that affects the current system of the business and forces to adopt another process to remain competitive in the market. Example: Online Service provides by the Competitors.

3. Government Regulations: Government Policy and regulation also force the business to adopt another process, and stop the existing system. Example: Government Restriction on Plastic Packaging.

4. Customer Taste and Preference: Business adopts another process to motivate the customer and attract the market share. Example: Providing Home Delivery to customers.

5. Economic Factor: Businesses adopt another process to reduce the cost of the product because it is difficult for the business to increase sales due to high competition. Example: Adopting Plastic parts in Motor Car to reduce the cost.

In short, we conclude that Businesses need to observe their process and production system from time to time for ready for the new challenges and adoption quickly.

All the very best, take care