Monday, January 27, 2020
Supermarket Information Systems
Supermarket Information Systems INTRODUCTION Following the development of technology, Supermarket information systems have been improved from time to time. From the beginning of buying product from supermarket, to internet shopping system, up to now, Supermarket information system, customers behaviour have changes a lot. However, as retail system need high business analysis procedures, the ePos system and decision support system and Customer Loyalty System has been overlooked. This project aims to improve these Supermarket information systems in human factors perspective. History China Resources Vanguard Shop (CRV) is one of the largest supermarket chains in Hong Kong. It is a member of China Resources Enterprise, a wholly owned subsidiary of State-owned enterprise. China Resources Vanguard Shop, or CR Vanguard, is a flagship operating supermarket chains of China Resources. It is the third largest supermarket chain in Hong Kong. It operates approximately 450 stores in Hong Kong, Guangdong, Zhejiang, Jiangsu, Shanghai, Tianjin and Beijing. PROBLEM DEFINITION DSS: For the decision support system, Traditional Invoicing system based on single database system, usually including management Information systems and decision support systems, business processing subsystem and decision support systems with a database. Composed of a single database-centric database systems often can not satisfy the diversification of modern supermarket data processing requirements. Specifically manifested in the following areas: Cannot integrate internal and external aspects of data. Cannot meet transaction processing and analysis and processing needs. Difficult to adapt to various types of users of different levels of data integration requirements. RESEARCH METHODOLOGY SWOT [B2] A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. SWOT analysis determines what may assist the firm in accomplishing its objectives, and what obstacles must be overcome or minimized to achieve desired results. Strengths Part of the China Resources Enterprise 2926 stores in Hong Kong and China. Provide wide range of products No. of Staff 14500 in China ; 1000 in Hong Kong Weaknesses Founded in 1984 Branch store less than PARKnSHOP Wellcome in HK. Manpower: -Only 1000 in Hong Kong Product or service: Undifferentiated in relation to supermarket. Location. Opportunities Developing market: China Merger: Alliance with Manka (Supermarket) Theaters Price war. Negative impression a new competitor in your own home market Substitute: Competitor also has a new, innovative substitute product. Porters 5 Forces [B3] A tools is a simple but powerful tool for understanding where power lies in a business situation. This is useful, because it helps you understand both the strength of your current competitive position, and the strength of a position youre considering moving into. Threat of New Entrants (Low Pressure) High capital and investment requirement High likelihood of retaliation from existing industry players Threat of Substitutes (Low Pressure) Not easy to have substitution Modern family and office lady dislikes the traditional market Online supermarket / phone order is not popular No delivery delay Power of Supplier (Low Pressure) Many supplier sources Many kind of goods Supermarket has much bargaining power for price negotiation Power of Buyers (Medium Pressure) Not easy to order the goods from supplier directly Various customer group Easy to switch to other competitors Competitive Rivalry (High Pressure) Many equally sized competitors Parkn, Wellcome, DCH, Jusco and etc Price Wars DATA GATHERING juki CRC Business Manager, Roland said: We spent a few days, and open business meeting, the Preparatory trend analysis of customer loyalty to a few months, so we prefer to focus on the rush for our products than our competition Opponents and the development of our business. Questions Asked The questions that were asked from the Manager of Businessà ¼Ã
âMr. Rolando, are: à ¢Ã¢â ¬Ã ¢ How many sales staff do you have? à ¢Ã¢â ¬Ã ¢ How many customers do they cover daily? à ¢Ã¢â ¬Ã ¢ What is the process of registering a new customer in your organization and how do the sales people introduce the company products? à ¢Ã¢â ¬Ã ¢ The way of keeping the customer history? The questions that were asked from the Head of IT are: à ¢Ã¢â ¬Ã ¢ Describe the current environment in the supermarket industry? à ¢Ã¢â ¬Ã ¢Current IT capability and infrastructure of the company? RECORD REVIEWING AND ONSITE OBSERVATION xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx PROPOSED SYSTEM In the chart, we will be able to see the whole flow of the supermarket system situation, first by the RFID received the data by the customer and sales and supplies and the production warehouse, and then save into the traditional Database, the data have been re-organization store into the Data warehouse, used to support decision analysis (OLAY), at the end, Customer Loyalty system can collect the right information use for the promotion. RFID, OLAY and Customer Loyalty are the