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A Supplier’s Perspective: the Evolution of It in Major Industries

In: Computers and Technology

Submitted By shockpk
Words 4679
Pages 19
A Supplier’s Perspective:
The Evolution of IT
Major Industries

Tutorial Group 2 Team 04

Name | Matriculation No. | Lek Zheng Hao Eugene | A0087911Y | Goh Wei Zhi | A0087958A | Lau Han Yang | A0087961N | | |
1 Impact of IT/IS on Supplier 3 1.1 Automobile 3 1.1.1 Maturation of Automobile Industry 3 1.1.2 Globalization of Automobile Industry 3 1.1.3 Greater Autonomy of Suppliers 4 1.2 Banking 5 1.2.1 Improved Communication 5 1.2.2 Automation 5 1.2.3 Continuous Innovations 5 1.2.4 Implications for IS/IT Suppliers 6 1.2.5 Implications for Customers 6 1.3 Music 7 1.3.1 Change of Roles 7 1.3.2 Combating the Bullwhip Effect 7 1.3.3 Innovation in IT 8 2 Comparing and Contrasting Impacts across Industries 8 2.1 Similarities 8 2.1.1 Streamlining Operations 8 2.1.2 Greater Responsibilities 8 2.1.3 Change of Mindset 9 2.2 Differences 9 2.2.1 Powers and Balance 9 2.2.2 Product Offerings 9 2.2.3 Market Transparency 9 3 Underlying Reasons for Differences 10 3.1 Understanding Powers and Balance 10 3.2 Understanding Product Offerings 10 3.3 Understanding Market Transparency 10 4 Conclusion 10 5 References 11 6 Appendix 12 A. Definition of Just-in-Time (JIT) 12 B. Definition of New Product Development (NPD) 12 C. Definition of Time-Based Competition (TBC) 12

Impact of IT/IS on Supplier
Information Technology (IT), as we know it today, has changed the landscape of major industries. The position of IT in business strategies has grown significantly over the years. In this report, we will be looking at the impacts of IT/IS in these three industries – Automobile, Banking and Music. We will be covering henceforth, the factors of adoption, similarities and differences in impacts.
The current automobile supply sector is without a doubt...

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