1. WEEK 4 PURCHASING & INFORMATION TECHOLOGY

2. WHAT IS INFORMATION ? INTRODUCTION TO SUPPLY CHAIN MANAGEMENT CAREER

3. DEFINITION DATA INFORMATION KNOWLEDGE

4. DEFINITION Data is unsummarised facts & is the raw material. Raw facts describings persons, place, things or event that have occurred or about to take place. They are independent, unrelated & unlimited in number. DATA INFORMATION KNOWLEDGE

5. DEFINITION Information is data that has been processed into a form that is meaningful to the person who received. DATA INFORMATION KNOWLEDGE

6. DEFINITION It is that which we come to believe and value, based on the meaningful organized accumulation of information through experience & communication DATA INFORMATION KNOWLEDGE

7. The relationship :

8. BEST DEFINE AS DATA IS THE REALITY THAT A COMPUTER RECORDS, STORES & PROCESSES. INFORMATION IS WHAT A PERSON IS ABLE TO UNDERSTAND ABOUT REALITY. KNOWLEDGE IS WHAT A BUSINESS USES TO MAKE DECISIONS.

9. BEST DEFINE AS DATA IS THE REALITY THAT A COMPUTER RECORDS, STORES & PROCESSES. INFORMATION IS WHAT A PERSON IS ABLE TO UNDERSTAND ABOUT REALITY. KNOWLEDGE IS WHAT A BUSINESS USES TO MAKE DECISIONS.

10. BEST DEFINE AS DATA IS THE REALITY THAT A COMPUTER RECORDS, STORES & PROCESSES. INFORMATION IS WHAT A PERSON IS ABLE TO UNDERSTAND ABOUT REALITY. KNOWLEDGE IS WHAT A BUSINESS USES TO MAKE DECISIONS.

11. BEST DEFINE AS DATA IS THE REALITY THAT A COMPUTER RECORDS, STORES & PROCESSES. INFORMATION IS WHAT A PERSON IS ABLE TO UNDERSTAND ABOUT REALITY. KNOWLEDGE IS WHAT A BUSINESS USES TO MAKE DECISIONS.

12. INFORMATION CHARACTERISTIC Accuracy Relevance Completeness Simplicity Economy Timeless Intelligible Veracity

13. INFORMATION CHARACTERISTIC Accuracy Relevance Error free Completeness Simplicity Economy Timeless Intelligible Veracity

14. INFORMATION CHARACTERISTIC Accuracy Relevance All required info is available Completeness Simplicity Economy Timeless Intelligible Veracity

15. INFORMATION CHARACTERISTIC Accuracy Relevance Completeness Simplicity Must not more than the info worth Economy Timeless Intelligible Veracity

16. INFORMATION CHARACTERISTIC Accuracy Relevance Completeness Simplicity Economy Timeless Must be preserved for other to understand Intelligible Veracity

17. INFORMATION CHARACTERISTIC It should be related for recipient to make decision. Accuracy Relevance Completeness Simplicity Economy Timeless Intelligible Veracity

18. INFORMATION CHARACTERISTIC Accuracy Relevance It should be simple & not to complex. Completeness Simplicity Economy Timeless Intelligible Veracity

19. INFORMATION CHARACTERISTIC Accuracy Relevance Completeness Simplicity The info is available when needed. Economy Timeless Intelligible Veracity

20. INFORMATION CHARACTERISTIC Accuracy Relevance Completeness Simplicity Economy Timeless The info can be checked for accuracy. Intelligible Veracity

21. ABSENCE OF THE CHARACTERISTIC Incomplete data Narrow knowledge base Lack of accuracy Information overload Wrongly processed Exception to general rule

22. INFORMATION SYSTEMS The means by which organisation and people utilising appropriate technologies gather, process, store, use, and disseminate decision.

23. INFORMATION SYSTEMS Transaction processing system (TPS) Management reporting system (MRS) Decision support system (DSS)

24. INFORMATION SYSTEMS Transaction processing system (TPS) Requires a record to be generated for processing in a data processing system. Management reporting system (MRS) Decision support system (DSS)

25. INFORMATION SYSTEMS Transaction processing system (TPS) This system provides info and support for effective decision making. Management reporting system (MRS) Decision support system (DSS)

26. INFORMATION SYSTEMS Transaction processing system (TPS) Are designed to enable an individual or group to make decision by summarising all relevant. Management reporting system (MRS) Decision support system (DSS)

27. INFORMATION TECHNOLOGY THE ACQUISITION, PROCESSING, STORAGE, & DISSEMINATION OF VOCAL, PICTORIAL, TEXTUAL & NUMBERIC INFORMATION BY MICROELECTRONICS BASED COMBINATIONS OF COMPUTING & TELECOMMUNICATIONS.

28. INFORMATION TECHNOLOGY

30. Digital camera

31. Electronic point of sale register

32. Laser scanners

33. Magnetic stripe card

34. Questionnaires

35. Scanner

37. TELECOMMUNICATIONS & NETWORKING

38. E-COMMERCE & E-BUSINESS E-COMMERCE IS THE EXCHANGE OF INFORMATION ACROSS ELECTRONIC NETWORKS, AT ANY STAGE OF SUPPLY CHAIN, WITHIN ORGANIZATION, BETWEEN BUSINESSES AND CONSUMER, PUBLIC AND PRIVATE SECTORS.

39. The relationship :

40. WHAT ARE THE IMPACT OF IT ON PURCHASING & SUPPLY ?

41. WHAT ARE THE IMPACT OF IT ON PURCHASING & SUPPLY ?

42. WHAT ARE THE IMPACT OF IT ON PURCHASING & SUPPLY ?

43. WHAT ARE THE IMPACT OF IT ON PURCHASING & SUPPLY ?