...streamline human resources system that can facilitate the growth at the same time save money and assist employees. Objective The objective of this project is to implement the new Human Resources Information System in order to improve and streamline various aspect of employee information. Success Criteria or Expected Benefits The expected benefits of this project are as follows: Improved Recruiting. Savings due to automatic calculations. Savings due to auto-fill functionality. Funding $103,000 has been budgeted for procurement and implementation of this HRIS. Major Deliverables The major deliverables for this project are as as follows: Work Package Deliverable Recruiting Requirements Analyze and monitor applicant pool Career Self-Service Module Allows employees to track their career trajectory Mail merge Capabilities Ability to interface with forms to reduce data entry. Payroll Capabilities Integration...
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...Business Case for HR Self Service Systems Table of Contents Executive Summary 3 Project Overview 3 Business Case for Proposed Project 4 Conclusion 5 References 5 Executive Summary This paper addresses the business case for implementing self service in the IT industry with the aim of gaining higher efficiency for a majority of HR functions and other benefits that can be derived from improved information access. The paper also discusses the various challenges an organization might face while attempting to implement self-service. The business case for self service revolves around reducing administrative costs and gaining better efficiency. It also aims at improving the overall performance and other benefits such as information management, trend analysis and also operational efficiency. The chief argument presented here is that a self-service initiative allows the HR to concentrate more towards the core functions such as people management instead of getting burdened with administrative tasks. While self-service has the ability to improve the service expectations from HR, it may also result in some of the savings being consumed in order to meet the higher quality expectations. However, on the long run, it is bound to reduce expenses to a great extent while enhancing the quality. Self-service also enables an organization to implement flexible work and helps employees to remain connected with the organization through a centralized HR system aimed at remote...
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...this project is to implement the new Human Resources Information System in order to improve and streamline various aspect of employee information. Success Criteria or Expected Benefits The expected benefits of this project are as follows: Improved Recruiting. Savings due to automatic calculations. Savings due to auto-fill functionality. Funding $103,000 has been budgeted for procurement and implementation of this HRIS. Major Deliverables The major deliverables for this project are as as follows: Work Package Deliverable Recruiting Requirements Analyze and monitor applicant pool Career Self-Service Module Allows employees to track their career trajectory Mail merge Capabilities Ability to interface with forms to reduce data entry. Payroll Capabilities Integration of payroll system Employee self service Employee’s ability to self serve time cards, track vacation and sick hours, open enrollment and manage their information Performance review and compensation...
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...resources system that can facilitate the growth at the same time save money and assist employees. Objective The objective of this project is to implement the new Human Resources Information System in order to improve and streamline various aspect of employee information. Success Criteria or Expected Benefits The expected benefits of this project are as follows: Improved Recruiting. Savings due to automatic calculations. Savings due to auto-fill functionality. Funding $103,000 has been budgeted for procurement and implementation of this HRIS. Major Deliverables The major deliverables for this project are as as follows: Work Package Deliverable Recruiting Requirements Analyze and monitor applicant pool Career Self-Service Module Allows employees to track their career trajectory Mail merge Capabilities Ability to interface with forms to reduce data entry....
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...The role of self-service technology within service retailing Since the beginning of time, commerce and trading has been at the center of society. As a vital part in the societal mechanism, commerce has evolved along with it. If in the beginning commerce involved an exchange between two people acting as the two parties, nowadays, in the era of technology, goods and services can be bought (or exchanged) without the physical existence of the seller. This is how e-commerce has begun, through the aid of self-service technology. According to Gable (1985), technology nowadays is changing rapidly. Retailing today is part of an era where top of the line technology is available for all and is developing fast, where companies make billions of dollars annually. The challenges in the retail section have never been greater. Consumption is increasing, despite the current situation of the economy worldwide. Expectations are rising and new market channels bring around new opportunities for retailers. However, with new opportunities comes a higher completion as well. A self-service technology is an object which allows every customer to interact with a self service software that puts the control into the hands of the customer. And there is no better example for this than the e-commerce mentioned above. The freedom to choose when, where, what, at what price to buy goods or services (think about planning your vacation and using the internet to make airplane, hotel or certain monument reservation)...