object of our study. We recommend the following three ways: DSS Data warehouse [B2] and Technology in the application of DSS on decision support systems has become a new trend. OLAP [B1]decision-making method according to demand in the process of multi-dimensional view [Figure1]of various types of information to the data stored in the warehouse, to provide decision makers with a wide range of business analysis. Data Warehouse environment supermarket Invoicing System Architecture Traditional Invoicing system has been built with a single database-centric data organization model, decision analysis has been unable to meet the system requirements on the database, but the emergence of data warehouse technology and Development of the above-mentioned problems provides a powerful tool and Means . Data warehousing is a kind of multiple distributed, heterogeneous databases to provide a unified query technology. Data warehouse management system of enterprises from outside the original data and collate the data together into a data warehouse, on this basis, through smooth, rational, comprehensive information management, so that end users can extract data directly from the data warehouse, associated data analysis. Data warehouse is not a substitute for traditional databases [Figure 4], but on the basis of a traditional database, the data re-organization, used to support decision analysis. Data warehouse and traditional database systems assume different tasks, play a different role. That is based on the traditional database, business processing system to complete the daily business of data entry and processing, the data processed are sent to data warehouse; based on data warehouse decision support system implementation analysis and processing, in order to provide decision makers with complete, timely and accurate decision-making information. In this way, transaction processing environment and analytical processing environment to achieve the separation, the relative independence, constitute new system environments, while the data warehouse is a system of core-based environment . Data warehouse environment at a supermarket invoicing system Structure shown in [Figure 1]. System is composed of business processing subsystem, support decision-making subsystem, and data management subsystem consists of three parts. Business processing subsystem in which the background for the traditional database (can be multiple distributed, heterogeneous database), foreground is a business application systems, the completion of all Invoicing business day processing, the entire Invoicing system data entry, and to support decision-making subsystem provides the raw data; support decision-making subsystem, the background for the data warehouse, front from the on-line analytical tools, data mining tools, etc., and the completion of statistical analysis and forecasting capabilities to achieve decision-making support; data management subsystem is responsible for the entire system of data management, in particular data from various data sources (traditional database) to the transfer of data warehouse and data warehouse data structures and business rules management. GOLBAL SUCCESS STORIES PROPOSED SOLUTION ADVANTAGES DSS Carry out market analysis Trend analysis Subgroups of commodities, layout, purchase of the analysis, recommendation and merchandise The analysis of the effectiveness of promotional activities carried out Customer loyalty analysis PROPOSED SOLUTION DISADVANTAGES DSS Higher initial capital investment Staff should need a special training. Difficult to integrate with other management information system. OVERALL BENEFITS OF THE SOLUTION DSS Data warehouse and multi-dimensional analysis with comprehensive data on capacity and can be fast and accurate analysis of the data to help managers make better business decisions, you can bring a competitive advantage for enterprises. The current data warehouse and data mining technology in domestic applications is not very extensive, but because of commercial enterprises have complex business structures, there are a large number of Invoicing business data, there is a specific need for decision analysis, the data warehouse technology in the business enterprise applications has broad prospects. GAINING A COMPETITIVE ADVANTAGRE DSS. Carry out market analysis Trend analysis Subgroups of commodities, layout, purchase of the analysis, recommendation and merchandise The analysis of the effectiveness of promotional activities carried out Customer loyalty analysis RESOURCES AND CAPABILITIES xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx MAIN RESEARCH OUTCOMES Given below are the main research outcomes that we came across. The figures however are derived from observing past data of the organisation. à ¢Ã¢â ¬Ã ¢ This project can be deployed with an initial cost of around US$.1 million à ¢Ã¢â ¬Ã ¢ ROI Expectation time within 18-30 months à ¢Ã¢â ¬Ã ¢ Expected sales growth up to the maximum of 25%-35% à ¢Ã¢â ¬Ã ¢ Clear competitive advantage with the new system BIBLIOGAPHY Book references: [B1]Jun Chen, Sheng Yi-chi, CHEN Mian-yun. OLAP-based data warehouse DSS application in the study of .2003 (1) :30-31 [B2] WHInmon. Data warehouse. Mechanical Industry Press, 2000,5 [B2] SWOT Analysis I: Looking Outside for Threats and Opportunities [B3] Australias Construction Industry Porters Five Forces Strategy Analysis by Aruvians Rsearch Web references: [E1]
