Enterprise Resource Planning Essays (Examples)
Study Document
Enterprise Risk Management In Wells Fargo During The Pandemic
enterprise Risk Management in Wells Fargo during the Pandemic
Introduction
As Beasley (2020) points out, enterprise risk management (ERM) is especially needed during the COVID 19 pandemic because of the “number of different, but interrelated risks spread all across … approached comprehensively with risk understood at the macro level. This paper will provide 1) a critical analysis, including a comparison and contrast of enterprise Risk Management (ERM) vs. traditional risk management; 2) a discussion of hazard, financial, operational and strategic risks; 3) a SWOT analysis of Wells … both risk management and a speculative tool; and 8) a discussion of the ways three leading companies (one domestic and two international) implement enterprise Risk Management.
Critical Analysis and Comparison of ERM with Traditional Risk Management
ERM is simply a plan-based business strategy, the purpose of which … together to discuss their plans and to assist the organizational leaders in identifying the……
References
References
Beasley, M. (2020). How to Leverage ERM Principles to Better Respond to COVID-19-Related Risks. ERM Professional Insights.
Derysh, I. (2020). Watchdog questions why Wells Fargo reported giving only one large PPP loan to a Black-owned business. Retrieved from https://www.salon.com/2020/07/22/watchdog-questions-why-wells-fargo-reported-giving-only-one-large-ppp-loan-to-a-black-owned-business/
English, C. (2020). Wells Fargo Forced to Cut Its Dividend After Fed Stress Test. Here’s What Other Banks Did. Retrieved from https://www.barrons.com/articles/wells-fargo-forced-to-cut-its-dividend-after-fed-stress-test-51593467664
Hall, J. (2007). Internal Auditing and ERM: Fitting in and Adding Value. Retrieved from https://global.theiia.org/about/about-the-iia/Public Documents/Sawyer_Award_2007.pdf
Kaplan, R. & Mikes, A. (2012). Managing risks: A new framework. Harvard Business Review, 3.
Lewis, M. (2010). The Big Short. NY: W. W. Norton.
Lundqvist, S. (2014). Abandoning Silos for Integration: Implementing Enterprise Risk Management and Risk Governance. Lund University.
Morgenson, G. (2020). More Wells Fargo customers say the bank decided to pause their mortgage payments without asking. Retrieved from https://www.nbcnews.com/business/personal-finance/more-wells-fargo-customers-say-bank-decided-pause-their-mortgage-n1234610
Study Document
Operations Management And Business Strategy
… target consumer is not particularly price sensitive. For these reasons, a supply chain that is designed around quality is the optimal choice.
Materials resource Planning (MRP)
Overview
An MRP (materials resource planning) system is one tool for helping to manage the supply chain. An MRP system can help provide dashboards and metrics for evaluating the ……
References
References
Aburto, L. & Weber, R. (2005) Improved supply chain management based on hybrid demand forecasts. Applied Soft Computing. Retrieved June 13, 2019 from https://s3.amazonaws.com/academia.edu.documents/30284637/demand_forecast_in_a_supermarket_using_a_hybrid_intelligent_system.pdf
CT Magazine (2012) Coffee packaging freshness. Coffee Talk Magazine. Retrieved June 13, 2019 from https://coffeetalk.com/ctmagazine/10-2012/3926/
Del Valle, G. (2019) Wholesale coffee is cheaper than it has been in years. That’s not good news. Vox. Retrieved June 13, 2019 from https://www.vox.com/the-goods/2019/4/25/18512680/coffee-futures-price-dropping-brazil-currency
Garza, E. & Hoffman, M. (2019) How climate change is killing coffee. Knowledge @ Wharton. Retrieved June 13, 2019 from https://knowledge.wharton.upenn.edu/article/coffee-climate-change/
Khan, O. & Creazza, A. (2005) The impact of product design on the supply chain. Chartered Institute of Logistics and Transport Retrieved June 13, 2019 from https://www.researchgate.net/publication/265492088_The_Impact_of_Product_Design_on_the_Supply_Chain_The_Impact_of_Product_Design_on_the_Supply_Chain
Manetti, G. & Becatti, L. (2009). Assurance services for sustainability reports: Standards and empirical evidence. Journal of Business Ethics. Vol. 87 (2009) 289-298.
