Question

Computer to computer communications can track demand and adjust logistic systems to automatically direct product to geographical points of demand was said by

Answer 1

Explanation:

The explosion of "computer-to-computer" communication in the twenty-first century is triggering a growth phase for IT consultants. Harvard Business School professor Richard Nolan and HBS Interactive Senior Vice President Larry Bennigson trace the evolution of IT management consulting.

Johnston: Your research refers to the PC in the 80's and the Internet in the 90's as triggers of explosive growth for the IT consulting industry. Have you identified a third trigger for this decade?

Nolan and Bennigson: The trigger in this decade underlying autonomous computing is "computer-to-computer" communication. By the end of the decade, more than 60 percent of the computer communications will be computer-to-computer. Computer-to-computer vastly speeds up the pace of business. For example, end-to-end supply chains can be automatically adjusted by point-of-sale computers directly communicating with warehouse computers, which in turn directly communicate with manufacturer computers, and, again in the chain, manufacturers' computers directly communicate with their supplier computers. In addition, computer-to-computer communications can track demand and adjust logistic systems to automatically direct product to geographical points of demand.

Q: Can you describe some of the enablers and drivers behind the growth of the IT consulting industry? How has globalization impacted this growth?

A: The enablers and drivers of growth of the IT (see working paper (pdf)) consulting industry have been several. First, innovation in frameworks and methodologies along with trained professionals have provided value-added services uniquely available from the consulting firm. For example, the Boston Consulting Group and McKinsey innovated unique conceptual frameworks for assisting management in sorting out action plans for their various lines of business.

Answer 2

The following statement has been said by Larry Benningson, the Senior Vice President of HBS Interactive and Richard Nolan, a Harvard Business School Professor.

Explanation:

• The following statement has been made by Mr. Richard Nolan and Mr. Larry Benningson in one of their formal interviews.
• The concerned statement basically construe the practical and economic benefits generated by an automated computerized communication system in the effective functioning of the supply chain system of any business organization in the world.
• Computerized communication channels can basically enable individual companies to electronically track the demand for the concerned shipments or orders at different geographical points or levels or demand by periodically informing and communicating with various supply chain agents to synchronize and properly arrange the shipments or order through various reliable and advanced electronic channels and mediums. This is very essential to ensure timely and smooth dispatch or transition of the company shipments or order at various stages of supply chain system and subsequently process them to final consumers or buyers without any practical hassles or impediments.