By Ashwin Dedhia
Management information systems provide decision-makers information and feedback on daily operations. Additionally, management information systems can be used strategically, often incorporating Web technology.
Marketing MIS: Marketing Management Information System (MIS) supports managerial activities in product development, distribution, pricing decisions, promotional effectiveness and sales forecasting.
Overview of Marketing Management Information System (MIS)
Inputs to Marketing MIS
Strategic plan […]
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Posted on April 26th, 2008 by Ashwin Dedhia
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By Ashwin Dedhia
Inventory control programs are one component of a manufacturing MIS that relies on the production schedule. Inventory control programs can forecast future production, automatically reorder items when a certain threshold is met, determine manufacturing costs, and develop resource requirements plans from the production schedule.
Manufacturing Requirements Planning (MRP) programs help coordinate thousands of inventory […]
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Posted on April 25th, 2008 by Ashwin Dedhia
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By Ashwin Dedhia
Financial MIS Provides financial information to all financial managers within an organization. It integrates financial & operational information from multiple sources. Financial MIS eases analysis by providing fast financial data. It enables financial analysis from different aspects; time, product, customer. With Financial MIS, one can analyze historical and current data. Also one can […]
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Posted on April 24th, 2008 by Ashwin Dedhia
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By Ashwin Dedhia
What is a balanced scorecard? A balanced scorecard provides a means for linking the strategies of the different business areas within a corporation to the overall corporate vision. The term and methodology was introduced by David Norton and Harvard Business School professor Robert Kaplan back in 1992. They had found that the typical […]
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Posted on April 23rd, 2008 by Ashwin Dedhia
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By Ashwin Dedhia
Hi friends! In my last two posts I had discussed about MIS, its benefits, 5 elements of usable MIS, sources of management information, ouputs of MIS, Scheduled reports, Key Indicator report, Demand report, Exception report, drill down report and much more. In this one, I have tried to highlight Characteristics of […]
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Posted on April 22nd, 2008 by Ashwin Dedhia
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By Ashwin Dedhia
In my earlier post I had mentioned what is MIS, its benefits, elements of usable MIS and sources of MIS. In this post I will be highlighting on outputs of Management Information Systems (MIS).
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 […]
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Posted on April 15th, 2008 by Ashwin Dedhia
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By Ashwin Dedhia
Everyone knows ‘MIS’ is a planned system of collecting, storing and disseminating data in the form of information needed to carry out various functions of management. Management Information System (M.I.S.) is basically concerned with processing data into information which is then communicated to the various departments in an organization for appropriate decision-making.
Data à […]
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Posted on April 8th, 2008 by Ashwin Dedhia
Filed under: Business Intelligence, View Points & Perspective | 1 Comment »
- By Vikram Kole
Organizations are not yet exploiting significant intelligence opportunities
Majority of CIOs believe that software for delivering business insight and intelligence is one of the key technologies today, although few of them think it is still early days for the strategic exploitation of IT in terms of adding value to the business. Technology to […]
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Posted on April 1st, 2008 by Vikram Kole
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By Vipul Mehta
Business intelligence (BI) can be used in HR to improve results across all aspects of the organization —candidate screening, performance appraisals, cost-containment, retention and productivity.
With BI HR can accelerate to:
Acquire Talent: Key insights can help HR cost-effectively find the right people in the shortest time.
Deploy Staff: To segment workforce and invest time in […]
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Posted on March 31st, 2008 by Vipul Mehta
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The prominence of CIO has risen greatly as IT has become a more important part of any business today. CIO is a title or a role held by people of Technical Decision Maker. The composition of CIO’s job is fairly consistent whether a wide or a smaller spectrum — […]
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Posted on March 26th, 2008 by Vikram Kole
Filed under: CIO Community, View Points & Perspective | 2 Comments »
