Management Information Technology in businesses
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Transcript of Management Information Technology in businesses
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Presentation on the MIS in Business Process
Welcome to our Presentation
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Business Process
Business process are concrete workflows of
material ,information and knowledge sets of
activities . The performance of a business firm
depends on how well its business process are
designed and coordinated
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Generally business process are designed in four wayssuch as
Manufacturing and production Sales and Marketing Finance and Accounting Human resource
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Manufacturing and Production
Simply we understand about manufacturing and production that the creation and assembly of components and finished
products for sale.
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Assemble the product:The company utilizes assembly processes such
as manual, semi-automatic and fully automated
assemble technique.
Checking for quality: System for verifying and maintaining a desired
level of quality in an existing product or service
by careful planning,
Manufacturing and production executed its specific task through some process as well as
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Producing bills of materials:A bill of materials is a list of the parts or
components that are required to build a
product. The bills of materials provides the
manufacturer's part number (MPN) and the
quantity needed for each component
Manufacturing and Production
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Sales and Marketing is a very important part in
the business process .No business can exist
without sales and to increase sales we need
marketing.
Sales and Marketing
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Through MIS we perform three tasks in sales and marketing these task are
Identifying the customer:To identify the customers the most popular way
is market segmentation it is a way to identify the
targeted customers for organization concentrate
on a group of people.
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Sales and Marketing
Making customer aware of the product:After identifying the target customers for a
specific product or service .It becomes very
important to make the customers aware of the
product and make them stimulate to buy or use
the service.
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Sales and Marketing
Selling the product:Selling the product is the ultimate goal of a
business organization because it helps the
business organization to generate money pay for
the costs of other business functions.
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Finance and Accounting
MIS in finance have been widely adopted both by corporation as well as govt. there information system with capacity to maintain large database enabling organization to store .
Budget Planning:Financial budget planning uses pro-forma or
projected financial statements that serves as
formal documents of management exception
regarding sales, expenses.
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Human Resource
Financial Reporting:The use of MIS in finance enable ,companies to
generate multiple financial reports accurately
and consistently.
Managing cash Account :Cash Management is an accounting term that
refers to the process of managing or
safeguarding and tracking the cash in your
Business.
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Human Resource
Hiring employees Evaluating job performance Enrolling employees benefit plans
Hiring employees: To hire the employees companies use two sources:1.Internal Source
2.External Source
s
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External source: hire the employees from the external sources they give job vacancy advertisement in the newspaper, internets such as: Bdjob, job24.
INTERNAL SOURCE: Sometimes to hire an employee companies fill up the post
among the existing employees. This is the best way because the existing employees know the companies work environment very well.
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Evaluating the job performanceDifferent companies use diffentrent types of technologies to
evaluate the job performance of the employees for example they
Use. Punching card CC Camera Call recording Log-in
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Enrolling employees in benefits plan: Organizations provider different benefit plan
for economic security of organizations
Employees. This benefits are such as : Housing Group insurance Social Security
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IFIC Bank Limited
International Finance Investment and
Commerce Bank Limited (IFIC Bank) is banking company
incorporated in 1976 as joint venture
They serve their customer through distinguish service such as Corporate Banking Retail Banking Agricultural credit SME Banking Capital and Treasurry
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IFIC Bank Limited
They are using different technologies to provide
their services ,this technologies are:
Fully computerized under networked environment.
Use Mysis banking software to provide better solution
Operating fully on-line Automated Teller Machine
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IFIC Bank Limited
ATM facilities are available to the customers at Q-Cash booth
They use their own website(www.ificbankbd.com)
They communicate with branches through E-mail, video-conference, Tele-conference
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IDLC Finance Limited IDLC was initially established in Bangladesh in 1985 through the
collaboration of International Finance Corporation (IFC) of the World Bank
They are conducting their business through four division such as Corporate division Consumer division SME division Capital division
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IDLC Finance Limited
In each division they are using different technologies for customer convenience such as:
Customer can easily apply for loan via internet. They use Oracle-Flexco software for high-tech solution. Provide job Advertisement in the internet. They use punching card to evaluate employees job
Performance.
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IDLC Finance Limited
They have own website (www.idlc.com) They advertise their new service through social networking
such as Face book Online newspaper Online job portal etc.
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BD Groups Limited
BD group is one of the largest groups of
companies in Bangladesh. They have
distinguished companies under this group. They
control their large business process through
efficient management information technology
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BD Groups Limited
They use different technologies in their business process such as:
They use automation technology in case of
Manufacturing and production They use Quick –Book software Promote their new product or services using social
media Recruitment process are executed through online
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THE END
Thank You For Having Patience