Part 1. Decision Support System
Example 1: Break even Calculator
The following calculates the break-even point for a firm based on some information we provide. A firm's break-even point occurs when at a point where total revenue equals total costs.
Break-even analysis depends on the following variables:
1. Selling Price per Unit: The amount of money charged to the customer for each unit of a product or service.
2. Total Fixed Costs: The sum of all costs required to produce the first unit of a product.
3. Variable Unit Cost: Costs that vary directly with the production of one additional unit.
4. Total Variable Cost The product of expected unit sales and variable unit cost, i.e., expected unit sales times the variable unit cost.
5. Forecasted Net Profit: Total revenue minus total cost. Enter Zero (0) if you wish to find out the number of units that must be sold in order to produce a profit of zero (but will recover all associated costs)
Operational management
- When a firm collected these data, it is easily to show the break-even point of products, it is the point at which your product stops costing you money to produce and sell and starts to generate a profit for the firm.
Middle Management
- It can help the middle management of firm to plan resource allocation, short-range plans and performance of specific departments, task forces, teams, and special project groups.
Senior Management
- It can help to decision affect long-term and strategic goals and the firms objectives.
Example 2: Customer Life time Value Calculator
This value is calculated by estimating the income and costs associated with each customer over the projected length of the customer relationship.
Middle Management - It can know the relationship of customers with a firm.
Part 2. OpenBravo ERP Demo
As per OpenBravo ERP Demo, it can be used to handle each step within the order-to-cash business process below:
- Accept/Enter Order: Sales Management Module
- Order Acknowledgement: Sales Management Module
- Purchase Materials: Production Management Module
- Receive Materials: Production Management Module
- Production: Production Management Module
- Packing: Sales Management Module
- Shipping: Sales Management Module
- Invoicing and Collection: Sales Management Module
Part 3. ERP System
Enterprise Resource Planning (ERP) system is a packaged business software which is used to collect and manage information across different functional areas in an organization. The functional areas of ERP system included manufacturing & production, finance & accounting, sales & marketing, supply chain & inventory and human resources.
The grouping of workers and assets along functional lines appears to be a logical choice to manage taskes as efficiently as possible. The coordination and planniing required in moving goods and services from one function to the next introduces tremendous delays and toher forms of waste.
2009年3月22日 星期日
Group Assignment - Post 4
Below answer is related to UPS's information.
A.
The supply chain is a network of organizations and processes for procuring raw materials, transforming them into products, and distributing the products. It includes upstream supply chain and downstream supply chain. UPS mainly provides downstream supply chain for their clients, which are the organizations and processes responsible for delivering products to customers. The process involves local and overseas, UPS uses its transportation services and on-line systems to let the clients can distribute their goods to destinations on time. Also, UPS has mature monitor system to ensure the process is safety and satisfy the client’s request.
B.
Supply Chain Management Systems are classified as supply chain planning and supply chain execution systems. UPS provides on-line services and on-line tools for its clients through web site, that is, e-SCM. e-SCM is the application of information and communication technologies to form a seamless path for the smooth delivery of goods and products from suppliers, manufacturers, distributors and retailers into the hands of customers. Also, it can directly link up to the client’s web site or company’s system, so the clients can use these functions to proceed their supply chain planning and supply chain execution.
For supply chain planning, besides the clients can understand UPS services through UPS web site, they can set up their own account. Also, they can download various on-line tools to plan their distribution, such as, cost control, service, transportation method and time saving, etc, so the clients can make well planning.
For supply chain execution, the clients can make orders through UPS’s web site. Once the clients have set up their own account, they can check their historical orders and monitor the process of distribution on real-time. For example, if the clients want to change the time or destination after they have ordered, they can make amendment through the web site, also, the clients can track their goods about the goods is arrived or not, or where is the goods now, etc. The clients can monitor what’s going on about the process of distribution.
Furthermore, UPS provides the information of transportation from difference countries and the services of competitors to the clients through its web site. In case the clients change the order time or destination, the clients can check which company’s services is better for them to ensure the goods can arrive on time.
Besides, in order to improve coordination of internal supply chain processes, UPS uses intranet to monitor and maintain their services quality.
A.
The supply chain is a network of organizations and processes for procuring raw materials, transforming them into products, and distributing the products. It includes upstream supply chain and downstream supply chain. UPS mainly provides downstream supply chain for their clients, which are the organizations and processes responsible for delivering products to customers. The process involves local and overseas, UPS uses its transportation services and on-line systems to let the clients can distribute their goods to destinations on time. Also, UPS has mature monitor system to ensure the process is safety and satisfy the client’s request.
