Monday, January 27, 2020
A Report On Dabur India IT Systems Information Technology Essay
A Report On Dabur India IT Systems Information Technology Essay Dabur India Limited is Indias fourth largest consumer packaged goods company in India. They offer a wide range of specialization in health care products, personal care and food care products. Over the years, Dabur has clearly maintained its monopoly as one of the prime leaders in Indias fastest moving and developing fast moving consumer goods (FMCG). The dominance of Dadur was such that it was impossible for the Indian public to do away with their products- May it be their Chvanyaprash, honey or Glucon-D or for that matter even their dantmanjan or their shampoos. Today Dabur is arguably the worlds largest leader in ayurveda with a portfolio of over 250 herbal/ayurvedic products. It includes five flagship brands with distinct identity as their FMCG portfolio. Dabur today operates in key consumer products categories likeà Hair Care, Oral Care, Health Care, Skin Care, Home Careà andà Foods. The company has a wide distribution network, covering overà 2.8 million retail outletsà with a high penetration in both urban and rural markets. It has always been a challenge for Dabur to keep moving at pace with which the Information Technology (IT) sector is moving, but over the past few years the investments put in for IT by Dabur is enormous and noteworthy. Some of the IT initiatives implemented by Dabur was high appreciative- They migrated from using baan and mfg ERP systems to centralized ERP systems from 1st April 2006 in all its business units. It implemented a country wide new WAN infrastructure for running centralized ERP system. It also rolled out many new IT services to its new plants and CFAs. The prime objective of this assignment is to study the use of ERP in Dabur India Limited. A detailed analysis is given below Daburs IT initiative Dabur India has always been a firm believer in technology. To some extent, the vast use of information technology by Dabur has helped them to spread their distribution system across India and all over the world. It has also helped them to cut down on cost and increase profitability. Some of the major IT initiatives of Dabur are- Dabur implemented SAP ERP system from April 2006 for all its business units, a more advanced ERP system than the earlier Baan and Mfg ERP system. Installed a country wide WAN infrastructure for running centralized ERP system. They opened up their new data centre at KCO head office. Extension of reach system to distributors for capturing secondary sales data. Some of the future plans for Dabur are mainly focused on SAP ERP system. Integration with distributors and stockists using SAP Backward integration of SAP with suppliers. Implementation of SAP HR and pay roll. SAP ERP system ERP is a software which is pre dominantly designed to felicitate ease of enterprise operations. MYSAP is the most commonly used application of SAP by Dabur India. Normally ERP software does not discharge the functions properly if the organization does not adapt to the change. The possibility of the problems may be from technical to managerial. MYSAP is one such application from SAP which is designed in overcoming the above mentioned drawbacks. It is also compactable to all functions in an organization. It also helps in better performance and better integration. The main advantages of a MYSAP application are It is Transparent and flexible application- This can be easily accessed by any staff in the organization, from the top management to the technicians. Arguably this system boosts the morale of the employees and results in better performance. A complete understandable solution- This system includes almost all part of the organization like reengineering, organizational dynamic etc. This in turn makes the job of the vendor easier. Helps to achieve good governance- MYSAP ERP provides the necessary inducement thus helping the organization in good governance. It also provides some special applications that help the management to keep track of the functions performed and also monitor the financial transactions. It also helps the organization to take quick and effective decisions. It also helps in cost reduction Reduction of risks. It also felicitates good overall business transformation. SAP-A Boost to Dabur India A study conducted by Accenture states that high performance business invest in the state of art IT like ERP software are the most important in order to be able to leverage it for strategic cost management and effective collaborations with the customers. Dabur has linked its corporate headquarters, 12 manufacturing units and 30 distribution centers with SAP ERP system. They had a three phase ERP improvement model- Correcting the transactional and management information systems. Conducting change management and synchronizing its business processes with reliaties in an ERP context. Developing value realization project. The use of SAP ERP system was immense such that they even developed a web based demand planning and trade promotion forecasting tools and installed point of sale software at select retail outputs. This helped Dabur to integrate with the customers into its IT network and gather real time market information that would result in better sales. Dabur has been immensely successful in implementing strategic