...week 2 presentations. Business Processes: - Revenue Cycle -Acquisition Cycle - Conversion Cycle * Accounting Information Systems: -Collect data -Store Data -Use Data TECHNOLOGY Business is affected Business is affected by this theme? by this theme? -E-commerce -BI -CRM -SCM BI ERP -ERP -CRM -SCM -Cloud Computing -CRM -BI E-commerce Technology has made a big impact in how companies collect and use data as well as how companies increase profits, acquire materials and supplies, and convert those raw materials into the final product. One of the biggest impacts these technologies have made on accounting systems is to strengthen the ability of companies to develop and use computerized systems to track and record their financial information. Technology has shortened the time needed by the company to prepare and present financial information to management and allowing management to quickly create individual reports from stored data for management decision making. The technologies included in the diagram above also impact the business processes of a company with the use of innovations and creating the capabilities for users to understand their cash flow better, manage their storage costs, and enabling a company to save time and money. Accounting Information Systems ERP is able to impact a company’s accounting information system...
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...Reverse Logistics: Product Returns Program Simplified with Technology Assignment By Jairo L. Hernandez Student Number: 4040078 RLMT 401, Reverse Logistics Data and Security Resilience Professor Lawrence Reeves III 27 April 2013 Tables of Contents Title Page Introduction: Consumer Products 2 What’s Reverse Logistics? 2 Cross-Functional Enterprise Systems 3 Data Collecting 3 Customer Identification 4 Resolution 5 Conclusion 6 Reverse Logistics: Product Returns Program Simplified with Technology Introduction: Consumer Products In the 21st century, the U.S. economy has tremendously increased its consumption rate of natural resources with the manufacturing of consumer products. The U.S. Environmental Protection Agency (EPA) (2012) reported, “In 2009, discarded TVs, computers, peripherals (including printers, scanners, [and] fax machines) mice, keyboards, and cell phones totaled about 2.37 million short tons.” Natural resources are used in a daily basis to manufacture products with distributing material in forward logistics. This process of materials being produced by manufacturers shipped to warehouses across the world and stored until a demand is requested and then delivered to a retailer or when a Internet buy occurs, delivered to the customer. Logistics plays a vital role in distributing goods throughout the supply chain, how is unwanted or unused material being tracked for recovery from the consumer? What’s Reverse Logistics? The preferred...
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...Erp 1. Definition 2. Erp’s relevance in shipping and logistics 3. Greece, Cyprus, Singapore, Thailand. 4. Market players, their relevant share globally and if possible then resp countries. 5. Market size globally and then regionally. 6. Major current trends, future outlook, potential. An organization that has no ERP will be running on many kinds of software that do not allow interaction. Customization also may be difficult it in some cases. This will negatively affect the optimized functioning of organization's business activities. The organization will be facing hardship in many areas of its functions. The engineering design of the software will be needed in order to improve the product, and to follow the client's behavior and choices since the first contact is quite important. Administration of the different receipts interdependence will be very complex, such as invoices regarding materials purchases, general expenditures or salaries. All of these things change when an ERP system is implemented. Information flows constantly and allows you to follow a client's processes at any moment, no matter which part of the process they are going through. Purchases and expenditures are registered in a centralized database which allows you to have close control over these activities. In this regard ERP helps you to prevent possible abuse. A powerfully integrated ERP system enables interactions of marketing, sales, quality control, products processes, supply...
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...and Scrum Master. • Improve software quality, meet customer expectations and reduce defects by supporting proven software quality practices and implementing practical and effective process improvement methods. • Plan and perform effective software testing through a combination of familiar structured test techniques, rapid test practices and test automation where applicable. Experience Summary: ✓ Sound Experience in Full Software Testing Life Cycle (Involvement in Test Strategy, Test cases, Test Scripts/Data, Defect tracking/prevention) and its most of phases e.g. Unit Testing, Functional Testing, Regression Testing, Integration Testing, System Testing and User Acceptance Testing, Ajax Testing. ✓ Adherence to software development life cycle, quality methodologies (ISO 9001/CMM) and best practices of software testing models (Agile Methodology). ✓ Expert in both Manual testing and Automated testing Using tools Selenium - Java. ✓ Experience in Functional & GUI testing in CRM and ERP domain. ✓ Experience in Database Testing (MySql). ✓ Successfully Participated in 32 hrs training on automation tools such as Mercury Interactive Quick Test Pro 9.2, Test Director (QC). ✓ Solid communicator with exceptional team-building skills. ✓ Strong problem-solver, design solutions and assist developers with issues. Employment History: • Over all experience more than six years along with project management. • Working as Sr. Test...
