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Systems and Information Systems Project

Group: 2 Purple

Monday/Wednesday 2-3:15

Kristin Wischow

Rob Ward

Ryan Odell

David Sjoquist

Rahul Shah

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Table of Contents

 

Systems Project:

1.      Introduction

2.      Input/Output Model

3.      Business Goals/Measurable Results

4.      Major Views

5.      Relationship Model

6.      Business Obsacles

7.      Computing Data

Information System Project:

1.      Accounting Information system

2.      Trends

3.      System Attributes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Introduction

 

            A system is a set or arrangement of things so related or connected as to form unity or organic whole.  An information system is a goal-driven set of elements, including: input, storage, procedures, and output, and their purposely-oriented, structured relations that produce measurable results under the form of process performance measurements, change, assessments, awareness, and choice.

Our business is Walmart.  Walmart sells products directly to the customers.  It is a chain store all around America.  They sell many products such as: electronics, movies, music, books, toys, jewelry, sporting goods, home appliances, garden and patio accessories, video games, apparel, gifts, pharmacy, and décor.  Walmart is an all purpose store.  The biggest compeditors is Meijer, but also stores like Target and Kmart.  Our motto is “always low prices always.” 

 

 

 

 

 

 

Walmart uses on time shipments.  This means they don’t have to keep a lot of inventory in their back rooms it saves a lot of money on storage.  When inventory in the store starts running out the system notifies them to order more stock.  Another business process that they use is sales.  The workers are always friendly and helpful,  for example the customers are always greeted by the employees when they walk into the store.  Their sales motto is “always low prices always.” 

 

 

 

Business Goals

The goal for Walmart is to generate money and to provide a satisfactory shopping experience to bring customers back.  They try to make the customers happy by having more for less price.  Their revenues have increased by each year.  It seems from the financial statements that Walmart is continuing to do better.  The future goal for Walmart is to keep doing better then their compeditors.  Walmarts measurable result would be to do better or to equal their major compeditor.

 

Major Views

Three major views that are important to Walmart are technology, services, and civilization.  The technology view is important to Walmart because the way that they save money with their inventory, faster customer service, using self check, and eliminating baggers saves on labor cost.  Also technology helps monitor the store from theft.  Technology also helps the cashiering with better computer systems there will be fewer errors.  They can also save money on checks by having automatic deposits.  Service view is very important to Walmart in the aspect of customer service, it is important to give the employee a comfortable and safe environment and by giving money back guarantee service to the customers if they are not satisfied with the product. Lastly the economic view is very important to a major company such as Walmart in a way that they can buy goods cheaper in other countries such as China and Mexico and sell them here cheaper. They also help out those countries economies by supplying jobs and boosting their economies. Walmart is a major superstore in America so they are a mojor player in our economy as well just like when K-Mart went bankrupt it hurt our economy because of a dramatic lose of jobs and drop in the stock market.

 

            Technology is attatched to good management skills, manufacturing processes, and the customer service.  It helps our managerial skills by providing competitive advantages in the market place and by improving the financial planning.  It helps manufacturing by saving inventory space and improving product construction.  Lastly it helps our customer services by improving customer relationships and making them feel welcomed into the store.

Obstacles of Business System

Some of the major obstacles that Walmart faced day to day are theft, technology, competition, lawsuits, and payment of workers/unsatisfied employees that can lead to dissatisfied customers. Theft is a growing problem for many companies that leads to higher prices on products for customers because the company loses a lot of money and needs to some how make up for it. If a cashiers computer breaks down then that isle is closed and customers have to wait longer in line to check out or even if a credit card scanner is not working it could cause a huge problem since the majority of things are charged these days. There are many competitors out there for Walmart to worry about such as Meijer and Kmart, they need to have better customer service, lower prices and better products to be better than their competitors. When a customer gets hurt in the store and the store is at fault such as a wet isle or icy sidewalk Walmart has to deal that customer in court and may have to pay a lot of damages. When an employee feels like they are underpaid or unsatisfied with their job they do not have a positive attitude while working which will eventually be passed onto the customer and will lead to unsatisfied customers.

Information System Project

            The company we choose is called One Two Three Accounting.  The information system they use is accounting.  Before computers were used in the business environment many accounting transactions were hand posted and calculated; such as trial balances, closing entries, and financial statements.  Now that accounting information systems have developed, computers do all the mathematical and organization components in accounting.  Accounting information systems do all the bookkeeping, trial balances, financial statements, closing entries.  Accountant duties have decreased to focus on cash flow, tax position, and financial health for the company. 

           

 

Trends

Accounting solutions are being provided to almost every industry, even the mechanical engineering, distribution and also finance industries. The accounting information system is growing so big that they are being outsourced now and the BPO market for it expected to reach USD 11.2 billion. Integrated systems are being employed for financial management within companies. Communications accounting systems create on-premise technology service providers and identify billable activity on a network as it occurs, apply local pricing policy, and cut invoices or post charges to financial and property management systems. They operate at the boundary between the on-property network and the broader Internet or the telephone network.

 

 

 

Systems Attributes

 

            In a computer system timeliness is important, in cost effectivness, quickness, and efficentcy, and fewer human errors. An accounting program may be more efficient than having a human doing all of the trial balances financial statements and closing entries. It takes a lot of time to calculate closing entries and financial statements but a computer systems cuts out most of the time so the company saves on labor costs which can get very costly. All accountants need to do is post entries in the system and the computer will process the data and give them an output. Doing this will also decreases most of the human errors which leads to employee costs because the person needs to go back and figure out where they made the error and then the trial balances will be off as well as the closing entries and finanacial statements.