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Transaction cost management : strategies and practices for a global open economy
All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes 'transactions' as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used 'state-of-the-art' approach, working to bridge the gap between theory and practice.
Book
Recycling and reuse of solid wastes; a hub for ecofriendly, ecoefficient and sustainable soil, concrete, wastewater and pavement reengineering
Ecofriendly, ecoefficient and sustainable civil engineering work has been research with emphasis on adapting the byproducts of solid waste recycling and reuse to achieving infrastructural activities with low or zero carbon emission. The direction combustion model, the solid waste incinerator caustic soda oxides of carbon entrapment model (SWI-NaOH-OCEM) developed by this research has achieved a zero carbon release. This research adopted the literature search method to put together research results of previous works relevant to the aim of this present work. It has been shown that CO and CO2 emissions can be contained during the derivation of alternative or supplementary cementing materials used in the replacement of ordinary Portland cement in civil engineering works. In the overall assessment of the present review work has left the environment free of the hazards of CO and CO2 emissions. It was shown that these supplementary cementing materials derived from solid wastes improve the engineering properties of treated soft clay and expansive soils, concrete, and asphalt. Bio-peels, another form solid waste has been established as a good detoxificant used in treating wastewater. It has been shown that solid waste recycling and reuse is a hub to achieving ecofriendly, ecoefficient and sustainable infrastructural development on the global scale.
Journal Article
Dual transformation : how to reposition today's business and create the future
In Dual Transformation, innovation and growth consultant Scott Anthony and his coauthors, Clark Gilbert and Mark Johnson, propose a practical and sustainable approach to one of the greatest challenges facing leaders today: transforming your business in the face of imminent disruption. Dual Transformation illustrates the inevitable rise and fall of companies in the age of technological change. But, more importantly, it shows you how your company can come out of a market shift stronger and more profitable. Anthony, Gilbert, and Johnson build upon the lessons of Xerox, Apple, Barnes & Noble, and a case study from Gilbert's first-hand experience transforming his own media and publishing company, to describe the process of successfully weathering the digital age by adapting a current business model to the new marketplace. The book offers critical insight to responding to disruptive shock with three value propositions: (A) repositioning today's business to maximize resilience, (B) creating a new growth engine, and (C) taking advantage of assets to result in creative new markets. With great change comes great opportunity, and this book will get you there with tools to reshape your business model.-- Provided by publisher
Book
A business process re-engineering approach to transform business process simulation to BPMN model
Software reverse engineering and reengineering are becoming common in the field of games and website development. Simulation and modeling play an important role in understanding the flow of the overall system. Business process modeling notation (BPMN) is used to show the overall architecture of the business process. Simulated business process re-engineering is essential for implementing change or creating new processes. The simulation model explains whether a change will be successful or not prior to adopting any new business processes or other changes. Some available tools help convert the BPMN to a simulating BPMN model but converting the discrete event simulation model build in commercial off the shelf simulation packages like Simul8 to the BPMN to help generate business process simulation to BPMN is also a key challenge. This framework is introduced to convert the simulation model to BPMN using the reverse engineering concept to understand how the converting tools convert the BPMN model to the simulation model. After understanding this process, the concept of reengineering will be used to build a BPMN from the simulation model. The framework is divided into three main parts model translation, model mapping, and model formation. For model building, two simulation tools Simul8 and BPSimulator are used. It is then tested on two case studies bank and product manufacturing. The output shows the BPMN model is generated from the simulation model within less time on a single click saving time and resources for developing BPMN model first and then making simulation model for testing purpose.
Journal Article
Can digital transformation enhance labor productivity in enterprises: An analysis from the perspective of business process reengineering
From the perspective of business process reengineering, this paper analyzes the impact of digital transformation on labor productivity in enterprises and its underlying mechanisms. The study finds that digital transformation significantly enhances labor productivity in enterprises, with both the application of digital technologies and innovation in digital technology scenarios having a notable positive effect. Furthermore, digital transformation improves labor productivity mainly by optimizing production management processes, reducing human resource redundancy, enhancing the efficiency of human resource utilization, and improving internal control mechanisms to enhance decision-making efficiency. The effects of digital transformation on labor productivity are more pronounced in non-state-owned enterprises and enterprises that are highly dependent on their industrial chains. Further analysis shows that the level of industry monopoly and the overall digitalization level of the industry play a moderating role in the process by which digital transformation affects labor productivity.
Journal Article
Improving processing efficiency through workflow process reengineering, simulation and value stream mapping: a case study of business process reengineering
PurposeBusiness Process Reengineering (BPR) eliminates non-value-added (NVA) and essential non-value-added (ENVA) waste through radical process redesign to improve organizational operations. Comprehensive research integrating BPR tools is needed to understand their benefits for manufacturing firms. This research presents an integrated BPR-simulation framework tailored to the manufacturing sector to maximize process improvements and operational excellence.Design/methodology/approachThe BPR design methodology adopts a systematic, multi-stage approach. The first phase involves identifying a specific improvement process aligned with BPR's core objectives. This phase analyses and redesigns workflows to optimize task sequences, roles, and stakeholder interactions while eliminating redundancies and inefficiencies via Workflow Process Reengineering. Visual process mapping tools, including VSM and simulation, pinpoint areas of waste, delay, and potential enhancement. The second phase follows the workflow analysis and aims to improve efficiency and effectiveness by redefining roles, rearranging tasks, and integrating automation and technology solutions. The redesigned process undergoes evaluation against key performance indicators to ensure measurable improvements are achieved. The final phase validates the proposed changes through simulation models, assesses the impact on key performance metrics, and establishes the necessary infrastructure for successful implementation. The proposed model is empirically validated through a case study of a leading apparel company in Vietnam, confirming its effectiveness.FindingsThe findings reveal that NVA activities are being eliminated, and ENVA activities in key departments are significantly reduced. This yielded a substantial improvement, reducing 25 out of 186 combined ENVA and NVA operations in the sewing facility, involving a decrease of 15 ENVA operations and the removal of 10 NVA operations. Consequently, this led to an 8.5% reduction in the proportion of ENVA operations, accompanied by a complete 100% elimination of NVA activities.Research limitations/implicationsThe single case study limits generalizability; thus, expanded implementation across diverse manufacturing sub-sectors is required to establish validity and broader applicability of the integrated framework.Originality/valueThe experimental results highlight the proposed model's effectiveness in optimizing resource utilization and its practical implementation potential. This structured BPR methodology enables organizations to validate, evaluate, and establish proposed process changes to enhance operational performance and productivity.
Journal Article