HI5019 STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE
Group Assignment-2
Topic : Analysis of B Bakery for implementing Accounting Software Student Details
Name
&
Student ID Jaya Jawalkar- DC2369
Yuk ting NG – LUX2017
Anisa Shaheen- VSS2334
Asma Javed-HBD2240
Dheeraj Bhati- BSI2178
Due Date 12th June 2015
Course Masters of Professional Accounting
Lecturer A H M Shafiul Azam
Referencing Style Harvard
Table of Contents
Introduction 3
Case Study – B Bakery (Family owned Business) 3
1. 1. Business Processes 4
1. 2. Business Function 5
i) Manufacturing 5 ii) Finance 5 iii) Customer Relationship Management (CRM) 5 iv) Supply Chain Management 5
v) Human Resources 5
2. Business Requirements 6
A) Indispensable Processes: 6
B) Key features of a good financial system at a glance 7
3. System Requirements 7
4. Software Selection 8
5. Vendor Selection 9
A) Introduction of two ERP (MYOB & ONE UP) 9
B) Cost 9
C) Technology models 11
D) Product feature 12
6. ERP Software Reviews 12
Conclusions 13
References 14
Appendix 15
Introduction
These days, many companies try to achieve greater competitiveness when compared to its competitors by product improvements, innovative ideas, reducing costs, market differentiation, etc. Currently new tools have been applied to help companies that combines and manage business processes as a whole and not separately. Information Technology has brought benefits through
This may help users accept the changes in processes, which help to reduce the resistance of process change among users. Seamless integration tools combat the major pitfall often associated with process of CRM. Therefore, good processes are key for functionality. Process in business defines how things are done and what rules must be followed in the business. Many implementation strategies of CRM often suffer because of technical issues, poor business process designs, and customization challenges. Business must ensure existing processes such as apps are compatible with updated CRM solutions. Therefore, it is important for businesses to clearly and accurately define their business process. Utilizing mapping may identify trouble areas within existing business processes. Strategy may affect CRM solutions through weak deployment practices. Business must ensue deployment options are functional. Also, examining and understanding the overall organization resources is necessary for successful implementation and monitoring of strategies. Businesses must have adequate staffing. Businesses must calculate the cost associated with implementations. Good management of budgets and expenses make for successful implementations. Businesses must also manage and consider
The RemyCake bakery created a cohesive team and an established clientele and became a staple within the community. Their exemplary customer service and the charismatic presence of their founders created a unique work and customer environment. However, with the recent retirement of the RemyCake bakery founder, a number of issues have arisen. Our Task Force identified the origin of their organizational issues. The following summary addresses and provides solutions for the RemyCake Bakery’s issues of ineffective leadership style, lack of organizational hierarchy, under-developed employee training program, and poor communication at all levels.
The increased number of IT investment is applied in organization. It is clear that information technology has become the competitive fact in world business. Collaboration is the new trend in business world. No one can deny the importance of information technology application. Besides the profits outcome, the impacts of information technology deployment also create commitment, trust and value. Advanced information system can improve each steps of business process. It enables people to share information, performance task simultaneously and making decision efficiently. IT companies designed different products to satisfy each step of business operation in terms of manufacturing and human resources. Seminole should apply this new IT infrastructure to business operation. Firstly, company can use the transaction processing systems (IPS) to keep track of all business activities and transaction of the organization such as payroll and employee record keeping. IPS also shows all information from internal and external operation. Secondly, Business intelligence systems are designed for decision-making support. Management information system (MIS) is a system that helps managers to keep track of company performance status, which purposed for decision-making and evaluation. Decision-support system (DSS) is purposed for future business decision-making. Thirdly, Enterprise application systems are designed for integrating business process from different functions, such as supply chain
Information Management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences.
A business process combines manual and automated tasks that ultimately add measurable value to a product or service. A model for business model diagram of these manual and automated processes is a picture of the business process works as is or should work in the future to be. To develop an effective application that optimally supports the business process. Business process analysis identifies bottlenecks in efficiencies disconnects and other problem areas. Developers need solution functional and non-functional requirements to develop or modifying application. A good business process implementation will increase the visibility of the company’s activities making it easy to monitor and control the critical business processes of the company. It provides management with an increased ability to identify bottlenecks, make improvements that needed and reassigned resources to meet customer demand. It also provides an increased to identify further areas of optimization that will provide customer satisfaction or lower transaction
The competitive strategy of two companies are incomparable in many different levels. In most cases, one organization can provide a service at a lower cost whereas another organization can provide the same services at a higher cost. Business processes such strategy development, product development, systems to produce goods and services, and order fulfillment are imperative in a competitive market place. Thus, with the right business processes; organizations such as Midas can strive towards improved operating efficiencies.
