Saturday, December 28, 2019

Chapter 1 - Operations Management - 1270 Words

1. Why should one study operations management? Operations Management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. †¢ Operations Management is one of the three major functions of any organization, and it is generally related to all the other business functions. All organizations market (sell), finance (account), and produce (operate), and it is important to know how the Operations Management activity functions. Therefore, we study how people organize themselves for productive enterprise. †¢ We study Operations Management because we want to know how goods and services are produced. The production function is the segment of our society that creates the products we use. †¢ We†¦show more content†¦Rapid product development is a source of competitive advantage. Both rely on agility within the organization. 12. What are the five reasons that productivity is difficult to improve in the service sector Labor productivity in the sector is hard to improve because: †¢ Many services are labor intensive; †¢ They are individually (personally) processed (the customer is paying for that service – the hair cut); †¢ It may be an intellectual task performed by professionals; †¢ It is often difficult to mechanize and automate; and †¢ Often difficult to evaluate for quality. 13. Describe some of the actions taken by Taco Bell to increase productivity that have resulted in Taco Bell’s ability to serve â€Å"twice the volume with half the labor† Taco Bell designed meals that were easy to prepare; with actual cooking and food preparation done elsewhere; automation to save preparation time; reduced floor space; manager training to increase span ofShow MoreRelatedChapter 1 - Operations Management1279 Words   |  6 Pages1. Why should one study operations management? Operations Management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. †¢ Operations Management is one of the three major functions of any organization, and it is generally related to all the other business functions. All organizations market (sell), finance (account), and produce (operate), and it is important to know how the Operations Management activity functions. Therefore, we studyRead MoreOperations Management Schroeder Chapters 1-31594 Words   |  7 PagesCHAPTER 1 Question #2 What is the difference between the terms production management and operations management? Production management deals primarily with the manufacture of goods, whereas operations management encompasses the production of not only goods, but services as well. Question #3 How does the function of an operations manager differ from the function of a marketing manager or a finance manager? The operations managers function is to create the supply of goods, whereas the marketingRead MorePrinciples of Operations Management Chapter 1-2-32543 Words   |  11 PagesLearning Log 1 – Chapters 1-2-3: Chapter 1 I was very excited about the first session of the OM course and that was totally justified by the end of this session. This was the step, a stimulus towards being a future Business person. And for which it was very vital for me to know how a business organization manages the various processes associated with its goods and services. As a future Operation Manager it’s my responsibility to be cognizant about the know-how of what exactly my roles would thenRead MoreOperation Managenent1504 Words   |  7 PagesChapter 1 – Introduction to Operations Management After completing this chapter, you should be able to: 1. Define the term operations management. 2. Identify the three major functional areas of organizations and describe how they interrelate. 3. Identify similarities and differences between production and service operations. 4. Describe the operations function and the nature of the operations managers job. 5. Summarize the two major aspects of process management. 6. Explain the key aspects of operationsRead MorePrinciples of Management Applied Research1041 Words   |  5 PagesPrinciples of management APPLIED RESEARCH USbank Will Cheeseman Professor Ana  Preston Park University Internet Campus A course paper presented to the School for Arts and Sciences and Distance Learning in partial fulfillment of the requirements for the degree of Computer Information Systems Principles of Management Park University July, 2011 TABLE OF CONTENTS Read MoreLogistics: Management and Supply Chain1566 Words   |  7 PagesMinor Logistics Operations Presentatie titel MIRBSLM114OP N.J. Osentoski-Monsma A. Nielsen-de Vries Lecturers Logistics Room D2.173 osenj@hr.nl / vriad@hr.nl Rotterdam, 00 januari 2007 6-1 Corporate strategy Business strategy Operations Strategy Mission Objectives (cost, quality, flexibility, delivery) Functional strategies in marketing, finance, engineering, human resources, and information systems Strategic Decisions (process, quality system, capacity, andRead MoreSystem Development Life Cycle666 Words   |  3 PagesSTAGE 1 Systems Planning Stage Topic Chapter 2 Analyzing the Business Case Deliverable Preliminary investigation report Toolkit Support Primary tools: Communications, financial analysis, and project management tool Other tool as required. Systems Planning is the first of five stage in the systems development life cycle (SDLC). In this stage, you will learn how IT projects get started and how a system analyst evaluates a proposed project and determine its feasibility. A system analyst’sRead MoreOperational Management Jit820 Words   |  4 Pages- Prime Bank of Massachusetts Part 1 The operations function is important in implementing the strategy of an organisation because the business strategy only defines the long term plans for the company, whereas the operations function focuses on specific competitive priorities in order to meet the organisations long term plan. Prime Bank of Massachusetts had decided on a long term plan for the bank focusing on customer services and they needed the operations function to implement this long termRead MoreOperations Management1693 Words   |  7 PagesIntroduction Page 2 1. Acme Whistles case study What is the overlap between operations, marketing and product/service development at Acme Whistles? Page 3 2. Oxfam International case study What are the main issues facing Oxfam’s operations managers? Page 4 3. Formule 1 Mwagusi Safari Lodge 3.1 For each hotel, what is the role of technology and the role of operations Page 6 staff in delivering an appropriateRead MoreFinancial Management Practices798 Words   |  4 PagesA STUDY ON WORKING CAPITAL MANAGEMENT IN SMES A SYNOPSIS of the PROJECT Submitted to BANGALORE UNIVERSITY For the award of the Degree of MASTER OF BUSINESS ADMINISTRATION SUBMITTED BY Mr. PUROHIT PIYUSHKUMAR N. (08CQCM6068) UNDER THE GUIDANCE OF MRS. KIRAN HIREMATH. Dayananda Sagar College of Management and Information Technology Shavige Malleshwara Hills, K.S. layout, Layout, Bangalore – 560078

Thursday, December 19, 2019

NIke Marketing - 2781 Words

1. Introduction Nike Inc. is a global sportswear manufacturer with about $25 billion sales revenues in fiscal 2013. Nike is clearly a market leader of sport footwear compare with Adidas, Puma, New Balance and others. The global athletic footwear market share of Nike is estimated almost 20% in 2012. The U.S represents the biggest market for Nike, with nearly 60% of market share in 2013 (Powell, 2014; Team, 2014). The marketing plan is important for Nike understands the market environment and review strategies in order to maintain its competitiveness. 2. Macro Environmental Analysis The external environment of marketing management function is largely uncontrollable, potentially relevant to marketing decision making, and changing or†¦show more content†¦Asian American stressed that the reasons they purchased designer products are quality or craftsmanship (52%), as reward (46%) and to look good (38%) (Mintel, 2014). Hence, based on the survey of 2,000 consumers, the brand loyalty dropped to 25% and factor that influence buying decisions are price (89%) and quality (82%) (Olenski, 2012). In addition, the survey shows that outstanding visual merchandising such as colour, lighting, good interiors and display will make them spend more time in store and induces impulsive buying (Hefer and Cant, 2013; Kaur, 2013; Kerfoot, Davies and Ward, 2003; Kim, 2013). Nowadays, people are increasing emphasis and concern on their personal health. IHRSA (2013) stated that the health club membership was grew by 10% to around 50.2 million from year 2008-2012 and more than 58 million people went to health club in 2012. Thus, there is a complementary increase in demand for fitness products. But somehow, in U.S., the rates of adult obesity have increased more than doubled to 78.6 million (34.9%) for the past 35 years and obesity rates of children (aged 2-19) remained about the same of 12.7 million (17%) for the past 10 years (CDC, 2014; State of Obesity, 2014). It means that there are millions of people putting their health at considerable risk. Akcay (2012) claims that teenagers spent their free time on sports, shopping online, watching television, visit social media and so on. Teenagers between ages 15-19 spentShow MoreRelatedNike s Marketing Plan For Nike Essay962 Words   |  4 PagesFounded January 25, 1967, NIKE, Inc. (About Nike, 2016) became one of the biggest designing and marketing companies across the globe. A designer and marketer, Nike sells athletic footwear, apparel, equipment and accessories for men, women and children/infants. The company has three major brands as found on their product portfolio: NIKE, Jordan, Hurley and Converse. Their product is sold through-out North America, Central America, South America, Asia-Pacific, Africa, the