• Title/Summary/Keyword: Business Process Integration

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The Effect of Trade Integration on Business Cycle Synchronization in East Asia

  • NGUYEN, Vinh Thi Hong;HOANG, Thuy Thi Thanh;NGUYEN, Sang Minh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.225-231
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    • 2020
  • The paper aims to investigate the impact of trade integration on business cycle synchronization for the East Asian countries during 2005- 2017 based on the endogeneity hypothesis of Optimum Currency Area criteria. We test the determinants of business cycles by calculating bilateral trade, financial integration, and business cycle synchronization. Applying the system Generalized Method of Moments for dynamic panel data models, the results show that business cycle synchronization is highly associated with trade and financial integration. These findings confirm the endogeneity hypothesis that more trade integration will mitigate asymmetric shocks, and have a positive impact on the business cycle synchronization. The increased trade intensity and financial linkage lead to more correlated business cycles in East Asia. Apart from trade and financial integration, the trade structure differential, monetary policy similarity also influence the business cycle comovement. The significantly negative impact of trade structure differential on business cycle synchronization suggests that countries with less similar structures are more likely to undergo asymmetric shocks. The results also indicate that monetary policy matters for output comovement. This study recommends that the East Asian countries should focus on bilateral trade as well as financial integration with each other to reap benefits from the integration process.

A Study on B2B Workflow Integration Technology (기업간 워크플로우 통합 기술에 대한 연구)

  • 정재윤;김훈태;김동수;강석호
    • The Journal of Society for e-Business Studies
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    • v.9 no.1
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    • pp.39-59
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    • 2004
  • E-business automates overall activities in a company and allows distributed systems to communicate their information. The automation and information sharing improves its productivity and responsiveness. B2B workflow systems progress their business processes electronically and help the companies to monitor their execution and administrate the processes. This research analyzes the technologies and standards for B2B workflow integration, and proposes three approaches to implement effectively workflow integration. We analyze several existing workflow standards and business process definition languages, and compare their structures and features. And we examine the messaging technologies and architectures to implement business integration. Finally we extract a reference model for B2B workflow integration, and propose three types of workflow integration and implementation designs. This research helps companies to understand the workflow standards and the messaging technologies for B2B workflow integration, and to implement workflow integration systems that are suitable for their e-business environments.

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The Effect of Business Strategies and Competitive Environments on the Configuration of e-Biz Integration Policy Determinants (전략방향과 경쟁적 환경이 비즈니스 통합정책 결정요인 구성에 미치는 영향 분석)

  • Kim, Chulsoo;Han, Bong-Ho;Han, Bokwoo
    • Journal of Information Technology Services
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    • v.11 no.3
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    • pp.67-87
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    • 2012
  • These days, firms are focusing on the improvement of relationships with business partners. The supply chain integrations are taking critical role in improving the relationships with business partners. In accordance with the development of the IT technology, it became possible for firms not only to integrate inner parts of the organization, but also to integrate the company with other organizations in the supply chain, which is open system. Therefore, in e-Biz environments, it is imperative for firms to strengthen the core capacity through the supply chain integration, and to precisely determine the components of the determinants of e-Business integration which impact the firm performance. This study analyzed determinants that have impacts on business integration in IT capacity perspectives in competetive environments. We analyzed 163 domestic companies to find out many significant suggestive points. First, IT management capacity, process innovation capacity are adopted as determinants of differentiation and competetive edges against competing firms. Second, it is analyzed that the more the companies are in intensified competetive environment, the more likley that the innovation capacity and partner management capacity become the determinants of the business integration of the companies and that they pursue new market development strategy. Third, it is analyzed that the more the companies are in high demand fluctuation, the more likley that the innovation capacity becomes the determinants of the business integration of the companies, and that they pursue new market development strategy and operation efficiency strategy. Last, it is analyzed that the more the companies are Technology dependent, the more likely that IT management capacity and process innovation capacity become the determinants of business integration, and that they pursue new market development strategy and operation efficiency strategy. These results provide us the foundation that the determinants that we have analyzed can impact the supply chain integration strategies which take into account the competetive environments.

