1 MANAGEMENT INFORMATION SYSTEM Table of Contents Introduction....................................................................................................................2 Discussion......................................................................................................................2 Description of the organisation..................................................................................2 Description and impact of the problem......................................................................3 Intervention for the problem......................................................................................4 Conclusion......................................................................................................................8 References......................................................................................................................9
2 MANAGEMENT INFORMATION SYSTEM Introduction In the present times, whether the businesses are big or even small, majority of the business intends to manage the business without excessive complaints from the customers and gain profit extensively. The organisations are required to implement the system for collecting, processing, storing as well as sharing data. Earlier, these particular businesses require significant time as well as resources. This report intends to discuss the issues faced by the Amazon Company and suggest the most appropriate solution for eliminating the issues. The detailed description of the issue has been provided in this report and then the impact of the problem on the organisation has been provided. Lastly this report concludes with an appropriate conclusion for the report. Discussion Description of the organisation In the last two decade, the company Amazon has become significantly popular among the common people and it has become the foremost preference of the people who intend to execute online shopping. This company is the American multinational E Trade company and it has become the most popular online retailer, a service provider along with offering the services of efficient cloud computing (Kantor and Streitfeld 2015). Presently the company is mainly emphasising on the two major sectors of integration that includes the Information system as well as customer relationship management to allow the improved growth of the business additionally. Presently the company is utilising each perspective of information technology for the increasing the business in various sectors. For gaining the ability of improved serving of customers, the company is adopting each element as well as the fundamentals of information system (Ritala, Golnam and Wegmann 2014). The software that is primarily used by the company allows them in attaining as well as attracting the consumers
3 MANAGEMENT INFORMATION SYSTEM as well as the market with the availability of the strongest coverage within the fundamentals of information system, which includes the support of the process and the operation, improved decision making, appropriate strategies for gaining competitive advantage (Pandit and Poojari 2014). With the extensive utilisation of the data technology, it was deduced that the organisation requires an effective warehouse because it helps in saving information that is concentrated initiating with various external, operational, and the various databases that are required by them. Description and impact of the problem Even though the Amazon Company is considered as a growing organisation in the present business environment, it still has some issues that are required to be considered and analysed for ensuring the positive development of the organisation. In the recent times, the most prominent issue in the organisation is the managing pace with the growth of the e- commerce industry (Galloway 2017). It has been observed in the organisation that the inefficient working of the centralised platform in the organisation is the main reason for the inefficiency of this organisation. The employees of the organisation do not possess the updatedinformationforworkingaccuratelyinrealtime.Whentheemployeesneed significantly updated information to function appropriately, they have to wait for several hours to obtain the real time information regarding any aspect. In the online retailing service, there are several issues that are present in the businesses (Picq 2016). The significant simplicity of using online shopping allows the customers in searching for the most suitable prices instead of remaining loyal to any particularr vendor. It is significantly tough to earn the loyalty of the vendors several times when there is high competition. The improved customer experience might or might not go overlooked (Correll et al. 2016). Moreover, if any customers of the organisation has had any bad experience, they are certain in raising the concern that in turn might affect online ratings. A significantly
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4 MANAGEMENT INFORMATION SYSTEM highly competitive markets leads to the changing prices for similar product through the various online markets even in the similar portal between the various sellers. The small businesses are significantly affected by the competitive pricing and the slashing of the product rates is not possible for their small margins of profit. Even with the big organisation like Amazon, the slashing of the products is significantly difficult and it leads to the decrease in the profit margin for the entire organisation. It has been observed that the various departments of the organisation are not appropriately streamlined and there is minimal synchronisation among the various departments. It leads to inefficient knowledge sharing and the information is not shared effectively. The main reason for the unavailability of any synchronisation