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Marketing Strategy and Plan for Review - MyAssignmenthelp.com

Question: Talk about theMarketing Strategy and PlanforGeneral Review. Answer: General Review of the Attached Video The gave vide...

Thursday, October 17, 2019

Phase 4 Discussion Board Assignment Example | Topics and Well Written Essays - 1000 words - 1

Phase 4 Discussion Board - Assignment Example However, competitive ideas in automation will require innovative ideas, expert workforce, and structural capabilities. This means that automation will merge business activities and process will no longer be isolated. Automation was necessary for our company since it helps in speeding up the process; in essence, it develops processes that are simple, mitigate inefficiencies, and overlap workloads. The greater visibility will enable managers in diagnosing problems; prevent time-consuming process, and increasing efficiency (Sveiby, 2007). Statistics shows that businesses spent 70% of their time in planning and developing rules and processes. Arguably, this amounts to a lot of time that should be used by businesses in production process; therefore, business automation will help in allocating tasks, planning, and reducing time spent in production scheduling. In other words, production automation helps n making historical comparisons, predicting future trends, and analyzing business process (John, 2010). Process failures are attributable to unexpected events; hence, automation will enable businesses in increasing reliability. John (2010) state that automation is essential for our company since it enables quantification of data, explores the areas of improvement, and minimizes poor allocation of resources. Misallocation of resources leads to waste of resources that should be used in increasing productivity. In essence, automation helps in increasing relationship with stakeholders such as suppliers, customers, distributors etc. this is an effective strategy in boosting efficiency and increasing competitive advantage (John, 2010). In sum, business processes automation helped us in restructuring labor cost, integrating office applications, and redefining workflow. Simply, businesses needs to pursue strategies that will ensure time is saved, cost is reduced, and efficiency is increased. However, the decision to

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