In the planning phase, it's all about identifying the business processes as types. Existing processes can either be identified or documented, or the processes can be replanned. Business process modeling is generally based on standardized modeling languages such as Event-Driven Process Chains (EPK), UML Activity Diagrams, Follow-up Plan, or Business Process Model and Notation (BPMN). The role-based … [Read more...]
What is Service Quality
In business administration, service quality (also service quality) is the degree of quality of a service. The counterpart is product quality. In business administration, services can be distinguished from products in particular by intangibility and customer participation. Intangibility means that a service, unlike a product, is not physically present, while customer involvement means that the … [Read more...]
Influence of Digitization on Procurement : Part 3
In our previous article, we have explained the objectives of E-Procurement. The e-tender is a central operative procurement activity between the purchasing department and the group of bidders, which can be processed electronically. The exact specifications will be sent electronically to the supplier or bidder. For this it is necessary that the supplier has an interface that enables him to receive … [Read more...]
What is Business Process
In process management, the business process is a process that serves to fulfill the company's goals in companies by working on existing business areas and developing new ones. This definition arises from the point of view of process management. In general, business processes are aligned with operational functions, with the interfaces between procurement, production, financing, administration and … [Read more...]
Influence of Digitization on Procurement : Part 2
In our previous article, Influence of Digitization on Procurement Part 1, we have discussed about the basics of this topic. The electronic purchase of products and services by companies via digital networks is referred to as e-procurement. The aim of e-procurement is to support both strategic and operative procurement with electronic tools, or to optimize the two parameters of process costs and … [Read more...]
Advantages and Disadvantages of Outsourcing (in Tech Field)
Outsourcing refers to the transfer of all or part of a function from an organization (company or administration) to an external partner. It very often consists of outsourcing activities deemed non-essential and non-strategic: for a company, these are those that are the least productive of income. It is a strategic management tool that results in the restructuring of a company within its sphere of … [Read more...]
How Does the Economic Climate and Inflation Affect CIOs?
The global economy threatens to slide into recession. Above all, the rising inflation rates are occupying companies - and thus also their CIOs, who have to prepare accordingly. Whilst Central Banks have been cutting interest rates in a bid to stimulate economic growth, this hasn't succeeded in dampening inflationary pressures so far. Extremely low interest rates mean that investors can't earn any … [Read more...]
How to Make Hybrid Meetings Successful
Hybrid is a terminology that is in use for many things these days usually to denote a "mid-way" between the traditional method and some newly discovered method. That is what hybrid cars or hybrid cloud essentially mean. What hybrid meeting is? The hybrid meeting is neither an all-virtual meeting nor a traditional face to face meeting, rather it is "in-between". A hybrid meeting is a meeting with … [Read more...]
Top 4 Qualities To Look For In A CTO
The Technical Director, Chief Technology Officer (CTO) is the top technical leader in a company's hierarchy. Depending on the industry, there are different names. In certain industries, technical concerns are also distributed among several people and there is, for example, a Chief Information Officer and a Chief Science Officer. The chief technical officer holds a special place in every business. … [Read more...]
What is Lean Startup and How Does it Work?
Lean Startup is a method of developing companies and products that aims to shorten product development cycles. As a result of the many failed startups after the dot-com bubble burst in 2000, American investor Steve Blank introduced a new approach that was designed to avoid many of the mistakes of the time. This approach is popularized by his former student Eric Ries about lean production under the … [Read more...]
What is Unified Endpoint Management (UEM)?
Conceptual predecessors of Unified Endpoint Management are client management, client lifecycle management or desktop management on the one hand for classic computers and enterprise mobility management (EMM) on the other hand for mobile devices. The need to administer these different form factors was initially often solved with separate software products. In the meantime, many manufacturers are … [Read more...]