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...ERP is short for enterprise resource planning. Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. ERP software integrates all facets of an operation, including product planning, development, manufacturing, sales and marketing. ERP software is considered an enterprise application as it is designed to be used by larger businesses and often requires dedicated teams to customize and analyze the data and to handle upgrades and deployment. In contrast, Small business ERP applications are lightweight business management software solutions, customized for the business industry you work in. Explore New x86 Cluster Options in This Time of Transition Download Now ERP Software Modules ERP software typically consists of multiple enterprise software modules that are individually purchased, based on what best meets the specific needs and technical capabilities of the organization. Each ERP module is focused on one area of business processes, such as product development or marketing. A business can use ERP software to manage back-office activities and tasks including the following: Distribution process management, supply chain management, services knowledge base, configure, prices, improve accuracy of financial data, facilitate better project planning, automate employee life-cycle...
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...4. Describe virtual world and list their characteristics. A preliminary definition of Virtual Worlds supplied in (Barfield et al., 1995) states that: “Virtual Worlds are interactive, 3-dimensional virtual environments supported by a computer that implement multiple senses which can be used within”. Bartle (2003), gives a more descriptive definition introducing some new features: “Virtual Worlds offer automated rules that enable users to change the world they live in. Users are represented by avatars and interact with each other in real-time. Finally, a Virtual World is shared and characterized of persistence, preservation and duration as it keeps exist and evolve even if the participants do not interact”. The definition supplied by Dickey (2005a) focuses on the fact that 3-dimensional virtual environments differ with each other although most of them implement three common characteristics (illusion of 3D environment, representation through avatars, interaction and communication tools). According to the definitions cited above there is not a single concrete definition that encompasses all the characteristics of Virtual Worlds. These characteristics strongly depend on the point of view, but a common set includes: i) Operation in Real-time (synchronous), ii) Awareness of Space, iii) World’s size, iv) Persistence, v) Networks of people, vi) Use of Avatars, vii) Immersion, viii) Interactivity, ix) Use of Objects (along) with scripting, x) Support of various multimedia types and xi)...
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... CHAPTER OBJECTIVES 1. Develop an understanding of how ERP systems can improve the effectiveness of information systems in organizations. 2. Understand the business benefits of enterprise resource planning (ERP) systems. 3. Understand the history and evolution of ERP. CHAPTER OUTLINE 1. A Foundation for Understanding Enterprise Resource Planning Systems a. The Emergence of Enterprise Resource Planning Systems 1. What is ERP? 2. The Evolution of ERP 3. The Integrated Systems Approach b. Business Benefits of ERP c. ERP Modules d. ERP Design Alternatives e. The Business Case for ERP 1. Cost-Benefit Analysis for ERP 2. Can ERP Provide a Competitive Advantage? f. The Challenge of Implementing an ERP System g. Summary ANSWERS TO END-OF-CHAPTER QUESTIONS Questions for Discussion: 1. Use on-line library databases to identify articles in trade publications which provide case studies of ERP implementations. These articles may provide some insight into each of these questions. a. How widespread is the use of ERP across certain industries? b. What are the benefits reported from implementing ERP? c. What are its limitations? 2. Research and learn about the implementation of ERP. Use trade publications and on-line library databases (e.g. ABI Inform, ProQuest, First Search, Wilson Select Plus, available through your library) to conduct a search for articles. a. Find a success story of ERP implementation. What factors contributed to the success of...
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...Together as Widgets International, Inc., they stand to increase their market share substantially by creating and offering innovative and cost effective assembly solutions globally. (Anderson, Unit1, 2014) ------------------------------------------------- ------------------------------------------------- Purpose and Justification This proposal will explore the requirements for the application and implementation of an easily manageable information system that will be an effective and efficient agent in expanding the organization internationally. To date we have considered the benefits of Internet access, a private Intranet, an Extranet, Supply Chain Management (SCM), Enterprise Resource Planning (ERP), E-Commerce, Product Lifecycle Management (PLM), Customer Relationship Management (CRM), and the current and future infrastructure...
