Methods

How information systems are helping the company?

 How is data being converted to Information, and then knowledge:

From data to information:

In 1990 Wal-Mart's computer system received 8.4 million update information in a minute in store has a term called “Data Mining” which is search for data related to each product or services and consists of common characteristics and link them with the desired needs.

From information to knowledge:

 Then , The “Data Mining” are searched for relevant knowledge and then submit to the consumer who are the final decision maker, for example the consumers can access to the company site to see the related information about the product or services for purchasing on the website, and enter data in the stock of company. Also, Data Mining like Data warehousing, this store consist from large amounts of information for storing information in various subjects. Therefore, there was a need to search for specialized information and relevant and getting to know new through large amounts of data.

How is the information system reducing time/cost/errors:

Wal-Mart knows that by using information systems will help the company to reduce costs and improving efficiency which lead to customer satisfaction. Therefore, the company cooperate with Cisco networks in this field where it started since 1990  and currently used networking applications at Cisco global network and this  lead to the manage costs well. Also, it needs to merge and integrate their internal processes. If the company did that, the marketing, production and financial management can work effectively and efficiently among each other and thus will reducing the cost, which leads to raise the value of the profits. Also, Unify internal processes leads to better service to customers. Therefore, Wal-Mart using computers, networks and special software to unify their internal processes. However, this is not enough; the company needs to unify its efforts with its vendors and with customers in order to gain against the rest companies.