This document provides details about a company that develops an automated car parking payment system. The system uses laser sensors to recognize vehicle license plates and connects users' bank accounts to allow for automatic payment deduction when they exit the parking lot. It aims to provide a faster and more convenient experience for customers. The document discusses the industry analysis, customer needs, product/service details, key suppliers and partners, cost leadership strategy, value chain activities, business processes, functionalities, and systems involved.
This document provides details about a company that develops an automated car parking payment system. The system uses laser sensors to recognize vehicle license plates and connects users' bank accounts to allow for automatic payment deduction when they exit the parking lot. It aims to provide a faster and more convenient experience for customers. The document discusses the industry analysis, customer needs, product/service details, key suppliers and partners, cost leadership strategy, value chain activities, business processes, functionalities, and systems involved.
This document provides details about a company that develops an automated car parking payment system. The system uses laser sensors to recognize vehicle license plates and connects users' bank accounts to allow for automatic payment deduction when they exit the parking lot. It aims to provide a faster and more convenient experience for customers. The document discusses the industry analysis, customer needs, product/service details, key suppliers and partners, cost leadership strategy, value chain activities, business processes, functionalities, and systems involved.
This document provides details about a company that develops an automated car parking payment system. The system uses laser sensors to recognize vehicle license plates and connects users' bank accounts to allow for automatic payment deduction when they exit the parking lot. It aims to provide a faster and more convenient experience for customers. The document discusses the industry analysis, customer needs, product/service details, key suppliers and partners, cost leadership strategy, value chain activities, business processes, functionalities, and systems involved.
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INFOSYS.110 BUSINESS SYSTEMS:
DELIVERABLE 2: BUSINESS SECTION 2014
Name Biying Yang NetID Byan204 Group Number: 056 Website Link: http://infosys1102014fcgroup56.blogspot.co.nz/ Tutorial Details Tutor: Day: Time: Kayur Ramson Monday 15:00 Time Spent on Assignment: 25 hours Word Count:
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2 THIS IS ABOUT A CARPARK TECHNOLOGY DEVELOPMENT COMPANY INTRODUCTION 7.046 billion people live in this planet with 1 billion cars that currently operating, which mean exclude the part of people who do not legally to drive, most of us need to deal with the car park payment machine in every single day. Our company aims to give a more convinence way for the driver in order to save their time, so we develop a new carpark payment machine system to remove all the fussy step we need to go through every time when we pay the fee. 3. BUSINESS SECTION 3.1 Vision The automic carpark payment machine provides a more faster, convinence and high productivity new function for customer to save the time. 3.2 Industry Analysis: Carpark Payment Technology Industry Industry: Carpark Payment Technology Industry. Researching and developing the Automate carpark payment machine. Force: High/Low: Justification:
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3 Buyer power: Low People are needed to pay their car legally and safety so that most of them would choose to park their car in the indoor or outdoor carpark otherwise their car may be towed. So they all need to deal with the carpark payment machine almost everyday. Supplier power: Low The carpark payment machine can be supplied from a lot of company which means the choices are multifarious. Threat of new entrants: Low There is no significant entry barriers for new competitor to start a carpark payment technololy business. Threat of substitutes: Low There is nearly no other choices to choose for driver to park legally. As there is no other alternative, so the threat of substitutes is relatively low.
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4 Rivalry among existing competitors: High The competition in the carpark payment techonology industry is relatively high as the techonology is easy to copy or imitate which means when one company contribute a new function of carpark payment machine, the other competitor can also produce a similar one or the develop one into the market to attract the customer. Overall attractiveness of the industry: The carpark payment technology industry is relatively attractiveness even the rivalry among exisiting competitors is high but it is profitable because the buyer power and supplier power are low , no other choices to park the car legally expecially in a long time (more than an hour) and there is no entry barriers to entrance . 3.3 Customers and Thei r Needs It is certainly necessary to cut down the time we spend on the carpark payment machine. The current carpark payment machine problem may have such as coins only, need to wait for a long time especially the time people get off the work. A news from Herald on 29 Novermber 2009 shows that thousands of peoples credit card detail is stolen because the thieves hacked into the payment system. The new system of carpark payment machine give a more efficiency, safety way to people that without anything to do with the payment machine. All you need to do is that drive into the carpark and go out with an message that sent by the automatic system which tell your that payment has done already.
