Business Process Management:
E-Business
Electronic Data Interchange (EDI)
B
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8 Essential Principles of Enterprise-wide Business Process Management (EBPM)
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A Connected Enterprise
The "connected enterprise" is a business organization that experiences reduced costs, improved efficiencies and enhanced customer relationships as a result of effectively leveraging the Internet and private IP networks to exchange business data, securely, reliably, and auditably between internal operations and B2B processes.
Achieving the "connected enterprise" is an evolutionary process necessary to be competitive. By using the Internet to integrate your value chain and share information beyond the edge of the enterprise with global offices, customers, suppliers and other value chain partners, you have the potential to significantly reduce costs, increase efficiencies, and enhance customer relationships.1
EDI: Five Main Implementation Processes
Extracting data from a computer system
Translating the data into a transmittable format
Transmitting the message
Translating/interpreting the message at the receiving end
Downloading the data in the receiving computer application
Strategic Benefits
Faster manufacturing and trading cycle
Ability to adopt new business processes such as Just-in-Time manufacturing techniques
Ability to win new business or retain existing customers leading to improvements in business efficiency
Ability to respond to highly competitive new market entrants
Operational Benefits
Reduced costs
Improved cash flow
Security and error reduction
Acknowledged receipt
Opportunity Benefits
Enhanced image
Competitive edge
Improved manufacturing, trading and banking relationships
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We invented Business e-Coaching in 2001
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Ten3 Business e-Coach, version 2008
Inventor, Author & Founder – Vadim Kotelnikov
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