ene ng)hich x nid) ii aI ii Igy and discuss the benefits of implementing hiIiihi) i Irch into a suitable Enterpriseelop an evaluation v iof two commercial/off-the-shelf products and two...

1 answer below »
Hello I have assignment on operation and information management


ene ng) hich x nid) ii a I ii I gy and discuss the benefits of implementing hi Ii ih i) i I rch into a suitable Enterprise elop an evaluation v i of two commercial/off-the-shelf products and two nen iii Ii [I 5. Select one Industry 4.0 technolo | AlphaCo (10 marks). i 1. Follow a report format, with a title and contents page, Executive mary (that gives brief and complete summary of your paper for an executiva to read), brief introduction, | indicus sections and subsections that address the assignment brief tasks page. numbers, brief conclusions and appendix section ( used). If you are uncertain ab ut to present and structure a report thei visit the university library and ask for atdistonce, | mT I 111 tables, graphics etc. wherever these re helpfull Ifyou doluse | hem in the appendices if they are part of your discussion, | ices to putisupporting material hovieve i remeber il] i I 2. Use diagrams, illustrations, | these, please do not put | Appendices are the appropriate pla IT i l I WH ULE AE ha sul son deading, Your ||| (AR [Ih IR AN | Lk JAA (i i i i ih Submit your final assessment for grading no later than | ils and instructions ||| | k { | | | duality handriade furniture for ih rniture retailers) | ||| AlphaCo is a medium-sized company that produces hi customers in their own country. Most of these customers are small boutique furnit telephone and paying i I who have Used AlphaCo for a number of years, normally placing orders b bycash on delivery. There s little visibility of future orders, which means t delivery can be ver four weeks, and ths means that som orders are cancelled at short hot) due to changes in customer demand. In addition, AlphaCo has seen the market. forthel | I fl Preceded by nel 30% over te et year, 4 consimers react othe creasing ratalof inflation and the consequences of the Covid-19 pandemic. Currently, Alphaca relies on a small | f local suppliers for their raw materials (woods, plastics, etc) and! struggles to mai i pA (TART He hat the lead time for | | i aionships due to thelr clifculy n man aging the suppl and deman i i has a strong brand image, the company has recently been bought ganisation as they can sea markets. This will require a cl production and the development of s lationships, A new focus will be ne: supply chain capabilities and capacit) changes, particularly through digital there is a sizeable market fol efficiently, eded to improve AlphaCo’s man(facturif r quality products, Your task Hii You are a technical consultant and have and information management processes ari ways of workin # report that includes the different tasks «| 1. Develop a SWOT analysis of the currant situation at Alphaco (10 i marks)! || ARN 2. Based on your SWOT ana | capacity, quality and both performance objectives (40 marks) If 3. Select one of the Process arg eas from part 2 (e.g capacity, management) and, usin PIBSENt two BPM modefs that shaw hay, these could be improved by capturing! {he existing and the proposed busingyd ir feomarkay 1111) A Can, hick rasaateh into a palin Entarntico Rotana Phamainb (east LL 6 i (f i | been sent by BetaCo to review AlphaCo’s operations 8. This review takes the. form ofa | hown below with mark Welghtings against each ona, ; 30, wh future opportunities in competing in global, more pr hange in strategy to one that focuses on the efficiency tronger and more professional customer and supplier I marketing and | | y. BetaCo is prepared to invest significantly in making these || transformation, as thir initial market reasearch shows that | | but costs need to be managed effectively and HH i lua supplier at custome | 8 Business Process More (api) technidues, develop nd | I Il Assessment Information/Brief Assessment Information/Brief 2022/23 Module title Operations and Information Management CRN 33321_33129 Level 7 Assessment title Assessment Portfolio Weighting within module This assessment is worth 100% of the overall module mark. Submission deadline date and time See OnlineCampus Module Leader/Assessment set by Dr Stephen Kelly How to submit You should submit your final assessment for grading no later than the submission deadline. Your final assessment should be uploaded via OnlineCampus. Assessment task details and instructions AlphaCo is a medium-sized company that produces high-quality handmade furniture for customers in their own country. Most of these customers are small boutique furniture retailers who have used AlphaCo for a number of years, normally placing orders by telephone and paying by cash on delivery. There is little visibility of future orders, which means that the lead time for delivery can be over four weeks, and this means that some orders are cancelled at short notice due to changes in customer demand. In addition, AlphaCo has seen the market for their products reduced by nearly 30% over the last year, as consumers react to the increasing