The definition and kinds of transformation process.
Transformation processes are used in all types of
business. A transformation process uses resources to convert inputs into some
desired output. Transformation process can be categorized as follows:
·
Physical (as in
manufacturing).
·
Location (as in
transportation).
·
Exchange (as in
retailing).
·
Storage (as in
warehousing).
·
Physiological (as
in health care).
·
Informational (as
in telecommunications).
These
transformations are not mutually exclusive. For example, a department store can
(1) allow shoppers to compare prices and quality (informational), (2) hold
items in inventory until needed (storage), and (3) sell goods (exchange).
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