Mis
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Management Information System (MIS) is a computer-based system that makes organizational information available to users for strategic planning, tactical decision making, and operational control. MIS collects, processes, and distributes data from various sources to stakeholders throughout an organization. It helps increase efficiency, allows for functional monitoring and forecasting, and keeps the organizational system in equilibrium. MIS components include hardware, software, data, people, and procedures.
Mis
- 1. Management Information System It’s a computer based system that makes information available to the user’s. The users usually comprise of an organisational entity 1
- 2. MIS for strategic & policy decision making planning and Management information for tactical planning and Decision making Management information for Operational planning, decision making and Control Transaction Processing, Inquiry response PYRAMID STRUCTURE OF MIS BASED ON ACTIVITIES TOP MANAGEMENT STAFF SPECIALISTS FIRST LEVEL MANAGERS CLERICAL STAFF Unstructured/ non-programmed decisions Structured/ Programmed Decisions 2
- 3. 3 MIS ensures that an appropriate data is collected from various sources, processed and sent further to all the needy destinations It processes various transactions in the system and initiates appropriate actions as required to keep the system in a state of equilibrium MIS provides Information Reporting System for Normal and Exception Reporting for crisis situations MIS is flexible in its operations and responds to a variety of information needs at all levels.
- 4. Impact of MIS • Increases efficiency in the management functions: • Tracking and monitoring of the functional targets becomes easy. • Functional managers are continually informed about the progress, achievements, and shortfalls in activities and targets. • Probable trends in various aspects of business helps in forecasting and long term prospective planning. • MIS keep the system in a state of equilibrium. 4
- 5. MIS COMPONENTS 5 Backup data Restart job Virus scan Hardware Software People Procedures Data
- 7. TYPES OF MIS - Transaction Processing System :- regularly scheduled reports based on data extracted and summarized it to middle and operational level managers to identify and inform structured and semi-structured decision problems • Decision Support System :- DSS are computer program applications used by middle management to compile information from a wide range of sources to support problem solving and decision making. • Executive Information System :- EIS is a reporting tool that provides quick access to summarized reports coming from all company levels and departments such as accounting, human resources and operations. 7
- 8. • Marketing Information System are designed specifically for managing the marketing aspects of the business. • Office Automation System (OAS) support communication and productivity in the enterprise by automating work flow and eliminating bottlenecks. OAS may be implemented at any and all levels of management. • School management information systems (MIS) cover school administration,and often including teaching and learning materials. 8
- 9. SYSTEM DEVELOPMENT PROCESS 9 System analysis System design programming Testing Conversion Production and maintenance Organization
- 10. FUNCTIONAL PERSPECTIVES OF MIS Financial MIS Manufacturing Marketing Pricing Transportation and Logistics Human Resources 10
- 11. ENTERPRISE APPLICATION • Enterprise Resource Planing(ERP) systems provide an organization with integrated software modules and a unified database which enable efficient planning, managing, and controlling of all core business processes across multiple locations. • Supply Chain Management (SCM) systems enable more efficient management of the supply chain by integrating the links in a supply chain. This may include suppliers, manufacturers, wholesalers, retailers and final customers 11
- 12. • Customer Relationship Management -(CRM) systems help businesses manage relationships with potential and current customers and business partners across marketing, sales, and service • Knowledge Management system (KMS) helps organizations facilitate the collection, recording, organization, retrieval, and dissemination of knowledge. This may include documents, accounting records, and unrecorded procedures, practices and skills 12
- 13. Advantages 13 • Companies are able to highlight their strengths and weaknesses due to the presence of revenue reports, employees' performance record etc. • Giving an overall picture of the company and acting as a communication and planning tool. • The availability of the customer data and feedback can help the company to align their business processes according to the needs of the customers. • The consumer buying trends and behaviours can be predicted by the analysis of sales and revenue reports from each operating region of the company.
- 14. Disadvantages • Unemployment • Lack of job security • Privacy • Lack of flexibility to update itself • Constant Monitoring Issues • Takes into account only its quantitative factor not the qualitative • Expensive 14