Skip to main content

Improvement Project of Science Construction CS

Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
Post a Comment

What is BPR?

As per PEARSON(n.d), "Business process reengineering is the act of recreating a core business process with the goal of improving product output, quality, or reducing costs."
Become popular in the business world in the 1990s, we will say in general that its role is to analyze the workflow of a company, while looking for processes that have lost their performance or are simply inefficient then, to find ways of ameliorating them by modifying them, or of removing them.
Since it is not an easy task, process reengineering, it aims to fundamentally change all processes to create new ones, unlike the management or improvement of business processes, which aim to work with existing processes and processes and improve their mode of operation.

According to EDUCBA (2017)"Business Process Re-engineering is the radial designs of the business that help to experience dramatic improvements in the business cycle, quality, as well as productivity.....Particularly this system designs for the continuous process improvement, in general improvement is always essential to continue your position in the global economies even it is the most effective choices to fierce the global competition...In general re-engineering, is one of the necessary factors to improve, debug, improve as well as refine."

That being said, implementing process reengineering is not only risky but extremely tedious, expensive.
According to PEARSON (nd), the different steps to implement process reengineering are:
Step 1: Identity and Communicating the Need for Change
Step 2: Put Together a Team of Experts
Step 3: Find the Inefficient Processes and Define Key Performance Indicators (KPI)
Step 4: Re-engineer the processes and Compare KPIs

According to Kissflow(2019) "Business Process Management is how a company creates, edits, and analyzes the predictable processes that make up the core of its business."
The role that Business Process Management plays in allowing a company to differentiate itself is a new way of approaching the company's activities, especially on the planning, documentation, implementation, and distribution of business processes while integrating with a significant way information technology and business intelligence.

As per Kissflow(2019), "Business Process Management systems can be categorized based on the purpose that they serve, and the three types of business process management are:
1) Integration-Centric BPM, handles processes that primarily jump between your existing systems (e.g. HRMS, CRM, ERP) without much human involvement. (Kissflow, 2019)
2) Human-Centric BPM is for those processes that are primarily executed by humans.  (Kissflow, 2019)
3) Document-Centric BPM, it is required when a document (for example a contract or agreement) is at the heart of the process and enables routing, formatting, verifying, and getting the document signed as the tasks pass along the workflow. (Kissflow, 2019)

From the above explanation, we can not easily say which is the best ERP, because as Kissflow (2019) said, "Most business process management systems can incorporate elements of each of them. them, but everyone will usually have a specialty. "
So it's according to strategic needs that a company can choose which ERP to use in my opinion.


References
- EDUCBA.(2917).Business Process Re-Engineering vs Continuous Improvement
Retrieved from https://www.educba.com/business-process-re-engineering-vs-continuous-improvement/
- PEARSON, S.(n.d).Business Process Reengineering (BPR): Definition, Steps, Examples
Retrieved from https://tallyfy.com/business-process-reengineering/#So_What_is_Business_Process_Reengineering
- Kissflow, (2019). A Full Overview of Business Process Management
Retrieved from https://kissflow.com/bpm/business-process-management-overview/

Comments

Post a Comment

Popular posts from this blog

CHITTARANJAN IN 50s

Hi, Everybody, sometime some of you keep me asking about my days and time at Chittaranjan. This is natural, after all there are gaps of decades between most of you and me ! This has prompted me with an idea of writing this to share my old good days with those of you who are interested. Indian Railway under the British colonial rule was another group of companies with different British Managements. Since the different railway networks under all of them were used mutually for their own benefits. At places, different railway companies had the facilities of repairing and maintenance of their locomotives and passenger and goods carriages. To name a few, like Anda, Adra, Howrah, Liluah, Mughal sarai, Jhajha , these are they places I mention since they are quite closed by our loving Chittaranjan. The locomotives were imported from Manchester, England and few from Canada and Australia , all under the Union Jack. A good number of railway operational staffs were anglo Indians,...
8 comments
Read more

Luxury Watch

We are so used to our hands or legs that so long they are okay we don’t really realize their value. But when any of them is damaged by some accident; we know how indispensable they are! So the watch we wrap in our wrist or the shoes we wear in our feet. We are equally used to them as if they are as natural as where we fasten them. Imagine the plight when your watch is not ticking or you are walking bare footed. Here we are going to discuss about the watch. In our world we all use watch for common need, which is time. But various watches offer various other features too; like date, temperature or some of them serve as compass as well. They are of various price bands and designs. Amongst them few stand apart. They are designer luxury watch . Using them will put you apart from the crowd. Do you know; when you own a designer luxury watch , you may be only on the earth to own such a watch with such features and design. This itself is a matter of pride. If you gift someone you love w...
6 comments
Read more

Unfriendly Indian TV Channels

  Watching TV serials in the evening; is most favourite pass-time perhaps all over the world. When TV was yet to become household source of entertainment here (India) ; we heard about soap-operas becoming popular;  where Television permeated the drawing rooms. Obviously they were popular in foreign lands. We used to hear of them from various magazines. I still remember Kabir Bedi, becoming popular with Italian TV and audiences. Do you know long before we became familiar with TV; Pakistan had matured TV channels. I remember watching Lahore TV; sitting at UN camps in Indo-Pak border areas. In early 70s of last century; I watched quiz shows produced by Polka Ice-cream and that was quite popular show of Lahore TV. It took decades to present such programs here in India. However during the early days of  Durodarshan; ‘Humlog’  the unending serial ruled the roost for long. Then came a period when Durdharshan produced few best serials like ‘Buniyad’, ‘Tamash’ and many more....
8 comments
Read more