MIS500 Report: Information System Blueprint for Latureae Management

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This report provides a critical analysis of Latureae Management's information system, focusing on the application of supply chain management (SCM) and agile principles to improve business operations. The introduction provides background on Latureae Management, a health and wellness organization. The report then proposes a solution plan involving the implementation of an SCM system to manage the flow of goods, data, and finances. The benefits of SCM, including quality assurance, inventory management, and increased efficiency, are discussed. The report further recommends a systems blueprint using agile principles, emphasizing automation, trading partner relationships, and data capture. The conclusion summarizes the key findings and recommendations for optimizing costs and enhancing customer satisfaction through the effective use of SCM. The report also includes recommendations for modeling, simulation, and data insight to enhance the supply chain strategy.
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Running head:INFORMATION SYSTEM
Information System
Name of the Student:
Name of the University:
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1INFORMATION SYSTEM
Table of Contents
1. Introduction..................................................................................................................................2
2. Solution planned presented to Latureae management.................................................................2
3. Recommended systems blueprint to Latureae management using agile principles.....................5
4. Conclusion...................................................................................................................................8
5. Recommendations........................................................................................................................9
References......................................................................................................................................10
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2INFORMATION SYSTEM
1. Introduction
Latureae Management is a health and wellness organization which is focused to bring
wellness among people. The main aim of this organization is to provide a bright future in
wellness. The organization provides services to wellness to larger number of people of
Australians. With development of healthcare products as well as services, the organization can
deliver natural approach to the healthcare areas.
This report is based on providing a recommended system for the Latureae management
so that they can manage their current healthcare situations and circumstances.By using the agile
principles, the organization can improve its internal business functions and operations for
providing a better health environment to people.
2. Solution planned presented to Latureae management
LatureaeManagement is aimed to generate revenue of 15% in growth as well as accurate
earning is being approached. The healthcare organization can reduce entire turnover of
employees by 25% by helping a new assistance program for the employees. As the health and
wellness organization increases volume of the online sale by approximately 15% in coming 12
months, therefore the organization is required to develop social media campaigns.The
organization can reduce entire packaging by 20% in next 12 months.
The solution plan which is recommended for Latureae Management is to develop supply
chain management system (SCMS).The proposed system is implemented in the organization to
manage as well as oversee flow of the goods as well as data plus finances as the product and
service can move from one point to other (Kwon, Kim, & Martin, 2016).The proposed system
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3INFORMATION SYSTEM
can handle the materials plus software packages can create the product, fulfill the orders plus
keep track of the information included suppliers plus providers. The healthcare SCM is guideline
of flow of the medical goods as well as services from the producer to the patients. The supply
chain is provided with resources required to deliver goods and also services to the customers
(Adebanjo, Laosirihongthong, & Samaranayake, 2016). In the healthcare organization, it can
manage the supply chain which is a critical process.
The healthcare supply chain is started at health check product manufacturer where the
items are being fashioned as well as send to the division center. Based on the products, Latureae
Management can purchase the inventory directly throughout the manufacturer and distributor
(Khlif&Jallouli, 2014). The transaction is conducted throughout the purchasing organization that
can establish the purchasing agreement with manufacturer and behalf of the health in addition to
wellness services. The medical products are being sent to healthcare organization where goods
are being stored in record for the healthcare providers as well as patients (Addo-Tenkorang,
&Helo, 2016).Following are the benefits of SCM which will improve the sales of the business
organization such as:
Quality assurance:
The benefit of SCM is to incorporate the quality processes to improve the business
operations of the healthcare and wellness services (Heckmann, Comes, & Nickel, 2015). When
vetting the suppliers as part of the supply chain management system, it is critical to implement
the quality controls.
Inventory buffers:
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4INFORMATION SYSTEM
Latureae Management can manage the inventories in such a way that it can push the
holding costs so that they can meet with the customer’s demands. The inventory level falls low,
then Latureae Management have to pay overtime as well as produce the products and loss on the
revenue by making the customers wait (Kim, & Kwon, 2015). SCM is included inventory buffer
level such that it can pre-determine the historical market trends.
High rate of business efficiency:
Latureae Management should able to incorporate the supply chain and integrate the
logistics. With implementation of SCM system, it can adjust the fluctuations of the economics,
emergency markets plus shorten the product lifecycles (Simpson et al., 2015).
Increase in profit level:
Latureae Management can reduce entire turnover of employees by 25% with
implementation of new technologies such as SCM and improved collaboration with various
areas. It is therefore helpful to increase the business profit level of the company.
No delay in business processes:
One of the main benefits of the SCM is throughout communication that can lower the
delays into the business processes of Latureae Management. It can reduce late shipments from
the suppliers and vendors (Agarwal, & Sharma, 2016). Therefore, there is reduction of logistics
errors into the distribution channels plus holds the production lines.
