Process management is the ensemble of activities of planning and monitoring the performance of a business process. The term usually refers to the management of business processes and manufacturing processes. Business process management (BPM) and business process reengineering are interrelated, but not identical.

Supply chain management touches major issues, including the rapid growth of multinational corporations and strategic partnerships; global expansion and sourcing; fluctuating gas prices and environmental concerns, each of these issues dramatically affects corporate strategy and bottom line

Procurement “is the process of getting the goods and/or services your company needs to fulfill its business model. Some of the tasks involved in procurement include developing standards of quality, financing purchases, negotiating price, buying goods, inventory control and disposal of waste products like packaging.

A supply chain “consists of everybody involved in getting your product … Read more

Supply Chain Management is the umbrella that covers all parts of the sourcing and acquisition of goods. It forms and manages the business-to-business interfaces that contemplate a conclusive offer of goods to purchasers. Supply Chain Management is working as effective as and generating the highest level of customer satisfaction at the lowest cost.

E-commerce short for electronic commerce, E-commerce refers to the buying and selling of goods and services or the transmitting of funds or data, over an electronic network, primarily the Internet. There are a few primary modes of e-commerce. Online retail is where an entity of goods for sale over websites. It is the coordination of … Read more