Examining your business processes to ensure that they are efficient will help you get a competitive edge. The faster your machines are able to produce products, the faster consumers will have them; this gives the business a competitive advantage.
By eliminating waste, redundancy, and friction in the process of moving information, information economy business gain competitive advantage over their competitors.
Competitive analysis is the process of assessing and analyzing the comparative strengths and weaknesses of competitors; may include their current and potential product and service development and marketing strategies.
Recruitment and selection is the process of outfitting an organization with the right people. When the human resource department focuses on attracting and retaining people who have the skills necessary to carry out the strategic objectives of the organization, then the organization will have a competitive advantage over their competition.
MRP creates recommendation for purchase orders and production orders based on some inputs such as Purchase Orders, Sales Orders, Inventory Status, Forecast, Bill of Material, Lead time, Minimum Order quantity, Parent dependent requirement, Parent Production Order, etc.
The strategic management process is a method by which managers conceive of and implement a strategy that can lead to a sustainable competitive advantage. There are five parts to it.
Strategic formulation is the process of creating a strategy for a business. A strategy is a competitive position a business will take to compete in the industry.
I would send an email directly to the different BPM vendors (Business Process Management). They usually have good whitepapers on process management analysis
Funds Management
Funds Management
REIMBURSABLES
A strategy is an organizations plan to achieve its mission - which is the purpose for the organizations existence. The development process involves three conceptual ways in which firms achieve their missions: * Differentiation * Cost Leadership * Response Effective strategies are also developed through proper evaluation of a S.W.O.T. analysis to gain competitive advantage
Strategic analysis is "the process of developing strategy for a business by researching the business and the environment in which it operates." It is important because it helps a business determine how it can reach its goals using available resources.