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Management Information Technology in businesses
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Management Information Technology in businesses

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  • 1. Presentation on the MIS in Business Process Welcome to our Presentation
  • 2. Business Process Business process are concrete workflows of material ,information and knowledge sets of activities . The performance of a business firm depends on how well its business process are designed and coordinated
  • 3. Generally business process are designed in four ways such as  Manufacturing and production  Sales and Marketing  Finance and Accounting  Human resource
  • 4. Manufacturing and Production  Simply we understand about manufacturing and production that the creation and assembly of components and finished products for sale.
  • 5. Assemble the product: The company utilizes assembly processes such as manual, semi-automatic and fully automated assemble technique. Checking for quality: System for verifying and maintaining a desired level of quality in an existing product or service by careful planning, Manufacturing and production executed its specific task through some process as well as
  • 6. Producing bills of materials: A bill of materials is a list of the parts or components that are required to build a product. The bills of materials provides the manufacturer's part number (MPN) and the quantity needed for each component Manufacturing and Production
  • 7. Sales and Marketing is a very important part in the business process .No business can exist without sales and to increase sales we need marketing. Sales and Marketing
  • 8. Through MIS we perform three tasks in sales and marketing these task are Identifying the customer: To identify the customers the most popular way is market segmentation it is a way to identify the targeted customers for organization concentrate on a group of people.
  • 9. Sales and Marketing Making customer aware of the product: After identifying the target customers for a specific product or service .It becomes very important to make the customers aware of the product and make them stimulate to buy or use the service.
  • 10. Sales and Marketing Selling the product: Selling the product is the ultimate goal of a business organization because it helps the business organization to generate money pay for the costs of other business functions.
  • 11. Finance and Accounting  MIS in finance have been widely adopted both by corporation as well as govt. there information system with capacity to maintain large database enabling organization to store . Budget Planning: Financial budget planning uses pro-forma or projected financial statements that serves as formal documents of management exception regarding sales, expenses.
  • 12. Human Resource Financial Reporting: The use of MIS in finance enable ,companies to generate multiple financial reports accurately and consistently. Managing cash Account : Cash Management is an accounting term that refers to the process of managing or safeguarding and tracking the cash in your Business.
  • 13. Human Resource  Hiring employees  Evaluating job performance  Enrolling employees benefit plans Hiring employees: To hire the employees companies use two sources: 1.Internal Source 2.External Source
  • 14.  External source: hire the employees from the external sources they give job vacancy advertisement in the newspaper, internets such as: Bdjob, job24.  INTERNAL SOURCE: Sometimes to hire an employee companies fill up the post among the existing employees. This is the best way because the existing employees know the companies work environment very well.
  • 15. Evaluating the job performance Different companies use diffentrent types of technologies to evaluate the job performance of the employees for example they Use.  Punching card  CC Camera  Call recording  Log-in
  • 16. Enrolling employees in benefits plan: Organizations provider different benefit plan for economic security of organizations Employees. This benefits are such as :  Housing  Group insurance  Social Security
  • 17. IFIC Bank Limited International Finance Investment and Commerce Bank Limited (IFIC Bank) is banking company incorporated in 1976 as joint venture They serve their customer through distinguish service such as  Corporate Banking  Retail Banking  Agricultural credit  SME Banking  Capital and Treasurry
  • 18. IFIC Bank Limited They are using different technologies to provide their services ,this technologies are:  Fully computerized under networked environment.  Use Mysis banking software to provide better solution  Operating fully on-line Automated Teller Machine
  • 19. IFIC Bank Limited  ATM facilities are available to the customers at Q-Cash booth  They use their own website(www.ificbankbd.com)  They communicate with branches through E-mail, video- conference, Tele-conference
  • 20. IDLC Finance Limited IDLC was initially established in Bangladesh in 1985 through the collaboration of International Finance Corporation (IFC) of the World Bank They are conducting their business through four division such as  Corporate division  Consumer division  SME division  Capital division
  • 21. IDLC Finance Limited In each division they are using different technologies for customer convenience such as:  Customer can easily apply for loan via internet.  They use Oracle-Flexco software for high-tech solution.  Provide job Advertisement in the internet.  They use punching card to evaluate employees job Performance.
  • 22. IDLC Finance Limited  They have own website (www.idlc.com)  They advertise their new service through social networking such as  Face book  Online newspaper  Online job portal etc.
  • 23. BD Groups Limited BD group is one of the largest groups of companies in Bangladesh. They have distinguished companies under this group. They control their large business process through efficient management information technology
  • 24. BD Groups Limited  They use different technologies in their business process such as:  They use automation technology in case of Manufacturing and production  They use Quick –Book software  Promote their new product or services using social media  Recruitment process are executed through online
  • 25. THE END Thank You For Having Patience