Friday 21 February 2014

Chapter 13 : EBUSINESS




E- commerce and E-business :




Industries Using : E business Example






E-business Models :
  • an approach to conducting electronic business on internet.







E-business Tools :



E-business Benefits and challenges :

  1. E business Business:
  • highly accessible
  • decreased cost
  • increase convenience
  • increase global reach
  
     2. challenges :
  • protecting consumers
  • leveraging existing systems
  • increasing liability
  • providing security
  • adhering to taxation rules.












Chapter 12 : ENTERPRISE RESOURCE PLANNING

Enterprise Resource Planning (ERP) : ERP systems is a database,when a user enters or update information in one module,it is immediately and automatically update throughout the entire system.



ERP PROCESS FLOW

The Evolution Of ERP :



Integrating SCM , CRM and ERP :
  • SCM,CRM and ERP are the backbone of e business.
  • Integration of these application is the key to success for many companies.
  • Integration allows to unlocking of information to make it available to any user, anywhere and anytime.

  • General audience andpurpose of scm crm and erp:




Integration Tools :
























Chapter 11 : Customer Relationship Management


Customer Relationship Management : enable an organization to provided better customer service,make call centers more efficient and help sales staff close deals faster.

Benefits of CRM :
  • CRM Predicting technology help organization predict customer behavior.



Operation and Analytical CRM :



Chapter 10 : SUPPLY CHAIN MANAGEMENT

Supply Chain Management : carry flow of information about raw material and product.


Basics of Supply Chain : organization must embrace technology that  can effectively manage supply chains.




Information Technology Role in the Supply Management :
its primary role is to create integration or tight process and information linkages between function within a firm.



Factor Driving Supply Chain Management :


Supply Chain Planning and Supply Chain Execution :


Supply Chain Management Success Factors :
  1. the factor fostering speed


  




  
  2. 7 principles of supply chain management.


Thursday 13 February 2014

Chapter 9 : Enabling The organization - Decision Making

MAKING BUSINESS DECISIONS

The Decision Making Process
  •  The process of making decision plays a crucial role in communication  and leadership for operational,managerial and strategic project.
Decision Making Essentials
  • A few key concepts about organizational structure will help our discussion of MIS decision making tools.


Operational

  • Operational decision are considered structured decision,which are in situations where established processes offer potential solution. 

THE SIX STEP DECISION MAKING PROCESS



Common Company Structure





















Operational :

  • Employees develop, control and maintain core business activities required.
  • Also considered structured decision ,arise in situations where established process offer potential solutions.
  • Made frequently and are almost repetitive in nature.

 Managerial :

  • Employees are continuously evaluating company operations  to hone the firm's abilities to identify, adapt, to and leverage change.
  • Cover short and medium range plans, schedules and budget along with policies, procedure and business objectives for the firm.
  • Semistructured decision occur in situation few established process help to evaluate potential solutions.
  • EXAMPLE:decision about producing new product changing employee benefits range from unstructured to semistuctured

Strategic:

  • Managers develop overall business strategies, goals, and objectives.
  • Monitor strategic performance and its overall direction in political,economic and competitive business environment.
  • Unstructured decisions,in situation in which procedures or rules exists to guide decision makers.

Transaction Processing Systems
  • online  transaction processing (OLTP) =The capturing of transaction and event informative using technology.
  • online analytical processing (OLAP) = The manipulated of information to create business intelligence in support of strategic decision making.

Strategic Support Systems 
  1. Consolidation
  2. Drill Down 
  3. Slice and Dice



Artificial Intelligence

Intelligence Systems :

  • various commercial application of artificial intelligence.
Artificial Intelligence (AL) :
  • simulates human intelligence such as the ability to a reason and learn 

 Categories of AL include :
  1. EXPERT SYSTEM : imitate the reasoning processes of expert in solving difficult problems.
  2. NEURAL NETWORK : attempt emulate the way the human brain work.
  3. GENETIC ALGORITHM : an AI system that mimics the evolutionary, survival of the benefits process to generate increasingly better solution to a problems.
  4. INTELLIGENT AGENT: have knowledge of based information systems that accomplishes specific tasks on behalf of its users such as multi agent systems and agent based modeling.  






Monday 3 February 2014

Chapter 8 : Accessing Organization Information- Data Warehouse

                  HISTORY OF DATA WAREHOUSE

  • Data warehouses extend the transformation of data into information

  • In the 1990’s executives became less concerned with the day-to-day business operations and more concerned with overall business  functions
  • The data warehouse provided the ability to support decision making without disrupting the day-to-day operations

               DATA WAREHOUSE FUNDAMENTALS

Data warehouse – a logical collection of information – gathered from many different operational databases – that supports business analysis activities and decision making  tasks
Extraction, transformation, and loading (ETL) – a process that extracts information  internal and external databases, transforms the information using a common set of enterprise definitions, and loads the information into a data warehouse
Data mart – contains a subset of data warehouse information


     MULTIDIMENSIONAL ANALYSIS AND DATA MINING
  •        Databases contain information in a series of two-dimensional tables.
  •        In a data warehouse and data mart, information is multidimensional, it contains layers of columns and rows
  •        Dimension – a particular attribute of information
  •        Cube - common term for the representation of multidimensional information. 
  •       Data mining – the process of analyzing data to extract information not offered by the raw data alone
      INFORMATION CLEANSING OR SCRUBBING
  •       An organization must maintain high-quality data in the data warehouse
  •       Information cleansing or scrubbing – a process that weeds out and fixes or discards inconsistent, incorrect, or incomplete information
CONTACT INFORMATION IN AN OPERATIONAL SYSTEM


INFORMATION CLEANSING ACTIVITIES



BUSINESS INTELLIGENCE 

  • Business intelligence – information that people use to support their decision making efforts

  • Principle BI enablers include:
              –Technology
               –People
                –Culture