You can order stock in line with demand, keeping your inventory costs low. 4. Personalisation- Internet marketing enables you to personalize offers to customers by building a profile of their purchasing history and preferences. By tracking the web pages and product information that prospects visit, you can make targeted offers that reflect their interests. The information available from tracking website visits also provides data for planning cross-selling campaigns so that you can increase the value of sales by customer.
Evaluate each product and the seller’s case for it; that is: Are the product’s characteristics and advantages articulated clearly? How would you rate the quality of the presentation? How easy is it to retrieve information from the Web site? Generate a short briefing (300 to 400 words) contrasting and comparing the software products. Prepare this briefing in a professional paragraph style (no bullet lists or sentence fragments), and include the URLs relative to the products so that the “manager” (your mentor) may independently view the sites.
Solvik thought line managers should make all IT investment decisions and Cisco utilized a client-funded project system focusing on ROI. In addition, Solvik’s approach supported the existing Cisco culture. Solvik’s decentralized IT approach allowed line managers to make technology investment decisions, while centralized IT executed projects. IT made decisions about the overall company infrastructure (e.g Cisco intranet, supply chain website) while line managers chose and funded projects seeming to have the most profit potential. This removed the perception of IT as “overhead.” IT also helped integrate acquired companies in parallel with scaling up the company infrastructure.
Using the information on Kudler’s website in the intranet section provides for an understanding of how the company currently runs operations. Access data tables take an abundance of information and simplify the information into one particular area. The access data table on Kudler’s website joins the customer and inventory together. This is a good idea because the inventory coincides with what the customers purchase or do not purchase. The customer has shopping habits, food preferences, and a specific income.
Along with stocking of the shelves this system can track the price of the item and the rate of which is sold to determine the future price of the item. The system is the key to the success of Wal-Mart, stocking the shelves to meet the consumer needs at the right price. This sounds like a good system to the store, but it is hard on the producers to meet the orders required to stock the store the following day. For example, the manufactures have to speed up the product
The Point of Sale (POS) cash register information is transmitted via the network on a daily basis through uploads at the store downloads at corporate. In a special report written by Liz Parks and published by Supermarket News (Parks 2005), independent grocers were encouraged t invest in technology as a way of streamlining operating costs. Chase, Jacobs & Aquilano (2005) discuss the benefits of using Enterprise Resource Planning (ERP) computer software to manage business operations with a single integrated set of corporate data. Having an (ERP) in place allows an organization to streamline processes through the reduction of time needed to process supplier payments or process customer orders. Kudler would be able to use an ERP to forecast future needs to assist with accurate purchasing, track vendor and retail pricing as well as other financial information.
Customer purchasing trends and supplier orders can be automated. Kudler’s current automated system is biometric and performing regular maintenance prior to each pay date ensures the system is running properly. Kudler should upgrade the AIS to accommodate stores in different states with various tax laws for the payroll. This will help in reducing human errors and reduces the time consumption. • Explain the characteristics of the system that support the recommended course of action • Describe how the accounting information systems incorporating the recommended changes add value to the accounting operations of Kudler Fine Foods.
For every customer visiting the store, a record in the customer table is added mentioning customer’s details. 3. If customer purchases an item from the store, a record is entered in Orders table and with customer Id, Branch Id, Product Id. 4. For every item sold, the changes are reflected in the inventory table, decreasing the available quantity.
Capacity requirement planning offers valuable information to management about their ability to produce and therefore make educated forecasts in regards to production. And finally, enterprise resource planning provides automation and integration in a company’s business processes from the beginning at sales to the end where product is delivered and billed. Computer software is available to assist in the day to day productions and provides a valuable service to the manufacturing company. Software Packages for PPQ Parts PPQ Parts is a manufacturer of small SUV parts. The company is growing and requires updated software systems for the company’s material requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (ERP) needs.
Accounting Angel Martinez Acc 11/28/2011 Accounting Accounting requires collecting information and displaying it on statements so that business decisions can be made for the future of a company. The purpose of accounting is to document what the company is spending and what revenue is being collected. Accounting provides a business with correct and documented information on what is profitable and what is negative. Without accounting, businesses can not prosper or make decisions on growth or downsizing. Accounting requires that all transactions be recorded to ensure accuracy when giving financial details to board members, stock holders, and the IRS for tax purposes The income statement posts revenues and expenses.