This document discusses various business functions and how information systems support them. It explains that the chapter will identify business functions like accounting, customer relationship management, and enterprise resource planning. It will also discuss how information technology helps manage supply chains by supporting the flow of information between a company's internal business functions and its external partners. Finally, it defines effectiveness as the degree to which a goal is achieved, and efficiency as the relationship between resources used and benefits gained in achieving a goal.
Creating and Managing Supplier RelationshipsFaHaD .H. NooR
Companies require their suppliers to deliver innovative and quality products not only in just-in-time (JIT) fashion, but also at a competitive price.
Good supplier relations can provide many benefits such as flexibility in terms of delivery, better quality, better information, and better material flows between buyers and suppliers.
Selecting the right supply partners and successfully managing these relationships over time is thus strategically important; it is often stated that “a firm is only as good as its suppliers.”
This presentation will help you understand the supplier relationship management and supply chain relationships.
You may also see the interactive video lecture on this subject here: http://www.aims.education/study-online/supplier-relationship-management/
The presentation is about procurement and sourcing strategies. The process, types, importance and goals of procurement and sourcing have been discussed briefly.
Managing Demand in Supply Chain: The Business Process Modeling ApproachSotiris Gayialis
Gayialis S.P., Ponis S.T., Panayiotou N.A., Tatsiopoulos I.P. (2015) Managing Demand in Supply Chain: The Business Process Modeling Approach, in Proceedings of the 4th International Symposium and 26th National Conference on Operational Research, June 4-6, 2015, Chania, ISBN: 978-618-80361-4-7, pp. 73-79.
Determinants of Procurement Performance Measurement Systems Usage in Supermar...AJHSSR Journal
There is need to use procurement performance measurement systems in retail stores. Therefore,
the study examined the determinants of procurement performance measurement systems usage in supermarkets
in Nakuru town. More specifically the study examined the Perceived Ease of Use on procurement performance
measurement system usage. 49 questionnaires were administered among several supermarkets in Nakuru town.
In this study, Technology Acceptance Model was used to study the determinants of procurement performance
measurement systems usage. The researcher used Census design since the Target population was small hence
whole population was included in the research. Presentation of the findings was analysed using SPSS computer
application software. Data analysis was done using descriptive statistics which included means, standard
deviation, frequencies and percentages while inferential statistics will by means of correlation and regression
analysis. A multiple regression model was developed and was used to guide the study. The study established
that Perceived ease of use was a significant determinant influencing the usage of procurement performance
measurement systems. The researcher therefore recommended that the supermarkets managers should encourage
their employees on measuring their performance because it enhances the overall output and also ensure
transparency in each and every activity.
Strategic supply chain management and logisticsBhavi Bhatia
Thanks to all my readers. It gives boost when I get calls from my readers and am always happy to revert back to my followers and readers. I am sorry if I am unable to reply to all the e-mails due to my busy schedule.
Contact me for any type of assignments help(nominal charges).
Thanks and Regards,
Er. Bhavi Bhatia
e-mail: bhavi.bhatia.411@gmail.com
Phone: +91-7696003714, +91-9814614666
Creating and Managing Supplier RelationshipsFaHaD .H. NooR
Companies require their suppliers to deliver innovative and quality products not only in just-in-time (JIT) fashion, but also at a competitive price.
Good supplier relations can provide many benefits such as flexibility in terms of delivery, better quality, better information, and better material flows between buyers and suppliers.
Selecting the right supply partners and successfully managing these relationships over time is thus strategically important; it is often stated that “a firm is only as good as its suppliers.”
This presentation will help you understand the supplier relationship management and supply chain relationships.
You may also see the interactive video lecture on this subject here: http://www.aims.education/study-online/supplier-relationship-management/
The presentation is about procurement and sourcing strategies. The process, types, importance and goals of procurement and sourcing have been discussed briefly.
Managing Demand in Supply Chain: The Business Process Modeling ApproachSotiris Gayialis
Gayialis S.P., Ponis S.T., Panayiotou N.A., Tatsiopoulos I.P. (2015) Managing Demand in Supply Chain: The Business Process Modeling Approach, in Proceedings of the 4th International Symposium and 26th National Conference on Operational Research, June 4-6, 2015, Chania, ISBN: 978-618-80361-4-7, pp. 73-79.
Determinants of Procurement Performance Measurement Systems Usage in Supermar...AJHSSR Journal
There is need to use procurement performance measurement systems in retail stores. Therefore,
the study examined the determinants of procurement performance measurement systems usage in supermarkets
in Nakuru town. More specifically the study examined the Perceived Ease of Use on procurement performance
measurement system usage. 49 questionnaires were administered among several supermarkets in Nakuru town.
In this study, Technology Acceptance Model was used to study the determinants of procurement performance
measurement systems usage. The researcher used Census design since the Target population was small hence
whole population was included in the research. Presentation of the findings was analysed using SPSS computer
application software. Data analysis was done using descriptive statistics which included means, standard
deviation, frequencies and percentages while inferential statistics will by means of correlation and regression
analysis. A multiple regression model was developed and was used to guide the study. The study established
that Perceived ease of use was a significant determinant influencing the usage of procurement performance
measurement systems. The researcher therefore recommended that the supermarkets managers should encourage
their employees on measuring their performance because it enhances the overall output and also ensure
transparency in each and every activity.
