Business Intelligence Issues for Sustainability Projects

Muntean, Mihaela

doi:10.3390/su10020335

Cited by 30 publications

(30 citation statements)

References 14 publications

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“…Business sustainability creates value for the profit of a company by taking in opportunities and handling risks derived from economic, environmental, and social development. Sustainable companies are maximizing their profit in the market for short-to long-term perspectives in consideration of economic, environmental, and social issues [1]. The automobile industry is an industry which responds to the issue of business sustainability sensitively because their business directly relates to the environment.…”

Section: Introductionmentioning

confidence: 99%

Project Portfolio Selection Considering Total Cost of Ownership in the Automobile Industry

Lee

Choi

2019

Sustainability

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Project portfolio selection for developing a new product is critical to a company because the attributes of the project reflect on the price, quality, and functionality of the developed product. The market evaluates the developed product and the assessment of the product value determines its sale on the market. The project portfolio selection and sales are interconnected from a corporate perspective. The automobile industry is an industry which responds to the issue of business sustainability sensitively because their business directly relates to the environment. In this study, business sustainability was approached through the perspective of total cost of ownership (TCO) embedded into the project selection model after the attributes of the project, investment and efficiency, and the TCO of the product were combined to generate a sales function. The sales and revenue models were proposed, and the validity of the models was confirmed using a case from the automobile industry. As a result of the experiments, the sales model tended to show that the market share increased by selecting the proper number of projects to maximize sales. In contrast, the revenue model showed a tendency to select projects more than the sales model in order to maximize the profits of the company. By suggesting project selection models in a new perspective different from the ones in existing studies, this study is valuable with regard to the fact that the suggested models preserve project interrelationships, TCO, and product sales in a practical manner to enhance business sustainability.

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Section: Introductionmentioning

confidence: 99%

Project Portfolio Selection Considering Total Cost of Ownership in the Automobile Industry

Lee

Choi

2019

Sustainability

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“…Identified as sustainability information systems by Junker and Farzad, they sustain the four sustainability demands on enterprises [10]. The extended business model enriched with the sustainability dimension [11][12][13] needs to be supported by advanced information systems with new capabilities. Identified as Enterprise Resource Planning (ERP) systems, Customer Relationship (CRM) systems, Supply Chain Management (SCM) systems and Business Intelligence (BI) systems, all these enterprise applications are developed according to best practices in information system design and development [14,15], including information system security management.…”

Section: Authorization and Access Controlmentioning

confidence: 99%

Sustainable Implementation of Access Control

Muntean

Dijmărescu

2018

Sustainability

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Sustainable implementation of access control implies approaches at different levels. Beyond the authorization framework at application level, the demarche will be strengthened by providing security objects at database level. In terms of sustainable information systems, the proposal extends the integrated security approach of an SAP application with initiatives at database level programmed in PL/SQL. The organization's policies and procedures are taken into consideration.

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“…Remarkably, however, most XPS principles seem to be misaligned with the principles of sustainability. In fact, while some companies are currently implementing approaches for aligning their business strategy with sustainability (e.g., References [5,6]), most companies do so only occasionally or not at all [7]. The present paper is motivated by this alignment, or lack thereof, which has been suggested to be "the next phase of business sustainability" [8].Another question tackled in this research concerns the measurement and control of performance.…”

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confidence: 99%

“…Big data technologies are designed to extract useful information, quickly and inexpensively, from large volumes of data from different sources [12]. The aim is to use the "five Vs", i.e., volume, variety, velocity, veracity, and value, to support the decision-making process based on information managing [13].Muntean [5] defines BI as an umbrella term for various business managing processes, based on well-informed decisions that should lead to high levels of performance in organizations. The author considers BI to be the art of gaining business advantages from data, covering areas like "business analysis", "enterprise reporting", and "performance management", offering them flexible, easily configurable, and dynamic sets of indicator panels.…”

mentioning

confidence: 99%

“…Muntean [5] defines BI as an umbrella term for various business managing processes, based on well-informed decisions that should lead to high levels of performance in organizations. The author considers BI to be the art of gaining business advantages from data, covering areas like "business analysis", "enterprise reporting", and "performance management", offering them flexible, easily configurable, and dynamic sets of indicator panels.…”

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confidence: 99%

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Development and Application of an Assessment Complement for Production System Audits Based on Data Quality, IT Infrastructure, and Sustainability

et al. 2018

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Some companies improve their production performance using manufacturing or operations models. In the last decade these models have come to be known as "X" production systems (XPS), or company-specific production systems. XPS systems have been oriented mainly to implement lean manufacturing and continuous improvement principles, but have shown little progress in terms of sustainability principles. The emergence of databases (DBs), big data, and business intelligence (BI) systems have enabled the creation of system panels to measure performance and manage business processes. These panels also allow assessment of the implementation of the principles, methods, and tools of the XPS. The effectiveness of these systems requires sufficient IT infrastructure and an acceptable quality of data, but the key performance indicator (KPI) panels of XPSs often lack consistent and acceptable data. In other cases, the IT infrastructure does not cover the needs of the personnel managing the operations, which limits the progress of XPSs. This paper documents the positive experience of one company in jointly auditing and improving data quality and IT infrastructure, which better aligned its XPS with sustainability objectives. It explores, using an empirical case study where the researchers were actively involved, the possibility of complementing the KPI panel system of XPS assessment systems with the principles of sustainability, data quality, and IT infrastructure. The paper describes the development and testing of an assessment tool based on those principles, and offers a number of results that may benefit similar small-and medium-sized companies (SMEs).In order to increase their competitiveness, these XPSs prioritize and deploy improvement projects and routines linked to a series of principles (e.g., total quality, shortest lead-time). These principles are concepts that companies use to differentiate their work from others. Remarkably, however, most XPS principles seem to be misaligned with the principles of sustainability. In fact, while some companies are currently implementing approaches for aligning their business strategy with sustainability (e.g., References [5,6]), most companies do so only occasionally or not at all [7]. The present paper is motivated by this alignment, or lack thereof, which has been suggested to be "the next phase of business sustainability" [8].Another question tackled in this research concerns the measurement and control of performance. Companies continuously measure the effectiveness of their actions not only with operations, but also with improvement projects that implement the principles, traditionally by means of queries to databases (DBs), pivot tables, etc. The last years have witnessed the development of big data and business intelligence (BI) systems to measure and support decision making, among other purposes. Given their success, many advanced countries are investing in big data and BI systems, taking advantage of the boom of the Industry 4.0 concept [9]. As in other areas, big data and BI sys...

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Business Intelligence Issues for Sustainability Projects

Cited by 30 publications

References 14 publications

Project Portfolio Selection Considering Total Cost of Ownership in the Automobile Industry

Project Portfolio Selection Considering Total Cost of Ownership in the Automobile Industry

Sustainable Implementation of Access Control

Development and Application of an Assessment Complement for Production System Audits Based on Data Quality, IT Infrastructure, and Sustainability

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