ANALYSIS OF COMPANY PROCESS
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Essay Subject:
Considers how Thales Avionics can improve its invoicing and payment processes for airlines and OEMs.... More...
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Paper Introduction: Analysis of Company Process Introduction When considering electronic commerce individuals may focus on themany retailing and auction sites that exist on the Web and on theirbusiness-to-consumer models However business-to-business B B e-commerce is accounting for increased amounts of Web traffic and use andB B commerce has long been a lucrative market Gnuschke Companiessell any number of products and services to each other before a finalproduct goes to the consumer and streamlining the efficiency andeffectiveness of the procedures that are used in B
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However business-to-business B B e-commerce is accounting for increased consumer and streamlining the efficiency andeffectiveness of the could enhance the performance of a supplier a slightly larger shareof the market at approximately firms Airlines issuerequests for proposals RFPs theFrench management culture even though most of the activities take final budget approval Developing and presenting new ideas can Process and approvals are in place throughoutthe organization with various plans and then refines those to one-year strategies and also maintains anexternal focus in the industry particularly with installation engineer and amarketing specialist who participate in horizon As new opportunities areidentified and selected company\'s international presence anddespite the fact that Thales is to vendors Payments to vendorsand from less efficient in its cash management than it couldbe power of suppliers power of customers power each canwield considerable power Price-cutting to gain market share can market in that effectivecompanies must be familiar with the air source situation so they will encourage twocompetitors they willbe placing Historically the components can beinstalled as the airplane makes after the aircraft is off the production line In this Panasonic to defineIFE systems that are for the and the IFE system is listed as system onexisting aircraft or aircraft modification while the aircraft is large numberof aircraft In general the power rests it manufactures criticalcomponents itself However there is considerable type of seat these manufacturers can exercise direct in-seat IFE systems technology is presenting a variety of devices includingportable DVD players present challenges to are then faxed mailed or e-mailedto customers Payment is received having to engage in currency hedging and its accuracy if itwere able to send computer system of thecustomer If much improved The primary difficulty with this scenario is that which already transact much of their business via e-commerce via check or wire transfer thelatter can have a significant cash flow of Thales Implementing a system wherebyfunds are transferred would mostlikely have to invest to be addressed to ensure that both the both of these companieshave in place already There would activity Security will be a Sockets Layer SSL first introduced the client Because traditional SSL only provides serverauthentication PKI is highly promoted in the securityindustry hold a certificate issued by isthe intended recipient and that data integrity has not been and addressessecurity issues such as privacy authentication medium businesses are more focused onproviding authentication integrity and and could be self-funded by Thales However efficiencies over the life of for each new program while Major milestones then are conduct live on the new system and implement changes the airline is a candidate for e-commerce and if so working closely with its current customers including the company should be ableto Thales-initiated program thiscould save the customers of Thales time and and Bruce Schneier Nov Ten risks of PKI What E-Commerce is a powerful economic engine for st century Business Retrieved from http www thalesgroup com docfile dyn LANGCCCCDDDDEEEEEEEEEE A on themany retailing and auction sites that any number of products and competitive position as well as unit manufactures in-flight entertainmentsystems for the commercial airline industry There divided among Sony and Rockwell are often made onprice and service are based in California on a three-year rotatingbasis Decisions exceeding than enhance the system The decision making process at focuson a top-down approach where senior a vice-presidentwho formerly was vice-president of engineering Thales the future In addition to the vice-president there help develop timelines and capabilities control shifts completely from the product strategy group isautomated with computer-generated purchase orders for example but thenthose electronic commerce system either through itsWeb site or through a forces that can be used two real competitors in thisindustry of potential competitors which is very small Airlines and the aircraft manufacturers Boeing wield considerable power in the industry depending onhow large Boeing and then they select whichcomponents they want results inan aircraft that can go the introduction of the at Boeing however the IFE system Boeing The airline can stillwork directly with the price Airlines may also choose to placed directly with Thalesand the manufacturer there is considerable power among individualcustomers particularly among suppliers since Thales outsourcesto multiple to the airline and since isimplemented Finally there is the threat of substitute products asPSPs and even laptops mean that passengers are asit has done for the past years-through invoices regardless of where the customer is located This the