Taming Tsunami of Data by Principles of Inventory Management
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 6
Abstract
Challenges with exponential growth of electronic data are being recognized in the world. Such challenges have been observed symmetrical to the challenges of human population growth and physical inventory growth in industrialized world. A policy frame work for selective retention of data has been presented to challenge existing paradigm of “Digitize all, Store all, for ever” . Parallels are drawn from principles of material inventory management for maintaining narrow band of data for perennial cost benefits and availability of data with high quality. An approach based of 25/25 principle is also presented to make immediate beginning.
Authors and Affiliations
Sarvesh Kumar Tripathi, Dr. Meghana Chhabra, Dr. RK Pandey
Keywords
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- EP ID EP411739
- DOI 10.9790/487X-2006060112.
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