A structured approach to business operations leverages digital representations as the authoritative source of information. This framework utilizes interconnected models to define, execute, and manage all facets of an organization. An example includes a manufacturing firm where product design, manufacturing processes, and supply chain logistics are all integrated through a shared digital representation of the product. This integration facilitates concurrent engineering and allows for rapid responses to market changes.
This approach offers several benefits, including improved communication, reduced errors, and increased efficiency. By using a single, unified source of truth, it minimizes ambiguity and discrepancies that can arise from disparate data sources. Historically, enterprises relied on paper documents and isolated software systems, leading to information silos and delayed decision-making. The shift toward this model represents a significant advancement in organizational effectiveness and agility.