Premium Essay

Poject

In:

Submitted By afindi09
Words 738
Pages 3
To stay competitive in today's global economy, businesses are being forced to re-evaluate the way they do business with their customers and their vendors. We cannot afford to close our eyes to advances in technology in the way many businesses have done in the past and continue to do even now. It is a question of do it or die in the competitive world of products and services where the well informed and the technologically equipped will reap the rewards of success. Our company is already behind others in technology and efficiency by not having EDI. Without EDI, our internal processes have poor response times, excessive paperwork floating around and potential errors that should not be necessary as well as wasting personnel time doing a work that could be automated.

When business begins to trade or share core information, the return of technological investment is clear and then we realize the true value of EDI. We should not stay behind our competitors and should start now a process of implementing EDI in our company, improving our efficiency and productivity, and reach higher levels of customer satisfaction. When EDI is used as a tool to enable process change and help achieve business goals, significant benefits can be reached. EDI enhances all parts of the business process, and we would expect some impacts, such as:

· Reduced Process-Time: the need to send and receive information is crucial in today’s business world. With EDI, data can be sent and received in seconds and 24 hours a day and 7 days a week, thus allowing business to continue outside the normal business day, and the turnaround time for a business transaction can be reduced from days to hours and, in some instances, to minutes or even seconds.

· Increased Efficiency: the major part of data entry tasks is generated from a computer. When companies develop compatible electronic documents, data is

Similar Documents

Premium Essay

Gm454 Poject 1 Keller

...The response to demand of computer and potato chips The supply’s response to demand is always a direct response. Suppliers of any commodity respond to a rise in demand by increasing their supply levels to meet the demand. The direct response stops at the point of equilibrium. The response to demand of potato and computer chips may differ both in the short run and long-run. The potato chips response will be faster in supply increase because the time needed in adjusting its production is shorter compared to the computer chips. On other hand, computer chips response in supply increase will be slower because adjustments to production require more time in cost adjustments. However, the response of both products to a rise in demand will be limited to changes in variable costs. Though as time goes by all costs can be adjusted to increase supply for both goods. Therefore, its’ conclusive to say potato chips response is quicker in the short term because its production cost variables take less time to change compared to computer chips. According to Andreu, Michael and Jerry (1995 in order to increase production in the short run each manufacturer has only one option, which is to change the variable costs that are easily adjustable. In the long run supply response will reach an equilibrium point with no shift for the potatoes because they are regularly consumed. However, a shift is possible if potatoes go out of season and thus, affecting supply. The computer chips supply...

Words: 1373 - Pages: 6

Premium Essay

Rwandan Mass Murders

...This is a poject lesson plan oriented toward the development of student understanding of modern genocides, in particular the Rwandan Mass Murders. The lesson uses the film "Hotel Rwanda" and an accompanyed movie guide to present the Rwandan genocide in a respectfully theatric way. After the film is completed, the teacher begins a class discussion of the events in Rwanda and other modern genocide; the teacher has questions ready for the class's diagloue slows. Furthermore, the students are a assigned a project to develop a front page of a newpaper covering the Rwandan Mass Murders with information gathered from relevant online sources. This was a small group project, which the tasks were divided evenly. InTASC standard 6 is that the teacher...

