University : Victorian Institute of Technology
Course Title : MITS5505
Uploaded by : Mark polee
Knowledge management solution for improving productivity and saving cost in an organisation.
Knowledge management system is a tool designed to help any organisation to solve issues arising due to lack of knowledge. It is an effective and widely used business tool designed for better circulation of knowledge within an organisation ( Greco et al,2013).
KMS’s not only helps in accumulation of knowledge rather finds the pinpoints of the knowledge origins, enhance the collaborative work of the team, searches for archives for forgotten knowledge and ways to strengthened the organisation.
KMS helps in improving production management and avoid the losses that are generated from poorer performances. It helps in understanding the quality of the produce according to the competitors and give pathways to survive in the global marketplace. KMS investigates reduction of time cycle, variability, better transparency and....