Application of Electre III and DEA methods in the BPR of a bank branch network
Author(s) -
Xenofon Damaskos,
Glykeria Kalfakakou
Publication year - 2005
Publication title -
yugoslav journal of operations research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 21
eISSN - 1820-743X
pISSN - 0354-0243
DOI - 10.2298/yjor0502259d
Subject(s) - electre , business process reengineering , data envelopment analysis , computer science , focus (optics) , categorization , operations research , process management , multiple criteria decision analysis , business , marketing , artificial intelligence , engineering , mathematics , mathematical optimization , physics , optics , lean manufacturing
Operational research methodologies are a powerful tool assisting managers in their effort to critically review business data and decide on future business actions. This paper presents the application of Electre multi-criteria methodology and Data Envelopment Analysis, as a part of a small commercial bank's ongoing effort to reengineer its branch network. We focus on two particular problems: first, categorization of the branches so as to apply adequate equivalent organizational schemas and second the assessment of relative efficiency of human resources
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