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TOPIC: Bob Feller Jersey
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The major theme in this article is that firms should pursue smart, connected product capabilities and features. The author鈥檚 message is that smart and connected products are reshaping firms. To develop and get products to customers, firms perform a wide range of activities. These activities generally take place in a standard set of functional units including logistics, Information Technology Ricky Vaughn Jersey , manufacturing, sales, procurement, and human resources among others. The capability of smart, connected products alters every activity alters all activities in the value chain. The article explores their internal implications of smart, connected products by focusing on how they how they significantly change the work of practically every function within manufacturing organizations (Porter & Heppelmann Satchel Paige Jersey , 2015).
The core functions of marketing, product development, IT, manufacturing, sales, logistics and after-sale service are being redefined Jim Thome Jersey , and the level of coordination among these functions is increasing. Additionally, new functions have emerged including those to manage increasing quantities of data now available. These have impacted the standard organizational structure of manufacturers. The change is substantial and in the manufacturing sector. Before this revolution, data was generated fundamentally through transactions across the value chain such as interactions with suppliers, order processing, sales interactions, customer service visits as well as internal operations. Organizations supplemented such data with information gathered through research Manny Ramirez Jersey , surveys and other external sources. By integrating the data, firms knew something about demand, customers, demand, and costs. However, the data available gave much less about the functioning of products. The activities involved in defining and analyzing data were decentralized within functions. Data sharing was done on limited episodic basis (Porter & Heppelmann Eddie Robinson Jersey , 2015).
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