...I found that Chapter 9 Enterprise Systems was not only interesting but one of the most important topics we have gone over in class so far. The article I have chosen is called Putting the Enterprise into the Enterprise System by Thomas H. Davenport of the Harvard Business review. This article, in great detail explains that although enterprise systems are attractive to businesses they do come with some hazards. It also expounds on the fact that companies need to be ready and they need to know what they are getting their selves into because enterprise systems push you toward full integration even if you are not ready. This article outlines the dangers, the allure, and how enterprise systems impact a firm. The author states as his main point, that companies want enterprise systems because it takes data from one department or sector of a business and centralizes with other information which is definitely an attractive asset to companies with data redundancy issues. He also expounds on the risks associated with implementing a fully integrated enterprise system like the price tag, the expertise needed to set it up, configuration difficult, and how the system will affect the business. The article is important because it gives you the advantages and disadvantages of implementing an enterprise system. Many of the other articles I had to choose from only gave the advantages of an enterprise system so, me wanting to play devil’s advocate wanted to find something that would give...
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...1998. They were losing money in many divisions. * Tektronix was looking to maintain a competitive presence in the market * Company’s future success depended on ability of CFO to simplify and restructure operations by selling off unprofitable businesses, integrating new acquired businesses, changing business processes and increasing visibility into operations * They had very old technology with unintegrated systems that created numerous business problems 2. Why did Textronix implement ERP in stages? How should a company decide between implementing in stages or going big-bang? (25%) They implemented the system in stages because: * The system was very complex due to the number of divisions involved and the need to implement it world-wide * By using this approach they were able to learn from early experiences and gain quick acceptance from the stages that were implemented first Going with the big bang approach is very risky. If the system fails there is often no way to recover. So, it should only be used if the company must shut down one system and start the other immediately in ALL parts of the company. 3. How did Textronix manage the risks of ERP implementation? (30%) They managed the risks by: * Having a single coherent guiding vision (“Frankfurt is Orlando”) * Creating a global business model * Using the “waves” approach * Using a single software vendor * Providing visible senior management support * Using a steering committee ...
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...Division (MBD): Worldwide leader in oscilloscopes - more than twice the market share of its next largest competitor; worldwide leader in television test, measurement and monitoring equipment * Color Printing and Imaging Division (CPID): market leader for workgroup color printers * Video and Networking Division (VND): video production, editing and transmission products, and storage and playback systems Key Business Drivers * Financial performance was suffering; gross margin had decreased from 42.9% in 1997 to 41.5% in 1998. * Tektronix was looking to maintain a competitive presence in the market * Company’s future success depended on ability of CFO to simplify and restructure operations by selling off unprofitable businesses, integrating new acquired businesses, changing business processes and increasing visibility into operations Initiative Objectives / Benefits Objectives | Benefits | Separate the needs / requirements of each division, but enforce standardization within each division | * Each division would have its own instance of the system for its customer fulfillment process * The requirements of one division would not drive the practices of another * ‘Frankfurt is Orlando’ | Leverage shared services: tie divisions together with central customer registry, consolidated set of books and single item registry | * Each division could provide a global, up-to-date view of financial status * Apples-to-apples comparisons...
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...CHAPTER 1 PROJECT OVERVIEW Project Background Willard Enterprises started in January 5, 2004 with only a handful of equipment and some basic school supplies and catered to its primary client, the Polytechnic University of the Philippines (PUP) College of Engineering and Architecture students. Aside from school supplies, the enterprise primary offers ring binding, photocopy, fax service, printing services, photo printing, and iced cold beverages. Today, Willard’s Enterprises extends the business by putting up a printing business (which specializes in CAD plotting, large format printing, and blue printing), added engineering & architecture supplies and events Management Company. The study focuses only on operations involved in the sales and inventory of products, related to school and office supplies. With this, several problems were identified. Errors in the manual computation for sales and discounts are often experienced. This results in inconsistency of information and worse wrong or lost sales. Also, difficulties abound for matters related to stock and its inventory. Since manual operations are also facilitated for operations such as recording and updating of stock level, it was noted that unreliable information are generated. This issue affects an even more crucial activity, that is, the generation of purchase order. Willard’s Enterprises is having difficulty in maintaining the continuity of purchase order number, delivery notes, and statement of accounts...
