Copyright © Wondershare Software
To provide lower and middle management withprinted or electronic reports with inquirycapabilities so that they can contro...
Copyright © Wondershare Software
Internal Data Sources  Organization’s TPS and ERP systems  Related Databases.External Data Sources  Customers.  Supp...
MIS uses the input data and processesit into information for the use ofmanagers primarily in the form of pre-determined r...
Collection of reports (scheduledreports, key-indicator reports anddemand reports, exception reports anddrill-down reports...
Provide reports with fixed and standardformats.Produce hard-copy and soft-copy reports.Use internal data stored in the ...
Scheduled (Periodic) reports :- Reports producedperiodically (daily, weekly or monthly etc) depending on thedecision maki...
Demand reports :- Reports or screen outputs developed togive relevant information at someone’s request (adhoc).Suppliers ...
Financial MIS :- Provides financial information to accountants, broader setof people who need to make better decisions on...
Copyright © Wondershare Software
Profit/Loss and Cost systems :- Organize revenue and cost data forthe company. The internal input to the MIS.    Profit ...
Auditing :- Analyzing the financial condition of an organization anddetermining whether financial statements and reports ...
Funds Usage and Management :- Assist with funds usage andmanagement..  Internal uses of funds      Purchasing additiona...
A marketing MIS supports managerialactivities   related       to     productdevelopment,      distribution,    pricingdec...
Overview of a marketing MIS                  Copyright © Wondershare Software
Market research :- Market research is a formal study of themarket and customer preferences. Tools used for marketresearch...
A human resource MIS, also called thepersonnel MIS, is concerned withactivities related to employees andpotential employe...
Activities performed :- Workforce analysisand planning, hiring, training, job and taskmanagement, other personnel related...
Human resource planning :- Overall purpose: Put the right number andkinds of employees in the right jobs when they are ne...
Copyright © Wondershare Software
Design and engineering.Master production schedule and inventorycontrol.Process control.Quality control and testing.   ...
Accounting MISs :- An information systemprovides aggregate information on accounts payable,accounts receivable, payroll a...
Copyright © Wondershare Software
Upcoming SlideShare
Loading in …5
×

Management information systems (mis)

683 views
583 views

Published on

Published in: Education
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
683
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Management information systems (mis)

