In today’s global environment, finding ways to reduce inefficiencies, increase productivity, and implementing processes to drive customer and business value are of utmost importance.
One of the methods of cost reduction is to analyse the time associated with doing an activity or a complete process. There are two categories of time we must take note of: Execution time per activity and Delay time.
We hope you have enjoyed our blog series based on 10 analytical techniques to improve business processes. So far, we have covered 8 analytical techniques in the following blogs.
Good practice in business process modelling is mandatory for managing and measuring processes. It forms the base for all activities going forward. Without a...
Cost reduction is a critically important goal of every organization. Decrease in operational costs signifies higher profit margins and a better organizational budget. It is also one of the key measures of success for Business Improvement programs.
Organizations continually face challenges from emerging demands to drive greater quality security, safety, stable finance and to sustain value-driven performance.
Over the years, Covid-19 will not only be seen as the greatest crisis, but also as the greatest driver for innovation. In the business landscape, the crisis challenged the ‘usuals.’ Organisations had to relook at their processes and reimagine their business to keep afloat and stay relevant in these uncertain times.
To BPM or not to BPM is no longer the question. From cost reduction, improved productivity, business transparency to improved customer service, the benefits of BPM are out there for everyone to see. The real question for modern-day businesses is: How to get the best return from the BPM investments?
The Australian insurance industry is currently standing at a tipping point in its long history. Being one of the most profitable in the world for nearly 20 years, ahead of the UK and North American markets, the industry is facing turbulent time
At first BPMN and BPMN tools may seem complex. However when understanding the standards and methods, the right tool selection and its use is a breeze.
