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44 Cards in this Set
- Front
- Back
Transaction Process System (TPS)
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monitors, collects, stores and processes data generated from all business transactions
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Source data automation
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the process of automating the TPS data entry as much as possible because of the large volume involved.
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Batch Processing
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a firm collects dataa from transactions as they occur, placing them in groups or batches, then prepares and processes the batches periodically.
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Online Transaction Processing (OLTP)
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when business transactions are processed online as soon as they occur.
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Functional Information Systems or Management Information Systems (MISs) or Functional Area IS
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provide information to managers (usually middle-level managers) in the functional areas.
Also support planning, organizing, and controlling operations. |
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Routine reports
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scheduled
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Ad-hoc reports
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on demand
-drill-down reports -key-indicator reports -comparative reports |
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exception reports
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outside the norm
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Information Systems for Specific Functional AreasEnterprise
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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.
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Enterprise Resource Planning (ERP)
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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. |
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Business process
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a set of related steps or procedures designed to produce a specific outcome
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Best practices
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the most successful solutions or problem-solving methods for achieving a business objective
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drawbacks to ERP systems
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can be extremely complex, expensive and time-consuming to implement.
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Customer relationship Management (CRM)
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an enterprisewide effort to aquire and retain customers
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Customer touch point
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a method of interaction with a costomer, such as telephone, email, a customer service or help desk, convetional mail, Web site and store.
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CRM - sales
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sales force automation (SFA)
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CRM - marketing
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support marketing campaigns and provide opportunities for cross-selling, up-selling and bundling.
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CRM - customer service
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can take many web-based forms
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Sales force automation (SFA)
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functions provide such data as sales prospect and contact information, product information, product configurations and sales quotes.
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cross-selling
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refers to the marketing of complementary products to customers.
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up-selling
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the marketing of higher-value products or services to new or existing customers
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bundling
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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.
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customer service function
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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 |
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supply chain
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the flow of materials, information, money and services from raw material suppliers, through factories and warehouses, to the end customers.
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supply chain management (SCM)
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the function of planning, organizing and optimizing the supply chain's activities
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Interorganizational information system (ISO)
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involves information flowing among two or more organizations
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Global infomration Systems
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interorganizational information system that connects companies in two or more countries
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Upstream (supply chain)
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where sourcing or procurement from external suppliers occurs
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Internal (supply chain)
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where packaging, assembly or manufacturing takes place
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Downstream (supply chain)
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where distribution takes place frequently by external distributors
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Tiers of suppliers
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a supplier may have one or more subsuppliers, and the subsupplier may have its own subsupplier and so on.
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material flows
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raw products that flow through the supply chain
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reverse flows
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returned products, recycled products and disposal of materials or products.
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information flows
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all data related to demand, shipments, orders, returns and schedules as well as changes in any of these data.
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financial flows
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are all transfers of money, payments and credit-related data.
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product life cycle
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A supply chain involves a product life cycle approach, from “dirt to dust”.
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problems along the supply chain
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-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 |
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bullwhip effect
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erratic shifts in orders up and down the supply chain
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Electronic Data Interchange (EDI)
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is a communication standard that enables business partners to exchange routine documents, such as purchase orders, electronically.
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EDI translator
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converts data into a standard format before it is transmitted
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Business transactions message
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repetitive business transactions such as purchase orders, invoices, credit approvals, shipping notices and confirmations.
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EDI benefits
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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 |
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EDI Limitations
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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 |
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Extranet
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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. |