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Value-stream mapping, also known as material- and information-flow mapping, [1] is a lean [2]-management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of the specific process until it reaches the customer.
A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream begins with the initial concept, moves through various stages of development and on through delivery and support. A value stream always begins and ends with a customer.
SAP Business Technology Platform (SAP BTP) is a platform as a service developed by SAP SE that offers a suite of services including database and data management, AI, analytics, application development, automation and integration all running on one unified platform.
CPI greater than 1 is favorable (under budget). CPI that is less than 1 means that the cost of completing the work is higher than planned (bad). When CPI is equal to 1, it means that the cost of completing the work is right on plan (good). CPI greater than 1 means that the cost of completing the work is less than planned (good or sometimes bad).
The concept of business processes – interrelated activities aiming at creating a value added output to a customer – is the basic underlying idea of BPR. These processes are characterized by a number of attributes: Process ownership, customer focus, value adding, and cross-functionality. [citation needed]
SlideShare is an American hosting service, now owned by Scribd, for professional content including presentations, infographics, documents, and videos. Users can upload files privately or publicly in PowerPoint, Word, or PDF format. Content can then be viewed on the site itself, on mobile devices or embedded on other sites.
The Centre for Process Innovation Limited, trading as CPI, is a British technology and innovation social enterprise covering the agricultural and food technology, energy storage, health technology, materials, and pharmaceutical industry markets, with an emphasis on sustainable solutions and improving healthcare. [1]
SAP IS-U is SAP's Industry-Specific Solution for the Utilities Industry.SAP IS-U is a sales and information system that supports utility and waste disposal companies.. SAP IS-U supports business functions such as meter reading, meter data management, scheduling, billing, invoicing, accounting, customer service, and integration to customer relations management.