B.
Supply Chain Management Systems are classified as supply chain planning and supply chain execution systems. UPS provides on-line services and on-line tools for its clients through web site, that is, e-SCM. e-SCM is the application of information and communication technologies to form a seamless path for the smooth delivery of goods and products from suppliers, manufacturers, distributors and retailers into the hands of customers. Also, it can directly link up to the client’s web site or company’s system, so the clients can use these functions to proceed their supply chain planning and supply chain execution.
For supply chain planning, besides the clients can understand UPS services through UPS web site, they can set up their own account. Also, they can download various on-line tools to plan their distribution, such as, cost control, service, transportation method and time saving, etc, so the clients can make well planning.
For supply chain execution, the clients can make orders through UPS’s web site. Once the clients have set up their own account, they can check their historical orders and monitor the process of distribution on real-time. For example, if the clients want to change the time or destination after they have ordered, they can make amendment through the web site, also, the clients can track their goods about the goods is arrived or not, or where is the goods now, etc. The clients can monitor what’s going on about the process of distribution.
Furthermore, UPS provides the information of transportation from difference countries and the services of competitors to the clients through its web site. In case the clients change the order time or destination, the clients can check which company’s services is better for them to ensure the goods can arrive on time.
Besides, in order to improve coordination of internal supply chain processes, UPS uses intranet to monitor and maintain their services quality.
2009年3月21日 星期六
Group Assignment: Post # 5
Case 1. Businesses violate privacy:
Copying someone's work has never had any respect. Copyright legal issues are such a concern mainly because of the nature of the environment online, where much of the content provided is for free.
The internet provides such an excellent opportunity for people to cooperate and share information and then allow access to it for free. The problem is that some people believe the word 'free' is a license to obtain content, reproduce it and use it to their own advantage.
But it is false. Just because someone writes or shows content online that may be accessed free of charge does not mean you could take it and pass it off as your own or use it for some commercial purpose. You cannot, for example, take a few paragraphs from an article on a book, website or blog, copy them and then use them on your own website without acknowledging the author or writer or asking permission to republish it.
To avoid privacy violation:
If there is content online or offline that you find interesting or useful and want to use for your business, always check the copyright protection first. Usually, the copyright notice is indicated on the material. If it's not, it's probably copyrighted anyway unless the author, illustrator or owner gives his permission to reprint or reproduce his content. If the use of content is freely allowed and contains information that is not considered unlawful, it's safe to republish it.
Case 2. Businesses violate privacy:
Privacy on the Internet is increasingly under attack, as searches and visits are routinely recorded and combined into personal and behavioral profiles by search engines and other websites. Potential implications of these privacy violations are misused personal data, identity theft, harassment or even criminal usage.
To avoid privacy violation:
To use search engines like "Ixquick" which would delete privacy details like IP-addresses within 48 hours and abolish the use of ID cookies. Ixquick does not share any personal data of its users with third parties. Finally, people could search and get the best results - and full privacy.
Case 3. Businesses violate ethical rights:
Employers may be monitoring or reading employees’ email or conversation without previous consent from employees.
To avoid ethical rights violations:
Employers have to use notification techniques to inform their employees about the forthcoming monitoring, detail which private data would be collected and in which way it will be used.
Reference:
http://www.articlesbase.com/
http://www.ixquick.com/
Copying someone's work has never had any respect. Copyright legal issues are such a concern mainly because of the nature of the environment online, where much of the content provided is for free.
The internet provides such an excellent opportunity for people to cooperate and share information and then allow access to it for free. The problem is that some people believe the word 'free' is a license to obtain content, reproduce it and use it to their own advantage.
But it is false. Just because someone writes or shows content online that may be accessed free of charge does not mean you could take it and pass it off as your own or use it for some commercial purpose. You cannot, for example, take a few paragraphs from an article on a book, website or blog, copy them and then use them on your own website without acknowledging the author or writer or asking permission to republish it.
To avoid privacy violation:
If there is content online or offline that you find interesting or useful and want to use for your business, always check the copyright protection first. Usually, the copyright notice is indicated on the material. If it's not, it's probably copyrighted anyway unless the author, illustrator or owner gives his permission to reprint or reproduce his content. If the use of content is freely allowed and contains information that is not considered unlawful, it's safe to republish it.
