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McKinse y, Cap Gemini and the Boston Consulting Group all suggest digital transformation is about applying digital technologies [such as Artificial Intelligence (AI), Machine Learning (ML), the Internet of Things (IoT) and Blockchain] to operational processes and creating improvements.
The work also met every definition of “difficult, dirty and dangerous.” this is particularly true in ERP / MRP environments.) In practice, though, these systems tend to isolate people from one another, or into small single task groups in much the same way as happened in the coal mine. The Mechanistic View.
ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. A items may also be of strategic importance to the business concerned.
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