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Monday, January 20, 2014

Information Management

Critical evaluation of the strategic importance of selective information circumspection to the 99 Cents single Store line of merchandise strategy, indicating how it provides pass judgment for the connection in its competitive environment. Information perplexity with modify information administrations is an indispensable part of modern day business organizationes. give its business strategy of ever expanding stores and sales and change magnitude gain margin through bargain and bulk buying, 99 Cents Only Stores utilizes information systems covering many aspects of business to come through their business objectives. Particularly, given the nature of business i.e. the uncertainty in the measure and measure of merchandise receiving and the ever changing harvest-tide lines, it is of all-embracing importance for the business to achieve competitive advantage by using information systems. The strategic importance of information way system can be analyzed from the point deliverables. First, what ar the benefits of having such system, whether the system is capable of achieving its objectives i.e. whether it can facilitate let go around the merchandise faster, cheaper and to a greater extent effectively and efficiently than competitors. Secondly, whether the system itself is cost effective and easy to implement and master(prenominal)tain.
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In managing information, the main objective of the company is to keep the cost set ashore and thump most possible return on investing (ROI). In the case of 99 Cent Only Stores, information systems help the company reduce the time involve d in the midst of receiving the product sup! ply and shipping them to the retail store. It provides the staff with more accuracy, despatch and efficiency thus making the full goods getable in store at the right quantity and at the right time. The information systems ability to deal with deli brisk flexibly is very important as 40% of the items are non-repeatable which could also be in very large quantity and may accept quick distribution for various business reasons. Having such a capable information system empowers the...If you take to get a full essay, order it on our website: OrderCustomPaper.com

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