Airlines Industry Assignment Example | Topics and Well Written Essays - 2500 words

air passages Industry - Assignment Exampleworks in tandem with the concept of e-business, e-Procurement, a B2B concept, is the online purchase of goods or services electronically. Cathay Pacifics CxeBuy electronic procural system came into existence at its judgmentquarters in Hong Kong by the end of 2001, across different departments and eliminate categories. Central to achieving Cathays e-business vision was the impetus to apply Internet-based tools to building the most efficient purchasing process and efficacy in the industry. CXeBuy was the first oracle Internet Procurement (OIP) solution ever implemented by Oracle for an airline. In March 2002, the Australia was identified as the first location to be benefited from CXeBuy as it had the potential of linking its sextuplet ports under a common purchasing process and supply base. Japan, with its five ports, was slated to be the next rank for implementing this process. Initially Cathay Pacific adopted this strategy in order to be more combative and to Web-enable the procurement of goods and services for five of the airline spend categories, namely in-flight service, cargo, tuition technology, marketing and office supplies. The madcap force behind this concept was the perceived potential to network all parties involved with the marketing, statistical distribution, consumption and serve of a Cathays business in order to provide opportunities to significantly improve the co-ordination and efficiency of operations (OECD, 2001). The ride forces for adopting an e-procurement system and the salient features of such a system at Cathay areInternet is to be utilise to transmit order information, between Cathay and its suppliersIt was implemented to replace the existing Engineering guardianship Planning and Control arranging (EMPACS). EMPACS also the inventory management system, has been around for the last 25 years. watchfulness felt the need to streamline the requisitioning processes and purchase order ap proval processes. Financial Management Information System (FMIS) was used for processing payments and general bookkeeping activities. FMIS carried supplier address and care information. Both EMPACS and FMIS used to manual of armsly key in the address and details whenever new suppliers were added or to change the details of existing suppliers. This manual operation was prone to errors.Common exchange rates information database was being maintained at contribution which was used by many departments during their operations. SHARE held many different exchange rate tables like inter-airline billing rates, exchange rates in settling invoices raised by overseas suppliers etc. for the same menses at any one time. These exchange rates were being manually updated.One separate Airline Purchasing Department (APD) comprising 50 staff was functional since 1996 to serve the five major user departments and individual spend categories Marketing, Fuel Services, Information Technology, Ground Serv ices and In-flight Services. The APD staff was to identify an appropriate supplier, enter the information onto EMPACS and generate a purchase order that was printed through the IBM mainframe located 20 kilometers away from Cathays head office. Every few days a batch of purchase orders would be physically transported from Quarry request to Cathay City, where they would then be distributed to various department managers for approval to purchase.The approval process in itself used to take a few days with as many as seven approval, validation and distribution steps. Then