FREE online courses on Business Needs and ERP - Business Needs And ERP -
Inductive Thinking
It may be worthwhile to forewarn here that harnessing IT to
the hilt needs another kind of “IT” – inductive thinking. Applying IT to
recasting businesses demands inductive thinking – that is, the ability to first
recognize a powerful solution and then seek the problems it might solve. Merely
throwing computers at an existing business problem does not cause it to be
resolved. In fact, it can, if not used innovatively, block the “starting over”
altogether by reinforcing old ways of doing things and behavior.
Let us have a look at what some of the specific competitive
compulsions today are and how does the 21st Century Corporation look like. To be
able to compete, thrive and stay ahead, organizations, almost without
exceptions, are being driven to:
a)
Shorten through put times
b)
Reduce stock to a minimum
c)
Enlarge range of products and customize to order
d)
Improve product quality
e)
Schedule flexibly to deliver at varying quantum and lead-times
f)
Efficiently coordinate global demand, supply and production
g)
Stay agile to change continuously with the ever-changing
business dynamics
h)
Respond to new customer needs and seize market opportunities as
they arise.
