This report is based on the company CMP or Combined Milk Products Private Limited that was founded in the year 1963. It began its journey as a diary that has now grown into a multi millionaire business. The company produces a varied range of milk products like cheese, dried milk, yoghurt and butter apart from supplying milk. This report describes how the use of new technology can help the company grow even more. Business intelligence can be enhanced by the use of a simple tool like MS Excel. It is also described in the report that how web 2.0 can be collaborated in the company to enhance the business and what tools can be used for this collaboration.
1. Process modeling can provide many benefits to organizations and companies. Some reasons are listed below:
Executing a business procedure or another plan of action obliges changes in the operations and in how individuals perform their work. This can be influenced just by operating the business changes to the genuine business forms, business guidelines and choices that are made on an everyday premise by every one of the individuals in the association.
Process Modeling enable the communicating and documenting of the company’s business processes: Process model offers a distinctive bound together strategy and dialect for imparting data and procedures about choice and procedures tenets.
These days the surroundings of business needs to certify that they are accomplishing the best results with the assets available to them. There is no space for inefficiencies and wastage. Process Simulation permit examination and comprehension of the procedure streams and helps directors know whether there is space for further streamlining and efficiencies. It helps spot required upgrades and lessen procedure process duration. The most important benefit that can be gained by using process model is gaining advantage in the market. It is highly need in this competitive world. This is because the competition has increased in a vast speed and thus all the company wants to be ahead of their competitor.