Download - Functional information system
FUNCTIONAL INFORMATION SYSTEM
BY AMIT PANDEY & GANESH HEGDE
MEANING
“A functional information system is a system that provides detailed information for a specific type of activity or related group of activities, as well as summarized information for management control of such activities”.
CHARACTERISITCS
Many small changes in a large database
Systematic records (mostly numerical)
Routine actions & updatingData preparation is a large &
important effort
EQUIPMENT REQUIREMENTS OF FUNCTIONAL INFORMATION SYSTEMS Large auxiliary storage
Dual use files Moderate input/output requirements Flexible printing capacity Offline data entry Often difficult to define the problem Needs fast random access to large storage
capacity Organization of computer storage is difficult Versatile inquiry stations desirable
FUNCTIONAL INFORMATION SYSTEM
Information System for Marketing (MIS) Information System for HR Management (HRIS) Information System for Accounts (AIS) Information System for Production & Manufacturing Information System for Finance Management
INFORMATION SYSTEM - MARKETING
Definition : Marketing Information
System(MIS) is a computer based system that works with other functional information systems to support the firm’s management in solving problems that relates to marketing of the firm’s products.
INPUTS
Transaction Processing Data
Marketing Research Data
Marketing Intelligence Data
External Environment Data
Strategic Plan
OUTPUTS
Product Planning
Place PlanningPromotionPricingBudget
AllocationSales Forecast
INFORMATION SYSTEM FOR PERSONNEL
PERSONNEL INFORMATION SYSTEM
Recruitment – Position Inventory, Recruitment using Internet, Employee Selection
Maintenance & Development – Training & Development, Performance Evaluation, Turnover & Absenteeism analysis
Human Resources Management & Planning – Personal Information & Privacy Issues, Compensation & Benefits
INFORMATION SYSTEM FOR ACCOUNTING MANAGEMENT (AIS)
INFORMATION SYSTEM FOR ACCOUNTS (AIS)
Accounting Information System performs the firm’s accounting applications. A high volume of data processing characterizes these applications. Data manipulation, data storage & document preparation.
Process Recording Posting to Subsidiary Ledger Posting to General Ledger Posting Cycle
CHARACTERISTICS
Performs necessary tasks Adheres to relatively standardized procedures Handles detailed data Has a primarily historical focus Provides minimal problem solving information
INFORMATION SYSTEM FOR PRODUCTION & MANUFACTURING
Receive Order
Check Inventory
Source Raw Material
Schedule Production
Allocate Resources
CompleteJob
QualityTesting
SendOrder
PRODUCTION PROCESS
INFORMATION SYSTEM FOR PRODUCTION & MANUFACTURING
The Manufacturing Information System is a set of tools for managing the flow of manufacturing production data throughout the enterprise. This IS was designed to provide tools for both IT & Operations personnel who would deliver services to anyone in the plant.
Tasks : Plant activity scheduling Material requirement assessment Material reallocation between orders Dynamic inventory management Grouping work orders by characteristics Resource qualification for task completion
TYPES OF MANUFACTURING ISS
Automation SystemsLogistics SystemsMaterial Requirement Planning(MRP)Manufacturing Resource Planning(MRP II)Agile Manufacturing EnvironmentEnterprise Resource Planning
INFORMATION SYSTEM FOR FINANCE
The term Financial Information System is used to describe the CBIS subsystem that provides information to persons & groups both inside & outside the firm concerning the firm’s financial matters.
Functions: Integrate financial & operational information from multiple
sources Provide easy access to data Make data available immediately Analyze historical & current financial activity Monitor & control the use of funds over time
Input subsystem
Internal resources
Internal audit subsystem
Environmental sources
Financial intelligence system
Data base
Forecasting subsystem
Funds mgmt subsystem
Control subsystem
USERS
DATA INFORMATION
MODEL OF FINANCIAL INFORMATION SYSTEM