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reword the following in fewer words 2. Rationalization of Procedures Definition: Rationalization of procedures involves streamlining and optimizing existing processes to improve efficiency and effectiveness.
reword the following in fewer words 2. Rationalization of Procedures Definition: Rationalization of procedures involves streamlining and optimizing existing processes to improve efficiency and effectiveness. Role of IT: Process Mapping Tools: Using tools like process mining software to analyze current workflows and identify bottlenecks and inefficiencies. Data Analytics: Leveraging data analytics to monitor process performance and make data-driven decisions for improvements. Standardization: Implementing standardized software solutions across the organization to ensure consistency and efficiency in processes. Example: A manufacturing firm might use IT to rationalize its supply chain processes, implementing just-in-time inventory systems to reduce waste and lower costs
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