Understanding the Definition of Global Information System and Its Impact on Business
Globalization has made the world a smaller and more interconnected place. With the advent of the internet and other digital technologies, businesses have access to new markets and consumers around the world. But to take advantage of these opportunities, businesses need to understand the role of Global Information System (GIS) and its impact on their operations.
What is Global Information System?
A GIS is a system of interconnected computers and databases that allows individuals and businesses to share information across borders. It enables the gathering, storage, manipulation, and distribution of information on a global scale. In simpler terms, GIS is the process of coordinating information management across multinational enterprises.
The Importance of GIS in Business
The use of GIS in business has become more important than ever before. This is because globalization has increased the demand for businesses to expand their operations and reach customers worldwide. If businesses can’t coordinate their information management across borders, it becomes challenging to maintain efficient and consistent production and supply chain management. However, GIS can help with overcoming these challenges.
How GIS impacts Business Operations
GIS has a significant impact on the operations of global organizations. It streamlines communication between different departments and business units to ensure a unified end-to-end business process. It helps in reducing operational costs, decreases product time-to-market and increases the efficiency of the firm. It also helps in synthesizing information coming from different sources that can ultimately result in better decision-making.
Examples of GIS Impact on Businesses
Many companies have already implemented GIS to achieve business growth. A popular example of GIS in action is the supply chain management system used by Amazon. Amazon uses a GIS to track inventory and shipment status of their products worldwide. This system helps the company to ensure that they always have the right product available in the right place at the right time, which ultimately helps in maintaining customer satisfaction.
Another example of GIS in action is the customer relationship management system used by Coca-Cola. Coca-Cola uses mapping tools to visualize and group their customers geographically. This helps them to understand customer needs in real-time and provide efficient, effective service delivery and faster response to customers.
Conclusion
In conclusion, GIS has revolutionized how businesses operate in today’s global economy. The technology plays a critical role in managing complex multinational enterprises and enables businesses to expand efficiently. With the right implementation, GIS can help businesses reduce costs, improve efficiency and ultimately enhance customer satisfaction. Understanding the impact of GIS can help business owners make the decision to adopt this technology to take their business to the next level.