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5 3.4 The Product and Service To satisfy consumers need, the automiatic payment system will connect the customers bank to the car number plate, the system automatic justify the location of the car park and the charge through the laser sensors as it will recognizes the car number and calculate the timing when the car in and out the car park. Every time is payment is done, the customers phone will receive a message from system which shows the detail such as how much did it cost. When the customer have a problem, a hot-line is provided for them to call the customer services free. Easy for every driver once they register in the system. 3.5 Suppliers and Partners Even an innovation idea is contributed, but without the supplier and partners support, it is hardly to make the whole systems operating accessible and feasible. The main supplier is the leaser sensors supplier who provides the stable induction sensor which to prevent a mistaken is made so help to avoid the touble. As our system use the car number plate to connect with our bank account and the phone. In order to protect the customers personal bank detail and stop the similar accident (thousands of peoples credit card detail is stolen) happen again, and to be advantage, the automatic system should give the customer a confident which they do not need to worry about potential risk in term of that their bank detail or even the money will be stolen. So we need the corporate with bank and phone company as partners. Create a new function which have high security with bank. 3.6 Strategy: Cost LEADERSHIP
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6 The competitive scope I chose is board market as the car park problem relates to 1 billion of people in the world so it is match to peoples need and want in the mass market. On the other hand, the cost strategy is cost leadership, which make the system more attractive to the car park owner. As the threat of new entrant is low, because there is no barriers to open a similar car park payment technology company and high rivalry amount existing competitors, hence it is certainly to run the business innovation, creative but also keep it price advantage. The overall strategy is therefore Cost Leadership. 3.7 Value Chain Activity: technology development The most important value chain activity for this business is techonology development. The business vision: provides the faster, convinence new system means that the most important chain activity is the technology development as the businesss main products all deal with the computer program. The technology innovation, research and develop can help the business keep flexible, attractive and valuable by compare with the other competitor. Hence in somehow relative more Important than the other activities such as the human resource management. 3.8 Business Processes 3.8.1. AUTOMATI C CAR PARK PAYMENT PROCESS - The car park payment process is necessary to be clearly as it shows how the whole system operates. The process identify the payment flow including how a payment is completed, when a problem exits, the driver can just call the hotline and the engineers will fix the bug immediately.
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7 Automatic Car park Payment Process Start Car drives in the car park Leaser Sensor scans the car number plate System recognize the car number plate Confirm the location, start recording the ti ming Car drives out Cell phone receive the payment Payment Confirm YES Payment completed N O END Hot-line Problem Solve System record the problem IT engineer find the potential problem, fix the bug
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3.8.2. CUSTOMER CAR PARK PAYMENT RECEIVED PROCESS - The customer car park payment received process show us how the business cooperate with their customers and attract the potential customer to use the new development system by showing them the business has a high efficiency team to face all the situation.
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9 CUSTOMER CAR PARK PAYMENT RECEIVED PROCESS Start Payment receive from customer banking Identify the location Calculate the amount of money to every customer Deducted the commission Customer receives the amount of car park payment Payment confirm Confirm Not Confirm Call the customer services, check the data with the company accouants Receive the car park payment End
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11 3.9 Functionalities 3.9.1. AUTOMIATI C CAR PARK PAYMENT PROCESS Computer record the problem happen Analysis problem and fix the bug 3.9.2. CUSTOMER CAR PARK PAYMENT RECEIVED PROCESS System calculate the amout of payment automiatic Mistaken feedback to technical support 3.10 Systems
3.10. 1. DRI VER S PROBLEM SERVI CES SYSTEM - this system help the driver solves the problem in a short-time and works 24/7, high efficiency. Free hot-line provided which the company are fully response if the system accidently broken down or mistake, protect drivers money not be deduced. 3.10. 2. PROBLEM FI X SYSTEM - As this new automatic car park payment relates to drivers bank account, so it is necessary to find out, analysis and solve the potential problem about this payment system. Fix the bug, let the thief has no chance to hack into the payment system, which provides a high security coefficient to our customers and our drivers. Keep the payment system maintainable, stable, and flexable. 3.10. 3. PAYMENT TRANSFER SYSTEM - In order to keep a healthy corporation relationship between the customers, hence transfer the payment (total payment per day by drivers and minus the commissions) day by day. This also can help the business keep a good credit rating.
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3.11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Techonology Development 1. Automatic Car park Payment Process 1. Computer record the problem happen 2. Analysis problem and fix the bug
DRIVERS PROBLEM SERVICES SYSTEM
PROBLEM FIX SYSTEM Customer relationship system 2. CUSTOMER CAR PARK PAYMENT RECEIVED PROCESS 1. System calculate the amout of payment automiatic 2. Mistaken feedback to technical support
PAYMENT TRANSFER SYSTEM
Transation processing system
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13 CONCLUSION Improving Customer Satisfaction:The developing automatic car park payment machine can Improve the security coefficient, make our payment steps more convenient, more quality and more efficiency. So Improving Customer Satisfaction Creating Competitive Advantages: the advantages is that we donnot need to deal with the car park payment machine anymore. Low price strategy also attract more register and carpark owner corporate with. Generating Growth: by using the information system and IT which help to analysis the customer need and want, the systems disavantage. Such as the problem fix system which can help the new function of payment system more perfect, more close to customer want by improving it. Being more unique,more attractive more effictively generating growth. REFERENCES
1. HTTPS://WWW.GOOGLE.CO.NZ/SEARCH?Q=HOW+MANY+PEOPLE+IN+THE+WORL D&OQ=HOW+MANY+PEOPLE+IN+THE+WORLD&AQS=CHROME..69I57J0L3J5.1230 5J0J8&SOURCEID=CHROME&ES_SM=0&IE=UTF- 8#Q=HOW+MANY+PEOPLE+IN+THE+WORLD World population 2. HTTP://WWW.ASK.COM/QUESTION/HOW-MANY-CARS-ARE-THERE-IN-THE- WORLD Total cars in the world 3. http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10611513 NZ Herald News on 25 Nov 2009