and operational changes which have led to much higher amount of performance. The shoot up of their annual sales was noteworthy. Their profits too increased by a considerable amount. It even developed a new sales force structure which has enhanced productivity. These initiatives are slowly allowing Dabur to leverage IT as a strategic asset and are ensuring a constant availability of IT talent regardless of business demands. It is to be noted that all of these efforts are aimed at achieving operational excellence and performance. SAP has helped Dabur in identifying opportunities based on consumer needs, tailoring product for that people and expanding with the segment, retaining its overall leadership position. Dabur India has tied up with Countrys leading IT provider Accenture, both these companies are designing an application outsourcing approach thus transforming application development and maintenance to help themselves to achieve performance. Conclusion By implementing a SAP ERP system, Dabur India has helped itself in retaining the position as a growing leader in the fast moving consumer goods section (FMCG). Its move to disable the baan and Mfg ERP was seen as a highly innovative move. This has also enabled them for better sales forecasting and improvement in their sales after the implementation of SAP raised several eye brows. The move to make this system available for all the employees starting from the top management to the bottom strata has what made Dabur distinguish itself from the other companies in the FMCG sector. With the implementation of MYSAP, Dabur has been able to make some very important strategic decisions and thus increasing its productivity. As mentioned above, implementation of ERP has helped Dabur to increase its productivity; it means that there is obvious, rise in profitability too as both is directly proportional. One may say that the ultimate strength of Dabur is they are keeping themselves with latest happenings across the IT field. They even plan to integrate distributors and stake holders using SAP. The most challenging part from Dabur would be link HR with SAP. They are planning to implement a SAP HR and pay roll pattern. All the above mentioned initiatives would enable Dabur grow even bigger as what it is now and become a global leader in the FMCG sector.
Sunday, January 19, 2020
Review sheet
Infrastructure such as roads and electricity Is only completed In some areas. What's a ââ¬Å"growth poleâ⬠? An urban center targeted for development of key economic and social infrastructure to promote regional economic development ( roads, electric grids, schools, markets, and medical facilities) Brazil Chapters 13 & 15 What are the historical, economic, and cultural factors which make Brazier's Atlantic coastal plain region different from the rest of modern-day Brazil? From where and why did Brazil move its capital to Brasilia in the sass? Strategic reasons: ROI De Jeanine is on the coastline and they wanted to move the capital inland n case of an Invasion. It Is much easier to defend a capital Inland because you have more time to prepare versus a capital that Is on the shore. ââ¬â to Develop the heart of Brazil. Until the construction of Brasilia, there wasn't anything there. The central region of Brazil was totally undeveloped as the population lived mostly along the co astline. They figure that if they moved the capital inland, people would move there and develop that area.They were proved right! Fact shaped the social & economic geography of the region? ââ¬Å"backwoodsâ⬠lots of drought, rolling hills, mountainous Be able to locate the areas of Brazil in which populations are either mostly European or African (in terms of origins) the majority European population is in the far south Brazier's recent foreign policy has been to promote a ââ¬Å"polytechnic worldâ⬠ââ¬â what does that mean? IA world n which one or two countries cannot dominate global affairs (as was the case during the Cold War). What is the nature of U.S-Brazil relations? Latin American Socio-Economic Development Chapter 16 What's the difference between Rosters ââ¬Å"Stages of Economic Developmentâ⬠and the Dependency Theory proposed by Latin American economists? Roosts: Says that they are poor because they are not fully integrated into the global economy. Depe ndency theory: Argues that countries are poor because of how they were integrated into the world economy. Are there any geographic patterns to development in Latin America? If so, what are they? What might be the explanations for these patterns?What's the difference (in terms of advantages & weaknesses) between the ââ¬Å"import- substitutionâ⬠model of economic development and the ââ¬Å"export-led growthâ⬠model? [also discussed in Chapter 18] Import-substitution: a country should attempt to develop as much of its industrial opacity as possible internally, without depending on foreign imports +: creates Jobs, protectionism -: protectionism leads to dynamic inefficiency; domestic producers have no incentive from foreign competitors to reduce costs or improve products; impedes growth through poor allocation of resources; effect on exchange rates harms exports.Export-led growth: a trade and economic policy aiming to speed up the industrialization process of a country by exp orting goods for which the nation has a comparative advantage -: less economic