Sunday, January 19, 2020
Healthcare Finance Essay
Like with any household, businesses have some expenses that are the same each month, and others that fluctuate based on utilization. The mortgage, car note, and insurance premiums for the most part are the same throughout the year, but the utility bills, credit card bills, and cell phone bills may increase or decrease monthly based on usage. In health care organizations, several types of cost can be classified according to the amount of services provided. This can be referred to as activity, utilization, or volume (Gapenski, 2012). Reference for Business (2012) says, ââ¬Å"Fixed and variable expenses are the two main components of a companyââ¬â¢s total overhead expenseâ⬠(p.1). This paper will address how costs in healthcare organizations are classified according to their volume, and the importance of cost allocation. ââ¬Å"â⬠¦for healthcare providers, a cost involves a resource use associated with providing or supporting a specific serviceâ⬠(Gapenski, 2012, p. 14 8). With fixed and variable cost classification the range of volume should be specified (Gapenski, 2012). In health care organizations, the actual future volume is uncertain for the number of patient days, number of visits, number of enrollees, or the number of diagnostic tests (Gapenski, 2012). However, a general idea of the volume range over a particular period of time is usually known (Gapenski, 2012). Fixed costs are known and are not related to volume within a relevant range (Gapenski, 2012). Unless the volume deviates excessively in a positive or negative direction, fixed cost is not affected. Basu (2012) says, ââ¬Å"Fixed costs remain constant within a specific range of activity. However, if volume increase or decrease past certain levels, fixed cost may changeâ⬠(p.1). For example, if a physicianââ¬â¢s office staff can handle up to 10,000 patient visits, as long volume stays within the relevantà range of 8,000 to 10,000 defined by the office, the fixed costs remains un changed (Gapenski, 2012). Although most fixed costs such as equipment, weekly payroll, and rent are fixed for a period of time, an increase or decrease in volume in the future could mandate changes/adjustments to the fixed costs (Gapenski, 2012). Fixed costs dose not fluctuate with volume changes within a relevant range, but variable costs does. ââ¬Å"Costs that are directly related to volume are called variable costsâ⬠(Gapenski, 2012, p. 150). Reference For Business (20120 says, ââ¬Å"Variable costs are those that respond directly and proportionately to changes in activity level or volumeâ⬠¦Ã¢â¬ (p. 1). Using the physicianââ¬â¢s office above as an example, some of their variable cost could be gloves, tongue depressors, disposable exam gowns, and needles. As patient volume fluctuates, the cost associated with these supplies will also fluctuate in relation to the volume changes. Because some costs are organizational and some are specific to a subunit, it is necessary to create a system that a llocates costs (Gapenski, 2012). ââ¬Å"A critical part of cost management at the subunit level is the assignment, or allocation, of direct costs. Costs allocation is essentially a pricing process within the organization whereby managers allocate the costs of one department to other departmentsâ⬠(Gapenski, 2012, p. 188). Overhead cost such as, facilities management personnel, financial staffs, and housekeeping and maintenance personnel, must be allocated to the money generating departments of an organization (Gapenski, 2012). Cost allocation assigns the costs of an organization to the entities that incurred the costs. Cost allocation data allows the organization to make better decisions in, tracking, assigning, and controlling costs, as well as the offering and pricing of services. (Gapenski, 2012). Cost allocations can also assist with reducing cost, because departments are held accountable for the full cost associated with running their department. As a result, mangers will use costs saving methods to keep c osts down, since evaluations, compensation, and promotions are sometimes dependent on economic results (Gapenski, 2012). Costs can be fixed or it can be variable. ââ¬Å"Peavler (2012) say, ââ¬Å"Fixed costs are the costs associated with the product that have to be paid, regardless of the volume of the product you sell. Variable costs are directly related to salesâ⬠(p.1.). ââ¬Å"â⬠¦some cost are more or less predictable because they are independent of volume, while other costs are much lessà predictable because they are related to volumeâ⬠(Gapenski, 2012, p. 150). Whether fixed or variable, costs are usually allocated within an organization. Averkamp (2012) says, ââ¬Å"The goal is to assign the costs based on the root cause of the common cost instead