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The Information or Knowledge Management System

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Added on  2020-04-29

The Information or Knowledge Management System

   Added on 2020-04-29

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1.Describe the information or knowledge management systems that may exist at the following locations:a.Victory Sports storeInventory management system, sales management system, cash management system and stock management system are the various knowledge management systems at the Victory Sports storeb.The warehouseWarehouse knowledge management system would include Inventory management system, raw material management system and system managing outflow of stocks and inventory.c.Victory Sports head officeKnowledge management system that the head office would require is system having knowledge of all stores and stocks in each store. Additionally, head office would require knowledge of employees and products in various stores [ CITATION Dal13 \l 1033 ]V2017.T4. 1.1BSB50215 Diploma of Business/ BSBINM501/ 2017/ T4/ Assessment Tool Page 1 of 8
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2. What measures might be used to assess effectiveness of each of these systems? These systems can be measured by analysis of knowledge quality, audits of the system and level of kneeled available and benchmarking cross organisational knowledge and comparing own knowledge management system to other organisations. Also, all the systems will be considered effective if they are able to provide upgraded knowledge and information to all concerned [ CITATION Dal13 \l 1033 ]3.What legislative requirements may apply to the systems at each Victory Sports location?Legislatives pertaining to minimum working hours, health and safety and other workers related legislatives may apply to the stores, warehouse and head office of Victory Sports.. Additionally the systems will have to comply with product quality, taxation and transportation system related legislations[ CITATION Dal13 \l 1033 ]4.Does each company organisational policies and produces comply with relevant legislative requirements and the company’s individual organisational goals? Each Victory Sports company organisation tries to strive towards achievement of company goals of meeting sales target and it tries to comply with legislative requirements. Knowledgemanagement systems help in understanding and implementing all legislations pertaining to workers, products and taxation. Therefore, through effective implementation of legislations knowledge management system can work effectively for Victory Sports[ CITATION Hua09 \l 1033 ]5.Imagine you are conducting a review of the warehouse system at Victory Sports.a.How might you measure the effectiveness of this review? The review of warehouse system of Victory sports will be effective if all aspects of the warehouse systems are checked for effectiveness. For example, assessment of time and efficiency of raw material and product inflow and outflow. Additionally, assessing whether all concerned have updated knowledge of the warehouse inventory and time of stock taking and delivery will help in assessing its effectiveness[ CITATION Dal13 \l 1033 ]b.What challenges might you expect when implementing the upgradeto this system? Workers working with in the warehouse system may resist changes. Also people may find it difficult to understand the changes initially.Moreover, upgrading of knowledge management system may change the dynamic of work at the warehouse or it may change the time of stock taking etc., which may lead to initial chaos as all stakeholders may not adapt to the changes in a fast manner[ CITATION Dal13 \l 1033 ].V2017.T4. 1.1BSB50215 Diploma of Business/ BSBINM501/ 2017/ T4/ Assessment Tool Page 2 of 8
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c.How might you resolve these challenges? Giving proper training to workers regarding the changes and educating them regarding the implementation of changed system will help in reducing resistance. [ CITATION Dal13 \l 1033 ]V2017.T4. 1.1BSB50215 Diploma of Business/ BSBINM501/ 2017/ T4/ Assessment Tool Page 3 of 8
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