Comments on: What is the competitive advantage for an information system? http://www.relifac.com/is-information-system/what-is-the-competitive-advantage-for-an-information-system Fri, 07 Jan 2011 10:07:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: muncie birder http://www.relifac.com/is-information-system/what-is-the-competitive-advantage-for-an-information-system/comment-page-1#comment-2979 muncie birder Sun, 28 Feb 2010 18:10:59 +0000 http://www.relifac.com/is-information-system/what-is-the-competitive-advantage-for-an-information-system#comment-2979 It is not a competitive advantage any longer. It is a matter of survival. The competitive advantage ended in the 70's. A modern enterprise can not be properly managed or run without an information system. The days of the rooms full of people with green eye shades is over. Even individuals rely on information systems today. Quicken, MS Money, spread sheets. I have a gross of spread sheets. Let us take for example of just one business, the grocery store. Actually, today it is called the supermarket. 30 years ago, they had scores of clerks stamping prices on cans of beans, etc. Then they had scores of clerks keying those prices into cash resisters and other scores of clerks going through the isles trying to determine what they needed to restock. Then they had scores of clerks typing up purchase orders for more beans. Informations systems have eliminated all of that. The bar code on the product, tells the information system the product that was just bought. The information system calculates the price, deducts the item from inventory, and checks against the reorder point, and if that is reached issues an order for more of that item from the vendor and transmits the order to the vendors computer. Do you think that a company such as Walmart could even exist today without information systems?<br><b>References : </b><br> It is not a competitive advantage any longer. It is a matter of survival. The competitive advantage ended in the 70’s. A modern enterprise can not be properly managed or run without an information system. The days of the rooms full of people with green eye shades is over. Even individuals rely on information systems today. Quicken, MS Money, spread sheets. I have a gross of spread sheets.

Let us take for example of just one business, the grocery store. Actually, today it is called the supermarket. 30 years ago, they had scores of clerks stamping prices on cans of beans, etc. Then they had scores of clerks keying those prices into cash resisters and other scores of clerks going through the isles trying to determine what they needed to restock. Then they had scores of clerks typing up purchase orders for more beans. Informations systems have eliminated all of that. The bar code on the product, tells the information system the product that was just bought. The information system calculates the price, deducts the item from inventory, and checks against the reorder point, and if that is reached issues an order for more of that item from the vendor and transmits the order to the vendors computer.

Do you think that a company such as Walmart could even exist today without information systems?
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]]> By: sachin http://www.relifac.com/is-information-system/what-is-the-competitive-advantage-for-an-information-system/comment-page-1#comment-2978 sachin Sun, 28 Feb 2010 17:39:59 +0000 http://www.relifac.com/is-information-system/what-is-the-competitive-advantage-for-an-information-system#comment-2978 today is the age if information and its proper timely and precise management the most accurate information you have the better you are in this world of cut throat competition. as information puts you in better place with competitors, customers, bankers and suppliers etc. etc. etc. and the list is never ending the better informed you are the better equipped you are to face the world<br><b>References : </b><br> today is the age if information and its proper timely and precise management the most accurate information you have the better you are in this world of cut throat competition. as information puts you in better place with competitors, customers, bankers and suppliers etc. etc. etc. and the list is never ending the better informed you are the better equipped you are to face the world
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