The Strategic Role of Information Systems
Information systems (IS) and technology are not just tools for automating routine tasks; they are powerful strategic assets that can redefine business models and create significant competitive advantages. When IS/IT investments are tightly aligned with a firm's core business strategy, they can fundamentally alter the competitive landscape. For instance, a firm pursuing a \<strong\>Low-Cost Leadership\</strong\> strategy, like Walmart, can leverage sophisticated Supply Chain Management (SCM) systems to minimize inventory costs and streamline logistics, passing savings to customers.