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Liming Cheng commented on the post, Blockchain: Is this the new Internet?, on the site 6 years, 8 months ago
1. Is this really a technology with potential impact the Internet had?
This is a technology with potential impact the Internet had. It could provide the benefits below:
-It could reduce transaction costs, since no intermediaries (eg. financial organizations) are needed during the transactions.
-It strengthens cyber security. Its complex block…[Read more] -
Liming Cheng commented on the post, Amazon: Go – What do you think?, on the site 6 years, 8 months ago
1. How would you feel shopping in such a store?
I feel comfortable shopping in Amazon’s store. It could not only help us save time from waiting in line, but also make the payment process faster. The concern for digitalization like this would be cyber security and privacy issues. However, I think customers and the company could overcome these…[Read more] -
Liming Cheng commented on the post, Amazon delivery and Ethics, on the site 6 years, 8 months ago
Amazon is facing this PR problem because it fails to manage the relationship with its independent contractors. It has been focusing on cutting costs and pushing pressure to independent contractors, but the PR problem will raise other costs resulting from lawsuits. In order to solve this problem, Amazon needs to lower costs properly. For example,…[Read more]
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Liming Cheng commented on the post, Q&A: Final thoughts (100 second reflection on the course), on the site 6 years, 8 months ago
What I have learned:
-Through case studies, I have learned how IT are used in successful organizations’ supply chain. This helps me understand the benefit that IT could bring to business, such as ERP and e-commerce.
-I have also learned how to forecast and make proper decisions based on dynamic relationship between supply chain partners through…[Read more] -
Liming Cheng commented on the post, 8 years, $1 Bn ERP System – Worth It?, on the site 6 years, 9 months ago
Why would an implementation take this long and cost so much?
-Uncertainties and risks in the early stage increased costs and slow down the speed.
-Lack of proper risk management made the process more difficult and lengthy.
-Geographic differences created more challenges to consolidate.Why would Dow Chemical company approve such a large…[Read more]
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Liming Cheng commented on the post, 100 Second Reflection: Week 11, on the site 6 years, 9 months ago
Starbucks case:
-Nonprofit organizations are critical stakeholders that can act as obstacles for the operations of a business.
-Organizations such as Starbucks that care about social responsibility will have more successes in the long run.
-Information technology could be effectively used to support Starbucks. For example, Blockchain to trace…[Read more] -
Liming Cheng commented on the post, Q&A: Can I/T Help with Ethics / Green in Supply Chains, on the site 6 years, 9 months ago
Technology / information systems could help companies become socially and environmentally responsible through the following ways:
-Going digital: Computers, smartphones and cloud storage allow business to use less paper than in years past, which help lessen the dependence on the world’s tree population, and reduce deforestation.
-Sharing…[Read more] -
Liming Cheng commented on the post, 100 Second Reflection – Week 7, on the site 6 years, 9 months ago
There are a few takeaways I got from RFID at Metro case:
-It’s important for Metro to other variables before committing to a RFID implementation, not only based on their benefits.
-Some benefits of RFID include improving accuracy, product knowledge, information and reducing costs.
-The disadvantage of RFID include the its high cost and insecurity. -
Liming Cheng commented on the post, 100 Second Reflection: Week 10, on the site 6 years, 9 months ago
There are few key takeaways I got from the Amazon European case:
-The advantage and disadvantage of different ways to locate distribution channels.
-Decisions on transportation should be based on the demand from different countries, and regulations.
-The barriers and tension between localization and globalization and how to overcome that,…[Read more] -
Liming Cheng commented on the post, 100 second reflection: Week 8, on the site 6 years, 10 months ago
I learned how companies like Netflix and Hulu control the supply chain of digital content acquisition and distribution. some of the examples include:
-Flexible to changes to the digital technology, which drives consumer behavior.
-Different channels to reach end-user.
-Having targeted customers and making advertising less expensive.…[Read more] -
Liming Cheng commented on the post, 100 second reflection for Week 5, on the site 6 years, 11 months ago
I learned that communication and information transparency play important roles in the Beer Game. Another lesson is to set reducing backlog cost as top priority as it costs more. Since its hard to predict the demand of consumers, proper communication and management within the team are important before making decisions.
In addition, I learned the…[Read more] -
Liming Cheng commented on the post, Progress Report for Week Ending, March 22, on the site 6 years, 11 months ago
Here are a few takeaways I have from the class in week 2:
-Cros’ case taught me that flexible and responsive supply chain will help attract more retailers, meet customers’ demand and gain competitive advantage in the market.
-Cros’ case shows that selection of niche market is important as it will not only increase sells but also build long term…[Read more] -
Liming Cheng commented on the post, Happy Birthday SNL // the typists from the Carol Burnett show, on the site 7 years ago
Things that I learned in the class in Week 1:
-The relation between managing information systems and supply chains, and how MIS could maximize the efficiency of the supply chains process.
-The Xbox example gave me a clear understanding of the production line and how it connects different functionaries.
-The visualization benefit that MIS…[Read more] -
Liming Cheng commented on the post, ICE 5.1 Telling a Story through Visualization, on the site 7 years ago
Hi, my name is Liming Cheng. I am a senior majoring in Actuarial Science and minoring in Management Information Systems. I am interning with TMNA Services this semester as an actuarial intern. Regarding the supply chain experience, in the past, I was working at Barnes and Noble as a bookseller.
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Liming Cheng commented on the post, Progress Report for Week Ending, September 22, on the site 7 years ago
Liming Cheng (tuf41847)