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Functional information system

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Functional information system

  2. 2. 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”.
  3. 3. CHARACTERISITCS Many small changes in a large database Systematic records (mostly numerical) Routine actions & updating Data preparation is a large & important effort
  4. 4. 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
  5. 5. 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
  6. 6. 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.
  7. 7. INPUTS  Transaction Processing Data  Marketing Research Data  Marketing Intelligence Data  External Environment Data  Strategic Plan OUTPUTS Product Planning Place Planning Promotion Pricing Budget Allocation Sales Forecast
  9. 9. 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
  11. 11. 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
  12. 12. CHARACTERISTICS  Performs necessary tasks  Adheres to relatively standardized procedures  Handles detailed data  Has a primarily historical focus  Provides minimal problem solving information
  13. 13. INFORMATION SYSTEM FOR PRODUCTION & MANUFACTURING PRODUCTION PROCESS Schedule Production Source Raw Material Check Inventory Receive Order Allocate Resources Complete Job Quality Testing Send Order
  14. 14. 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 
  15. 15. TYPES OF MANUFACTURING ISS  Automation Systems  Logistics Systems  Material Requirement Planning(MRP)  Manufacturing Resource Planning(MRP II)  Agile Manufacturing Environment  Enterprise Resource Planning
  16. 16. 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     
  17. 17. MODEL OF FINANCIAL INFORMATION SYSTEM Input subsystem Forecasting subsystem Internal resources Internal audit subsystem Environmenta l sources Data base Funds mgmt subsystem Control subsystem Financial intelligence system DATA INFORMATION USERS