Sunday, June 16, 2019

Impact of Information Systems on Aalsmeer Flower Auction Essay

Impact of Information Systems on Aalsmeer Flower Auction - Essay ExampleThis paper illustrates that as the world moves one step introductory each day, the advancements in education systems move a hundred step ahead, and has advanced to an extent that once considered as a support function, today information systems drive the business model for many organizations. An interactive information system of the base organization allows its stakeholders to interact with the system in various forms and modes, with differing practiceds and restrictions. The classical pattern of such a scenario is the Walmart-P&G strategic partnership whereby the IS is inter-linked allowing the supply chain to be automated for inventory replenishment as well as for ensuring that the right product is placed at the right place, in the right quantity. Auction websites follow a business model that is based in the whole kernel on the fundamental of the information system. A classical example of such models has be en applied at eBay, Souq, etc. Amazon is another classical application whereby online change is displayed to perfection by the business. The right level of application of an IS has also led firms into a competitive advantage over their competitors, since most of the developments in IS by a particular business are patent for their usage. The object of analysis for the purpose of this assignment is Aalsmeer Flower Auction, later referred to as the business in this essay. The business is a mediator between the Dutch flower growers and buyers it is a platform whereby they interact and enter into sale/purchase agreements. The business is often used as a price indicator since it presents the pricing where deals are made. Initially, the supply side ruled the markets however, there are three trends that have changed the outlook of the respective industry, as declared by Bocij development of e-markets, unsatisfied needs of retailers, and mergers and Acquisitions amongst retailers, and prof essional growth amongst sellers. With this, it seems visible that the business lacks an information system that can deal with these and the other growing trends in the industry an IS that can swallow the current and the upcoming changes and trends in the flowers industry.

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