Mersie, A. (2019) Coffee prices seen rising 25% by year end. Reuters Retrieved June 13, 2019 from https://www.reuters.com/article/us-global-coffee-poll/coffee-prices-seen-rising-nearly-25-percent-by-year-end-reuters-poll-idUSKCN1Q11JD
Mordor Intelligence (2017) United States coffee market – growth, trends and forecasts. Mordor Intelligence Retrieved June 13, 2019 from https://www.mordorintelligence.com/industry-reports/united-states-coffee-market
Study Document
Logistical Support And Distribution Strategies
...Enterprise resource planning Logistical Support and Distribution Strategies
Distribution strategies refer to techniques of services/goods dissemination to end customers. Adoption of the ideal distribution technique for one’s organization forms the key when it comes to generating revenue and ensuring client loyalty. Several organizations opt for several distribution techniques to cater to diverse end-customer bases. Logistical aspects have always contributed strategically to the organizational business. Within the context of wholesalers and retailers, such organizations go beyond the areas of transportation and inventory management for including one among the most crucial components of organizational success—location relative to supply sources or end-customer markets. When it comes to producers, logistics is concerned with basic aspects like manufacturing unit location, customer service quality/standards, and raw material sourcing. Of late, business environmental evolution has coerced large as well as small corporations into focusing closely on the link between this function and others (Heskett, 1977).
Key factors in organizational strategy……
References
References
Heskett, J. L. (1977). Logistics-essential to strategy. Harvard Business Review, 55(6), 85-96.
Jenkins, L. (2018). Distribution strategy | Cutting edge distribution strategies 2020. Software Selection Tool | Software Selection Management | SelectHub. https://www.selecthub.com/enterprise-resource-planning/cutting-edge-distribution-strategies/
La Londe, B. J., & Masters, J. M. (1994). Emerging logistics strategies. International journal of physical distribution & logistics management.
Li, X. (2014). Operations management of logistics and supply chain: Issues and directions. Discrete Dynamics in Nature and Society, 2014.
Ma, X., Yin, Y., & Liu, T. (2011, August). The simulation and optimizing of different distribution strategies for the distribution centre based on Flexsim. In 2011 IEEE International Conference on Automation and Logistics (ICAL) (pp. 201-204). IEEE.
Partida, B. (2017, November 14). The right distribution strategy affects logistics performance. Supply Chain Management Review. https://www.scmr.com/article/the_right_distribution_strategy_affects_logistics_performance
Study Document
Strategies To Improve Retention Rates At A Consulting Firm
… for employees can easily equal their annual salary or even more, so identifying strategies to reduce turnover rates represents a valuable and timely enterprise. To this end, the purpose of this proposal is to provide a description of the problems of interest and what can be done … underlying causation; and,
· Recommendation #3: Provide all lower-level employees and staff members of ABC with on-the-job training concerning their respective career management planning and optimal strategies for advancing on the company’s career ladder (see Figure 1 in the background section below).
Justification
The above-listed recommendations are ……
References
References
Christie, J. (2014, September). Cochrane review brief: Exit interviews to reduce turnover amongst healthcare professionals. Online Journal of Issues in Nursing. 19(3), 7-11.
Dobbs, K. (2009, April). Knowing how to keep your best and brightest. Workforce, 80(4), 56-60.
Hansen, F. (2009, March 27). Refining signing bonuses. Workforce Management, 85(6), 1-3.
Johns, R. & Gorrick, J. (2016, April). Exploring the behavioral options of exit and voice in the exit interview process. International Journal of Employment Studies, 24(1), 25-29.
Ohunakin, F. & Adeniji, A. (2018, March). Perception of frontline employees towards career growth opportunities: Implications on turnover untention. Business: Theory and Practice, 19(1), 278-283.
Tatham, P. (2008, Spring). At my desk. Australian Journal of Career Development, 17(3), 6-9.
Turnover rates by industry. (2019). Compensation Force. Retrieved from https://www.compensationforce.com/2017/04/2016-turnover-rates-by-industry.html .
Study Document
Elite Business Solutions EBS Worldwide Inc Field Report
… of the business, but it can significantly affect growth. This paper focuses on the Indian business environment by analyzing a Small and Medium enterprise (SME) and an Entrepreneur who has experience of managing change. The analysis of the business will be done through Lewin's Change Management Model. … business to an international level means that the customer base is even more expanded.
As EasyBuyMusic, the company had to deal with logistic planning and high transportation and postal costs because after a customer bought an album, it had to be transported to the buyer. However, once … this assignment, there is a need to contact EBS Worldwide for original documents.
3. In the area of Corporate Entrepreneurship and Strategic Human resource Management, two or three things that I learnt that I did not know before reading the assignment
i. The first thing, in the … With the current change in……
References
References
Doppelt, B., 2017. Leading change toward sustainability: A change-management guide for business, government, and civil society. Routledge.
EBS Worldwide Inc., 2009. Retrieved from http://www.ebsworldwide.biz/index.php
Financial Express, 2002. EasyBuyMusic renames itself, expands product range. Retrieved from https://www.financialexpress.com/archive/easybuymusic-renames-itself-expands-product-range/37717/
Rodrigues, M., 2012. Five entrepreneurs tell us how they reinvented themselves. India Today. Retrieved from https://www.indiatoday.in/magazine/supplement/story/20120813-business-entrepreneurs-stock-vinay-gupta-nikhil-velpanur-759294-2012-08-01
Shirey, M. R. (2013). Lewin\\\\\\\\\\\\'s theory of planned change as a strategic resource. JONA: The Journal of Nursing Administration, 43(2), 69-72.