Strategic supply chain management and logisticsBhavi Bhatia
Thanks to all my readers. It gives boost when I get calls from my readers and am always happy to revert back to my followers and readers. I am sorry if I am unable to reply to all the e-mails due to my busy schedule.
Contact me for any type of assignments help(nominal charges).
Thanks and Regards,
Er. Bhavi Bhatia
e-mail: bhavi.bhatia.411@gmail.com
Phone: +91-7696003714, +91-9814614666
Abstract:
Reactive applications need to be able to respond to demand, be elastic and ready to scale up, down, in and out—taking full advantage of mobile, multi-core and cloud computing architectures—in real time.
In this talk we will discuss the guiding principles making this possible through the use of share-nothing and non-blocking designs, applied all the way down the stack. We will learn how to deliver systems that provide reactive supply to changing demand.
I gave this talk at React Conf 2014 in London. Recording available here: https://www.youtube.com/watch?v=mBFdj7w4aFA
Understand the relationship between supply chain management (SCM) and organisational business objectives
Explain the importance of effective supply chain management in achieving organisational objectives
Explain the link between supply chain management and business functions in an organisation
Discuss the key drivers for achieving an integrated supply chain strategy in an organisation
Be able to use information technology to optimize supplier relationships in an organisation
Evaluate the effectiveness of strategies used by an organisation to maintain supplier relationships
Task 2.2: Use information technology to create strategies to develop an organisation’s relationship with its suppliers
Develop systems to maintain an organisation’s relationship with its suppliers
Case Study of a maintaining organization’s relationship with suppliers:
Understand the role of information technology in supply chain management
Assess how information technology could assist integration of different parts of the supply chain of an organisation
Task 3.2: Evaluate how information technology has contributed to the management of the supply chain of an organisation
Assess the effectiveness of information technology in managing the supply chain of an organisation
Understand the role of logistics and procurement in supply chain management
Explain the role of logistics in supply chain management in an organisation
Supply Chain Management Basics: 3PLs - One Size Does Not Fit AllAngela Carver
3PLs are more difficult to clearly define than ever before. There is no one size fits all definition as every third-party logistics operation offers a varying product/service portfolio. While 3PLs were once limited to simply transportation and warehousing services, many portfolios now include global services, IT and value added services. Supply chain programs nationwide have done research regarding the state of the 3PL industry. A recent report from the University of Tennessee published an article detailing some of the top functions outsourced to third party logistics providers which included a list of over 30 business critical functions. The top three most outsourced are domestic and international transportation, customs brokerage and freight forwarding.
Outsourcing to 3PLs is a growing trend as it allows manufacturers and retailers to focus on core competencies. This is where finding a best-fit third party logistics partner is critical. Selecting a 3PL that can effectively perform required business critical functions can result in significant benefits for their partners. According to the UT report “Selecting and Managing a Third Party Logistics Provider Best Practices” the top six benefits most often realized when outsourcing to a best-fit 3PL include cost reductions (both current and future), improved customer satisfaction, global expertise, risk reductions and reduced startup capital investment.
The third party logistics industry is a complex one to navigate. This makes identifying a best-fit 3PL for your operation a complex task. Developing and executing a detailed RFP can be helpful in identifying top functions to consider and eliminate prospects that cannot meet your needs. Top industry experts recommend including technology capabilities, company culture, infrastructure, ease of relationship, KPI metrics and other intangible items in your custom RFP. This RFP process will help your operation to identify which 3PL fits the size and capability requirements of your operation, as one size does not fit all. Learn more about selecting a best-fit 3PL by contacting Datex experts at www.datexcorp.com , marketing@datexcorp.com or calling 800.933.2839 ext 243.
Opening: Imagining the Supply Chain of 2030. Where Are We Now? What Is Possible?Lora Cecere
Presentation given at the 2016 Supply Chain Insights Global Summit - 7-9 SEP 2016 at The Phoenician in Scottsdale, AZ
Opening: Imagining the Supply Chain of 2030. Where Are We Now? What Is Possible?
• Lora Cecere – Founder, Supply Chain Insights
In this presentation, the founder of Supply Chain Insights shares an overview of the Supply Chains to Admire Methodology for 2016 and makes five predictions for Supply Chain 2030. This is the keynote for the kick-off of the Supply Chain Insights Global Summit.
To see the video go to http://supplychaininsightsglobalsummit.com/2016-summit-presentations/
Chapter 2Valuing InnovationsExplain why and how companies ar.docxchristinemaritza
Chapter 2
Valuing Innovations
Explain why and how companies are continually looking for innovative ways to use information systems for competitive advantage.
Business Models in the Digital World
Describe how information systems support business models used by companies operating in the digital world.
Enabling Organizational Strategy Through Information Systems
Discuss how information systems can be used for automation, organizational learning, and strategic advantage.
1
Introduction
In this chapter, we examine the strategic use of information systems, which enables organizations to gain or sustain competitive advantage.
