Year: 2025
Type: article
Abstract: The relevance and timeliness of the research are driven by the fact that industrial companies are currently experiencing increasing uncertainty in their operating and development conditions. This is influenced by both the cyclical nature of the economy and shifts in consumer preferences, which are becoming increasingly unpredictable. These factors have collectively shaped a stochastic environment for the operation of industrial companies, in which traditional approaches to business process management prove to be ineffective. Therefore, the aim of this article is to systematize and describe new practices of business process management in industrial companies through the lens of their characteristic features. Based on the results of the study, the key characteristic features of modern business process management practices in industrial companies have been outlined and systematized. These include: adaptive business process management, real-time management, Agile BPM, and real-time supply chain management. The analysis of the outlined practices clearly shows that, in terms of principles, approaches, tools, objectives, and key advantages, each of them is distinct. However, they all share a common foundation in digital technologies and facilitate the transition to iterative management cycles.
Source: Intellect XXІ
Author: Tetiana Kulinich
Institution: Lviv Polytechnic National University
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4412549832