...Analysis IV. Conclusion V. Works Cited Executive Summary: More healthy products are needed because in this day and time people care about their health. People are searching for ways to help them loss weight to a supplement to help with an existing disorder. Essential products will be available online because there will be enough supply to meet demand. The demand will be all the people trying to live healthy lives. New products will be added as the site becomes more popular. The site will be able to provide the people with information about the new product. Permitting them to efficiently learn about what they are purchasing. All consumers could benefit from the website with more information on value for money in health care products. Despite the importance, there has not been a systematic and rigorous process in place to develop and improve efficiency measurement as there has been for other domains of performance. Recognizing the importance of improving efficiency measurement, and helping the consumers think about what they should consume on a daily basis. All About Your Heath will offers a wide variety of body healing products. The website aspect of the business will provide both males and females with any type of health product for their issue. Example would be if someone is looking for a alterative way to handle arthritis. The business will be devoted to providing the best internet...
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...Business Plan Of Summit Rx Inc Table of Contents 1.0 Executive Summary 3 1.1 The Products 4 1.3 Mission Statement 5 1.4 Management Team 5 1.5 Sales Forecasts 6 1.6 Expansion Plan 7 2.0 Company and Financing Summary 8 2.1 Registered Name and Corporate Structure 8 2.2 Financial Position 8 2.3 Investment 10 2.4 Management Equity 10 3.0 Products and Services 11 3.1 Online Sales of Products. 11 Baby Care 11 Grocery 11 Personal Care 11 OTC Medicines 11 Cosmetic 12 Fitness Centre 12 3.4 Shipping and Handling Fees 12 4.0 Strategic and Market Analysis 13 4.1 Economic Outlook 13 4.3 Customer Profile 13 4.4 Competition 14 5.0 Marketing Plan 17 5.1 Marketing Objectives 17 5.2 Marketing Strategies 17 5.3 Pricing 18 The Company believes in healthy Competition, so we will offer our Products at competitive Price. The Company will offer discounts on the large order or at wholesale Quantity. 18 6.0 Organizational Plan and Personnel Summary 18 6.1 Corporate Organization 18 6.2 Organizational Budget 19 6.3 Management NOTE: 20 7.0 Financial Plan 23 7.1 Underlying Assumptions 23 7.2 Sensitivity Analysis 23 7.3 Source of Funds 24 7.4 General Assumptions 24 Monthly Sales Revenue (PROJECTED) 25 Yearly Sales Forecast 26 7.5 Profit and Loss Statements 27 Executive Summary The Summit, RX Inc. (hereafter, “The Company”) business plan provides the structure and focus against which we can measure future financial...
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...e-Health in South Korea e-Health: Strategy and Best Practices In contrast to its e-government and general e-service strategies, Korea’s e-health program was regarded by the WHO as only moderately effective in 2006. Despite starting in 2003 the Korean Program has only now beginning to gain momentum. Up until 2008 the e-Health Association has developed led by the Ministry of Commerce, Industry and Energy have focused on developing on what it sees as the five core pillars for a successful u-Health industry by 2013. These areas are: Standardization Law and policy planning and reform Human resource development, e.g. access to medical knowledgeR&D for e-health products International collaboration Despite some work by the various Ministries on defining their domestic requirements in terms of electronic health records , e-prescriptions, etc., there has been little real progress on e-health in Korea and many healthcare facilities lack appropriate ICT based information tools. According to a consumer survey in 2007 the poor level of informatization in healthcare this apparent lack of progress can be attributed to the fact that e–health was not seen as part of the overall e-government strategy and the structure and parlous state of the health sector in Korea following the rapid introduction of universal health insurance. Following the reorganization of government ministries in 2008 (under the new government administration); e-health attention has begun to focus on...
