Students will be familiar with the principles of stock management from the AS level studies. Increasingly, businesses use real time data from EPOS, on-line stores and electronic sales ledgers to drive their re-order processes. EDI (Electronic Data Interchange) facilitates exchange of orders between different businesses and allows Just In Time stock ordering. Other businesses place orders electronically once production schedules have been set for the next period. With computerised stock control, businesses should be able to check stock levels almost on a real-time basis. Stock checks are still required to reconcile stock levels that may be incorrect due to faults in scanning or because of pilferage or other wastage.
The key Project Management tool that appears in A-level Business Studies is Critical Path Analysis (CPA), also known as Network Analysis see separate Tutor2U revision note for details of CPA. Project Planning software, such as Microsoft Project, allows project managers to enter tasks, lead times, dependencies and staff skills and availability, even allowing for holiday, and the system will produce an optimised work schedule. Any student who has attempted to produce even a simple CPA will appreciate how helpful such a software package would be!
Email
Increasingly, the majority of office workers have company email accounts available on their desktop PC. This provides a cheap and fast means of communication within the company and with customers and suppliers. Possible areas for discussion include; wasting time on non-company business, and, susceptibility to virus attacks. Refer also to your notes about communications and remember, not everyone checks his or her email regularly.
Teleworking
Some of the above solutions, combined with relatively cheap desktop and notebook PCs and widely available broadband and connections, mean that many workers can do at least part of their job remotely. In some cases, this means workers working from home or when away on business (or holiday!). Teleworking can help provide practical ways of offering more flexible working conditions. This means that many people can work who would find it hard to manage regular office hours. In turn, this can widen the available pool of experienced and qualified staff such as people with childcare commitments, other carers and the disabled. Teleworking is also the key to outsourcing call centre and other office work to overseas centres such as India, where there is an abundance of low cost, well-qualified staff and a good infrastructure.
Document archives
Rather than store correspondence and other documents in paper form, they can be scanned and stored electronically for instant retrieval from anywhere on a companys network. This can dramatically reduce the cost of storing and managing paper files, although one only has to visit a typical office to see that we are a long way from being paperless.
Most schools highlight the importance of computer education. They provide computer education to children, at a very young age. It helps them to learn and develop interest in the basics of computers. The main purpose is to make them comfortable using the system, as the future holds a bright promise for the technology. Many students become proficient and plan to pursue careers in the world of computers. Computers are used in running school and college administrations, during the admission procedures, storing of official and student records. They are also used in syllabus planning and decision-making, controlling, assisting instructions and simulation. Computers are helpful in directing aptitude tests and achievement tests, at the time of entrance exams. There is computer software designed to process performances related to teachers and employees promotion avenues. They also process records of salaries, examinations, schemes of examination, printing of papers and question papers, evaluation of answer sheets, mark sheets and certificates. Computers are used in colleges, by the professors, to conduct special classes and enable their students to adopt a methodical way of study. Students take more interest in the documented programs, designed on different topics. Internet has provided a favorable means of pursuing courses from renowned universities, across the world. These facilities become available at a click of the mouse.