Enhanced the supply chain network:
In Latureae Management, it is not easier to maintain the sustainable SCM system into the
healthcare and wellness business operations.It is a best way to use combinations of the lean
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5INFORMATION SYSTEM
practices with the agile method (Kumar Sharma, & Agarwal, 2015). By combination of the
information collected on various sectors of the healthcare business can allow enhancing the
supply chain network.
On the operational side of the Latureae Management, the supply chain is required to
streamline, reduce number of touch points such that there is less handling of the products. It is
required to more transparency; therefore the company can track products as they can travel from
the manufacturing to the patient sides. There is significant investment into the technology to see
the product path throughout the supply chain (Tortorella, Miorando, &Marodin, 2017).The
supply chain partner can collaborate, work together to create effective shared warehousing as
well as transportation strategies.
3. Recommended systems blueprint to Latureae management using agile
principles
The SCM system using agile principles is use of responsiveness, competency, flexibility
as well as quick to manage a better supply chain which is operated on regular basis.Using the
agile principles, Latureae Management develops the healthcare SCM to manage the healthcare’s
service supply plus demand which would lead to increase in positive patient care. Following are
the ways that the Latureae Management can use the SCM to lessen rising costs as well as run the
business operations.
Automate the manual processes:
Latureae Management can automate the purchase orders, invoices, providers as well as
suppliers so that they can remove the manual processes and provide an automated way to
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6INFORMATION SYSTEM
manage the entire supply of the products and services related to healthcare to their customers. It
will also help to reduce time as well as money so that it enables a better management of the data
(Centobelli, Cerchione, & Esposito, 2018). Accurate capturing of data is a key to reduce the cost,
proper charge capture plus inventory management.
Establish trading partner relationships:
With a capability to unite with the trading associates throughout the supply chain, there is
accurate as well as effective business transactions which can grow through the industry. The
suppliers, business partners as well as customers can form strong relationships with other party.
It can contribute to movements of the products, data, information plus funds. In order to have
huge alliances with the players will remain the cost down plus profit up (Mathur et al., 2018).
Flexibility into the contracts allows for movements among the key players for lowering the cost
solutions to required items. Changes are required in the company to create an effective
healthcare supply chain which results into customer satisfaction. The healthcare supply chain is
effective for the business operations of Latureae Management to foster a strong relationship
among the partners.
Reduction of excess product:
By means of the supply chain data, it turns the information on the supply chain levels and
both the providers as well as suppliers can able to handle how the products are required and
when it can lead to decrease in loss because of wasted and expired suppliers (Clauson et al.,
2018). The healthcare organizations are able to handle the wastage and not used the suppliers
plus products required. The SCM system represented 40-45% of the healthcare system
operational cost. The healthcare providers can able to lessen the cost of supply chain by 5-15%
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7INFORMATION SYSTEM
when they can better control and manage the purchase as well as usage of the products and
services. It can lead to increase in profit by approximately 2-7%. In order to reduce excess and
waste of the products, mainly it is required to implement SCM in Latureae Management along
with proper leadership is also required. By implementation of supply chain programs, the
healthcare organization can track as well as supervise inventory of the products by direct access
to the products and costing (Goswami, Engel, &Krcmar, 2013). It enhanced the visibility of the
inventory as well as tracking. It reduces the cost leads to improve in the customer satisfaction as
well as better met with the compliance in addition to regulatory needs.
Capture of data for the business needs:
Into the supply chain management, it can serve up a growing role as the key components
of the technology infrastructure which can assist to capture as well as divide the data which is
required for increasing into the business operations of Latureae Management. The healthcare
data can drive to greater business efficiency as well as organizational compliances. The
technology infrastructure can lead to capture as well as share the data which are required
(Hadaya&Marchildon, 2012). The healthcare organization can capture the data related to the
medical devices as well as products which are required throughout the patient procedures. It can
use the data for populating the information in other locations like the electronic healthcare
record. Into the future, the time data captures for large number of the users that can make greater
competence as well as compliances. Therefore, there is an increase in health organization’s
profitability.
Capture data for the business requirements:
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8INFORMATION SYSTEM
Into the health as well as wellness organization of the Latureae Management, the supply
chain serves as growing role component of technology infrastructure for capturing as well as
sharing required data to effort superior efficiency plus compliances. The organization can stride
towards new business organizations, therefore they can believe the supply chain as the backbone
of the organization. In the current situation, the organization is not able to capture data about the
medical devices as well as products used throughout the patient procedures that can use data to
store the information in similar location like the electronic health record. The data can capture
multitude of the users to drive throughout greater business efficiency as well as compliances
(Bala&Venkatesh, 2017).It is achieved by recognizing the products the provider is buying in
addition to at what prices. With accurate data confine, the healthcare organizations can attain
savings from reduced errors, lesser the cost from contract alignment plus enhanced the business
revenues.
