Informing Panasonic

From the culture supplied In the case, Identify three discipline needs of Panasonic as an organization and explain why this tuition would be important to managerial decision making at the company. Three information needs of Panasonic Has the ability to create, store, share and analyze data about harvests, customers and suppliers in ways that were not even feasible Just a a couple of(prenominal) decades ago. It had developed numerous duplicative, inconsistent and incomplete records stored in ultimate quarantined databases across the enterprise It also prevented the company from making eonly decisions, which otiose Panasonic flexibility and agility. Importance of information to managerial decision making Helps in making effective problem solving decisions 2. Explain how the new information system benefits both Panasonic and its various stakeholders. Panasonic was able to save millions of dollars per year Improves Panasonic time to- time martReduces the time required to brin g a product to market from 6 months to 1 month Reduces the amount of time required for creating and maintaining product information by 50 per cent It allowed Panasonic to move away from Its jab Inventory model, towards a pull model. Improved Its response to retailers orders so that its retailers befuddle been able to cut chronicle to seven days. 3. Compare and contrast the defend and pull models of Information supply outlined n the case.What are the authorization advantages and disadvantages of each method? O Push inventory model Information is centralized and delivered automatically to everyone who needs it, simultaneously C The company would push products to retailers such as Best Buy and Cult City Pull inventory model Marketing and sales had to request both structured and ambiguous information from numerous sources 0 vendors order products on as-needed basis o Advantages Push pull Disadvantages