What is business process? Tell me some processes?
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Answer / sreelakshmi.sk
Business process starts from the customers. The demand
for the finished goods will be recorded in the sales order
document by the sales department. The systems checks
available raw material to produce the finished goods by
inventory department. if the stock is not sufficient to
produce the finished goods then,the sales order triggers
the production depatment to place the purchase order. now
the procument cycle begins where inventory has to bought
from the vendor. purchase order will be sent to the vendor.
raw materials will be received by inventory department
sent to production department for producing the finished
products. accounting department will record invoices and
finance departmet will process the payment to vendor. Then
finished goods sent to customers.again accounting
department records the invoices and collects bills from
customers.
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Answer / guest
A collection of interrelated tasks to solve a problem or
resolve an issue. Some examples are: core business
processes, Sales, Purchasing etc. Others are supporting
processes like Accounting etc.
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / roopa
RTR : Record to Report
OTC : Order to Cash
PTP : Procure to Pay
HTR : Hire to Retire
PTP : Plan to Produce
ATR : Acquire to Retire
PTI : Plan to Inventory
ITR : Issue to Resolution
FTD: Forcast to Delivery
QTC : Quote to Cash
MTO : Market to Order
ITO: Idea to Offering
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