|
|
•Monitoring: Accurate monitoring and controlling costs field wise, activity wise, crop wise and activity based cost management system helps to control the performance of activity and the cost impact on it.
•Controlling: Elimination of errors and deceit within the organization. The critical control points of the system enable the management to be proactive in quick decision making.
•Tracking: Accurate tracking of production and deliveries to auctions/sales.
•Analysis: Timely availability of reliable data helps in quick analysis of various factors and also helps in comparing targets with previous actuals.
•Monitoring of stocks and goods awaiting shipment.
•Detailed analysis of crop, rainfall, productivity, labor deployment, forecasting, etc.
Small-scale businesses should try to grab the IT revolutionary by both hands. At the outset, it may seem as an unaffordable cost, but it would pay-off over time. The advantage is the network between branches that was already discussed. They are applicable in this case as well. Accessing global markets is also easier.
Global social expectations on IT being used in business are also going to play a major role. The western world is coming to the extent of believing that, without computerization, quality of goods and services is not acceptable. If we do not move towards it, in businesses in which we do well today, we might do badly tomorrow due to this fact.
Therefore, in the light of all the above reasons, business sector of our country should gear up to face the challenges of the new world and make IT an essential part of it.
|
Tags
You must be logged in to add tags.
|
Writer Profile
Yasas Vishuddhi Abeywickrama
This user has not written anything in his panorama profile yet.
|
Comments
reality Sudharsun R | Feb 18th, 2004
first of all the government should be stable and we should have proper copyrights laws well implemented. this would created a secured envoirment for the businesses. we can't compete with india with the current trend of computer education. And the big companies here need to employ persons who are talented and not by influences. There are many other things needs to be corrected.
You must be a TakingITGlobal member to post a comment. Sign up for free or login.
|
|
