Research on the 7 Business Transformations (Choose 1 transformation) For example
ID: 360558 • Letter: R
Question
Research on the 7 Business Transformations (Choose 1 transformation)
For example, if you choose push to pull
Answer the following:
1. What is this business transformation?
2. Why is this important to business?
3. What happens if your firm does not observe this transformation?
4. What skills are needed to make this transformation?
5. What technology do you need to make this transformation?
6. Give a specific case example. ( 5 sentences long paragraph. - You may use
any resources - the internet, books, ...)
Explanation / Answer
Push – pull strategy
What is this business transformation?
On this business trategy the nodes or processes make request for the preceding nodes or processes and the proceding reacts by replenishing from stock
Why is this important to business?
It is important because it allows them to have just in time the needed stock
What happens if your firm does not observe this transformation?
If the firm doesnt observe this transformation it will increase their costs related to inventory, like holding costs and anything associted with not having inventory on time
What skills are needed to make this transformation?
Leadership, knowledge of the business, adaptation
What technology do you need to make this transformation?
For example an MRP (Material requirements planning), SAS has a great MRP product that can be addapted to most business. MRP helps ensure that materials will be available in sufficient quantity and at the proper time for production to occur, without incurring excess costs by having the materials on hand too early
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