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...Free enterprise system is an economic system, in which everyone has the right to own property and participate in economic activities of his choice and for his own benefit. Free enterprise is an economic system characterized by the citizens’ right to ownership of capital and property, as well as the right to engage in business with minimal government interference. Free-enterprise is characterized by the innovative way of thinking. Free-enterprise system is presented as the system full of people with full freedom in making any decisions, including economic ones. An entrepreneur is someone who in visions it and it happens and anyone else who believes it will happen too. Mark Zuckerberg is the Co-founder and CEO of Facebook and is known as the...
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...planning and strategy. Answer for Question 1 ERP covers the overall processes of the whole organization from front-office to back-office operations. It supports internal supply chain within an enterprise. SCM basically are processes involving bill of materials, manufacturing, inventory, warehousing, and logistics. It support just certain part of internal supply chain. In certain industries, such as manufacturing, freight forwarding, and logistics providers, SCM is a subset of ERP. Therefore, for small companies like NDI, it’s more efficient and effective to implement one system, namely ERP, instead of more SCM systems. Because if a small companies like NDI only implements SCM instead of ERP, they have to expand to another system such as HRM (Human Resources Management), FM (Financial Management), and PB (Planning and Budgeting), if the company’s demand of business process is exceeding the system that supports it. Furthermore, ERP software support several functionalities for SCM, and small companies like NDI could choose which functionalities they would like to implement, i.e. Supply Chain Management, Human Resource Management, Financial Management, or Planning and Budgeting. Also, unlike SCM applications, ERP system of new generation provides new opportunities for enterprises in (near) future: to connect to their business partners, to integrate new functionalities (open ERP), to use Internet capabilities, to integrate with CRM solutions, etc....
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...IT so far has managed to be successful so their reputation is good in the community that they serve. Although Club IT has managed to be successful with their current operating system it is necessary to improve business operations in Club IT in order to grow and also to expand to the next level. While noticing what areas that can be improved on and then developing a plan of action for those improvements Club IT will become more efficient in serving its customers and to attract new customers. Some of the things that I have noticed are that Club IT customers are mostly of the Net Generation meaning that they regularly use mobile technologies. I noticed that Club IT has yet to take advantage of the many e-commerce activities available in dealing with suppliers and guest. Finally Club IT sells advance tickets for special Friday and Saturday night concerts by phone or also in person. Upgrading in their information technology (IT) system can improve aspects of their business. Club IT can specifically use an upgrade in the Supply chain and Customer relationship management systems in my opinion. Enterprise resource planning (ERP) software that fully integrates the system can make the two IT systems more efficient. To have more control over inventory Club IT must implement the Supply chain management system (SCM). Reuben and Lisa are currently reordering supplies when they see they are low and sometimes they order extra surplus and sometimes they do not order enough. This a very...
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...ROLE OF ENTERPRISE INFORMATION SYSTEMS IN THE PROCUREMENT PROCESS Ashley Wright What is procurement? Steps taken to acquire raw materials or finished goods Also known as “Requisition-to-pay” process People, data, documents and information are essential components of procurement Who relies on procurement? Manufacturers Raw Legal/ Purchasing Contract Materials B2B Model Management Vendor Management Resellers Finished Goods B2C Model Purchasing Cost Business owners, management and shareholders Consumers Analysis Inventory Analysis Business Models B2B commerce- Business-to-Business When a business sells directly to another business Includes transactions for raw materials & finished goods Examples: Wood to make a skateboard, helmet, first aid kit B2C commerce- Business-to-Consumer When a business sells directly to the consumer Includes online transactions or internet retailing Examples: Airline tickets, eBay, Wal-Mart online Raw Materials to the Consumer Business-to-Business Business-to-Consumer Producer Manufacturer Distributor Retailer Consumer Business-to-Business (B2B) Commerce Manufacturers use B2B commerce to: Acquire Raw Materials from a Producer Manufacturer assembles raw material into a good End product sold to Distributor or Reseller Resellers use B2B commerce to: Acquire Finished Goods from a Distributor ...