Middle East and Europe andRead MoreMarketing Analysis : Nike, Adidas, Aon, And Nike1161 Words   |  5 Pagesthe best favorable terms to woe more customers. The sports industry is not any exception. The industry confronts lots of competition amongst its key players. The major players as discussed in the industry analysis paper are Puma, Adidas, AON, and Nike. This essay entails a discussion of the competitive strategies each firm has over the others, giving reasons why the brands have been exceptional in the market. Strengths and weaknesses of Puma A SWOT analysis may be utilized to investigate into theRead MoreNike Marketing Strategy4572 Words   |  19 PagesNike story Nike Clothing | Nike Shoes Men o Men Nike Footwear Women Women Nike Footwear Girls o Girls Nike Footwear Boys o Boys Nike Footwear Nike shoes and sportswear clothing Nike trademarks the â€Å"Swoosh† logo and the â€Å"Just Do It† slogan. Nike, the world’s leading supplier of athletic shoes and apparel, was the birth-child of University of Oregon coach Bill Bowerman and runner Phil Knight. Founded in January 25, 1964 the company was originallyRead MoreNike Marketing Strategy1853 Words   |  8 PagesNike s marketing strategy is an important component of the company s success. Nike is positioned as a premium-brand, selling well-designed and expensive products. Nike lures customers with a marketing strategy centering around a brand image which is attained by distinctive logo and the advertising slogan: Just do it.[40] Nike promotes its products by sponsorship agreements with celebrity athletes, professional teams and college athletic teams. However, Nike s marketing mix contains many elementsRead MoreSwot Analysis Of Nike s Marketing Strategy1543 Words   |  7 Pagesapplying diversification strategy and being successful in diversification is Nike, Inc. This paper discusses Nike’s diversification strateg ies and how the company succeeds in using it. Along with corporate level strategy, this paper also touches upon the international strategy that Nike uses. Key Tie-Ins †¢ Diversification strategy †¢ International strategy Nike Diversification Strategy Upon first glance it is not very obvious that Nike employs diversification in their overall corporate strategy. The companyRead MoreNike Direct Marketing : Nike1428 Words   |  6 Pages2014 Nike Direct Marketing Nike, Inc. has been the world’s leading innovator and provider in athletic footwear, apparel, equipment and accessories for 50 years. Their mission has been to bring inspiration and innovation to every athlete in the world; if you have a body, you are an athlete. Arguably one of the most innovative companies in the world, Nike has built its brand into an iconic world-class powerhouse that continues to dominate the market with no signs of slowing up. Nike’s marketing andRead MoreNike Marketing Stragety3323 Words   |  14 Pagesstrategy are used in different corporations. Nike has achieved greatness due to their forms of strategy. Nike is known as the top seller of sports shoes and apparel. In such a competitive field, this is close to excellence. To do well in this field requires many inventive and resourceful advertisements and marketing skills. Nike has accomplished this through their great commercials, and other forms of marketing. In this paper, I will define strategy and show Nike s forms of strategy and how their techniquesRead MoreEssay on Nike Marketing Plan1729 Words   |  7 PagesAustin Wang Dr. Sean Jasso Section 22 May 24, 2012 Marketing Plan Stage 2 Nike: Executive Summary: - Bill Bowerman and Phillip Knight found the company as Blue Ribbon Sports in 1964 - Changed the name to Nike in 1978 - Nike Headquarter is located in Beaverton Oregon - Global marketer of footwear, apparel, equipment and accessory products - Offers footwear and products to sports such as tennis,golf, baseball, football, bicycling, volleyball, wrestling, cheerleading, aquatic activitiesRead MoreMarketing Analysis Of Nike Inc.3315 Words   |  14 Pagesreport, the author highlights the marketing analysis of the leading athletic footwear, Nike Inc. Nike is headquartered in the United States. The author examines the marketing strategies of Nike with the help marketing models such as Ansoff Matrix and Boston Consulting Group Matrix. The author even focuses on the segmentation, targeting and positioning of the products, consumer behaviour towards Nike and conducts a PESTLE analysis. It gives a brief introduction of Nike conveying the foundation and formationRead MoreMarketing audit of Nike3562 Words   |  15 PagesMARKETING AUDIT PROJECT ON: SUBMITTED BY: ANOOP KHURANA -2012081 SHASHANK MAKKAR -2012*** MANRAJ SINGH SANDHU-2012136 OJASWI SHARMA-2012154 SUSHANT SHARMA-2012156 INDEX SR. NO. CONTENT PAGE NO. 1 INTRODUCTION 2 2 ENVIRONMENTAL ASPECTS †¢ ECONOMIC †¢ CUSTOMER †¢ COMPETITION 3 MARKETING ASPECTS †¢ OBJECTIVES †¢ STRATEGIES †¢ TACTICS 6 4 4P’S

