MIS under computer environment

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    MIS

    Presenter Name

    Presentation Date

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    Management Information System

    Systematic Process of Providing relevant Information in right timein right format to right people .

    Objectives of MIS

    To provide the managers at all levels with timely and accurateinformation for control of business activities

    To highlight the critical factors in the operation of the business forappropriate decision making

    To develop a systematic and regular process of communicationwithin the organization on performance in different functional areas

    To use the tools and techniques available under the system forprogrammed decision making

    To provide best services to customers To gain competitive advantage

    To provide information support for business planning for future

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    Features of MIS

    Management Oriented

    Timeliness

    Integrated

    Simplicity

    Reliability

    Consistency

    Relevance

    Flexibility

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    How to Implement a MIS System

    Analytical Study of Information requirement

    Determine the Source of Information

    Establishment of right kind of Data processingEnvironment

    Selection of Software

    Database Design

    Support from Top Management

    Manpower

    Integration of Information

    Evaluation, Maintenance and Control

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    How to Implement a MIS System

    Top Down Approach

    Bottom Up Approach

    Integrative Approach

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    Constraints in Operating MIS

    Non-Availability of Experts

    Technical Knowledge gap between Mangement andTechnical Expert

    Non-Cooperation

    High Turnover of MIS Expert

    Short Coming in Design

    Frequent Changes

    Non-standard requirements

    Difficulty in quantifying the benefits of MIS

    Heavy investment

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    Limitations of MIS

    Effectiveness of MIS depends on efficiency of the management in using it and it is not a

    substitute of Management

    MIS only provides information and non-programmed decision making is in the hand of

    management

    Frequent changes in the information need of management reduces efficiency of MIS

    Success depends on quality of output and their effective use Effectiveness is greatly affected where culture of hoarding and not sharing information is

    there

    Problem of perception of utility

    Lack of proper training and awareness of both operation staff and the users on the use of

    MIS

    With the change in technology and business environment, management need ofinformation changes thereby suggesting periodic review and continuous monitoring

    Cost Benefit assessment depends on many subjective assessments

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    Information Requirements of

    Management

    Operational functions

    Information requirement for Various department Varies

    Type of Decision Making

    Programmed Decisions

    Non-Programmed decisions

    Level of Management

    Top Management

    Mid Management

    Operational Management

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    Information Requirements of

    ManagementInformation Top Middle Operational

    Focus of Planning &

    Management

    Strategic Planning Resource

    Management

    Day-to-day

    Activities

    Boundary Internal & External Internal Internal

    Volume Summary withAnalysis

    Report of Variances Reports of DetailedActivities

    Integration among

    functional Areas

    Highly Integrated Moderately

    Integrated

    Restricted to

    Functional Area

    Comparison with

    time frame

    1-5 Years Previous Year or

    month to month

    Day to Day

    Support to decision

    Making

    Relatively

    Unstructured

    Problems

    Moderately

    Structured

    problems

    Structured

    problems

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    Information Requirements of

    Management Effective Decision Making

    Review the results of BPR

    Competetive Intelligence through

    Competitors performance

    Capturing Market Information on products

    Market Trend Analysis

    Designing Products with the help of CADTools

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    MIS Reports

    Personnel Management Top Level

    Skill Information

    Long term HR Requirement

    Policies

    Middle Level

    Deployment Pattern in Different Departments

    Personnel Deployment Policy

    Performance Appraisal

    Operational Level

    Performance Leave/Absentism

    Punctuality

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    MIS Reports

    Production Management

    Top-level (Strategic information) Policy on production priority of different products etc.

    Yearly and monthly comparative results on production of different items

    Information on new technology

    Information on capacity utilization

    Middle Level (tactical information) Actual performance with target

    Variance and their causes

    Breakdown and maintenance information

    Operational Level (Operational information)

    Performance details Preventive maintenance schedule

    Machine performance etc.

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    MIS Reports

    Sales Management

    Top-level (Strategic information) Information on new product or new market

    Information on market share

    Analysis of competitors strategy

    Sales growth or fall Middle Level (tactical information)

    Actual sales product wise with targets

    Sales Variance and their causes

    Performance of different sales offices

    Operational Level (operational information)

    Sales details branch wise product wise Individuals sales personnel performance

    Sales expenses details

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    Components of Business

    Information System

    Transaction Processing System

    Management Information System

    Expert System Decision Support System

    Executive Information System

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    Transaction Processing System

    Examples Payroll

    Accounts Recievable/Payable

    Bank Reconciliation

    Purchase Order Processing

    Sales Order Processing

    Inventory Control

    Job Costing etc.

    On-line Transaction Processing (OLTP)

    On-line Analytical Processing (OLAP)

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    Integration of Information

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    ModelsInformation

    Iconic Scale Model

    Three Dimensional View of the process

    Analytical Model

    Model for a Physical System but model differs from

    the actual System

    Mathematical Model

    Represents the Data Set in Graph, Picture etc.

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    Executive Management System

    Special Type MIS meant for top management

    DSS for Executives