Class Notes (838,073)
Canada (510,659)
Business (634)
BUSI 2400 (21)
Lecture

BUSI2400 Class 3.docx
Premium

4 Pages
78 Views
Unlock Document

Department
Business
Course
BUSI 2400
Professor
Robert Riordan
Semester
Winter

Description
2014­04­15 Porter Chain • Primary and secondary goods • ICT classifications (AIS, CRM, HRIS, FIS) • Workflow management systems • Transaction processing systems Dealing with data (low level in the trenches of data) Massive efficiencies (barcoded) • Walmart has the second largerst technology based system next to the pentagon (they invested a lot of  money) Supply Chain Management • Natural resources, raw materials, components into finished product that is delivered to the end customer Enterprise sales strategy • Sell­source ship • Michael Dell used tech to manage all goods • Dell receives order by internet, outsources to initiate construction of the computer, dell or their agent ships  the product • Follow up and customer care via internet • Dell’s strategy changed 5 years ago  • They would get THEIR money $$ before computer is even built (just in time environment, used fed ex to  ship it) petGRO: buy hold sell • People would buy • Hold it for 30 days before ise • Manufacture product • Hold for 30 days after production now it’s SELL SOURCE SHIP Enterprise System (ES applications) • ERP (Enterprise Resource Planning) deals with key business functions such as financials,  human capital, operations and corporate services • CRN goes through ERPs like SAP, Oracle • Big ERPs can cost hundreds of millions for organizations • ERP= core (financials, human capital, operations • ERP integration: SALES PROCESS (sales person takes order), check availability (if its in stock, we pack  and ship but if not… approval to have it/ material to build it, we build it and sell) • Siloed organisation leads to: Delays in communication Excess inventory Lack of visibility Point of contact confusion • No one talks to each other (in WWII they wanted to stifle growth because you don’t want inconsistency for  portfolio) • Management layers • Around 80’s, organizations got rid of middle managers and big systems like ERPs moving in because they  do things better Still a lot of companies that are siloed (easily increase inventory without help) The 
More Less

Related notes for BUSI 2400

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit