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Mis500 | Foundations of Information Systems.

   

Added on  2022-08-25

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Running head: MIS500 FOUNDATIONS OF INFORMATION SYSTEMS
MIS500 FOUNDATIONS OF INFORMATION SYSTEMS
Name of student
Name of university
Author’s note:
Mis500 | Foundations of Information Systems._1

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MIS500 FOUNDATIONS OF INFORMATION SYSTEMS
Table of Contents
Introduction....................................................................................................................2
Issue................................................................................................................................2
Literature review............................................................................................................3
Recommended solution..................................................................................................5
Marketing information system...................................................................................5
Enterprise resource planning......................................................................................6
NetSuite ERP system.................................................................................................7
Challenges of ERP system.........................................................................................9
Conclusion....................................................................................................................10
References....................................................................................................................12
Mis500 | Foundations of Information Systems._2

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MIS500 FOUNDATIONS OF INFORMATION SYSTEMS
Introduction
The fashion industry is considered to be among the most competitive industry with
various competitions among the brands and the companies. Among these companies, Fibre
Fashion in Australia has emerged as the unique organisation with the extensive knowledge
along with the abilities in the revolutionary alterations in the supply, management style,
processes as well as the implementation of information technology. In the present times, the
use of conventional business methods are proving to be quite inefficient in handling the
increased amount of customers and the customer demands. The need of the customers of
innovative products and fast services is causing significant issue in the company and
managing the data of customers is also becoming challenging. This report intends to suggest
a new information system to Fibre Fashion that would allow the company to manage their
business with extensive efficiency.
Issue
Presently, due to the significantly low amount of customers in the business, the
company has been using the spreadsheets for maintaining their business data. With gathering
all the data of the market and the customers, the organisation executed the analysis of the data
for gaining the intelligence of the customer preferences and then the customer demands are
handled. Presently, with the increase in the number of the customers in the organisation, the
company is not able to handle the increased amount of the customers and the spreadsheets are
growing to be a liability to the organisation. The company presently needs extensively
updated data for working properly and provide various products to the customers but with the
use of spreadsheet in the organisation, the IT department is not able to enter the data in the
spreadsheets in real time and huge amount of data is lost. The transactions made by the
customers is also stored in the spreadsheets and it is presently becoming troublesome to
Mis500 | Foundations of Information Systems._3

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MIS500 FOUNDATIONS OF INFORMATION SYSTEMS
search the transaction of any particular customers from the spreadsheets. The IT department
cannot maintain the increased amount of spreadsheets that are stored in the storage of the
company. Due to the improper management of the data of customers, the company is not able
to provide the optimised services. The suppliers information is also stored in the spreadsheets
and if the spreadsheets are not updated daily, then there have been situations where there
have been significant discrepancy in the transactions made with the suppliers.
Literature review
It could be considered that several companies are extensively dependent on the
spreadsheets for running their organisation properly. Several businesses have become
extensively dependent on the spreadsheets for managing their crucial business processes that
includes the contracting, calculations of payment, the inventory, data management, as well as
the invoicing. The company frequently consider that there are not so much choices but only
to use the spreadsheets for managing their data. Frequently the organisations are required to
be utilise something for managing their business operations, but their prevailing system is
unable for handling the operations as required (Fredrick & Christopher, 2019). The fact that
the organisation have the needs beyond what the spreadsheets have to provide is not terribly
surprising as several businesses are distinct and they also possess the particular requirements.
The crucial aspects where the spreadsheets are lacking could be considered as:
Reporting: The spreadsheets are presently lacking the extensive ability of allowing the
organisation in viewing the data across the various spreadsheets. The sorting of the multiple
spreadsheets and the countless numbers for compiling the data could be extensively
confusing and extensively time consuming. It has been considered to be extensively
troublesome for providing the meaningful reporting deprived of being able to aggregate as
well as the properly determine what the data in the spreadsheet is conveying. Finally, it has
Mis500 | Foundations of Information Systems._4

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