MIS 201 Saudi Electronic University Nucor Steel Manufacturing Presentation
Question Description
presentation about a project has to be perfect with pictures
Executive summary
This assignment investigates the informational technology and the strategic issues of the most profitable steel and iron producing company in America, the Nucor company. The company has its headquarters located in Charlotte, the northern part of California. The company was founded in the year 1940, and its current CEO is Leon Top Alan. Additionally, the paper also focuses on the mission statement and the existing structure that governs its operations. It is worth noting the Nucor operations structure is decentralized in that there is a clear channel under which leadership systems are being conducted.
Relatively we are also going to focus on the different competitive strategies used by the company. In this relation, strategies like cost leadership, differentiation, and focus strategy will be focused upon, and in the end, the best approach will be addressed. In cost leadership, the company adapting this strategy ensure that produce their products at a meager cost. In a differentiation strategy, the company ensures that they produce things different from other companies, meaning they produce a unique product from others. In the focus strategy, the company ensures that they only target a very narrow market unto which they are willing to selling their products to and try to develop their products to meet this target market effectively and appropriately (Vohra,2017). In Nucor company, the most effective strategy is a cost-effective strategy, and it is the one they have used to be successful.
The technology used by the company doing its operations is also to be addressed in this paper. In this regard, the IT infrastructure is going to be of great importance. In the case of Nucor company, they have adopted the use of both hardware and software. The majorly used software is that of 3D Building Information Modeling BIM, which has enabled them to effectively keep their data. The analysis of the current systems which are in place is going to be considered.
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