Question

Based on Topic: Information Systems in Business Today; Global E-business; Information Systems, Organizations, and Strategy; Foundations of Business Intelligence; RFID Technologies.

The importance of applying information systems and technologies to improve the efficiency of logistics operations was briefly discussed.

Answer 1

answer:

applying information systems and technologies in logistics operations.

Lets first know about the topics given

1. Information systems in business today: in todays time, most of the information collection and analyzing is don’t through the IT infrastructure of the company. These systems help in decision making and the timely availability of relevant data makes it an essential part of the business today.

2. Global E-business: it is basically use of e networks to enter and to do business in global market. Includes transactions in worldwide electronic market.

3. Information systems Organization and strategy: to be more competitive, strategic MIS (management information systems) are applied to develop the overall strategy of the company.

4. foundations of business intelligence: are data base and information management.

5. RFID technologies. Radio-frequency identification: it is to use electromagnetic fields to identify the digitally encoded data through RFID tags or smart labels.

Following are the points which show the importance of applying information systems and technologies to improve efficiency in logistics operations.

1. Helps in overall efficient functioning of the logistics department with the timely availability of the processed information and its application.

2. Aids in planning and control of logistics activities and costs related to order fulfillment.

3. Provide detailed information to the customers with regards to product availability, order status and delivery schedules.

4. Reduces costs by reducing the requirement of inventory and human resources.

5. Both ways operations are very well handled, i.e.. customers, manufacturing and distribution to suppliers, procurement to credit handling.

6. Day to day operations are well defined and clearly stated so as to make sure there is efficient utilisation of resources.

7. Helps gain competitive advantage, by providing tactical information for strategic decision-making process.

8. Helps focus on high customer satisfaction in low cost.

9. Makes information readily available for other departments like finance, marketing, manufacturing so that they can take decision knowing well about logistics.