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Chapter 2 MAJOR BUSINESS INITIATIVES Gaining Competitive Advantage with IT. STUDENT LEARNING OUTCOMES. SMACK – GROUP OF JELLYFISH OR SHOPPING?. Social Commerce Shopping. Questions. Do you use a live auction site like eBay? How does it differ from Jellyfish?
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Chapter 2MAJOR BUSINESS INITIATIVESGaining Competitive Advantage with IT
Questions Do you use a live auction site like eBay? How does it differ from Jellyfish? Visit Jellyfish.com. What is the process of becoming a participant? What sort of products would be best suited for a reverse auction format?
CHAPTER ORGANIZATION Supply Chain Management Customer Relationship Management E-Collaboration IT Culture Enterprise Resource Planning
SUPPLY CHAIN MANAGEMENT Supply chain management (SCM) Supply chain management (SCM) system Just-in-time (JIT)
Supply Chain Management inter-modal transportation This creates supply chain complexities
Opportunities of SCM Business strategy Goal is to squeeze out every penny of cost possible in the supply chain This will optimize fulfillment, logistics, production, revenue and profit, and cost and price
IT Support for SCM SCM systems pioneered by specialist companies SCM is now part of ERP software (discussed later) Learn more
CUSTOMER RELATIONSHIP MANAGEMENT Customer relationship management (CRM) system multi-channel service delivery Focuses on:
Customer Relationship Management Sales force automation (SFA) systems
Opportunities of CRM Business strategy Classic goals
IT Support for CRM Front-office systems Back-office systems Both interface to CRM database and analysis and reporting systems
E-COLLABORATION E-collaboration is the use of technology to support
Integrated Collaboration Environments Integrated collaboration environment (ICE) Virtual team An ICE can be as basic as e-mail or more sophisticated as in Workflow system Document management system
Knowledge Management Systems Knowledge management (KM) system
Social Networking Sites & Systems Social networking site Social networking system
Informal Collaboration Previous e-collaboration tools have “organizational” focus Information collaboration tools focus on “informal” groups of people getting together Wiki Such content is called open-source information:
Opportunities of E-Collaboration Good for just about every type of business strategy
IT Support for E-Collaboration Just a few of the literally hundreds of e-collaboration tools
IT CULTURE IT culture
IT Function Structural Placement Top-down silo
IT Function Structural Placement Fully integrated
IT Culture Philosophical Approach Ranging from… “Wait and see” Early adopters
ENTERPRISE RESOURCE PLANNING How do you bring together SCM, CRM, and e-collaboration systems? With an ERP system. Enterprise resource planning (ERP) system
ERP Attempts to integrate everything Think about your school