Case Study about Information System Management Model
Summary: This Case Study presents the purchase management information system, finance management information system and security information system, their interdependence and tight correlation. Furthermore, we state the goals of the purchase management information system that must be achieved in any organisation, as the purchase (sub)process is carried out in every organisation. P-K matrix gives a detailed presentation of a public organisation, and data classes and sub-processes within the observed organisation. Other companies involved in similar activities can perform their processes in accordance with the presented business technology matrix. The business technology matrix was used for designing a data flow process diagram comprising data flow, warehouses, processes and the external entity which can also be used in such companies.
Introduction: Along with support in decision-making, the managerial information system serves as support to managers when making decisions. Decisions are frequently made in the purchase information system, based on information from the finance information system. More often than not, relevant information required in the purchase process are gathered from financial reports. This Case Study presents cost effectiveness over a period of five years in the financial report analysis process, to that the hypothesis was set at the outset of the longterm research, in 2008. Overal cost-effective coefficients for the period from 2005 until the end f 2008 were known, so that they were not taken into consideration when setting the hypothesis. The hypothesis was set for the period from the beginning of 2009 until December 31, 2010. H0 denotes null hypothesis, whereas H1 is the mark for the alternative hypothesis. Hypothesis H0 refers to a situation when the cost-effectiveness coefficient of the total business operation over th observed two years does not amount less than 1, when we take into account the data from financial reports ofthe observed company, i.e. profit-and-loss account.
The planning and controlling operations is largely dependent on managing the substantial information generated, not just of relevance to the operations function but seamless integration of all business functions. It is towards this aim that the Enterprise Resource Planning (ERP) systems are developed to provide the information backbone needed to support business decisions and execute the operations. So ERP is described as software system that integrates application programs in manufacturing, logistics, sales and marketing, finance, human resources and the other functions in a firm (Vollmann et al. 2005). The noted experts Tom Wallace and Bob Stahl prefer to express ERP as enterprise-wide set of management tools that help balance demand and supply, thus encompassing the roots of ERP and the decision support capability. Read More….
Abstract: This paper aims to provide a review of information and communication technology (ICT) models and frameworks in the implementation of one communication technique namely electronic data interchange (EDI). The main body of this paper describes and explains the usage of these tools and any specific industries in which they are applied. The tools are then individually analysed and then compared for similarities, dissimilarities, and their associated attributes. The methodology used divides the models into two categories, electronic data interchange specific and more generic
Introduction problem definition Electronic data interchange (EDI) A constructive element of electronic commerce (e-commerce), a definition of which is “the electronic exchange of goods and services’’. This exchange process can be sub-divided into three stages, the pre-purchase stage, the purchase stage and the delivery stage (Schuknecht and Perez-Esteve, 1999). The second of these stages is predominately the EDI stage. EDI utilises standardised business document templates for the exchange of electronic information between trading partners. It is a value adding communication technique and an enabler of change. It assists customer service improvements whilst providing cost benefits, through trading partner collaboration and cohesion (Jenkins, 1989)..
PepsiCo Italia needed an information management system to manage and track assets it loans at no cost to clients, such as coolers and fountains. It also sought to increase operational efficiency and trace every event involving every piece of equipment during the entire asset life cycle. Learn about the integrated enterprise asset management (EAM) system PepsiCo chose to supports all equipment asset management processes…click for details
This study investigated the use of Management Information Systems (MIS) in decision-making and shows how a MIS system was able to save a bank’s 30 Percent Man Hours and substantial operational cost in First Year … read ahead
According to a new report by Symantec, the total size of information stored by all businesses today is 2.2 zettabytes. Enterprises, on average, have 100,000 terabytes of information, while small and mid-sized businesses (SMBs) on average have 563 terabytes of data. Moreover, that number is expected to grow 67 percent over the next year for enterprises and 178 percent for small and mid-sized businesses.
Those numbers can be difficult to visualize. So try this: 10 kilobytes is about the equivalent of a single sheet of paper filled with text. If you were to stack those sheets of paper, 1 million terabytes (or sheets of paper) would give you a stack as high as the Empire State Building (1,454 feet). And 2.2 zettabytes would be enough for 1,287 Empire State Building-sized stacks of paper, about 374 miles…click here to read ahead
The Andhra Pradesh police department is the primary law and order maintenance agency in the state. An increase in organised crime and communal violence has led to the duties of the police being widened. This is where department decided to come up with a modern solution for the better management of the actvities…click here for case details
Agri research has played a vital role in in development of statistical methods. I is indeed true that the statistical tools have wide applicability to almost any branch of science dealing with thw uncertain phenomenon involving aggregates. With the advent of computers & combination of statistical tools & computer technology, has it actually helped agricultural research? Read more…
This case presents and compares the top five motivating and inhibiting factors for faculty participation in Asynchronous Learning Networks (ANL) or distance education (DE) as reported by faculty participators and non-participators, and administrators. While faculty and administrators agreed strongly on what inhibits faculty from participating in ALN/DE programs,there were significantly different perceptions on what motivates faculty to participate across the three groups. For ALN/DE programs to succeed, faculty participation is imperative; therefore, program administrators need to understand why faculty participate…click here for details
In a 2006 SAP survey, 93 percent of respondents experienced data management issues during their most recent projects. The problem: many organizations believe that they are using master data, when in fact what they are relying on is data that is dispersed throughout the enterprise. Discover the importance of master data and how the ideal master data management (MDM) solution can help your business get it under control. Read more….