BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION

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...

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Autor principal:	N. A. Popov
Formato:	article
Lenguaje:	RU
Publicado:	Real Economics Publishing House 2019
Materias:	business processoptimization industry 4.0 digital transformation industry quality control Risk in industry. Risk management HD61
Acceso en línea:	https://doaj.org/article/3f65f1eddad940d69c8dbab7a86a9ed6
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spelling	oai:doaj.org-article:3f65f1eddad940d69c8dbab7a86a9ed62021-11-19T10:42:00ZBUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION2618-947X2618-998410.17747/2618-947X-2019-1-28-35https://doaj.org/article/3f65f1eddad940d69c8dbab7a86a9ed62019-05-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/818https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984Various 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.N. A. PopovReal Economics Publishing House articlebusiness processoptimizationindustry 4.0digital transformationindustryquality controlRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 10, Iss 1, Pp 28-35 (2019)
institution	DOAJ
collection	DOAJ
language	RU
topic	business processoptimization industry 4.0 digital transformation industry quality control Risk in industry. Risk management HD61
spellingShingle	business processoptimization industry 4.0 digital transformation industry quality control Risk in industry. Risk management HD61 N. A. Popov BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION
description	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.
format	article
author	N. A. Popov
author_facet	N. A. Popov
author_sort	N. A. Popov
title	BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION
title_short	BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION
title_full	BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION
title_fullStr	BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION
title_full_unstemmed	BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION
title_sort	business process optimization in the digitalization era of production
publisher	Real Economics Publishing House
publishDate	2019
url	https://doaj.org/article/3f65f1eddad940d69c8dbab7a86a9ed6
work_keys_str_mv	AT napopov businessprocessoptimizationinthedigitalizationeraofproduction
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BUSINESS PROCESS OPTIMIZATION IN THE DIGITALIZATION ERA OF PRODUCTION

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