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...PRENTICE HALL MA NAGEMENT INFORMATION SYSTEMS TITLES MIS: Brown/DeHayes/Hoffer /Martin/Perkins, Managing Information Technology 6/e © 2009 JessuplValacich, Information Systems Today 31e © 2008 Kr oenke, Using MIS 21e © 2009 Kr oenke, Experiencing MIS © 2008 Laudon/Laudon, Management Information Systems 10le © 2007 Laudon/Laudon, Essentials of Management Information Systems 81e © 2009 Luftman et aI., Managing the IT Resource © 2004 Malaga, Information Systems Technology © 2005 McKeen/Smith, IT Strategy in Action © 2009 McLeod/Schell, Management Information Systems 10le © 2007 McNurlin/Spr ague, Information Systems Management In Practice 7Ie © 2006 Miller, MIS Cases: Decision Making with Application Software 41e © 2009 Senn, Information Technology 31e © 2004 Database Management: BordoloilBock, Oracle SOL © 2004 Bordoloi/Bock, SOL for SOL Server © 2004 Fr ost/DaylVanSlyke, Database Design and Development: A Visual Approach © 2006 Hoffer/Prescott/Topi, Modern Database Management 91e © 2009 Kroenke/Auer, Database Concepts 31e © 2007 Kroenke, Database Processing 10Ie © 2006 Perry/Post, Introduction to Oracle10g, © 2007 Per ry/Post, Introduction to SOL Server 2005 © 2007 Systems Analysis and Design: Hoffer /GeorgelValacich, Modern Systems Analysis qnd Design 5'/e © 2008 Kendall/Kendall, Systems Analysis and Design 7Ie © 2008 Valacich/George/Hoffer, Essentials of Systems Analysis and Design 31e © 2006 Object-Oriented Systems Analysis and Design: ...
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...applications. Its attempt to integrate all areas of the company function into a single system that can serve different department needs throughout the company. By integrating all business function it helps the company to function more efficiently in the business processes. With the integration of business processes ERP helps to reduce operation cost, such as production and inventory costs, it helps with budgeting, generating more accurate demand forecasts, bill of material, speed production cycles and enhance customer service. ERP system has been growing tremendously since it first introduction, according to a Gartner research in 2005, the total ERP application grew 5.2 percent annually as the market deal with mergers, on demand and technology advances with Europe having the largest segment of the market at 42 percent. The financial application also has an astounding 44 percent of the market, worldwide the market revenue grew 16.7% with a market value of over $20.7 billion although they saw a reduce in market growth to 5.5 percent due to the global recession but had a larger market value at $21.4 billion, it also so a decline of 6% in 2009. Some examples of ERP include SAP, People Soft, Oracle, Siebel,...
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...elsevier.com/locate/jom The impact of enterprise systems on corporate performance: A study of ERP, SCM, and CRM system implementations Kevin B. Hendricks a,1, Vinod R. Singhal b,*, Jeff K. Stratman b,2 b Richard Ivey School of Business, The University of Western Ontario, London, Ont., Canada N6A-3K7 College of Management, Georgia Institute of Technology, 800 West Peachtree St., NW, Atlanta, GA 30332-0520, United States Available online 23 March 2006 a Abstract This paper documents the effect of investments in Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Customer Relationship Management (CRM) systems on a firm’s long-term stock price performance and profitability measures such as return on assets and return on sales. The results are based on a sample of 186 announcements of ERP implementations, 140 SCM implementations, and 80 CRM implementations. Our analysis of the financial benefits of these implementations yields mixed results. In the case of ERP systems, we observe some evidence of improvements in profitability but not in stock returns. The results for improvements in profitability are stronger in the case of early adopters of ERP systems. On average, adopters of SCM system experience positive stock returns as well as improvements in profitability. There is no evidence of improvements in stock returns or profitability for firms that have invested in CRM. Although our results are not uniformly positive across the different enterprise systems (ES)...
