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Digital Transformation in Rental Business Process

   

Added on  2022-12-15

15 Pages5004 Words267 Views
Data lab: generation,
analysis, iteration

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK 1............................................................................................................................................3
1.1 Discuss the selected business process in a process map or a flow chart, to identify its main
activities and the sequence of them........................................................................................3
1.2 Discuss main decision making being made in this process and discuss the required inputs
and outputs of each decision...................................................................................................5
1.3 Discuss how the some parts of rental process can be digitalized and the benefits of digital
transformation in company.....................................................................................................6
TASK 2............................................................................................................................................7
2.1 Discuss the importance of information management systems in running the rental business
process and explain the main purpose and function of them..................................................7
2.2 Discuss what databases are required to be stored to support information systems..........8
2.3 Explain the role of big data for rental process and information systems and the
applications of big data analytics tools in rental business process.........................................9
TASK 3..........................................................................................................................................10
3.1 Explain the opportunities for intelligent tools and systems to be employed for your
selected business processes..................................................................................................10
3.2 Discuss how the suggested intelligence tools can support business, its competitiveness, its
consumers or its stakeholders...............................................................................................11
3.3 Discuss and reflect on the implications of intelligence tools to a wider areas or aspect of
the business like security issues and employment/unemployment of the business..............12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................14

INTRODUCTION
Business Analytics is the cognitive process by which business organization utilise
statistical data and technologies for analysing the data in order to identify new insight and amend
improved strategic decision-making (Runkler, 2020). The execution of data analytics in an
business organization helps in increasing efficiency in collecting and assembly information and
developing an actionable strategy for present or new opportunities. The report is on the business
process and data of the “Northgate Vehicle Hire”, a largest commercial vehicle rental provider
based in Darlington, Country Durham, England, UK. The company owns approx 100,000
vehicles in the UK. The company vision is to be the leading supplier of mobility solutions and
automotive services globally. The report describe the flowchart of rental process of Northgate
Plc. With decision in between the process and the transformation of activities of business process
into digitalization. The report also outlines the two basic information system, various databases
and applications of big data analytics. Moreover the intelligence tools with their opportunities in
organisation and their implication on cyber security and employment/ unemployment of the
organisation are stated in the report.
MAIN BODY
TASK 1
1.1 Discuss the selected business process in a process map or a flow chart, to identify its main
activities and the sequence of them
Business process is the integration of the various activities that are conducted by the
stakeholders, employees and other people of the organisation to attain the particular objective
attached to that process and to satisfy the consumers with accurate process. (Sigler, Morrison and
Moriarity, 2020). The Northgate Vehicle Hire is having specific rental process in its business
process that includes various segments for the organisation to deliver the rented car to the
consumer at right place and right time.

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