rate of inflation and the consequences of the Covid-19 pandemic. Currently, AlphaCo relies on a small number of local suppliers for their raw materials (woods, plastics, etc) and struggles to maintain ( Assessment Information/Brief ) ( 1 ) effective relationships due to their difficulty in managing the supply and demand of their own products. As AlphaCo has a strong brand image, the company has recently been bought by BetaCo, which is a large organisation as they can see future opportunities in competing in global, more price- sensitive markets. This will require a change in strategy to one that focuses on the efficiency of production and the development of stronger and more professional customer and supplier relationships. A new focus will be needed to improve AlphaCo’s manufacturing, marketing, and supply chain capabilities and capacity. BetaCo is prepared to invest significantly in making these changes, particularly through digital transformation, as their initial market research shows that there is a sizeable market for quality products, but costs need to be managed effectively and efficiently. Your task You are a technical consultant and have been sent by BetaCo to review AlphaCo’s operations and information management processes and ways of working. This review takes the form of a report that includes the different tasks shown below with mark weightings against each one. 1. Develop a SWOT analysis of the current situation at AlphaCo (10 marks). 2. Based on your SWOT analysis, discuss how a more effective and efficient management of capacity, quality and both suppliers and customers could help AlphaCo meet its new performance objectives (40 marks). 3. Select one of the process areas from part 2 (e.g. capacity, quality, supplier or customer management) and, using Business Process Model (BPM) techniques, develop and present two BPM models that show how these could be improved by capturing the existing and the proposed business processes (20 marks). 4. Conduct research into a suitable Enterprise Resource Planning (ERP) software solution and develop an evaluation table, which shows a set of evaluation characteristics and the analysis of two commercial/off-the-shelf products and two Open Source Software alternatives (20 marks). 5. Select one Industry 4.0 technology and discuss the benefits of implementing this into AlphaCo (10 marks). Additional instructions 1. Follow a report format, with a title and contents page, Executive Summary (that gives a brief and complete summary of your paper for an executive to read), brief introduction, individual sections and sub-sections that address the assignment brief tasks, page numbers, brief conclusions and appendix section (if used). If you are uncertain about how to present and structure a report then visit the university library and ask for assistance. 2. Use diagrams, illustrations, tables, graphics etc. wherever these are helpful. If you do use these, please do not put them in the appendices if they are part of your discussion. Appendices are the appropriate places to put supporting material, however, remember if the reader is satisfied with the main points of your discussion; the supporting information within the appendices may not even be reviewed. 3. Try to use theory explicitly at all stages, but do not spend too much time describing a theory. While you must be explicit about the theories, models, techniques etc. that you use, you can assume that the reader is familiar with them. What the reader requires is evidence of your ability to understand and apply the theory and learn from it in order to support the development of your findings and/or ideas. 4. You must cite all sources on which you have relied, for example textbooks, journal articles, web pages etc. using the Harvard Bibliographic referencing system. If you do not cite all sources, then you may be accused of plagiarism, and that may endanger your success in passing the module. If you are in any doubt about how to reference your work, please obtain guidance from the library and/or your academic librarian(s) for this module. 5. All submissions should be word-processed (letter size 12, times new roman, 1.5 space) and fully referenced. 6. The word count for each task of the assignment brief should be based on the mark weightings for each one. Assessment Criteria You should look at the assessment criteria to find out what we are specifically looking at when marking the submissions. This reflects the Level 7 assessment criteria. Criterion / Mark range 90-100 80-89 70-79 60-69 50-59 40-49 0-39 Task 1 - SWOT Analysis (10%) Outstanding clarity of focus on the task and required structure. Outstanding critical understandin g of the relevance of the issues, Very good application and synthesis of secondary sources. Excellent clarity of focus on the task and required structure. Excellent critical understandin g of the relevance of the issues, Very good application and synthesis of secondary sources. Very good clarity of focus on the task and required structure Very good critical understandin g of the relevance of the issues. Very good application and synthesis of secondary