Instruction to students: This is a group assignment.
Length: 2000 words +/- 10%
Weighting : 25%
Total Marks: 100 marks
Learning Outcomes:
a) Analyse and articulate business processes and recognize the role of accounting information systems in enhancing business process design.
b) Communicate with IT professionals, stakeholders and user groups of information systems.
Context:
This assessment is designed to develop student’s understanding of business processes; analyse existing organisation’s processes; and suggests ways to improve the organisation’s current business process inefficiencies using Information Technology.
GAAM is an international company that manufactures mainly hydraulic systems, building systems, and metal products. Specifically, it makes hydraulic equipment such as gear pumps and motors, telescopic cylinders, and control valves. Used in heavy-duty vehicles such as cranes, these products are sold to domestic (US) and foreign original equipment manufacturers. The company’s headquarters are located in the South Australia. Employing nearly 3,800 employees around the world, it operates 27 facilities in seven countries.
GAAM decided to conduct a process re engineering project with the objective of improving its global competitive position. Your team was formed to conduct a thorough investigation of the departments in the company. You are expected to come up with a Business Process Re-engineering recommendation for improvement. The following are the overviews of the major departments that needs major changes:
OVERVIEW OF THE PURCHASING DEPARTMENT
The purchasing department is mainly responsible for the procurement of hydraulic pump inventory. Maintenance, repair, and operating supplies (MRO) are also purchased through this department. This includes any equipment that needs tooling, supplemental materials such as foundry sand, various ingredients used for pouring castings, and any other non-production related products or services. The department is comprised of a purchasing manager, two buyers and one secretary/clerk. It purchases an average of AU$15 million in inventory items, or approximately 3,000 parts each year. An additional AU$6 million in purchases in MRO per year is also made.
BUSINESS PROCESS ANALYSIS INSTRUCTIONS:
In groups of 2 or 3, analyse the organisation brief provided. For the business process described in the organisation’s brief:
1. identify:
a. participants
b. inputs
c. outputs
2. Develop the current business process model.
3. Identify and describe current strengths and inefficiencies that are present in the current system.
Suggested document content (you can add more sections if needed):
Criteria
Get FIAC214 Financial Accounting Assignment written by experts.
Get BB104 Introductory Accounting Assignment written by experts.