Answer to Question #217188 in Management for Doll

Question

Describe the attributes of information quality and how they impact supply chain decision making. (10 marks)

please provide reference as well as Intext reference.

Answer 1

Attributes of information quality

1) Reliable- The information should be dependable and verifiable.

2) Accesible and timely- The information must be current and able to reach the users so that important decisions can be made in time.

3) Relevancy- The information should valid to help reduce uncertainties.

4) Accurate − It should be free of errors and mistakes, true, and not deceptive.

5) Sufficiency − It should be adequate in quantity, so that decisions can be made on its basis.

6)Unambiguous − It should be expressed in clear terms. In other words, in should be comprehensive.

7) Complete − It should meet all the needs in the current context.

8) Unbiased − It should be impartial, free from any bias. In other words, it should have integrity.

9) Explicit − It should not need any further explanation.

10) Comparable − It should be of uniform collection, analysis, content, and format.

11) Reproducible − It could be used by documented methods on the same data set to achieve a consistent result.

Impacts of information quality on supply chain decision making.

Information quality provides the basis on which supply chain managers make decisions. Information technology consists of the tools used to gain awareness of information, analyze this information, and execute on it to improve the performance of the supply chain. Information is essential to making good supply chain decisions because it provides the broad view needed to make optimal decisions (Kluitmans, 2018).

Information quality enables the supply chain drivers to work together to create an integrated, coordinated supply chain. Information is crucial to supply chain performance because it provides the foundation on which supply chain processes execute transactions and managers make decisions. Without information, a manager cannot know what customers want, how much inventory is in stock, and when more products should be produced or shipped. Therefore, information provides supply chain visibility, allowing managers to make decisions to improve the supply chain’s performance (Forslund and Jonsson, 2017).

References

Forslund, H., & Jonsson, P. (2017). The impact of forecast information quality on supply chain performance. International journal of operations & production management.

Kluitmans, L. (2018). The impact of Information Quality on strategic decision-making. Master Sci. Oper. Manag. Logist.