Case 2. Businesses violate privacy:
Privacy on the Internet is increasingly under attack, as searches and visits are routinely recorded and combined into personal and behavioral profiles by search engines and other websites. Potential implications of these privacy violations are misused personal data, identity theft, harassment or even criminal usage.
To avoid privacy violation:
To use search engines like "Ixquick" which would delete privacy details like IP-addresses within 48 hours and abolish the use of ID cookies. Ixquick does not share any personal data of its users with third parties. Finally, people could search and get the best results - and full privacy.
Case 3. Businesses violate ethical rights:
Employers may be monitoring or reading employees’ email or conversation without previous consent from employees.
To avoid ethical rights violations:
Employers have to use notification techniques to inform their employees about the forthcoming monitoring, detail which private data would be collected and in which way it will be used.
Reference:
http://www.articlesbase.com/
http://www.ixquick.com/
2009年3月2日 星期一
Group Assignment - Post 1 (Revised)
Refer to Jenny's comment, I just post the revised sections.
For Google: Example 2 – Nokia 5800
If you want to search the information of mobile phone of Nokia 5800, you just type this keyword “Nokia 5800” into the search bar and click search, Google can find out 7,710,000 items, which they are included this keyword in 0.04 seconds only. (see below picture – Google web page)
If you want to search the information of mobile phone of Nokia 5800, you just type this keyword “Nokia 5800” into the search bar and click search, Google can find out 7,710,000 items, which they are included this keyword in 0.04 seconds only. (see below picture – Google web page)
Afterward, you can search which one is favorable for you and click that link, your selected web site will show in front of you. In this example, I choose the first link of Nokia 5800 from the top, the web page will show it as below picture – Nokia 5800.
Another Example for Facebook: RolexRolex, a famous watch worldwide company, they also put their watch models on Facebook, in order to promote their brand name and products. Furthermore, they post a banner on the top of their promotion’s web page on Facebook and show a slogan of “Everyone deserves a Rolex” to build up their dignity image and remind both of the sender and receiver to be a respectable person if you own one. As a result, they expect that more and more people will hope to own and buy it through this advertisement.
2009年2月27日 星期五
Group Assignment: Post # 2
B.I. tools (business intelligence) is the most important tool to help companies to understand their performance or make better decisions from their valueable databases.
In the following examples, we would like to describe how B.I. works and its benefits to companies.
Example #1 --- Interent order count and Customer count by Geography by Date by Product
In this report, we are looking for the buying behaviour of different people. We found our customers would prefer to buy our products by interent. This may be our users friendly and securely online purchase system, people are easy to shop online and purchase with safety protection. And we found that the sell of accessories is drop strictly, we have to make some change in the design or promotion.
Example #2 --- Order count by Product by Sales Channel by Promotion
In the following examples, we would like to describe how B.I. works and its benefits to companies.
Example #1 --- Interent order count and Customer count by Geography by Date by Product
In this report, we are looking for the buying behaviour of different people. We found our customers would prefer to buy our products by interent. This may be our users friendly and securely online purchase system, people are easy to shop online and purchase with safety protection. And we found that the sell of accessories is drop strictly, we have to make some change in the design or promotion.Example #2 --- Order count by Product by Sales Channel by Promotion
In this report, we would like to know more about the success of promotion and sales channel. We found that the result of promotion is not good and cannot help in reseller orders. We have to promote our products in the other ways to increase sell orders.
And we found the internet orders are several times of reseller orders. We have to discuess with reseller how to increase sell orders by promotion or education. And we need to develop more sales channels to increase our market shares. We might set up a centre, people could buy our products through TV or phone orders.
Example #3 --- Standard Product Cost, Total Product Cost, Sales Amount, Gross Profit and Gross Profit Margin by Product by Date
In this report, we would like to know more about the cost and profit relationship. We found that accessories is the most profitable. We should develop and design more different accessories lines to make more profit. And we found bikes and components got around 10% profit in the past several years, we have to consider these products lines should be shot or not. We should pay more sources and attention to our most profitable products.
The benefits of allowing users to query a data warehouse in the form of an OLAP cube through their Web browser:
It is a tool to help companies to consolidate, analyse, and provide access to large amounts of data (current and historical) to improve decision making.
It contains a variety of tools for identifying trends and opportunities from the data.
Companies can gain from data by predicting future trends or extracting previously unknown insights from it. Moreover, it allows companies to take the initiative and proactively remain one step ahead of their comptitors.
It can help companies to make a good management analysis and decision making.
OLAP supports multidimensional data analysis. This allows the same data to be viewed in different ways or from different dimensions. And users can change the dimensions or data being viewed dynamically, unlike with paper-based reports.
