Project on“MIS in Manufacturing Sector”

Presented By

Group No. 5:

Abhishek Kotkar 26Rajan Kumar 27

Sushil Ingle28Sagar Lahoti 29Anand Lihinar 30

Definition of MIS (Management Information System)

• The MIS is defined as a system which provides information support for decision making in the organisation.

• The MIS is defined as a system based on the database of the organisation evolved for the purpose of providing information for the people in the organisation.

• The MIS is defined as a computer based information system.

Application in Manufacturing Sector

• A typical information system primarily serves the needs of Functional levels such as Personnel, Finance, Production, Materials, Marketing and Corporate Business Management.

• Integrated systems provides data and information for:– Business Planning at the Middle Management

Level– Strategic Planning at the Top Management Level

MANUFACTURING SECTOR

Personnel Management

• Objective:– Providing suitable manpower in number and with

certain ability, skills and knowledge as per the demand of the business.

• Viewers of the Database:1. Personnel Managers2. Heads of HRD Departments3. Top Management

Application of the Personnel Database

1. Analysis of attendance by a class of employees2. Leave mgmt. by a group of employees3. Trend in the leave records4. Analysis of accidents5. Analysis of Salary \ Wage structure6. Analysis of Overtime 7. Analysis of manpower needs and evolving

recruitement and training program.

Financial Management• Objective:– Meeting the financial needs of the business from time to

time, by way of providing Working capital and Long term loans to run the business

– To meet the statutory compliance by way of declaring the audited financial results (like Balance Sheet, P & L, etc..)

• Viewers of the Database:1. Financial managers2. Cost Controllers3. Auditors4. Material Managers5. Company Secretary6. Top Management

Application of the Financial Database

1. Cash Flow Analysis2. Sources and Uses of Funds3. Debtors analysis and Aging pattern4. Creditors analysis and Aging pattern5. Budget Analysis6. Ratio Analysis7. Capital Budgeting8. Cost Analysis

Production Management

• Objective:– To provide manufacturing service to the

organisation which includes Production planning and control, Industrial Engineering, Maintenance and Quality Control.

– Maximum utilization of the manufacturing capacity with minimum rejections

– Meeting delivery promises

Application of Production Database

1. Make or buy material decisions2. Uses of alternative material decisions3. Evolving optimum product mix / job mix4. Rescheduling and loading of jobs.5. Planning and Scheduling of jobs6. Selection of production facilities7. Selection of alternative maintenance facilities

Materials Management

• Objective:– To provide material for production, maintenance

and service at economical prices in an appropriate quantity and quality

– Material procurement, stocking and inventory management

– Searching new substitutes to reduce the cost of materials

– Reduction of inventory

Application of Material Database

• Forecasting and planning decisions• Price decisions• Stocking of the items• Controlling the item• Production / Inventory holding• Inspection and supervising

Marketing Management

• Objective:– Identifying the needs of the consumers– Evolving in product concept – Designing of the product – Satisfying the consumer– Positioning of the product – Developing dealer distribution network

Application of Marketing Database

• Pricing decisions• Acceptance of orders• Allocation of stock to orders • Discount and commission• Deciding the sales terms• Introduction of new product• Product positioning

ThankYou..!!