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Using technology for business improvement nowadays is a given, but when we talk about which tools are best, there are many opinions. In general, workflow and process automation is a relatively new category that has become more widely recognized in the last five to ten...

Business process management, or BPM, is a systematic approach to improving the efficiency and effectiveness of business processes within an organization to achieve specific or improved business goals. There are different types of BPM, and to be effective, they must be...

Process improvement can be defined as a proactive approach to improving existing business processes. The improvement process includes identifying, analyzing, optimizing, and monitoring the company’s internal and external processes. The purpose of business process...

Industry 4.0 represents one of the most significant developments to come about in the manufacturing field since the Industrial Revolution. With it comes many challenges as well as advantages to companies and economies around the globe. Although the benefits of...

Lean manufacturing is an approach that aims to reduce waste potential while making manufacturing processes as efficient as possible. Utilizing the most useful tools and techniques is key to facilitating process optimization. Muda, Mura, and Muri - The Lean...

We are firmly in the digital age, and manufacturing companies, in particular, have been early adopters of the latest technologies and are now firmly established as leaders in business process automation. Still, many manufacturing...

From the automotive industry to food companies to large scale industrial production environments, achieving the principles of Lean manufacturing requires efficiency. Efficient organizations experience less waste and achieve higher profit margins. By applying Lean...

Lean manufacturing is a production methodology that seeks to eliminate waste and maximize efficiency and quality while maintaining high customer satisfaction. In this article, we'll introduce the principles of Lean manufacturing, discuss the benefits of using a Lean...

Automation has been a driving force of progress for the manufacturing industry since its emergence during the Industrial Revolution. Robotic systems, computer-aided manufacturing, and artificial intelligence are some of the technologies impacting the evolution of work...

Financial institutions are under constant pressure to meet constantly growing risk management requirements and higher regulatory demands. To alleviate these increasing regulatory requirements, new technology has emerged. Indeed, RegTech has caused quite a buzz in the...