diversification; subsidies for specific industries runs a risk of encouraging the wrong industries What are ââ¬Å"the Washington Consensusâ⬠and ââ¬Å"structural adjustment plansâ⬠and how are they related? A set of free market economic ideas, supported by economists and international organizations, like the MIFF, the World Bank, the EX. and the US; advocates free trade, floating exchange rates, free markets and macroeconomic stability.What is meant by internal regional differentiation (in terms of development)? In particular country are greater than between countries; Mexico and Brazil The Pampas (& Southern Cone) Chapter 17 Where are the Pampas? (be able to locate) Why is Buenos Aries often referred to as the ââ¬Å"Paris of South Americaâ⬠? It's architecture is influenced by European architecture and rich European heritage In which ways is urban primacy evident in the Southern Cone (Ar gentina, Chile, Paraguay, Uruguay)?Argentina: Buenos Aries Chile: Santiago Paraguay: Asuncion Uruguay: Montevideo Which technological advancements changed the agricultural economy of the pampas and Argentina in general? What are the physical and human geography factors behind the robust wine industries in Chile and Argentina? Latin America and the Global Economy Chapter 18 What are some of the problems associated with dependency on a few primary commodity exports? How does Chile's physical geography & location provide it comparative advantage in the export of agricultural products?Many countries in South America are dependent on commodities and looking toward ââ¬Å"economic diversification. â⬠In which ways can ââ¬Å"diversificationâ⬠be understood? Numerous vs.. FETA What is going on here in the competition between these two visions of free trade in the Americas? What is the role of China in the Latin American economic boom of the sass? How does Latin America's growing middle class further integrate the region into the global economy? The Amazon Basin is what type of physical feature? Which 5 countries have significant land area in the basin?What are some reasons why there is global interest in protecting the Amazon rainforest's? What are the main drivers of deforestation in the Amazon Basin? What were some of the resource booms of the past which affected natural and human systems in the Amazon? What have been the primary objectives of Brazilian government projects in the Amazon region (e. G. March to the Westâ⬠, growth poles, road building)? Latin American Diaspora ââ¬â Chapter 20 What are terms used to describe the Latin American Diaspora in the U. S.? How have these terms caused confusion?Hispanic- most widely used in the eastern US states; Latino- most widely used in the West and Midwest of the US Chicane- a term used by Mexican political activists; lots of Aztec and messiest pride associated with this term Hispanic- used by the Spani sh speaking natives of the Upper ROI Grandee Valley in New Mexico and Colorado. Which areas in the U. S. Are home to large Latin American populations ââ¬â and why? Typically the southwestern US is home to large Mexican populations, Arizona, New Mexico, Texas, California, New York, Florida, Illinois have the largest Hispanic population stretching from Texas to California.They settled in the areas that once used to be a part of Mexico. Mexican workers and immigrants also reached the Midwest in small numbers. Areas with Jobs in agriculture, manufacturing, construction work To which other countries have Latin Americans tended to migrate ââ¬â and why? Spain, Italy ,UK, Germany, Portugal From Student Presentations Cooling Christian's presentation ââ¬â who were the Sandiness and why did the U. S oppose them? Sandiness: a social democratic political party in Nicaragua; the U.S opposed them because they were afraid that they were going to become a Cuban- style communist governmen t allied and Reagan wanted to prevent the spread of Eric Dodson presentation ââ¬â What were the San Andrea Accords and what did they promise and to whom? San Andrea Accords: Allowed indigenous people to have the right to self-determination of an autonomous government, full access to Justice, representation in politics, increased employment opportunities, and the promotion of culture and education. Mike Kennedy's presentation ââ¬â Why does the Quiches language struggle for status & domain even in countries such as Bolivia and Peru?The Quiches language has to compete with Spanish language which is seen as a vehicle for upward social mobility. Rural to urban migration has also caused many to stop speaking the language Low prestige of the language and stigma surrounding Quiches also prevents people from speaking the language The domain of the language has been reduced to rural Andean villages and the homes of native speakers, there are few places in public and urban settings whe re the language is spoken Alice Millard ââ¬â Why/How might the U. S. Trade embargo on Cuba been seen as a positive situation? It has forced Cuba to become self-reliant and invest in their own healthcare and pharmaceutical industries since it was not allowed to but American medical equipment or use American drug patents. ââ¬â It also opened up more markets for Cuba to sell its cash crops to since American refused to import their goods. Ron Trumann ââ¬â What is the Panatela and why is it important? One of the most immense and biologically rich environments on