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...INFRASTRUCTURE February 13, 2012 La Shanda Perry Week 5 Assignment This paper will go over the e-commerce or e-business services are available though the current web portal of Patton-Fuller Community Hospital, and compare and contrast the services that other hospital websites make available. Also, this paper will show how a web portal can expanded to provide outside vendor services like Just in Time pharmaceutical replenishment, inventory updates, and financial services. Finally how the use of social networking sites like Facebook might expand or benefits hospital reputation and community base. Well, the problem is Patton-Fuller Community Hospital doesn’t have any kind of e-commerce/e-business services within the hospital. The only thing that Patton-Fuller Community Hospital is upgrading is their emergency room waiting area. This would be a great opportunity for the hospital because it will show people that the hospital is trying to do their best to take care of their patients with the most updated technology possible. Many hospitals around the world are implementing all kinds of new e-business technology. Some hospitals use e-business tool to automatically place orders with all vendors, eliminating the need for staff members to phone in or input daily orders and create paper based purchase orders and invoices. Here is an example in which more than one hospital can use e-business to save a life. In an article written February 9, 2010 Tina Palomino woke up at 1 o’clock...
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...Consequently, they pursue significant cost-cutting measures across the organizations to reduce costs without diminishing the efficiency and quality of patient care. One of the measure healthcare providers can seek is the elimination of inefficiencies in the medical products supply chain. Healthcare providers spend excessive money on ordering expensive and unnecessary inventory. According to Pennic (2013), “supply chain represents 40 to 45 percent of hospital or healthcare operating cost.” This exhibits that healthcare organizations cannot afford to incur a further loss due to wasted products. In fact, if providers try to analyze supply chain data initially, then they can eliminate excess inventory and better handle the supply levels of required products. This can result in a noticeable decline in the loss generated from wasted, lost or expired products. Also, the healthcare organizations need to allocate...
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...add value at business level to ensures that performance and conformance go hand in hand. The group started as a pharmaceuticals and trading enterprise in 1948. Over the ensuing Decades the organization has transformed itself in to one of the Sri Lanka’s largest and most renowned firms. Over the last decade the group has been singularly focused on growth a strategy that enabled it to emerge as a leader in many of the sectors that its involved in. However, Hemas most successful Small Business Unit (SBU) is FMCG Sector Revenue and Profit Contribution as at 2012. |Sector |Revenue % |Profit % | |FMCG |31 |37 | |Health Care |35 |19 | |Leisure |6 |4...
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... Kaushal Vaidya (101320) Nupur Shah (091233) Literature review Health-related e-services can be customized to the needs of different customer groups and as such have the potential to improve delivery efficiency and increase customer satisfaction and loyalty. Following the emergence of the internet along with its rapid adoption, there has been an information revolution of immense importance. E-services can be utilized as a business tool to gain competitive advantage, to permit faster and on demand response to customer enquiries, to improve internal efficiency and productivity, and to reduce transaction cost. E-services are important to organizations because they can strengthen relations between customer and service provider and thereby improve customer satisfaction. A large number of industries have so far profited greatly from the possibilities of e-services. Successful examples include online banking, online stock trading systems, online travel planning and web search engines. Successful e-services have the potential to, among other things, provide overview, increase communication efficiency, integrate people in their health management and aid in the improvement of healthcare networks. However, the adoption of e-services in the healthcare sector has been rather slow or negligible. While the benefits...
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...Introduction Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was founded by Sachin Bansal and Binny Bansal in 2007. In its initial years, Flipkart focused on online sales of books, but it later expanded to electronic goods and a variety of other products. Flipkart offers multiple payment methods like credit card, debit card, net banking, e-gift voucher, and the major of all Cash on Delivery.[3] The cash-on-delivery model adopted by Flipkart has proven to be of great significance since credit card and net banking penetration is very low in India. History Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi. They worked for Amazon.com before quitting and founding their own company. Initially they used word of mouth marketing to popularise their company. A few months later, the company sold its first book on flipkart.com—John Woods' Leaving Microsoft to Change the World. Today, as per Alexa traffic rankings, Flipkart is among the top 20 Indian Web sites and has been credited with being India's largest online bookseller with over 11 million titles on offer. Flipkart claims to have had at least 100% growth every quarter since its founding. The store started with selling books and in 2010 branched out to selling CDs, DVDs, mobile phones and accessories, cameras, computers, computer accessories and peripherals, and in 2011, pens & stationery, other electronic items such as home...
