Management Information System

1. Management Information System (MIS) Presented By: Pinaki Basu MIS By Pinaki Basu

3. Flexible and speedy access to accurate data.

4. Suited for :

5. Personal

6. Professional

7. Organisational

8. National

9. Global Information SystemMIS By Pinaki Basu

10. Why the name MIS ? Management : emphasizing the ultimate use of such information systems for managerial decision making rather than merely stressing on technology. Information : highlighting on processed data rather than raw data and in the context in which it is used by managers and other end user. System : emphasizing a fair degree of integration and a holistic view. MIS By Pinaki Basu

11. How does it work ? Processes data into information. Which is then communicated to the various departments in an organization for appropriate decision-making. Data collection involves the use of Information Technology (IT) MIS By Pinaki Basu

12. Sources of Management Information MIS By Pinaki Basu

13. Outputs of a Management Information System Scheduled reports Produced periodically, or on a schedule (daily, weekly, monthly) Key-indicator report Summarizes the previous day’s critical activities Typically available at the beginning of each day Demand report Gives certain information at a manager’s request Exception report Automatically produced when a situation is unusual or requires management action MIS By Pinaki Basu

14. Characteristics of a Management Information System System Approach Management Oriented Need Based Exception Based MIS By Pinaki Basu

15. Characteristics of a Management Information System Future Oriented Sub System Concept Central Database Long Term Planning MIS By Pinaki Basu

16. Processing Functional Aspects User User Source User Source User Source MIS By Pinaki Basu

17. Advantage Effective and efficient coordination between departments. Quick and reliable referencing. Access to relevant data and documents. Use of less labour. MIS By Pinaki Basu

18. Cont... Improvement in organizational and departmental techniques. Management of day-to-day activities. Closer contact with the rest of the world. MIS By Pinaki Basu

19. Financial MIS Provides financial information to all financial managers within an organization. MIS By Pinaki Basu

20. MIS By Pinaki Basu

21. Inputs to the Financial Information System Strategic plan or corporate policies Contains major financial objectives and often projects financial needs. Transaction processing system (TPS) Important financial information collected from almost every TPS - payroll, inventory control, order processing, accounts payable, accounts receivable, general ledger. External sources( sources of fund) Annual reports and financial statements of competitors and general news items. MIS By Pinaki Basu

22. Financial MIS Subsystems and Outputs Financial subsystems Profit/loss and cost systems Auditing DSS Uses and management of funds Financial Position of organization. MIS By Pinaki Basu

23. Manufacturing MIS Concerned with all production, manufacturing and operation related information. MIS By Pinaki Basu

24. Inputs to the Manufacturing MIS Strategic plan or corporate policies. The TPS: Order processing Inventory data Personnel data Production process External sources MIS By Pinaki Basu

25. Manufacturing MIS Subsystems and Outputs Design and engineering Inventory control Manufacturing resource planning Just-in-time inventory and manufacturing Process control Computer-integrated manufacturing (CIM) Quality control and testing MIS By Pinaki Basu

26. Marketing MIS Supports managerial activities in product development, distribution, pricing decisions, and promotional effectiveness MIS By Pinaki Basu

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28. Inputs to Marketing MIS Strategic plan and corporate policies The TPS External sources: The competition The market MIS By Pinaki Basu

29. Marketing MIS Subsystems and Outputs Marketing research Product development Promotion and advertising Product pricing MIS By Pinaki Basu

30. Human Resource @ MIS Concerned with all of the activities related to employees and potential employees of the organization MIS By Pinaki Basu

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32. Inputs to the Human Resource MIS Strategic plan or corporate policies The TPS: Payroll data Order processing data Personnel data External sources MIS By Pinaki Basu

33. Human Resource MIS Subsystems and Outputs Human resource planning Personnel selection and recruiting Training and skills inventory Scheduling and job placement Wage and salary administration MIS By Pinaki Basu

34. Other MISs Accounting MISs Provides aggregated information on accounts payable, accounts receivable, payroll, and other applications. Geographic Information Systems (GISs) Enables managers to pair pre-drawn maps or map outlines with tabular data to describe aspects of a particular geographic region. MIS By Pinaki Basu

35. Future Of MIS Land Record Management Natural Resource Planning Banking and Financial Services Legal delivery System Networked Educational Institutes MIS By Pinaki Basu

36. Thank You.... MIS By Pinaki Basu