The paper “ The Adoption of Information Communication and Technology through the Installation of Information Systems within the Steel Industry” is a motivating variant of business plans on information technology. As a way of strengthening the ever-increasing competitiveness, there is need for manufacturing companies to develop new and innovative product systems of information as well as process ideas, establish manufacturing and development networks and even provide new as well as advanced ICT infrastructures that will enable the creation of fast knowledge and information exchange/ dissemination. With design and innovation cycles becoming shorter each year, companies and manufacturers are under great pressure to become highly flexible, productive and client-focused (Zhu, Kraemer and Xu, 251) The development of ICT has been found to be important to innovation in regards to processes and products.
Company X which is a steelmaking company requires developing workable strategies through which they will be able to increase their level of production, performance, and profitability. One major way through which this can be done is the adoption of an improved system of information through which all processes that entail steel production, management, and distribution are fast and effectively undertaken.
This paper is a proposal that provides Company X with strategies through which they can improve the delivery of their business processes as well as administrative services. It gives a comprehensive report on the process of implementation for a new Information and Communication Technology system that will utilize industry standards as well as leading-edge technologies as a way of improving the company’ s system of service delivery and to improve its profitability. The described strategies take into account both long and short term goals of the company. Description of Company XCompany X is a steel company whose headquarters are in New York.
Started in the year 2002, the company has emerged to be one of the leading multinational corporations in the world today. The steel produced by this company is used in construction, automotive, making of household appliances as well as packaging. Over the years this company has continued to operate extensive networks of distribution and to hold huge raw materials supply. Company X’ s major market interests include Asia, Australia, and Europe. This major focus on the creation of markets in these regions is a way of creating exposure to the major steel markets both the matured as well as the maturing ones.
The production of crude steel for the year 2008 was valued at 85 tonnes and revenue of 95.2 US dollars. Other than its headquarters in New York, company X has other plants in different regions that include Atlanta, Washington, Phoenix, Texas, and California. The company is one of the steel industries that use electric furnaces rather than blast furnaces in the melting of scrap steel as a way of reducing production costs and increasing profitability.
Examples of the various steel products being released into the local and international markets include beams, bars, steel joists, steel decks, steel fasteners, wire mesh, wire, joist girders, cold steel, expanded metal, and plates among others. it has a decentralized type of management philosophy constituting five levels of management that include the president, vice president, general manager within the division, department manager, and the supervisor. Operation decisions are made at a lower level. Other strategies that the company uses to enhance production, improve profitability, and beat its competitors include enhancing satisfactory customer quality and service, provision of benefits to employees, compensation on the basis of the performance of every employee, the adoption of new technologies.
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