This examination includes a look at the role of information systems in each of the levels of an organization, their role in international business strategies, and the on-going need to innovate using information systems.
1-2
Each age has enabled the age that followed.
The Agricultural age provided the time and resources necessary for people to stay in one location and invent machines.
Table of Contents
Organizational Decision-Making Levels
Operational Level
Managerial Level
Executive Level
Organizational Functional Areas
Competitive Advantage
ISs Providing Business Value
Pursuit of Competitive Advantage (organizational strategy types & sources of competitive advantage)
Competitive Forces
Value Chain Analysis
Choosing the Right IT & ISs
1-3
Organizational
Decision-Making Levels
Executive/Strategic Level
Upper Management
Managerial/Tactical Level
Middle Management
Operational Level
Operational Employees, Foremen, Supervisors
The Organizational Decision-Making Levels slides simply follow the chapter. They are included because they provide foundational knowledge for slides that follow.
Most businesses have three levels of management, with one or more layers of managers in each level.
The executive management includes top tier management focused on long-term strategic business decisions such as how to compete, price versus quality, and what countries to do business in.
Middle or tactical management is focused on running the organization to meet the strategic goals, and typically has a management timeframe of 3 to 12 months. Typical decisions might include where additional stores in existing markets should be opened.
Operational employees and management perform the day-to-day work of the organization, making decisions on a day-by-day basis.
A shift manager at a Wal-Mart would be Operational Management, while a Store manager at a Wal-Mart would be at the lowest level of Middle or Tactical Management.
4
Operational Level
Day-to-day business processes
Interactions with customers
Decisions:
structured,
recurring, and
Often automated using IS.
IS used to:
optimize processes, and
understand causes of performance problems.
1-5
Operational information systems primarily focus on process automation. This can include automating routine activities as well as automating and optimizing structured decisions (su ...
This presentation looks at the different sources of data that will help to inform Senior Executives about the current quality of IT services overall and help make the right decisions about future IT investment priorities?
Every marketer knows that metrics and KPIs are important. The problem is that many, if not most marketers don’t really know why they are important or what the difference is between the two. This article will cut through the clutter and provide clear and simple definitions and explanations that help you understand what metrics and KPIs are, as well as the differences between them.
Strategy is creating fit among a company’s activities. The success of a strategy depends on doing many things well – not just a few. The things that are done well must operate within a close-knit system,. If there is not fit among these activities, there is no distinctive strategy and little to sustain the strategic deployment process. Management then reverts to the simpler task of overseeing independent functions. When this occurs, operational effectiveness determines the relative performance of the organizations and the strategic initiatives are lost.
What impact does Customer Management have on Business PerformanceDoug Leather
We know intuitively that managing the customer portfolio well leads to improved business performance. This slide deck shares important insights into what makes customer management work and how to measure it. This is based on research done by QCi (the main players now with The Customer Framework Ltd) and although I put this deck together 6 years ago I was astounded as to how relevant the thinking still is. The sad reality is that Customer Management capability hasn't improved very much over the years (in the majority of cases, hence we are still subject to inconsistent and poor customer experience) yet it remains a topic that is spoken about and focussed upon by many organisations. The difference that I find today versus 7 or 8 years ago is that MORE people talk about customer management than previously, however I don't se much improvement in the understanding of what it involves or much improved capability in operationalizing customer centric business.(this is a generalised statement)
Creating a Monetization Framework For Your BusinessBluLogix
There’s little dispute that digital transformation has affected nearly every aspect of B2B commercial activity. Success in the digital economy requires that organizations move beyond traditional ways of doing business while accelerating market-facing responsiveness across all functional areas.
Framework for measuring enterprise agilityTushar Mathur
A thought paper on - what enterprise agility means, why it matters, how enterprises can measure enterprise agility to continue to disrupt and re-invent themselves.
Uncovering the Value of Financial BenefitsThe Naro Group
Selling complex or intangible technology requires that a sales person can fully understand what kind of benefits his or her offering can bring to a customer. Marketing provides initial support to sales organizations with pain/solution messaging. However, the messaging often generically bundles benefits such as “reduces costs” with other benefits. A scoring system enables marketing and sales refine and create measurement questions that can be asked during the discovery phase of a sales cycle and add value to marketing messages overall.
Ratio Analysis in Management Accounting.pdfmanishco.com
Ratio analysis in administration accounting is like a magnifying glass for businesses. It’s a device that helps them look at their monetary health, apprehend their strengths and weaknesses, and make knowledgeable decisions. In this complete guide, we are going to discover the world of ratio analysis, breaking down complicated economic jargon into simple, easy-to-understand terms. We’ll exhibit to you how organizations use ratios to measure performance, control resources, and design for the future. Whether you are a commercial enterprise owner, student, or simply curious about the monetary world, this information will demystify ratio analysis and disclose its significance in the realm of administration accounting.
7. A New Opportunity Appears Advertising needs and promotions Moving forward
8.
9. Accounting What is the purpose of it? Is to track every financial transaction within a company, from a few cents to multimillion dollar purchases, from salaries and benefits to the sale of every item.
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