Business flow is the process in which tasks in a business take place. It is the steps in the business process from start to finish ensuring objectives and goals of the company are met. Business flow also shows all major components of the business process.
Understanding the flow of a business is vital for well-run organizations. Business flow allows employers and employees the knowledge needed for understanding the unique business process of the company they work for or run. It allows these individuals to understand the business requirements and helps determine areas where the company needs improvements. Business flow includes many several aspects, as shown below:
1. Capital flow
Capital flow refers to the movement of money for the purpose of investment, trade or business production, including the flow of capital within corporations in the form of investment capital, capital spending on operations and research and development (R&D). This is of great importance in terms of tax issues, like reasonable tax evasion.
2. Commodities flow (and warehouse):
Commodities flow is a part of the supply chain, in order to meet the needs of customers of goods, services and related information from the origin place to the consumption. It is a process of planning, implementation and control with high efficiency and low cost flow. Tannet owns many actual warehouses, which is conducive to new starters who are engaged in this field.
3. Paperwork flow
Paperwork flow is a matter of standardization. The function of paperwork (bill) flow is to use and manage the bills in the process of enterprise operation, standardize the process of bill delivery, improve the control and signing of each operation link, thus controlling the operation process control and ensuring the completeness of statistical data.
Business Process
Business processes are designed to add value for the customer and should not include unnecessary activities. The outcome of a well designed business process is increased effectiveness (value for the customer) and increased efficiency (less use of resources). A complex business process may be decomposed into several sub-processes, which have their own attributes, but also contribute to achieving the goal of the super-process. The analysis of business processes typically includes the mapping of processes and sub-processes down to activity/task level.
There are three types of business processes:
1. Management processes, the processes that govern the operation of a system. Typical management processes include "corporate governance" and "strategic management".
2. Operational processes, processes that constitute the core business and create the primary value stream. For example, taking orders from customers, and opening an account in a bank branch.
3. Supporting processes, which support the core processes. Examples include Health & Safety, accounting, recruitment, call center, technical support.
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling HK hotline at 852-27826888, China hotline at 86-755-82143181, Malaysia hotline at 603-21100289, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
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