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...Radio Flyer is a privately held company based in Chicago, IL, and is a leading wagon and trike maker in the industry. Since the creation of the Original Red Wagon that lent the company its name, the brand has expanded to create scooters, bikes, custom wagons, and other ride-on toys for imaginative play. Radio Flyer designs and manufactures more than 100 award-winning products, available in 25 countries. CHALLENGES: 1. ERP System Replacement: Replace a 15 year’s old ERP system with more scalable solution that supports growth of the company. 2. Integration of System: Integrate global operations into a single platform to streamline supply chain management. 3. Development of business models: Provide full-cycle supply chain visibility into a third-party and contract-manufacturing based business model. 4. Automated machinery: Automate financial drill-down and cost center reporting, while reducing the number of product stock-keeping units (SKUs). 5. Real time Analysis: Access real-time order information and inventory during the fulfillment cycle. SOLUTION: 1. Implemented Oracle’s JD Edwards EnterpriseOne 9.0 to create global supply chain visibility to support operations in Chicago and China, eliminating the primitive use of Microsoft...
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...With most competitors moving ever faster, the race will go to those who listen and respond more intently”. -Tom Peters, Thriving on Chaos Chapter 1: Conceptual Framework for CRM What is Customer Relationship management? Before we begin to examine the conceptual foundations of CRM, it will be useful to define what is CRM. A narrow perspective of customer relationship management is creating a team relationship among sales, marketing, and customer support activities within an organization. Another narrow, yet relevant, viewpoint is to consider CRM only as customer retention in which a variety of after marketing tactics is used for customer bonding or staying in touch after the sale is made. Shani and Chalasani define relationship marketing as “an integrated effort to identify, maintain, and build up a network with individual consumers and to continuously strengthen the network for mutual benefit of both sides, through interactive, individualized and value-added contacts over a period of time”. The core theme of all CRM and relationship marketing perspectives is its focus on co-operative and collaborative relationships between the firm and its customers, and/or other marketing actors. CRM is based on the premise that, by having a better understanding of the customers’ needs and desires we can keep them longer and sell more to them. Growth Strategies International (GSI) performed a statistical analysis of Customer...
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...Chapter7 ANSWERS TO DISCUSSION QUESTIONS How is e-business “redefining old business models, with the aid of technology, to maximize customer value? e-business is more than just buying and selling of products and services through the means of digital media. Whereas e-commerce concentrates on buying and selling, e-business encompasses e-commerce and a whole lot more. For example, e-business includes both front – and back-office applications that form the engine for modern business. e-business is redefining old business models through the aid of technology, to maximize customer value. e-business is the use of the Internet and other networks and information technologies to support electronic commerce, enterprise communications and collaboration, and Web-enabled business processes both within an internetworked enterprise, and with its customers and business partners. 2. Why is there a trend toward cross-functional integrated enterprise systems in business? Cross-functional information systems are integrated combinations of business information systems that share information resources across the functional units of an organization. Integrated systems allow the same data to be used for multiple applications; information output from one function can easily become data input to another function. Only one integrated database needs to be maintained. Many organizations are using information technology to develop integrated cross-functional enterprise systems that cross...
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...ERP Life Cycle Abstract This paper explores ERP life cycle. The main focus of the paper is on fourteen stages of life cycle of ERP System. The analysis includes describing of features of introduction, a preliminary stage, description of business processes, team for introduction, choice of platform, structure of ERP System, choice of the performer and budget, technical task, development of design decisions, integration, training of users, testing of ERP System, trial operation and economic effect of introduction. Critical analysis of all these aspects displays complexity of ERP system and its importance for the enterprise. Its result will depend on many factors, which influence the process significantly. Nobody would deny the fact that life cycle of ERP System is rather long and includes many interrelated stages. Keywords: ERP system, life cycle, introduction, a preliminary stage, technical task, integration, testing ERP Life Cycle Introduction Enterprise Resource Planning System (ERP System) is the corporate information system intended for automation of account and management. As a rule, ERP-systems are created according to the modular principle and cover all key processes of the company activity. It is possible to consider nodular writing of monks as the predecessor of modern ERP systems. Double record was used for transfer economic and statistical data. Historically the concept of ERP developed simpler concepts such as Material...
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