User talk:Jentleyxoxo

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HW1 Supply Chain Management
According to Accounting Information Systems by Ulric J. Gelinas,Richard B. Dull, Supply chain management is the combination of processes and procedures used to ensure the delivery of goods and sevices to customers at the lowest cost while providing the highest value to customers.

Supply Chain Management deals with financial and accounting information that associated with turning raw materials into goods for customers which is not just like “you buy stuff and sell it” as a middle man. Supply chain management also has to deal with other stuff too, such as where to buy raw materials that are cheap and still get good quality out of them. It has to deal with something that just not the finished products, but its processes too with all of these goods that product and service packages required by ultimate customers. It means that SCM emphasizes on the starting point which is inventory to the delivery of goods and services. It is coordinated with financial and accounting information because any transactions that affect accounting equation have to be recorded. When SCM data is critical to the business survival why not reported to the external users as the objective of financial and accounting information

The advantages of using this module is: - Allowing executives of a company to make decisions on things that produce in the company and its processes for the lower costs to the customers and higher profits to the company in the end (less expenses) - Higher availability of the product while reducing inventory across supply chain - Higher availibility leading to lower back order costs - Helping plan and execute the steps in an organization's supply chain - Holding potential to improve a firm's effectiveness and efficiency

Events Identification
Risks can be classified into two aspects 1. Opportunities Low cost - Huge amount of market demand or potential customers throughout Bangkok. - It has its own truck which means it can save the rent expenses of truck in order to be able to deliver. - Hires less employee that contributes to an effective and efficient system in the organization because each employee is responsible for several tasks. For example, driver is responsible for delivery and collecting payment as well. 2. Threats Low investment - Collecting orders on paper instead of using high-ended technology, such as portable maching that enable driver to collect orders and directly send them to main office in order to reduce hunam errors. Safety - Because driver who has to transfer fish, also has to collect payment by himself, therefore it is too risky for him and the organization to let him carry the huge amount of money.