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Grey & Sons Ltd. How IT can influence your business. Presented by: Dean Claxton, Dapo Egunjobi & Rick Bhullar Date: May 9 th 2002. Introduction. Computers can help the modern day business. Internet & network connections can save on time. Greater Efficiency Computerised stock control
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Grey & Sons Ltd. How IT can influence your business Presented by: Dean Claxton, Dapo Egunjobi & Rick Bhullar Date: May 9th 2002
Introduction • Computers can help the modern day business. • Internet & network connections can save on time. • Greater Efficiency • Computerised stock control • Computerised order systems • Accounting & payroll systems
Problems Found • Speed of deliveries • Accounts & Administration • Production • Function • Communications
Advantages More Reliable Less Errors Easy to Update Quicker Reliable communications More professional Disadvantages Expensive costs Required Training Time of transferring Advantages & Disadvantages
Networks Local Area network (LAN) We believe that a Local Area Network would most suite this type of business due it to technology. Wide Area network (WAN) Wide area networks is also an option, however we believe that this is unsuitable for this company.
Speed of Deliveries • Orders send instantly through the Internet • Deliveries produced faster due to instant order • More accurate than a telephone order.
Accounts & Administration • Speed up information input • Duplicate information easily • Stops unnecessary paper • Can produce more professional paperwork • More accurate statistics
Production • More products produced in less time • Monitored productions • Less staff required • Time saved on planning • Prevents stock from becoming low • Less errors
Function • Functions as a networked business and not a shop • More reliable information • Faster relay of information • More organised
Communications • Cheaper contact between branches • Networked orders between branches • Easier contact for staff and administration • Faster and more reliable ordering
Internet E-mail and The Internet • Better use of advertising • Quick and easy to use • Instant Messaging • Instant access to bankers shares • Online Banking • Place orders day or night • Communications between branches
Conclusion • Overall faster production • Faster processing time • More efficient • More reliable • Cheaper Communications • Less staff required