Using A Business Of Your Choice As An Example, Describing The

Using A Business Of Your Choice As An Example, Describing The Using A Business Of Your Choice As An Example, Describing The Components Of An Information System â€" Assignment Example > Institute Table of ContentsNumber range 1-31- Executive Summery In organizations like that the retail industry where minimization of the cost is crucial, enhanced communication approaches through more proficient communication technologies as well as information systems are very important in eventually enhancing responsiveness to consumers and maximizing customer value. This report presents a detailed analysis of the information system technology components at Woolworth’s business. Here I will outline some important aspects regarding the IS technology components such as hardware, software, databases, internal data communication / networking, external data communication / networking, managerial consideration, security consideration and ethical consideration. 2- Introduction The Australian supermarket business is in its highly grown stage of life cycle with high rivalry along with the two main players in this marketplace; Coles and Woolworths. The business of the Woolworths was sta rted in 1924 and presently established as a main marketplace leader by having over 40% of marketplace share. As viewing porter’s five forces model, the general business attractiveness is able to be considered low in conditions of fresh entrants as well as established corporation. Additionally, transformations in business technology, regulations and customer demographics have been the foremost moving forces in the business influencing competitiveness of corporation. In addition, the low cost arrangement, store locations, technology and client service have been important for the accomplishment of corporate in this business. Woolworths as an Australian supermarket business leader has been the main strength of new information technology based working and operational stature that is facilitating Woolworths to attain its basic economies of scale. However a main threat facing the corporation is the rising presence of global competitors in the marketplace. Additionally, low cost arrange ment and brand equity can be observed as fundamental competencies of Woolworths Business. Also Woolworths has paid a heavy attention on the supply chain management intended for the well-organized management of its value chain and its low cost arrangement and brand equity have helped a lot in establishing sustainability of the business. In case of establishment of the new technology (IS) based structure at the business of the Woolworths has presented a lot of business advantages (Woodhead, 2008) (Woolworths-1, 2010). In this scenario the business of Woolworths has attained a better competitive edge through web based supply chain and overall business IS and reporting systems. This report will present a detailed overview of the Woolworths business’s information technology components. 3- Woolworths Information Technology SystemsSince the establishment of Woolworths the corporate has attained a lot of business achievements these can be attaining a high peak position in the market and establishment of more effective information technology arrangement. Woolworths, is continuously improving its overall business information technology systems. Woolworths's senior company manager, Ian McDonald, has stated that business data integrity is important to the achievement of the EANnet based supply-chain program for business. He highlighted that Woolworths has dedicated to start channels of communication with its customers and suppliers using a range of channels. Additionally, the customers and suppliers of business have to be aware about the correct business information that is very important to the feasibility of Woolworths' new business inventory management systems (Woolworths-1, 2010). Woolworth’s two main corporate strategies have been unrelated diversification and tactical acquisitions and focuses on corporate cost leadership as well as discrimination in terms of customers in store experience like its business level policy. Woolworths cannot able to attain these objectives without an appropriate business technology. The new ecommerce supported information technology arrangement of the Woolworths has offered the business a more enhanced facility to make the business more capable to attain these objectives in the long run (Woodhead, 2008) (Woolworths-1, 2010).