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It is concerned with managing an entire production system that converts inputs (in the forms of raw materials, labor, consumers, and energy) into outputs (in the form of goods and services for consumers). [2] Operations management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology.
Business Process Re-engineering (BPR/BPRE) in a succinct way. Business process re-engineering (BPR) is a business management strategy originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization. BPR aims to help organizations fundamentally rethink how they do their work ...
Digital transformation (DT) is the process of adoption and implementation of digital technology [1][2][3] by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format. The goal for its implementation is to increase value through innovation, [4 ...
e. In computing, extract, transform, load (ETL) is a three-phase process where data is extracted from an input source, transformed (including cleaning), and loaded into an output data container. The data can be collated from one or more sources and it can also be output to one or more destinations. ETL processing is typically executed using ...
Others describe Business Transformation as "the process of fundamentally changing the systems, processes, people and technology across a whole business or business unit. As such, a business transformation project is likely to include any number of change management projects, each focused on an individual process, system, technology, team or ...
For example, the data model of the first OT system [2] is a single linear address space; and its operation model consists of two primitive operations: character-wise insert and delete. The basic operation model has been extended to include a third primitive operation update to support collaborative Word document processing [14] and 3D model ...
Transformation design. In broad terms, transformation design is a human-centered, interdisciplinary process that seeks to create desirable and sustainable changes in behavior and form – of individuals, systems and organizations. It is a multi-stage, iterative process of applying design principles to large and complex systems.
An operating model can describe the way an organization does business today – the as is. It can also communicate the vision of how an operation will work in the future – the to be. In this context it is often referred to as the target operating model, which is a view of the operating at a future point in time.