In general, ERP systems are designed to standardize information entry and create data storage for information sharing across the organization. There are numerous advantages of ERP but skeptics argued on the fact that these advantages can be also achieved by simplification and lean production methods. IT systems could be effective and reliable in the long run but at the same time there is an uncertainty about whether it will align with the concerned business process. For instance, the ERP system implemented at the Korey plant to replace MRP system failed. Though it met the requirements of individual unit and enabled employees with wide range of
Business process improvements and cost reduction strategies work together eliminating waste, increasing productivity, maximizing effectiveness, and reducing labor costs. Each action your organization takes to produce a product or service is a process. Use employee feedback in addition to cost reduction in order to simplify, merge, and remove wasteful processes that are not profitable.
The new business process and integration tool also offered real-time visibility into its extensive manufacturing process, including tracking inventory, handling billing and monitoring vendor performance for on-time delivery and other measures. The system was fast, reduced errors and improved efficiency.
As the new CIO of Volkswagen of America (VWoA), Dr. Uwe Matulovic brings an impressive resume that includes ample experience in aligning business process management (BPM), business process re-engineering (BPR) and the insights necessary to create the Business Process Technology Organization (BPTO). As the IT projects within VWoA have lacked governance and are facing a severe budget shortfall of $150M, Dr. Matulovic has a formidable challenge. He must first align all existing IT projects to strategic initiatives, which is the essence of effective IT governance (Huang, Zmud, Price, 2010) and then he must define processes to stabilize these strategies yet ensure integration still occurs at the process and system level (Korac-Kakabadse, Kakabadse, 2001). All of these factors need to be taken into account as VWoA is evaluating up to 22 new models with will have an exponential, nearly chaotic impact on their existing IT systems and their ability to respond. Further, the VWoA business has continued to suffer from a lack of unified focus of IT spending to overall strategic initiatives. This lack of governance has created a process of defining IT priorities more defined by the persuasive ability of managers, their ability to build compelling Return on Investment (ROI) arguments, and
Introduction: The following assignment explores the importance of using information to inform and support strategic decision making to achieve organisational goals and objectives as set out by unit learning outcomes (LO) pertaining to this unit 7004. These four learning outcomes are to: LO1: Be able to understand the impact of management information on decision making; LO2: Be able to understand the importance of information sharing within the organisation; LO3: Be able use information to inform and support strategic decision making; and LO4: Be able to monitor and review management information. In order to achieve these learning objectives, the writer has drawn upon from his practical work
We begin with layout our marketing objectives for the plan followed by the situation analysis to evaluate the internal strengths and weaknesses of the bakery. We also do research on the factors that are threat for growth of the business and identify the challenges which are obstacle in the path of business and this will help us to find the proper way of segmenting and targeting the customers market according to their requirements. Further it aided us in formulating marketing mix for a better position in the market mix. Finally our marketing ends with the finding of marketing strategies and evaluating the key performance of market evaluation. We hope that this marketing plan help the “Cupcake Central” for
Another concept from class is the application of key information technology systems a company will employ that helps them manage these daily operations effortlessly. This can be done with the use of service technology applications, in process technologies applications, and information technology (IT) applications. All three will have a direct bearing on productivity, costs, and effectiveness. While, product and service technologies help the company develop new products, services, and processes. Process technology represents the methods, procedures, and equipment the company will use in order to produce the goods and
Business must endlessly update their systems to keep up with the changes that occurs with their business process. Business processes are continually trying to find many ways to accomplish new and shifting goals for the business. New or shifting goals, such as changing the responsible for a current business process, or combining more than one responsible into one can be difficult and needs a clear understanding of multi-tiered systems and the business processes itself. The absence of connection among requirement and employment can lead to problems in recognizing the suitable program which must be changed to further increase the worthiness of a system in response to the new goals. Unfortunately, these changes can lead to errors and can make take longer than expected.
Business process management (BPM) can be define as the orderly approach to make an organization’s workflow to be more efficacious, capable and more efficient of acclimating to an ever-changing environment. Project and program management, vendor management, complexity management, standards management and strategy management are the purpose of a framework which are highlighted the essential building blocks of BPM. A framework can guide the decision maker for BPM which can be used for project and program management, vendor management, complexity management, standards management and strategy management.