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The Components Of Business Operations

The tools and technologies for creating a seamless organization already exist. Mobile computers, networks, the WWW, SMS, e-mail--these are the building blocks of the effective management of business operations. Companies that use these building blocks to create a single tightly integrated system that tie together all of their operational processes will reap the benefits in greater speed, increased efficiency, and more intelligent decision-making.

Business operations can be further divided into four basic types of processes that keep a company running: Customer Relationship Management, Financial Management, Demand-Supply Chain Management and Manufacturing Resources Management. The scenario provides a way to make these functions work more smoothly. More important, it offers a plan for making them work well together:

 
1. Customer Relationship Management
In many ways, mobile executives are the nerve endings that provide immediate sensory information about how a company performs in the marketplace. Implementing a digital nervous system allows an organization to automate its customer relationship management processes so that everyone in the enterprise has up-to-the-minute data on their customers status through mobile device.
 
 
2. Financial Management System
Financial plans are the blueprint for carrying out strategic decisions, helping to determine the investments a company makes and the return those inputs must yield. In a time when flexibility is at a premium, annual financial planning may no longer be sufficient. With a digital nervous system, a company can test a wide variety of financial scenarios whenever necessary and then quickly implement the one that offers optimum results.
 
 
3. Demand-Supply Chain Management System
Adapting products and services to changing conditions in the marketplace can mean huge shifts in both a company's supply chain and delivery processes. A digital nervous system puts an enterprise in close contact with its suppliers and can help it find the necessary raw materials, when needed. It can ensure that products get where they need to go without delay.
 
 

4. Manufacturing Resources Management
The traditional assembly line is quickly becoming a thing of the past. With product cycles measured in ever smaller increments, companies no longer have the luxury of putting a manufacturing process in place and assuming it will be viable for months, if not years. In addition, the traditional notion of an assembly-line worker who does one repetitive task is now nearly obsolete. Today, production processes need to be fully flexible and employees must have a wide range of skills and knowledge. A digital nervous system simplifies the task of retooling manufacturing. When new processes require new skills, it makes it easy to provide employees with additional training.

 
 
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