Business process reengineering

applied after a Lean commitment has been implemented. Six Sigma is “uniquely driven by a close understanding of customer needs, disciplined use of facts, data, and statistical analysis, and diligent attention to managing, improving and reinventing business processes” (2000.Pande, Neuman, and Cavanagh). This portion of LSS consist of a five phase approach (define, measure, analyze, improve, and…

Road to Development ABOUT US Ocean Group initially named as Victoria Polyform began in 1998 under the able leadership of Mr. M.P. Aipunny Master. It has gained NSIC Crisil SE – 2B ratings. The founder had been a retired headmaster and father of Mr. Philip Mulakkal. The firm gained rapid progress under his rightful guidance. A unit for manufacturing high end plastic water tanks. These tanks have an initial capacity ranging from 60,000 liters per day that considerably increased to 4,00,000…

OneFinance Initiative. It comprised of a 5 step process with the first being the most important and the most risky – the process of outsourcing. The reason why Microsoft came to a decision of outsourcing its finance function to an outside body was that they felt they were concentrating more on the basic repetitive tasks in house. This process was adding no value to the company and Microsoft did not have enough time to concentrate on their business insights and partners. This is what the…

Planning (ERP) modules from Oracle to support their processes. Other business performance and technologies used in the company besides the change architecture, performance management system, Rembrandt and InsightVision include the senior management embedded support chart, balanced scorecard life cycle, SharePoint server portal, KnowledgeNet and Net technology. The Carlson company is not only concerned with improvement of business performance, but also communication processes and knowledge…

Process mapping the patient pathway Introduction and principle of process mapping Patient pathway has been described as a useful audit which looks at the patient journey in healthcare to identify problems faced by patients and therefore suggestions for improvements. ( BMJ 1 2 ). In essence it involves dividing the patient journey into small simple steps to assess and finds out what actually happens to the patient in this journey. It is a simple exercise which looks at what actually happens to…

rapidly growing, electronic business is quickly becoming an essential strategy for companies to consider implementing. It is an initiative of immense impact, one that changes every aspect of the way traditional business is run. E-business is a broad concept that includes all the uses of information technology in business. It extends beyond the selling and purchasing of goods on the Internet that is e-commerce, involving the servicing of customers, collaboration with business partners, and…

During the last eighty years, the adoption of advanced Information Technologies (IT) by the United States (US) Department of Defense (DoD) has endorsed the US military to be the most powerful force all over the world (Marquis, 2011). To adopt IT technologies, two approaches are offered: IT outsourcing or IT insourcing. Formerly, the US DoD used to be an internally IT managed department that aimed at bringing more work in-house to be performed by federal employees( Insourcing: Critical Risks,…

Xerox Corporation founded in 1906 is a leader in business process and information technology outsourcing, and in document management services. The company headquarters are located in Norwalk, Connecticut and operates in 180 countries across the world. As of December 31, 2015 the company had approximately 143,600 employees (Xerox Corporation, 2016). The company started out as an invention of xerography by Chester Carlson, a patent attorney, in 1938 as a result of the tiresome work he had to go…

The debate for many years has been whether or not trade agreements help American workers or cause the loss of jobs to foreign workers and lower wages. Corporations are in business to generate a profit, but at what cost to Americans and the economy? What is the ethical choice when it comes to offshoring and outsourcing jobs and how honest should a corporation be about the use of this practice? Some of the businesses that have moved jobs to foreign countries are heralded as being innovative and…

Introduction The accounting process has evolved over thousands of years. A great influence on recent changes in the processes of accounting is computer systems. Computer systems have led to significant changes in many of the data management and information system functions of accounting. They provide a way for accountants to access multiple functions from a single system interface. Newly developed software provides a database that houses all information necessary for any business operation and…