country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Wesfarmers Company Strategic Information System Samples For Students

tag 0 Download8 Pages 1,814 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

 1.What is the Most likely System Acquisition Method Commercial Software Custom Software or ERP?
 
 2.Development and Adoption of the Accounting Software Packages ?
 
 

Answer :

Introducation

The Wesfarmers Limited was started by the Australian farmers and settlers to take care of the need of the farmers and merchandising business operations in the year 1914. Its headquarters are located in Australia and New Zealand. The company’s operations revolve around protection of agricultural chemical, fertilizers and products (13). Also, it is in charge of protecting the coal mining sector and the agricultural industrial sector in the country. To be specific, the company focuses on products like wool, livestock, grains, fruit producers, wheat farmers to name just but a few. Being one of the top most listed companies in Australia, Wesfarmers cooperative operations covers a diversified business areas, e.g. supermarkets, business stores, convenience stores, departmental stores, industries, office supplies, hotels and liquor stores among others (11). For this reason, the company has been growing and developing since its establishment. Therefore, for the sake of my assignment, this is the business of my choice.

Literature Review

Strategic information systems are the systems every business uses to achieve its initiatives and objectives especially regarding competitive advantage. Therefore, every business needs these systems because they are the guide towards business success.

Wesfarmers Organizational Structure

Wesfarmers is a business limited by shares and currently its shareholder base is approximately 530, 000 shareholders. In addition to that, the company is also listed in the Australian Securities Exchange which has helped diverse its operations over a wider range of areas. Its organizational structure was changed in 2015 by grouping some of its business industries under one division; i.e. chemicals, energy and fertilizers, industries and product safety and resources departments (14). Other changes were changes were made in 2016 whereby the business’s two main stores were put under one department store division. Currently, the changes have brought a lot of positive impacts to the business operations especially smoothening its growth and development path.

Just as mentioned earlier, the company is one of the top most rated business in Australia. Since its establishment, its business operations have been growing and developing in different ways as well as dealing with various specific products or activities. With the fact that the business also deals with home improvements, it has recently acquired the Home Retail Group which has caused an increase in the number of employees by 15, 000. This certainly causes an expansion in the business operations, size and structure.

 

Operational Problems

Any change in an organization’s structure causes some benefits as well as problems to the business operations in general. Therefore, in the case of Wesfarmers, the following problems can arise:

The company may face difficulties when controlling and managing the large number of the employees. A business with a very wide base of employees and same previous management team may face hard times to manage the employees which can lead to business failure.

Also, the business may face frequent financial challenges by changing the organizational structure. Apparently, there is always a cost incurred during the acquiring of the new business and budgeting for the new employee’s payments.

Also some problems may arise in the business especially with the new employees as they try to adopt to the new business structure (9). Additionally, the current employees and management may face some challenges in adapting to the new structure as well. This will certainly affect the business operations and hence it success.

System Acquisition Method

The most likely acquisition methods for Wesfarmers Cooperative is the ERP system. The purpose this system will be to integrating the business management and control of the main business processes and operations to achieve the business objectives and goals (7). This system will be able to help Wesfarmers manage its different departments and businesses effectively and efficiently. For instance, the procurement sectors, human resources department, inventory management, supply chain management among others.

 

System Sales Flowchart

System’s Control Problems

Every system control has some problems that accompany it after it is implemented (3). Some of the problems that may come in handy with the Wesfarmers system control flow chart include

Decision making delays

The stage of decision making in every organization always has many issues and aspects to be taken under consideration. For instance, the employees have to be notified and given time to discuss and give their opinions, the managers must take time to consider other alternative ways of achieving the required results among other things. Therefore, it is possible that the delays of this stage can cause adverse effects to the business’s operations.

Lack of clear communication process

This is a problem that is caused by poor and outdated information systems. For a system control to be completely operational, functional and effective in its purpose, the communication process should therefore be clear, simple and easy to understand. This will enable the management team and the employees to work together towards the same objective.

Choice of the Wrong Process

When a business chooses the wrong kind of process to run its operations and produce its services or products, it may result to business failure. Every business must ensure that its operation processes are effective and efficient for the end result expected by the management or consumers. In that case, the business will be increasing its chances of success and objective achievement.

 

Development and Adoption of Accounting Software Packages

Wesfarmers being one of the most developed and top rated companies, retailers and employers in the whole of Australia. The companies has certainly been using modern and updated accounting soft wares, policies and principles to run and manage its operations. This is especially for the case of the financial, supply chain, employee management, budgeting issues, investment aspects among other things. The company has been managing and controlling all of these sectors by use of developed accounting software. This has certainly been of great help to the business because they are able to perform its operations at the set budgets and without financial crisis or pressure which is often one of the main issues with large companies. This has also led to immense growth and development of the whole business operations around its offices and business regions.

