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Managing Rise System : 7- eleven Inc

   

Added on  2022-08-25

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Running head: MANAGING RISE SYSTEM
Managing RISE System
(7 Eleven)
Name of the student:
Name of the university:
Author Note
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Executive summary
The following report makes an investigation for supply chain management at 7-Eleven Inc. It is a
Japanese-American international chain of various convenience stores. It headquarters lies in Dallas,
Texas. Further, the chain is been founded during 1927 in the form of ice house storefront at Dallas.
Besides, it licenses, franchises and operates at 68,236 stores at 17 nations as per the report of June
2019. Here, an evaluation of the organizational context and future internal and external scenarios are
performed. Furthermore, the issues and scopes of the information technology and information
system is determined. Justifications are delivered for opting the supply chain management at 7-
Eleven. Besides, the system analysis and design with the analysis of development of testing and
deployment are demonstrated. Apart from that, different activities of post implementation, change,
risk and project managements are discussed regarding the present case study.
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Table of Contents
Introduction:..........................................................................................................................................3
Understanding organizational context:..................................................................................................4
Discussion of external and internal environments:................................................................................5
Porter’ Five Forces Model:................................................................................................................5
External analysis:...........................................................................................................................5
Internal analysis:............................................................................................................................6
SWOT Model:...................................................................................................................................6
Discussion of the present day market trend and various international best practices regarding
strategic uses of IS/IT:...........................................................................................................................7
Identification of the Problem and Opportunity for IS/IT:.....................................................................8
Justification of the Choosing RISE System:..........................................................................................9
Understanding RISE system for 7-Eleven: System Analysis and System Design:.............................11
Understanding RISE system for 7-Eleven: Development, Testing and Implementation:...................12
Post implementation activities:............................................................................................................14
Project Management, Change Management, and Risk Management:.................................................15
Conclusion:..........................................................................................................................................16
References:..........................................................................................................................................18
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Introduction:
The management information systems widely indicates to the computer-based system. This
provides the managers tools for organizing, evaluating and effectively control departments for any
company. For this, the supply chain management deals the managing the flow of services and goods.
It involves every processes transforming raw materials to final products. Further, there is the active
streamlining of the supply-side activities of the business. This is for the maximize customer value
and achieve competitive benefit. The SCM attempts to control or connect the shipment, distribution
and production of products. Through controlling the supply chain, the organizations can cut the
additional costs and provide the products to consumers very fast. It can be performed through
keeping the strong control of the internal production, internal inventories, inventories of company
vendors and distribution sales (Camerinelli 2016). For the understanding the implementation of this
new innovation the 7-Eleven Australia is chosen as the case study. It is located at Melbourne the
suburb of Oakleigh, Victoria. Its maximum stores are situated at various metropolitan sectors,
especially in the areas of central business district. Moreover, its various stores present in the
suburban sectors has been operating as the petrol station. It is operated and owned as the franchise
having central administration. The following study makes the demonstration of the organizational
context and next the internal and external environments are evaluated. Next, the opportunity and
problems of information system and information technology is identified. Then a justification is
given for choosing SCM. Further, the system design and analysis along with an investigation of
development testing and implementation is discussed here. Moreover, various post implementation
activities, project, change and risk management related to the present case is analyzed.
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Understanding organizational context:
It is seen that for about 90 years, the business of 7-Eleven is seen to be present as the cutting
edge of important trend around the convenience store industry. Irrespective of the fact that it was the
launch of the initial self-service foundation of soda, all the day store hours, the coffee sold in to-go
type of cups, or the initial self-serve pumps of gas and the ATMs that s installed at the c-store, they
could be counted as the “first” for many. Same as many other financial organizations, the 7- Eleven
is not present to retrieve profits for their shareholders. Here, one concentrate on the financial needs
instead of getting driven to generate for the shareholders. They invest their profits back to the bank
to assure that they roved the competitive products and services that they deserve. 7-Eleven provides
the economic services and products to the wider community. They are one of nation’s biggest
member-owned banks (Hung, He and Shen 2019). Their high-level service is the envy of other
people. All the aspects of their operations and all the staffs are active as per the defined set of value
having smart service for their members present at the top most level of list. They endeavor to react to
the necessities of their members in courteous, accurate and consistent way. This indicates to the
service that goes beyond the normal. Through making the service the priority, they has been standing
of competitive for their financial institutions. They might pay lip service to the ideas of great service.
Nevertheless, they have not necessarily turned that to reality. Moreover, they have been acting as the
part of the community every time. They have consistently busy to sponsor the important events of
sports, community events and family activities across Australia. Additionally, the 7-Eleven
Foundation was created to provide the funding during 2012 (Zhao and Huchzermeier 2018). The
way to maintain industry integrity is through assuring the security systems. Having more than 1.35
billion dollars of assets within their management, they have cut no corners to assure that processes
are watertight in nature.
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Discussion of external and internal environments:
Porter’ Five Forces Model:
External analysis:
The threat of new entrants:
Currently, the digitalized financial system has appeared to be reaching the form of maturity.
There is a high threat from the competitors of the financial market from the potential competitors
from domestic and overseas.
Bargaining power of the customers:
This is high as there is a huge power of bargaining of customers as the other banks have
brought same type of financial packages having competitive. This urges them to expand in market
share under the concentrated market (Cao, Du and Ruan 2019).
Rivalry rising among the customers:
The current day financial market of Australia has appeared to touch the level of maturity. The
Australian financial industry has generated the compound annual development rate of 13% since the
previous decade and it has been ranked among most advantageous banks under the developed world.
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