COMMERCE 2KA3 Lecture Notes - Lecture 1: Supply Chain Optimization, Management Information System, Cloud Computing

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Lecture 1: chapter 1: information systems in global b. The role of information systems in business today. Big data consists of pictures, chats, all info about you on internet, from the bank; th information can be accessed and analyzed. Walmart uses technology to figure out how much, what, and when they should pur. Having an item on the shelf costs money; they want to have just enough to co customers. When information from huge volume for data that require new data management tools to capture, store and analyze. Managers adopt online collaboration and social networking software to improve coordination, collaboration and knowledge sharing. Social networkin platforms - faceb and internal soc to deepen interac. Flexible collection of computers on the internet begins to. Mobile devices are able to download application to support collaboration, location-based service and communication with colleagues. Less value on pr solutions and experiences, and internal sources networks of sup collaboration wi customers.

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