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Tuesday, February 4, 2014

Information Management

Critical evaluation of the strategic importance of breeding cautiousness to the 99 Cents single Store line of merchandise strategy, indicating how it provides nourish for the connection in its competitive environment. Information perplexity with modify information administrations is an indispensable part of modern twenty-four hours jobes. 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 strive their business objectives. Particularly, given the nature of business i.e. the uncertainty in the measure and quantity of merchandise receiving and the ever changing harvest-tide lines, it is of wide-cut importance for the business to achieve competitive advantage by using information systems. The strategic importance of information circumspection system can be analyzed from the point deliverables. First, what argon the benefits of having such system, whether the system is capable of achieving its objectives i.e. whether it can facilitate permit go around the merchandise faster, cheaper and much effectively and expeditiously than competitors. Secondly, whether the system itself is cost effective and easy to implement and master(prenominal)tain. In managing information, the main objective of the company is to keep the cost follow through and thump most possible return on enthronization (ROI). In the case of 99 Cent Only Stores, information systems help the company reduce the time involved amidst receiving the product supply and shipping them to the retail store. It provides the staff with more accuracy, despatch and efficiency thus making the full goods accessible in store at the right quantity and at the right time. The information systems ability to deal with deli very flexibly is very important as 40% of the items are non-repeatable which could also be in very lar ge quantity and may accept quick distributi! on for various business reasons. Having such a capable information system empowers the...If you necessitate to get a full essay, order it on our website: OrderCustomPaper.com

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