Study Document
Transitioning From Student To Nurse Leader
...Enterprise resource planning Becoming a professional nurse takes a long time, and some students may become so accustomed to the rigors of an academic regimen that they are ill-prepared to enter the workforce after graduation. Therefore, it is important to develop viable plans for the future before the pinning ceremony is performed and the diplomas are handed out. To this end, the purpose of this paper is to provide a clear vision for the future by setting achievable goals and formulating appropriate strategies for achieving these goals through the creation of a one-year and five-year professional nursing career plan. The one-year plan describes my plans immediately following graduation including the identification of selected potential employers• and the details concerning what is required to apply for these positions. In addition, a description of the ways in which I intend to maintain a holistic balance in my personal and professional life during the first year……
References
References
About Saint Peters University Hospital. (2019). Saint Peters University Hospital. Retrieved from https://www.saintpetershcs.com/Locations/Saint-Peter-s-University-Hospital .
de la Fuente, E. I. & García, J. (2015, May 1). Psychometric properties and scales of the Granada Burnout Questionnaire applied to nurses. International Journal of Clinical and Health Psychology, 15(2), 130-134.
Kuehn, M. B. (2018, October 1). Creating a healthy work environment for nursing faculty. Creative Nursing, 16(4), 193-196.
Nursing school degrees. (2019). Becoming an RN in New Jersey. Retrieved from https:// www.nursing-school-degrees.com/nurse-licensure/become-a-nurse-in-new-jersey.html
Tollefson, M. & Kite, B. (2018, Winter). Effectiveness of student-led stress reduction activities in the undergraduate classroom on perceived student stress. College Student Journal, 52(4), 505-511.
Welcome to Robert Wood Johnson. (2019). Robert Wood Johnson University Hospital. Retrieved from https://www.rwjbh.org/rwj-university-hospital-new-brunswick/ .
Study Document
Barriers That Prevent Implementation Of IoT Within Small Businesses
… Kaushik (2019) points out, “In the context of internet of things (IoT), the things may be anything like cell phones, iPods, mobile devices, resource, services, education, people, animal, any physical objects etc.” (p. 2).
Moreover, the IoT has made it possible to create and even remotely control … software engineer’s drawing board, but is rather transforming the manner in which companies of all sizes and types are managing their information technology resource. As Cubo and his colleagues conclude, “This new Internet has led the evolution of the Ubiquitous Web 2.0, in integrating physical world entities … fitted to virtually any type of consumer product or artifact (Banham, 2016).
Many of the same attributes that make the IoT a valuable resource for businesses of all sizes and types, though, are the same attributes that create security risks for its implementation and administration (Banham, 2016). ……
References
References
Ahamed, J., & Rajan, A.V. (2016). Internet of Things (IoT): Application systems and security vulnerabilities. 2016 5th International Conference on Electronic Devices, Systems and Applications (ICEDSA), 1-5.
Aishah, S., Sahandi, R., Prakoonwit, S., & Khan, W. (2019). Big data and IoT opportunities for small and medium-sized enterprises (SMEs). In Handbook of Research on Big data and the IoT. doi: 10.4018/978-1-5225-7432-3.ch005
An, N. & Wang, J. (2018, October). Research and practice on innovative methods of ideological and political education for college student. Educational Sciences Theory and Practice, 18(5), 2386-2391.
Banham, R. (2016, July-August). IoT complexity: As the Internet of Things expands, the risks-and questions of liability-become more complicated. Risk Management, 63(6), 39-44.
Bhardwaj, A., Subramanyam, G. V., Avasthi, V. & Sastry, H. (2016). Review of solutions for securing end user data over cloud applications. International Journal of Advanced Computer Research, 6(27), 2277-2291.
Bok, H. (2014, September). An empirical study on factors influencing Internet advertising effects. Advances in Management, 7(9), 6-9.
Business.com. (2018). Disaster preparedness for small businesses. Business.com, September 26. Retrieved from https://www.business.com/articles/business-disaster-prep/ .
Cass, J. (2019). Internet of Things: What it is, how it works, examples and more. Just Creative. Retrieved from https://justcreative.com/2018/11/19/internet-of-things-explained/ .
