Name Jessica Taing NetID Jtai425 Group Number: 224 Website Link: http://infosys1102014s1group224.blogspot.co.nz/ Tutorial Details Tutor: Day: Time: Johnnie Shubert Wednesday 11am Time Spent on Assignment: 16 hours Word Count: 1587
2
2 OCEAN EYES, THE EVOLUTION OF BUOYS INTRODUCTION Accidents are unpredictable and airplane crashes cause the loss of many lives. In these situations, human resources and the aid of the best technologies are highly depended on to locate the missing plane in a constricted time frame. However, the current technology available is not the most efficient and deploying manual searches can be costly and time consuming as proved by the MH370 case. A cost effective product is Ocean Eyes, the combination of existing technology to offer an all-in-one solution that records imagery (thermal and plane sight), is pinger locator built in, and has AIS (Automatic Identification System) and GPS (Global Positioning System). Ocean Eyes acts as the eyes of the ocean, provides real-time information and has the potential to transform the way in which searches are conducted by improving efficiency. 3. BUSINESS SECTION 3.1 Vision To provide a sense of security and assurance to all travelling citizens around the world 3.2 Industry Analysis: Aviation search and rescue industry Industry: Aviation search and rescue Industry. Force: High/Low: Justification: Buyer power: Low Although there are other existing products that could aid in the search for missing planes, there is currently nothing in the marketplace that is similar to Ocean Eyes. Buyers cannot resort to other options as there is no other choice therefore buyer power is low. (BBC, 2014)
3
3 Supplier power: Low In New Zealand there are quite a few suppliers who can provide the resources needed in order to manufacture Ocean Eyes. For example, GPS Tracking NZ Ltd and Navman are wellknown New Zealand companies that can provide a GPS software. However, GPS companies overseas must also be taken into consideration as there are many and can be easily approached. The same concept applies to other require parts i.e. weather buoys and therefore supplier power is low. (Smartrak, n.d.) Threat of new entrants: Low Manufacturing products for the aviation search and rescue industry is difficult as many resources and high investment in infrastructure is required. In this industry, it is necessary to retain a large amount of capital and so, threat of new entrants is low due to the high cost barriers. (Snider & Williams, 2011) Threat of substitutes: High The threat of substitute products is relatively high although there is nothing quite like Ocean Eyes in the aviation search and rescue industry. There are other products that can be used alongside other products however this will not have the same affect as Ocean Eyes. Because technology is rapidly advancing, the industry can be quite unpredictable as we live in an era where new ideas can develop over night. (Globalization101,
4
4 n.d.) Rivalry among existing competitors: Low Competition in the aviation search and rescue industry is low for Ocean Eyes as there are no existing competitors who offer a similar product. However, there are existing competitors with products that have specific functions of Ocean Eyes i.e. sonar, pinger locator, GPS, and thermal cameras. (BBC, 2014) Overall attractiveness of the industry: This industry shows potential as four of Porters Five Forces is low. The threat of substitutes is potentially high due to the fact that ICT is growing constantly and consumers can resort to using a combination of different products. However, this threat can be minimised as consumers are surely after a product that is not only cost and time efficient but offers convenience as well and Ocean Eyes is a product that integrates a lot of functions that other products do not have and is more advanced in comparison. 3.3 Customers and Thei r Needs Ocean Eyes is a product that is targeted at those who would like to take safety measures for aviation. Specific examples include the Aviation Security Service, Civil Aviation Authority, IATA and airlines. Because aviation is worldwide, there are both international and national consumers, and this product will also cater to government agencies such as the air force, navy, defence force, and maritime. These consumers heavily rely on the accuracy of data, reliability and responsiveness of information systems. It is also proven that these consumers desire products that are user- friendly and IATA expressed the need for new technology in the aviation industry to make savings. (Airline Industry Information, 2005) 3.4 The Product and Service
5
5 Ocean Eyes satisfies the needs of customers as it is time and cost efficient, user-friendly and provides data specific to the consumers requirements. The fact that Ocean Eyes provides real-time data is beneficial and crucial for government agencies as they are required to carry out timely operations. As Ocean Eyes is built upon an information systems infrastructure, it enables data to be accessed anywhere, anytime under the appropriate security measures and whereby software is available. The product is also flexible in the sense of tailoring to consumers needs i.e. Ocean Eyes can be moored or drifting depending on desired search area in which the system will deliver information to the consumer for them to make a decision on whether search and rescue needs to be carried out. 3.5 Suppliers and Partners The main partners working with Ocean Eyes are firms such as Garmin, a GPS software provider, and computer programmers such as Topcoder. These businesses work with ocean Eyes to gain a competitive advantage based on their sustainable creditials. Garmin will provide geographical imagery to support the functions of the product while Topcoder set out instructions and program the software for specific tasks. The US National Data Buoy Centre (NDBC) is a key supplier as they primarily focus on circulating data about the sea and weather patterns from various areas. NDBC would be able to provide the hardware and raw materials needed in order to manufacture Ocean Eyes. 3.6 Strategy: Focused High Cost Ocean Eyes is a product for the narrow market as it is mainly targeted at government agencies which affects a small amount of the population. This product is developed and tailored specifically to the unique needs of customers and would therefore have to enter the market with a high cost strategy. The overall strategy is therefore Focused High Cost 3.7 Value Chain Activity: Make product The most important value chain activity for this business is making the product.
