Business Benefits Expected : Implementation Of Ea

Opportunities usually emerge from changes; therefore you need to pay attention to what could possibly change in the near future and how your company could benefit from that. This is where the marketing team comes in. It’s their job to plan for this type of thing and to keep the company ahead of the game.

The advantages of Dells model are: The internet allows Dell an extensive scope and reach for its products at a relatively low price (Dedrick and Kraemer 2001). Using the internet Dell has been able to automate many of its business functions, such as product configuration, order entry and technical support (Dedrick & Kraemer 2001), therefore the company can achieve higher revenues without customer service costs increasing greatly. Online configuration ensures that the customer gets exactly what they want. Dells build to order strategy means that inventory levels are low, they only hold approximately 4-8 days of stock, therefore inventory costs are low (Breen 2004).

Strategic planning is crucial for the success of all business endeavors. Analyzing currents trends in technology, consumer markets, competition, and the workforce can play a pivotal part in whether or not the organization can survive. Overtime, strategic planning strategies must be modified in order to compensate for changes in the industry. Goals and strategic planning often necessitate change to ensure that the organization is performing at peak level, while offering the most beneficial and quality services to consumers.

Many businesses jump to the conclusion of thinking that if a company can be successful in one area, that it can be just as successful in another. Before making this assumption, businesses need to expand on potential challenges that they might encounter

Today’s market demands organizations to have a strategic plan. The purpose of the strategic plan describes where the organization wants their organization to go. A strategic plan is a document used to communicate goals, and the actions needed to achieve those goals. In order to remain competitive every organization needs to innovate to stay ahead of the competition. They need to develop new products and services with increasing frequency. The design of these new products and services must meet, or exceed, customer expectations and at the same time, they must generate an acceptable financial return for the organization. However, any business that does not realize the importance of developing new products will not last very long as a consequence

2.The ERP solution increases the efficiency and decreases the costs. It also provides reliable information and the processing of information is very quicker so that, it can reduce the paperwork burden. The ERP is very flexible it can in any business environment. At the same time it’s so expensive to implement the ERP and also to replace it. Because of that, the negotiating power of suppliers is increased.

The adoption of the ERP software package throughout the enterprise will have a positive effect on the company. Through the elimination of data conversions and manual data reentry, the company can significantly reduce the time it takes to complete the monthly General Ledger, Income Statement, and Balance Sheet reports. The adoption of a single system instead of three will save Riordan money by reducing the IT staffing needs as it

This is the need to look at what may happen in the future and finding ways of developing innovative ways to add value to the organisation.

Solving real world business, natural and logistical issues. Figure out how innovation can reform these commercial ventures. Investigating approaches to quicken procedure change, coordinate with exchanging accomplices, and control costs with an adaptable IT base.

Initiating processes consist of project formulation, feasibility studies, strategic design, and sign-off to the next phase. The initiation process determines the method to identify and change processes effectively with an EHR. Moreover, feasibility studies entail a readiness assessment, a general Return on Investment (ROI) analysis, and technical reviews of several categories of the EHR implementation (Amatayakul, 2012). The objective of this phase is to do the research and provide them to the executive management as to why an EHR is necessary and obtain their consent (Amatayakul, 2012).

As the operational needs of a business change, the business must change with it. During expansion, it must evaluate its position and its future potential and make decisions as to the structure and operations of the company, current and future obligations, its risks, the kind of workforce that is necessary, and how to implement this body of people for maximum effectiveness and profits.

One of the suggestions was to expand into IT consulting and services. This is one way to increase in revenue from services, increase IT market share, decrease in response time to service calls, and create a number of new accounts. However, this would require implementation of an additional approach to marketing, increased technical expertise of employees, extensive product knowledge management throughout the organization, and service upgrade forecasting. The IT solution would be to track service call history, allow sharing of service and product information among divisions, provide an accounting and billing systems for IT consulting services, and integrate the three databases that are currently servicing business needs, which are D&B, Pivotal, and iMarket.

New software used improves the infrastructure of the company, saving them money by being more efficient

Despite a plethora of business literature on how to improve innovation, it remains an elusive endeavour for many executives. Strategic advice ranges from how to come up with better ideas (e.g. opened innovation, crowdsourcing, etc), how to set it up (e.g. cross-functional teams, separate exploratory units, etc), how to establish funding mechanisms (e.g. venture capital arms, separate funding, etc), how to sharpen execution (rapid prototyping, gate-funding, etc) to name just a few - but all assume that all businesses face the same obstacles.

Although Dell is an extremely successful company, there are areas of improvement and enhancement that should be considered. After a thorough analysis of Dell¡¯s IT tools, business model, IT infrastructure and competitive advantage, we have developed seven key suggestions. By implementing these recommendations, Dell can keep its high ranking in the competitive computer industry by increasing customer satisfaction, competitive advantage and superior value chain, without changing its principal operations to achieve these goals.