BUSI 2400 Chapter Notes - Chapter 4: Business Process, Value Chain, Supply Chain
22 Feb 2014
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Document Summary
5 core components of a typical value chain: 4 their work: procurement: obtaining, organization"s value chain is the sum of its primary & secondary support activities. Information systems chapter 4 enterprise systems: a business can increase its competitive advantage by incrementally changing the value-adding activities themselves, value chain is always changing, adapting & improving. Functional information systems (fis: functional information systems (fis): focus on activities of the functional department 2 improve its efficiency and effectiveness, ex. Benefits of a wms: misplace/stalled work is reduced improves efficiency & quality, managers can focus more time on business decisions, b/c developing a wms requires formal documentation of all procedures. More analysis & tighter control of the processes better work assignments the best person 4 the job produces more efficient scheduling. Includes tools & features that allow users 2 work w/ and manage the processes & system itself: some wms will not have all capabilities needed 2 support the business rules of the organization.
