Supply Chain Analytics Tools and Techniques Workflow

Define Business Requirements

Type: Fill Checklist

Define Business Requirements In this crucial step of the business workflow, organizations must clearly articulate their needs and expectations. This involves gathering input from stakeholders, including customers, employees, and vendors, to understand what is required for a successful project or process implementation. The goal is to establish a shared understanding of the business requirements that will guide future decision-making. This step includes activities such as: * Identifying key performance indicators (KPIs) * Outlining functional and non-functional requirements * Gathering data on customer behavior, market trends, and regulatory compliance * Defining product or service specifications * Documenting assumptions, constraints, and dependencies By thoroughly defining business requirements, organizations can ensure that subsequent steps in the workflow are properly aligned with their goals and objectives. This helps to prevent costly missteps, reduces the risk of project failure, and fosters a culture of clarity and transparency.