Business engineering is a modern management technology based on a formal, precise, complete and comprehensive description of the organization's activities. Its essence lies in the description and design of business processes, as well as the creation of basic information models of the company.
As a result of the introduction of innovative technologies, the company structure becomes clearer, more transparent and orderly, and the business itself becomes more manageable and resilient to possible changes in the external environment.
What benefits does business engineering provide to a company?
Business engineering provides the company with the following benefits:
Quality improvement. Based chinese malaysia phone number list on the results of business process analysis and optimization, opportunities for improving the quality of manufactured products or services are determined, potential problems and defects are identified and corrected.
Cost reduction. Achieved by reducing costs and optimizing resource use. Business process analysis helps identify inefficient stages, excess costs, and savings opportunities. The company reduces costs for production, supply, transportation, and other operational items.
Increased productivity, which is possible due to the optimization of business processes and improvement of labor productivity. Employees begin to perform their duties more efficiently, i.e. faster and better, due to which the overall efficiency of the company also increases.
What are the components of business engineering technology?
The components of business engineering include:
Transformation management. One of the aspects of company transformations is the technical and industry side of the project. At the same time, all innovative solutions must be extremely clear to all employees, and they, in turn, must be interested in their implementation. Accordingly, it is necessary to be involved in cultural and political factors.
Separation of decision levels. Transformation tasks should be distributed across different decision levels, such as strategic, organizational and technological. This allows for structuring the transformation process.
Integrity. This means not only supporting new projects with innovative solutions, but also periodically integrating them into the existing business processes and production systems of the organization.
The engineering approach allows for a systematization of the transformation process.
How did Walmart apply business engineering?
A successful example of business engineering implementation is Walmart. It widely uses modern technologies and management systems in its stores and supply chains to optimize processes. The company was able to reduce operating costs and improve customer service by using an automated inventory management system, integration with suppliers, and the use of analytical information.
Author of the article
Dmitry Svistunov
Dmitry Svistunov
Head of SEO and Development
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