of merely spreading the costsâ⬠(p. 1). Knowledge and utilization of these concepts, helps with current and future planning for an organizations financial success. References Averkamp, H. (2012). What is cost allocation?. P. 1. Retrieved from http://blog.accountingcoach.com/what-is-cost-allocation/ Basu, C. (2012). Effects a Sales Volume Increase or Decrease Will Have on Unit Fixed Cost. P. 1. Retrieved form http://smallbusiness.chron.com/effects-sales-volume-increase-decrease-uniâ⬠¦ Gapenski, L. C. (2012). Healthcare Finance: An Introduction to Accounting and Financial Management (5th ed.). Chicago, Illinois : AUPHA Press / Health Administration Press. Peavler, R. (2012). Fixed and Variable Cost. P. 1. Retrieved from http://bizfinance.about.com/od/pricingyour product/qt/Fixed_Variable_Costâ⬠¦Ã Reference for Business. (2012). Fixed and Variable Expenses. P. 1-4. Retrieved from http://www.referenceforbusiness.com/small/Eq-Inc/Fixed-and-Variable-Exâ⬠¦
Saturday, January 11, 2020
Project Management Sample Assignment Essay
The Association for Project Management (APM) suggests that the project business case provides justification for undertaking a project by evaluating benefit, cost and alternative options. The main purpose is to obtain approval and commitment for investment in the project (Association for Project Management 2006, p.129 and MGT8022, USQ 2013). According to Project Management Institute (PMBOK, PMI 2013), the business case describes information from a business standpoint to determine whether or not the project is worth of investment. It is used as a decision making tool by senior leadership. Based on the above, US Toys business case (attached as Appendix I) is being examined with a review of process and process control, project management literature and project management framework. According to Turner (2009), performance improvement can come from sources like operational efficiency, organization effectiveness or higher order strategic issues due to changes in technology or overall busine ss strategy. New capabilities will not solve the problems blocking performance improvement directly but rather it is necessary to achieve intermediate benefits before realizing the main benefit. It is evident from the business case that US Toys has purchased a software solution called Demand Chain Management whose full benefit will be show-caused by integrating it with its legacy warehouse management system. During initial planning phases, appropriate team members or groups should be involved so that they contribute and create auxiliary ideas (Young 2006). Key components of business case like project purpose, objectives and success criteria were established, US Toys business case misses on holistic identification of stakeholders and other critical components. Business case is a recommendation to take a particular course of action supported by benefits, costs and risks analysis (Journal reference). Critical elements of a business case applied to the case scenario are summarized in the following table DefinitionDiscussionUS Toys Business caseA business case should be a recommendationRecommendation should have finely balanced options providing purpose and direction.Business case lists two cost impact options with a nothing option to continue current processes. However, it does not list supporting analysis on why option 3 is recommended. Providing supporting analysis of benefits with the option will influence business decision.For the organisationA business case is worth for significant projects in organisationBusiness case pertains to increasedà operational efficiency and hence it is a significant project for the organisation.Supported by analysis of benefitsBusiness case requires exegesis of strategic rationale as well as more detailed, systematic analysis of benefitsUS Toys business case lists options but lacks systematic analysis and strategic rationale.CostsCost estimation is the difficult aspect in a business case but without it, the case cannot be madeCost estimates provided in the business case appear to be high level. It would be good if Return on Investment (ROI) and break even duration are provided as an additional supporting analysis.RisksProjects involve risks and understanding and taking ownership of risk is an essential part of a business caseUpon evaluation, US Toys business does not have risk manag ement process or risk scoring methodology. (Adapted from Gambler 2009, Making the business case Table 1.1 on page 2). Upon review of US Toys business case, it is evident that the enhancements to the existing Warehouse Management System are undertaken for achieving operational efficiency and technology as depicted in below figure. Figure Achieving performance improvement (Adapted from Turner, 2009, Chapter 2 figure 2.2) The targeted benefits lists operational efficiency and leveraging new technology in the form of interfaces to purchased package solution. From the above figure, it is evident that performance is directly proportional to the time involved. The higher the targeted performance the more time required. However, US Toys