Method and apparatus of on demand business activity management using business performance management loops
First Claim
1. A method for business performance management (BPM) of a business unit defined by business processes, and in the method using one or more automated tokens, each of which represents a business event from one of said business processes, the method comprising the steps of:
- operating a BPM Net comprising a plurality of BPM loops wherein a BPM loop comprises a plurality of nodes, said plurality of nodes including at least a sensing node for receipt via said tokens of event data corresponding to said business event and an execution node for sending action data to a business unit for implementation in response to said business event;
storing in a database one or more policies which govern transformation by said nodes of said event data into said action data,passing each of said tokens sequentially from node to node in a particular order around said BPM loop, beginning with said sensing node and ending with said execution node, application of a policy at a node being triggered by said token, each said node further comprising a data acquisition element for acquiring data from another node, a data processing element for transforming data in accordance with one of said policies, and a data output element for transmitting data to another node,receiving said event data, wherein said event data is received by said sensing node in real time,transforming said event data, wherein said policies transform said event data in real time, andsending said action data wherein said action data is sent to said business unit in real timewherein the method steps are performed by an automated BPM system that comprises a BPM loop architecture that comprises a physical star and a data processing ring;
practiced for continuous demand-driven build plan and inventory optimization in microelectronic manufacturing, comprising steps performed by the BPM system of;
receiving events from various source systems from a supply chain;
continuously updating actual revenue, revenue outlook and inventory levels;
determining whether progression of accrued revenue is normal or below target, and when a below-target situation exists, automatically detecting the below-target situation and issuing an alert showing current sales quantities of some selected saleable part numbers in an nth week are out of bands for said part numbers;
recommending to adjust planned demand quantities and safety stock requirements for the nth week;
invoking a demand planning module and inventory planning module to analyze demand quantities and safety stock requirements for the nth week;
after suggestions of the BPM system have been looked at by a business line manager, revising an actual build plan into an updated build plan;
continuing monitoring with the updated build plan.
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Abstract
An architecture, system, and method are provided for a commitment loop solution for on demand business activity management. A Business Performance Management (BPM) loop is defined as a set of nodes each relating to different tasks for processing performance management trigger data generated by a business entity in real time, where the beginning or sensing element of the loop is triggered by a token (representing a business event from a business process) and the ending or executing element provides a business action to be implemented by the business entity. The token is passed from node to node sequentially in a particular order around the loop. Processing of the data represented by the token is governed by policies, which can be changed dynamically and follow a life cycle. On demand business activity management of larger aggregates of business entities (i.e. enterprises and value chains) is achieved by extending this architecture by building upon the BPM loops of the component entities to form a BPM net, adding nodes as necessary. This architecture, system and method can be implemented at multiple levels of granularity from operational or tactical business activities to enterprise wide strategic activities.
50 Citations
9 Claims
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1. A method for business performance management (BPM) of a business unit defined by business processes, and in the method using one or more automated tokens, each of which represents a business event from one of said business processes, the method comprising the steps of:
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operating a BPM Net comprising a plurality of BPM loops wherein a BPM loop comprises a plurality of nodes, said plurality of nodes including at least a sensing node for receipt via said tokens of event data corresponding to said business event and an execution node for sending action data to a business unit for implementation in response to said business event; storing in a database one or more policies which govern transformation by said nodes of said event data into said action data, passing each of said tokens sequentially from node to node in a particular order around said BPM loop, beginning with said sensing node and ending with said execution node, application of a policy at a node being triggered by said token, each said node further comprising a data acquisition element for acquiring data from another node, a data processing element for transforming data in accordance with one of said policies, and a data output element for transmitting data to another node, receiving said event data, wherein said event data is received by said sensing node in real time, transforming said event data, wherein said policies transform said event data in real time, and sending said action data wherein said action data is sent to said business unit in real time wherein the method steps are performed by an automated BPM system that comprises a BPM loop architecture that comprises a physical star and a data processing ring; practiced for continuous demand-driven build plan and inventory optimization in microelectronic manufacturing, comprising steps performed by the BPM system of; receiving events from various source systems from a supply chain; continuously updating actual revenue, revenue outlook and inventory levels; determining whether progression of accrued revenue is normal or below target, and when a below-target situation exists, automatically detecting the below-target situation and issuing an alert showing current sales quantities of some selected saleable part numbers in an nth week are out of bands for said part numbers; recommending to adjust planned demand quantities and safety stock requirements for the nth week; invoking a demand planning module and inventory planning module to analyze demand quantities and safety stock requirements for the nth week; after suggestions of the BPM system have been looked at by a business line manager, revising an actual build plan into an updated build plan; continuing monitoring with the updated build plan. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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Specification