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44 Cards in this Set

  • Front
  • Back
Transaction Process System (TPS)
monitors, collects, stores and processes data generated from all business transactions
Source data automation
the process of automating the TPS data entry as much as possible because of the large volume involved.
Batch Processing
a firm collects dataa from transactions as they occur, placing them in groups or batches, then prepares and processes the batches periodically.
Online Transaction Processing (OLTP)
when business transactions are processed online as soon as they occur.
Functional Information Systems or Management Information Systems (MISs) or Functional Area IS
provide information to managers (usually middle-level managers) in the functional areas.

Also support planning, organizing, and controlling operations.
Routine reports
scheduled
Ad-hoc reports
on demand
-drill-down reports
-key-indicator reports
-comparative reports
exception reports
outside the norm
Information Systems for Specific Functional AreasEnterprise
Information Systems that are designed to support a functional area by increasing its internal effectiveness and efficiency in the following areas: accounting, finance, marketing, operations (POM), and human resources management functional areas.
Enterprise Resource Planning (ERP)
integrate the planning, management and use of all resources of the organization.

-main objective is to tightly integrate the functional areas of the organization and to enable seamless information flows across the functional areas.
Business process
a set of related steps or procedures designed to produce a specific outcome
Best practices
the most successful solutions or problem-solving methods for achieving a business objective
drawbacks to ERP systems
can be extremely complex, expensive and time-consuming to implement.
Customer relationship Management (CRM)
an enterprisewide effort to aquire and retain customers
Customer touch point
a method of interaction with a costomer, such as telephone, email, a customer service or help desk, convetional mail, Web site and store.
CRM - sales
sales force automation (SFA)
CRM - marketing
support marketing campaigns and provide opportunities for cross-selling, up-selling and bundling.
CRM - customer service
can take many web-based forms
Sales force automation (SFA)
functions provide such data as sales prospect and contact information, product information, product configurations and sales quotes.
cross-selling
refers to the marketing of complementary products to customers.
up-selling
the marketing of higher-value products or services to new or existing customers
bundling
is a type of cross-selling in which a combination of products is sold together at a lower price than the combined costs of the individual products.
customer service function
provides information and tools to make call centers, help desks and customer support staff more efficient.

ex. tracking account or order status, personalized web pages, FAQs, email and automated responses, call centers
supply chain
the flow of materials, information, money and services from raw material suppliers, through factories and warehouses, to the end customers.
supply chain management (SCM)
the function of planning, organizing and optimizing the supply chain's activities
Interorganizational information system (ISO)
involves information flowing among two or more organizations
Global infomration Systems
interorganizational information system that connects companies in two or more countries
Upstream (supply chain)
where sourcing or procurement from external suppliers occurs
Internal (supply chain)
where packaging, assembly or manufacturing takes place
Downstream (supply chain)
where distribution takes place frequently by external distributors
Tiers of suppliers
a supplier may have one or more subsuppliers, and the subsupplier may have its own subsupplier and so on.
material flows
raw products that flow through the supply chain
reverse flows
returned products, recycled products and disposal of materials or products.
information flows
all data related to demand, shipments, orders, returns and schedules as well as changes in any of these data.
financial flows
are all transfers of money, payments and credit-related data.
product life cycle
A supply chain involves a product life cycle approach, from “dirt to dust”.
problems along the supply chain
-Poor customer service – not delivering products or services when and where the customers need them.
-Poor quality product
-High inventory costs
-Loss of revenues
-New technologies
bullwhip effect
erratic shifts in orders up and down the supply chain
Electronic Data Interchange (EDI)
is a communication standard that enables business partners to exchange routine documents, such as purchase orders, electronically.
EDI translator
converts data into a standard format before it is transmitted
Business transactions message
repetitive business transactions such as purchase orders, invoices, credit approvals, shipping notices and confirmations.
EDI benefits
Minimize data entry errors
Length of messages are shorter
Messages are secured
Reduces cycle time
Increases productivity
Enhances customer service
Minimizes paper usage and storage
EDI Limitations
Significant initial investment to implement
Ongoing operating costs are high due to the use of expensive, private VANs
Traditional EDI system is inflexible
Long startup period
Multiple EDI standards exist
Extranet
links business partners to one another over the internet by providing access to certain areas of each other's corporate intranets

fosters collaboration between business partners

open to selected B2B suppliers, customers and other business partners.