Business Process & Business Modeling: Modeling Types Modeling Methods Business Process Business Process Tools Business Process Management (BPM) Advantages of BPM Business Process Re-engineering Business Process Modeling Business Process Modeling Tools Business Process Modeling Example Process Flow Modeling Data Flow Modeling Workflows Business Activity Monitoring Business Process Outsourcing Procurement BPO
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…
BPM Tools: Business Process Management (BPM) Tools are used to create an application that is helpful in designing business process models, process flow models, data flow models, rules and also helpful in simulating, optimizing, monitoring and maintaining various processes that occur within an organization. Many tasks are involved in achieving a goal and these tasks…
