Monday, July 2, 2012
Sunday, June 3, 2012
Tuesday, May 29, 2012
Lecturer 4 - Advertising & Brand Management
I've learned about how to advert our business example Banner Advertisement and Advertising on web. What ever advertisement that we gonna use it has their own advantages and disadvantages. Its depend on how we work it.
Lecturer 5 - eCommerce Business to Business Strategies.
Today is Monday 21st may 2012. I’ve learned about Background to B2B
eCommerce and it covered 6 topics on it such as purchasing activities,
logistics activities, support activities, egovernment, EDI and VANS.
What I
has been exposed that companies can use eCommerce to improve purchasing and
logistics processes, support processes such as finance, administration,
technology and flexibility to respond to changing circumstances.
Purchasing activities are the identifying vendors,
evaluating vendors, selecting specific products, placing orders and resolving
issue after order has been received.
Logistics activities are providing the right goods
in the right quantities in the right place at the right time. For example Warehousing
and controlling.
Enhancing support activities via web technology for
example all the information must be secure and make a training material through
online.
eGovernment is to Provide ways for citizen to
interact online with the government. It’s also to distribute benefit payments,
increase the availability of information.
EDI is stand for Electronic Data Interchange. It’s
the transfer of business information between two businesses that use a standard
format of some kind such as invoices, purchase orders. EDI Standards are ACS
X12 (American National Standards Institute), UN/EDIFACT (United Nations) and
agreement to develop one set of international standards, but….no date set for
implementation.
Value-added network (van) provides communications
equipment, software and skills.
Monday, May 28, 2012
Chapter 5
Chapter 5 & 6
Q1: Define "direct materials" and "indirect materials". List
reasons for a large company having two separate departments to manage
the purchasing of each.
Q2: In about 200 words, describe the reasons a buyer might have
for wanting to participate in an industry consortium marketplace
instead of setting up its own private company marketplace.
Q3: Which industries were the first to establish standard RFID technology? In about 100 words, state why, in your opinion, these industries were more interested in RFID tag technology than other industries.
Q3: Which industries were the first to establish standard RFID technology? In about 100 words, state why, in your opinion, these industries were more interested in RFID tag technology than other industries.
A n s w e r s.
1. Direct materials are those materials which can be identified in the
product and can be conveniently measured and directly charged to the
product. Example timber in furniture making, cloth in dress making, bricks in building a house. Indirect materials are materials that are used in a production process, but are not directly traceable to a cost object. Example Lubricants,grease,sand paper. The large companies used to have the
separate departments for the direct and indirect material because large
companies used to have much amount of direct material and indirect
material on daily basis so it is very impossible for one department to
carry out functions on the two. For the companies success they must need to have online and manual databases, so it is very important to have two different departments for these two materials to maintain proper cash books, receiving books etc.
2. A buyer want to participate in an industry
consortium market instead of setting up its own private company
marketplace because an industry consortium is a greater way to gain
competitive advantage. They feel that things will be
cheaper than purchasing them individually. When buyers participate in a
consortium, they will also have least work to do. The most important
reason for participating in a consortium marketplace is because there
comes more ideas with me people and the better off that particular
marketplace will be. The
process of setting up your own private company marketplace can be very
expensive and it takes a lot of work. Some people have no idea where to
start when setting up their own private company marketplace. Therefore,
joining an industry consortium marketplace would be a lot easier and
cheaper.
3. Guangdong RFID Technology Service Center (GDRC for short) is
a public service organization initiated by the Guangdong Radio Monitoring
Center and Logistic & IT Associates, under the supervision of Department of
Information Industry(DII) of Guangdong, in cooperation with RFID organizations,
research institutions and industrial organizations of both Guangdong-Hong Kong
and abroad, to provide localized technical support on shared RFID
infrastructure for the region as well as commercialization of RFID application
in logistics, manufacturing, retailing and IT industry. Missions of GDRC To
promote local applications of RFID technology complied with international standards
and to provide Guangdong with international logistic supply chain services, to
enhance the competitiveness for local industries. RFID tags can easily track moving objects and send the required information back to the reader. This eliminates human errors, reduces labor and provides quick access to a wealth of information. RFID costs more to implement than a barcode system, but provides a good return on investment in the long run, since RFID is significantly more efficient. An RFID tag is securely placed within an object or embedded in plastic, enabling the system to be used in a variety of harsh environments, such as areas of high temperature or moisture, or with exposure to chemicals or the outdoors. An RFID tag can be read through other materials (though some materials may cause problems). Once again, cost comes into play here, as read-only tags are much less expensive than read/write tags. Therefore, you will likely see limited use of this functionality.
Wednesday, May 23, 2012
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