Business case has not included duration of the project. One of the key definition of project is a project will have definite start and end time in other words a fixed duration during which resources, tools and organizational efficiencies are logically grouped to achieve an agreed upon outcomes. The business case provides a consolidated and summary-level overview of the proje ct. It should address objectives, critical success factors, and communication plan and measurement framework to measure the work being undertaken. It will form the baseline from which the project planning can proceed (MGT8022, USQ 2013) The more formal business case contains more quantitative information for decision making purposes. Applying these principles to US Toys Business case, it is evident that it does not include detailed quantitative information. Though SOWT/TOWS analysis has been included in the Appendix, it does not cross reference to the main objectives of the purpose. While presenting the business case toà the stakeholders, it is imperative to talk about key strengths of the organization and how they can be leveraged to overcome the weaknesses or to exploit opportunities for the benefit of the organization. In addition to this, benefit analysis is shown for the option being recommended. This gives an impression of being forced to take that option instead of recommendation. By including benefit analysis for the option 2 outright purchase of a pre-packaged application, business case would have provided a comparison for the stakeholders in taking an informed decision. Upon review of US Toys business case, it is evident that risk assessment involves continuous monitoring and assessment ongoing basis. It would be beneficial to use spiral model for the proposed solution. By clarifying on the future risks unknown at the point will be known in the course of time during project execution. This provides a framework to manage risks. Figure (Adapted from Turner, 2009 The Spiral Model Chapter 11, figure 11.3) As depicted in the above figure, by advising an appropriate model like spiral model, will provide a framework of project management methodology being followed for the proposed project. This will clarify to the decision makers that process of risk assessment is continuous and does not end with those listed in the business case. As the project progresses, a mechanism is in place to identify risks and appropriate risk response planning is incorporated. According to Turner (2009), projects has three levels of planning the integrative level, the strategic level and tactical level. The business case would have presented with greater value by defining the objectives at the above three levels like efficiency improvement as strategic level, achieving integration of Warehouse Management System with the recently procured Demand Chain Management system as integration level and reduced cycle times in supply chain as tacti cal level. The summarized objectives as listed in the following table will be value-add to the business case. LevelObjective of the proposed projectStrategicWarehouse operational efficiency improvementTacticalReduced cycle times in replenishment of stock at stores country-wideIntegrativeSynergy by integrating with Demand Chain Management system Based on the above analysis, it is recommended for all future projects, US Toys project management team should employ a systematic project management processes in addressing their deficiencies particularly financials and controls analysis in the formation of business case. Theà successful project deliverables are dependable upon system thinking approach involving people, structures and application of processes. It is also recommended that to provide an assessment of the Project/Stakeholder relationships to have a better understanding of relationships. References Archibald, R 1992, Managing high technology programs and projects, 2nd edn, John Wiley, New York, USA. Gambles, I 2009, Making the business case proposals that succeed for projects that wo rk, Ashgate, Farnham, UK, pp. 1-20. Gardiner, PD 2005, Project Management A Strategic Planning Approach, Palgrave Macmillan, New York MGT8022 Project-based management, Study book -University of Southern Queensland, 2013. PMI 2013, A guide to the project management body of knowledge (PMBOK Guide), 5th edn, Project Management Institute, Newtown Square, Pennsylvania. Turner, RJ 2009, The handbook of project-based management Leading strategic change inorganisations, 3rd edn, McGraw Hill, New York Young, TL 2006, Successful Project Management, 2nd edn, Kogan Page Limited, London. APPENDIX ââ¬â I US Toys ââ¬â BUSINESS CASE Introduction US Toys is a leading seller of Toys merchandise in the world with 700 plus stores in United States and 900 plus international stores located in United Kingdom, Canada, Mexico, Germany, France, Spain, Australia, Hong Kong, China and Japan. This business case is for proposed enhancements to current Warehouse Management System for increased operational efficiency. Demand Chain Management (DCM) is a Teradata product currently employed by