Monday, February 17, 2020

Proposal Essay Example | Topics and Well Written Essays - 1000 words - 1

Proposal - Essay Example Problem Statement The ‘We Are Automobile’ company deals with trade of spare parts products to the motor industry and its representatives are often going at potential customers’ premises to sell their products. Currently, the company does not have an Information Technology department and there is no IT system implemented. Therefore, the company processes the customers’ request manually and stores all the information on relative registers. The company is facing many problems due to manually working and inconvenience for storing and accessing information from the premises of the customer. Keeping in view the problem, the company has decided to implement Information Technology solution. There are two possible IT solutions for solving the problems of the company including implementation of traditional Enterprise Resource Planning (ERP) and the Cloud Computing. The document also discusses advantages and disadvantages of the both solutions along with recommendatio ns for the company to implementation of one of the two technologies. Keeping in view the company’s background and analysis of both solutions, the document reveals that the Cloud Computing has more advantages over the traditional ERP. Further, the document presents a technical approach and project management to implement the proposed solution (Alley, 2010). Information Technology Solutions As mentioned above, there are two IT solutions to solve the problems of the company, the ERP implementation and the Cloud Computing. â€Å"A system designed to support and automate the business processes of medium and large businesses. It provides an enterprise wide solution for all business activities with a single application and single data repository† (Mutt, 2010). A comprehensive Enterprise Resource Planning (ERP) solution may be developed to solve the problems and fulfil the requirements of the company. Usually, the modules of ERP include Finance & Accounting, Customer Relations hip Management, Human Resources Management, Payroll, Inventory & Procurement, Sales and Project Management. The ERP is a complete solution that can provide services to the company and make the company ICT enabled (Ingthorsson, 2012). The second possible IT solution is Cloud Computing that provides hosted services over the Internet. There are mainly three categories of these services including: Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform-as-a-Service (PaaS). Furthermore, the cloud services can be differentiated to the traditional hosting through many features/characteristics; however, the main three diverse features include: the consumer/customer just need to pay all the maintenance/services are managed by the service provider, customer can take services according to requirement (little or full), and the services are provided on demand by hours, days, weeks, etc. (Rouse, 2010). Cloud Computing - Software as a Service, BScaler Comparison of Tradition al System Vs Cloud Computing A comparison of both Information Technology solutions the traditional system and Cloud Computing has been given below (Metal Center News, 2011): S. # Traditional System Cloud Computing 1. On-site or traditional ERP systems have constraints in managing particular Supply Chain tasks that include: inventory accessibility, readability, and order information synchronization at customers’ place. ERP based on cloud computing does not have such constraint as the application can be accessed from

Monday, February 3, 2020

Key microeconomic Essay Example | Topics and Well Written Essays - 500 words

Key microeconomic - Essay Example CPI should not pose a threat to firms such as Proctor and Gamble. The firm can be position in a segment of the market where it would not have to compete directly with the market leaders. The best way to achieve that goal is by implementing a differentiation strategy. A variable that can help the company achieve a differentiation strategy is the quality of its products. A second important economic variable that CPI has to consider is pricing. The pricing strategy is very important because price determines the ability of a company to achieve superior profits. Products that are underpriced may sell well but its overall effect in the profitability of a company is not optimum. CPI has to study the market prices of all the products it sells. In a pricing study the firm should analyze the market price of each product in the US, internationally and online. Selling the products at a premium price can help the firm differentiate from low cost producers. The price structure of the company shoul d be sufficient to pay off for all variable and fixed cost while at the same time leaving a hefty surplus of profits. The profit margin of the enterprise should be equal or better than the industry average.