Wednesday, December 11, 2019

Genetically Modified Organisms -10 Different Examples Of Food Crop

Questions: 1. Genetically modified Food: Definition and meaning? 2. Benefits and Dangers of GMO? 3. 10 different crops from GMO: The Need for it? 4. Microbiology and GMO? Answers: Introduction The report shall put an insight in GMO or genetically modified food and its use in the daily life of modern day. The crops produced out of GMO and the benefits of such food in the society. Further in a globe of reducing resources and growing demand the role of GMO would be elaborated herein along with the microbiological effects of GMO. Nevertheless, the dangers of GMO in the human life is also elucidated to build a whole some picture of genetic modification in food, as practiced along with 10 different examples of food crop that have seen genetic modified cultivation. 1. Genetically modified Food: Definition and meaning Genetically Modified Organism or GMO in food is not a new story for all in the globe of this millennia. This process entails a laboratory process where the DNA of one species is artificially extracted and put into the genetic formation of a plant or animal to see the better qualities of the artificially injected genes in the plant or animal. The product is transgenetic organisms that have undergone genetic modification (Gruissem, 2011). When a plant species is added with certain genes the plant grows differently with the added or modified qualities or genes that have been made out of the genetic engineering. This ensures that the plat have an enhanced quality of growth and production that was not possible in its original or natural genetic form. Thus the genetic modification brings in the qualities like resistance to specific plat disease or fungus, enhanced production of crop, reduced vulnerability to the climatic disorders while growing the plant making the genetic modifications, a lterations to the organism or plant species developed (Ismat, 2015). The world is bending towards the genetically modified food as the predictability of the crop and quality is higher than the non mutated plants. However, the counter argument is that the circumvention of natural laws has lead to high mutation that has lead to unpredictable changes and has lead to toxic and allergic reactions on animal species feeding on them. Nevertheless, genetic mutation have been practiced for centuries that have lead to selective breeding, tissue culture, hybrid formation those produce better plants but this have no effect in terms of changing the natural laws of plant growth and production as GMO has. 2. Benefits and Dangers of GMO The world has experienced both the benefits and dangers of genetically modified food in last decade. The benefits suites when the production of crop is more, the amount of grain and the quality of the grain and the outputs are greater than non modified genetic products or grains. Since selective genes those enables plants to develop few qualities those ensure that the grower gets the desired benefits for what he sows, the GMO food is a pertinent choice among the producers. The benefits are there where the producer can grow more crops in the previously allocated space where the guarantee of the crop production is more due to genetic modification of the plant. However, when looked deep the process also entails an unpredictable result which may have imprecise results when put to test (McNeil, 1993). Living modified organisms are unprecedented in result generation so what is to be expected remains a question that is answered only when the production and consumption cycle is completed. A small electrical pulse or a very small syringe may do the modification in the host cells to produce or have the qualities those in the natural world it never had those benefits the plat growth, sustenance and production. Human since 14,000 years have used selective breeding of domesticated plans to produce the outcome that suites the artificial selection. These methods have given the human an edge over the natural disasters and traits of plants that could only grow and produce in certain condition (Kuntz, 2003). These have led to consistency of production that fed the human population for centuries. This mix of similar specie is called cisgenic while if the species contain oligonucleotides from different species is called transgenic combinations which may contain synthetic sequencing of DNA too. Benefits in gene therapy are where pharmaceutical drugs are produced or in the golden rice like plant modification those are resistant to herbicides. The same technique used in human body to identify few cellular structures and movement for medicinal causes are called GFP (Genetically Florescent Protein) for human diseases are beneficial (Richardson, 1985). Again, modified genetically are few