Towards Planning and Control of Business Processes Based on Event-Based Predictions

Author(s):  
Julian Krumeich ◽  
Sven Jacobi ◽  
Dirk Werth ◽  
Peter Loos
Author(s):  
Mahesh S. Raisinghani ◽  
Manoj K. Singh

Supply chain comprises the flow of products, information, and money. In traditional supply chain management, business processes are disconnected from stock control and, as a result, inventory is the direct output of incomplete information. The focus of contemporary supply chain management is to organize, plan, and implement these flows. First, at the organizational level, products are manufactured, transported, and stored based on the customers’ needs. Second, planning and control of component production, storage, and transport are managed using central supply management and replenished through centralized procurement. Third, the implementation of the supply chain involves the entire cycle from the order-entry process to order fulfillment and delivery. Data mining can create a better match between supply and demand, reducing or sometimes even eliminating the stocks.


2017 ◽  
Vol 107 (03) ◽  
pp. 143-147
Author(s):  
C. Berger ◽  
J. Pielmeier ◽  
G. Prof. Reinhart

Unternehmen müssen Entscheidungen in der Produktionsplanung und -steuerung (PPS) häufig anhand unzureichender und veralteter Informationen treffen. Stets sollte eine aktuelle und transparente Sicht auf die relevanten Produktionsprozesse und Kennzahlen durch aktuelle Informationen möglich sein. Eine ereignisbasierte PPS erlaubt es, flexibel und schnell auf Veränderungen im Produktionsprozess zu reagieren. Der Fachbeitrag erläutert die Modellierung von Ereignissen sowie den Aufbau von ereignisbasierten Systemen und mögliche Anwendungsfelder einer ereignisbasierten PPS.   Decisions in production planning and control are often based on inadequate and obsolete data. A transparent view on the relevant production processes and key figures should be enabled. Event-based production planning and control allows responding more flexibly and quickly to changes during the production process. The present article explains the modelling of events and the structure of event-based systems and presents possible application fields for an event-based production planning and control.


Metamorphosis ◽  
2014 ◽  
Vol 13 (1) ◽  
pp. 16-25 ◽  
Author(s):  
Rakesh Kumar ◽  
Samir K. Srivastava

Sales and Operations Planning (S&OP) initially came to existence in manufacturing in the late 1980s and has been around for about three decades now. It is the long-term collaborative planning process of production levels relative to sales within the realm of a manufacturing planning and control system at the Stock Keeping Unit (SKU) level. S&OP has evolved into a major business process adopted to manage the balance and trade-off between the conflicting preferences of the supply and demand side of the supply chain and offers many value creation opportunities. It is one of the most critical business processes used to achieve best in class performance to consistently outperform competitors. It is increasingly being viewed as essential to synchronise the entire supply chain in order to improve its efficiency, as once the S&OP process is institutionalised, it will enhance supply chain efficiency in the long run. It will also help the supply chain partners to understand and overcome supply chain risks resulting from market volatility. For this, firms must develop and deploy excellent leadership capabilities so that S&OP processes are in place and supported well within and across the supply chain. Although easy to understand, S&OP can be difficult to implement. Explaining the importance and working of S&OP, defining the key S&OP objectives and the role of people, process and technology, this article tries to address many evolving S&OP related operational issues from the people, process and supply chain perspective. It also prescribes practical ways to improve and institutionalise a strong S&OP process within a firm and consequently across the supply chain. Thereafter, it provides a useful framework to forecast ownership and suggests as to what should be discussed in S&OP meetings. Finally, it highlights the need to align the plans on a continuous basis and suggests a framework for the same.


2021 ◽  
Vol 3 (11) ◽  
pp. 147-154
Author(s):  
Victoria B. Malitskaya ◽  
◽  
Irina E. Konovalenko ◽  
Artur M. Mustafin ◽  
Evgeny S. Nikiforenko ◽  
...  

During the 4th industrial revolution, the transformation of economic mechanisms, digitalization in business, the importance of ensuring the economic security of an enterprise is gaining more and more importance for economic entities. The economic security of an individual enterprise depends on internal fac-tors: the quality and efficiency of the built business processes, the efficiency and level of obsolescence of fixed assets, the qualifications of specialists and top management of the enterprise; and the external environ-ment: transparency of laws, including the taxation system, the country's attractiveness for domestic and for-eign investors, the level of corruption and education. It has been proven that the more flexible a business is, the higher its adaptability to the influence of various factors, as a result of which the higher-quality accounting and control system for ensuring the security of the enterprise. This article discusses the meaning, functions and tasks, the process of building a system of budget planning and control as an integral part of the accounting and control system for ensuring the economic security of an enterprise. This article was written with the finan-cial support of the Plekhanov Russian University of Economics


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