Words: 401 - Pages: 2

Premium Essay

Project Managemnet

...MULTIPURPOSE RIVER VALLEY PROJECT IS A GIGANTIC PROJECT A PROJECT HAS SPECIFIC OBJECTIVES IN TERMS OF GEOGRAPHICAL LOCATION ,SPECIFIC STARTING AND END POINT, AND MOST IMPORTANT ---TO SERVE A TARGET POPULATION BY ACHIEVING GOOD INVESTMENT RETURNS. CHARACTERISTICS OF A PROJECT THERE ARE FOUR BASIC CHARACTERISTICS A)INVESTMENT PATTERN (VALUE) B) BENEFITS AND GAINS C)TIME LIMIT (MAJOR FACTOR FOR COST OVERRUNS) D) LOCATION (AVAILABILITY OF RAW MATERIALS, MANPOWER ETC.) PROJECT CLASSIFICATION PROJECT CLASSIFICATION HELPS IN GRAPHICALLY EXPRESSING AND HIGHLIGHTING THE ESSENTIAL FEATURES OF THE PROJECT BE IT QUANTIFIABLE OR NON-QUANTIFIABLE,BE IT ANY POTENTIAL SECTOR, BE IT CAPITAL INTENSIVE, OR LABOUR INTENSIVE--. WHICH WILL EFFECT THE POJECTS FEASIBILITY. PROJECTS HAVE BEEN CLASSIFIED IN VARIOUS WAYS BY DIFFERENT AUTHORITIES------ 1.QUANTIFIABLE AND N0N- QUANTIFIABLE PROJECTS— QUANTIFIABLE PROJECTS ARE THOSE IN WHICH A PLAUSIBLE...

Words: 1989 - Pages: 8

Premium Essay

The Vigilance Project Case Study

...The Vigilance Project I. Rationale/Background PharMed International PharMed International is one of the world’s largest pharmaceutical companies. It was established two years ago when ValMed and PharmCO merged. PharMed is obligated to keep detailed records of how its drugs perform by relying on sophisticated database such as the Vigilance which will be used by division employees around the globe. The core team responsible for designing and implementing Vigilance has three members in the United States: Frank Lanigan, Carol Reynolds, and Mike Powell; and four members based in France:Didier Amrani, Karine Bareaut, Merline Bucquet and Fabrice Lemaire. In addition to the core team, five subteams were formed. Overall, half of the subteams’ members are located in the United States and half are based in France. Most of the U.S. core and subteam members were previously employees of ValMed. Before the merger, several of them, including all of those on the core team, played key roles in efforts to develop a similar system called Perspective. Several months later, the newly merged organization decided to scrap Perspective in favor of Vigilance. The Perspective team members were disappointed, but understood the rationale for the change in direction. The Vigilance core teams were introduced to each other virtually and had been working with each other via teleconferences. These teleconferences were frequently cancelled by Didier Amrani, the project manager, without...

Words: 2376 - Pages: 10

Premium Essay

Globalization

...POJECT PROPORSAL Name: Course: Professor: Institution: City and state: Date: Executive summary ChildFund Australia is an organization that provides help to families in the developing nations. The main work of the organization is to eradicate poverty from the community. This research entails public relation strategy geared toward enhancing organization penetration to Mali in order to achieve its mission and vision. There are many opportunity ChildFund can utilize in Mali to ensure it live to its goals. Therefore, this essay provides a comprehensive public relation ideas and tactics that can enhance ChildFund achieve its vision. By using the ideas presented in this research, ChildFund can enhance its image and enhance their future as a non-profit organization working in Mali. Theme: Piloting new possibilities Using this plan, and using the theme (piloting new possibilities), this research views ChildFund from a different point of view. With strong brand image, ChildFund can employ a different way of alleviation instead of using the old methods. ChildFund can remarket itself as simple and offer personalized services. Additionally, with strong brand and involving the community, ChildFund the organization will move forward to the road of success. Situational analysis Organization history ChildFund Australia is a non-religious and independent international organization which works to eradicate poverty, especially in developing world. The organization provides help mostly to...

