MIS
MIS - Means by Management information systems called is MIS Report, like whats are work is done in your place that every thing convert or keep system wise updation to submit management. Inventory level, labour attendance,ITR, good receipt details and good damages,quality reports.
A management Information system (MIS) is an information system that provides predefined types of information to management
Management information systems (MIS) serve the lower and middle management level of the organization, providing managers with reports and, in some cases, with on-line access to the organization's current performance and historical records. Typically, they are oriented almost exclusively to internal, not environmental or external, events. Management Information system (MIS) primarily serve the functions of planning, controlling, and decision making at the management level. Generally, they are dependent on underlying transaction processing systems for their data. Management Information system (MIS) summarize and report on the basic operations of the company
Management Information system (MIS) usually serve managers interested in weekly, monthly, and yearly results not day-to-day activities. Management Information system (MIS) generally address structured questions that are known well in advance. These systems are generally not flexible and have little analytical capability. Most management Information system (MIS) use simple routines such as summaries and comparisons, as opposed to sophisticated mathematical models or statistical techniques.
Management Information system (MIS) is used for both management planning and management control functions. Because management Information system (MIS) reports are associated with managerial decision-making, their value is often hard to quantify.
Information system at middle and lower level of an organization that serve the functions of planning, controlling, and decision making by providing routine summary and exception reports.
Properties of Management Information System:
Support structured and semi structured decisions, primarily at the middle and lower level management
Management Information system (MIS) is intended principally to assist middle level management. It helps them with tactical decisions. It enables them to spot trends and get an overview of current business activities.
Provide fixed types of reports in an established format
Management Information system (MIS) are relatively inflexible
The information requirements of users are normally known and stable
Often hardcopy reports
Usually require a formal run schedule
Management Information system (MIS) generally aid in decision making using past and present data
Management Information system (MIS) rely on existing corporate data and data flows
Usually consists of internal operational data rather then data about the external environment
More concerned with data about the past than data relating to the future
Often oriented to summary and exception reporting
Reports produced by management Information system (MIS) usually fall into one of four categories: scheduled reports, exception reports, demand reports, summary reports.
a. Scheduled Reports:
Scheduled reports also called periodic reports are those that are issued periodically i.e. hourly, daily, weekly, monthly, quarterly, or annually. Examples of such reports are daily production report and monthly performance report. These types of reports can be used either for planning or control purposes.
b. Exception Reports:
Exception reports are issued when something unusual takes place that require the attention of management. For instance, an expense overrun would likely trigger the generation of an exception report or an inventory report that lists only those items that number fewer than 10 in stock. Exception reports are used primarily for control purposes.
c. Demand Reports:
Demand reports are generated when someone with authority request information in response to an unscheduled demand. An executive asking for a financial report or director finance order a credit background report of an unknown customer who want to place a large order.
d. Summary Reports:
Summary reports show totals and trends. An example would be a report showing total sales by office, by product, by salesperson, of overall total sales.
List of a few MIS reports of various departments are as follows
Marketing And Sales:
Trend of orders
Order position by product/area
Order progress
Customer analyses and profiles
Product Profitability
Market Surveys
Finished Stock positions and forecasts
Selling Costs by product/area/representative
Distribution costs by product/area/representative
Discount Forecasts by area/product
Personnel:
Wages and Salary analysis
Labor Turnover Statistics
Accident and Absentee reports
Training Returns
Job Descriptions
Joint consultation reports and minutes
Pension analysis and projections
Job Evaluation reports
Manpower planning reports and projections
Management Accounting
Operating Statement
Budget Statements
Standard Costs and Variance returns
Cost investigations
Project Investment appraisals
Expenditure analyses
Profit forecasts
Cash flow statements and forecasts
Inputs to the Manufacturing MIS
Strategic plan or corporate policies.
