IT Strategic Plan Part 2
8
GG Freightways (GGFRT) IT Strategic Plan
Djenabou Diallo
IFSM 301-6980
UMGC
06/28/2022
1. Business Statement
GGFRT covers a huge area in the southwestern United States. Located in Los Angeles, the firm has 8 primary ports. Los Angeles, San Diego, San Bernadino, Bakersfield, Scottsdale, Phoenix, Tucson, and Las Vegas are the cities with terminals. More than seven hundred and fifty people work in the company's eight primary terminals. There are two service centers in San Bernadino and Scottsdale. The corporation's profit is $35 million, with a gain of 6% on potential financial goals... By cutting operational expenses and producing an 8 percent profit, the company is aiming to earn an 8 percent profit, despite the current business situation. Consumer needs have evolved significantly during the organization's long history, which spans several decades. There is a lot of trust and recognition from many clientele, and thus it is well ahead of its rivals. The company can serve a large portion of the southwestern United States due to its superior products and services. There are 400 delivery and distribution vehicles in the company's fleet, implying that each terminal has an average of roughly 50 cars in its inventory. Eighty semi-trailer units, 160 box trucks, and 160-panel vans make up this fleet of vehicles. "GG Freightways, GGFRT" is one case study.
2. Business Strategic Objectives
Creating strategic goals that can contribute to a shift in the way a company operates should be considered the primary objective of any strategic plan or strategic direction. It is crucial to have a strategic plan because it assists the management of the firm in making decisions that are well thought out and educated, and these decisions will have a good impact on the organization (Vo, 2020). The following table will include strategic objectives with the goals of enhancing the overall experience of customers and the degree to which they are satisfied, as well as enhancing the effectiveness of business operations.
|
Business Strategic Objective (BSO) (enter number 1, 2, 3, 4 only) |
Fully State the Objective (from the case study); it should not discuss IT for the new objective. |
Explanation (in your own words for each BSO; for the new objective only, also incorporate how the management team would use the new objective to improve the business of GGFRT. None should discuss any relationship to the use of IT |
|
1 |
Freight monitoring |
Keeping tabs on all of the trucks so that an accurate report can be given to the consumers regarding the exact delivery dates and times |
|
2 |
Increasing the percentage of loaded miles |
By coordinating the delivery and collection of freight within the same geographic region, it will be simpler to cut and save costs. |
|
3 |
Provide warehouse facilities to the customers |
This is for clients that want to save money and time by reducing the time it takes to get products to customers. The client's customers can pick up the items from the warehouse later, or the goods can be stored there until a later date for delivery. |
|
4 (new objective) |
Improving the safety of trucks in the fleet |
One way to accomplish this is by making certain that all of the vehicles in the fleet are secure. To guarantee that the trucks are in good condition, the organization can implement a policy to certify that all vehicles are inspected and serviced regularly, for example, after every 10,000 kilometers, as required by the new federal law. This will ensure that the trucks are in good condition, improving productivity and reducing the risk of road collisions, which would occur if a car was not in good condition. Because of this, each package will be delivered to the customers on time, increasing their happiness with the business. |
3. IT Mission and IT Vision Statements
a. IT Mission Statement
The mission statement will be as follows: "the utilization of modern technology in business operations to deliver the highest quality and most effective freight services on a local, national, and even international scale." Even if the organization is utilizing technology that is not the absolute latest available, it nonetheless intends to make full use of it and significantly improve its operations and the efficiency with which they are conducted. Enhancing productivity will lead to higher levels of customer satisfaction, which, in turn, will provide a competitive advantage over businesses operating in the same industry. Comment by Diana Hill: This is too much info for a Mission Statement.
b. IT Vision Statement
The company's( vision) statement is to become the leading freight provider in the southwest area of the United States and the rest of the country by employing technology to increase the coordination of all business units. It will be easier for both clients and freight providers to maintain track of the freights and other business units using the new IT systems. Using the new IT system will help ensure that consumers are treated best and most effectively. This will assist the business in retaining and gaining new customers. Goals can be accomplished with the help of technology. As a result, customers will find the company more appealing than its competitors. Comment by Diana Hill: Is this another Mission Statement? You wrote Mission. This is the vision Statement.
4. IT Governance
A governing board should be in place to guarantee that the strategic plan is implemented promptly. In addition to the IT department's senior management, this board should include members from across the organization. This means that the governance board will be comprised of senior IT management, certain members of the management board, and representation from each of the other divisions of the organization. President, Vice President of Operations, Chief Financial Officer, Chief Information Officer, Sales Manager, and Fleet Maintenance Manager are all members of the board of directors. The head of the IT department and two representatives from each of the other departments will also serve on the board. They will be responsible for ensuring that the organization's stated goals are carried out in governance. It will be the vice president's job to oversee the board's day-to-day operations. Comment by Diana Hill: Complete this section by stating the role of all members on the Board of IT Governance. CIO, CEO, CF0, Fleet Manager, Operations Manager
When it comes to accounting, the chief financial officer is in charge of ensuring that the company's needs are met and checking to see how successfully the latest technological advances are being used. The sales manager's job is to help incorporate client input into the implementation process, and the perspectives expressed will be critical in determining how effectively the process is going. To ensure a smooth implementation, the maintenance manager will submit information on all trucks in the fleet and other pertinent data. All departments will be taken into account, and their opinions will be incorporated into the board's decisions thanks to the participation of departmental representatives. It will be the panel's job to develop new IT ideas and then decide which one should be implemented first.
5. Inventory with Current IT Systems
There are a few IT systems in operation, even though the existing system is being replaced. The finance and accounting systems handle all financial transactions; vehicles are tracked by the fleet maintenance system, which aids in repair and maintenance planning; freight is tracked by the freight tracking system, which keeps track of shipments from the point of collection to their destination. In the table below, you'll find details about the various systems now in use.
|
Current System |
Function/ Description |
Strategic Goal aligned to (strategic business objective from part 2 of this assignment; if compliance noted as business goals were not used, they could still be incorporated in this table. |
Business Unit/ Department |
Business Benefits |
IT Resources only (people, equipment supporting this system) |
|
Finance and Accounting System |
This system has information on all expenses, revenue, and whether or not the company is making profits or losses. |
Ensure financial records are kept in order, and the transactions are carried out smoothly. |
Finance and Accounting department |
Improved accuracy of financial and accounting records |
Servers and PCs, financial systems specialists, programmers, computer security expert |
|
Freight Tracking System |
Currently used to keep track of all freights and trucks from the point of origin to the final destination. |
It helps ensure that the freight delivery process runs smoothly and can be easily monitored by all stakeholders. |
Operations department |
Improved running of the freight operations due to the easy tracking of the freight |
Servers and PCs, network engineers, programmers, computer security expert |
|
Fleet Maintenance System
|
Contains information about the vehicles in the fleet. This helps in planning for repairs and maintenance servicing of the cars. |
Has all information about maintenance, including expenses are schedules of routine maintenance services |
Maintenance department |
It has made easier the process of vehicle maintenance as it contains all information about a vehicle, including expenses, in the fleet. |
Servers and PCs, programmers, computer security expert |
References
Attached Document (Case Study: GG Freightways (GGFRT))
Implement strategy by Strategic Initiatives with ... - PMI. (n.d.). Retrieved March 20, 2022, from https://www.pmi.org/learning/library/strategic-initiatives-program-change-management-1466
Vo, E. (2020). What is strategic planning? Strategic planning process. Retrieved March from https://sba.thehartford.com/business-management/what-is-strategic-planning/