Parametric-activities-based Framework
Activities are at the core of ProFIT-MAP. The methodology employs a parametric activities based framework for capturing the business structure and dynamic characteristics of operations. ProFIT-MAP:
- Develops a more integrated and refined understanding of operations based on the activities required to produce products at each plant and line – or site and service.
- Translates the activities composition into the resource requirements and associated cost and profitability implications for the product or line.
- Quantifies all identified management options for improving the business (i.e., business scenarios) in an integrated, holistic, and dynamic manner.
- Tests the business scenarios for sensitivity to changes in order to create a more profitable environment.
- Identifies activities that will lead to business success.
- Identifies activities that do not further the objectives, and thereby avoid wasting time and resources.
- Creates a profitable and sustainable operational roadmap.
Read more about this topic: Pro FIT-MAP Methodology
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