sources. Good clarity of focus on the task and required structure. Good critical understandin g of the relevance of the issues, with some omissions or unnecessary issues, Very good application and synthesis of secondary sources, with some limitations. Focus evident and satisfactory structure. Satisfactory Critical understandin g of the subject matter, with limited awareness of issues, Satisfactory application and synthesis of academic content and use of secondary sources, with some limitations. Poorly focused, with poor structure. Poor critical understandin g of the subject matter, with limited awareness of issues, and expression of ideas. Poor application and synthesis of academic content and limited use of secondary sources. Little or no focus evident and very poor structure. Little or no critical understandin g of subject matter. Very poor application and synthesis of academic content and use of secondary sources. Task 2 – OM link to performanc e objectives (40% Outstanding clarity of focus on the task, structure and argument. Outstanding critical understandin g of the subject matter, issues, Excellent clarity of focus on the task structure and argument. Excellent critical understandin g of the subject matter, issues, Very good clarity of focus on the task, structure and argument. Very good critical understandin g of the subject matter, issues, Good clarity of focus on the task, with some omissions or unnecessary issues. Good structure and argument. Good critical understandin g of the Focus evident and satisfactory but with some omissions and unnecessary issues. Satisfactory structure and argument. Satisfactory critical Poorly focused, with significant omissions and unnecessary issues. Poor structure and argument. Poor critical understandin g of the subject Little or no focus evident and very poor structure and argument. Little or no critical understandin g of subject matter is demonstrate d and poorly and expression of ideas, relevance of issues. Outstanding application and synthesis of academic content and use of secondary sources as appropriate. and expression of ideas. relevance of issues. Excellent application and synthesis of academic content and use of secondary sources as appropriate. and expression of ideas. relevance of issues. Very good application and synthesis of academic content and use of secondary sources as appropriate. subject matter, issues, and expression of ideas. relevance of issues with some limitations. Good application and synthesis of academic content and use of secondary sources as appropriate. understandin g of the subject matter, with limited awareness of issues, and expression of ideas. Satisfactory application and synthesis of academic content and use of secondary sources as appropriate. matter, with limited awareness of issues, and expression of ideas. Poor application and synthesis of academic content and use of secondary sources as appropriate. expressed ideas. Very poor application and synthesis of academic content and use of secondary sources as appropriate. Task 3 – BPM (20%) Outstanding clarity of focus on the task and required structure. Outstanding application and synthesis of academic content, relevance of issues and use of secondary sources as appropriate. Excellent clarity of focus on the task and required structure. Excellent application and synthesis of academic content, relevance of issues and use of secondary sources as appropriate. Very good clarity of
Answered 11 days AfterDec 06, 2022

Answer To: ene ng)hich x nid) ii aI ii Igy and discuss the benefits of implementing hiIiihi) i Irch...

Asif answered on Dec 10 2022
29 Votes
Business Report: AlphaCo Company
Submission Date:
Student ID:
Table of Contents
Introduction    4
1. SWOT analysis    4
2. Performance objectives    6
3. Business Process Model (BPM) techniques    7
4. Enterprise Resource Planning (ERP) software solution    8
5. Industry technology and benefits    12
Conclusion    12
Reference list    13
Introduction
AlphaCo is a medium-sized company that provides the best quality handmade furniture items to its local customers. The company employees manufacture high-quality handmade furniture. The purpose of the study is to demonstrate a deep understanding of this company's internal and external issues. The following assignment identified a deep understanding of SWOT analysis and the Business process models with proper information. It describes the ER
P software solutions and theories with clear overviews.
1. SWOT analysis
    Strength
    Weakness
    Opportunities
    Threat
    Effective workplace management and a high-quality product are the major strength of this company. In addition, the trust and goodwill in implementing attractive designs and infrastructure also help this company to easily handle critical situations. The company has various clients and high market brand values. Those major strengths of this company helped this company to expand its business around the global market. The high quality and attractive product easily attract global customers. The strength of attractive design helped this company to increase its sustainability in the global market.
