1/41
Part3
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
Business Process
Collection of activities required to produce a product or service.
Manufacturing and production
Assembling the product
Checking for quality
Producing bills of materials
Sales and Marketing
Identifying costumers
Making costumers aware of the product
Selling the product
Finance and accounting
Paying creditors
Creating financial statements
Managing cash accounts
Human resources
Having employees
Evaluating employees job performance
Enrolling employees in benefits plan
Sales
Accounting
Manufacturing
Production
Steps in the order fulfillment process
Sales
Process to Generate order and submit order
Accounting
Process to check credit, approve credit, and generate invoice
Manufacturing and production
Process to assemble product and ship product
Increasing efficiency of existing processes
Automating steps that were manual
Enabling entirely new processes that are capable of transforming the businesses
Change flow of information
Replace sequential steps with parallel steps
Eliminate delays in decision making
Transaction Processing Systems
Perform and record daily routine _______ .necessary to conduct business.
Examples: sales order entry, payroll, shipping
Transaction Processing Systems
Allow managers to monitor status of operations and relations with external environment
• Serve operational levels
• Serve predefined, structured goals and decision making
Business Intelligence Systems
Class of software applications
• Analyze current and historical data to find patterns and trends and aid decision-making
• Used in systems that support middle and senior management
• Data-driven DSS
• Executive support systems (ESS)
Management Information Systems
Serve middle management
• Provide reports on firm’s current performance, based on data from TPS
• Provide answers to routine questions with predefined procedure for answering them
• Typically have little analytic capability
Decision Support Systems
• Serve middle management
• Support non-routine decision making
• Often use external information as well from TPS and MIS
Executive Support Systems
• Support senior management
• Address non-routine decisions
• Requiring judgment, evaluation, and insight
• Incorporate data about external events (e.g. new tax laws or competitors) as well as summarized information from internal MIS and DSS
Executive Support Systems
Example: Digital dashboard with real-time view of firm’s financial performance: working capital, accounts receivable, accounts payable, cash flow, and inventory.
Design Support System
• Example: What is impact on production schedule if December sales doubled?
Enterprise Applications
• Systems for linking the enterprise
• Span functional areas
• Execute business processes across firm
• Include all levels of management
Four major applications:
• Enterprise systems
• Supply chain management systems
• Customer relationship management systems
• Knowledge management systems
Supply Chain Management Systems
• Manage firm’s relationships with suppliers
• Share information about
• Orders, production, inventory levels, delivery of products and services
Supply Chain Management Systems
Goal:
• Right amount of products to destination with least amount of time and lowest cost
Customer Relationship Management Systems
• Provide information to coordinate all of the business processes that deal with customers in sales, marketing, and service to optimize revenue, customer satisfaction, and customer retention
Customer Relationship Management Systems
Integrate firm’s customer-related processes and consolidate customer information from multiple communication channels
Knowledge Management Systems
Support processes for acquiring, creating, storing, distributing, applying, integrating knowledge
• How to create, produce, distribute products and services
• Collect internal knowledge and experience within firm and make it available to employees
• Link to external sources of knowledge
Alternative tools
that increase integration and expedite the flow of information
Intranets
Internal company Web sites accessible only by employees
Extranets
Company Web sites accessible externally only to vendors and suppliers. Often used to coordinate supply chain
E-business
Use of digital technology and Internet to drive major business processes
E-commerce
Subset of e-business
Buying and selling goods and services through Internet
E-government:
Using Internet technology to deliver information and services to citizens, employees, and businesses
Programmers
are highly trained technical specialists who write the software instructions for computers.
Systems analysts
Job is to translate business problems and requirements into information requirements and systems.
Information systems managers
are leaders of teams of programmers and analysts, project managers, physical facility managers, telecommunications managers, or database specialists. They are also managers of computer operations and data entry staff.
Chief information officer (CIO)
In many companies, the information systems department is headed by a ___ ______ _____. A senior manager who oversees the use of information technology in the firm.
Chief security officer (CSO)
is in charge of information systems security for the firm and is responsible for enforcing the firm’s information security policy.
Chief privacy officer (CPO)
is responsible for ensuring that the company complies with existing data privacy laws.
Chief knowledge officer (CKO)
is responsible for the firm’s knowledge management program.
Chief data officer (CDO)
is responsible for enterprise-wide governance and utilization of information to maximize the value the organization can real-ize from its data.
End users
are representatives of departments outside of the information systems group for whom applications are developed.
Chief knowledge officer (CKO)
The ___ helps design programs and systems to find new sources of knowledge or to make better use of existing knowledge in organizational and management processes.