MIS course is designed under Cost and works Accounting III of TY BCOM under SPPU
Size: 3.24 MB
Language: en
Added: Jul 29, 2024
Slides: 53 pages
Slide Content
Management Information System Dr Kshitija Gandhi
Retail Industry: Reliance Mart
Healthcare Industry: Electronic Health Records (EHR)
Manufacturing Industry: Enterprise Resource Planning (ERP) at Toyota
Hospitality Industry Transportation Industry E-commerce Industry: Amazon’s Recommendation Engine
MIS
Components of MIS
Components of MIS
Need of MIS
Features
Features
Advantages
Advantages
MIS : Supply Chain Management
Definition of Supply Chain Management Design, planning, execution, control, and monitoring of supply chain activities With the objective of creating net value , Building a competitive infrastructure Leveraging worldwide logistics Synchronizing supply with demand and measuring performance globally .
Objectives of Supply Chain Management
SCM consists of
SCM Processes
Features
Features
Efficiency Supply chain Model Continuous Flow Models Manufactures same products with little fluctuations Most traditional supply chain model Best suitable for matured industries that operate with a certain degree of stability Stability in high demand situations
The Fast Chain Models Trendy products : Short life cycle Flexible model Best suitable for fashion industry Fast supply chain model Shortening time from idea to marketing Highest forecast and assumption accuracy End to end efficiency with affordable cost
Efficient Chain Model Used in highly competitive market Pricing plays important role Commoditized organizations where production cycle and competition are solely based on prices Inventory management and order fulfillment are prime areas. Steel and cement Industry
Responsive Supply Chain Models Custom configured Model Providing custom configurations during assembly and production High degree of correlation between asset and total cost Combination of agile model and continuous flow model Combination model is used : product is build before configuration Agile model : downstream processes
Agile Model
Flexible Model
Cost and Management System (CMS)
Cost and Management System (CMS)
Cost and Management System (CMS)
Cost and Management System (CMS)
Key points in designing of CMS Cost and Management System
Points to be considered while designing CMS Cost and Management System
ERP : Enterprise Resource Planning
Process Model
Logical Model Graphical depiction of the logical relationship between resources and activities, output and outcomes of a programme . Used in : Evaluation Stage Planning and implementation Stage
Physical Model Consists of sub systems interact with each other and to produce information in desired format. Efficiency with each module will interact with others will determine the effectiveness of MIS