Words: 2346 - Pages: 10

Premium Essay

Acorn

...CRANEFIELD COLLEGE OF PROJECT AND PROGRAMME MANAGEMENT module M2PROJECT MANAGEMENT: PROGRAMME MANAGING ORGANISATIONAL PERFORMANCE AND INNOVATIVE IMPROVEMENT | Project Name – Acorn Industries | | Compiled by | Submission Date – 17 January 2013 | Declaration of interestI hereby declare that this assignment is entirely my work, and that it has not previously been submitted to any other Higher Education Institution. I also declare that all published and unpublished sources have been fully acknowledged and properly referenced. This includes figures, tables and exhibits. Where modified by me, this has also been indicated.Signed __________________________Name and Surname : Date: 17 January 2013 | TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 3 2. IDENTIFIED PROBLEMS 2.1 Identify the Organisation’s Strength and Weaknesses 4 2.2 Never fully adopted, nor implemented any form of Project Management 5 2.3 Performance Management (KMIP) 5 2.4 Evolved Company Structure - Organisational change 5 2.5 Lack of Project Integration and Communication in organisation 6 2.6 Talent Management 6 2.7 Prioritisation and selection of projects and project teams 6 2.8 Outsourcing of non-core functions 6 3. CONCLUSIONS AND RECOMMENDATIONS 3.1 Identify the Organisation’s Strength and Weaknesses SWOT ANALYSIS 7 3.2 Implementation of Programme and Project Management into the Organisation 7 3.3 Key Performance...

Words: 4434 - Pages: 18

Premium Essay

Strategic Financial Management

...Strategic financial management for LULULEMON Introduction Strategic Financial management is the managing and controlling financial resources of the organization to achieve organization common goal. It is a full range of financial information of an organization. It involves with some steps, establish financial objectives, and identify financial resources, collecting analyzing use financial data to make financial decision. Strategic financial management refers to short time objectives as well as long term objectives. It is concerned with handling the element of financial statement such assets, liability, resources, capital , profit etc. it is always find out how we can ensure best use of financial resources of a firm to make maximum profitability. Lululemon athletica is a famous yoga-inspired athletic instrument producer and distributor company, which produces essential clothes and sells international clothing stores from its company base in Vancouver, British Columbia, Canada. Dennis "Chip" Wilson established Lululemon Athletica (usually referred to simply as "lululemon" or "lulu") in 1998 in order to enhancing female participation in athletic and his belief in yoga as the important way to maintain athletic excellence into an advanced age. They make technical athletic instrument for yoga, jumping, dancing, and most other sweaty pursuits. All lululemon locations are very much reachable to our local communities. Lululemon athletica inc., registered on November 21, 2005...

Words: 7830 - Pages: 32

Premium Essay

Tutorial

...HRPYC81/103/0/2013 Tutorial Letter 103/0/2013 Research Report HRPYC81 Year module Department of Psychology This tutorial letter contains Projects 4808 to 4813 Bar code CONTENTS READ ME FIRST .......................................................................................................................................... 3 PROJECT 4808 ............................................................................................................................................ 4 PROJECT 4809 ............................................................................................................................................ 5 PROJECT 4810 .......................................................................................................................................... 14 PROJECT 4811 .......................................................................................................................................... 36 PROJECT 4812 .......................................................................................................................................... 42 PROJECT 4813 .......................................................................................................................................... 55 2 HRPYC81/103 READ ME FIRST Tutorial Letter 102 Tutorial Letter contains Assignment 01as well as the following projects: Project 4802 Project 4803 Project 4804 Project 4805 Project 4807 Tutorial Letter 103 Tutorial Letter 103...

Words: 20483 - Pages: 82

Premium Essay

Envirornment Management

...Extract from the Book “ERP Demystified” by Alexis Leon, Publisher: Tata Mc Graw Hill Publishing Co-2008 edition ( by Dileep Kumar, Secretary, Association of Knowledge Workers, Lucknow ) Part 1: Introduction: 1. What is an Enterprise? An enterprise is a group of people with a common goal, which has certain resources at its disposal to achieve this goal. In traditional approach , the organization is divided into different nits based on the functions they perform. These departments function in isolation and have their own systems of data collection and analysis. In enterprise way the entire organization is considered a system and all departments are its sub system, each sub system knows what others are doing , why they are doing and what should be done to move the company towards common goal. If the information that is generated is accurate, timely and relevant, then the systems will go a long way in helping the organization to realize its goals What is ERP? ERP integrates the information system of an organization and automates most of the functions. The activities supported by ERP system include all core functions of an organization, including financial management, human resource management, and operations. Increasingly, ERP vendors are offering “bolt-on” products , such as business Intelligence (BI), Product Life Cycle Management (PLM), Advance Planning and Scheduling (APS),Customer Relationship Management, Supply Chain Management etc Why ERP ? Today having an ERP is not a luxury...

