Kofio & Sons Ltd is a small family business located in Suhum. They have a pineapple juice processing factory. They have never kept detailed inventory or sales records. The owners use their own judgment in identifying items that need to be reordered. Invoices from suppliers are only kept for tax purposes. When an item is sold, the item number and price are rung up at the cash register. What is the business impact of this situation? How could information systems help Kofio & Sons run their business? What data should these systems capture? What decisions could the systems improve?

Kofio & Sons Ltd is a small family business located in Suhum. They have a pineapple juice processing factory. They have never kept detailed inventory or sales records. The owners use their own judgment in identifying items that need to be reordered. Invoices from suppliers are only kept for tax purposes. When an item is sold, the item number and price are rung up at the cash register. What is the business impact of this situation? How could information systems help Kofio & Sons run their business? What data should these systems capture? What decisions could the systems improve?

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 1GPE

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