Management Information System (Mis) Research Paper
Plants, factories and mills that use power-driven machinery and equipment are typical in the manufacturing industry. However, it also includes home-based businesses that make hand-crafted goods, as well as bakeries, candy stores and custom tailors that produce and sell their goods onsite. The manufacturing industry is a great tool that drives the nation's economy; it can eliminate the unemployment rate of the country and …show more content…
Information Technology includes the hardware that both computes and communicates; the software that provides data, knowledge, and information while at the same time controlling the hardware; and the interfaces between computers and the tools and machines on the manufacturing shop floor. Information technology can be used to meet up a range of needs of manufacturing decision makers. Information technology has a main role to play in the manufacturing condition of the future. IT will matter all the time, just as the wheel, railroads and electricity remain critical infrastructures underpinning the functioning of today's global economy. When a train brakes down it shuts down just-in-time supply chains. When a black out occurs entire cities stop dead in their tracks.
Traditionally businesses have chosen to espouse one or the other strategy to attain competitive advantage; While Information Technology (IT) is positioned to enable an organization to effectively pursue both a) cost leadership and b) differentiation IT must ultimately be aligned with the core strategy of the firm.
The case for cost leadership via IT is has been better understood than differentiation. IT has been able to directly support cost leadership. To