“Business process management (BPM) is a systematic approach to improving an organization's business processes. BPM activities seek to make business processes more effective, more efficient, and more capable of adapting to an ever-changing environment. BPM is a subset of infrastructure management, the administrative area of concern dealing with maintenance and optimization of an organization's equipment and core operations.”

Business Process Management or BPM is related to the actions executed by business organizations to administer and improve their business functioning, so that managers can evaluate and modify processes in response to data. The main advantages of this process include: -

- It automates various business processes to gather information to get novel ideas.

- Such management process ameliorates business value, whether big or small.

- It assists business to achieve outstanding results.

- Its supplementary benefits include proper control, advanced speed, aptitude, flexibility, right management and buyer satisfaction.

The activities that constitute business process management are classified into three groups: process design, process execution and process monitoring. Process design embraces the design and capture of subsisting business actions, in addition to the replication of novel ones. Process execution is the implementation of entire business process by transferring information from one application to the other one, and its success hinges upon human intervention. The third and the last constitute of this process is process monitoring, which means examining the information. The information accumulated from this process can be utilized to work with consumers and traders in order to develop their linked activities.

Management is the art of assuring maximal successfulness with a minimal attempt. Wherever there is a structured group functioning together in the direction of a common goal, some type of management becomes necessary.

“Management is the process of getting activities completed efficiently and effectively with and through other people.”

It is the management, which makes the people, actualizes the aims of the particular group, and guides their efforts for the accomplishment of these objectives. No business activity can be carried out without the five factors of production, viz. the land, labor, capital, enterprise and the management. The four factors may prove unproductive in the nonexistence of the fifth one i.e. management. Management also provides novel ideas, thoughts and imaginations to the organization.

Management also helps in efficient and smooth running of business through better planning, benevolent administration, and successful control through its various tools. Profits can be increased in any organization either by escalating the sales revenue or plummeting costs. To increase the sales revenue is beyond the control of an organization. Management by abbreviating costs raises its profits and offers opportunities for future development and improvement.

In the present days of rising competition, only those business enterprises can survive which can manufacture quality goods at the lowest of costs. Through better planning, sound organization and effective control, management lets a business group to lessen costs, and allows it to face aggressive competition.