6
6 Ocean Eyes vision is to ensure travelling citizens of their safety no matter where they are located in the world as the eyes of the ocean are present and will enable the fast response of aviation search and rescue organizations. Without the product, this vision is simply not achievable as no data can be obtained and therefore meaningful information is not delivered to support processes to strategically carryout search and rescue operations in the event of a disaster. 3.8 Business Processes 3.8.1. INVENTORY CONTROL PROCESS - The inventory control process increases efficiency and productivity as the business relies on information regarding inventory volumes in the inventory control system which then enables the decision making of the inventory amount required to order. The process includes the receiving, storage, withdrawal, movement and tracking of inventory throughout various stages to maintain records of those events and the corresponding effects. BUSINESS PROCESS 1 MODEL
7
7
8
8 3.8.2. PRODUCT ASSEMBLY PROCESS - The product assembly process involves the production schedule, allocation of materials and steps associated with making the product. A production plan must be conducted to ensure efficient use of resources and smooth production of Ocean Eyes. BUSINESS PROCESS 2 MODEL
9
9 3.9 Functionalities 3.9.1. INVENTORY CONTROL PROCESS Identify the amount of inventory required from database Physically check if actual inventory volumes match requirement 3.9.2. PRODUCT ASSEMBLY PROCESS Create production plan Make and assemble product 3.10 Systems
3.10. 1. INVENTORY CONTROL SYSTEM this is a decision support system that enables the business to recognise the amount of inventory required and in current possession in order to make decisions and determine how much inventory needs to be ordered. In turn, this will ensure that Ocean Eyes will have enough inventory to carry on with operations. 3.10. 2. PRODUCTI ON SCHEDULING SYSTEM this is a management information system which enables the managers to monitor production and determine production levels so that Ocean Eyes is not over-produced nor under-produced in order to meet consumer demands while ensuring the efficient use of resources. 3.10. 3. MATERI AL MOVEMENT CONTROL SYSTEM - this is a transaction processing system that sorts and store data of the material movement and keeps track of the movement of manufactured goods so that the amount of finished goods can be established and used as a reference in the future.
10
10 3.11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Make product 1. Inventory control process 1. Identify the amount of inventory required from database
2. Physically check if actual inventory volumes match requirement Inventory Control System
Inventory Control System Decision Support System
Decision Support System 2. Product Assembly Process 1. Create production plan
2. Make and assemble product Production Scheduling System
Material Movement Control System Management Information Systems
Transaction Processing System
11
11 CONCLUSION Ocean Eyes aims to provide a sense of security and assurance to travelling citizens through the use of information systems to deliver real-time information and enable government agencies to carryout timely search and rescue operations. The MH730 incident is very unfortunate and has caused the loss of many lives. Events as such are unpredictable but with the efficient use of information technology, such mishaps can be reduced. Ocean Eyes is a product that is cost and time efficient in comparison to existing products and services. The all-in-one solution is sure to change and transform history, making travelling around the world more safer than ever. REFERENCES
1. Smartrak. (n.d.). Efficiency & Productivity. Retrieved from http://www.smartrak.co.nz/info/efficiency.aspx
2. IATA says aviation industry needs new technology to make savings. (2005). Airline Industry Information. Retrieved from http://go.galegroup.com.ezproxy.auckland.ac.nz/ps/i.do?action=interpret&id=GALE %7CA131168389&v=2.1&u=learn&it=r&p=ITOF&sw=w&authCount=1
3. Snider & Williams. (2011). Barriers to Entry in the Airline Industry: A Regression Discontinuity Approach. Retrieved from http://www.econ.ucla.edu/people/papers/Snider/Snider507.pdf
4. BBC. (2014). How do you track a plane?. Retrieved from http://www.bbc.com/news/world-asia-pacific-26544554
5. Information Technology. (n.d.). Retrieved from http://www.globalization101.org/information-technology/