Logistics Management Information System [LMIS]

KashyapManojMenon 4,402 views 28 slides Jul 24, 2020
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About This Presentation

Know what is Logistics Management Information System and different information systems


Slide Content

Logistics Management Information System Kashyap.Manoj.Menon 1

Kashyap.Manoj.Menon 2 Introduction The   logistics management information system  (LMIS) is a  system  of records and reports – whether paper-based or electronic – used to aggregate, analyze, validate and display data (from all levels of the  logistics system ) that can be used to make  logistics  decisions and manage the supply chain . The logistics is “the process of strategically managing.”

Kashyap.Manoj.Menon 3 Importance of Logistics Management I nformation System Logistics information systems are important for achieving logistics efficiency and effectiveness. In an enterprise, logistics information system seeks to achieve the following: It ensures of logistics functional operations into a process pursuing customer satisfaction at the lowest total cost . Information system facilitates planning and control of the logistical activities related to order fulfilment. It makes the firm more competitive, by making better tactical and strategic decision for the benefits of the firm and its customer. Helps provide customers information regarding product availability, order status, and delivery schedules promoting customers service. It reduces the requirements of inventory and human resources by enabling requirements planning. It interfaces with marketing, financial, and manufacturing information systems and provides information to top management to help formulate strategic decisions for the whole firm.

Kashyap.Manoj.Menon 4 List of the Information tools in Logistics Information System The following are the Information System under the Logistics Information System : Sales Information System Purchase Information System Inventory Control Shop Floor Information System Plant Maintenance Information System Quality Management System Retail Information System Transport Information System

Kashyap.Manoj.Menon 5 LOGISTICS MANAGEMENT INFORMATION SYSTEM [LMIS] PLANNING/ FORECASTING EARLY WARNING SYSTEM INVENTORY INFORMATION SYSTEM SHOP FLOOR INFORMATION SYSTEM SALES INFORMATION SYSTEM PURCHASE INFORMATION SYSTEM PLANT MAINTANENCE INFORMATION SYSTEM QUALITY MANAGEMENT INFORMATION SYSTEM LOGISTICS INFORMATION LIBRARY RETAIL INFORMATION SYSTEM TRANSPORTATION INFORMATION SYSTEM

Kashyap.Manoj.Menon 6 Sales Information System The  Sales Information System  is a flexible tool which allows you to collect, consolidate, and utilize data from  Sales  and Distribution processing . It can used in different levels in the decision making process as a control and planning instrument, enabling you to recognize market developments and economic trends early on and to take the appropriate measures.

Kashyap.Manoj.Menon 7 Components of Sales Information System Some of the important components of sales information system are as follows : SIS has four components: Collection of data from internal sources on continuous basis Collection of data from internal sources on ad-hoc basis Scanning of environment Marketing research

Kashyap.Manoj.Menon 8 Purchasing Information System The Purchasing Information System can be used at a variety of levels in the decision-making process as an instrument for monitoring, controlling and planning your business operations. It is a flexible tool for collecting, aggregating and analyzing data from Purchasing . The information system allows you to view all information in the operative application from a wide range of perspectives. The Purchasing Information System contains informative key figures which help you to detect and appraise changes and trends at an early stage.

Kashyap.Manoj.Menon 9 Features of Purchase Information System The following are features of Purchase Information System : It determine the quality and quantity needed and the time is needed. It manifests the best possible price. It maintains information on sources of supply. This system includes the Economic Order Quality [EOQ], Optimal Reorder Point [ORP], Quantity Discount [QD] , and Material Requirement Planning [MRP].

Kashyap.Manoj.Menon 10 Inve ntory Contro lling The   Inventory Control System  is a system the encompasses all aspects of managing a company's  Inventories ; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering . It keeps control of the stock so that we are able to hold the least amount of inventory in your warehouses which makes easier for organization, lower holding costs, better cash flow, and more space within the warehouses. When it comes to inventory control procedures, less is definitely more.

Kashyap.Manoj.Menon 11 Types Of Inventory Controlling The Inventory Management can take a variety forms, and choosing a method is critical to optimized storage practices. Depending on the size of the business, one or more of these methods can help get you the right track. The main 4 methods are as follow: The Periodic M ethod : Data is send to the inventory system periodically. The Perpetual M ethod : Data is constantly send to the inventory system. Barcode System : Mobile scanners and barcodes help efficiently find and move stock. RFID Tagging System : more expensive but actively scan without input from employees.

Kashyap.Manoj.Menon 12 Quality Management Information System The Quality Management System is a collection of business processes focused on consistently meeting customer requirements and enhancing their satisfaction. It is aligned with an organization's purpose and strategic direction.  Benefits of QMIS are as follows: Defining, improving, and controlling processes Reducing waste Preventing mistakes Lowering costs Facilitating and identifying training opportunities Engaging staff Setting organization-wide direction Communicating a readiness to produce consistent results

Kashyap.Manoj.Menon 13 QUALITY STANDARDS RELATIONSHIP MANAGEMENT EVIDENCE BASED DECISION MAKING LEADERSHIP ENGAGEMENT OF PEOPLE IMPROVEMENT PROCESS APPROACH

Kashyap.Manoj.Menon 14 Transportation Information System The  Transportation Management System is a platform that's designed to streamline the shipping process.  A typical scenario of the application of automated  Transportation System  include procurement and shipping orders to be evaluated by the planning module offering the various the user various suggested routing solutions.