An Efficient Method of Transaction Process for EAI(Enterprise Application Integration) and Web Service (EAI(Enterprise Application Integration)와 Web Service 환경에서 트랜잭션의 효율적인 처리 방안)

  • Jung, Ji-Ho;Yoon, Chung
    • The KIPS Transactions:PartD
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    • v.11D no.2
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    • pp.435-442
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    • 2004
  • It is important to integrate an enterprise application for automating of the business process, which is responded by a flow of market environment. There are two categories of method that integrate enterprise applications. One is Synchronous Integration, and the other is Asynchronous Integration. EAI(Enterprise Application Integration) and Web service which of the asynchronous integration is focused in the automating method of the business process. After we construct the application integration for automating of the business process, we have to concern about managing of the business transaction. Many Organizations have proposed the process method of business transaction based on 2-phase commit protocol. But this method can't supply the phase that classify the transaction by transaction weight. In this paper, we propose an efficient method of transaction process for business transactions, which is composed by "Classify Phase" that classify transactions. We called this model "3-Phase Commit Method Applied by Classify Phase, " we design this model to manage an resource of enterprise efficiently. The proposed method is compared by the method based on 2-Phase commit that could be a problem of management the resource of enterprise, and the advantage of this method is certified to propose the solution of that problem.ion of that problem.

Improvement of 3D Design Process in the Combined Cycle Power Plant Using Business Process Reengineering (복합화력 발전플랜트에서 업무재설계기법을 이용한 3차원설계의 개선방안)

  • Choi, Hong-Yeol;Moon, Seung-Jae
    • Plant Journal
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    • v.8 no.3
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    • pp.55-63
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    • 2012
  • This study aims to suggest the improved business process by analyzing the current design process on work flow of the 3D design of power plant, drawing a problems and setting the improving direction through the integration method of the business process reengineering(BPR). In order to realize the improved business process, the integrated design performance system focused on the 3D design was established and accordingly the study analyzed cases of project performances through the integration system and drew the improved effects quantitatively. In the result of the project performance applied with the 3D design integration system, it showed 20.4% design cost saving effect for appropriate rated cost and the integration of design information from each design parts, sub contracters and vendors reduced overlapped works and improved the consistency of repeated design alteration.

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e-Lollapalooza: A Process-Driven e-Business Service Integration System fore-Logistics Services

  • Kim, Kwang-Hoon;Ra, Il-Kyeun
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.1 no.1
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    • pp.33-51
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    • 2007
  • There are two newly emerging research issues in the enterprise information systems literature. One is the scalability issue for rapidly increasing choreographic volumes between interrelated organizations. The other is the business intelligence issue for traceable and monitorable business processes and services interchanging e-Business data and applications across organizations. Based upon these emerging issues, through a functional extension of the ebXML technology we have developed a process-driven e- Business service integration (BSI) system, which is named ‘e-Lollapalooza’. It consists of three major components ? the Choreography Modeler coping with the processdriven collaboration issue, the Runtime & Monitoring Client for coping with the business intelligence issue and the EJB-based BSI Engine coping with the scalability issue. This paper particularly focuses on the e-Lollapalooza’s development aspects for supporting the ebXML-based choreography and orchestration among the engaged organizations in a process-driven multiparty collaboration for e-Logistics and e- Commerce services. Here, it is fully deployed in an EJB-based middleware computing environment for e-Logistics process automation and B2B choreography.

