(C3) Strategic Initiatives for Implementing Competitive Advantages -


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(C13) Creating Collaborative Partnership Through E-Business

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(C9) Streaming Business Operations

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Transaction Processing Systems (TPS) - Online Transaction Processing (OLTP) - Online Analytical Processing (OLAP) Decision Support System (DSS) 1. Sensitivity Analysis 2. What-if-Analysis 3. Goal-seeking Analysis Executive Information Systems (EIS) -Consolidation - Drill-down - Slice-and-dice Artificial Intelligence (AI) Categories of AI 1. Expert System 2. Neural Network 3. Generic algorithm 4. Intelligent agent Data Mining  Forms of Data Mining analysis capabilities: - Cluster Analysis Technique of dividing an information set into mutually exclusive groups - Association detection Reveals the degree to which variables are related and the nature and frequency of these relationships in the information - Statistical analysis Performs such functions as information correlations, distributions, calculations and variance analysis
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(C10) Extending the Organization - Supply Chain Management

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What is Supply Chain Management (SCM)? Supply chain management (SCM) is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities. The concept of Supply Chain Management (SCM) is based on two core ideas:  The first is that practically every product that reaches an end user represents the cumulative effort of multiple organizations. These organizations are referred to collectively as the supply chain. The second idea is that while supply chains have existed for a long time, most organizations have only paid attention to what was happening within their “four walls.” Few businesses understo...
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