Benefits of Management Information Systems

Benefits of Management Information Systems

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Evolution of technology has a better option in the revolution of the world thereby progressing from the Stone Age to the classier development and implementation of systems rich in “human intelligence”.
The purpose and relevance of management information system is to give direct control to executives to make decisions that give dynamic takeover of the company’s goals. An active Management information system combines data amassed by company’s operations, exterior involvements and records of past activities into information that gives vivid description of what the company has achieved in strategic areas of interest and what is required for supplementary progress. The most important characteristic of Management information system are those that give managers, executives and decision-makers the sureness that their activities have desired consequences
Taking into account the services “Gage Bandix” is rendering, I will endorse they deploy the Strategic Information system approach. Wikipedia defines Strategic information systems as “information systems that are developed in response to corporate business initiative”. I select this scheme because installing it will give an economical advantage to “Gage Bandix”, convey products without any form of deficiency, condense services that are affordable and is distinguished, accentuated on a specific market segment. Four features the system needs to have to ascertain its use are as follows:
Decision support systems
The decision support system will as a matter of fact help in the categorization and distribution of the laptops thereby reducing the cost involved in dispatching. Structuring the decisions involved with the sharing of the laptops can only not help maintain the free flow of activities but also give maximum and dynamic distribution of services. Bringing into line information technology with concerns to contemporary day technological progression renovates the superlative handling and management of data systematized by a company. Distinctive information that the Decision Support Application will amass and render would be:
 Accessing the company’s current information resources including relational data sources and legacy, data warehouses etc.
 Direct comparisons between sales made every day to ensure effectual deployment of the laptops
 Anticipated revenues statistics established on new product sales expectations.
 The significances of dissimilar assessment alternatives taking into considerations past experiences based on framework that is described.
There should be a Local Enterprise supply planning clarifications that incorporate or link the business processes to happenstance the Enterprise objectives for the optimization of the enterprises assets. Some of the most conjoint Enterprise components include those for artifact planning, dispersal, bookkeeping, publicizing, funding and Human Resource. The rudimentary objective is to deliver one chief repository for all information that is public by all the various gears of the Enterprise resource facets in order to smooth the flow of data crosswise within organization.

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A Database system
There is the necessity to have a database that will empower definition, creation, querying and update and also data supervision. A database system is an assortment of files or services that are related and stored in a well-organized manner. This warrants that the data is abridged, safe and easy.
Real time information system
This involves an information system that intends to retain a rapid-response to glitches that emerges for laidback directives to be administered.

Customer intelligence is a primary aspect in conveying effectual customer relationship management and when effectively employed, becomes a lucrative spring of intuition into the behavior and familiarity of a company’s customer base.
As an example, some customers walk into a shop and walk out without buying anything. Information about such customers will not exist in the Customer Relationship System as no sales is entered on the shops cash register.

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