Management Information System (MIS) provides flexible and speedy access to accurate data for personal, professional, organizational, national, and global use. MIS processes data into information that is communicated to various departments in an organization to aid in decision making. It has various subsystems and outputs like scheduled reports, key indicator reports, and demand reports that provide information to managers. MIS takes inputs from various sources and uses information technology to collect and process data for management.

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

2. What is MIS ???MIS or Management Information System would be defined as : A computer based system.

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 InformationMIS By Pinaki Basu

13. Outputs of a Management Information SystemScheduled reportsProduced periodically, or on a schedule (daily, weekly, monthly)Key-indicator reportSummarizes the previous day’s critical activitiesTypically available at the beginning of each dayDemand reportGives certain information at a manager’s requestException reportAutomatically produced when a situation is unusual or requires management actionMIS By Pinaki Basu

14. Characteristics of a Management Information SystemSystem ApproachManagement OrientedNeed BasedException BasedMIS By Pinaki Basu

15. Characteristics of a Management Information SystemFuture OrientedSub System ConceptCentral DatabaseLong Term PlanningMIS By Pinaki Basu

16. ProcessingFunctional AspectsUserUserSourceUserSourceUserSourceMIS By Pinaki Basu

17. AdvantageEffective 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 MISProvides financial information to all financial managers within an organization.MIS By Pinaki Basu

20. MIS By Pinaki Basu

21. Inputs to the Financial Information SystemStrategic plan or corporate policiesContains 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 OutputsFinancial subsystemsProfit/loss and cost systemsAuditingDSSUses and management of fundsFinancial Position of organization.MIS By Pinaki Basu

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

24. Inputs to the Manufacturing MISStrategic plan or corporate policies.The TPS:Order processingInventory dataPersonnel dataProduction processExternal sourcesMIS By Pinaki Basu

25. Manufacturing MIS Subsystems and OutputsDesign and engineeringInventory controlManufacturing resource planningJust-in-time inventory and manufacturingProcess controlComputer-integrated manufacturing (CIM)Quality control and testingMIS By Pinaki Basu

26. Marketing MISSupports managerial activities in product development, distribution, pricing decisions, and promotional effectivenessMIS By Pinaki Basu

27. MIS By Pinaki Basu

28. Inputs to Marketing MISStrategic plan and corporate policiesThe TPSExternal sources: The competitionThe marketMIS By Pinaki Basu

29. Marketing MIS Subsystems and OutputsMarketing researchProduct developmentPromotion and advertisingProduct pricingMIS By Pinaki Basu