the US business to control inventory flow from the vendor-to-DC (Distribution Centre) and DC-to-store. DCM supports the full automation of these functions by utilizing the RDF (Retail Demand Forecast) forecast and applying proactive inventory management policies. Included in sc ope for the DCM project are enhancements to the International Warehouse Management System (WMS) to enable to efficiently process store replenishment orders generated by DCM. Overview Vision To ship less quantity of an item to stores but more frequently and ensure that forecasted demand (from RDF) is covered, as well as minimum shelf stock (MSS). Organisational Objective US Toys is restructuring its business operations for cost effectiveness and has set a target of improving operational efficiency by 10 by year 2014. By shipping less quantity but frequently will result in reduced idle inventory in stores and distribution centres. Business Case Purpose of Business case DCM will generate new SOQs (Store Order Quantity) each day that will be usedà to pull goods from DCs to Stores as needed, based on the sales demand forecast from RDF. Instead of processing a large batch of Transfers early in the week, the DCs workload will likely adjust so that smaller waves are processed each day for stores that have a scheduled delivery (Appendix C System Flow). Maximize cross dock ability (to ship the goods to stores, which have been received by Distribution Centre on the same day hence eliminating storage space and effort for put away operations (Appendix C System Flow). Business Case Sponsor This business case is sponsored by Senior Vice President Merchandising Senior Vice President Purchasing Situational Assessment and Problem Statement Current process and its limitations when compared to the proposed solution can be summarized in the following table Operational Process/AttributeCurrent ProcessProposed SolutionFrequencyStores get shipment from DC once in a week which is resulting in huge costs in terms of trailers, labour and storage (floor area)Instead of processing a large batch of Transfers early in the week, DCs workload will likely adjust so that smaller waves are processed each day for stores that have a scheduled delivery.User InterfaceCurrent process has to be run from a legacy terminal and maintenance of these terminals is cost intensive.A new web interface is being proposed for the DC to use to plan and create waves that will process both Transfers and Receivers from Interactive Transfers System (existing Legacy system), as well as SOQs f rom DCM. By having a web interface, wave can be planned and process from any system (like PC or Laptop) instead of current use of legacy terminalsCross Dock EfficiencyCurrently receivers (shipment from vendors) and transfers (shipment from DC to stores) are run independently. This limits cross dock ability.To maximize cross-dock, daily receipts will be processed for all stores, each day. PrioritizationCurrent process does take into account trailer capacity. This results in shipping those goods which are not required immediately. Goods which are required urgently are put onto next trailer which results in a weeks delay.Service Level Maintenance is being proposed through a web interface which will be used as input in generating the wave. If a trailer does not have capacity, low priority goods will be excluded from that days shipment and will be included in subsequent wave.Optimize Case PickCurrent transfer system does not optimize case picks (where a carton has to be opened and ship said individual pieces).Theà proposed system will utilize current and future needs of a store for optimizing the case picks to a full carton thereby case pick operation is optimized. Assumptions and Constraints Based on SWOT/TOWS analysis as listed in Appendix A, following assumptions and constraints have been summarised. Assumption DCM system is live and in use before building the propos ed system. All web interfaces are being developed for Internet Explorer browser. Proposed enhancements are for International Warehouse Management System and do not include domestic transfers/receipts. Any customisation to DCM is not included in the current scope. Constraints Proposed enhancements will handle multiple distribution centres within a country. Cross country transfers are not possible. Identification and Analysis of Options Identification of Options Following options are available to the organization Option 1Do nothing Option 2Purchase packed Warehouse Management System and interface with Demand Chain Management system. Option 3Enhance the current in-house developed Warehouse Management System. Comparison of Options Key parameter comparison of options is summarized as CriteriaOption 1Option 2Option 3CostNothingUS 1.5 million plus recurring license fee of US 7,500 per instance if purchased instance basis or 25,000 enterprise wide.US 0.5 million and no on-going costs as current support teams can support the enhanced system.HardwareNot applicableServer Infrastructure need to be upgraded costing US 1 million.None as Current infrastructure can handle the