Open AccessBusiness Modeling In Business Operations of Manufacturing Company
Author(s) -
I A Temnyshov,
A M Belyaev
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/753/8/082027
Subject(s) - business , competitive advantage , business model , new business development , business process modeling , artifact centric business process model , process management , business analysis , business process , marketing , work in process
Any business is based upon its operations. In fact, business modeling is modeling of business operations. Business modeling of operations at the manufacturing company is aimed at determining competitive advantages that are external and internal. External competitive advantages provide for the current success and internal ones provide the future leadership. A business model as a whole is a tool for formation, development and management of competitive advantages.