Information Technology induced Business Process Reengineering is being offered as a solution to organizations to achieve competitive advantage in an intensely competitive environment. However, just radical changes in business processes will not help an organization sustain competitive advantage as successful business process reengineering projects can be cloned by competing organizations, thereby negating the competitive advantage developed by any one organization. Instead, if an organization were to design and implement information systems for strategic management of information as a resource, then use of such systems can lead to sustainable competitive advantage. This paper presents the case for the use of an information system designed from the resource based perspective as a source of sustainablecompetitive advantage over business process reengineering