Question

Explain what TPS systems doand give an example of IKEA (a global furniture manufacturer)TPS data about marketing/sales for their shop in Bluewater London.

Answer 1

Transaction Processing System captures and processes data about the transactions related to different functions such as marketing, operations, finance etc. Such transactions are stored and processed in a safe manner through the interconnected network of systems defined as Transaction Processing System. Such system also organizes and structures data into a series of levels and links data to multiple nodes as well as relational tables from where it is easier to process. As an example, for IKEA's shop in Bluewater London, TPS data about marketing/sales would include the data collected about sales to different parties, collections made, region wise sales breakup, marketing and sales cost data, distribution centre cost breakup, customer conversion rate data etc.