Management can answer ad-hoc questions in a short amount of time, even when the data is stored in large databases.
2009年2月4日 星期三
Group Assignment: Post # 1
(Revised on 23 Feb, 09)
Interactive advertisement
Sample: Yahoo (http://hk.dictionary.yahoo.com/)
Yahoo provide many functions to visitors, one of them “dictionary” is for searching vocabulary, that means the visitor may be not enough the knowledge of English. So they provide a platform to some colleges to introduce their service through this interactive advertisement to recruit student.
Search Engine
RSS feeds
Sample: eBay (http://www.ebay.com.hk/ ) 
Facebook is a large social networking. Everyone can join it as a member without any charges even you stay in everywhere of the world. The member can know someone after both of them have confirmed as a friend, and you can enlarge your friendship network with unlimited numbers. Furthermore, Facebook provide many online games or gifts to members, that the games and gifts are the advertising platforms of merchants. When the members play games or send gifts to another members, it can make many people who can know that products. For example, McDonalds post its food photos in facebook, the user can send these photos to his friends, so it will make more people to know what the new products of McDonalds.
Gadgets
Sample: Flickr (http://www.flickr.com/) 
A gadget is a small technological object (such as a device or an appliance) that has a particular function, but is often thought of as a novelty. Gadgets are invariably considered to be more unusually or cleverly designed than normal technology at the time of their invention. Gadgets are sometimes also referred to as gizmos.
A series of machine-type monsters whose effects allow players to search for relevant gadget monsters. They are Green Gadget, Red Gadget and Yellow Gadget. Each of the Gadgets can search each other from the player's deck. They are also supported by Stronghold the Moving Fortress, Boot Up Soldier - Dread Dynamo, Ancient Gear Gadjiltron Dragon and Ancient Gear Gadjiltron Chimera. They are found in the Machine Re-Volt Structure Deck.
They were notably used by Yugi Muto in the Ceremonial Duel against Atem in the last episodes of Yu-Gi-Oh! Duel Monsters.
Gadgets are a mildly well known set, due to their effects and appearance in the Yu-Gi-Oh! anime series. Players often use them to get ahead in what is considered card advantage, by gaining another Gadget in hand each time a gadget is summoned and protecting the Gadgets with numerous removal and negation-based cards like Sakuretsu Armor and Royal Oppression. The card known as Elemental Hero - Stratos (E. Hero Airman) tended to neutralize the use of Gadgets this way. Stratos has recently been restricted in play, allowing Gadget use to thrive again.
Several Internet Marketing methods as below with examples:
Blog
Sample: QOOZA BLOG (http://blog.qooza.hk/)
QOOZA is a web site to introduce about fashion, beauty and lifestyle. You can find many update information of these topics. This web site also provide BLOG service to their members, so the members can share their experience or happiness regarding anything which they have saw, used or happened. Furthermore, QOOZA also invite some famous artists or professional workers to show their background or share their experience in their Guest Blog. QOOZA use these methods to recruit more members to create their own blog or visit their web site, then they can attract more merchants to post their advertisements and earn more profit.
Blog
Sample: QOOZA BLOG (http://blog.qooza.hk/)
QOOZA is a web site to introduce about fashion, beauty and lifestyle. You can find many update information of these topics. This web site also provide BLOG service to their members, so the members can share their experience or happiness regarding anything which they have saw, used or happened. Furthermore, QOOZA also invite some famous artists or professional workers to show their background or share their experience in their Guest Blog. QOOZA use these methods to recruit more members to create their own blog or visit their web site, then they can attract more merchants to post their advertisements and earn more profit.
Interactive advertisement
Sample: Yahoo (http://hk.dictionary.yahoo.com/)
Yahoo provide many functions to visitors, one of them “dictionary” is for searching vocabulary, that means the visitor may be not enough the knowledge of English. So they provide a platform to some colleges to introduce their service through this interactive advertisement to recruit student.
Search Engine
Google is one of the large search engine of web site, you can search many different topics or title by this search engine. Also, you can find a lot of results from it, so you can search which one is more suitable for you. For example, if you want to search some news of your favor artist, you just type his name on it, this search engine will provides the sources of his news, photo, video, movie, etc. as more as it can. (see below web pages) As a result, most of merchants would like to join this advertising platform.
