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Optimise your Transformations with Business Process Simulation from Silico

Business Process Simulation (BPS) is the ultimate tool to have in your transformation team’s arsenal. If you are looking to anticipate and demonstrate the need for a Digital Transformation, or decide at which steps of the process your Digital Transformation should be implemented, Silico is the transformation tool for you.  

BPS can be used to monitor, implement and simulate corrective measures to ensure your transformation stays on track to deliver your key business outcomes and KPIs. This is done by simulating each process within your transformation initiative and combining them to create a Digital Twin.

Process simulation helped us answer if and where introducing robotic process automation (RPA) and/or a new ERP system optimises metrics such as lead time, costs, and revenues.

What are the Benefits of using Silico for your Transformation Team?

With a Digital Twin of your digital transformation, your team can generate actionable insights that drive business outcomes. BPS models allow you to determine the ROI of transformations from an end-to-end perspective of the process. Decisions based on Process Simulation models are optimal for the entire process and help you avoid optimising one step at the expense of another, for example, shifting a bottleneck from one part of the process to another.

Simulate forward looking metrics:

Demonstrate the need for a Digital Transformation to key stakeholders across the business by showing the impact on their KPIs

Finding the optimal Transformation to maximise ROI:

Identify the optimal timing, sequencing and set of transformation initiatives to minimise risk and maximise business impact

Monitor implementation of Transformation programmes:

Provide continuous insights to demonstrate business performance vs. expected outcomes

Course-correct and re-allocate scarce resources during BAU:

Monitor and course-correct as service demand fluctuates during & after a transformation rolls-out.

How to get started with Business Process Simulation for your Transformation team?

Silico can develop a Business Process Simulation model of your transformation initiatives in as little as four weeks with:

To create your simulation model, Silico requires information about the relevant parts of your transformation project, for example, existing spreadsheets or discussions with your team.

Silico also works with your team to gain an understanding of which inputs, outcomes, and problems decisions makers want to simulate and evaluate virtually.

Grow from there to give your team a full Digital Twin of your transformation:

Real-time data integration to your relevant systems.

Mission critical decisions that your transformation leaders would ask Silico to provide more insight on.

Make your Transformation work for everyone.

How can different roles interact with Silico?

Transformation

Transformation decision-makers and teams can use Silico to maximise the ROI of their initiatives. Silico offers an end-to-end solution for identifying the most suitable transformation projects, uncovering unforeseen issues, and monitoring the progress of current transformations. Alongside this, Silico can be used by transformation teams to simulate and justify the ROI of potential projects before implementation, giving senior decision-makers the evidence they need to greenlight initiatives.

Process Improvement & Excellence

Process improvement and excellence leads and specialists use Silico to maximise the impact of their improvements and optimisations. Silico analyses business processes, rapidly quantifies potential improvements’ impact, and identifies the best improvement combinations to ensure you build truly excellent processes

Digitalisation

Silico helps Chief Digital Officers to build Digital Twins of their processes that scale up to full Digital Twins of the Enterprise (DTE). Silico’s Digital Twins allow teams and managers to monitor and analyse business processes continuously and optimise decisions considering the latest information from across your organisation.

Strategy

Digital Twins can be used to support a wide range of business decisions, from long-term strategic planning to real-time operational decisions. By understanding how changes will impact business performance, organizations can make more informed decisions that can lead to a competitive advantage.

Let’s take a look at how a Transformation
use-case works with Silico:

Build the Digital Twin:

Develop a causal model of your finances that reflects how inputs such as order volumes and material prices affect outcomes such as revenues and margins.

Connect to real-time data:

Integrate the Silico twin into existing systems, such as customer relationships management (CRM) and enterprise resource management (ERP) systems.

Gain FutureSight:

Test decisions virtually and identify optimal courses of action for, for example, pricing, make or buy, and product mix decisions.

Monitor and Control:

Forecast your financials, such as your margin, in varying circumstances and scenarios, including fluctuating commodity prices and inflation, and get alerted to developments ahead of time.

Grow towards a DTE:

Expand the financial twin to other parts of the organisation to develop a full DTE at minimum risk, time, and cost to generate value in new areas and improve the initial finance twin itself.

Build the Digital Twin:

Develop a causal model of your finances that reflects how inputs such as order volumes and material prices affect outcomes such as revenues and margins.

Connect to real-time data:

Integrate the Silico twin into existing systems, such as customer relationships management (CRM) and enterprise resource management (ERP) systems.

Gain FutureSight:

Test decisions virtually and identify optimal courses of action for, for example, pricing, make or buy, and product mix decisions.

Monitor and Control:

Forecast your financials, such as your margin, in varying circumstances and scenarios, including fluctuating commodity prices and inflation, and get alerted to developments ahead of time.

Grow towards a DTE:

Expand the financial twin to other parts of the organisation to develop a full DTE at minimum risk, time, and cost to generate value in new areas and improve the initial finance twin itself.

Download our Business Process Simulation Guide

Are you looking to learn more about Business Process Simulation and how it can help you to build a digital twin of the enterprise? Download our free guide to get up to speed:

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