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Importance of information technology in company
Importance of it in today's business
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INTRODUCTION TO INFORMATION MANAGEMENT
Information management is a foundation to conducting business nowadays. Information system has become more essential in helping an organization conduct their operation. Organizations are trying to become more efficient so that they can survive in this technological era. They become more attached to transform themselves into digital firms when all core business processes and relationship with customer, suppliers and employees are digitally enabled. There are two forms in defining the Information Management, from the technical view, information system collects, stores and disseminates information from an organization’s environment and internal operations to support organizational functions and decision making, communication, coordination, control, analysis, and visualization. Information systems transform raw data into useful
Information through three basic activities: input, processing, and output. From Business point of view, an information system prove to be a solution to a problem or challenge facing a firm and provides real economic value to the business.
INFORMATION MANAGEMENT IN HITACHI TRANSPORT SYSTEM (M) SDN BHD
Hitachi Transport System (M) SDN BHD is one of the branches of main Headquarter in Japan called Hitachi Transport System, Ltd. Hitachi Transport System (M) is a logistic company that serve under the Hitachi Ltd, the one that starts all, from air-condition to ultra- heavy machinery. In 1950, Hitachi Ltd. spun off its logistics department to form a separate distribution subsidiary. It is created to broadening the scope of the business. Of course, Hitachi Transport System becomes the sole Logistic Company in charge of import and export for Hitachi, Ltd product. But beside, t...
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...stem at overseas sites even faster, and the system can be installed without major customization simply by changing the settings for the relationships between the various master data such as those for part numbers and customer data.
The GSLG tracking system takes data from the GFMS and GWMS systems and uses the Internet to give customers access to the logistics information that they require. Standard features include functions for presenting information about the movement of freight and their status during shipment or warehousing, producing shipping documentation such as invoices and packing lists, automatic updating of shipment tracking information by linking in to the GLN (global logistics network) run by Descartes Systems (Japan) Ltd., and procurement support and delivery date management. The system’s functions have been further enhanced by the current rebuild.
Chapter one is an examination of different definitions of ‘information’ to support the concept of ‘informa...
Asemi observe that Management Information System (MIS) is one of the information systems that is computer based. Besides, Asemi defines MIS as “an organizational method of providing past, present and project information related to internal operations and external intelligences. It supports the planning, control and operation functions of an organization by furnishing uniform information in the proper time frame to assist the decision makers,” (2011). The aim of MIS is to satisfy the general information need of the entire manager in an organization. Before the advent of computers, the process of decision-making was one that was full of built-in advantages and ad hoc methods. Computers technologies have changed the landscape of the decision-making process completely by making the process less demanding and easy to undertake. The reason for this situation is that information technology has made access to information more automated, efficient, effective, timely, and less ambiguous. Consequently, the ordinary t...
The initial investment also involved creation of solutions designed to help the company navigate the challenges in the shipment industry. In line with its long term growth strategies, the company has created an innovative, enabling environment that encourages teamwork and rewards success. Case in point is the heavy investment in the tools and equipments like the chassis, trucks and fleet management solutions. In an effort to achieve its corporate objectives, the company has also come up with several custom solutions that have gone a long way to meet and exceed client’s expectations in regards to transportation, warehouse storage and freight trucking needs. The company will continue with its mission to offer high quality services in the following key
In the business world today, technology is becoming an essential staple. Every big business relies on it one way or another. More importantly than just technology itself, the use of management information systems is what guides a company in terms of catering to its customers and knowing what moves to make next. Management information systems (MIS) can be defined is the study of people, technology, and organizations (What is MIS?). However, that is a very general definition because there is a lot more that comes out of the use of these MIS systems.
Federal Express was launched in 1973. In the beginning it serviced such an express delivery corporation then over time has converted a global logistics and supply chain management corporation. In course of time the corporation has greatly invested in their information technology systems and since the begin of the internet in 1994 have advance integrated their systems to supply services along its clients’ supply chains (...
Omni Logistics uses a Transportation Management System (TMS) that allows each shipment to be customized to its specific requirements. Every step of every shipment is customizable. This system eliminates reliance on SOP’s and special instructions. Process steps become part of the shipment lifecycle. It also allows ad-hoc process steps for special circumstances and new requirements can be immediately integrated. Moreover, the customer can track their shipment and use the reporting tools of OmniTrak or use OmniDash to view their shipments in real-time. The other software that is used is either domestic ground or international GPS
It has implemented ERP which helps them to integrate and share information between different verticals of the organization. The company’s product development is extremely fast. Also, the production line is very flexible and efficient.
In the beginning, businesses used information technology for automating the processes primarily to reduce labor costs. Subsequently, information technology is used for delivering information with speed and accuracy.
The evolution of Information Technology acted like a thrust in boosting the business. Many organizations invested lot of money to build IT infrastructure and analysis also indicates a rise in the percentage of amount that companies are investing in IT. IT acts as a bridge between companies and the customer’s and also brings together all the branches of an organization. The way IT is viewed has change over the time, earlier executives of an organization believed that computers, typewriters etc are meant for the lower level staff; but the trend has changed completely, managers of an organization emphasize about the value of using information technology to gain an edge over their competitors and are supporting the idea of digitizing business models. Many companies started hiring chief information officers and some of them are relying on strategy consulting firms. IT is viewed as a resource which has the potential to influence the economy.
Toyota’s core competencies seem simplistic, yet they are very powerful. There are two in which they focus on which is continuous improvement and respect for people. These core competencies are a part of their production system, better known as the Toyota Production System (TPS). The TPS is based on the philosophy “completely eliminating all waste”. Excess inventory, defective products, and unnecessary processing steps are all inclusive when discussing excessive waste, which eventually negatively effects the corporation as a whole. In 1924, Sakichi Toyoda created the Toyoda Automatic Loom, which improved productivity and work efficiency by eliminating wasteful practices and defective products. Kiichiro Toyoda believed that “the ideal conditions for creating things are more successful when machines, facilities, and people work together to add value without generating any waste.” (The orgin of the toyota production system,
University of Phoenix. (2006). Course Syllabus. Retrieved September 26, 2006, from University of Phoenix, CIS/564.4 - Information Management in Business Web site, https://classroom.phoenix.edu/afm203/secure/view-thread.jspa?threadID=1176244
...e SMS will be sent) who can go to the branch to get his car. The shipping system records information about the sender such as the sender car, truck number, etc.. and it also records information about the client. Then these information are linked together. Reports about each product with information about client and sender are written (let us say weekly) and these reports are sent to the top management so that every process is monitored to follow any problem if found and try to enhance the procedure. Also this information can provide which branch is working the best and which is working the least so to enhance the quality of work. This is a strategy that the company is following in order to reach its objectives found in the mission.
In logistic industry, they have been through lots of challenge in worldwide market. As the containerization of the global economy scopes, a phase of development and explanation, ports find themselves inserted in ever changing commercial environment where logistics is the forefront. Thus, this industry reaches a phase of maturity and rationalization due to the process of logistic on land.
Therefore, AIS has several roles. A main role is to integrate all information system for effective management within a company, connecting different departments with relevant information. Another role is to assist the organisation to make decisions by preparing different reports and evaluating information. It also provides a company with a control and safeguard internal information ((Kim and Solomon 2006).
Tata motor’s has been India’s largest Automobile Company in the industry for decades. Tata wanted to grow and extend its market worldwide, which led to the organizational change in the Company. The Company had to take various steps and bring in a lot of changes. It had to go through changes also because it was making various acquisitions and collaboration with international companies.