Kashyap.Manoj.Menon 15 COMPONENTS OF TRANSPORTAION INFORMATION SYSTEM

Kashyap.Manoj.Menon 16 COMPONENTS OF TRANSPORTATION INFORMATION SYSTEMS The main structural components of T ransport Networks are: Node Link Flow Gateway Hub Feeder Corridor

Kashyap.Manoj.Menon 17 Plant Maintenance Information System Plant Maintenance Information System .  Information System  in logistics is used as tool for monitoring, controlling & planning the business processes. Many modules have different  Information  Structures and LIS reports for example Material Management, Sales and Distribution,  Plant Maintenance , Production etc.

Kashyap.Manoj.Menon 18 Key Figures Of Plant Maintenance Information System T he following functions of Plant Maintenance key figures are as follow − Damage Analysis Object Statistics Breakdown Analysis Cost Analysis Customer Notifications Vehicle Consumption Analysis

Kashyap.Manoj.Menon 19 Retail Information System Retail management information systems  (RMIS) collect and organize  information  needed by  retail managers  and company decision-makers to better stock, staff and guide the business to financial success. Often, RMIS rely on computer programs that track inventory and dictate what is ordered.

Kashyap.Manoj.Menon 20 Types Of Retail Information System 1. Transaction Processing System : A Transaction Processing System is a set of information which processes the data transaction in database system that monitors transaction programs. The system is useful when something is sold over the internet. It allows for a time delay between when an item is being sold to when it is actually sold. 2. Management Information System: A management information system is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves people, processes and technology in an organizational context.

Kashyap.Manoj.Menon 21 3.  Decision Support System:  A decision support system (DSS) is a computerized program used to support determinations, judgments, and courses of action in an organization or a business. A DSS sifts through and analyzes massive amounts of data, compiling comprehensive information that can be used to solve problems and in decision-making. 4. Executive Information System: An executive information system (EIS), also known as an Executive support system (ESS), is a type of management support system that facilitates and supports senior executive information and decision-making needs. It provides easy access to internal and external information relevant to organizational goals.

Kashyap.Manoj.Menon 22 Shop Floor Information System The Business dictionary defines shop floor as – “The area in a manufacturing facility where assembly or production is carried out, either by an automated system or by workers or a combination of both. The shop floor may include equipment, inventory and storage areas.” Shop floor is the place where design specifications are referred, machinery and manufacturing equipment are employed for production, parts are assembled or some raw material is processed. The shop floor is responsible to produce an intermediate or a final product.

Kashyap.Manoj.Menon 23 Role Of Shop Information System The Shop Floor Information System (SFIS) links activities on the manufacturing shop floor to manufacturing control systems. This is done by capturing data about the manufacturing shop and communicating it to appropriate control systems. Since the SFIS operates both as a computer data link to manufacturing control systems and as the data capture link to shop floor personnel, the SFIS design incorporates two data structures, one for efficient use of computer resources and one for efficient and effective use of shop floor personnel. SFIS technology and implementation issues are also addressed with respect to the impact they have on the degree of success of any SFIS.

Kashyap.Manoj.Menon 24 Planning / Forecasting Forecasting is an attempt to determine in advance the most likely outcome of an uncertain variable. Planning and controlling logistics systems need predictions for the level of future economic activities because of the time lag in matching supply to demand. Logistics requirements to be predicted include customer demand, raw material prices, labour costs and lead times. Qualitative methods are mainly based on expert judgement or on experimental approaches, although they can also make use of simple mathematical tools to combine different forecasts. This chapter describes the main forecasting method when the demand pattern displays a constant or linear trend and a seasonal variation with periodicity M. It outlines some advanced forecasting techniques.

Kashyap.Manoj.Menon 25 Early Warning System An early warning system can be implemented as a chain of information communication systems and comprises sensors, event detection and decision subsystems. They work together to forecast and signal disturbances that adversely affect the stability of the physical world, providing time for the response system to prepare for the adverse event and to minimize its impact. EWS Observer Controller Model and the Subsystem To be effective, early warning systems need to actively involve the communities at risk, facilitate public education and awareness of risks, effectively disseminate alerts, and warnings and ensure there is constant state of preparedness. A complete and effective early warning system supports four main functions: risk analysis, monitoring and warning; dissemination and communication; and a response capability.

Kashyap.Manoj.Menon 26 Logistics Information Library Logistics information systems are a subset of the firm's total information system, and it is directed to the particular problems of logistics decision making. There are three distinct elements that make up this system: the input. the database and its associated manipulations . There are three distinct elements that make up this system: 1. The input 2. The database and its associated manipulations 3. The output

Kashyap.Manoj.Menon 27 Logistics: The Inputs The inputs are data items needed for planning and operating logistics system obtained from sources like customers, company records, and published data and company personnel. Logistics: The Database and Its Associated Manipulations Management of the database involves selection of the data to be stored and retrieved, choice of the methods of analysis and choice of the basic data-processing procedures. Logistics: The Outputs The outputs of a logistics information system include: 1. summary reports of cost or performance statistics, 2. status reports of inventories or order progress, 3. exception reports that compare desired performance with actual performance, 4. reports that initiate action. Output can also be in the form of documents such as transportation bills of lading and freight bills.

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