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Eight-Domain Environment of Bunnings Warehouse Company

   

Added on  2022-10-19

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Executive summary
Bunnings Warehouse is a company that provides home improvement products to
their customer with their lowest prices policy. This report will provide details about
the eight-domain environment of Bunnings Warehouse Company. It will also
explain about the opportunities and threats for the company from different things,
such as buying the power of customers. Enterprise System is used to manage all
the business functions of the company.
This report will conclude with a major point about the different environment of the
company and recommendations for the company to enhance the business using an
enterprise system.

Table of Contents
Executive summary.................................................................................................... 1
Introduction................................................................................................................ 2
Issues in the legacy system........................................................................................ 2
Benefits for the company........................................................................................... 3
Growth performance............................................................................................... 4
Beat the opposition................................................................................................. 4
Higher Forecasting.................................................................................................. 5
Integrated information............................................................................................ 5
Streamline processes.............................................................................................. 5
Greater customer support....................................................................................... 6
Regulatory Compliance........................................................................................... 6
Opportunities and threats.......................................................................................... 6
Interpretation and Discussion..................................................................................6
Main Opportunities.................................................................................................. 6
Main Threats........................................................................................................... 7
Nature of the enterprise system................................................................................. 8
Difficulties in the adoption of enterprise systems......................................................9
The implementation process of the enterprise system............................................10
Conclusion................................................................................................................ 11
References............................................................................................................... 13

Introduction
Enterprise system (ES) is helpful to manage different business functions of an
organization. It depends on the organization that how all the information is secure.
It is basic issues in front of most of the organizations to manage their business
processes through enterprise systems.
An Enterprise Resource Planning (ERP) system has different difficulties in the
implementation of an organization. There are different reasons behind the failure of
an ERP system, such as lack of change management, lack of communication, and
less role of management (Al-Mashari & Al-Mudimigh, 2003).
Data analytics is necessary to make decisions for the future by top management.
There are many difficulties to secure their resources and business processes on the
company. This report will explain about the enterprise system and its
implementation processes. It will describe difficulties in enterprise system
implementation and its benefits to the company.
BW is having their business in Australia and New Zealand. Therefore, it is affected
by the unpredictability of price in different countries. The international market is
based on exchange rates as well. It is a way to manage the exchange rate and take
high growth from the same products (Ballantyne, 2018). Business is affecting from
an interest rate of the domain country and it is making a huge difference in earning
of the organization. Every country is having its tax policies. Therefore, the company
should consider the tax incentives of the government of the selected country to
enhance the business and production (www.bunningscareers.com.au, 2019).
This report is based on the different stages of enterprise systems implementation.
There are many vendors in the market, which provides an enterprise system to
handle all the resource. However, it depends on the enterprise to adopt appropriate
enterprise systems for their company.

Issues in the legacy system
There are many reasons to adopt ERP systems to remove different types of issues
of legacy systems. Legacy systems are making whole performance down of the
company.
There are many things to manage the work and it is a necessary thing that all the
team members should have some missions to achieve the company vision. There is
eight-domain environment framework, which is used for the analysis of the
company from different aspects. Investors are highly interested in the Burnings
Warehouse because of the good image in the market ( Foster, 2019).
Source: (skywardtechno.com, 2018)
A most popular reason for adopting ES is a legacy system or old ERP systems. In the
present era, most of the companies are going for cloud ERP, which provides better
results. Therefore, it is an impotent factor to manage all the issues in an
organization.
Benefits for the company
In the international market, there are many mandatory benefits for employees.
Therefore, it is necessary to follow them in a proper way. Although it works for
sustainable development for free and fair-trade (360strategy.co.il, 2011).

Source: (Brook, 2018)
Source: (ipixtechnologies.com, 2018)
Bunnings Warehouse is having many competitors in Australia and New Zealand. In
addition, it is a basic thing to have competitors in the same field. Housing is an
industry, which can provide many benefits in high scale. It is a basic need to reduce
competition in the market. The organization is applying different marketing
strategies to reduce competition in the market ( Mitchell, 2015). Bunnings
Warehouse is adopting new technologies and innovations to take competitive

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