EDI to the rescue - more productivity, less paperwork
Article Abstract:
Electronic data interchange (EDI), which is a form of of electronic communication which allows two firms to exchange business transaction information in formats that are structured, may help businesses to improve productivity while reducing paperwork. Firms that could benefit from EDI are firms that may find that they: lose time due to substantial paper flow; lose time because of excessive financial or personnel resources devoted to managing paperwork; and need to track manufacturing orders. EDI enables businesses to: eliminate errors; detect errors quickly; and compress business cycles. EDI requires specific technology, but firms should also consider whether trading partners will participate; whether an organizational culture will go along with changing business practices; and whether existing technology can accommodate EDI.
Publication Name: Business
Subject: Business
ISSN: 0163-531X
Year: 1989
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Debunking the myths of strategic information systems
Article Abstract:
Many firms, such as Lithonia Lighting Inc and Avon Products, have achieved success by implementing advanced information management systems which have improved business efficiency, competitiveness, and effectiveness. However, there are six typical myths associated with strategic information systems which can affect results such as believing: gains in competitive advantage are carefully planned; sustainable competitive advantage can be developed; and innovation for competitive advantage originates with an information systems group. Managers which want to use information systems without buying into myths should: analyze business processes before technology; involve information systems (IS) staff with persons outside IS departments; and understand that innovation is an on-going process.
Publication Name: Business
Subject: Business
ISSN: 0163-531X
Year: 1989
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How image processing is changing business
Article Abstract:
Image processing, the process in which documents are changed into a digital form, is an innovative technology which is already providing businesses with new opportunities. Currently, it can be used as a marketing tool as part of joint design efforts and to facilitate employee training. The adoption of image processing has been enhanced by four areas of information technology, including: decreased storage costs, new computer chips, new ways to compress information, and new optical storage methods. Firms that want to determine if they should adopt image processing should analyze certain issues, including: document management requirements, the need for customized training programs, and the need to access special customers and market niches.
Publication Name: Business
Subject: Business
ISSN: 0163-531X
Year: 1990
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