CIS 500 Harnessing Information Management, the Data, and Infrastructure

The importance of information management is to gain the maximum benefits from your company’s information system, which you would have to exploit all its capacities. Information systems gain their importance by processing the data from company inputs to generate information that is useful for managing your operations. Other duties of management is gathering and distributing information, and information systems can make this process more efficient by allowing managers to communicate rapidly. (Markgraf, 2015)
The use of information technology has been an essential part of Wal-Mart’s growth. A decade ago Wal-Mart trailed K-Mart, which could negotiate lower wholesale prices due to its size. They created a computerized system that identifies each item sold, that would finds its price in a computerized database, creates an accurate sales receipt for the customer, and stores this item-by-item sales information for use in analyzing sales and reordering inventory. Aside from handling information efficiently, effective use of this information helps Wal-Mart avoid overstocking by learning what merchandise is selling slowly. Aside from handling information efficiently, effective use of this information helps Wal-Mart avoid overstocking by learning what merchandise is selling slowly. Wal-Mart’s inventory and distribution system is a world leader. Over one 5 year period, Wal-Mart invested over $600 million in information systems. (Koselka, 1992)
Data storage compression can eliminate the many redundancies of stored data and cut storage costs. Many Storage vendors have been slow to implement compression directly into their products because it is technically difficult to implement it at the block level………………..

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