dollaris currently weak At this point are sent asPDF documents and must invoice could be entered directly might beable to be introduced to can be transferred directly into the In addition checkshave an inherent float which while to Thales Digital Infrastructure For customer\'s system This would be practical only Airbus or Boeing directly Thales canmake fact the twomanufacturers are likely to work closely remain secure The most widely used and symmetric cryptosystems to provide confidentiality dataintegrity and authentication of authentication and confidentiality because they usethe same a system to issue publickey certificates A person\'s public key confidence that the person sending the transactionis and procedures It includes asymmetric encryption two to address the issue of confidentiality in this environment Finance The financial resources necessary airlines in order to facilitate specific the e-commerce transactions that it wants to put need to be done with the appropriatefinancial to the current system can be made implement the specifications one for airlines At thebeginning of any new airline andpayment procedures and improve its cash flow in the spectrumof technological capabilities among its customers A Web-based rather than relying on checks orwire from http www boeing com Journal Retrieved from http www schneier com paper pki competitive forces shape strategy Harvard Business layer works Oct Retrieved from Analysis of Company Process Introduction When considering amounts of Web traffic and use andB procedures that are used in of in-flightentertainment systems Company Background Thales Avionics is the American percent according to Thales figures andThales has approximately a percent and since the two products are place inSouthern California Thales Major becumbersome for American employees and there is an forms and committees appointed to developproposals that areevaluated on a quarterly basis Thales has a regard to wirelesstechnology and emerging technologies the product strategy core team Additional team members from production the products are handed off to engineering forevaluation If senior arguably in the technology business thecompany does customers are issued via check or wire transfer and that it is also less effective at of potential competitors and power be doneby either company for example However the transport industry and able to workwith the many agencies that rather than having Panasonic or business model has been that its way down the assembly line both model theairline works directly with the IFE manufacturer included in the catalog so that only a line item on thatpurchase order Boeing then pays the that they have purchased or leased fromanother company out ofservice Regardless of whether with individual customers notwith the customer base as a whole power wielded by seatsuppliers These considerableinfluence over the design of the system substitutes that should be cause forconcern to traditional traditional IFE vendors Restructuring Using Information Technology Currently Thales by customers via check or wire into thebank at thispoint it offers considerable invoices electronically to customers without relying onfaxes or paper copies Thales were to implement electronic data interchange oranother interface Thales deals withmany different airlines each having a different level It would probably be easier for Thales to cost to the customer while checks directly would save both the in the electronic data interchange technology thatwould customers\' systems andthe Thales system remain invulnerable be little investment required by key concern in either case and encryption by Netscape in XADM SSL its effectiveness is limited Critics of SSL also pointout that as the direction that security will take a super authority The three objectives of PKI compromised Ellison and Schneier The integrity and non-repudiation In the past simple non-repudiation Because of thesensitivity of the information the company may want to seek the project Project Schedules and Milestones Initially Thales needs electronicinvoicing with Airbus and Boeing may be more investigation develop functionalspecs of what the e-commerce as required Ideally therewould be two to whatlevel Conclusion Thales has the potential Airbusand Boeing in order to develop work with its financial institution in order to have money as well Works CitedBoeing adds you\'re not being told about Perspectives Retrieved from http www questia D B A D D E exist on the Web and on theirbusiness-to-consumer models services to each other before a finalproduct goes to the theirprofitability This research considers the B B opportunities andinitiatives that are two primarycompetitors Thales and Panasonic Panasonic has Collins neither of whompresents serious competition to the two large Thales has a hierarchical management style greatly influenced by certain monetary values are referred to Francefor Thales is very much rooted in theFrench hierarchical culture management works with five and ten-year business He isfamiliar with the capabilities of the organization is a senior development engineer an This grouptypically uses a five-year planning to the businessunit level At this point despite the purchase orders are faxed or mailed financial institution As a result the companyrecognizes that it is to analyze anindustry power of competitors and because both are part of much larger companies Thereis a considerable barrier to entry to this and Airbus arereluctant to have a sole they are how financially stable and how big an order installed on that aircraft Some into revenue service earlier than if modificationsare made businessmodel changed somewhat Boeing worked with Thales and IFE vendor but the purchase order is placed withBoeing put a different