The Bead Bar is company that has three divisions: (1) studios, (2) franchises, and (3) Bead Bar on Board. The studio division oversees the company's six bead bar studios. Along with the original, there are now two studios in New York City, one on Long Island, one in Washington, D.C., and one in Boston, Massachusetts. The franchise division sells a complete beading supply package to businesses that want to open their own bead studio. The division is responsible for fulfilling franchisees' supply requirements.
It is inefficient and causing problems like lost orders, incorrect invoicing, and fulfillment delays. Problems of this nature will only diminish their reputation and cause business to decrease. A network would allow Bead Bar to be global, quicker, organized, and more efficient. It would make each studio accessible for information from each individual studio. It would help to keep a better track on the amount of inventory coming in and out of each studio.
By censoring some products Wal-Mart are trying to market themselves as a company with good values. They use this to attract families. Unfortunately this plan has negative and positive effects. A negative effect is the ef... ... middle of paper ... ...eakness have been stated as an air of complacency or a loss of presentation and marketing in the stores. As a most firms grow they encounter problems with staying in the right direction.
Which they are introduced to the customers this is because the different types of e commerce application have seen far more developments of the model based online stores using. can be made use of to develop character sites along with graphics and logos for the retailer to enhance their business is the latest application technology of the internet. Without the requirement of any other hardware or software, the only accuse they will have to pay is their monthly rentals. the consumers can enjoy are that the shopping done over the internet can be quicker and easier with a number of deals accessible by the retailers that some of the other advantages . B2C E-Commerce type are promotion to un-trusted stranger and extra effort to get customer and payment information this is the disadvantages.
It also stunts any scope for improvement or innovation as it is too focused on sticking to the set benchmarks. This often leads to poor overall performance of the organization in the long run which in turn affects the going concern of the business. Secondly, it utilizes a single, volume-based cost driver which leads to the distortion of the cost of products. It traces overheads to products or services usin... ... middle of paper ... ...osts and where to apply efforts to curb inflationary costs. This can be of particular value in tracking new products or customers and also solves the cross-subsidies problem linked to traditional costing system by separating overhead costs into different cost categories or cost pools.
With the development of world technology are more and more advanced, the digital economy and mobile payment are gradually universed to many people, the new payment method of shopping online is appear. Compared with the traditional buying goods in a store, shopping online is becoming more popular with people for it is convenient and original, obviously it has better and more advantages. “But there are also some shortcomings about shopping online which traditional way does not have, such as the quality problems, security problems, after-sales service problems and so on.”(Michal Pilík) People also need have careful attitude to it. So, we can know whether shopping online or buying in a store also each has its own advantages and shortcomings.
The middleware will allow a business to manage their product information that exists over a variety of systems. The software will allow for product attributes and locations to be more accurately shared. Many companies still give out inaccurate information about their products because of insufficient technology. This middleware will help solve this business problem allowing businesses to enhance their performance and customer service. This will very positively affect businesses (Beth Bacheldor-InformationWeek.com).
It may be argued that the function between logistics and marketing is different. The former one is to deliver products and the general public impression of logistics is not too positive (Jackson 2011). On the other hand, marketing focus on customer management, that is making customers buy and satisfy with their purchases (Grönroos 2009). The cooperation of different departments can require more human and financial investments. However, one implementation of the idea of cooperation called Efficient Consumer Response (ECR) is successful.
(Batlzan,Detlor,Welsh 2012) In today’s business top managers need structure when making decisions and this helps, but they also need accurate and up to date information from all parts of the business process. From suppliers, logistics, competitors, the industry and of course customers there must be information available to help make those decisions and they use business information systems to help with this. If it is big business or small they can benefit from using information systems. ( This paper will focus on the details of the Michael Porter’s model and how information systems help in the five force process. These forces are buyer power, supplier power, threat of substitute products or services, threat of new entrants and rivalry among existing competitors.
The Bead Bar is a company that permits its consumers to produce their own bead jewelry by using wire, beads and string. Presently, there are three branches of the business composed of one studio, two franchises, and three bead Bars on Board. The role of the Bead Bar studio is to oversee the six Bead Bar studios that have two locations in New York City, one in Long Island, one in Boston, one in Washington D.C. and the flagship in New Canaan, Connecticut. The franchise division has the job of supplying beading supplies to stores that wish to open their own studio location. The franchise locations are located in Los Angeles, Kansas City, Chicago, Seattle, and Miami.