Business Process Simulation
- Gunjan Tulwani (Unlicensed)
- Saurabh Gupta (Unlicensed)
When a business process model is designed, it may be fully capable of delivering the desired output but it may not do that at a performance level that delivers the output for the expected cost or within the desired time frame. In other words, a business process model that has been designed may be functional but may not be optimal.
This issue can be overcome by running a business process simulation, whose goal is to help in the analysis and understanding of the business process model. With this understanding, one can change the model and apply other enhancements to improve its results. The strategic objectives of process simulation are optimization to enhance performance and cost reduction of business processes.
Simulation helps in developing better business process flow by providing a platform which facilitates an in-depth analysis of factors which govern the implementation of an efficient business process. It allows business analysts and managers to experience and explore a simulated business problem in a practical and pragmatic manner.
Efficiency of a business process is dependent on the efficient handling of the following basic factors:
- Time
- Cost
Getting the work done and achieving the desired output in lesser amount of time for lesser cost are certainly welcome goals of a business process manager.
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