– Information and Knowledge Management Systems

In: Business and Management

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Tim Rosenberg – Information and Knowledge Management Systems – 6003008

The increasing complexity faced with global supply chains require companies to process information at high speeds. In order for supply chain staff to provide more consistent ways of processing data, complex IT strategies need to be integrated into the corporation. With a constantly changing supplier landscape, supply chain professionals need to be well versed in the companies Knowledge Management systems and processes. The ability to convert data into knowledge at high speeds will keep your corporation competitive. Whenever there is a new business unit opened corporations rely heavily on accurate purchasing, production, and customer service information in order to function properly.
With the Board’s decision to vertically integrate the institution by opening a new business unit, the corporation needs to retain the knowledge that is captured throughout the parent company. It is also essential that both business units act interchangeably and share processes. For this to happen their needs to be a common system where information can be stored and accessed instantly anywhere in the world. I am proposing to the Board a switch to an IT service with integrated cloud based solutions, Oracle E-Business suites. Allowing information to flow freely between units will insure the corporation maintains a high ROI on their latest capital expenditure.
The issue with the current ERP system is that it is incompatible between departments. If the parent company cannot translate data internally, how can a new business unit budget inventory, provide accurate demand forecast, or have accurate purchasing systems? Oracle suites provide each department a tailored program which then converts the data into easy to use cloud based databases. The availability of data will allow the corporation to share information at…...

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