A Methodology of Implementing the Business Process-based Knowledge Management System and its Case Study (BPM 기반의 KMS 통합 구축 방안 및 적용사례: 'H'중공업 영업 및 견적업무 프로세스를 중심으로)

  • Kim, Tae-Chul;Jang, Gil-Sang
    • The Journal of Information Systems
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    • v.18 no.3
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    • pp.299-326
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    • 2009
  • R In today's competitive and global business management, Concern of an enterprise is to strengthen the core competency and improve it's internal business process. Therefore, Interest in BPM(Business Process Management) has grown rapidly. BPM is recognized as best solution to meet the needs of organizations that seek the cost down, integration of information, reducing of risk, improvement of productivity. In the past, the company have usually made huge investments in knowledge management systems which are based on repository keeping tacit knowledge. But this paper shows feasibility of implementation of business process-based knowledge management system that could link knowledge with business process. From an academic point of view, Although There could be several ways to build the business process-based KMS. In this paper, when BPM project and KMS project were started at the same time, the way of how to provide workers with task-related knowledge was discussed. As an case study, an estimate process of H company was analyzed and process modelling was carried out and conceptional architecture framework was depicted.

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The Design of XMDR Data Hub for Efficient Business Process Operation (효율적인 비즈니스 프로세스 운용을 위한 XMDR 데이터 허브 설계)

  • Hwang, Chi-Gon;Jung, Gye-Dong;Choi, Young-Keun
    • The KIPS Transactions:PartD
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    • v.18D no.3
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    • pp.149-156
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    • 2011
  • Recently, enterprise systems require the necessity of integration for data sharing and cooperation. As a methodology for integration, Service-Oriented Architecture for service integration and Master Data for integration of data, which is used for service, were appeared. This paper suggests a method that operates BP(Business Process) efficiently. We make XMDR(eXtended Meta Data Registry) as knowledge-repository to support the BP and construct data hubs to operate it. XMDR manages MDM(Master Data Management) to integrate the data, resolves heterogeneity between the data and provides relationship to the business efficiently. This is composed of MDR(Meta Data Registry), ontology and BR(Business Relations). MDR describes relationship between meta data to solve structured heterogeneity. Ontology describes semantic heterogeneity and relationship between data. BR describes relationship between tasks. XMDR data hub supports the management of master data and interaction of different process effectively.

A Study on Logistics Information System Integration: in case of Korea Post (물류정보시스템 통합에 관한 연구 : 한국우정사업본부의 사례를 중심으로)

  • Han, Young-Soo;Jung, Hae-Yong
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.3
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    • pp.217-226
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    • 2009
  • In this paper, we analyze process of implementing and successful enabler of Postal Logistics Integrated Information Systems(PostNet) through a case study on Korea Post. PostNet was integrated by considering contingently organizational integration (organizational structure redesign), strategical integration (business process reengineering), and technical integration(data integration, application integration, and integrated platform implementation). And also integration was implemented for supporting three aspects. PostNet has implication for advanced integration with business mission and operational efficiency by comparing integration with physical level and hardware level. Korea Post has the biggest logistics network, organization, and service in logistics industry area. The results of this paper will suggest theoretical framework for the future information system integration, and will be utilized as a practical guideline for the information system integration.

Integrative Thinking as a Hallmark of Business Education

  • Chinta, Ravi;Funches, Venessa;Esmaeilioghaz, Hamed
    • The Journal of Economics, Marketing and Management
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    • v.4 no.4
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    • pp.25-28
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    • 2016
  • In this paper we expand on the notion of "integration" in terms of the variety of ways in which it would manifest itself in business education. Our main argument is that "integration" is multidimensional and has been manifest in pedagogy, research and service dimensions of university programs for a long time. However, assessments of "integration" efforts have been spotty thus far and only recently are being formalized. We present several examples in business curriculum and with increased focus on formal assessments of "integration" efforts, business education will become more pragmatic. The goal of this paper is to unpack the broad construct of "integration," and discuss its historical and current manifestations in business education. Ultimately, we conclude that while the process of integrative thinking is well underway for a long time in business education, the assessment of outcomes of integrative thinking is just taking root through formal ETS tests. We believe that integrative thinking in business education is an ultimate indicator of the effectiveness of the business curriculum, as students skilled in this area will be best prepared for the real-life jobs in the market place.