the planet Wetlands provide countless economic, ecological, cultural, recreational and aesthetic valuesConcentrated and diverse flora and fauna Cumulative (from Exams 1 & 2) Why is Latin America considered a region? Which countries in Middle & South America are often excluded from the region and why? To what do the terms messiest and mulatto refer? Where were the two main Meridian cultural hearths? What is a cultural hearth? How did the Incas (as well as modern-day Andean peoples) utilize latitudinal conation in food production? What were/are the impacts of the Columbian Exchange? What basic patterns (physical and social) did the Law of the Indies establish in terms f city planning in colonial Spanish America?What was the one fundamental difference between western Europeans and indigenous Americans in their understandings of land and its value? In which ways are haciendas and plantations distinct forms of latitudinal? What are masqueraders and what explains their geographical distribution? masqueraders are manufacturing plants that are typically located near the US-Mexico border. Their close proximity to the border helps reduce transportation cost to send the finished products to the US, which is their biggest consumer. What tectonic process has/is creating the Andes?What cultural and economic role does coca have in the Andean region, especially Bolivia? Why did population projections for Latin America made in the sass end up incorrect? They didn't take into account the changes in healthcare and the economy. Birth control was introduced to the population which helped to reduce births and population. What makes an Meridian a ââ¬Å"decentâ⬠or ââ¬Å"reasonableâ⬠person (gent decent or gent De razzà ¶n) in the minds of many Latin Americans? The economies of Central American countries traditionally have been dependent on â⬠¦? What is CAFTAN and how has it changed Central American economies?
Saturday, January 11, 2020
Importance of Risk Management
MGD426 Risk Management Overview A risk is, consequently, a hazard that can derail an organization from accomplishing a business process, project, or any activity that is vital to a companyââ¬â¢s sustenance. There are different classifications of risks: financial, operational, infrastructure, human capital, and marketing risks. These risks embody subcategories of risks that can negatively affect the company. Leverage, receivables, and investments are risks can hinder the financial situations of a company. The decline of profits, increased losses, and negative impact on business processes are some of the costs in the failure to control risks.Similarly, operational risk includes many losses that are associated with ââ¬Å"internal processes, people and systems or from external eventsâ⬠(The Basel Committee, 2004). By continually improving operations, firms are better able to gain competitive advantage. Operational risks occur from the execution of a companyââ¬â¢s business pro cess. Although it is a relatively vague concept, it can be summed into a three-fold focus: processes, people, and systems. Internal fraud can be categorized into unauthorized activity, as well as theft and fraud; where as external fraud can be categorized with systems security, and theft and fraud.Importance of Assessment and Management In order for an organization to achieve certain objectives, coming across risks is almost inevitable. Organizations that are aware of such calamities are, more often than not, enabled to actively manage hazards and encompass potential opportunities for competitive advantage. This precisely means that contingency planning is important as uncontrollable risks (i. e. environmental factors) can occur at any time. While an organization cannot stop these hazards from occurring, they can mitigate the negative effects.By mitigating these risks with necessary responses, the company can aim their resources at improving or continuing their business processes. T herefore, the emphasis is, principally, on identifying and managing these hazards. Sustainable value is essential to the company and its activities; minimized uncertainty of goal achievement as well as maximized possibility of success. Competing in a dynamic environment leaves gap for uncertainty of the future. Briefly touched upon previously, this enables certain risks to not be accounted for.Risk management, as aforementioned, is a discipline that needs to be implemented by all companies. It is becoming increasingly important because of the dynamics of the environments in which an organization runs (technological, political, social, etc. ). For example, the effects of natural disasters can be mitigated but not stopped. Terrorism is a risk that cannot be calculated and accounted for prior to. All these questions and inquiries relay back to the umbrella question; why is risk management and/or risk assessment important to an organization?Risk assessment is a portion of Risk Managemen t; it is a formulated procedure for making sure that firms are not exposed to deplorable hazards. Taking into context the previously mentioned information, it is not of much use if the scale of the risk is not measured. Once measured, the organization would rally against how likely it is and what the organization can/should/will do to mitigate its effects. Contingency planning, as mentioned, is a risk management technique that comes about