Andrew Phelan

My biggest takeaway from this class is how implementing a system like an ERP for example, is advantageous to the point that without one a business would struggle to keep up or stay a float in todays markets. Computing systems are so integrated into businesses today that it is unlikely that I will ever go to a new job again that doesn’t have some…[Read more]

In a highly regulated business like a company in biotech or pharmaceuticals, SCM is more important because in order to have a good customer relationship you have to have perfect traceability and regulation of the supply chain or your customers wont buy from you. However in most other industries this CRM is more important.

Netflix to me is one of the most interesting innovations in the last few years, particularly their online streaming capabilities. It developed a whole new market which allowed movies and television to be seen through the same thing. Also content is readily available as soon as you log in. It has definitely changed the television and movie industry…[Read more]

In the business I work at it is very important that data is up to date between departments. The most common problem we have is inventory being taken out and not accounted for somewhere else. This leads to a lot of confusion on a weekly basis, an ERP system would be very beneficial to any business because I can see where you can run into problems…[Read more]

One area that decision trees are helpful is in scientific research. They are often used to decided which course of action would provide the greatest utility. For example when developing a product there are many questions that need to be answered, but you don’t have forever to answer them all. A decision tree helps find the pertinent questions…[Read more]

The fact that I found most interesting in the video was that youtube is the second largest search engine in the world. It’s a fact that I don’t find very surprising however I’ve never thought about how widely used the media site is. I think a skill that would be essential for a digital economy would be being tech savvy. Along with that a…[Read more]