Management Information Technology in businesses

Presentation on the MIS in Business Process

Welcome to our Presentation

Business Process

Business process are concrete workflows of

material ,information and knowledge sets of

activities . The performance of a business firm

depends on how well its business process are

designed and coordinated

Generally business process are designed in four wayssuch as

Manufacturing and production Sales and Marketing Finance and Accounting Human resource

Manufacturing and Production

Simply we understand about manufacturing and production that the creation and assembly of components and finished

products for sale.

Assemble the product:The company utilizes assembly processes such

as manual, semi-automatic and fully automated

assemble technique.

Checking for quality: System for verifying and maintaining a desired

level of quality in an existing product or service

by careful planning,

Manufacturing and production executed its specific task through some process as well as

Producing bills of materials:A bill of materials is a list of the parts or

components that are required to build a

product. The bills of materials provides the

manufacturer's part number (MPN) and the

quantity needed for each component

Manufacturing and Production

Sales and Marketing is a very important part in

the business process .No business can exist

without sales and to increase sales we need

marketing.

Sales and Marketing

Through MIS we perform three tasks in sales and marketing these task are

Identifying the customer:To identify the customers the most popular way

is market segmentation it is a way to identify the

targeted customers for organization concentrate

on a group of people.

Sales and Marketing

Making customer aware of the product:After identifying the target customers for a

specific product or service .It becomes very

important to make the customers aware of the

product and make them stimulate to buy or use

the service.

Sales and Marketing

Selling the product:Selling the product is the ultimate goal of a

business organization because it helps the

business organization to generate money pay for

the costs of other business functions.

Finance and Accounting

MIS in finance have been widely adopted both by corporation as well as govt. there information system with capacity to maintain large database enabling organization to store .

Budget Planning:Financial budget planning uses pro-forma or

projected financial statements that serves as

formal documents of management exception

regarding sales, expenses.

Human Resource

Financial Reporting:The use of MIS in finance enable ,companies to

generate multiple financial reports accurately

and consistently.

Managing cash Account :Cash Management is an accounting term that

refers to the process of managing or

safeguarding and tracking the cash in your

Business.

Human Resource

Hiring employees Evaluating job performance Enrolling employees benefit plans

Hiring employees: To hire the employees companies use two sources:1.Internal Source

2.External Source

s

External source: hire the employees from the external sources they give job vacancy advertisement in the newspaper, internets such as: Bdjob, job24.

INTERNAL SOURCE: Sometimes to hire an employee companies fill up the post

among the existing employees. This is the best way because the existing employees know the companies work environment very well.

Evaluating the job performanceDifferent companies use diffentrent types of technologies to

evaluate the job performance of the employees for example they

Use. Punching card CC Camera Call recording Log-in

Enrolling employees in benefits plan: Organizations provider different benefit plan

for economic security of organizations

Employees. This benefits are such as : Housing Group insurance Social Security

IFIC Bank Limited

International Finance Investment and

Commerce Bank Limited (IFIC Bank) is banking company

incorporated in 1976 as joint venture

They serve their customer through distinguish service such as Corporate Banking Retail Banking Agricultural credit SME Banking Capital and Treasurry

IFIC Bank Limited

They are using different technologies to provide

their services ,this technologies are:

Fully computerized under networked environment.

Use Mysis banking software to provide better solution

Operating fully on-line Automated Teller Machine

IFIC Bank Limited

ATM facilities are available to the customers at Q-Cash booth

They use their own website(www.ificbankbd.com)

They communicate with branches through E-mail, video-conference, Tele-conference

IDLC Finance Limited IDLC was initially established in Bangladesh in 1985 through the

collaboration of International Finance Corporation (IFC) of the World Bank

They are conducting their business through four division such as Corporate division Consumer division SME division Capital division

IDLC Finance Limited

In each division they are using different technologies for customer convenience such as:

Customer can easily apply for loan via internet. They use Oracle-Flexco software for high-tech solution. Provide job Advertisement in the internet. They use punching card to evaluate employees job

Performance.

IDLC Finance Limited

They have own website (www.idlc.com) They advertise their new service through social networking

such as Face book Online newspaper Online job portal etc.

BD Groups Limited

BD group is one of the largest groups of

companies in Bangladesh. They have

distinguished companies under this group. They

control their large business process through

efficient management information technology

BD Groups Limited

They use different technologies in their business process such as:

They use automation technology in case of

Manufacturing and production They use Quick –Book software Promote their new product or services using social

media Recruitment process are executed through online

THE END

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