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...ERP in Automotive Industry…………………………………..…………… 05 5. ERP implementation Business Risks in Automotive Industry………….….. 07 6. Evaluation and Conclusion…………………………………………………. 08 7. Reference…………………………………………………………………… 10 8. Bibliography………………………………………………………………... 13 9. Appendix………………………………………………………………….… 15 1. Introduction Last few decades there is a rapid change in IT sector which created impact on business organisations and there is a wonderful gift from IT sector is Enterprise Resource Planning System Software (Mazzawi R, 2014). Enterprise Resource Planning (ERP) system has been increased in using in developed countries by large companies, government corporations and in other different industries. And there is a wide adoption of Enterprise Resource Planning System (ERP) in organisational management to improve their performance and productivity (Otieno J, 2010). Recently different companies turning into the implementation of Enterprise Resource Planning System to improve performance, better service to the Customer’s response, efficient control in their accounting, supply chain and inventory management. ERP is a set of software module helps a company to their business aspects collect data from various business processes and...
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...these technology we have come to love. However, with the demand for communication technology on the rise so is the need for additional security. This paper will look at the implementation of VoIP and the necessary security needed in the Enterprise for transmission of safe commination. In addition, this paper will also explain the many advantages and disadvantages (risk) of using a technology such has VoIP in the Enterprise. Implementation Tips VoIP can be very successful in the enterprise if it is done properly using the right techniques and technology that is the right fit for the organization. On the other hand, it can be very unsuccessful and a huge failure. Some companies when considering implementing voice over IP they fail to first make sure that the system is working properly before putting aside their grandfathered system, such as private branch exchange (PBX). As with any new technology VoIP too has security risk. Therefore, companies must also take into account the correct security policies before they implement VoIP which will aid the company in having a better protected device (Thermos, 2009). In addition, implementing security protocol should be an essential part when considering making the switch from traditional phone systems, and should...
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...State-Owned Enterprises played a key role for the economic growth of China. And it was compulsory for the Chinese government to introduce market-Oriented reforms to this sector. These reforms actually caused the central government to lose its control over them and making the SOEs subjected to greater market control, independent entities & more checks and balances on the performance. However the targeted goals of SOE reforms are still to be achieved to make these SOEs the “modern enterprises”; a goal set by the government in 1990’s reforms era. However with the passage of time, it is becoming a challenge for the Chinese government to undertake furthermore market-oriented reforms, since China is facing challenges such as structural slowdown linked to diminishing working age population due to birth control policies and fading advantages of previous reforms. Keeping the fact as a major concern and consideration, the new Chinese leadership has started thinking and has agreed to fact that improved resource allocation is the key to high productivity out. This article is an effort to argue the China’s approach to redefine its SOEs along with the effort to grow its economy globally. Unlike China’s Cultural Revolution these reforms has been evolutionary. The model where the non-state sector is growing faster than the state-sector will create difficulties for the Chinese economy in future as still State-owned Enterprises consists the major percentage of Chinese Enterprise sector. This...
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...Lean Enterprise Organization Application ISCOM472 – Lean Enterprise January 25, 2016 Describe two core elements of Lean Enterprise that can be used to improve your organization Every organization can benefit from all five of the lean enterprise principles. The two core elements that I selected from Lean Enterprise that can be used to improve the salon at which I work are: 1) identifying value from the client’s perspective, and 2) mapping the value of stream for our services. It is imperative that we listen to our clients and pay attention to what they consider important, if we would like to retain them. The majority of our customers are pleased with our services and prices. Given this fact, I still believe that if we survey them, we might find that there are additional value-added services that they would appreciate which would make them more likely to remain loyal to us. Likewise, if we identify all of the steps in the value stream for our services and products, I am sure that we would find areas that do not create value for our clients or our organization. These areas can be streamlined or eliminated in order to give our clients the most pleasant experience from the moment they book their appointments until they leave the salon with their hair looking beautiful and their purchase of professional retail product in hand. Compare and contrast Six Sigma and TQM to Lean Enterprise I chose to compare and contrast Lean Enterprise with Six Sigma and TQM because although...
