What is vmi and give 1 advantage of using the latter, Management Information Sys

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QUESTION

ABC Company deals with the supply of car parts. As a newly established firm, it needs to create and define its IS strategy

(a) Describe the three categories of Information Management applications that ABC Company will need to support management decisions within its organisation

(b) Name 4 modules available through an ERP that ABC Company could use for its benefit

(c) An important part of ABC Company's strategy is to be able to build and keep long-term business with its customers. What module of an ERP caters for this? Describe each of its 4 elements

(d) The manager of ABC Company wants to know how all the information stored will bring value to his organisation. Give 4 examples to illustrate this

(e) ABC Company is also advised to use VMI. What is VMI and give 1 advantage of using the latter


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