Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Cash Flowing
ii. Credit Planning Incentive Credit Relationship Credit iii. Budget Planning iv. Profit Planning
Selective Information i. Bills Payable ii. Bills Receivable iii. Age Analysis iv. Profit contribution Analyzed Information i. Management Ratios ii. Trend Patterns iii. Management Forecasts Interrelated Information i. Cost of Inventory Ii. Cost of capital iii. Cost of Production per Employee iv. Cost of Marketing and Advertisement v. Cost of Personnel
Integrated Information i. Total Sales Turnover ii. Total Profit iii. Total Profit (before/after tax) iv. Total cash Realizations
Purchase Planning -Vendor Rating Analysis (Selective Information) -Purchase Monitoring (Interlinked Information) ii. Supplying Chain Planning iii. Inventory Planning -Fast Moving Analysis (Selective Information) -Slow moving Analysis (Selective information) -Age Analysis (Selective Information) -Dead Stock Analysis (Selective Information)
Categories of industry
Process Engineering
Process Industry
Output from the previous process becomes the input to the subsequent process. Until it reaches the end product Eg: Steel, Cement, Fertilizers, etc.,
ENGINEERING INDUSTRY
Marketing Management is the most popular area of activity among the corporate and is paid a lot of attention, in terms of information gathering and dissemination. Clerical Level Simple accounting systems are mostly sales-oriented. The related transactions are recorded in all these systems that operate for historical record-keeping. Managerial Level Sales Client database Order Database Sales Database Finance Database Finished Goods Database Competitors Database
Marketing Planning
Decision making in marketing area needs various medium-term and long-term MIS reports
Customer Relationship Management ( CRM) The customer relationship, built up through CRM, has become an important business practice and used a very large database of the client, keeps track of their choices and preferences. Conclusion: Marketing management has been a familiar ground of operation for most corporate. The need for effective support system in decision-making can be served through quality MIS reports.
Clerical Level
The age old payroll system is the best case in point for personnel management at the clerical level. Master files Transaction files
Conclusion
Good MIS support for management is essential for large corporate so that proper planning is done: 1. To meet employee aspirations 2. To work out cash flow considerations 3. Above all, to let HR be a real asset to the organization.