COMMERCE 2KA3 Lecture Notes - Lecture 1: Supply Chain Optimization, Cloud Computing, Information System

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2 assignments (using a software called sap by design: released on jan. 30. Increase in use of wireless technologies, more company websites, more online shopping, gro(cid:449)i(cid:374)g (cid:271)usi(cid:374)ess use of (cid:862)(cid:271)ig data(cid:863), gro(cid:449)th i(cid:374) (cid:272)loud (cid:272)o(cid:373)puti(cid:374)g: cell phone can replace computer completely, big data: has been around for the past 3-4 years. It refers to things like knowing consumer analytics, like knowing what appeals to you. E. g. you"re passi(cid:374)g (cid:271)y a shoe shop a(cid:374)d the (cid:272)ell pho(cid:374)e sig(cid:374)al tells people that a(cid:374)d it advertises shoe discounts or something. E. g. crossing border and you get a message about roaming. Just-in-time inventories and supply chain optimization are shaped by information systems too. Different parts come from different countries, and then all the parts come to one place to be put together at the same time/right time for the production process for thousands of products.

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