MANAGEMENT INFORMATION SYSTEM
Management Information System ApplicationsPresented by:- Aman vriender
SYSTEMS FROM A FUNCTIONAL PERSPECTIVEIntroduction;
IT is used in all business activities to be Performed, business problems to be solved, & business opportunities to be pursued. As a business professionals, one has a specific understanding of how ISs affects a business functions & Appreciation of the major ways.
FUNCTIONALBUSINESSSYSTEMSMARKETING ISHRMISFINANCEISACCOUNTINGISPRODUCTION/Mfg IS
1.External environmentOperating environment.customer.supplier.Distributer.labour supply Remote environment.Economic.social.political.technological.industry concerns
2.DATA BANKInternal dataExternal dataThose data generated from the firms transaction processing system or from internal forecasts Which are collected from monitoring the environment . 3. DECISION MAKING: 4. OTHER AREAS OF FIRM 5. FEEDBACK MECHANISUM/ PERFORMANCE
Data Flow Diagram in Basic Functional Areas
Marketing & Sale IS Marketing is concerned with the planning, promotion, & sale of existing products in existing market.
Business firms have increasingly tuned to IT to help them to perform vital marketing functions in the face of the rapid changes of todays environment.
Data Flow Representation Marketing Information System
Input Transaction Documents Customer order Order acceptance Delivery note Invoice, credit note, debit note
Accounting Product sale Sales value Sales Tax Dealer & distribution Zone & customer Excise duty &export market, etc
Reports Statutory compliance Information update Decision analysis Action update Operation update (customer complaints, order book, despatch report)
Manufacturing IS IS used for operations of mgt & transactionprocessing.
Support of all firms that must plan, monitor, &control inventories, purchases & flow of goods & services.
IS helping them to plan & control their operations.
Mfg IS help companies to simplify, automate, & integrate the many activities which are needed to produce Products.
Data Flow Representation Manufacturing Information System
Input Transaction Documents Production programme Production schedule Process planning sheet Quality assurance rating form Finished goods advice Material requirement Customer orderAccounting Quantity of production with respect to a time period Material requirement & its usage Breakdown incidence Use of power, fuel & consumablesReports Statutory complaisance Information update Decision analysis Action update
Accounting IS A/C ISs are the oldest & mostly widely used IS in Business.
Computer based A/C systems produce records & reports, the flow of funds through an org & produce important financial statements such as balance sheet & income statements.
Operational A/C systems emphasize legal & historical records keeping & the production of accurate financial information.
Typically, these systems includes TPS such as order processing, inventory control, accounts receivable, A/C payable, payroll & general ledger systems
Mgt A/C systems focus on the planning & control of business operations, & analytical reports comparing forecasted to actual performance
Financial IS Computer based financial IS supports business mgers & Professionals in decisions. 1. The financing of a business 2. The allocation & control of financial resources
CashMgtInvestmentMgt
Capitalbudgeting
Financialplanning
FinancialISReports
Financial & Accounting IS WithIts Subsystem
HRM IS Systems maintain Eyees records, track E'yees skills, job performance, training, E'yees compensation & carrier development information by support planning. HR SystemsMgt ReportOnline queries
EyeesMasterfile
Eyees data (from various Dept)To pay roll
Input Transaction DocumentsPersonnel application formAppointment letter Appraisal form Wage/salary agreement Record of complaints, grievances, accidents Biodata, self & family
Accounting Attendance Manpower Leave Loans & deductions Skills Production dataControlProbable absence versus workloadProjection of personnel cost against manpower increase, etc Reports Statutory report Information update Operation update Decision analysis Action update
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