enhancements.Benefits to PurchasingNot applicableIntegrated packaged solution will benefit purchasing in making purchasing decisions based on actual stock in DC stores and forecasted demand. Enhanced Warehouse Management System is integrated with DCM thus providing enhanced abilities to make purchasing decision.Benefits to MerchandisingNot applicableOff the shelf package require customization to enable Merchandising to integrate with current legacy systems.Ability to run transfers/receipts on daily basis will result in efficient use of Distribution Centre floor space, trailers and labour. Recommended Option Based on the comparison and benefit analysis in Appendix B, Option 3 Enhancements to Warehouse Management system is recommended for the organization at this point in time. Implementation Strategy Based on the details explained in section 6, Enhancements to Warehouse Management System is scoped as below Project Title Project is being name as iWMS Internetà enabled Warehouse Management System Target Benefits Web Interface to plan and create waves to process transfers and receipts. Web interface to maintain service levels for inventory (Prioritization) Optimized case p ick and re-packing Outputs Browser based interactive screen to process transfers and receipts. Integration with DCM system to update replenishment information for future demand forecasting. Budget Cost break down of Option 3 Enhancements to Warehouse Management System. ActivityEstimated Cost (in US Dollars)Initiation and planning25,000Development Costs300,000Testing Unit and integration25,000Implementation Costs including documentation, training and travel.150,000 Appendix A SWOT/TOWS Analysis Strengths-SWeakness-W1. Brand Value1. Inefficient use of floor space in DC.2. Quality Processes2. Delay in shipping high priority goods to stores3. Own trailers3. Stock out in stores even if the stock is in DCO-OpportunitiesSO ââ¬â StrategiesWO- Strategies1. Efficient Cross Dock Ability1. By cross docking receipts will improve Distribution Centre floor space and stock the goods for seasonal demands.(S2/O1)1. Increase efficiency in customer communication by several mediums like social media and internet (W1, W3, O1)2. Web Interface2. Flexibility to run waves either from PC or Laptop S2,S3/O22. Provide fuel efficient means to process transfers/receipts (W1.O2)3. Prioritisation3. By prioritizing goods, high priority goods are delivered to stores just in time (JIT) ââ¬â S1,S2, S3/O33. Prioritization of goods will result in efficient trailer utilization (W1, W2, O1,O2, O3)T-ThreatsST ââ¬â StrategiesWT ââ¬â Strategies1. Increasing Competition1. By scheduling trailers like small or medium instead of standard 18 wheelers result in fuel efficiency (S2,S3,T1,T2, T3)1. Implementing lean, Kanban quality processes to reduce non-value add processes. (W1, T3, T1)2. Increasing fuel costs2. Focus on selected market segment for long term growth and market penetration (S1,S3, T2, T1)2. With high service quality and shelfs full of products, reduce the risk of losing customers (W1, W2, T1, T3)3.
Friday, January 3, 2020
Visit, To Visit, Visitor - Confusing French Pairs
There are a number of French equivalents for the English verbà to visità and nounsà visità andà visitor. I.à To Visit Aller voirà is the most general French term - it literally means to go to see, and is used only when visiting people. A somewhat more formal verb used to indicate that you are visiting people isà rendre visite à . Je vais voir Monique. Im going to see Monique. Elle va voir ses parents. Shes going to see her parents. Je rends visite Anne. Im visiting Anne. Nous rendons visite Luc. Were visiting Luc. Aller à à is used when you are visiting a town, museum, or other attraction. A more formal verb for this isà visiter. Je suis all Versailles. I went to Versailles. Nous allons en Belgique. Were going to Belgium. Jai visit le Muse dOrsay. I visited the Orsay Museum. Il visite actuellement Cannes. Hes currently visiting Cannes. A formal visit, such as an inspection, is expressed withà inspecterà orà faire une visite dinspection. II.à Visit The wordà visità can be translated by uneà visiteà (a tour) or unà sà ©jourà (a stay with someone).à La visite du muse dure 15 minutes. The museum visit lasts 15 minutes. Son sjour chez nous durera 3 jours. His visit with us will last 3 days. III.à Visitor Uneà visiteà is the general term for aà visitorà who is visiting a person, whileà un(e) invità ©(e)à refers to a guest at a home or party.à Un(e) client(e)à is at a hotel and unà visiteurà visits a museum or exhibition. Je nai pas beaucoup de visites. I dont get many visitors. Il y aura 100 invits la fte. There will be 100 guests at the party. Les clients cet htel sont riches ! This hotels visitors are rich! Le muse reoit 200 visiteurs par jour. The museum gets 200 visitors a day. IV. Summary Visiting a... Personà Place To visità aller voirà à aller à rendre visite à à à à à visiter Visit à un sà ©jour à à une visite Visitorà un invità © à à un clientune visite à à à à à à à un visiteur
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