The Impact Of Information Technology On Value And Productivity Using A Process Based Approach

RFID systems are currently being used in manufacturing plants to track parts, stay informed of work in progress, reduce product defects, increase throughput, and manage production of given products. Big name retailers such as Best Buy, Metro, Target, Albertson’s, Hewlett Packard, and Wal-Mart are leading the way in implementing RFID systems. These retailers recognize the need to improve inventory efficiency, ensure products are available to customers as needed, decrease theft, and cut down on costs associated with tracking and processing inventory.

Porter’s Value Chain Model (MIS 585 2017 Module 2 slides) categorizes activities as Primary and Support activities. The IT organization led by Matulovic

Radio Frequency Identification Devices (RFID) have been used in the retail industry for more than fifty years as an inventory assessment application tracking product sales and distribution data for goods and services. Current trends of RFID for this industry have been favorable for hi-tech state-of-the-art industries, yet in the past years to 2014 device prices have fallen at an estimated average annual 5.3% primarily due to its characteristic as a "throwaway" inventory or control device. This market segment uses tags or labels, which are scanned and ultimately leave the store with the consumer, eventually disposing of the empty carton or used product. Retailer’s using this application method require multiple components and suppliers are

Radio Frequency Identification is the use of radio frequency waves to remotely identify material. It is primarily used in supply chain management but can be used in other areas. Used as a tracking tool, RFID keeps track of material in the transportation pipeline enabling users to have real time tracking information throughout the entire shipping process. Inventory management is another important logistics element that is enhanced with the use of RFID. The goal of an inventory manager is to maintain a 100% inventory and RFID makes the process more efficient. RFID allows the user to perform inventories with ease and accuracy while reducing the number of people needed to perform the inventory. In addition to assisting with inventory RFID

Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.

The possibility of gaining a competitive advantage is one of the biggest roles associated with information systems. A competitive advantage is defined as anything that gives a firm a lead over its rivals. As business processes become major differentiators for organizations in many industries, organizations are increasingly using analytics to “wring every last drop” of value from those processes (Davenport, 2006). Another benefit of Information systems is their ability to improve your productivity. Smartphones have

Over the last few years the cost declines of Radio Frequency Identification (RFID) technology, combined with improvements in sensitivity, range and durability, have enabled widespread RFID use in the logistical planning and operation segments of supply chain management processes. Specifically, areas such as security and access control, tracking, and monitoring/management will strategically be enhanced from the use of this technology. An RFID tag consists of a microchip and an antenna, often in the form of a tiny ribbon that can in turn be packaged into many forms, such as a label, or imbedded in between the cardboard layers in a carton. On the microchip is stored information about the product that the tag is affixed to, which can then be

In a contemporary business environment, Information Technology (IT) has become a strategic weapon organizations use in enhancing competitive advantages. With benefits that organizations derive IT projects, organizations are continuing embarking on the IT projects to enhance competitive market advantages. Typically, expenditures on

At the same time, companies today are faced with many new digital technology. The use of these “next-generation” technologies (e. g. Artificial Intelligence, Robotic Process Automation, Internet of Things, Machines-to-Machines, Blockchain, etc.) enable companies to simultaneously improve the efficiency of value-creating business processes and the level of support processes, while market achieves competitive

“Outrageous Industry Transformation” (Haag & Cummings, 2013, p. 3). These are the opening words for the course textbook. When one looks across the last decade’s technological advances, one can understand the validity of this statement. As technology forced businesses across the board to reevaluate their business models, it has become critical to have a clear understanding of the advantages, functions, pitfalls, and risks of utilization Information Systems (IS) to move organizations forward and stay relevant in a fast-paced market. Consequently, courses like ISM 270 are essential to lay a solid ground work for the introduction of such concepts. As such, this reflection paper will discuss my journey of learning throughout the duration of the course of ISM 270.

Organization - wide common platform technological applications having lean methodologies of operations are highly appreciated by the firms nowadays. These technological solutions provide better planning of resources and optimizing the processes of the company and profit. The purpose of this research report is to explore one technology that has made a great impact on the supply chain and is increasingly becoming more popular. The Radio Frequency Identification (RFID) as an advanced technology in supply chain management is the technological solution most firms are looking at these days. RFID Technology is a smarter way to track shipments, time deliveries, and keep inventories which in turn makes operations faster and more efficient. Moreover, RFID helps the organization to enhance its overall efficiency. But it does not come without its own pitfalls which delays the adoption of this technology due to cost related and implementation issues. This report aims to identify the attributes of RFID adoption with a focus on importance of RFID in enhancing the supply chain performance, challenges to RFID implementation and its applications in supply chain management.

In this paper we will discuss how Radio Frequency Identification (RFID) influences the role and importance of supply chain management in organizations. This paper will also discuss the prospective evidence that use of RFID will be widespread throughout the industry.

Measures must embrace and cover technical and business performance of IT in an integrated manner [8]. The measures also need to identify the costs and benefits of IS/IT project through prioritizing it and aligning with the strategic direction of organizations. It means taking into account the cost effectiveness and containment, embracing IT/business performance criteria and linking this to the strategic business direction and associated performance competitive of the organization.

In past few years the RFID technology has evolved rapidly, specifically in the field of supply chain. The vital application of RFID technology to business issues and leveraging its information can possibly advance discriminating methodologies, upgrade business discernment, and enhance cooperation crosswise over commercial ventures. (Klein, 2006) Also, supply chains today are helpless against

In current era we have seen many implementations and changes which are globally used for logistics and implemented in several ways. In that RFID is one of the top implementing technologies in logistics. These are mainly used in the supply chain management and tracking persistence and different industries. In logistics management is to confirm the accessibility of resource at minimum cost for production. Make sure they deliver on time the products of low cost to the customer. Logistics is the process of strategically managing finding and storage of materials, part and complete inventory through organizational it’s selling channels in such a way that current futures profits are take advantage of through cost effective fulfillment order. We