Business Process For A Small Company - 1430 Words

Abstract This Project is a group project of two and it’s a study of business process for a small company. In this study, our goal/objective is to understand how company can have better insights of the business by incorporating data warehouse and data mining into their current software environment. We will also try to explore which tool will be best for the company and how different data mining tools and techniques helps users to improve business process in terms of operational and management. Introduction In this paper we are trying to understand how specific company software can provide better information to users, improve the business process (sales), etc. by incorporating data mining and data warehouse concepts to their existing†¦show more content†¦Company produces dairy products including cheese, ice cream, yogurt and milk. Company sales these products to retailers and small business owners. Company has a production facility where the goods (cheese, ice cream and yogurts) are produced. These finish goods are then transferred to three different regional distribution centers. Company salesmen collect their supplies and customer visiting list from the warehouse manager according to their assigned regional centers. Now salesmen visit their customers, sale goods and also take products back (from the previous sale) that customer doesn’t need. Salesmen carry a wireless device which has an application to create invoices. A salesman also takes a preorder for the next visit and collects payments. As salesmen are generating preorders, sales of this information is transferred to main office and warehouse database for further actions. Software Environment Currently company software database is collecting information from main office (information about the products, customers, employees, promotions, price of products), available inventory, inventory status from the distribution centers and sales information from the wireless devices. Present Issues in Warehouse and Accounting Department Now there are many issues /requirements from the warehouse and accounting department such as: †¢ How to maximize customer visit by salesmen (Route Schedule) †¢ How to promote other products to customer ( Suggest items lists and promotions)Show MoreRelatedStrategic Issues in Entreprenuerial Ventures1565 Words   |  7 PagesChapter 13 STRATEGIC ISSUES IN ENTREPRENEURIAL VENTURES AND SMALL BUSINESSES The Importance of Small-Business and Entrepreneurial Ventures A. Definition of Small-Business Firms and Entrepreneurial Ventures The most commonly accepted definition of a small business firm is one that employs fewer than 500 people and that generates sales of less than $20 million annually. According to the U.S. Small Business Administration, â€Å"A small business is one which is independently owned and operated, and whichRead MoreThe Importance Of Human Resource Management Within The Business1738 Words   |  7 PagesResources in Small Business Derrick Rowley Business 224 Dennis Oden 7 June 2015 â€Æ' Abstract Within this paper you will find that HR is vital to all businesses, but can greatly affect the long-term success of a small business. Small businesses can have a difficult time finding qualified individuals to help with the production side of the business. That is why having human resource management within the business is so important. HR sets the planning process and within this process comes many importantRead MoreCase Study : Quickbooks Software, Company Management And Tax Preparation Solutions For Personal Finance And Small Business Accounting1365 Words   |  6 Pagesdeveloper of financial management and tax preparation solutions for personal finance and small business accounting. QuickBooks is one of the most widely-used small business accounting information systems in the world. QuickBooks accounting software lets people manage their business with little or no experience. QuickBooks is designed to facilitate financial division in creating, recording and tracking business tr ansactional records that are necessary for producing financial statement analysis reportsRead MoreThe Innovative Process Of Innovation Essay977 Words   |  4 PagesThe Innovative process Important lesson learned from innovative process The innovation process is similar to evolutionary process. It is dynamically a process of improvement and adaptation that gives the organization ability to survive in a business environment and thrive. A good innovation process is proactive and not reactive and can have all or some of five elements; 1. Recognition or identification of a problem or opportunity that can be pursued. This is in terms of human aid provision. 2. InventingRead MoreEssay On Online Payroll Services750 Words   |  3 Pagesyour enterprise? There are a number of explanations why you might consider considering and rates payroll programs. For small-business owners who love and are adept at accounting, sometimes doing things in-house may seem to be such as a fine choice. However, here, we study some of why its best if you let the pros handle payroll: Why You Need Online Payroll Services Small-business owners often expect that payroll simply consists of providing regular paychecks to employees and feel that its definitelyRead MoreDesigning Plans For Current And Future Business930 Words   |  4 Pages As a company is becoming established and constructing plans for current and future business approaches, one vital consideration for the company is identifying its key success factors, or KSFs. KSFs are the factors that determine a company’s ability to compete successfully in an industry. The specific KSFs for any given company are unique, but by using whichever metrics have been uniquely decided upon and focusing efforts on evaluating and maximizing performance based on these KSFs, entrepreneursRead MoreSmall Business Management Essays1535 Words   |  7 Pagesthat a small enterprise should meet three criteria: independent (not part of a larger enterprise); managed in a personalized manner(simple management structure); relatively small share of the market(the enterprise is a price ‘taker’ rather than price ‘maker’). There are also quantitative definition of the smaller enterprise in terms of measurement of the assets, turnover, profitability and emp loyment from different sectors and countries (Bolton, 1971). 2 What is entrepreneurial small business ThroughoutRead MoreAccounting Software Bridge Gap For Small Businesses1607 Words   |  7 PagesAccounting Software Bridge Gap for Small Businesses Small Businesses face more challenges than large corporations, it is often difficult for small businesses to remain competitive in a constant changing economy. Many small businesses lack the capital, know how, and budgetary allocation that helps small businesses build and expand. Therefore, small businesses depend on accounting software to narrow the gap between large corporation and small businesses by reducing cost, boost efficiency, reduce manualRead MoreCase Analysis : Prison Supplies Inc 1151 Words   |  5 PagesInc to determine if the providing debt financing to the company has meaningful profit potential. Background †¢ UniCal Prison Supplies Inc. is a 25-year-old wholesale distribution company that specializes in business-to-government (B2G) procurement services. †¢ The company is experiencing cash flow problems and has not achieved profitability for the past five years. Management is seeking a $2 Million private long-term loan. †¢ The company has a history of successfully winning lucrative governmentRead MoreIso 13000 International Organization For Standardization1075 Words   |  5 Pagescommon in the world of business. Currently, ISO 9000 involves three quality standards which are ISO 9000:2005, ISO 9001:2008, and ISO 9004:2009. ISO 9000:2005 is the vocabulary and fundamentals in ISO 9000 series of standards. , ISO 9001:2008 which replaced ISO 9001: 2000 is the standard that contains requirements that a company should comply with so that it can become registered under ISO 9000. ISO 9004:2009 manages for the organization’s sustained success. For a company to be certified, it has