IDEAS home Printed from https://ideas.repec.org/a/abw/journl/y2019id818.html
   My bibliography  Save this article

Business Process Optimization In The Digitalization Era Of Production

Author

Listed:
  • N. A. Popov

Abstract

Various business process optimization methods associated with industrial companies are reviewed, e.g. the processes of production planning, equipment and inventory maintenance as well as quality control. Case studies of Russian and foreign companies are provided. The author can conclude that digital technologies provide a significant advantage when implemented in an industrial production environment to the demands of Industry 4.0 technologies. The most promising technologies are identified for implementation with a purpose to optimize industrial business processes. According to the findings of the study, implementing econometric methods, creating a cloud infrastructure and adopting digital devices using Internet of things concepts can be named among the most efficient measures for business process optimization in production companies.

Suggested Citation

  • N. A. Popov, 2019. "Business Process Optimization In The Digitalization Era Of Production," Strategic decisions and risk management, Real Economy Publishing House, vol. 10(1).
    • Handle: RePEc:abw:journl:y:2019:id:818
    DOI: 10.17747/2618-947X-2019-1-28-35
    as

    Download full text from publisher

    File URL: https://www.jsdrm.ru/jour/article/viewFile/818/726
    Download Restriction: no
    File URL: https://www.jsdrm.ru/jour/article/viewFile/818/737
    Download Restriction: no
    File URL: https://libkey.io/10.17747/2618-947X-2019-1-28-35?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. A. L. Lisovsky, 2018. "Optimization Business Processes For Transition To A Sustainable Development In The Conditions Of The Fourth Industrial Revolution," Strategic decisions and risk management, Real Economy Publishing House, issue 4.
    2. Taylor, Frederick Winslow, 1911. "The Principles of Scientific Management," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number taylor1911.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. GEORGESCU Daniel, 2011. "Lean Thinking and Transferring Lean Management - The Best Defence against an Economic Recession?," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    2. Seyed Morteza Emadi & Bradley R. Staats, 2020. "A Structural Estimation Approach to Study Agent Attrition," Management Science, INFORMS, vol. 66(9), pages 4071-4095, September.
    3. Andrey, Rudkov, 2011. "Economical preconditions of functioning of independent boards of directors in view of neoclassical economical theory," MPRA Paper 32855, University Library of Munich, Germany.
    4. Udo Milkau, 2017. "Risk Culture during the Last 2000 Years—From an Aleatory Society to the Illusion of Risk Control," IJFS, MDPI, vol. 5(4), pages 1-20, December.
    5. John Brehm & Scott Gates, 1994. "When Supervision Fails to Induce Compliance," Journal of Theoretical Politics, , vol. 6(3), pages 323-343, July.
    6. Soko Aida, 2018. "(Dis)Advantages af Decentralization Models Driven by Non-Economic Reasons: The Case of Bosnia and Herzegovina," South East European Journal of Economics and Business, Sciendo, vol. 13(1), pages 81-92, June.
    7. Kassem HAMMOUD, 2018. "Comparative Analysis Of Innovative Forms Of Work Organization At European Level," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 367-377, November.
    8. Jyotirmayee Choudhury & B. B. Mishra, 2010. "Role of HR Architecture on Intellectual Capital," Vision, , vol. 14(1-2), pages 35-44, January.
    9. Lindbeck, Assar & Snower, Dennis J, 2000. "Multitask Learning and the Reorganization of Work: From Tayloristic to Holistic Organization," Journal of Labor Economics, University of Chicago Press, vol. 18(3), pages 353-376, July.
    10. Margarita Išoraitė & Laimutė Steiblienė & Gitana Mečėjienė, 2014. "If obtained professional competences are suitable for sustainable entrepreneurship: case of Vilnius University of Applied Sciences," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 1(4), pages 239-246, June.
    11. Shih-Nien Lee, 2024. "Examining the Impact of Organizational Culture and Risk Management and Internal Control on Performance in Healthcare Organizations," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 14(1), pages 1-4.
    12. D'Adderio, Luciana, 2008. "The performativity of routines: Theorising the influence of artefacts and distributed agencies on routines dynamics," Research Policy, Elsevier, vol. 37(5), pages 769-789, June.
    13. Bauer, Carsten & Möbs, Nele & Unger, Oliver & Szczesny, Andrea & Ernst, Christian, 2020. "Spillover Effects of Specialization Strategies in Hospitals: An Analysis of the Effects in the Short, Medium, and Long Term," EconStor Preprints 215783, ZBW - Leibniz Information Centre for Economics.
    14. Askalech Feyisa Jobira & Abdulnasir Abdulmelike Mohammed, 2021. "Predicting organizational performance from motivation in Oromia Seed Enterprise Bale branch," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-7, December.
    15. Manuel Portugal Ferreira & Fernando A. Ribeiro Serra & Carlos Duarte & Tânia Marques, 2010. "Competitividade Nacional, Conhecimento e Investimento estrangeiro," Working Papers 62, globADVANTAGE, Polytechnic Institute of Leiria.
    16. Miguel Pina e Cunha & Armenio Rego & Joao Vieira da Cunha, 2007. "Ecocentric management: an update," Nova SBE Working Paper Series wp516, Universidade Nova de Lisboa, Nova School of Business and Economics.
    17. Fracarolli Nunes, Mauro & Lee Park, Camila & Shin, Hyunju, 2021. "Corporate social and environmental irresponsibilities in supply chains, contamination, and damage of intangible resources: A behavioural approach," International Journal of Production Economics, Elsevier, vol. 241(C).
    18. Agulhon, Sophie & Mueller, Thomas Michael, 2023. "Between Fairness And Efficiency: Testing Wilson’S Theory Of Public Administration," Journal of the History of Economic Thought, Cambridge University Press, vol. 45(1), pages 94-116, March.
    19. Michel Anteby & Curtis K. Chan, 2018. "A Self-Fulfilling Cycle of Coercive Surveillance: Workers’ Invisibility Practices and Managerial Justification," Organization Science, INFORMS, vol. 29(2), pages 247-263, April.
    20. Jörgen Sandberg & Ashly H. Pinnington, 2009. "Professional Competence as Ways of Being: An Existential Ontological Perspective," Journal of Management Studies, Wiley Blackwell, vol. 46(7), pages 1138-1170, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:abw:journl:y:2019:id:818. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ООО Ð˜Ð·Ð´Ð°Ñ‚ÐµÐ»ÑŒÑ ÐºÐ¸Ð¹ дом Â«Ð ÐµÐ°Ð»ÑŒÐ½Ð°Ñ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸ÐºÐ°Â» (email available below). General contact details of provider: https://www.jsdrm.ru/jour/about/journalSponsorship .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.