Preview

Improving Organizational Performance Using Information Systems

Satisfactory Essays
Open Document
Open Document
252 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Improving Organizational Performance Using Information Systems
improving Organizational Performance Using Information Systems

Improving Organizational Performance Using Information Systems Play Around Toys Inc. is exploring new ways of reducing cost while still deliver high quality products to its customers. An information system can assist Play Around Toys Inc. in more ways than just one. With the data provided I am able to figure out who has the best accounts payable terms, prices, and the companies with on-time delivery. Evaluating this information could lead to having the best quality products on the shelves when the customers want with a low cost of goods total. After review of the orders and suppliers data I would recommend that Play Around Toys Inc. chose to work with only the suppliers who have shown to have the best prices with shortest amount of time between the order date and the delivery date. I would recommend using the following vendors: Dependable Vendors, Jones Suppliers, Fast-Deliver Supplier and First Vendor. These vendors have the best prices with the lowest transit time. Although the account payable terms are a bit high if business is running smoothly because product is on the shelf there is no reason why bills are not to be paid on time. Information systems are important to have a successful productive business. Nothing but productivity can come from allowing the raw data of a company to be transformed into information that can be used to be successful. Play Around Toys Inc. should use to recommendation to save money to make more money.

You May Also Find These Documents Helpful

  • Powerful Essays

    Toys R Us Case Questions

    • 1039 Words
    • 5 Pages

    In 2005, the U.S. retail toy industry was not looking too promising. Sales were down 4% in the industry from 2004 to 2005. Although there was growth in some subcategories, dollar sales in the industry declined for a third consecutive year. One threat to the industry was the new trend of younger…

    • 1039 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Disclosure Analysis Paper

    • 768 Words
    • 4 Pages

    Toys “R” Us, Inc. is the company that I will analyze. To analyze the disclosures of the company’s financial statement is important because it allows one to understand the position of the company. Toys “R” Us is one largest in the world toy retailers offering a selection of toys and baby products for families around the world. For more than 60 years, Toys “R” Us has been an all-time favorite for kids and grown-ups with many kinds of toys, games, learning aids, electronics, apparel and furniture. Merchandise is sold in 872 Toys “R” Us and Babies “R” Us stores in the United States and Puerto Rico and in more than 645 international stores and over 150 licensed stores in 35 countries and jurisdictions (About Toy “R” Us Corporate).…

    • 768 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Organizational performance management is important for all types of businesses, especially in the world of medicine. Three organizational businesses we chose as a team to research and compare Town Beach Fire and rescue, The Baptist Hospital, and The Center for Disease Control, and the roles that Pharmacists play in the dispensing, and managing of prescription medication. This paper will compare the main regulatory and accreditation standards that apply to each type of organization and identify standards that apply broadly to most or all types of health care organizations. Discuss the influence of regulatory and accreditation standards on performance-management systems. Determine how the performance-management systems affect risk management and quality management in each type of organization. Identify key areas in the organization that will have direct responsibility for carrying out the everyday responsibilities associated with the regulations or standards. Describe oversight activities that could be practiced to ensure that the regulatory and accreditation requirements are being implemented and are achieving the desired results. Address the similarities and differences among the types of organizations. Propose how each organization will monitor performance, achieve regulatory and accreditation compliance, and improve overall organizational performance. Describe ways each organization will communicate with leadership to ensure alignment of organizational goals and gain buy-in from staff to achieve compliance with the standards and requirements issued by regulatory and accreditation bodies. Identify compliance with the regulations and development of risk-management and quality-management systems for each type of organization contribute to the organization management system.…

    • 2325 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Ever since the ending of WWII the distribution of healthcare services within the United States has constantly been changing and will continue to do so. With that, our country’s Medicaid and Medicare programs have reached an all-time high percentage and have the largest budget for the healthcare system on the planet. At an astonishing 27 percent of the gross domestic product being delivered to these programs, one can clearly see there is room for improvement. Also, with all the advancements within medical science and technology delivering state-of-the-art and cutting-edge treatments there are more and more challenges appearing almost by the day. On the other hand, the administrative department must continue to be on top of their game regarding the medical industry management along with the up-to-date trends within the administration field. In other words, increasing their general proficiency, managing records and the budget with better skills, and the quality of patient services are a few task that are always evolving and can be improved. Several medical experts and highly recognized scientist have shown with statistical and academic data that by integrating and proficiently interrelating strategic planning, performance improvement and information systems into one another health care organizations can fundamentally deliver excellent quality of services to customers.…

    • 545 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    In this case of Toy Central Cooperation the aim is to evaluate company risks and accounting issues facing a Toy Company, and establish how these issues would transform into required particular audit risks. In performing the analyses, there is need to draw on all-purpose information of toys and perhaps to investigate a number of of the accounting procedure issues confronting the Toy Company. Throughout this evaluation and analyses, there is a necessity for the Company to see a need for auditors to regard wide management issues concerning to supply chain management, as well as more advanced procedures relating to accounting and auditing in the Company.…

