Don's Lumber Company on the Hudson River feature a large selection of materials for flooring, decks, moldings, windows, siding, and roofing. The prices of lumber and other building materials are constantly changing. When a customer asks about the price on pre-finished wood flooring, sales representatives consult a manual price sheet and then call the supplier for the most recent price. The supplier in turn uses a manual price sheet, which has been updated each day. Often, the supplier must call back Don's sales reps because the company does not have the newest pricing information immediately on hand.
1. Assess the business impact of this situation.
2. Describe how this process could be improved with information technology.
3. Identify the decisions that would have to be made to implement a solution.
3-4 sentences for each question.