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HI5019 - Strategic Information System - Doc

   

Added on  2020-03-02

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Running Head: Subject Name_ Student Name_ Student IDStrategic Information Systems MSubject Code-INFS 5058Trimester No.- Student’s name- Word Count -1000 Name of the tutor -

Subject Name_ Student Name_ Student IDAns. 1: Woolworths had decided to write down the initiative of Mercury 2 in millions. These write down are related to IT assets [ CITATION Coy16 \l 16393 ]. Ans.2: Woolworths had been facing challenges with respect to the supplier relationships. This was because of the problems with the arrangement of its replacement and inventory structure [ CITATION Rap16 \l 16393 ].Ans.3: Mercury 2 was not yielding higher returns and performance as expected from it. The plan of Woolworths was to make its supply chain more effective. In spite of investing around fifty percent of funds in it, the results were not up to mark and this led to the taking of strategic decisions [ CITATION Coy16 \l 16393 ]. Ans.4: Woolworth’s bargaining power of suppliers is quite weak because of the presence of aretail market. Due to strong customer’s bargaining power, Woolworths are required to keep their prices low and competitive. Woolworths is not facing the threat of new entrants as the existing competitors and setting up of business with so many numbers of stores is not an easytask. Woolworths is facing a higher threat from the substitute products. Due to diversified competitive strategies and innovation in the market, substitutes at times provides a better quality at reasonable price. Here, the organization is prone to a major threat. The power gets balanced when it comes to the threat of substitutes and strong customer’s bargaining power. They tend to make extensive analysis so as to maintain their customer base and thus the threatgets neutralized. Woolworths’ operating model is linked to the knowledge of customer’s needs and having an effective supply chain management. This strategy if succeeded, if end upin giving desired results [ CITATION Sma16 \l 16393 ]. Ans. 5: Pros and cons in the short term:Woolworths may face issues in the implementation of the new project and phase out Mercury 2. Proper planning and identification of loopholes in the new IT strategy are important otherwise the result will turn out ineffective. The end result from Mercury 2 was not up to the mark and in order to maintain its position in the market, the new IT strategy was quite important. This will guide Woolworths in the required direction and would fulfill the incomplete task of the previous strategy[ CITATION Pro17 \l 16393 ]. Pros and cons in the long term:The source of funding for the strategy is a major issue. If the strategy fails, Woolworths will risk its employment levels and revenue. If the strategy succeeds, Woolworths will accomplish its desired goals. This will help in gaining control in the market [ CITATION Pro17 \l 16393 ]. Ans.6: The role of IT in Woolworths will change its working mechanism. The end result derived from the IT will actually help Woolworths in the implementation of its long planned Page 2 of 5

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