The method of Just in Time Delivery makes the material movement to a location that is specific at particular required time. The required time is the time which is just before when the material is required in the process of manufacturing (Battini, Boysen & Emde, 2013). The technique of Just in Delivery method works only if all the operations that are to be carried out are synchronized closely with subsequent operations so make the operation a successful one. For controlling the inventory of an organization to bring all the materials to production process, customers and warehouses just in time when it is to be used is done by a method known as Just in Time Delivery. This process reduces the storing process at excessive level of material in the storerooms.
The total amount of inventory that is needed throughout the supply chain is reduced by the help of JIT method of inventory control and manufacturing. This method is used as a cost saving methodology in an organization because it helps to cut the cost of inventory. To execute the method of Just in Time Delivery, all the processes and operations in manufacturing or supply chain need to be synchronized and the demand of customer are to be forecasted accurately in all operations that are needed.
E-Commerce is the electronic commerce that is used in transaction process of businesses. Electronic commerce is a process in which consumers and businesses can sell and buy goods and also services via electronic medium. The emergence of electronic commerce happened in 1990s and use of it is increasing rapidly (Wang, Wang & Liu, 2016). Maximum companies in these present days do their work online. It has become necessary for all the businesses and companies to conduct their services and businesses online via internet. Using internet for conducting businesses has become necessity. Everything from clothes and food, furniture and entertainment are purchased online via internet. Two most common examples of electronic commerce are Amazon and eBay. These companies allow their customers to buy services and goods online from companies and other consumers. They also host functions that are online. Customers get benefited by theses services that are provided online because they get much payment options and delivery options in those online sites.
The process of delivering applications via internet is done by Software as a Service. These services are provided with the help of internet in which applications are delivered. This process does not need the headache of installing software or maintaining software (Sezer et al., 2013). Simply they are transmitted via internet without any hardware and software management. Other names of SaaS are Web-Based Software, hosted software and on-demand software. The servers of SaaS provider run the applications of SaaS. The SaaS provider manages the access of application that includes performance, availability and security.
The Service as a Software model can be better understood by taking an example of a bank. The bank protects the privacy of all the customers by giving them secure and reliable services. The financial technologies and systems that are used by customers are used without any worries of being their personal data getting hacked.
The process in which all the documents of an organization are done systematically so that the organization gets all the work done and can take key decisions is known as strategic planning (Wolf & Floyd, 2017). Strategic planning is set of statements that are used to describe the ethical conduct and purpose of the business along with all the specific strategies that are designed so that they can achieve the target that they want to achieve.
Managing the network that are related to all the activities and processes which involves procurement of all raw materials, manufacturing of goods and distributing the finished goods is known as Supply Chain Management (Stadtler, 2015). The art of managing to provide right product, at right time and also at right place and right cost is also included in Supply Chain Management. The backbone of Business Organizations is the strategies of Supply Chain Management. The supply of products and effective coverage of market at specific locations helps to recognize the revenue that depends on the SCM effectiveness. The supply chain system includes the full process when the product is firstly introduced in market and then advertised to the process till customers buys and takes the delivery of the product.
A specified class of information that is computerized which supports the organizational and business activities of decision making is the Decision Support System (DSS). The Decision Support System if is properly designed is a system of software based that is interactive and is intended to provide help to the decision makers that compiles useful data from documents, raw data, business models and personal knowledge that are used to solve problems and identify them and also make decisions accordingly (Miller et al., 2015). The system of decision support is an information system that is computerized which is used to give support to the process of decision making in a business and organization. Decision Support System uses massive data reams and through user sifts and also compiles information which is used for solving problems and takes better decisions. The benefits that are provided by DSS provides decision making that are more informed, solves problem timely and also improves the efficiency that deals with the problems that changes the variables rapidly.
Virtual Infrastructure that gets delivers and accesses through internet or network is known as cloud infrastructure. The cloud infrastructure is a on demand services and products that are delivered via a model which is known as Infrastructure as a Service. This is a basic model f delivery that is related to cloud computing (Almorsy, Grundy & Müller, 2016). All the computing resources get complemented with networking and storage services that are provided by all the users. The users get access to an information technology infrastructure that is used by them only. The users do not have to pay for the construction of cloud infrastructure. The components and virtual machines that are included in a cloud infrastructure are: virtual servers, virtual switches, routers and hubs, virtual memory, virtual cluster storage and virtual PCs.
