• Title/Summary/Keyword: Business Operations

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A methodology for discovering business processes in different semantic levels (의미 수준이 다른 비즈니스 프로세스의 검색 방법)

  • Choe Yeong Hwan;Chae Hui Gwon;Kim Gwang Su
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.1128-1135
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    • 2003
  • e-Transformation of an enterprise requires the collaboration of business processes to be suited to the business participants' purpose. To realize this collaboration, business processes should be implemented as components and the system developers could be able to reuse the components for their specific purpose. The first step of this collaboration is the discovery of exact components for business processes. A dilemma, however, is the fact that there are thousands or even millions of business processes which vary from one enterprise to another. Moreover, business processes could be decomposed into multiple levels of semantics and classified into several process areas. In general, discovery of exact business processes requires understanding of widely adopted classification schemes such as CBPC, OAGIS, or SCOR. To cope with this obstacle, business process metadata should be defined and managed regardless of specific classification schemes to support effective discovery and reuse of business processes components. In this paper, a methodology to discover business process components published in different semantic levels is proposed. The proposed methodology represents the metadata of business process components as topic maps stored in a registry and utilizes the powerful features of topic maps for process discovery. TM4J, an open-source topic map engine, is modified to support concept matching and navigation. With the implemented tool, application system developers can discover and publish the business process components effectively.

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A Heuristic Method for Resolving Circular Shareholdings of Korean Large Business Groups (대규모 기업집단의 순환출자 해소를 위한 휴리스틱 기법)

  • Park, Chan-Kyoo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.4
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    • pp.65-78
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    • 2013
  • Circular shareholding is established when at least three member firms in a business group hold stock in other member firms and form a series of ownership in a circular way. Although there have been many studies which investigated a negative effect of circular shareholding on firm's value, few studies have discussed how to resolve the problem given complicated ownership structures of large business groups. This paper is based on a mixed integer programming model, which was proposed in the author's previous research and can identify the ownership share divested in order to resolve circular shareholding. Since the optimization model becomes too complicated for large business groups and requires a sophisticated software to solve it, we propose a simple heuristic method that can find a good approximate solution to the model. Its applications to twelve Korean large business groups show that the heuristic method is not just computationally attractive but also provides near-optimal solutions in most cases.

New Business Models for Telecommunications Company in Aging Society (고령화 사회 환경 변화에 대응하는 정보통신 산업 비즈니스 모델 설계)

  • Kim, Yeong-Uk;Lee, Yeong-Ho;Kim, Yeong-Jin;Kim, Hye-Won;Lee, Jeong-Min
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.11a
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    • pp.108-111
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    • 2006
  • In this paper, we develop the business model of telecommunication company that facilitates to explore new business opportunities in aging society. Considering the trend of aging society, we analyze the market drivers of senior market. Analyzing market dynamics and value chain, we design a set of business models for telecommunication company. In addition, we describe the evolution path of the proposed business model in terms of technology development and market. Finally, we develop a framework for evaluating the effectiveness of the business model.

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BRAWII: Business Process Modeling Tool for BPR (BRAWII: BPR을 위한 업무흐름모형과 도구)

  • 박성주;김한섭;김상구;한동욱
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1998.10a
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    • pp.289-293
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    • 1998
  • Two reasons for the low success rate of the practical implementation of BPR are the lack of good models and consideration of information system development stage in a BPR project. This paper suggests an Integrated Business Process Model (IBPM), which incorporates two distinct but interrelated points of view: form and business process. By integrating the form model with the business process model, the IBPM has advantages in performing BPR projects; it helps to build the model, to analyze and redesign business processes, and to do requirement analysis of information systems. This paper also suggests a new BPR supporting tool, BRAWII(Business Reengineering Assistance Workbench version 2.0). BRAWIIsupports IBPM and manages full stages of BPR project. In the design of BRAWII, the linkage between results of a BPR project and requirements for information system development is considered.

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A Heuristic Method for Resolving Circular Shareholding with the Objective of Voting Rights Maximization (의결권 최대화를 목적으로 하는 순환출자 해소 휴리스틱 방법)

  • Park, Chan-Kyoo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.4
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    • pp.97-113
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    • 2014
  • Circular shareholding refers to a situation where at least three member firms in a business group have stock in other member firms and establish a series of ownership in a circular way. Although many studies have focused on the ultimate effect of circular shareholding on firm's value and profitability, there have been few studies which address how to resolve circular shareholding from the perspective of optimization theory. This paper proposes a heuristic method for identifying shareholdings which need to be cleared in order to settle the problem of circular shareholding in a business group. The proposed heuristic tries to maximize the sum of voting rights the controlling family has in its business group firms. The applications results confirm that the heuristic provides near-optimal solutions for most of 16 Korean large business groups involving circular shareholding.

e-Business Impacts on Distribution Channel in Airlines (항공사 유통경로에 대한 e-비즈니스 파급효과)

  • Yun Mun-Gil;Yun Deok-Yeong;Lee Hwi-Yeong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.99-115
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    • 2004
  • From the growth of Internet technology, many e-commerce principles have been introduced in airline industry. The computer reservation systems(CRS) is the first real-time business application and considered as the earliest examples of e-commerce. In airlines, the early e-business activity was to build the web site for providing flight information to customers. Recently, many airlines are expanding the capability of the web site for selling tickets on the web to make use of the cheaper distribution channel. In this paper, we focus on the impacts of airline e-business being implemented in airline distribution channels. Using the conjoint analysis, we suggest a model for estimating the change of market sales for each distribution channel. With the empirical survey, we can find some implications on the e-business strategy and the effective internet marketing tools for airlines.

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Techniques and Patterns for Designing Business Operations in EJB (EJB 에서 비즈니스 오퍼레이션의 설계 기법 및 패턴)

  • 박지환;이상덕;김수동
    • Journal of KIISE:Software and Applications
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    • v.30 no.1_2
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    • pp.1-18
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    • 2003
  • Precise and systematic mapping techniques are required for mapping object-oriented artifacts into a platform-specific design. An effective and systematic mapping approach for an adequate platform or programming language in needed, because the characteristics of an initial design are independent from an implementation language and a platform. In this paper, we propose systematic and concrete methods, guidelines, and design patterns that can be used to design business operations at EJB (Enterprise JavaBeans) source code level. We show how various EJB mechanism can be utilized in designing business operations for beans. We believe these proposed methods can yield high-performance EJB applications that can also be well maintainable.

Case Study on the "Clicks and Mortar" Strategies of the Three Major Department Stores in Korea (백화점 3사의 온-오프라인 통합전략 사례 연구)

  • 최인혁;이영렬
    • Journal of Distribution Research
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    • v.9 no.1
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    • pp.1-24
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    • 2004
  • As the dot-com companies realize the importance of the traditional business operations such as product distribution and sourcing, the task of balancing business strategy and operations between electronic commerce and"bricks St mortar"channels is an ongoing challenge. However, there are no generic recipes for formulating business strategy that optimally bridges the physical and virtual operations. In order to provide some guidelines, this study examines the big 3 retailers in Korea, and their"clicks & mortar"strategy, assessing how the activities of each channel are integrated to achieve the synergy effect. This study analyzes the differences in the pattern of integration among the three retailers and traces the causes of those differences. It also figures out the relationship between the degree of integration and performance variables such as growth and cost. Finally. it defines the essential constraints on the process of integration along with managerial implications.

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