4. Conclusion
It is concluded that in the healthcare and wellness business organization of Latureae
Management, it can optimize the cost in the industry with the supply chain operations which can
comprise virtual centralization of the supply chains. The implementation of supply chain
management in the organization can provide effective healthcare solutions. It helps to reduce the
healthcare cost as well as sales revenue. It helps to remove inefficiencies to drive down the
project costs. The current trends of the organization shows that it is complex to meet on-time
delivery while SCM helps to store the healthcare data and increase level of customer’s
satisfaction.
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9INFORMATION SYSTEM
5. Recommendations
Following are the recommendations which should be taken into account for proper
implementation of SCM in the business organization of Latureae Management such as:
Modeling and simulation:
It is used to test the strategic level decisions which are taken to get better the supply chain
presentation. It provides an impact to restructure the supply chain by reduction of the changing
mode of the transport and relocate the warehouses. Simulation is a method to provide an optimal
solutions. It allows the business users to test various supply chain solutions.
Gain data insight:
The decision making for the supply chain strategy can based on correct as well as
appropriate data plus information. It should require to provide a real time reports which will offer
insight in the supply chain of the organization. ERP software can allow the users plus
management to access inventory, purchasing data to take critical making processes.
Monitor the vendor performance:
The supply chain is based on outstanding performance of the vendor. It is required to
monitor as well as rated throughout metrics available throughout the ERP systems. The
management can evaluate the vendor cycle times as well as error rates. It is precious throughout
seller re-negotiations.
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References
Addo-Tenkorang, R., &Helo, P. T. (2016). Big data applications in operations/supply-chain
management: A literature review. Computers & Industrial Engineering, 101, 528-543.
Adebanjo, D., Laosirihongthong, T., & Samaranayake, P. (2016). Prioritizing lean supply chain
management initiatives in healthcare service operations: a fuzzy AHP
approach. Production Planning & Control, 27(12), 953-966.
Agarwal, A., & Sharma, M. K. (2016). Lean management–a step towards sustainable green
supply chain. Competitiveness Review, 26(3), 311-331.
Bala, H., &Venkatesh, V. (2017). Employees’ reactions to IT-enabled process innovations in the
age of data analytics in healthcare. Business Process Management Journal, 23(3), 671-
702.
Centobelli, P., Cerchione, R., & Esposito, E. (2018). Environmental sustainability and energy-
efficient supply chain management: A review of research trends and proposed
guidelines. Energies, 11(2), 275.
Clauson, K. A., Breeden, E. A., Davidson, C., & Mackey, T. K. (2018). Leveraging blockchain
technology to enhance supply chain management in healthcare. Blockchain in Healthcare
Today.
Goswami, S., Engel, T., &Krcmar, H. (2013). A comparative analysis of information visibility in
two supply chain management information systems. Journal of Enterprise Information
Management, 26(3), 276-294.
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11INFORMATION SYSTEM
Hadaya, P., &Marchildon, P. (2012). Understanding product lifecycle management and
supporting systems. Industrial Management & Data Systems, 112(4), 559-583.
Heckmann, I., Comes, T., & Nickel, S. (2015). A critical review on supply chain risk–Definition,
measure and modeling. Omega, 52, 119-132.
Khlif, H., &Jallouli, R. (2014). The success factors of CRM systems: An explanatory analysis.
Journal of Global Business and Technology, 10 (2).
Kim, S. H., & Kwon, I. W. G. (2015). The study of healthcare supply chain management in
United States: Literature review. Management Review: An International Journal, 10(2),
34.
Kumar BR, R., Sharma, M. K., & Agarwal, A. (2015). An experimental investigation of lean
management in aviation: Avoiding unforced errors for better supply chain. Journal of
Manufacturing Technology Management, 26(2), 231-260.
Kwon, I. W. G., Kim, S. H., & Martin, D. G. (2016). Healthcare supply chain management;
strategic areas for quality and financial improvement. Technological Forecasting and
Social Change, 113, 422-428.
Mathur, B., Gupta, S., Meena, M. L., &Dangayach, G. S. (2018). Healthcare supply chain
management: literature review and some issues. Journal of Advances in Management
Research, 15(3), 265-287.
Simpson, D., Meredith, J., Boyer, K., Dilts, D., Ellram, L. M., & Leong, G. K. (2015).
Professional, research, and publishing trends in operations and supply chain
management. Journal of Supply Chain Management, 51(3), 87-100.
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Tortorella, G. L., Miorando, R., &Marodin, G. (2017). Lean supply chain management:
empirical research on practices, contexts and performance. International Journal of
Production Economics, 193, 98-112.
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