Accs 1143 Aeon Assignment

Task 1

   The company was established in September 1926. In 1970, there are three firms, Futagi, Okadaya, and Shiro, shape together become JUSCO Co., Ltd. The employees voted to name the company "Japan United Stores Company". On August 21, 2001, the company became AEON Co., Ltd. On August 21, 2008 the corporate structure changed to AEON Co., Ltd. became a holding company while AEON Retail Co., Ltd. took over the retail operations formerly held by AEON Co., Ltd.

AEON a retailer company, formally known as JUSCO, the company was established in 1926 headquartering in Chiba, Japan. And from Jaya Jusco Sdn.Bhd a local Malaysia company, in 1983 Malaysia Prime Minister invited JUSCO to set up its store at Malaysia. In 1995 the first JUSCO had been set up in Bandar Utama and Bandar Baru Klang. In March 2011, all JUSCO company in Japan re-branded themselves into AEON, since that, starting from 2012 all JUSCO in Malaysia officially changed their name in AEON as well. As such, AEON continues to grow day by day in Malaysia until today it becomes a well-known shopping centre in Malaysia

Products and/or services:

    As in the services and products offered by AEON, they offered a variety of high quality products with a reasonable. For example, selling goods ranging from clothing, food, household goods, and other merchandise. Except from that, they also provide booth and shop lots for public to rent and conduct their business activities in AEON.

Organization chart:

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Human resource department

- Recruiting and staffing, Training and development of staff.

- Managing job recruitment, selection, and promotion. Developing, promoting, and enforcing personnel policies. Promoting employee career development and job training

Information technology department

- Equip company with latest hardware, software

- Provide maintenance services to all related electronic equipment

New business development

- Produce own brand item for sale

- Seeks for new business opportunity

Production Department

-Manufactures goods for the business which are then sold in order to bring profit to the company.

- Responsible for the designing of the goods or products of the business which are sold to other company.

Sales Department

-Develops sales plan and strategies for developing business.

-Provide detailed and accurate sales forecasting and tracking the same.

(1) Department: Production department

      Information System: Inventory system

      How to reduce the operational costs: An inventory control system is a system that encompasses all aspects of managing a company's inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering. In different firms the activities associated with each of these areas may not be strictly contained within separate subsystems, but these functions must be performed in sequence in order to have a well-run inventory control system. Computerized inventory systems create it’s potential to conform the various pragmatic subsystems that are a part of the inventory management into one cohesive system. By using this system, the cost used for purchasing paper can be highly reduced. Apart from that, manpower can also as well be lessening thus lesser payroll the company has to pay.

(2) Department: Sales department

Information System: Point of Sales System

How to reduce the operational costs: First is reduce marketing costs and time. Marketing is a vital part of growing a business, leaving many owners spending a lot of time and money on reaching as many clients as possible. When coping with competition and an outsized customer base, it can become very expensive, time consuming and overwhelming to try and might have to do it manually. Marketing services are typically expensive to hire, and the money spent on them is much better focused on store operations, improving the customer experience and additional stock.. POS systems permit the users to collect customer contact information with ease, permitting you to inform them of sales and other promotions. As opposed to reaching out individually, the POS user can simply send out mass emails.

  Second is reducing the cost of the receipts. An usually unnoted overlooked business expense is the upkeep of receipt printers, which can often run into the thousands. This expense eventually out prices the cost of the printer itself. Ink cartridges are typically costly, and therefore the average receipt has several pictures and blocks of text that exhaust them rapidly. The printers are also unable to be repaired by the end user, leaving them to pay for specialists to repair the device. POS systems provide customers the selection of receiving a receipt in their email, which is far more convenient and attractive to shoppers. Your receipt printer gets additional longevity and you do not have to depend on business machine repair services which that will charge high rates. POS systems positively replace the additional expensive and time overwhelming operations thus employees can focus on customer interaction and driving up revenue.

  Third is eliminating multiple data entry. This can also lead to additional lines at the register, long wait periods on the phone, and disgruntled customers departing the store due to impatience. Not only has the sale been lost, they may share their experience with others, costing clientele and revenue. A POS system allowing your employees and managers to access important store and customer data on-demand brings additional potency and productivity to your store.