The Impact Of Information Technology On Value And...

Measuring the Impact of Information Technology on Value and Productivity using a Process Based Approach: The case for RFID Technologies Guided by: Ms. Reshmy Akshay Mistry Anuj More TIMSCDR TIMSCDR ABSTRACT :- There has been a lot of research addressing the relationship between Information Technology (IT) investments and productivity. Most of the work has been based on firm-level metrics such as total IT investment. We present what we believe is one of the first attempts to create a systematic methodology to assess the impact of IT in business process performance metrics. Our approach builds on the MIT Process Handbook as a basis to both guide the analysis and capture the resulting knowledge for future use. We will present preliminary results on how to use such methodology to analyze the impact of a given IT technology, namely RFID (radio frequency identification devices), in performance metrics of a consumer packaged goods company. We are interested in looking at how IT may impact performance metrics such as productivity, cost and value. We believe our methodology can help CPG companies prioritize their investments. INTRODUCTION :- The attention given to radio frequency identification (RFID) has been going up steadily throughout the past years given the remarkable benefits it can provide. In particular, the application of RFID to the consumer packaged goods (CPG) supply chain has been one of the first to capture large scale adoption, with companies like WalShow MoreRelatedTechnology s Impact On The Global Landscape1026 Words   |  5 Pagesenvironment. Over the past decades, the developments and improvements in Information Technology (IT) have had a profound impact on the global landscape as well as the regular corporate working environment. With the help of advanced Information Technology, businesses are able to process and operate its daily works more accurate and easier. 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