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Management Information Systems
Notes Manufacturing – Computer-based manufacturing information systems help a company achieve
computer-integrated manufacturing (CIM), and thus simplify, automate, and integrate many of
the activities needed to quickly produce high-quality products to meet changing customer
demands.
Example: Computer-aided design using collaborative manufacturing networks helps
engineers collaborate on the design of new products and processes. Then manufacturing resource
planning systems help plan the types of resources needed in the production process. Finally,
manufacturing execution systems monitor and control the manufacture of products on the factory
floor through shop floor scheduling and control systems, controlling a physical process (process
control), a machine tool (numerical control), or machines with some humanlike work capabilities
(robots).
Human Resources Management – Human resource information systems support human resource
management in organizations. They include information systems for staffing the organization,
training and development, and compensation administration. HRM websites on the Internet or
corporate intranets have become important tools for providing HR services to present and
prospective employees.
Accounting and Finance – Accounting information systems record, report, and analyze business
transactions and events for the management of the business enterprise.
Example: Common accounting information systems include order processing, inventory
control, accounts receivable, accounts payable, payroll, and general ledger systems.
Information systems in finance support financial manager in decisions regarding the financing
of a business and the allocation of financial resources within a business. Financial information
systems include cash management, online investment management, capital budgeting, and
financial forecasting and planning.
Did u know? What is accounting system?
Information systems that record and report business transactions, the flow of funds through
an organization, and produce financial statements.
Cross-Functional Enterprise Systems – Many e-business applications are integrated cross-
functional enterprise applications like Enterprise Resource Planning (ERP), Customer Relationship
Management (CRM), and Supply Chain Management (SCM), which also reengineers the business
processes involved. Enterprise Collaboration Systems (ECS) support and enhance communication
and collaboration among the teams and workgroups in an organization.
These systems themselves are being interconnected with Enterprise Application Integration
(EAI) software so that the business users of these applications can more easily access the
information resources they need to support the needs of customers, suppliers, and business
partners.
Transaction Processing Systems - Online transaction processing systems play a vital role in
e-commerce. Transaction processing involves the basic activities of (1) data entry, (2) transaction
processing, (3) database maintenance, (4) document and report generation, and (5) inquiry
processing. Many firms are using the Internet, intranets, extranets, and other networks for
online transaction processing to provide superior service to their customers and suppliers.
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