The TPS:
Order processing
Inventory data
Receiving and inspecting data
Personnel data
Production process
External sources
Manufacturing MIS Subsystems and Outputs
Design and engineering
Master production scheduling
Inventory control
Manufacturing resource planning
Just-in-time inventory and manufacturing
Process control
Computer-assisted manufacturing (CAM)
Computer-integrated manufacturing (CIM)
Flexible manufacturing system
Quality control and testing
Manufacturing MIS
Material requirements planning (MRP)
Determine when finished products are needed
Determine deadlines accordingly
Manufacturing resource planning (MRPII)
Network scheduling
Improve customer service and productivity
Just in time (JIT) inventory system
Inventory and materials delivered right before usage
A management Information system (MIS) is an information system that provides predefined types of information to management
Management information systems (MIS) serve the lower and middle management level of the organization, providing managers with reports and, in some cases, with on-line access to the organization's current performance and historical records. Typically, they are oriented almost exclusively to internal, not environmental or external, events. Management Information system (MIS) primarily serve the functions of planning, controlling, and decision making at the management level. Generally, they are dependent on underlying transaction processing systems for their data. Management Information system (MIS) summarize and report on the basic operations of the company
Management Information system (MIS) usually serve managers interested in weekly, monthly, and yearly results not day-to-day activities. Management Information system (MIS) generally address structured questions that are known well in advance. These systems are generally not flexible and have little analytical capability. Most management Information system (MIS) use simple routines such as summaries and comparisons, as opposed to sophisticated mathematical models or statistical techniques.
Management Information system (MIS) is used for both management planning and management control functions. Because management Information system (MIS) reports are associated with managerial decision-making, their value is often hard to quantify.
Information system at middle and lower level of an organization that serve the functions of planning, controlling, and decision making by providing routine summary and exception reports.
Properties of Management Information System:
Support structured and semi structured decisions, primarily at the middle and lower level management
Management Information system (MIS) is intended principally to assist middle level management. It helps them with tactical decisions. It enables them to spot trends and get an overview of current business activities.
Provide fixed types of reports in an established format
Management Information system (MIS) are relatively inflexible
The information requirements of users are normally known and stable
Often hardcopy reports
Usually require a formal run schedule
Management Information system (MIS) generally aid in decision making using past and present data
Management Information system (MIS) rely on existing corporate data and data flows
Usually consists of internal operational data rather then data about the external environment
More concerned with data about the past than data relating to the future
Often oriented to summary and exception reporting
Reports produced by management Information system (MIS) usually fall into one of four categories: scheduled reports, exception reports, demand reports, summary reports.
a. Scheduled Reports:
Scheduled reports also called periodic reports are those that are issued periodically i.e. hourly, daily, weekly, monthly, quarterly, or annually. Examples of such reports are daily production report and monthly performance report. These types of reports can be used either for planning or control purposes.
b. Exception Reports:
Exception reports are issued when something unusual takes place that require the attention of management. For instance, an expense overrun would likely trigger the generation of an exception report or an inventory report that lists only those items that number fewer than 10 in stock. Exception reports are used primarily for control purposes.
c. Demand Reports:
Demand reports are generated when someone with authority request information in response to an unscheduled demand. An executive asking for a financial report or director finance order a credit background report of an unknown customer who want to place a large order.
d. Summary Reports:
Summary reports show totals and trends. An example would be a report showing total sales by office, by product, by salesperson, of overall total sales.
List of a few MIS reports of various departments are as follows
Marketing And Sales:
Trend of orders
Order position by product/area
Order progress
Customer analyses and profiles
Product Profitability
Market Surveys
Finished Stock positions and forecasts
Selling Costs by product/area/representative
Distribution costs by product/area/representative
Discount Forecasts by area/product
Personnel:
Wages and Salary analysis
Labor Turnover Statistics
Accident and Absentee reports
Training Returns
Job Descriptions
Joint consultation reports and minutes
Pension analysis and projections
Job Evaluation reports
Manpower planning reports and projections
Management Accounting
Operating Statement
Budget Statements
Standard Costs and Variance returns
Cost investigations
Project Investment appraisals
Expenditure analyses
Profit forecasts
Cash flow statements and forecasts
Inputs to the Manufacturing MIS
Strategic plan or corporate policies.
The TPS:
Order processing
Inventory data
Receiving and inspecting data
Personnel data
Production process
External sources
Manufacturing MIS Subsystems and Outputs
Design and engineering
Master production scheduling
Inventory control
Manufacturing resource planning
Just-in-time inventory and manufacturing
Process control
Computer-assisted manufacturing (CAM)
Computer-integrated manufacturing (CIM)
Flexible manufacturing system
Quality control and testing
Manufacturing MIS
Material requirements planning (MRP)
Determine when finished products are needed
Determine deadlines accordingly
Manufacturing resource planning (MRPII)
Network scheduling
Improve customer service and productivity
Just in time (JIT) inventory system
Inventory and materials delivered right before usage
