Why to build or create a data model? To avoid redundancy of data in a OLTP database. In Data Warehousing, data from source systems can be transformed as per the rules and loaded into target tables. In Data Warehousing, you can do data profiling by cleaning the data from source systems and load that into…
What is a Data Model? A Data model is a conceptual representation of data structures (tables) required for a database and is very powerful in expressing and communicating the business requirements. Data Modeling Overview: A data model visually represents the nature of data, business rules governing the data, and how it will be organized in…
What is Procurement Business Process Outsourcing (Procurement BPO)? Procurement is either buying goods or acquisition of services or combination of both. In the following example: Company refers to: One who buys good or uses services from supplier. Supplier refers to: One who sells good or services. Vendor refers to: One who has necessary IT infrastructure…
What is Outsourcing/Business Process Outsourcing (BPO)? Most of the companies produce products or sell products or provide services to products. Companies, to get benefits, outsource to vendors/service providers. Example: A car manufacturer may outsource certain parts to produced by other vendors. A recruitment company may outsource sourcing resumes to vendors. A costumes manufacturing company may…
Business Activity Monitoring component is one of the features of BPM tool that provide monitoring, aggregation, analysis, measurement and presentation of business activity results to the executives or whoever needs to take better decisions. Most of the BPM tools provide necessary utilities to monitor the processes, but only some BPM tools project the high level…
An organization performs several business processes, route tasks of business processes to employees, systems, within an organization and across the organization (Business to Business transactions – B2B) to achieve it’s goals or objectives and most of the processes are handled manually in many cases. Manually maintained business processes very often result in errors, higher cost for…
Business Process Modeling Tools are used to create business process models, process flow models, and data flow models. Tool Name Company Name All Fusion Process Data Modeler Computer Associates Visio Microsoft Corporate Modeler Casewise Systems Procarta Domain Knowledge Aris Toolset IDS Scheers Live Model Intellicorp Workflow Modeler Metasoftware Aion Platinum Technology Holosofx IBM System Architect…
What Is Business Process Re-engineering? Quite often it is necessary for an organization to revise and re-examine it’s decisions, goals, targets etc., in order to improve the performance in many ways and this activity of re-engineering is called as Business Process Re-engineering which is also known as Business Process Re-design or Business Process Improvement. Analyzing…
Business Process Management (BPM): Business Process Management has been implemented in many organizations in order to leverage the automation of existing and future business processes. BPM is a key to maximize an organization’s ROI(Return On Investment), Quality and service provided to the customers. Growing popularity of BPM tools and the need for automation of business…
Business Process Management: Business Process Management, a set of activities, is essential for a new or existing business in a way that it helps an organization to optimize current business processes and future organizational and operational changes. Any service or a particular product is the result of execution of series of related tasks or activities…
