Tuesday, August 5, 2008
SCM is experiencing explosive growth
SCM is actually experiencing explosive growth. We can prove that statement by using BudNet as an example. It has helped Anheuser-Busch's share of the $74.4 billion U.S. beer market inch up to 50.1 percent from 48.9 percent. It also helps them to constantly change marketing strategies, to design promotions to suit the ethnic makeup of its markets, and as early warning radar that detects where rivals might have an edge. Thus it has become an integral part of every successful company to have an effective and efficient SCM system. In the recent past, this lone factor has been making all the differences betwenn companies as to who has the better edge over the other. Thus, it is no wonder that SCM is experiencing explosive growth.
Supply Chain Management and Anheuser-Busch
An SCM system can help a distributor immensely such as Anheuser-Busch to make its supply chain more effective and efficient. It helps them to understand as to what products are selling, which campaigns are successful and what needs to be done to help the customer's business. It gives Anheuser-Busch get facts and numbers on how much of the sales they did when they had a display in a certain location. Overall, the SCM systems that Anheuser-Busch adopts has helped them to be more effective and efficient than its rivals.
Monday, August 4, 2008
Autonomous Vehicles
Autonomous vehicles could be used by industries in manufacturing plants to transport raw materials or other heavy equipments, suppose from point A to point B, saving the manufacturing plant labor cost. As it could be able to lift heavy loads, that capability would surely add to the efficiency of the organization. And as more raw materials would be turned to finished products more rapidly, the effectiveness of the organization would increase as well.
Use of DARPA Grand Challenge
With a lucrative prize money and a grand event, DoD was able to draw much more attention than it would have through other means. The DARPA Grand Challenge brought together individuals and organizations from industry, the R&D community, government, the armed services and acamedia. Such amalgamation of minds is more likely to produce a better and sophisticated vehicle than a product produced by a pigeonholed mindset.
DoD and its use of AI
The DoD is using AI to produce autonomous vehicles that can be used by the military to travel long distance and difficult terrains at military relevant rates of speed. Those vehicles will help to improve DoD’s operations immensely. It will also be used to save lives on the battlefield as the vehicles that will be produced using AI would be autonomous and doesn’t need to be operated by an army personnel who can save himself/herself from the deadly Improvised Explosive Device mined by the enemies.
Harrah and its database technology
Harrah's uses database technologies in a very judicious manner to implement its service-oriented strategy. As has been told in the case, customers are the center point around which Harrah's tailor all their strategy and policy. They regard the commitment to their customers as the most important aspect of their business, thus adopting the service-oriented strategy. To make sure that they can serve their customers in the most effective and efficient manner they utilize the information about the customers in a very fruitful manner. That's where their reliance on database comes into play. It contains all the information about various habits of the customers like amount of times they gamble, the games they prefer to play the most, their betting strategies, etc. Based on that information it can go about serving the customers even more loyally. And the database technology acts as the repository from which they can retrieve that vital information.
Effect of poor information on Harrah's business strategy
There would be some serious effects from poor information on Harrah's service-oriented business strategy. As it enjoys its competitive advantage from better utilization of information rather than intuition, poor quality of information will surely affect its superiority in the casino industry. It might encounter less customer visits which will eventually result in gross market revenue, profit and ROI going down because at the end of the day customers are the lifeblood for Harrah's. It has tailored its business strategy to be service-oriented. So, any lacking into the quality of the information that they get about customers or their internal infrastructure will surely cause disruption in their act of providing service to customers which will later on affect their overall business strategy as well.
Subscribe to:
Posts (Atom)