Five Forces

In the following week, I learned about Porter's Five Forces : Analyzing The Competition. Analyzing your competition is one of the best ways to identify threats to your business and figure out how to address them. Knowing who your competition is, how their actions will affect you (and in what ways) is critical to your bottom line and future planning. Whether you are a Fortune 500 company or a small, local business, competition has a direct influence on your success.

1. Competitive Rivalry

This force examines how intense the competition currently is in the marketplace, which is determined by the number of existing competitors and what each can do. Rivalry competition is high when there are just a few businesses equally selling a product or service, when the industry is growing and when consumers can easily switch to a competitor's offering for little cost. When rivalry competition is high, advertising and price wars can ensue, which can hurt a business's bottom line.

2. Bergaining Power of Supplies

This force analyzes how much power a business's supplier has and how much control it has over the potential to raise its prices, which, in turn, would lower a business's profitability. In addition, it assesses the number of suppliers available: The fewer there are, the more power they have. Businesses are in a better position when there are a multitude of suppliers.

3. Bergaining Power of Customers

This force examines the power of the consumer and their effect on pricing and quality. Consumers have power when there aren't many of them but there are plentiful sellers, as well as when it is easy for customers to switch from one business's products or services to another's. Buying power is low when consumers purchase products in small amounts and the seller's product is very different from any of its competitors.

4. Threat of New Entrants

This force considers how easy or difficult it is for competitors to join the marketplace in the industry being examined. The easier it is for a competitor to join, the greater the risk of a business's market share being depleted. Barriers to entry include absolute cost advantages, access to inputs, economies of scale and well-recognized brands.

5. Threat of Substitute Products or Service

This force studies how easy it is for consumers to switch from a business's product or service to that of a competitor. It looks at the number of competitors, how their prices and quality compare to the business being examined and how much of a profit those competitors are earning, which would determine if they can lower their costs even more. The threat of substitutes is informed by switching costs, both immediate and long-term, as well as a buyer's inclination to change.

Flow Chart

In the following week, we learned about Flowchart. Flowchart is a graphical representation of an algorithm. Programmers often use it as program-planing tool to solve a problem. it makes use of symbols which are connected among them to indicate the flow of information and processing.

This are some basic symbol used in flowchart design :

1.      Terminal: The oval symbol indicates Start, Stop and Halt in a program’s logic flow. A pause/halt is generally used in a program logic under some error conditions. Terminal is the first and last symbols in the flowchart.

2.      Input/Output: A parallelogram denotes any function of input/output type. Program instructions that take input from input devices and display output on output devices are indicated with parallelogram in a flowchart.

3.      Processing: A box represents arithmetic instructions. All arithmetic processes such as adding, subtracting, multiplication and division are indicated by action or process symbol.

4.      Decision Diamond symbol represents a decision point. Decision based operations such as yes/no question or true/false are indicated by diamond in flowchart.

5.      Flow lines: Flow lines indicate the exact sequence in which instructions are executed. Arrows represent the direction of flow of control and relationship among different symbols of flowchart.

For Example like this :

Introduction

Hello, My name is Devano Syafireka Nandyo, I live in Jakarta and study at President University. My favorite food is mother's cooking. at the moment I don't have a dream, if there is one, maybe the first thing I will do is give money for the Hajj of my parents. My first hobby is playing computer games and riding with friends.

What I learned on the first day was the introduction of "What is Enterprise Resource Planing". Enterprise resource planning is business process management software for organizations so that they can use an integrated application system to manage business and also work automatically for many back office functions related to technology, services and human resources. This also teach us how to make :

Website about its content, and how to make website, about web design, usability, layout of website, CMS & CSS, Media, Homepage website and Internet.

Also about the use of internet for MIS such as :

Server, Cloud Computing, Chat, Data Exchange, Data Base, SSL, Online Shoping, Web Shop, Blogs, Multichannel-Marketing, etc.

This software can also provide a single database that contains all data for the software module include : 

• Manufacturing: - Engineering, Bills of Materials, Scheduling, Capacity, Workflow Management, Quality Control, Cost Management, Manufacturing Processes, Manufacturing Projects, Manufacturing Flow.
• Supply Chain Management: - Order for cash, Inventory, Order Entry, Purchase, Product Configuration, Supply Chain Planning, Supplier Scheduling, Goods Inspection, Claim Processing, Commission Calculation.
• Finance: - Ledger, Cash Management, Debt, Accounts Receivable, Fixed Assets.
• Project: - Cost, Billing, Time and Cost, Activity Management.
• Human Resources: - Human Resources, Payroll, Training, Time & Attendance,  Benefits.
• Customer Relationship Management: - Sales and Marketing Support, Commissions, Services, Customers, and Call Centers.
• Data Warehouse and various Self-Service interfaces for Customers, Suppliers and Employees.
• Access control; User rights correspond to the level of authority for process execution
• Customization; to fulfill extensions, additions, changes in process flow.