Online Partnership or Affiliate Marketing
Sample: Midland Realty and mReferral Mortgage Brokerage Service (http://www.midland.com.hk/chi/ and http://www.mreferral.com/english/index.html)
Midland Realty is a property agency, you can search property or transaction through their web site. They think that the visitors want to know more Mortgage information normally after their searching, so they make partner with mReferral Mortgage Brokerage Service (mReferral). The visitors can click to the web site of mReferral, they are not only to get the relevant information, they also can apply Mortgage loan through mReferral. In conclusion, both of them can obtain more benefit from each other and achieve the win-win situation.
Sample: Midland Realty and mReferral Mortgage Brokerage Service (http://www.midland.com.hk/chi/ and http://www.mreferral.com/english/index.html)
Midland Realty is a property agency, you can search property or transaction through their web site. They think that the visitors want to know more Mortgage information normally after their searching, so they make partner with mReferral Mortgage Brokerage Service (mReferral). The visitors can click to the web site of mReferral, they are not only to get the relevant information, they also can apply Mortgage loan through mReferral. In conclusion, both of them can obtain more benefit from each other and achieve the win-win situation.
RSS feeds
Sample: eBay (http://www.ebay.com.hk/ )
RSS Feeds: Real simple syndication (RSS) is a relatively new and easy way to distribute content via the Internet. For email marketers, it is a way to distribute messages while avoiding spam filters. Typical applications include email newsletters, blogs or even Web sites. Similar to newsgroups, RSS feeds require a special “reader” like Bloglines or NewsGator to view messages.
RSS Feeds are a fairly new format of XML that is intended to share information in a condensed format (such as a title, description and link to a new article). They are good for syndication. Many current browsers have native support for RSS Feeds, but older browsers will display RSS pages as XML code. To display RSS, you should upgrade your browser or download a feed reader such as Feed Reader.
For example, eBay, it’s RSS feed format is RSS 2.0, it will inform you through RSS feed when there are new information or news. Furthermore, when you read those topic, you can hyperlink to the relevant web page.
Social Networking
Sample: Facebook (http://zh-hk.facebook.com/)
RSS Feeds are a fairly new format of XML that is intended to share information in a condensed format (such as a title, description and link to a new article). They are good for syndication. Many current browsers have native support for RSS Feeds, but older browsers will display RSS pages as XML code. To display RSS, you should upgrade your browser or download a feed reader such as Feed Reader.
For example, eBay, it’s RSS feed format is RSS 2.0, it will inform you through RSS feed when there are new information or news. Furthermore, when you read those topic, you can hyperlink to the relevant web page.
Social Networking
Sample: Facebook (http://zh-hk.facebook.com/)
Facebook is a large social networking. Everyone can join it as a member without any charges even you stay in everywhere of the world. The member can know someone after both of them have confirmed as a friend, and you can enlarge your friendship network with unlimited numbers. Furthermore, Facebook provide many online games or gifts to members, that the games and gifts are the advertising platforms of merchants. When the members play games or send gifts to another members, it can make many people who can know that products. For example, McDonalds post its food photos in facebook, the user can send these photos to his friends, so it will make more people to know what the new products of McDonalds.
Gadgets
Sample: Flickr (http://www.flickr.com/)
A gadget is a small technological object (such as a device or an appliance) that has a particular function, but is often thought of as a novelty. Gadgets are invariably considered to be more unusually or cleverly designed than normal technology at the time of their invention. Gadgets are sometimes also referred to as gizmos.
A series of machine-type monsters whose effects allow players to search for relevant gadget monsters. They are Green Gadget, Red Gadget and Yellow Gadget. Each of the Gadgets can search each other from the player's deck. They are also supported by Stronghold the Moving Fortress, Boot Up Soldier - Dread Dynamo, Ancient Gear Gadjiltron Dragon and Ancient Gear Gadjiltron Chimera. They are found in the Machine Re-Volt Structure Deck.
They were notably used by Yugi Muto in the Ceremonial Duel against Atem in the last episodes of Yu-Gi-Oh! Duel Monsters.
Gadgets are a mildly well known set, due to their effects and appearance in the Yu-Gi-Oh! anime series. Players often use them to get ahead in what is considered card advantage, by gaining another Gadget in hand each time a gadget is summoned and protecting the Gadgets with numerous removal and negation-based cards like Sakuretsu Armor and Royal Oppression. The card known as Elemental Hero - Stratos (E. Hero Airman) tended to neutralize the use of Gadgets this way. Stratos has recently been restricted in play, allowing Gadget use to thrive again.
2009年2月2日 星期一
訂閱：
文章 (Atom)
發表文章