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...Blockbuster Express available in any internet connected space, but is also confined to the single device that the movie was downloaded to thereby losing the mobility that a DVD possesses. While it addresses the demand for convenience, it encounters limitations because only 12% of this online library is available for streaming (57) Also, many customers have noticed quality flaws with video streaming making it less desirable despite heightened convenience. In regards to price, Netflix rental system requires a monthly subscription for $9.00 which includes unlimited downloads for that period. While ourage frugal Netflix offers a different approach customers, it promotes a more loyal customer than redbox and Blockbuster Express with its base. in-home streaming of movies. Netflix streaming has the advantage of being 19 | Page Movie Renters In the past few years, researchers have studied the spending habits of DVD rental users...
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....46-48 Appendix II………………………………………………………………….…49-55 References………………………………………………………………………56-57 Will Haven, Lucy Ross, Jessica Stephens, Lauren West & Bonnie Willard Redbox is leading the way in the premier industry of DVD rental kiosks. With Coinstar as its established parent company, redbox is currently surpassing its competitors with its number of self-service kiosks. Redbox’s growing popularity is facilitated by its physical distribution, which places the kiosk in high traffic locations such as WalMart, Kroger, McDonalds and Walgreens. Due to redbox’s standing as the progressive option for DVD rental, its decision to target the 18-24 year old demographic was evident. This demographic embodies the idea of innovation, experimentation, and dependency on technology, all of which are imperative to transform an introductory product into a nationwide brand. The following report provides secondary and primary research in order to construct an accurate glimpse of redbox and its emergent status within the 18-24 year old target market of the DVD rental industry. This report includes the description and results of eighty self-administered surveys completed by samples of the target market. Based on an analysis of these results, the report concludes with recommendations designed to assist redbox in more effectively reaching its 18-24 year old target market. 1|Page Industry Size: Revenue & Product...
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...The company I have chosen to do the external environment scan is Redbox. Redbox is in the movie rental business via self service kiosks. Redbox is wholly owned subsidiary of Coinstar Inc. Laws and Regulations: There are some specific laws and regulations under which the movie rental business like Redbox should operate. But due to the growing popularity of renting videos through mail, online and kiosks, most of these laws will probably have to change or modified to fit the new way of people renting and watching movies. Age of Renters – This law for who can rent specific videos follow the same guidelines set by Motion Picture Association of America. These guidelines are based on their content, language, sexuality, violence and themes. Privacy Laws – This law protects the video rental records of individuals as the records can be damaging to a person’s reputation and they cannot be disclosed without written consent. Public exhibition – Videos and DVDs are not allowed to be publicly exhibited outsides of a persons home unless for non profit use or educational purposes without a license. Federal Copyright Act – This law governs how copyrighted materials can be used and distributed. The movie studios who own copyrights are the only parties who are authorized to license sites to display movies for protection of their intellectual properties. Antitrust laws – these laws promote or maintain market competition by regulating anti-competitive conduct by prohibiting...
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... | Analysis of Redbox University of Saint Mary Cairo Team November 9, 2012 Redbox Coinstar, Inc., through its subsidiaries, provides automated retail solutions primarily in the United States, Canada, Puerto Rico, Ireland, and the United Kingdom. The company owns and operates self-service Redbox kiosks that allow customers to rent or purchase movies and video games; and self-service coin-counting kiosks where consumers can convert their coin to cash, a gift card, or an E-certificate. Coinstar, Redbox's parent company, is led by a savvy management team. By maximizing the value of Redbox and investing in new technologies it is the best way to capture opportunities along with various dimensions such as new customer segments, geographic, product segments, and strategic moves. Coinstar has built a promising future by taking their kiosk-based business to a new level. Strategic investment, position and new technology lead the way to the competitive advantage in the movie rental industry. The Redbox Company is a subsidiary of Coinstar Inc.; it is a kiosk run retailer which provides movie rentals to consumers at an inexpensive rate. Redbox Automated Retail LLC began operations in 2004 with funding provided by McDonald's Ventures, a subsidiary of McDonald's Corporation. The initial Redbox vending machines were placed in a number of McDonald's...
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...COINSTAR INC (CSTR) 10-K Annual report pursuant to section 13 and 15(d) Filed on 02/09/2012 Filed Period 12/31/2011 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended: December 31, 2011 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-22555 COINSTAR, INC. (Exact name of registrant as specified in its charter) Delaware 1800 114 Avenue SE, Bellevue, Washington (Address of principal executive offices) (State or other jurisdiction of incorporation or organization) th 94-3156448 (I.R.S. Employer Identification No.) 98004 (Zip Code) Registrant's telephone number, including area code: 425-943-8000 Securities registered pursuant to Section 12(b) of the Act: Common Stock, $0.001 par value Name of each exchange on which registered: The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.: Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities...