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...around the world save money and live better -- anytime and anywhere -- in retail stores, online and through their mobile devices” (Corporate Walmart2, 2014, p.1). Samuel Walton founded Walmart in 1962 as a small chain of stores in rural towns and today Walmart is a multi-national retail corporation with “11,100 stores under 71 banners in 27 countries and e-commerce websites in 11 countries” (Corporate Walmart2, 2014, p.3). Walmart Stores topped Fortune Magazine’s “Fortune 500” list for 2014. “For fiscal year 2014, Walmart’s net sales totaled $473.1 billion, up 1.6% from the year-earlier period” (Fortune, 2014, p.1). Walmart is a publically traded company, with the second and third generation Walton family owning 51% of Walmart’s shares via a family holding company called Walton Enterprises LLC (Yahoo Finance, 2014, p.1). Walmart has enjoyed unprecedented growth in the span of 52 years, even in the face of negative publicity and threats from competitors like Family Dollar and Amazon. Walmart’s CEO, Doug McMillon, has laid out strategies to reduce their reliance on physical stores as they move towards expanding the e-commerce aspect of their company and on improving their overseas expansion plans. His four-part growth strategy provides the framework to enable a “company prepared to win on four key customer dimensions – price, assortment, experience and access” (Walmart1, 2014, p. 1). Walmart Stores, Inc. I. Current Situation Walmart is the world's largest retailer...
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...EXECUTIVE SUMMARY: Company Description Affordable Health Insurance is a company offering comprehensive medical, dental and life insurance online. In today’s world where Internet, social media and web surfing has become so globalised the company offers a service online which is easy to access, does not consume much time, offers comparable rates at no cost to the consumer. Having health insurance is important for several reasons. Uninsured people receive less medical care and less timely care, they have worse health outcomes, and lack of insurance is a fiscal burden for them and their families. Moreover, the benefits of coverage outweigh the costs for added services. Mission statement: “QUALITY YOU CAN COUNT ON” The company’s mission is to provide quality, compassionate, and professional health care that is affordable, easily accessible and without discrimination to all. The company is dedicated to building a long term relationship with customers through quality service and support. Service viability in an online Environment Affordable Health Insurance is a company offering comprehensive medical, dental and life insurance online. In today’s world where Internet, social media and web surfing has become so globalised the company offers a service online which is easy to access, does not consume much time, offers comparable rates at no cost to the consumer. The products include medical, dental and Life insurance giving the consumer affordable and a vast variety of...
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...Strategic procurement – an overview In the vast majority of organisations, procurement has evolved from a transactional function to one which is contributing to the current and future health of the organisation. Procurement Teams have done this by adopting a strategic approach to managing procurement. Below is a list of commonly used strategic procurement tools that will aid decision-making and support the efforts of commissioners. 1. Spend analysis 2. Collaborative procurement 3. Procurement strategy and plan 4. Category Management 5. Supplier Relationship Management 6. Supply/Value Chain Analysis 7. Competition 8. e-Procurement 9. Standard Terms and Conditions of Contract 10. Framework agreements 11. Preferred supplier lists 12. Sustainable procurement In addition the following section contains information on how to apply the tools above: 13. Applying Strategic Procurement Tools in Practice 1. Spend analysis When used at a strategic level this is a powerful and invaluable tool for identifying and manipulating detailed spend data by, for example, category, provider, cost unit and time period and combinations/permutations of these. This information is the key foundation for other strategic procurement decisions such as category management, supplier relationship management and the procurement strategy. It forms an important part of resource mapping and planning as it allows organisations and their commissioning...
