INFO TECH IN BUSINESS

1. FUNCTIONAL INFORMATION SYSTEM
BY AMIT PANDEY & GANESH HEGDE

2. MEANING
 “A functional information system is a system that provides
detailed information for a specific type of activity or related
group of activities, as well as summarized information for
management control of such activities”.

3. CHARACTERISITCS
Many small changes in a large database
Systematic records (mostly numerical)
Routine actions & updating
Data preparation is a large & important effort

4. EQUIPMENT REQUIREMENTS OF FUNCTIONAL INFORMATION SYSTEMS

Large auxiliary storage

Dual use files

Moderate input/output requirements

Flexible printing capacity

Offline data entry

Often difficult to define the problem

Needs fast random access to large storage capacity

Organization of computer storage is difficult

Versatile inquiry stations desirable

5. FUNCTIONAL INFORMATION SYSTEM
 Information System for Marketing (MIS)
 Information System for HR Management (HRIS)
 Information System for Accounts
(AIS)
 Information System for Production & Manufacturing
 Information System for Finance Management

6. INFORMATION SYSTEM - MARKETING
Definition :
Marketing Information System(MIS) is a computer
based system that works with other functional
information systems to support the firm’s management in
solving problems that relates to marketing of the firm’s
products.

7. INPUTS
 Transaction Processing Data
 Marketing Research Data
 Marketing Intelligence Data
 External Environment Data
 Strategic Plan
OUTPUTS
Product Planning
Place Planning
Promotion
Pricing
Budget Allocation
Sales Forecast

8. INFORMATION SYSTEM FOR PERSONNEL

9. PERSONNEL INFORMATION SYSTEM
 Recruitment – Position Inventory, Recruitment using
Internet, Employee Selection
 Maintenance & Development – Training &
Development, Performance Evaluation, Turnover &
Absenteeism analysis
 Human Resources Management & Planning – Personal
Information & Privacy Issues, Compensation & Benefits

10. INFORMATION SYSTEM FOR ACCOUNTING MANAGEMENT
(AIS)

11. INFORMATION SYSTEM FOR ACCOUNTS (AIS)

Accounting Information System performs the firm’s accounting
applications. A high volume of data processing characterizes these
applications. Data manipulation, data storage & document preparation.
Process

Recording

Posting to Subsidiary Ledger

Posting to General Ledger

Posting Cycle

12. CHARACTERISTICS

Performs necessary tasks

Adheres to relatively standardized procedures

Handles detailed data

Has a primarily historical focus

Provides minimal problem solving information

13. INFORMATION SYSTEM FOR PRODUCTION & MANUFACTURING
PRODUCTION
PROCESS
Schedule
Production
Source Raw
Material
Check Inventory
Receive Order
Allocate
Resources
Complete
Job
Quality
Testing
Send
Order

14. INFORMATION SYSTEM FOR PRODUCTION & MANUFACTURING
The Manufacturing Information System is a set of tools for managing the
flow of manufacturing production data throughout the enterprise. This IS
was designed to provide tools for both IT & Operations personnel who
would deliver services to anyone in the plant.
 Tasks :
 Plant activity scheduling
 Material requirement assessment
 Material reallocation between orders
 Dynamic inventory management
 Grouping work orders by characteristics
 Resource qualification for task completion


15. TYPES OF MANUFACTURING ISS
 Automation Systems
 Logistics Systems
 Material Requirement Planning(MRP)
 Manufacturing Resource Planning(MRP II)
 Agile Manufacturing Environment
 Enterprise Resource Planning

16. INFORMATION SYSTEM FOR FINANCE

The term Financial Information System is used to describe the CBIS subsystem
that provides information to persons & groups both inside & outside the firm
concerning the firm’s financial matters.

Functions:
Integrate financial & operational information from multiple sources
Provide easy access to data
Make data available immediately
Analyze historical & current financial activity
Monitor & control the use of funds over time
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17. MODEL OF FINANCIAL INFORMATION SYSTEM
Input subsystem
Forecasting
subsystem
Internal resources
Internal
audit
subsystem
Environmenta
l sources
Data
base
Funds mgmt
subsystem
Control
subsystem
Financial
intelligence system
DATA
INFORMATION
USERS