Managing Information and Technology: Categories of Information Systems and Benefits of ERP Systems in Real Life Business
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This report explores the categories of information systems, specifically MIS, DSS, and OLAP, and their role in managing and controlling information in companies. It also discusses the benefits of ERP systems in real life business, including increased operational performance, efficiency, and profitability. The report concludes with recommendations on the importance of innovation and evolving technology in company functions.
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TABLE OF CONTENT
INTRODUCTION.........................................................................................................................4
Categories of information system................................................................................................4
Enterprise Resource Planning (ERP) Systems.............................................................................6
Benefits of ERP systems in real life business..............................................................................7
REFERENCES..............................................................................................................................9
INTRODUCTION
Managing information and technology is one of the foremost activity in company for
gaining high success and productivity range in all functional activities and production scenario
among customers and services ranging from marketing department, promotional arenas. This
INTRODUCTION.........................................................................................................................4
Categories of information system................................................................................................4
Enterprise Resource Planning (ERP) Systems.............................................................................6
Benefits of ERP systems in real life business..............................................................................7
REFERENCES..............................................................................................................................9
INTRODUCTION
Managing information and technology is one of the foremost activity in company for
gaining high success and productivity range in all functional activities and production scenario
among customers and services ranging from marketing department, promotional arenas. This
report explains ERP system, which plays active role in managing and controlling wide
information streams in all department levels through which large coordination and efficiency is
established. Data collection, in depth analysis of various research scenarios with advanced
technology integration enables company to leverage high profitability and goodwill among
consumers. The overall capabilities of company internal strength builts, capital investment funds
are structured properly and optimum use is enforced within all sectors of company with use of
new innovative technology standards. The aim of this report is to analyze categories of
information systems, the ERP systems which can be installed in company for leveraging high
capital revenue and profitability rates which global access can be enhanced with various
parameters (Aasheim, Li and Williams, 2019). The objectives of report is to explain benefits of
ERP systems in real life business where companies by operating innovative new technologies
platforms enable all levels cooperation and reach out to new segments of customers worldwide.
Research breakthrough enables company to leverage latest trends and preferences of customers
within all department areas which are essential output areas which companies can gain by
integrating ERP portals. Websites and company portals with connected functional units help
quick decision functions by Top management which enables customers to get continuous growth
within all keen areas. The report delivers various examples of companies in industry where due
to high competitive environment in world, managing information and technology is highly
relevant for company growth.
Categories of information system
There are various innovative information system networks implementation of which
enables companies to gain high internal strength, function out key strategies for high potential
market share and leverage strong operational efficiency.
Management information system (MIS): The MIS information system analyzes aggregate
output with the targets of production in company for raising the future progressive success.
Inputs from point of sales need to be monitored with the latest trends and market positioning
factors, to reach optimum levels of functioning and higher profit margins. MIS enables whole
company structure to function with high efficiency and strong criteria of productivity are
produced when there is coordination on systems. With MIS future inventory orders can be
ordered as per the latest preferences of customers by analyzing the data statistics which reflect
information streams in all department levels through which large coordination and efficiency is
established. Data collection, in depth analysis of various research scenarios with advanced
technology integration enables company to leverage high profitability and goodwill among
consumers. The overall capabilities of company internal strength builts, capital investment funds
are structured properly and optimum use is enforced within all sectors of company with use of
new innovative technology standards. The aim of this report is to analyze categories of
information systems, the ERP systems which can be installed in company for leveraging high
capital revenue and profitability rates which global access can be enhanced with various
parameters (Aasheim, Li and Williams, 2019). The objectives of report is to explain benefits of
ERP systems in real life business where companies by operating innovative new technologies
platforms enable all levels cooperation and reach out to new segments of customers worldwide.
Research breakthrough enables company to leverage latest trends and preferences of customers
within all department areas which are essential output areas which companies can gain by
integrating ERP portals. Websites and company portals with connected functional units help
quick decision functions by Top management which enables customers to get continuous growth
within all keen areas. The report delivers various examples of companies in industry where due
to high competitive environment in world, managing information and technology is highly
relevant for company growth.
Categories of information system
There are various innovative information system networks implementation of which
enables companies to gain high internal strength, function out key strategies for high potential
market share and leverage strong operational efficiency.
Management information system (MIS): The MIS information system analyzes aggregate
output with the targets of production in company for raising the future progressive success.
Inputs from point of sales need to be monitored with the latest trends and market positioning
factors, to reach optimum levels of functioning and higher profit margins. MIS enables whole
company structure to function with high efficiency and strong criteria of productivity are
produced when there is coordination on systems. With MIS future inventory orders can be
ordered as per the latest preferences of customers by analyzing the data statistics which reflect
high growth and promotional scale services. The products which are not able to gain high
preference and goodwill among customers, raw materials of those shall be cut down which will
effectively maintain strong portfolio of company. MIS enables company mangers to build
innovative parameters of high growth and creativity within all sectors, which enhances further
growth cycle and productivity services among customers (Arnold,Coombs and Gubler, 2019).