  1. 1. Copyright © Wondershare Software
  2. 2. To provide lower and middle management withprinted or electronic reports with inquirycapabilities so that they can control, organize andplan more effectively and efficiently.Computerized MISs typically extract andsummarize data from TPSs to allow managers tomonitor and direct the organization Copyright © Wondershare Software
  3. 3. Copyright © Wondershare Software
  4. 4. Internal Data Sources Organization’s TPS and ERP systems Related Databases.External Data Sources Customers. Suppliers. Competitors and stock holders (not already captured by TPS). Internet and Extranets. Copyright © Wondershare Software
  5. 5. MIS uses the input data and processesit into information for the use ofmanagers primarily in the form of pre-determined reports. Copyright © Wondershare Software
  6. 6. Collection of reports (scheduledreports, key-indicator reports anddemand reports, exception reports anddrill-down reports.) that are distributedto managers. Copyright © Wondershare Software
  7. 7. Provide reports with fixed and standardformats.Produce hard-copy and soft-copy reports.Use internal data stored in the computersystem.Allow end users to develop their own customreports.Require user requests for reports developedby systems personnel. Copyright © Wondershare Software
  8. 8. Scheduled (Periodic) reports :- Reports producedperiodically (daily, weekly or monthly etc) depending on thedecision making need.For Examples:-Daily or weekly sales analysis reportsMonthly financial reports.Key-indicator reports :- Provide a summary of the previousday’s critical activities and typically available at the beginningof each work day. They summarize inventory levels,production activity, sales volume etc. Copyright © Wondershare Software
  9. 9. Demand reports :- Reports or screen outputs developed togive relevant information at someone’s request (adhoc).Suppliers & customers use demand reports.Example :-Inventory level of certain productException reports :- Reports which are automaticallyproduced when a situation is unusual or requires managementaction.Drill-down reports :- Reports which provide detail data abouta situation.Demand Report Push Reporting Copyright © Wondershare Software
  10. 10. Financial MIS :- Provides financial information to accountants, broader setof people who need to make better decisions on a daily basis.Financial MISs perform the following functions.Integrate financial and operational information from multiple sources,including the Internet, into a single system.Provide easy access to data for both financial and non financial users.Make financial data immediately available to shorten analysis turnaroundtime.Enable analysis of financial data among multiple dimensions-time,geography, product, plant, customerAnalyze historical and current financial activity. Monitor and control theuse of funds over time Copyright © Wondershare Software
  11. 11. Copyright © Wondershare Software
  12. 12. Profit/Loss and Cost systems :- Organize revenue and cost data forthe company. The internal input to the MIS. Profit center :- Department within an organization that tracks total expenses and net profits. Example - investment division of a large insurance company. Revenue center :- Division within a company that tracks sales or revenues. Example - marketing or sales department Cost center :- Division within a company that does not directly generate revenue. Example - manufacturing, research and development Copyright © Wondershare Software
  13. 13. Auditing :- Analyzing the financial condition of an organization anddetermining whether financial statements and reports produced byfinancial MIS are accurate.Types of auditing are Internal auditing :- Auditing performed by individuals within the organization. External auditing :- Auditing performed by an outside group. Copyright © Wondershare Software
  14. 14. Funds Usage and Management :- Assist with funds usage andmanagement.. Internal uses of funds Purchasing additional inventory and machinery Hiring new employees Buying new office equipment Increasing marketing and advertising Investing in new products Increasing research and Development. External uses of funds They are typically investment (investing in banks, stocks, bonds, bills, notes, futures, foreign currency) related Copyright © Wondershare Software
  15. 15. A marketing MIS supports managerialactivities related to productdevelopment, distribution, pricingdecisions, promotions, and salesforecasting. Copyright © Wondershare Software
  16. 16. Overview of a marketing MIS Copyright © Wondershare Software
  17. 17. Market research :- Market research is a formal study of themarket and customer preferences. Tools used for marketresearch include surveys, questionnaires, pilot studies andinterviews.Product development :- This involves the conversion of rawmaterials into finished goods and services.Promotion and advertising :- To improves their sales. Richness and reach are important measures of effective advertising.Product pricing :- Product or service pricing is anotherimportant and complex marketing function. With relation to aproduct, retail price, whole-sale price, and price discounts mustbe set. Copyright © Wondershare Software
  18. 18. A human resource MIS, also called thepersonnel MIS, is concerned withactivities related to employees andpotential employee of the organization. Copyright © Wondershare Software
  19. 19. Activities performed :- Workforce analysisand planning, hiring, training, job and taskmanagement, other personnel related issues.Outputs :- Some organizations havecomputer systems to assist with humanresource planning, hiring, training, skillsinventorying, wage and salary administration. Copyright © Wondershare Software
  20. 20. Human resource planning :- Overall purpose: Put the right number andkinds of employees in the right jobs when they are needed.Personnel selection and Recruiting :- If the human resource planreveals that additional personnel are required, the next step is to recruit andselect personnel. Management information systems can also be used tohelp rank and select potentialEmployees Training and skills inventory :- For some jobs very specifictraining should be given to new employees. Other jobs may require generaltraining about the organizational culture, orientation, dress standards andthe expectations of the organization.Employee schedules :- developed for each employee, showing his/herjob assignment over the next week or month.Job placements :- often determined based on skills inventoryreports, which show which employee might be best suited to a particular job.Wage and salary administration :- This MIS subsystem involvesdetermining wages, salaries and benefits (medical payments, savingplans, retirement accounts).Outplacement :- Employees leave companies for various reasons. Copyright © Wondershare Software
  21. 21. Copyright © Wondershare Software
  22. 22. Design and engineering.Master production schedule and inventorycontrol.Process control.Quality control and testing. Copyright © Wondershare Software
  23. 23. Accounting MISs :- An information systemprovides aggregate information on accounts payable,accounts receivable, payroll and many otherapplications.Geographical Information Systems :- A computersystem is capable of assembling, storing,manipulating and displaying geographicallyreferenced information, that is data identifiedaccording to its location. Copyright © Wondershare Software
  24. 24. Copyright © Wondershare Software

×