modified bacteri a for protein insulin production to treat diabetics. Corn, carrot, tobacco are few crop variety to name those have been modified for therapeutic purpose and to be naturally resistant to any fungal infection those may destroy them. Nevertheless the genetically modified food controversies have been a big chapter of study in such genetic modification days. There is a common consensus that genetically modified food consumption have no effects on human health and the study to infer whether such product is substantially no harming to the consumer is on. No report of human health case have been detected yet from genetically modified food yet and in US and CANADA the use of GMO or non GMO food are not considered different and are marketed without any such labels. Thus in human food consumption the product of GMO had been beneficial as per the cases registered under US food and Drug authority (Smith, 1999). However, few organizations like Greenpeace, Organic Consumer association have complain that states the risks are not adequately identified and thus the outcomes is yet to be judged as good or bad (Zhu, 2010). Few have to say the long term harm is yet to be identified while the food derived from GMO needs mandatory labelling. Further effect on environment, rigor of regulatory health processes, mixing of non GMO with GMO foods are to be further tested before such communalisation is done. The danger is post 1960s the labelling of food those have no artificial sweetener, preservatives, flavours are been considered organic food which have no issues of Genetic modification in them, creating a halo effect (Don, 2010). The US perceptions show that the public eating genetically modified food is harmful and they have expressed consumer controls over such food being eaten. Hence the dangers in perception remains while the benefits of having crop without any hindrance with specific qualities too also remains vibrant. 3. 10 different crops from GMO: The Need for it The various GMO food now found to be grown and consumed across the globe are like rice, corn, tomatoes etc. Thus the food those are modified and placed is seen in a brief (Hansen, 2011). Soybeans: Soybeans all across the globe (59%) are genetically modified as on 2007 report of production. Used by both humans and cattle 40 million tonnes go to Europe itself to feed the domesticated cattle like cow, swine, chicken as well as used in many a food additive as consumed by Human. Maize: Maize is the leading growing plant of Europe and is meant for animal feed and starch industry. Such crop is insect resistant, herbicide tolerant and US produces 80 % of the genetically modified maize. The maize goes into food product like cornflake, popcorn, canned sweet corn etc. Half of the starch produced from maze goes into food in Europe. Wheat: No genetically wheat is not grown in any place on earth now but since 2004 it was prominent. Farmers fear that the markets like Asia and Europe would reject such product but the benefits have been the GMO wheat has had better herbicide resistant reducing the cost and enhancing the chance to predict the outputs of the planted crops. Rapeseed: Even few decades back rapeseed was not a staple crop in North America but the use of the same in margarine have increased the production. Further its use as industrial oil, biodiesel, lubricants have increased the need for its use. Canada and US have used rapeseed for food and fodder of animals in the resent years and have also shown effects on health like lowering cholesterol and increased vitamin E in its content. Further the efficiency of rapeseed in herbicide and weed control have enhanced its use and production among the north American farmers in the recent days. Sugar beets: The GMO sugar beets are tolerant to the herbs and fungal damages. The beet had been approved for imports and food and animal feed processes but is yet to be cultivated in large quantities. This herbicide resistance have made the production of sugar beet easy and alternative weed resistant plant in the field. The field trials of sugar beets in the US have met the expectations and the study show a 100 USD savings on herb detection and destruction of GMO Sugar beets. Potato: The use of potato in starch industry as well as food crop is being done on GMO platforms where the Europe shows that one in every four cultivated seed end up as food for people and the rest goes for starch or animal fodder. The starch produced by Potato is good for animal fodder and human nutrition where the use and emphasis of Amylopctin is 80% and very necessary for the use of it. The GMO to get herbicide resistant potato with enhanced amount of the needed starch is been promoted. The GMO potatoes have shown resistant to pest and diseases as well making the use and need for such potato very demanding in the international market (Richardson, 1985). Rice: Rice is a staple food for half of the global population and is considered to be a source of economy strength measurer in Asian nations. The GMO rice is now on fields in many a nation but still in a nascent stage as the large scale production is yet to start. Controlling weeds is reason 80% of the rice fields prefer. New ways of competing pests and diseases in crop as well as get modified rice with enriched vitamins are the reason the GMO rice finds use. Other use is flooding resistant, salinity resistant rise breeds to be grown in parts and conditions previously incapable of rice production in major areas of China, India and SE Asian nations. The cultivation in near future is expected for the GMO rice in major parts of Asia soon. Cotton: Cotton not only provides fibres for cloth and textile but is also important as animal feed. GM cotton in China, India and US have shown greater production and a drastic reduction of price of pesticides. This has modified the use of cotton as cash crop for a vast number of people in the subcontinent. Interestingly the allergenicity of the GM plants has been reduced with the commercial use of the cotton which has shown no adverse effects on users yet (Kuntz, Marcel, 2012). In this regard the genetic biologist has predicted that the GM can be used in reduction of allergies too creating hypo-allergic reactions on the users. Nevertheless, products with one genetic difference are different from products with multiple genetic modifications and needs more tests before deemed fit for human or animal use (Parul, Goyal, 2011). 4. Microbiology and GMO The GMO or modifications are part of the microbial world connections too. Each microbiologist has made it clear that the use of genetic modifications needs testing before use on the people. The long and short term effects are yet to be tried and discovered while the mandate of using the same in treatment of disease and recovering the deficiencies are huge along with nutritional benefit additions. The field of microbiology is involved in identification and development of the genetic characters of plants to make them more sustainable with identification of the genetic structures (Miura, Natsuko et al, 2008). Conclusion The report had an inward look into both pros and cons of genetically modified food items in the human body. The positivists are more and thus the future of genetically modified food is great too but the effort to neutralize the effects of GMO on human and animal health on the long run is on. The future seems bright when the globe would have enough to eat and feed its people with no alteration of the volume needed and in a globe of poverty and hunger the human would sustain without the dire need for food to live upon. Further the dietaries can be improved with use of such food with added nutrition that would benefit millions and more land which are no cultivated can be brought under cultivation. List of references Ahmadov S., Ismat. 'Genetically Modified Organisms Is A Serious Threat To Biodiversity Of Azerbaijan'. gmo (2015): n. pag. Web. C.F., Zhu. 'Vitamin, Protein And Essential Mineral Enhancement Of Cereal Crops For Food Security'. gmo (2010): n. pag. Web. 'Chinese Consumers Attitude Towards Genetically Modified Foods-Taking Genetically Modified Soybean Oil As An Example'. J Food Process Technol 5.12 (2014): n. pag. Web. 'Detection Of Genetically Modified Food: Has Your Food Been Genetically Modified?'. The American Biology Teacher 64.6 (2002): 433-442. Web. Don,. 'Rheology Division Connects Scientists From Across The Globe In Ghent'. CFW (2010): n. pag. Web. 'Genetically-Modified Soybeans'. Food and Chemical Toxicology 34.9 (1996): 924. Web. Gruissem, W. 'Crop Biofortification-GMO Or Non-GMO'. Journal of Biotechnology 150 (2010): 116-116. Web. Hansen, Ryan Christopher. 'Developing Internationally Uniform Liability Principles For Harms From Genetically Modified Organisms'. SSRN Electronic Journal n. pag. Web. Kuntz, Marcel. 'Destruction Of Public And Governmental Experiments Of GMO In Europe'. GM Crops Food 3.4 (2012): 258-264. Web. McNeil, Adrian. 'Why Hindustani Musicians Are Good Cooks: Analogies Between Music And Food In North India'. Asian Music 25.1/2 (1993): 69. Web. Miura, Natsuko et al. 'Cell-Surface Modification Of Non-GMO Without Chemical Treatment By Novel GMO-Coupled And -Separated Cocultivation Method'. Appl Microbiol Biotechnol 82.2 (2008): 293-301. Web. Parul, Goyal. 'Factors Influencing Public Perception: Genetically Modified Organisms'. gmo (2011): n. pag. Web. 'Retraction: GMO Debate: Inconclusive'. Front. Genet. (2013): n. pag. Web. Richardson, T. 'Chemical Modifications And Genetic Engineering Of Food Proteins'. Journal of Dairy Science 68.10 (1985): 2753-2762. Web. Smith, Suzanne. 'Genetically Modified Food'. New Zealand Journal of Geography 108.1 (1999): 32-32. Web.