    The poor supply chain disruptor and lack of use of technology rescue its 30% sales in the global market. Other weaknesses areas are weak forecasting and poor manufacturing process highly decreasing its brand value. The company highly depends on local suppliers and time-consuming production of furniture products because of poor technology (Yeğin, 2020). It also creates various challenges for this company to develop its management. The company has a very low global market network which creates a big issue for this company to expand this business in the international market.
    AlphaCo has a huge opportunity to build a business of export and importing, effective advertisement strategy helps this company to expand its business. The implementation of technology, feedback system, and emerging marketing strategy help to build a strong brand image. The company needs to implement an advertisement and promotion strategy to introduce its product on global platforms. It also raises opportunities to increase sales and attract global customers. The company has a huge chance to enhance its business and get back the previous sales by implementing technology and effective business models.
    Emerging competitors and new market entries build a high external threat for this company. The high cost of technology and the Covid-19 pandemic are the biggest challenges to expanding this busies globally. For Example, IKEA is the biggest competitor of this company. The increasing external cost and the impact of the Covid-19 pandemic are a high impact on this business and increase the global market threat. The diversity of the economy and increasing inflation creates a critical situation for this company to enhance its business in the international market.
Figure: The process of SWOT
(Source: Yeğin, 2020)
2. Performance objectives
Alpha company needs to build effective management and theory models to establish its brand image in the international market (Sánchez-Alegría et al., 2021). Performance objective provides this company with effective management and infrastructure to increase its business performance in the international market. It helped the AlphaCo manager to identify the consistency of improvement of the work environment.
The 5 performance objective strategy
The performance objective is the most effective approach to recognizing improvements in achieving the organization's goals. The major 5 factors are quality, speed, flexibility, dependability, and costs. The implementation of this theory helps to figure out the development of this company in the international market. It helps this furniture company to manage quality products and reduce external costs. The five-performance objective strategy of this company is discussed below with theories.
Quality
The AlphaCo company needs to enhance its quality by implementing advanced technology, especially artificial intelligence, and automated machines. The unique quality of the furniture is the most important factor that helped this company easily attract local customers. The development of this company's product and delivery services helped to increase its business performance and develops strong brand equality in the local market. The improvement of product quality is essential for this company to improve its sustainability performance in the local market. The attractive design and logo-based product are highly necessary for this company to improve its business performance and objective in the market (Klevaka, 2021). It is easily assumed that the implementation of product development and uniqueness helped this company to enhance its business reputation and product values.
Speed
The delivery services are most beneficial for this company to get a huge customer engagement. A recent study shows that around 56% of consumers highly looking for efficient services. So AlphaCo highly recommended building a strong supply chain and logistics management department. The speed-based performance objective helped this company to enhance its delivery services very intensively. It is easily observed that the implementation of modern delivery services and a logistics department also arise various opportunities for this company to expand. The speed of transportation and logistics is essential to achieve the highest business performance. In regard, to the development of leadership and HR management increases this company's delivery services and the entire management. It can be assumed that the company develops strong brand values and build effective delivery management for their local customers.
Dependability
The coamnpy need to clarify its mission and objective statement with its employees. around 49% of consumers would share a positive brand experience that encourages them to choose branded products. In regard, the company needs to focus on its brand equality and promotion approaches. As a result, local customers easily encourage their interest in those homemade furniture products. The company promotes a strong announcement about its future objective (Simanová, 2021). It also encourages employees to increase their productivity and overall performance in the workplace.
Flexibility
Operating a flexible business is most important for this company to easily handle any kind of market changes. Especially, AlphaCo needs to implement effective marketing strategies and an HR management system. It helps this business to increase its business network and develop a strong image in the local market. It helps this company to access its highest performance objective and reduce external market threats. This company needs to adopt scheduling and implement advanced operating management to easily run a flexible business in multiple markets. It is easily observed that the development of flexibility can increase the business and sales factors. It helped to develop this business market values and create a productive work environment.
Cost
AlphaCo Company needs to implement value-based pricing strategies to catch a wide range of audiences' attention. In addition, competition-based, cost-plus, and dynamic pricing strategies are also helpful for this company to increase home-made types of furniture sales. The company can implement effective promotion and marketing approaches that are most beneficial for this company to get...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here