Web 2 is known as the second generation of World Wide Web. This was first introduced in the year 2004. The 2.0 denotes the new version of the web that is used by the world. New functionality and features are included in the new generation of the World Wide Web. The Web 2.0 consists of technological improvements in series (Brake, 2014). An interaction of level user is provided by World Wide Web 2.0. The websites are more interconnected and dynamic that produces communities that are online and make the sharing of information in an easy way. The features that are provided by Web 2 are free services which include sites like Wikipedia, Facebook that are growing faster.
Private virtual space is known as extranet that is used to collaborate securely, share the information and integrate operations with the teams that are travelling, suppliers, partners, customers and vendors (Moussa, 2016). Examples of extranet are order forms of sales extranet, sales team client directories, customer portal and an extranet of partner which enables the joint task management that are needed when collaboration on specific documents are done by the clients. Security and also privacy are to be provided by extranet. The privacy and security includes server management of firewall, use of digital certificates and user authentication, message encryption and also use VPN (Virtual Private Networks) in public network.
The analysis of big data gives users of data scientists and other users to calculate very large volume of data transaction and also other sources of data that are used for business systems that are traditional which are unable to handle (Hashem et al, 2015). Big data analysis helps all keep secure all the information of an organization which the traditional system cannot analyze. Big data works with large volumes of data and synchronize them for the organization that needs to store all their data and information.
The key elements of data mining are:
Reserve Stock Level of Enterprise Resource Planning is very important for system performance because it is not possible to assume the amount of total stock that is needed for manufacturing and the amount of stock that is available at that time (Turban, Volonino & Wood, 2014). The industries needs reserve stock so that they can predict the amount of resource they need to manufacture a particular product. Demand is always variable which are affected by some other seasonal effects, new customers, old customers and shock events. Predictions can be made on behalf of businesses that are possible accurately.
The total amounts of the inventory that are kept by businesses are described as the safety stock of the business. This helps to give protection to the events that are unforeseen like supply or demand shortages. Minimum levels of stock are already employed by most of the businesses. The main goal of the reserve safety stock gives assurance that there is most sufficient amount of product that is available to the customers. The prediction for the stock that is to be needed by the company cannot be predicted at advance. The suppliers have their personal problems in supplying the requirements that are needed by the company. For this uncertainty, having stocks in reserve are needed by a company in an enterprise resource planning.
References
Almorsy, M., Grundy, J., & Müller, I. (2016). An analysis of the cloud computing security problem. arXiv preprint arXiv:1609.01107.
Battini, D., Boysen, N., & Emde, S. (2013). Just-in-Time supermarkets for part supply in the automobile industry. Journal of Management Control, 24(2), 209-217.
Brake, D. R. (2014). Are we all online content creators now? Web 2.0 and digital divides. Journal of Computer?Mediated Communication, 19(3), 591-609.
Hashem, I. A. T., Yaqoob, I., Anuar, N. B., Mokhtar, S., Gani, A., & Khan, S. U. (2015). The rise of “big data” on cloud computing: Review and open research issues. Information Systems, 47, 98-115.
Miller, A., Moon, B., Anders, S., Walden, R., Brown, S., & Montella, D. (2015). Integrating computerized clinical decision support systems into clinical work: a meta-synthesis of qualitative research. International journal of medical informatics, 84(12), 1009-1018.
Moussa, M. (2016). Internet, Intranets and Extranets in Organizations: An Integrative Literature Review. SIU Journal of Management, 6(1), 1-39.
Sezer, S., Scott-Hayward, S., Chouhan, P. K., Fraser, B., Lake, D., Finnegan, J., … & Rao, N. (2013). Are we ready for SDN? Implementation challenges for software-defined networks. IEEE Communications Magazine, 51(7), 36-43.
Stadtler, H. (2015). Supply chain management: An overview. In Supply chain management and advanced planning (pp. 3-28). Springer Berlin Heidelberg.
Turban, E., Volonino, L., & Wood, G. R. (2014). Information Technology for Managment: Digital Strategies for Insight, Action and Sustainable Performance. Wiley.
Wang, W. T., Wang, Y. S., & Liu, E. R. (2016). The stickiness intention of group-buying websites: The integration of the commitment–trust theory and e-commerce success model. Information & Management, 53(5), 625-642.
Wolf, C., & Floyd, S. W. (2017). Strategic planning research: Toward a theory-driven agenda. Journal of Management, 43(6), 1754-1788.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download