Study Document
Management Information Systems Managing Information Thesis
Pages:3 (992 words)
Sources:3
Subject:Technology
Topic:Management Information System
Document Type:Thesis
Document:#53276012
The most critical elements of how MIS systems and processes are contributing to efficiency of enterprise-wide procurement strategies also includes cost reduction through process improvement (Bernstein, Kok, 554, 555). The distributed order management process workflow specifically that links suppliers to companies purchasing their products relies in a high degree of pricing, product availability and data synchronization to function correctly. The use of MIS systems and processes together are automating the distributed order management process globally for companies who have suppliers located around the world. These supplier networks (Bernstein, Kok, 567) are supported through XML-based connectivity and integration to ensure real-time data is available. With this data, companies can better manage their supply chains to performance levels not possible without the analytics made possible through the use of MIS systems and data.
Recommendations
The future trends in data security will continue to focus on the high level of mobility WiFi, RFID (Ozdemir, Xiao, 2022) are providing companies in expanding their businesses. As a result of this expansion Web Services (Hondo, Nagaratnam, Nadalin, 240, 241) will continue to need to be secured. Procurement will continue to benefit from the highly collaborative applications being development as part of the en masse adoption of Web 2.0 technologies (Snow, 4, 5). In conjunction with broader adoption of XML as a secured communications link, procurement will migrate away from being focused on serial, serially-based processes to center more on truly collaborative, multi-workflow environments. Procurement is in the process of evolving into private trading exchanges and networks (Bernstein, Kok, 560, 561). This migration to a more collaborative platform will continue for the next several years as cross-supplier coordination and forecasting becomes more accepted in support of larger manufacturers whose entire production operation is predicated on tight synchronization of suppliers both among themselves and with buyers as well.
References
Bernoff, J., and C. Li. "Harnessing the Power of the Oh-So-Social Web. " MIT Sloan Management Review 49.3 (2008): 36.
Bernstein, F., and A. Kok. "Dynamic Cost Reduction Through Process Improvement in Assembly Networks. " Management Science 55.4 (2009): 552-567.
Blanca Hernandez-Ortega, Julio Jimenez-Martinez, and M. Jose Martin-DeHoyos. "The effect of experience on web procurement: An intersectorial analysis of small firms. " International Journal of Entrepreneurial Behaviour & Research 15.1 (2009): 7.
M Hondo, N Nagaratnam, and A Nadalin. "Securing Web services. " IBM Systems Journal 41.2 (2002): 228-241.
Kangasharju, J., T. Lindholm, and S. Tarkoma. "XML Security with Binary XML for Mobile Web Services. " International Journal of Web Services Research 5.3 (2008): 1-19.
Billy BL Lim, and H. Joseph Wen. "The impact of next generation XML. " Information Management & Computer Security 10.1 (2002): 33-40.
Andrea Ordanini, and Gala Rubera. "Strategic capabilities and internet resources in procurement: A resource-based view of B-to-B buying process. " International Journal of Operations & Production Management 28.1 (2008): 27.
Ozdemir, S., and Y. Xiao. "Secure data aggregation in wireless…
Sample Source(s) Used
References
Bernoff, J., and C. Li. "Harnessing the Power of the Oh-So-Social Web. " MIT Sloan Management Review 49.3 (2008): 36.
Bernstein, F., and A. Kok. "Dynamic Cost Reduction Through Process Improvement in Assembly Networks. " Management Science 55.4 (2009): 552-567.
Blanca Hernandez-Ortega, Julio Jimenez-Martinez, and M. Jose Martin-DeHoyos. "The effect of experience on web procurement: An intersectorial analysis of small firms. " International Journal of Entrepreneurial Behaviour & Research 15.1 (2009): 7.
M Hondo, N Nagaratnam, and A Nadalin. "Securing Web services. " IBM Systems Journal 41.2 (2002): 228-241.
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