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...Grocery Shopping using e-Commerce portal Imagine doing all your weekly grocery shopping at your convenience from your home or office and then collecting the groceries at your door step at a time slot selected by you. Imagine all the savings in terms of time, effort and money. You will also save your selves from battling traffic, finding parking, hopping from shop to shop till you get everything on your list, long queues at checkouts and carrying bulky bags etc. New startup like LocalBanya.com is helping us to realize this possibility of doing grocery shopping using their ecommerce portal. Mumbai-based LocalBanya, founded in 2011, handles a product portfolio that is 14,000 strong and growing every day. LocalBanya boasts of bringing to its consumer’s doorstep a myriad of products – groceries & staples, fruits & vegetables, beverages, household supplies, personal care products, dairy products, pastas, chocolates, cosmetics, baby products, OTC health care products & so much more! The company plans to extend operations to three cities out of several prospective operating territories -- including Delhi, Chennai, Ahmedabad and Pune by March 2015. LocalBanya holds down its inventory levels to a minimum by sourcing goods directly from wholesale markets and maintains an on-time delivery rate of 95% through efficient navigator-based route-planning. LocalBanya is now negotiating with agricultural cooperatives about the possibility of direct purchases and is contemplating...
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...to improve patient care. The use of EHRs physicians and providers can develop an improved and complete patient information records. Electronic Health Records are legible, complete documentation that facilitates can accurately do coding and billing as well as interfaces with labs, registries, and other EHRs easily. While also improving their ability to make well-informed treatment decisions quickly and safely. Reliable access to complete patient health information is essential for safe and effective care. EHRs place accurate and complete information about patients' health and medical history at providers' fingertips. With EHRs, providers can give the best possible care, at the point of care. This can lead to a better patient experience and, most importantly, better patient outcomes. Practices also report that they utilize extracted reports on patient and disease registries to track patient care as well as facilitate quality improvement discussions during clinical meetings. EHRs Support Provider Decision Making EHRs can help providers make efficient, effective decisions about patient care, through: * Improved aggregation, analysis, and communication of patient information * Clinical alerts and reminders * Support for diagnostic and therapeutic decisions * Built-in safeguards against potential adverse events Health Care Convenience Matters Providers with busy practices—and patients with busy lives—appreciate convenience in their health care transactions. EHRs...
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...E-Business (QRT2) Task 1 Proposal for Online Business Expansion Helen Elizabeth Luney Western Governors University A1 Viability of Product Doggie Grooming Parlor is a rapidly growing business in downtown Cassville Missouri, which develops the majority of its income from the Day care and obedience training. This facility, also offers grooming, shampooing, and nail clipping. The company has also developed a shampoo, conditioner and tooth paste, made from only organic product. Which is only available for sale to the grooming parlor customers. These products are not being promoted at all, so potential revenue is being lost. At this time the company does not have an online strategy; it has a single web page with a referring email and telephone number. While growth in the local market is strong, the company is mindful of the potential for expansion with their products. More importantly, it is clear based on the success of these products; that there is a tremendous opportunity for growth in their sale by expanding beyond their local area. With the size of the business and limited capital, it would be beneficial for this company to develop an online marketing expansion strategy. The online setting offers several benefits and is highly compatible with the Doggie Grooming Parlor Examples being. * The company will be able to reach potential new customes across the country, and the rest of the world. Using an online marketing strategy, all without the need of retail middle-men...
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...QUIZ 1: Explain the benefits and limitations of E-commerce. Ecommerce or electronic commerce: involves carrying out business over the Internet with the assistance of computers, which are linked to each other forming a network. To be specific Ecommerce would be buying and selling of goods and services and transfer of funds through digital communications. THE BENEFITS OF USING E COMMERCE Benefits to Organizations • Using E-Commerce, organization can expand their market to national and international markets with minimum capital investment. An organization can easily locate more customers, best suppliers and suitable business partners across the globe. • E-Commerce helps organization to reduce the cost to create process, distribute, retrieve and manage the paper based information by digitizing the information. • E-commerce improves the brand image of the company. • E-commerce helps organization to provide better customer services. • E-Commerce helps to simplify the business processes and make them faster and efficient. • E-Commerce reduces paper work a lot. • E-Commerce increased the productivity of the organization. It supports "pull" type supply management. In "pull" type supply management, a business process starts when a request comes from a customer and it uses just-in-time manufacturing way. Benefits to Customers • 24hour support. Customer can do transactions for...
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