Optimization of Data Management System Between Organizations

(1. Ventspils University College, Latvia);2. Information Systems Management Institute, Latvia)

Abstract: The research proves the necessity of introducing automated systems of data exchange and creating a clear structure of regulations regarding the interaction between all participants. The purpose of this research is the development of an optimum pattern of information interaction. The practical objective of the research is the description of a plan for the introduction of an information management system in business processes and optimization of the interaction pattern between the company department and with partners of the company. The result of the research and implementation of the developed solution to improve the efficiency of information interaction between all parties: the manufacturer, distributor and retailer, as well as to optimize business processes and information interaction into the company’s departments. As the first stage of the transition to the work scheme that was described earlier, the PIM system was implemented in one retailer. According to the results of calculating the cost indicators: PP, NPV, IRR, it is possible to conclude that the efficiency of the organization has increased.  The project payback period was less than 3 years.