based on the assessment of the risk.Building on risk assessment, a risk that is not managed correctly will cause the firm to be affected negatively. These negative effects can be financial, operational, infrastructural, related to human capital or market: classifications of risk. Moreover, risk management is only effective if the assessment is done correctly. Both go hand in hand; the magnitude of the risk determines the management procedures. Reducing the risk of accidents to the company can allow the company to better relocate its resources towar ds its operational needs rather than additional risk management or risk recovery.Risk Response The response to a risk is done by the concept of the 4 Tââ¬â¢s (terminate, tolerate, treat, and transfer). By terminating risks, you are, inherently, doing things in a different manner and, thus, removing the risk. Tolerate means that nothing can be done a reasonable cost to mitigate the risk or the likelihood and impact are at a reasonable level. Moreover, treating risks is taking certain actions to control a risk by, either, mitigating the likelihood of it emerging or limiting the effect it will have on the business process/project.Lastly, transfer of risks is primarily the underlying principle behind insurance transactions. Specifically, a risk, outline in the insurance or contract, can be passed from a party who does not want the risk to another party who will take it (either for free or a premium ââ¬â insurance). Financial Risk Management Financial risk management is, primarily , concerned with the economic value of an organization and the effects to it. The management aspect deals with the exposure to risk, and the response to it.Two primary risks involved in financial sectors of firms are credit risks and market risks (while others include Forex (foreign exchange), volatility, liquidity, inflation, etc. ). Since financial risk is a factor in all organizations, it is important to respond to any volatility that may occur ââ¬â as it would affect the firm negatively. These risks primarily mean that a firm who is unable to appropriately manage their financial operations will be subjugated by losses. As stated previously, credit risk, which is the inability for a business partner to compensate for a loan or satisfy other monetary contract, will, obviously, damage the company.This is apparent since the company will be at a loss since the firm who adheres to a loan contract is not able to pay back the moneys. Risk assessment for this particular risk includes a ââ¬Å"risk and control self-assessmentâ⬠(RCSA). This is a set of directives, which help avoid any financial detriment because of fraud, carelessness, and/or technological malfunction. As with any other risk assessment technique, classification of whether it is low, medium, or high level risk is determined based on the estimated loss.This type of risk assessment falls under the ââ¬Ëtreatââ¬â¢ classification of risk response as a certain action is implemented in order to control/mitigate the risk. As stated, in this brief example, the importance of risk assessment and management is vital to an organization. Works Cited ââ¬Å"Briefing Paper H: Risk Management. â⬠Governance and Social Development Resource Centre. N. p. , n. d. Web. . ââ¬Å"Corporate Governance Risk Management Policy. â⬠Isle of Man Government. N. p. , n. d. Web.
Friday, January 3, 2020
Planning For An Emergency Operation Plan - 1245 Words
Planning is a way of preparing for an event that will happen in the future. Some plans are relatively straightforward, and others are complex and can take months to finalize. Plans are a means to achieve the desired result. Once the result is identified, you work backward to determine what steps will be necessary to achieve the result or goal. This process also applies to disaster preparedness planning. To better understand what the goals or end results should be for an emergency operation plan (EOP), it is necessary to study and analyze post incident reports from recent events. There will always be lessons to learn from every incident regardless of size or complexity. The military recognized this fact and established a means of sharing post information incident with what has become to be known as an After Action Review (AAR). This review addresses what, why, and how events occurred. Originally, AARs were an informal debrief that compares the intended outcome versus the actual result of an event. The primary focus of the AAR is for the participants to examine their actions and learn from what went right and wrong during an event, which will facilitate to better decision making in future events. Since their inception, AARs have advanced and are found in formal and informal settings. Many post disasters documentation include some form of an AAR to document the lessons learned from the incident. From these lessons learned, planners should review previous disaster events,Show MoreRelatedThe New Factory York ( Nfy ) Security Department Essay906 Words à |à 4 Pagesdepartment must ensure operations continue during any emergency, with minimal disruption to essential functions. The Harley-Davidson Emergency Preparedness Plan (EPP) provides direction and guidance to ensure the NFY facility has the ability to conduct essential function under all threats and conditions. 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