    • 1305 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    This paper, and the special issue, address relationships between information systems and changes in the organization of modern enterprise, both within and across firms. The emerging organizational paradigm involves complementary changes in multiple dimensions. The revolution in information systems merits special attention as both cause and effect of the organizational transformation. This can be illustrated by considering two key variables: the location of information and the location of decision rights in organizations. Depending on the costs of information transmission and processing, either the "MIS solution" of transferring information, or the "organizational redesign solution" of moving decision rights, can be an effective approach toward achieving the necessary collocation of information and decision rights. When information systems change radically, one cannot expect the optimal organizational structure to be unaffected. Considering the interplay among information, incentives and decision rights in a unified fashion leads to new insights and a better organizational planning. The papers in the special issue address different facets of this interaction. Despite significant progress, our understanding of the economic role of information systems in organizations remains in its infancy. We conclude that successful design of modern enterprise will require further narrowing of the historic gap between research in information systems and research in economics.…

    • 4699 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Zara’s store managers were given personal digital assistants (PDAs) so they could gather customer input outside an office setting. The staff in Zara would regularly gather information from customers, such as the trend of fashion customers preferred and feedbacks of garment that they would like to see more in the shop. The range of information collected included colours, length and even small detail of the clothes were collected from customers through front line shop staff.…

    • 1737 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Johnson Toy Company

    • 1730 Words
    • 7 Pages

    The purpose of this paper is to propose a new policy that Johnson Toy Company can adapt to handle product returns. The paper will highlight detailed instructions for its distribution and accounting departments to handle returns. Additionally, the paper will recommend a short-term policy proposal to immediately deal with the Jungle Jim dolls crisis and handle the large returns from its venders and retailers.…

    • 1730 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Case analysis 1) Current Market strategy (“4P” / “4C”) (1) (2) (3) (4) 2) Product → Commodity: innovative products / safe, durable and educational Price → Cost: moderate price / good value for money Place → Channel: Aggressive to increase the market reach and improve sales Promotion → Communication: focused strategies for advertisement and promotion of differentiated range and group of products SWOT analysis (1) Strengths (Internal) 1Internal operation ­ ­ ­ ­ ­ 2­ ­ well-run established professional management expertise from diverse industries excellent sales history (continuous sales increase during the last 10 years) effective product testing and marketing programs facilitate internal toy design sound financial condition A leading toy manufacturer with a wide range of quality toys at moderate prices. has relatively good market for specialty toys, which has grown substantially over recent years 3Brand & Reputation ­ ­ ­ (2) the best know brand for toys, has the largest market share (64.7%), and is brought most often (82.7%) Enjoys a reputation for…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Would you entrust your corporate systems to a cloud computing provider? Why or why not?…

    • 287 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    If a portfolio has a positive investment in every asset, can the expected return on the portfolio be greater than that on every asset in the portfolio? Can it be less than that on every asset in the portfolio? If you answer yes to one or both of these questions, give an example to support your answer.…

    • 1134 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    The next goal was to recommend solutions that would make the organization more flexible while improving job satisfaction levels. The recommendations needed to stay in a budget of 150,000 dollars; the recommendations suggested totaled 149,314. The following interventions were suggested to make the organization more flexible and improve job satisfaction levels allow participation in open competitions, rotation in industry meets, training in other stunts, and performance based incentives. These recommendations were made because they had potential to make the organization more flexible. Allowing employees to participate in open competitions allows the…

    • 1096 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    3) What is software that is designed to process data for users in an organization?…

    • 3271 Words
    • 14 Pages
    Satisfactory Essays
  • Powerful Essays

    It is a family-run business which has been producing high-quality and expensive nostalgic wooden toys for over 50 years. The products, targeting at both children and parents, are distributed via up-market retailers and department stores. It strives to continually improve the quality of its existing products and does not focus greatly on developing new product. The business strategy of it is to sustain its competitive advantage by differentiating itself in terms of high product quality, superior customer services and unique product feature which is ‘nostalgic’ focus. Its challenges include how to maintain the high quality of products and services: how to source and retain the skilled labor, e.g. craftsmen, how to expand production capacity to…

    • 1719 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    What Is Information Technology (IT)?Information technology is one of the very advancing and in-demand technologies of this era. Ever since this technology has emerged, it has heavily dominated many organizations and firms providing them with efficient way of work. Before indulging into the depth of this technology with respect to organizations, it is first important to get a brief idea about what information technology really is. Information technology basically involves all the things that are related to the technology and science of computer and telecommunication systems. Information Technology is concerned with developing technology into something more fruitful. Information technology is inclusive of both rational and technological elements. On the other side, technological elements comprise of terms and conditions of information technology that are needed for logical structure of a system (Kalam 1, 2000). In other words, it can be said that information technology includes both computer hardware and software like voice, telecommunication stuff, multimedia and so forth. Therefore, information technology is helpful for inserting, extracting or processing information (Kalam 1, 2000). It must be clear to all that information technology is not just limited to computer oriented areas, but also helpful in departments of telecommunication, micro graphics, various firms and other support services.…

    • 2228 Words
    • 7 Pages
    Powerful Essays