Wednesday, December 4, 2019

Structure and Features of CGC’s

Questions: 1. Discuss the criteria to consider in specifying the structure and features of CGCs new system. 2. Identify the data that should be incorporated into CGCs new system to provide adequate planning capability. Explain why each data item it is important and the level of detail needed for the data to be useful. Answers: Introduction Organization Overview Citizens Gas Company (CGC) is a firm that makes available the natural gas service to 200,000 customers. The customer base of the same is as described below: Class Customers Sales in Cubic Feet Revenues Dependency on Weather Residential 160,000 80 billion $160 million High Commercial 38,000 15 billion $ 25 million Partial Industrial 2,000 50 billion $ 65 million Negligible Totals 145 billion $250 million CGC: Customer base CGC has 10 suppliers who are bound in a contract with the company that varies from 5 to 15 years. This supply varies on heating season and is in equal monthly increments in a few cases. Drawbacks in the Current System The company has to pay irrespective of the usage of the gas Gas storage field does not have any streamlined process and restriction apart from the requirement to be filled at the beginning of the year Curtailments and over-supply are not tracked properly Insufficient planning to finalize the supply for all three types of customers Undue curtailment for commercial and industrial customers leading to loss in sales Information Systems for CGC Information Systems are a blend of equipment and programming that is required for the administration of data-sensitive and information driven applications (Systems and Systems, 2016). It would help in the investigation and capacity of the information. The prime motivation behind Information Systems is to change the crude information into important data (Study.com, 2016). An extraordinary type of such frameworks is a Management Information System (MIS), which gives data to dealing with a venture (WhatIs.com, 2016). These frameworks are isolated into two general classifications as: General reason Information Systems Specialized Information Systems The basic requirements of CGC are to decide on the supply for each and every customer at a defined period of time and also to track the same with proper reporting tools. Monitoring of the stock along with the proper planning are basically required out of the information systems for CGC. Information Systems applicable in CGC Transaction Processing System These are the systems which halp in maintaining and managing the transactions related to the project. For instance, in case of CGC it would revolve around the demand received, supply given, order summary and many others. Applicable transaction processing systems for CGC are: Order Processing Systems Stock Control Systems Systems for payments Database Management Systems (Chris-kimble.com, 2016) Order Processing System collects the order related information from all the sources such as the administrator, worker and the sutomers. This information is stored in the database and the request is then sent to the bookkeeping and dispatching departments. It keeps the information around the orders and the stock intact at all times (Smallbusiness.chron.com, 2016). A solid and effective framework for preparing client requests is essential to necessary achievement. Without it, private cabin operations will bobble, front end agents will endure, and clients are more probable go to a contender that gives better administration. A ton of time, cash, and assets can be spared just by building up a legitimate request handling rule (Meneses, 2015). Stock control system, also called inventory control system, would be utilized to manage the stocks of CGS and the measures to monitor the same. It applies to every cycle of the stocks that is from raw materials to the finished products. The system targets all the phases that are involved such as utilization, requesting and re-requesting of the stock. Proficient stock control would permit appropriate measure of stock in the perfect spot at the opportune time. It would likewise guarantee that capital is not tied up pointlessly, and secures generation if issues emerge with the store network (Infoentrepreneurs.org, 2016). Payment Systems for CGC would allow all the financial transactions involved with the three different customers to be in place and also would be easily tracked. Database Management System (DBMS) is a system which is used to categorize, monitor, store and control the data in an effctive manner. It is a combination of tables and schemas which are made up of rows and columns (Techopedia.com, 2016). The data related to CGC such as customer details, supply information, funds information and many more would be easily arranaged with the help of DBMS. Management Information Systems (MIS) It is an electronic database of that primarily revolves around finance related information that is concised in an accurate manner and the customized reports can also be generated on the basis of the same. It is typically likewise conceivable to acquire extraordinary reports from the framework effortlessly. Data showed by the MIS normally indicates "genuine" information over against "arranged" results and results from a year prior to; in this manner it quantifies progress against objectives. The MIS in case of CGC would acquire the required data from the customers and the suppliers (Inc.com, 2016). The suggested information systems under MIS which would be beneficial for CGC are: Budgeting Systems Sales Management Systems CGC would make use budgeting systems to fulfill objectives for development and maintainability with the current funds. The real goals of spending plan frameworks incorporate coordination, distribution of assets and general making arrangements for operations (Smallbusiness.chron.com, 2016). A sales manageemnt framework is an apparatus that aides salespeople get sorted out, deal with their contacts better, track their sales bargains all the more productively and spare them time. In short a system that aides salespeople offer more. It can be a learning database that gives access and data about sales accounts. This can decrease the difficulties and issues confronted while taking care of a huge arrangement of records. CGC will have the capacity to recognize the sales accounts that give the most guarantee and income. What's more, they can sift through