Wesfarmers Current Market Size

The company has a very large market share around Australia. It has set its operations in different main towns like Australia, New Zealand, United Kingdom and Ireland. Also, it is in charge of a large number of businesses like in supermarkets, coal mining businesses, chemical, energy and fertilizers businesses, industrial and product safety businesses, raw material producers, home improvement businesses and department stores among others. It is one of the largest retailer companies in the whole of Australia with a very large number of employees and shareholders (11). This clearly shows how the business has progressed since its establishment, grown and developed with time. This shows how large its market share and segment.

Market Leaders and their competitive advantage

Wesfarmers is rated as the top most company in Australia according to the revenue it makes. However, there is very stiff competition in the Australian business market. Wesfarmers faces a lot of competition from Woolworths Company, BHP Billiton, Commonwealth Bank, Caltex, Rio Tinto to name just but a few companies. Apparently all of these companies are effective in their operations and other business activities. They have a competitive advantage over Wesfarmers because of their market share, collaborative aspects with other related businesses among other things (13). For instance the services that are offered by the Commonwealth Bank are highly rated than those offered by Wesfarmers Cooperative. Therefore, this is one factor that sometimes gives it an advantage over Wesfarmers.

Challenges Faced by Wesfarmers Accounting Software Users

The users may not have the knowledge to operate the systems. Apparently, every accounting system needs expertise, skill and experience which is not common to all users (5). This may pose as a challenge for the users and therefore making them shy away from accessing the systems.

Also, the systems may not be fast enough for the customers to invest their time in. If a business has very slow and outdated systems for the customers, there may be time wastage which leaves the customers with no choice but give up.

In addition to that, systems that are few in numbers may cause a challenge for the users. Very few systems e.g. computers will also lead to customer’s time wastage which may make them give up the desire to access the system.

 

Recommendations to the Users

Every business should ensure that its users have the skills, knowledge and experience required for them to use its systems. For the case of Wesfarmers, it can consider conducting trainings, conferences and meeting to teach the farmers on how to deal with the systems.

Business should make sure that the systems are ready, available and enough in number so that every user can be able to access them. For instance Wesfarmers should make sure that every business entity and producer has enough systems e.g. computes and other machines that help the system run.

The systems of every business should be fast enough in speed to accommodate every users’ issues. Wesfarmers should update its systems and software frequently to make sure that it is of the best status in terms of speed.

 

References

Galliers, Robert D., and Dorothy E. Leidner.Strategic information management: challenges and strategies in managing information systems. Routledge, 2014.
  1. Rothaermel, Frank T.Strategic management. New York, NY: McGraw-Hill, 2015.
  2. Baskerville, Richard L., and A. Trevor Wood-Harper. "A critical perspective on action research as a method for information systems research." InEnacting Research Methods in Information Systems: Volume 2, pp. 169-190. Springer International Publishing, 2016.
  3. Willcocks, Leslie.Information management: the evaluation of information systems investments. Springer, 2013.
  4. Petter, Stacie, William DeLone, and Ephraim R. McLean. "Information systems success: The quest for the independent variables."Journal of Management Information Systems 29, no. 4 (2013): 7-62.
  5. Baskerville, Richard L., and A. Trevor Wood-Harper. "A critical perspective on action research as a method for information systems research." InEnacting Research Methods in Information Systems: Volume 2, pp. 169-190. Springer International Publishing, 2016.
  6. Chang, James F.Business process management systems: strategy and implementation. CRC Press, 2016.
  7. Khanam, Suby, Jamshed Siddiqui, and Faisal Talib. "Role of information technology in total quality management: a literature review." (2016).
  8. Abbasi, Ahmed, Suprateek Sarker, and Roger HL Chiang. "Big data research in information systems: Toward an inclusive research agenda."Journal of the Association for Information Systems 17, no. 2 (2016): 3.
  9. Turner, Rodney.Gower handbook of project management. Routledge, 2016.
  10. Cheong, Elizabeth. "The Agricultural Co-operative Business Structure in Context: A Western Australian Study." (2006).
  11. Papadopoulos, T., Angappa Gunasekaran, R. Dubey, S. Fosso Wamba, and S. J. Childe. "World Class Sustainable Supply Chain Management: critical review and further research directions." (2017).
  12. Wesfarmers Annual Report 2013"(PDF). Retrieved 26 September 2013.
  13. "Wesfarmers organizational restructure and senior management changes". Retrieved 11 August 2015.
OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Wesfarmers Company Strategic Information System Samples For Students. Retrieved from https://myassignmenthelp.com/free-samples/wesfarmers-company-strategic-information-system-samples-for-students.