Words: 20066 - Pages: 81

Premium Essay

Benchmarking and Score Framework - Focal Company Siemens Windpower

...Value Chain Management, VIA University College Horsens Authors: Thomas Gottlob Ployart Wetche 2036932 Kristina Hemmingsen 2029398 Pawel Rosiak 2008258 Ioan Stavarache 2020733 Filip Petru 2020724 Supervisor: Erik Aaen Project: SPV 4 Project Date: 10 June 2010   Contents Table of figures: 6 0.0 Problem formulation 8 0.1 Background description: 8 0.2 Purpose: 8 0.4 Problem statement: 8 0.5 Delimitation: 8 0.6 Choice of methods and models: 9 0.7 Time schedule 10 1.0 Introduction 11 1.1 Value chain analysis 11 Optimization of the value chain at Siemens Wind Power 11 1.2 Primary Activities: 13 1.2.1 Inbound Logistics: 13 1.2.2 Operations: 13 1.2.3 Outbound Logistics 13 1.2.4 Marketing and Sales: 14 1.2.5 Service 15 1.3 Support Activities 15 1.3.1 Procurement 15 1.3.2 Technology Development 16 1.3.3 Human Resource Management 16 1.3.4 Firm Infrastructure 16 1.4 Choosing the right supply chain strategy 17 1.5 Supply Chain Strategies 17 1.5.1 Innovative Products with Evolving Supply Processes 18 1.6 The Right Supply Chain Strategy 18 The concept of agility : 18 1.7 Summarize 19 2.0 How can Siemens optimize the cross functional communication? 19 2.1 Resources and capability model 20 2.2 Obstacles when using the strategic resources and capability model 21 2.3 Issues within the organization 22 2.4 Root causes for the internal challenges: 23 ...

Words: 22601 - Pages: 91

Free Essay

Prospectus

...COMMON PROSPECTUS Master’s Degree Bachelor’s Degree Diplomas Certificates Indira Gandhi National Open University Maidan Garhi, New Delhi-110068, INDIA | www.ignou.ac.in Price: Rs. 100/- by cash at the counter | Rs. 150/- by Registered Post Electronic version of the prospectus is available for download at: http://www.ignou.ac.in Online Admission & Payment Gateway RECOGNITION IGNOU is a CENTRAL UNIVERSITY established by an Act of Parliament in 1985 (Act No. 50 of 1985). IGNOU Degrees/Diplomas/Certificates are recognised by all the member institutions of the Association of Indian Universities (AIU) and are at par with Degrees/Diplomas/Certificates of all Indian Universities/Deemed Universities/Institutions. Prepared & vetted at: Student Registration Division © Indira Gandhi National Open University March 2012 Print Production Mr B. Natarajan, DR(P) Mr Arvind Kumar, AR(P) Mr Ajit Kumar, So(P) IGNOU Offers “Round the Year Admission” to its Programmes under the ‘Walk-in-Admission’ Scheme. Candidates can obtain admission application forms from Regional Centre, Student Registration Divisions (SRD), IGNOU Headquarters and also can download the Prospectus and application form from the university website at ww.ignou.ac.in. Candidates can submit the same only at the Regional Centres concerned either by post or in person. Application forms can be submitted online and programme fee can be paid online through the internet payment gateway. CUT OFF DATES FOR WALK-IN-ADMISSION: Please...

Words: 77378 - Pages: 310