among the various departments and the managers is the unavailability of the efficient central platform in the organisation that helps in linking all the departments. Intervention for the problem For increasing the synchronisation among the various departments of the organisation and increase the knowledge sharing among the various departments, it is recommended to implement the management information system in the organisation that would help in accessing the required information by the employees and the managers of the various departmentscouldviewtheinformationformakingtheimprovedinformeddecision. Information system has been considered as the collection of the integrated m for the storage, collection, and executing the processing of data and to deliver the information, cards as well as any digital products (Laudon and Laudon 2016). The business firms as well as other organisations depends on the information system for executing as well as managing the operations, execute the efficient interaction with the customers as well as the merchants and then effectively compete in the marketplace. The information system is considered as the dynamic sector or the field that helps in monitoring the changes, and is considered as the most crucial driving force that is induced by development of the computers (Laudon and
5 MANAGEMENT INFORMATION SYSTEM Laudon 2015). It is the system that functions and revolves around the use of information. The major function of the information is the avoiding significant uncertainty as well as the unpredictable circumstances that is creating the solid base for the qualitative decision undertaking in the leadership and the management (Galliers and Leidner 2014). The information system is completely linked elements that functions combining together with the sole purpose to collect, process and then save the information distribution. The information system is also considered as the computer system that assists in collection, processing, storing, and then reporting data from the various available sources for providing the required information which helps in managing the procedure of making the decisions (Walsham 2015). The main intention of this system is the processing of information, saving as well as transmitting the appropriate information in exact location as well as improved information system has been considered as the system that mainly performs the functions with significantly less expense. The management information system offers the required information, which is needed by the organisation for the improved management with efficiency and effectiveness. The management information system has been considered as the computer system utilised for the management of the organisations. The primary components of the management information system includes the software, hardware, data, people, as well as the procedures (Braglia and Frosolini 2014). The management information systems are considered significantly distinct from any other information system as these information are used for analysing as well as facilitating the operational and strategic activities. Academically, this term has been commonly utilised for referring to study of the methods by which the individuals, organisations or even the groups perform the evaluation, designing, implementation, management and the utilisation of the system for generating information for enhancing the efficiency and the effectiveness of the decision making that includesthesystems,whicharetermedasthedecisionsupportsystems,executive
6 MANAGEMENT INFORMATION SYSTEM information system and the expert systems (Han et al. 2014). This information system would be significantly beneficial for the Amazon Company as it would help the managers in undertaking the informed decisions for the growth of the organisation. The context of managementinformationsystem in the organisationhas modifiedover the years and presently it comprises of the various facets of functions of the organisation. The system of the organisation has the capability of managing the data from the collection to the processing. The system has the ability of presenting the information in the form as well as the format that it helps in creating the effect on the user, influencing the decisions or any inquiry. Over a significant time period, when the theoretical developments were being done in the management information system, the main concept of end user computing utilising the several databases was introduced. This particular idea introduced the most fundamental alteration in the concept of management information system (Goes 2014). The modification was the decentralisation of system as well as the user of that information who is becoming independent of the computer professionals. The main concept of the management information provides significant regard to individual as well as the ability of the individual of using the information. The management information provides the required information with the help of data analysis. While the analysis of data is being done, it mainly depends on several academic disciplines. It includes the main theories, concepts as well as the principles from several sectors and creating the management information system increasingly useful and effective (Brocke and Rosemann 2014). Thefoundationofmanagementinformationmainlyincludestheprinciplesof management as well as the practices. The main idea of the management information system could be easily developed for any particular intention if it has been developed afterwards the designing and the systematic planning. It introduces the investigation of the business, the views as well as policies of the management, the culture of the organisation as well as