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...INTRODUCTION Generally, there are two categories of small and medium enterprise (SME) in Malaysia. The first category comprises agriculture, services, information and communication technology (ICT) with less than 50 full-time employees or annual sales turnover fewer than RM 5 million. The second included manufacturing and agro-industries with less than 150 full-time employees or annual sales turnover not exceeding RM25 million. Small and medium sized enterprise (SME) is the engine for economic growth. Development of SME brings technology development and employment creation. Michael and John (1998) have noted that relative to larger firms, SMEs are well prepared for facing the challenges of increasing competition and globalization of markets. Planning is usually done first by entrepreneur when decided to start a SME. This is because everything else will be depends on the planning makes by the entrepreneur. A business plan plays an important role in obtaining funds and as a blueprint for the enterprise operates towards success. As Peel and Bridge (1998) and George and Jonathan (2002) reported, there is a strong connection between the success of a SME and its long-term planning. In Malaysia, National SME Development Council (NSDC) was established in June 2004. It acts as the highest policy-making body to chart the direction and strategies comprehensive and coordinated development across all sectors of the economy. Some examples of successful SMEs in...
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...Assignment Cover Sheet Student Name: Student Number: Fabiana Vieira Severino Unit Name: 252775 Unit Code: School of Business Charles Darwin University Casuarina NT 0909 Phone: (08) 8946 6830 Strategic Management Accounting Lecturers Name: CMA302 Kevin J CLARK Assessment Title Semester: Year: Assignment Due Date (dd/mm/yyyy): Lodgement Date (dd/mm/yyyy): Applied for Extension: N/A NO One 16/05/2014 YES – to 2014 (dd/mm/yyyy) 16/05/2014 Lodgement Locations: (refer to specific lodgement requirements as set out by the lecturer) DO NOT LODGE BY FAX nor EMAIL nor at LECTURER’S OFFICE • The assignment must be lodged online via the Learnline Assignment Lodgement link on the Learnline site for this unit. Ensure your file is named using a file naming convention that allows the lecturer to identify to whom it belongs. Failure to use an acceptable file naming convention may result in your assignment lodgement being rejected. Refer to the endnotes of the assignment details for lodgement options if the Learnline Assignment Lodgement link for this unit is unavailable. • KEEP A COPY Ensure you have a copy of the assignment lodged. If you have submitted assessment work electronically please make sure you have a backup copy. DECLARATION BY STUDENT I certify that this assignment is my own work, based on my own personal study and research, and that I have acknowledged all material and sources in the preparation of this assignment, whether...
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...about the evils of “capitalism”. But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United States today, and what most of the world is living under, is much more accurately described as “corporatism”. Under corporatism, most wealth and power is concentrated in the hands of giant corporations and big government is used as a tool by these corporations to consolidate wealth and power even further. In a corporatist system, the wealth and power of individuals and small businesses is dwarfed by the overwhelming dominance of the corporations. Eventually, the corporations end up owning almost everything and they end up dominating nearly every aspect of society. As you will see below, this very accurately describes the United States of America today. Corporatism is killing this country, and it is not what our founding fathers intended. Corporatism is actually not too different from socialism or communism. They are all “collectivist” economic systems. Under corporatism, wealth and power are even more highly concentrated than they are under socialism or communism, and the truth is that none of them are “egalitarian” economic systems. Under all collectivist systems, a small elite almost always enjoys most of the benefits while most of the rest of the population suffers.The Occupy Wall Street protesters realize that our economic system is fundamentally unjust in many ways, but the problem is that most of them want to trade one form...
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