30.docx - Information System INFORMATION SYSTEM \u2014 IT Student\u2019s Name Course Professor\u2019s Name University City(State Date 1 Information System 2

30.docx - Information System INFORMATION SYSTEM u2014 IT...

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Information System 1 INFORMATION SYSTEM — IT Student’s Name Course Professor’s Name University City (State) Date
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Information System 2 Information System — IT Porter’s Value Chain Analysis The value chain is the combination of organizational systems applied in creating products and services. Porter’s value chain is a strategic framework employed to analyze an organization’s value chain. The primary activities within this framework are used in giving organizations a competitive advantage in their core activities to provide them with economies of scale in the industries they operate (Mozota 2010) . As a powerful management tool, Porter’s chain analysis is a collection of primary activities that have elements of marketing sales, services, operations, and inbound and outbound logistics. The objective of these activities is to create value exceeding the costs involved and generate profits. The question of value creation is of fundamental importance to companies since it addresses the economic logic of their existence (Baltzan, Fisher & Lynch 2016 ). The creation of value translates to more profitability and building a competitive advantage. From Porter’s value chain analysis, developing a competitive advantage can be achieved when organizations understand how they create value and look into other ways of adding more value. Manufacturing organizations achieve value creation by transforming raw materials into finished goods, while retailing companies, such as Wal-Mart, assemble a range of products in a building and present them in a convenient way to the customers. About 50% of Wal-Mart products come from overseas suppliers, while more than 75% of their sales are based on non-store stock, which is an inbound practice (Meeks & Chen 2011) . Wal-Mart uses Porter’s value chain by ensuring minimum risks in the supply chain, which is achieved by the ruthless elimination of competitors in the market. In addition, it has formed strategic partnerships with other vendors and attempted to purchase the lowest prices with high bargaining power to maintain cost leadership competitive advantage. Wal-Mart also runs
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Information System 3 outbound logistics, such as launching e-commerce websites, and strives to optimize its outbound routing. Roles and Responsibilities of the MIS Department Management information systems are tools used by businesses to support the operations, information technology, and business processes. The designations for the MIS department are Chief Information Officer (CIO), Chief Security Officer (CSO), and Chief Procurement Officer (CPO). The CIO makes managerial decisions regarding IT systems, while the CSO ensures that security functions add value to the organization. The CPO manages and supervises the organization’s acquisition programs . MIS produces data and manages information that aid business in effective decision making. The roles and responsibilities of the MIS department include planning, coordinating, and directing activities within the organization. In addition, the MIS department is responsible for producing outputs
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