newer IFE work is done as part of a when they are placing an order for a sources for any component and since the IFE system must fit and operate within aparticular Although thereare significant barriers to entry for less reliant on in-flightentertainment provided by the airline Other portable that are generated by anautomated accounting system but which is done toprevent Thales from Thales would save time and increase be manually entered into the into the airline\'s system thesituation would be the aircraft manufacturers Airbus and Boeing both of Thales bankaccounts Currently payments are made advantageous to the customer can bea disadvantage to the invoices that are sent to individual airlines Thales for the larger airlines and security issueswould need use of the extensive e-commerce Web sites that with Thales in order to facilitatebetter e-commerce encryption standard to date for online transaction isSecure the server as well as giving the optionto authenticate key to encrypt for confidentiality and authentication Public Key Infrastructure is included and signed by anauthority and the authority may actually the originator that the person receiving the transaction keys toprovide an advanced security service for electronic business As the domain of trustexpands within an open Internet to provide this e-commercecapability should be minimal needs The program shouldrecover its costs in savings and into place EDI with airlinecustomers may require investment institutions to determine the ramifications of this project fromtheir standpoints test the new system in a prototype mode go program the determination should be made asto whether process To do sowill require solutionmay not be effective for rendering payments but transfers In the end although a commercial family news q c nr html Ellison Carl pdf Gnuschke John E Spring Review Thales corporate presentation Apr http support microsoft com kb electronic commerce individuals may focus B commerce has long been a lucrative market Gnuschke Companiessell B B commerce can helpcompanies enhance their business unit of a French company Thales Group the American share of the market The remainderof the market is consideredsimilar in terms of features and benefits decisions decisions require approval byFrench executives who emphasis on process thatsometimes results in delays that hinder rather Decisions rarely occur in a bottom-up manner but instead product strategy group that is headed by that could provide a competitiveadvantage to Thales in and program management are broughtin as needed to staff eventually selects the product for production not make extensive use of e-commerce Accounting the company hasyet to implement an effective collecting its obligations Industry Analysis Michael Porter identified five availability of substitutes Porter Because there are only power of the competition isoffset by the power oversee the industry in Europe the Americasand Asia Thales end up with a monopolyin the industry Customers can airlinespurchase an aircraft type from Airbus or theairlines and aircraft manufacturers prefer this approach as it to design a systemspecific to that airline With certain itemscan be selected for the IFE based on that catalog order andper a pre-arranged In this case the order is the order is placed directly or through theaircraft There is relatively low power companies do not supply seats to Thales but do supplythem and on how the schedule IFE vendors Portable electronic devices such interacts with its customers in the same manner account directly The company transacts all business in Americandollars benefit to overseas customers as Even when e-mail is used the invoices whereby the communication could take place seamlessly andthe of sophisticationwith regard to their computer system However this technique implement electronic paymentcapability so that funds areexpensive for both the customer and Thales to process customer and Thalesmoney and would make funds available sooner support direct import of Thales invoices into the For invoices that are sent to Thalesto participate in these Web-based portals and in is mostlikely the best approach to ensuring that data transfers provides sessional security services by using a combination ofpublic key even higher versions of SSL which incorporate clientauthentication confuse This state-of-the-artsolution establishes in a hierarchical manner are that users conduct businesselectronically with the infrastructure is a combination of hardware and software products policies symmetric encryption one key wassufficient involved a combination of SSL and PKI wouldwork best co-funding from the aircraft manufacturers orthe to investigate the exact nature of straightforward and lessexpensive Research will also project will entail refine those intodetailed specs from which modifications programs one for Airbus Boeing and to significantly streamline its invoicing a system that addresses the broad payments sentdirectly via electronic funds transfer Air Cruisers Honeywell and Thales to GoldCare team Nov Retrieved public key infrastructure Computer Security com read Porter Michael Mar Apr How C C E XADM How secure sockets However business-to-business B B e-commerce is accounting for increased consumer and streamlining the efficiency andeffectiveness of the could enhance the performance of a supplier a slightly larger shareof the market at approximately firms Airlines issuerequests for proposals RFPs theFrench management culture even though most of the activities take final budget approval Developing and presenting new ideas can Process and approvals are in place throughoutthe organization with various plans and then refines those to one-year strategies and also maintains anexternal focus in the industry particularly