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...advertising campaign deadline revamped their machines, which in the beginning included groceries. They realized that the DVD’s were doing better than the food and revamped their machines to focus on this source only. Redbox specializes in the rental of DVDs, Blu-ray Discs, and video games via automated retail kiosks. Some of the key people in the roles of Redbox are Anne Saunders, President of Redbox, J Mitch Lowe, former President, Gregg Kaplan, Founder and CEO of Redbox. After the merger the Coinstar / Redbox key people are founders Jens Molbak, and Dan Gerrity. Other key people are Paul Davis (CEO), and Gregg Kaplan (President and COO). These are the people that ensure that their product lines of Coin Services, Entertainment Services, E-Payment Services, and Self-Service DVD Kiosks turn a profit and stay...
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...major thrust of Artificial Intelligence is the development of computer functions normally associated with human intelligence, such as reasoning, learning and problem solving. Advances in computer processing power open the way for wider use of so-called Artificial Intelligence, at the same time that the self-serve aspect of online processes has increased the need for systems that "think." As time goes on and as patterns change, the computer learns because it is constantly being given cause and effect. The Expert System Expert System Development Financial Decision Making The financial services industry has become a vigorous user of Expert System techniques. With their high level of accuracy and reliability, Expert Systems easily replace complex human decision-making. This is done with the help of their expert knowledge-bases into which data and logical reasoning are inputted. Expert Systems technology is normally introduced to bring consistency to the decision-making process, as well as to speed it up through semi-automation. Expert systems are increasingly being used in banking applications. Some of the areas where this technology is being applied are credit risk analysis, portfolio management and analysis, credit...
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... get DVD rental • Redbox only offers contemporary movies (120-‐200) • Redbox has the convenience of the consumer as their • Only one slot for rentals, as well as returns highest priority* • Multiple movie companies offer new movies only 28 • Kiosks are set conveniently and extensively in the days after the official release area where the consumers are already shopping • After a long dry spell from the movie studio’s Redbox • Kiosk service is consistent and never has a “bad became dependent on major retailors (Wal-‐Mart and day”** Target) for their DVD import. • Redbox is a dynamic company, adapting to changes • Lagging behind online movie business, in terms of and new (technical) developments (Blu-‐ray, HD, movie library and online (streaming) rentals games) and consumer needs and wants Opportunities: Threats: • Expanding and specializing...
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...used to help in making new training material more effective. The financial department has the function of making sure bills are being paid and customers are paying their bills to the company. In this area it has a few information systems they have to access and follow up on management information system, decision support systems, functional area IS, and expert systems. Each information system has it purpose in what data and information that is needed to be accessed and what for. In the functional area IS where they can access the payrolls and can verify that the correct amount had been sent out. The management information system is where they can see if the number of sales matches the amount of money that customer paid for those goods or services. Decision support system, the financial department can do a “What-If” analysis on future budgets and see...
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...Distribution Strategy Report Redbox Abstract Redbox was conceived and started in 2002 by the McDonald’s corporation. In the beginning McDonalds placed 12 kiosks to test the market and customer interest in the concept. The initial kiosks offered food vending items and DVD rentals. Today Redbox has over 24,900 kiosks placed throughout the United States. The distribution strategy that McDonalds used was Direct Channel strategy and Single Channel strategy. As the concept continued to be successful, McDonalds continued to use Direct Channel strategy and also started using the Multiple Channel Stategy. In 2005 Coinstar purchased 47.3% of Redbox. When you think of McDonalds, a person usually thinks of fast food like hamburgers and their signature French fries. But in 2002 McDonalds wanted to find a new way to bring more customer traffic to their restaurants, while also being able to provide convenience to their customers. McDonalds introduced kiosks machine where a customer could get select needed or wanted items. The original kiosks included items like sandwiches, eggs and milk, while also offering DVD rentals. McDonalds choose this direct and single channel distribution strategy to test the market. Direct channel distribution strategy is defined as ‘selling products to end users through independent intermediaries such as wholesalers, distributors, retailers and or agents’. (Gordon, 2013) The single channel distribution strategy, is defined as “utilizing only...
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