the less encouraging records. This empowers sales supervisors to disseminate and organize accounts successfully. The sales group can pitch one of a kind advancements and bundles to every record to improve the odds of getting it done (sales management, 2016). Decision Support Systems These are the systems that aid in the decision making and decision support associated with an organization. These are the learning based frameworks which are utilized for demonstrating and systematic purposes. There are certain distinguishing advantages of these systems in terms of cost-effectiveness, increased efficiency and managed system as whole. The time investment funds that have been archived from utilizing modernized choice backing are regularly generous. DSS can enhance correspondence and cooperation among leaders. (decision-making-confidence.com, 2016). Executive Information System (EIS) This is a system that is a specialized form of a decision support system and is used by the top executives associated with the company. These executive intergrate and aggregate the data from all of the sources and come up with the strategies to form mangement and executive decisions. It is a system that is coputer-based in nature and hence, is a combination of several components such as hardware, software and many more. It also provides rapid access to the information and alos provides mechanism for automation of data (Mbaofficial.com, 2014). Easy navigation and user-friendly are features that come easy with these systems which makes them simple to use by the employees of the company including top-level executives. The final information presented in this syetms is represented in an arranged form and clear patterns. It would help CGC to form a well-defined business strategy to keep all the processes and the team members integrated in a system that is executed with complete perfection. Project Plan and necessary phases A task can't run effectively on the premise of chance or a plausibility. Regardless of how enormous or little a task is, it must be upheld by solid and all around arranged administration systems as tremendous number of assets, for example, labor, machine and cash are included in a venture. If there should arise an occurrence of the business, it is significantly more critical to take after an organized system to have an effective venture administration set up, concerning the likelihood of a ton numerous dangers and the odds of disappointment also. There can never be a zero-deformity programming or one hundred percent assurance of achievement yet by the by, a successful arranging and control does no mischief. The first and the preeminent stride in the strategy to be followed in the anticipate administration ought to be to picture the objective. It would evaluate the circumstance better, as well as, would likewise be useful in posting down the progressions to follow keeping in mind the end goal to accomplish the objective. A very much explored and outlined undertaking arrange additionally should be readied which ought to cover the target of the venture, scope, suspicions, potential dangers, mistake approach, breakthroughs and requirements. The task arrangement would help so as to comprehend the prerequisites better and would likewise be important to track the advancement. There must be a pioneer or a gathering of pioneer to oversee and co-ordinate the task alongside doling out employments to the general population, observing the ir work and taking care of the reporting. A fallback position is likewise critical if there should be an occurrence of a blunder situation. There ought to be apparatuses and exertion accurately placed in, keeping in mind the end goal to deal with the desires. Time-to-time reporting is likewise greatly required keeping in mind the end goal to get a thought of what is going on and to impart the same to the group. It would track the advancement and escape clauses, assuming any. The project plan would comprise the following: Project Scope The undertaking extension articulation would drill down the reason and legitimization of the task and would serve as a standard record for CGC. It would define the in-scope and out of scope activities. Purpose The reason behind the venture would be to plan a versatile strategy and detailed approach for CGC to manage the supplies at all times and also to fulfil the demands of each customer without any loss or over-supply. Project Strategies The task would be created with a staged methodology. The underlying stage would incorporate the arranging took after by planning of the essential phases. Phases would then be altered by favored subject and style. High Level Requirements The project would target the three main entities that is CGC, its customers and the suppliers. Requirements of the customers in terms of demand would be covered with the supply from each of the supplier. Acceptance Criteria All the acceptance criteria ought to be met before the arrival of the application in this present reality. The criteria for the portable application of CGC would be: All the task deliverables ought to be met There ought to be no open basic, high or medium need imperfections Project ought to meet the objective timetable Project ought to be secured under the arranged spending plan Conclusions CGC is a company that provides natural gas services to its three lines of customers. The current shortcoming of the present system are improper track of the supply, loss of sales, undue curtailment and dissatisfied customers to name a few. The suggested information systems which are primarily categorized in four categories will help CGC to overcome all of these drawbacks and also gain a reputation of trust and relaible company in the market. A well defined project plan is also necessary for the company and an outline of the same specifies the project scope, purpose, acceptance criteria and high level requirements. References Chris-kimble.com. (2016). Different Types of Information System and the Pyramid Model. decision-making-confidence.com. (2016). Decision support systems - applications and advantages. Inc.com. (2016). Management Information Systems (MIS). Infoentrepreneurs.org. (2016). Stock control and inventory. Mbaofficial.com. (2014). What is Executive Information System? Explain its Characteristics, Capabilities and Benefits | Total MBA Guide. Meneses, A. (2015). 6 Steps To An Effective Order Processing System | Infinit Contact.