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An MIS provides information and support for effective decision making, and provides feedback on daily operations.
MIS is a system, which makes available the Right Information to the Right Person at the Right place at the Right Time in the Right Form and at Right Cost.
Management
MIS
The
combination of human and computer based resources that results in the collection, storage, recovery, communication and use for the purpose of efficient management.
It is a method of interaction with the Customer through different ways, Such as: Telephone Fax E-mail and others.
Handling
of quantity data Quick recovery Mass Storage Confirmation of validity of data Timely Communication
Operations
Business Funtion
Financing
Retail Pricing Sales Promotions Sales Force Management. Customer Loyalty Interactive Marketing
Chapter 7
10
By Salar Memon
Retail management information systems support distributed stores by linking them. By allowing the instant exchange of information, store managers can stay in contact to more effectively control profits for the whole company. The system should support product management. It should also enable detailed analysis of customer data. A flexible system allows managers to set prices for variable time periods based on the store location. To meet the needs of sales and inventory managers, retail management information systems include a mobile user interface.
Function
Supporting
the basic functions of procurement, storage and delivery, a retail management information system allows a manager to manage customers, inventory, suppliers and product sales. The system allows you to track purchase orders and update inventory records dynamically. You can analyze cash, check and credit card transactions to reconcile information. Improve efficiency by examining overage and shortages to reveal trends that can be rectified.
By ASAD SHAIKH
Retail
Integration between payments, inventory and transactions improves operations and reduces costs by preventing duplicate entries.
The IT department is separated from operations and the IT department is only in charge of giving information.
Process is too much time taking.
By Sartaj Sangi