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Management
E-Business
December'07
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ERP Implementation in SMEs : Pre-RoI Calculations
E-Commerce : The EDI Way
IT and the East
     
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Strategy and Tactics to Achieve Effective IT Governance

-- Kerry Litten

IT governance is currently a hot topic and has been for some time. A consensus has formed that it should be an important area of focus for any organization interested in increasing the business value derived from their investment in IT. The article explains what IT governance essentially means and describes various steps to implement IT governance effectively.

Supply Chain: What's Next? : Managing the Entire value chain for volume and profits

-- Otto Schulz, Matthias Kannegiesser and Hendrik Disteldorf

Manufacturers that want to boost profitability by satisfying customers have to answer a number of important questions: Which customers do we serve first? Which orders are top priorities? What impact does the sales price have on production utilization? What are our customers' real requirements and how do we perform against these requirements? Questions such as these are typically answered by focusing on individual functions. It's time to stop concentrating on functions and start focusing on the entire supply chain.

Good Supply Chains Need CRM

-- Ann Grackin

The article explains why companies can't design the supply chain, or for that matter, the rest of the business, unless they have in-depth understanding of their customer. As companies compete globally, focus on brand mastery, battle for shelf space and face tremendous challenges in managing their dynamic channels, the need for better linkages between the customer-facing markets and the supply markets becomes increasingly obvious.

ERP Implementation in SMEs : Pre-RoI Calculations

-- Pankaj M Madhani, Amit Saraswat and Ravi Gor

Enterprise Resource Planning (ERP) system is a business management software, which is used to integrate and manage business functions within an organization. This article highlights the growth of ERP industry in India with significant market share coming from Small and Medium Enterprises (SMEs). It explains the ERP deployment issues in SMEs, the growth drivers of ERP and the cost benefits of implementing ERP.

Article Price : Rs.50

E-Commerce : The EDI Way

-- Bholanath Dutta

Electronic Data Interchange (EDI) is an enabling technology applied to a strategic re-engineering effort. Creative use of the EDI effectively reduces non-value-added costs, increases the availability of working capital and improves the quality of the data as well as the business processes. This article focuses on evolution, benefits and various applications of the EDI.

Article Price : Rs.50

IT and the East

-- Authors: James M Popkin, Partha Iyengar Reviewed by G P Mrudhula

A major transformation is being witnessed in the field of Information Technology (IT) around the world. The shift of major IT projects from the western countries to India and China gave birth to Chindia. Chindia is a story that is more conceptual than real and more speculative than practical. The global strategists and decision-makers have to keenly observe the technological advancements of these developing nations. The book explains how the two nations might soon declare their combined influence on the IT industry at the international level. It addresses the issues, priorities and perspectives of executives leading IT businesses in China and India.

Article Price : Rs.50

The Making of Apple's ipod

-- Vivek Gupta and Manasi Pawar

The case discusses in detail the development process and launch of iPod, a digital music player, by the US-based Apple Inc. in October 2001. Although iPod was priced high when it was launched, the demand for it kept on increasing as it was seen as a fashion statement especially amongst the youth. The iPod emerged as a highly successful product generating about 40% of Apple's total revenues in 2006. The case also highlights few complaints against iPod including poor battery life, low durability, the vulnerability of iPod screen to scratches and some patent infringements, etc.

"Disaster humanitarian relief is good, and it's good for business, too."

Dan Ludwig Dan Ludwig, Head, DHL's Humanitarian Affairs and Emergency Management Office for the Americas, explains the objectives of DHL's disaster management program, the key learnings from the past disasters experienced by DHL, how the company formalized the crisis management program and the key challenges faced in managing disasters.

Waiting for the Payback

Pat Sweet In the survey, respondents were asked on the major threatening factors of effective supply chain planning. Fierce competition, globalization, shortening product life cycle and demanding customers were the main factors identified. Organizations have yet to realize significant gains from implementing supply chain technology. Only 8% of the respondents have realized all the benefits they expected from the systems while 36% have reported some gains. However, organizations continue to invest in supply chain technologies despite uncertain benefits.

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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