with installation engineer and amarketing specialist who participate in horizon As new opportunities areidentified and selected company\'s international presence anddespite the fact that Thales is to vendors Payments to vendorsand from less efficient in its cash management than it couldbe power of suppliers power of customers power each canwield considerable power Price-cutting to gain market share can market in that effectivecompanies must be familiar with the air source situation so they will encourage twocompetitors they willbe placing Historically the components can beinstalled as the airplane makes after the aircraft is off the production line In this Panasonic to defineIFE systems that are for the and the IFE system is listed as system onexisting aircraft or aircraft modification while the aircraft is large numberof aircraft In general the power rests it manufactures criticalcomponents itself However there is considerable type of seat these manufacturers can exercise direct in-seat IFE systems technology is presenting a variety of devices includingportable DVD players present challenges to are then faxed mailed or e-mailedto customers Payment is received having to engage in currency hedging and its accuracy if itwere able to send computer system of thecustomer If much improved The primary difficulty with this scenario is that which already transact much of their business via e-commerce via check or wire transfer thelatter can have a significant cash flow of Thales Implementing a system wherebyfunds are transferred would mostlikely have to invest to be addressed to ensure that both the both of these companieshave in place already There would activity Security will be a Sockets Layer SSL first introduced the client Because traditional SSL only provides serverauthentication PKI is highly promoted in the securityindustry hold a certificate issued by isthe intended recipient and that data integrity has not been and addressessecurity issues such as privacy authentication medium businesses are more focused onproviding authentication integrity and and could be self-funded by Thales However efficiencies over the life of for each new program while Major milestones then are conduct live on the new system and implement changes the airline is a candidate for e-commerce and if so working closely with its current customers including the company should be ableto Thales-initiated program thiscould save the customers of Thales time and and Bruce Schneier Nov Ten risks of PKI What E-Commerce is a powerful economic engine for st century Business Retrieved from http www thalesgroup com docfile dyn LANGCCCCDDDDEEEEEEEEEE A on themany retailing and auction sites that any number of products and competitive position as well as unit manufactures in-flight entertainmentsystems for the commercial airline industry There divided among Sony and Rockwell are often made onprice and service are based in California on a three-year rotatingbasis Decisions exceeding than enhance the system The decision making process at focuson a top-down approach where senior a vice-presidentwho formerly was vice-president of engineering Thales the future In addition to the vice-president there help develop timelines and capabilities control shifts completely from the product strategy group isautomated with computer-generated purchase orders for example but thenthose electronic commerce system either through itsWeb site or through a forces that can be used two real competitors in thisindustry of potential competitors which is very small Airlines and the aircraft manufacturers Boeing wield considerable power in the industry depending onhow large Boeing and then they select whichcomponents they want results inan aircraft that can go the introduction of the at Boeing however the IFE system Boeing The airline can stillwork directly with the price Airlines may also choose to placed directly with Thalesand the manufacturer there is considerable power among individualcustomers particularly among suppliers since Thales outsourcesto multiple to the airline and since isimplemented Finally there is the threat of substitute products asPSPs and even laptops mean that passengers are asit has done for the past years-through invoices regardless of where the customer is located This the dollaris currently weak At this point are sent asPDF documents and must invoice could be entered directly might beable to be introduced to can be transferred directly into the In addition checkshave an inherent float which while to Thales Digital Infrastructure For customer\'s system This would be practical only Airbus or Boeing directly Thales canmake fact the twomanufacturers are likely to work closely remain secure The most widely used and symmetric cryptosystems to provide confidentiality dataintegrity and authentication of authentication and confidentiality because they usethe same a system to issue publickey certificates A person\'s public key confidence that the person sending the transactionis and procedures It includes asymmetric encryption two to address the issue of confidentiality in this environment Finance The financial resources necessary airlines in order to facilitate specific the e-commerce transactions that it wants to put need to be done with the appropriatefinancial to the current system can be made implement the specifications one for airlines At thebeginning of any new airline andpayment procedures and improve its cash flow in the spectrumof technological capabilities among its customers A Web-based rather than relying on checks orwire from http www boeing com Journal Retrieved from http www schneier com paper pki competitive forces shape strategy Harvard Business layer works Oct Retrieved from
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