MANAGING OPERATIONS AND INFORMATION Essay Example | Topics and Well Written Essays - 2250 words

MANAGING OPERATIONS AND INFORMATION - Essay ExampleAfterward, this report has discussed the ways that Mark Lucas washbowl follow in order to satisfy his customers. This report has to a fault discussed the options of data marts and data warehouse. Data warehouse is determination support system that organizations use to build effective decisions. This report has also suggested the supplier relationship worry techniques that Mark Lucas can adopt to improve his occupancy performance. This report has also suggested that the sharing of information among transaction customers, suppliers and working staff would benefit the organization. Introduction This report go out present the answers of five different questions. The answers of these questions will be base on Zara case. First answer comprises the discussion on business areas which can sponsor Mark Lucas reduce the business expenditures. The next answer outlines the steps that Mark Lucas should take to maintain the bore of servic es. After that this report will discuss the role of data warehouse in a business. At the present, the majority of business use data warehouse for effective decision making. This report will also suggest the type of supplier relationship Mark Lucas should adopt in order to improve his business performance. Information is a very important asset of business. This report will discuss the sharing surgical operation of this information among different business operations. Discussion Question Number 1 The emergence of latest tools and technologies is advancedizing the strain of the world in which we are living. At the present, latest information engineering science based systems are fling a lot of facilities and services for the business management. In this scenario, the establishment of brand-new technology based systems has offered a lot of easiness and facilities to the businesses in the form of better customer support and supply chain management. Additionally, the modern informat ion technology based systems are based on automated customer response systems that can deal with customers requests seven days a week and 24 hours a day. In short, modern technology has not only changed peoples view of the world but also opened new horizons for the business corps (Turban et al., 2005) and (Ray, 2004). In scenario of Zara passel, Mark Lucas has decided to establish a new business arrangement that will be based on an online business put in. This new business store will help the corporation carry out business operations effectively. However, the new online business store will be for constituent(a) Food Company. In this way, customers will be able to interact with business directly using this clear based arrangement. Additionally, this online business store will work as a customer relationship management system that will offer web based business management. In addition, this new web based business store will be helpful to Zara Corporation in reducing their business expenditure. For instance, Zara Corporation will be able to reduce court associated with physical business management. Additionally, they would have possible cost reduction due to lower human resource requirements and they would need to find out a especial(a) region for opening a business shop. In addition, Zara Corporation can also reduce expenditures by avoiding store management issues. In this scenario, they can make use of their web based business store for marketing purpose to reduce business expendit