Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping

Value stream mapping is an important tool used in process improvement in many industries. In this study, the error records opened by the end-users to the developers who developed the screens over the software development process in the Information Technologies (IT) group of a financial institution o...

Full description

Saved in:
Bibliographic Details
Main Authors: İbrahim Yel, Orhan Engin
Format: Article
Language:English
Published: Çanakkale Onsekiz Mart University 2022-06-01
Series:Journal of Advanced Research in Natural and Applied Sciences
Subjects:
Online Access:https://dergipark.org.tr/en/download/article-file/1674788
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832095417274204160
author İbrahim Yel
Orhan Engin
author_facet İbrahim Yel
Orhan Engin
author_sort İbrahim Yel
collection DOAJ
description Value stream mapping is an important tool used in process improvement in many industries. In this study, the error records opened by the end-users to the developers who developed the screens over the software development process in the Information Technologies (IT) group of a financial institution operating in the field of participation banking were examined. This paper has been addressed in order to reduce the operational risks that may arise during the resolution of the error records encountered during the use of the software. In financial institutions, customer satisfaction is closely related to the continuity of operational processes in financial transactions. First, the authors draw the current value stream map base on the approval and solution process adventure of these error records were handled in the processing logic, analyzed and a value stream map was drawn for the current situation. Then, based on the information obtained from the current situation, approval flow of the error records is simulated with the Arena simulation program. The obtained simulation results were discussed with the stakeholders of the error resolution process. Bottleneck activities have been identified through the current situation simulation outputs. A new value stream map has been prepared, based on the seven wasteful milestones defined in the lean production philosophy. Finally, the working style of the new situation developed was adapted to the process, remodeled on the Arena software and the new model was analyzed. The simulation results showed that the error/help call records decreased by 79.8% in the in-process return volume.
format Article
id doaj-art-c1d4bd3197dd484186fb9fbe8d7584d8
institution Kabale University
issn 2757-5195
language English
publishDate 2022-06-01
publisher Çanakkale Onsekiz Mart University
record_format Article
series Journal of Advanced Research in Natural and Applied Sciences
spelling doaj-art-c1d4bd3197dd484186fb9fbe8d7584d82025-02-05T17:58:10ZengÇanakkale Onsekiz Mart UniversityJournal of Advanced Research in Natural and Applied Sciences2757-51952022-06-018217118710.28979/jarnas.907042453Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mappingİbrahim Yel0https://orcid.org/0000-0002-0052-3296Orhan Engin1KONYA TEKNİK ÜNİVERSİTESİKONYA TEKNİK ÜNİVERSİTESİValue stream mapping is an important tool used in process improvement in many industries. In this study, the error records opened by the end-users to the developers who developed the screens over the software development process in the Information Technologies (IT) group of a financial institution operating in the field of participation banking were examined. This paper has been addressed in order to reduce the operational risks that may arise during the resolution of the error records encountered during the use of the software. In financial institutions, customer satisfaction is closely related to the continuity of operational processes in financial transactions. First, the authors draw the current value stream map base on the approval and solution process adventure of these error records were handled in the processing logic, analyzed and a value stream map was drawn for the current situation. Then, based on the information obtained from the current situation, approval flow of the error records is simulated with the Arena simulation program. The obtained simulation results were discussed with the stakeholders of the error resolution process. Bottleneck activities have been identified through the current situation simulation outputs. A new value stream map has been prepared, based on the seven wasteful milestones defined in the lean production philosophy. Finally, the working style of the new situation developed was adapted to the process, remodeled on the Arena software and the new model was analyzed. The simulation results showed that the error/help call records decreased by 79.8% in the in-process return volume.https://dergipark.org.tr/en/download/article-file/1674788value stream mappingerror recordsfinancial institutionarena simulation model
spellingShingle İbrahim Yel
Orhan Engin
Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping
Journal of Advanced Research in Natural and Applied Sciences
value stream mapping
error records
financial institution
arena simulation model
title Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping
title_full Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping
title_fullStr Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping
title_full_unstemmed Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping
title_short Process Improvement for Error Records in a Financial Institution with the Analysis of Simulation on Using Value Stream Mapping
title_sort process improvement for error records in a financial institution with the analysis of simulation on using value stream mapping
topic value stream mapping
error records
financial institution
arena simulation model
url https://dergipark.org.tr/en/download/article-file/1674788
work_keys_str_mv AT ibrahimyel processimprovementforerrorrecordsinafinancialinstitutionwiththeanalysisofsimulationonusingvaluestreammapping
AT orhanengin processimprovementforerrorrecordsinafinancialinstitutionwiththeanalysisofsimulationonusingvaluestreammapping