Study Document
Emergency Managers And Climate Risk
… to the question, “When you enter the field, what can you highly educated individuals do to ensure that you are informed about and planning for ALL high risk hazards, climate risks included?” To this end, an examination of the current issues facing emergency managers planning for climate risks is followed by a discussion concerning some success stories in planning for climate risks as well as a description concerning how these successes were achieved. Finally, an assessment concerning how this information can be … Alley. It is important to note, however, that climate change is introducing a number of novel risks for many communities that make the planning process especially challenging. For example, according to a study by the IPCC Working Group II (2014), “In many regions, changing precipitation or melting … by the IPCC Working Group II (2014), “In many regions, changing precipitation or melting snow and ice are……
References
References
Edwards, F. L. (2011, Spring). Symposium: Preparing for climate change. The Public Manager, 40(1), 20-25.
IPCC Working Group II. (2014). Assessing and managing the risks of climate change. Retrieved from https://www.ipcc.ch/site/assets/uploads/2018/03/WGIIAR5_SPM_Top_Level_ Findings-1.pdf.
Labadie, J. R. (2011). Emergency managers confront climate change. Sustainability, 3, 1250-1264.
Leven, R. & Goldstein, Z. (2019). Kentucky is among the states blocking climate action. As weather gets more extreme, its residents — and U.S. taxpayers — are paying a price. Public Integrity. Retrieved from https://publicintegrity.org/environment/one-disaster-away/a-dangerous-disconnect-disaster-prone-states/ .
Mickus, J. (2017, June 1). A Sugar Creek chronicle: Observing climate change from a Midwestern woodland. Perspectives on Science and Christian Faith, 69(2), 110-114.
The Nature Conservancy. (2020). Pennsylvania climate solutions. Retrieved from https://www. nature.org/en-us/about-us/where-we-work/united-states/pennsylvania/stories-in-pennsylvania/pennsylvania-climate-solutions/.
Study Document
Warehouse And Material Handling
… plays a pivotal role in the integration of supply chains within industries. One of the key components within the supply chain of an enterprise is warehousing. The warehouse will be a private warehouse, which implies that it will be owned by the company. This will be important … The warehouse will be a private warehouse, which implies that it will be owned by the company. This will be important for the enterprise in regard to increased control, flexibility, and cost. Concerning warehouse location accessibility, Tangjong Pagar is considered to be the most suitable location for ……
References
References
Adler, D. (Ed.). (2007). Metric handbook. Routledge.
Alberto, P. (2000). The logistics of industrial location decisions: An application of the analytic hierarchy process methodology. International Journal of Logistics, 3(3), 273-289.
Bhatnagar, A. (2010). Textbook of supply chain management. New Delhi: Sanbun Publishers.
Buurman, J. (2002). Supply chain logistics management. New York: McGraw-Hill.
Heizer, J., & Render, B. (2006). Additional Problems: Principles of Operations Management/Operations Management. Prentice Hall.
Interlake. (2019). Warehouse layout design. Retrieved from: https://www.interlakemecalux.com/warehouse-manual/warehouse-design/warehouse-layout
Mulcahy, D. E., & Sydow, J. (2008). A supply chain logistics program for warehouse management. Auerbach Publications.
Radaev, A., & Leventsov, V. (2018). THE METHODOLOGY FOR SUBSTANTIATING THE MATERIALS HANDLING EQUIPMENT OF A UNIT LOAD WAREHOUSING SYSTEM. International Journal for Quality Research, 12(4).
Study Document
Cyber Crime IT Security Auditing
…
Suduc and colleagues (2010) offer a second view on the subject of security auditing, segregating the process into the following six steps: (1) planning – for the ascertainment and selection of sound, successful techniques to conduct a security audit and procure all desired data; (2) collection of ……
References
References
Almatari, O. and Helal, I., and Mazen, S., and El Hennawy, S. (2018). \\\\\\"Cybersecurity Tools for IS Auditing.\\\\\\" The 6th International Conference on Enterprise Systems, At Limassol, Cyprus 10.1109/ES.2018.00040.
Davis, W. S., & Yen, D. C. (Eds.). (2019). The information system consultant\\\\\\'s handbook: Systems analysis and design. CRC press.
Diamantopoulou, V., Tsohou, A., & Karyda, M. (2019). From ISO/IEC 27002: 2013 Information Security Controls to Personal Data Protection Controls: Guidelines for GDPR Compliance. In Computer Security (pp. 238-257). Springer, Cham.
Khan, M. (2017). Computer security in the human life. International Journal of Computer Science and Engineering (IJCSE), 6(1), 35-42.
Lenghel, R. D., & Vlad, M. P. (2017). INFORMATION SYSTEMS AUDITING. Quaestus, (11), 178.
Manaseer, S., & Alawneh, A. (2019). ON CYBERSECURITY AUDITING AWARENESS: CASE OF INFORMATION AND COMMUNICATION TECHNOLOGY SECTOR. International Journal of Computer Science and Information Security (IJCSIS), 17(7).
Suduc, A. M., Bîzoi, M., & Filip, F. G. (2010). Audit for information systems security. Informatica Economica, 14(1), 43.
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