AcronymA 'buyer's market' is considered to exist when goods can easily be secured and when the economic forces of business tend to cause goods to be priced at the purchaser's estimate of value
AcronymThe fundamental analysis and radical redesign of everything: business processes and management systems, job definitions, organizational structures and beliefs and behaviors to achieve dramatic performance improvements to meet contemporary requirements
AcronymBusiness process improvement can be an effective strategy; when conducted as an integrated process to redesign the nature of the work, the information systems support that work and the organisation around that work
AcronymStrategic, tactical and operational approaches and principles applied to increase the return on investment by developing the cost efficiency of the material flow, the return on capital in the material flow and the service to the customers