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7 MANAGEMENT INFORMATION SYSTEM management type. The information must be produced in the setting and it should be significantlyusefulinthemanagementofthebusiness(Dwivedietal.2015).This functionalitycouldbesolelypossiblewhentheconceptualisationofthemanagement information system has been done with the appropriate designing. Management information system relies significantly on the concept of the systems and provides the required solutions for handling the complicated situations of any output or input flows. It utilises the theories of the communication that assists in evolving the design of the system and capable of handling the inputs of the data, the output and the process with least possible distortion or any noise in the transmission of the information from source to destination. With the help of management information system in the organisation, the organisation would gain the simplification of several processes as the system guarantees that the gathering of the appropriate data is done from the various sources, then it is effectively processed and then transmitted to all the required destinations. This system has been anticipated to fulfil the requirementsofinformationofanyindividual,oranygroupoftheindividuals,he management functionaries, as well as the top management (Park and Lee 2014). The introduction of management information system in the organisation significantly simplifies the diverse requirements with the help of variety of systems like Query systems, Analysis systems, Decision support systems, modelling systems. Management information system significantly assists with the strategic planning, the management mechanism, the operational mechanism as well as the transaction processing. The management information systems implemented in the organisation assists the clerical individuals with transaction processing, then effectively answer any queries on data associated with the transaction, status of any specific record as well as the references on the variety of the documents. Implementation of management information system in the organisation helps the personnel of the junior management with offering the required operational data to execute scheduling, planning as
8 MANAGEMENT INFORMATION SYSTEM well as control and then assist the individual with the required decision making at operations level for rectifying any situation that has been out of control. Conclusion Therefore, it could be concluded that implementation of management information system in the Amazon Company would help the organisation with the simplification of several processes of the organisation. It has been observed in the organisation that the inefficient working of the centralised platform in the organisation is the main reason for the inefficiency of this organisation. The employees of the organisation do not possess the updated information for working accurately in real time. With the help of management information system in the organisation, the organisation would gain the simplification of several processes as the system guarantees that the gathering of the appropriate data is done from the various sources, then it is effectively processed and then transmitted to all the required destinations.
9 MANAGEMENT INFORMATION SYSTEM References Braglia,M.andFrosolini,M.,2014.Anintegratedapproachtoimplementproject management information systems within the extended enterprise.International Journal of Project Management,32(1), pp.18-29. Brocke, J.V. and Rosemann, M., 2014. Handbook on business process management 1: Introduction, methods, and information systems. Correll, N., Bekris, K.E., Berenson, D., Brock, O., Causo, A., Hauser, K., Okada, K., Rodriguez, A., Romano, J.M. and Wurman, P.R., 2016. Analysis and observations from the firstamazonpickingchallenge.IEEETransactionsonAutomationScienceand Engineering,15(1), pp.172-188. Dwivedi, Y.K., Wastell, D., Laumer, S., Henriksen, H.Z., Myers, M.D., Bunker, D., Elbanna, A., Ravishankar, M.N. and Srivastava, S.C., 2015. Research on information systems failures and successes: Status update and future directions.Information Systems Frontiers,17(1), pp.143-157. Galliers, R.D. and Leidner, D.E., 2014.Strategic information management: challenges and strategies in managing information systems. Routledge. Galloway, S., 2017.The four: the hidden DNA of Amazon, Apple, Facebook and Google. Random House. Goes,P.B.,2014.Designscienceresearchintopinformationsystemsjournals.MIS Quarterly: Management Information Systems,38(1), pp.iii-viii. Han, J., Choi, C.S., Park, W.K., Lee, I. and Kim, S.H., 2014, January. Smart home energy management system including renewable energy based on ZigBee and PLC. In2014 IEEE International Conference on Consumer Electronics (ICCE)(pp. 544-545). IEEE.
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10 MANAGEMENT INFORMATION SYSTEM Kantor, J. and Streitfeld, D., 2015. Inside Amazon: Wrestling big ideas in a bruising workplace.New York Times,15, pp.74-80. Laudon, K.C. and Laudon, J.P., 2015.Management Information Systems: Managing the Digital Firm Plus MyMISLab with Pearson eText--Access Card Package. Prentice Hall Press. Laudon, K.C. and Laudon, J.P., 2016.Management information system. Pearson Education India. Pandit,V.andPoojari,A.,2014.Astudyonamazonprimeairforfeasibilityand profitability: A graphical data analysis.IOSR Journal of Business and Management,16(11), pp.06-11. Park, J.G. and Lee, J., 2014. Knowledge sharing in information systems development projects: Explicating the role of dependence and trust.International Journal of Project Management,32(1), pp.153-165. Picq,M.,2016.RethinkingIRfromtheAmazon.RevistaBrasileiradePolÃtica Internacional,59(2). Ritala, P., Golnam, A. and Wegmann, A., 2014. Coopetition-based business models: The case of Amazon. com.Industrial Marketing Management,43(2), pp.236-249. Walsham, G., 2015. Interpreting information systems in organizations.