IT Strategy
Bike Sales and Service
List 3 strategic goals for Ted's business and provide an explanation of each.
Reduce Overhead -- lower his expenses
Make better use out of part-time employee scheduling
Match supply and demand in the various locations
Identify 5 specific types or categories of information that Ted needs to run his business and explain why they are important to him.
Sales data -- he needs to know specifically what drives his revenue
Employee costs -- he also needs to understand how to optimize his workforce
Customer data -- he needs accurate information about his target market
Seasonal data -- he needs better information about how the seasonal aspect of his business affects him
Capacity Planning -- he needs better estimates in understanding the sales and services he needs to offer at each location as well as better inventory management.
Identify and explain three business processes that Ted likely uses in his business and explain how a technology solution could help each one of them.
Inventory management -- technology could let him know where is inventory is held at all times
Human resources management -- he could keep some better records with technology that manages employee productivity.
Sales management -- he could use a CRM software solution to take the place of most of his marketing...
Ted has a website with information about his stores. Identify and explain two additional ways Ted could use the internet in his business. Tie each use to a specific e-commerce business model and explain how that model applies.
Make reservations for rentals
Purchase bikes or accessories or even repair services
5. Explain to Ted what a supply chain management (SCM) system could do for his business and how it might improve his operations. Be sure to cover the full range of SCM functionality as it applies to Old Dominion Trail Bikes.
Supply chain management would help organize his vendors. He has vendors that supply various parts of bicycles that he uses for repairs, probably some that supply accessories and some that sell finished products. By using supply chain management he could get products to potential customers quickly and make more sales.
6. How could Ted combine the information he gets from in-store customers with those who purchase via the website into a single Customer Relationship Management (CRM) system and what three benefits would he gain from doing so?
He could link the in store systems with the central database. This would allow him to have a single database with all his customer information. This would let him have accurate records about his customers history from any location which would include bike sales, service history, and maybe even…
