Week 10 - Organizations and IS Flashcards
(16 cards)
Information Systems by Scope
- Personal IS
- Workgroup IS
- Enterprise IS
- Inter-Enterprise IS
Information Silo
situation when data are isolated in separate systems
Solve problems of departmental silos
- sales and marketing (lead generation, lead tracking, sales forecasting, customer management)
- operations (order entry, order management)
- manufacturing (inventory, planning, scheduling)
- customer service (account tracking, customer support and training)
- HR (recruitment, compensation, HR planning)
- accounting (general ledger, financial reporting, account receivable, account payable)
Problems of Information Silos
- data are duplicated
- disjointed business processes
- lack of integrated enterprise information
- inefficiency: decisions are isolated
- increase expense
ERP
(Enterprise Resource Planning)
–> improve and streamline internal processes/operations
CRM
(Customer Relationship Management)
–> enhance the relationship with the customer
- a suite of applications, a database, and a set of inherent processes
- intended to support customer-centric organization
- manage all interactions with customers through 4 phases of customer life cycle (customer acquisition, relationship management, loss/churn, marketing)
SCM
(Supply chain management)
–> facilitate collaboration among suppliers and also a different business partner
Supply chain + flowing upstream, flowing downstream
–> supplier, manufacturer, distributor, retailer, customer, transportations, and warehouse
flowing upstream: from customer
flowing downstream: to customer
bullwhip effect
evaluate CRM and SCM performance
- benchmarking (a process of measuring performance and comparing it with other players in the industry)
- metrics (the assessment criteria)
SCM Metrics
- backorder
- customer order promised/actual cycle time
- transit time
CRM Metrics
measure user satisfaction and interaction (sales metrics, service metrics, and marketing metrics)
ERP systems are powerful tools because
- logical solution to incompatible applications
- addresses global information sharing and reporting
- avoids the pain and expenses of fixing legacy systems
ERP Components
Core
1. accounting and finance
2. production and materials management
3. HR
Extended
1. BI
2. CRM
3. supply chain management
4. E-business
4 CRM applications (from CRM Database)
- sales applications
- relationship management applications
- customer support applications
- solicitation and lead management application
ERP
Enterprise Resource Planning
- Suite of applications, database, and a set of inherent processes
- For consolidating business operations into a single consistent computing platform (internal
processes)
- Integrates all departments and functions throughout an organization into a single system (or
integrated set of IT systems)
- Employees can make enterprise-wide decisions by viewing enterprise-wide information on all
business operations