Business process management (BPM) system is the holistic approach for the business management system, which provides utmost priority to the customer and client satisfaction. In other words, the wants and needs of clients and customers are the more important for the organization and the BPM system ensure the same. In such a system the main focus given on handling the system efficiently and effectively by utilizing the available resources for the betterment of the organization?s objective. In fact by the utilization of BPM system we can witness a more effective, more efficient change in the working style of the organization than the other conventional way of any business management system.
For the survival of any business activities successfully, it is essential for the utilizing the available resources skillfully and efficiently so that the basic objective of organization can be achieved. BPM help the system in achieving the goals by utilizing the latest technologies more efficiently and effectively. In fact BPM concept focus mainly on customer satisfaction, product quality and delivery speed so that the whole process can be utilize effectively and efficiently. Customer satisfaction is of utmost priority for the BPM as it is the main factor, which directly related to any marketing strategy. Also quality of product is more important for survival for any business organization in today competitive world.
Customer satisfaction, delivery of product, marketing strategy, and attractive brands are very important factors, which decides a common business goal in the tough marketing competition. These processes are very crucial as the profit of any organization depends upon those. The successful handling of such a factors can generate more revenue for the organization and also its affects the cost of the manufactured products. It is necessary for the profit of a company that cost and selling of the products must be in a proportion.
Experts have divided BPM system in six categories, which are vision, design, modeling, execution, monitoring, and optimization. First of all a proper vision is essential when we initiate for any process or objective. Then it comes to designing about the proper processes regarding the vision. During designing of any process we must be aware about the existing process and the expected change that is needed. If designing has been done in proper manner then certainly it reduces the problems coming way. Modeling is another part for the BPM system, which give the proper shape for the cost and other changes. It defines the different cost for the variables, which can be fruitful for the net profit for the company. Only vision, designing, modeling is not enough rather its execution is of more important which decides the way by which we execute all them for the better output.
Handling manually to those various processes has become a old fashioned and for survival of today tough competitive era, it is essential to utilize latest technologies for execution of the plan and policies of the organization for the better results. BPM helps in many ways for the better utilization of the latest technologies for the successfully execution of those policies.
Monitoring ensures that all the processes are on the right place and working efficiently. There is need to asses the policies and processes on time to time so that better output can achieve and so monitoring is also a crucial factor for the BPM system.