.

Saturday, January 11, 2014

Putting a Price Tag on Information: A Study of Electronic Data Interchange

Information engine room (IT) can be viewed as a pecuniary drain on a confederation since it is a ample investment that requires justification. Previous studies have not been fitting to accurately pay back information that would lead to a valuable return on investment (ROI) beca procedure of the complexness of the technology. The necessary factors had not been interpreted into account. Factors like the quality of the form of a system and the space of time entropy had been collected. A submit was conducted that was dedicated to i particular technology, EDI, because of the rise in use of it by salient companies. It was also one technology that had been in use commodious enough to obtain a large amount of data over a long period of time. Two students of the Graduate discipline of Industrial presidentship at Carnegie Mellon University, Tridas Mukhopadhyay and Sunder Kekre; and Suresh Kalathur who is employed at Cimnet Systems, Inc. in Illinois, sought-after(a) to est ablish more accurate formulas in calculating a more effective ROI for EDI and gear up their bringings available for management to make more informed decisions. The researchers chose Chrysler Corporation to use in the study because the company had been using EDI for the last 10 years.
Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!
This gave the researchers over a decade of data to use to find out if the company had achieved its goal of reducing the cost per fomite by 30 percent. After Chrysler had outsourced their component and subassemblies, they were still experiencing issues with communication theory with suppliers and their concourse plants. EDI was b rought in to change material flows and imple! ment JIT practices to stifle stock certificate levels and the need for rush deliveries (Mukhopadhyay, et al, 1995). The data integrity was challenged and bonny pricey to the company. The theory behind the study is that EDI should... If you want to set eat up a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper

No comments:

Post a Comment