"Wesfarmers Company Strategic Information System Samples For Students." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/wesfarmers-company-strategic-information-system-samples-for-students.

My Assignment Help (2018) Wesfarmers Company Strategic Information System Samples For Students [Online]. Available from: https://myassignmenthelp.com/free-samples/wesfarmers-company-strategic-information-system-samples-for-students
[Accessed 30 March 2020].

My Assignment Help. 'Wesfarmers Company Strategic Information System Samples For Students' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/wesfarmers-company-strategic-information-system-samples-for-students> accessed 30 March 2020.

My Assignment Help. Wesfarmers Company Strategic Information System Samples For Students [Internet]. My Assignment Help. 2018 [cited 30 March 2020]. Available from: https://myassignmenthelp.com/free-samples/wesfarmers-company-strategic-information-system-samples-for-students.


We have an adept team of assignment help tutors, who brainstorm incessantly and work round the clock to provide works that speak quality according to the best paper rater. Having the maximum referencing resources at their disposal, these assignment help provides quality insights and facts in your essays and dissertations. Dissertation samples, examples and works from our experts truly carry the hallmark of premium quality.

Latest Management Samples

UNCC300 Justice And Change In A Global World 2

Download : 0 | Pages : 7

Answer: Introduction Sexual harassment takes account of behaviours from glances and inappropriate comments, jokes majorly based on gender stereotypes to sexual assault and other acts of physical violence. The addition to the principle of human dignity in Catholic social teaching has been the notion of unity and solidarity. Moreover, the assurance of personal dignity positions on protections ensured by the society. According to Triana et al. (...

Read More arrow

MGMT2998 Business Strategy For Xiaomi, Apple Brands

Download : 0 | Pages : 2
  • Course Code: MGMT2998
  • University: Bow Valley College
  • Country: Canada

Answer: The Post The Fitbit is an accessory health device which is quite popular with respect to the fact that, health and fitness has become a premium industry. The Fitbit business started back in 2009 and gained utmost popularity in those days. The business model of the firm aims to provide a differentiated product to the different customers with various health data in return which can be useful in measuring the overall health and fitness a...

Read More arrow

MBA404 Consumer Behavior For Emotions, Wishes And Values

Download : 0 | Pages : 11

Answer: The selected product overview  L’Or`eal S.A is a France based personal care company the headquarter of which is located in Clichy, Hauts –de –Seine.  The company was founded by Eugene Schueller in the year 1909. The CEO of the company is Jean –Paul Agon and by the year 2017, the company has gathered revenues up to 4. 676 billion Euros.  It has been considered as one of the largest brands in the c...

Read More arrow

MAN302 Corporate Level Strategy And Framework

Download : 0 | Pages : 3

Answer: Introduction: Price water house coopers is a professional services provider, which is a multinational company networked with firms in more than 158 nations. The services provided by the company include capital markets, audit and assurance, financial counseling, financial solutions, improved decision making, and many more services to private and public clients (pwc, 2019). Diversification strategy  There are various types o...

Read More arrow Tags: Australia New South Wales Management University of New South Wales 

HC1021 Interpersonal And E-Communication Strategies

Download : 0 | Pages : 12

Answer: Introduction Communication can be defined as the exchange of information that takes place between a sender and a receiver (Habermas, 2015). With the emergence of technology, the process of sharing information has shifted from face- to- face interaction or paper work to the use of electronic media. Communication that takes place with the help of electronic media is known as electronic communication or e- communication. The term communi...

Read More arrow Tags: Australia Mortdale Management University of New South Wales 
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,236,324

Orders

4.9/5

Overall Rating

5,066

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

285 Order Completed

99% Response Time

Eugene Baranowski

MBA in Supply Chain

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

1309 Order Completed

100% Response Time

Gemmie Chen

MSc in Nursing

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1692 Order Completed

98% Response Time

Alfred Dodd

PhD in Computer and Information Science with specialization in Database

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

610 Order Completed

100% Response Time

Cheryl Zhao

PhD in Statistics

Singapore, Singapore

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

thank you guys i have not got grade but look vey good. you always doing good job. thank you again and again

flag

User Id: 380549 - 30 Mar 2020

Australia

student rating student rating student rating student rating student rating

Amazing work done by the expert. Would love to give more work to this team. Attention to detail

flag

User Id: 127429 - 30 Mar 2020

Australia

student rating student rating student rating student rating student rating

It was awesome and got desire score..I am very happy to work with them and I will work with them.

flag

User Id: 349582 - 30 Mar 2020

Australia

student rating student rating student rating student rating student rating

I\'m okay with the work. Took time to answer my concerns and feedbacks. Delivered within the required timeframe

flag

User Id: 382318 - 30 Mar 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?