Information Technology

Posted in Information Technology & Systems, Total Reads: 695
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Definition: Information Technology

Information Technology is the integration of both the computer technology and telecommunication for the creation, storage, modification, exchange and usage of data. IT in operation management refers to the use of advanced technology to carry operational activity efficiently.


Central information processing systems help efficient data management and communication. IT technology is used to track inventory, make orders, cancel and view status of orders. Logistic management can also be improved through IT.


It is the use of technology to build the most cost efficient and effective system to carry on the operational requirements of the firm.


Example:

Health care systems, product design and manufacturing process, supply networks and information systems.


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