Decision support system (DSS): The decision support system is used by top management
members in company to take strategic decisions based on data sourced from internal structures of
functioning. This system enables company to prioritize the high potential areas of company
which needs immediate action, competitive growth factors are analyzed and research factors
based are based on gaining high leverage customer growth. DIS reflects company potential to
train its employees to work under various competitive development scenarios and under
functional criteria which is highly relative arena. Example can be understood by the fact that
employee’s skills and potentialities are scanned, are they efficient enough to gain strength and
complete targets when production is doubled. DIS enables company to find the demographic
expansion strategies into new segments of customers, research on various new horizon
development steps among employees with which allover development can be established. DIS
uses sophisticated mathematic tools, large analysis methods and fundamental research units with
which detailed keen information on latest preferences of customers in market. The information
system has elaborately brought various parameter changes within companies in dynamic
business world, to gain strong goodwill among consumers and high profitable revenues (Basheer,
Awn and Hassan,2019).
Online analytical Processing (OLAP): The OLAP information system analyzes customer’s
interaction and preferences of various products, services on company websites and shopping
portals. The system explains how it has imperatively become highly important for companies to
focus on building customer satisfaction services, potentially reach high scale targets and form the
various strength areas which will enable long term success and goodwill levels. Customer’s
interaction and feedback services by employees can be checked for further improvement and
favorable service enhancement which will help high access to new segments of customers and
leverage potential strengths. OLAP is one of the most innovative networking information system
which reflects company performance delivery and keen interest in serving customers, ethical
preference and goodwill among customers, raw materials of those shall be cut down which will
effectively maintain strong portfolio of company. MIS enables company mangers to build
innovative parameters of high growth and creativity within all sectors, which enhances further
growth cycle and productivity services among customers (Arnold,Coombs and Gubler, 2019).
Decision support system (DSS): The decision support system is used by top management
members in company to take strategic decisions based on data sourced from internal structures of
functioning. This system enables company to prioritize the high potential areas of company
which needs immediate action, competitive growth factors are analyzed and research factors
based are based on gaining high leverage customer growth. DIS reflects company potential to
train its employees to work under various competitive development scenarios and under
functional criteria which is highly relative arena. Example can be understood by the fact that
employee’s skills and potentialities are scanned, are they efficient enough to gain strength and
complete targets when production is doubled. DIS enables company to find the demographic
expansion strategies into new segments of customers, research on various new horizon
development steps among employees with which allover development can be established. DIS
uses sophisticated mathematic tools, large analysis methods and fundamental research units with
which detailed keen information on latest preferences of customers in market. The information
system has elaborately brought various parameter changes within companies in dynamic
business world, to gain strong goodwill among consumers and high profitable revenues (Basheer,
Awn and Hassan,2019).
Online analytical Processing (OLAP): The OLAP information system analyzes customer’s
interaction and preferences of various products, services on company websites and shopping
portals. The system explains how it has imperatively become highly important for companies to
focus on building customer satisfaction services, potentially reach high scale targets and form the
various strength areas which will enable long term success and goodwill levels. Customer’s
interaction and feedback services by employees can be checked for further improvement and
favorable service enhancement which will help high access to new segments of customers and
leverage potential strengths. OLAP is one of the most innovative networking information system
which reflects company performance delivery and keen interest in serving customers, ethical
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values and functional growth functioning which will connect with industry goals. The
networking system reflects the research areas which helps to collect data of outputs, profit
generation and the liking patterns with w2hich promotion among customers is established
(Blassin, Gottlieb and Osofsky, Lionbridge Technologies Inc, 2019).
Enterprise Resource Planning (ERP) Systems
Business organisations can effectively manage all their distinct operational processes and
functions dynamically in real time through the use of dedicated Enterprise Resource Planning (ERP)
information systems. These ERP systems can help businesses increase their operational performance,
efficiency, productivity and profitability in addition to identifying operational processes that can be
further improved by business’s management to decrease the operational losses and costs incurred by the
business organisation. Implementation of ERP systems to the operations of a business organisation also
provides it a much needed competitive advantage against its competitors in the consumer markets (Shen,
Chen and Wang, 2016). ERP systems are designed to integrate together all different operational
departments, processes and functions of a business organisation so that they can operate together
cohesively by effectively communicating with each other, something which is problematic for business’s
distinct processes through traditional means. ERP systems can integrate together any and all businesses
processes such as supply chain, marketing, production, finance, logistics etc. based on the operational
requirements of the business that chooses to implement ERP systems into their operations. ERP systems
also allow for the business organisation’s management and administration to dynamically monitor the
operations and progress of its various operational processes with the intention to gaining insight into their
employee’s performance and identifying how their operations can be further be improved and made more
efficient.
ERP systems can be differentiated from other information systems owing to their two defining
characteristics that are present in all ERP systems irrespective of the type of business organisation which
implements it or the purpose for which it is implemented. The first differentiating characteristic that all
ERP systems possess is their ability to integrate together all the multiple operational processes and
functions of a business organisations such as finance, marketing, supply chain, logistics, manufacturing
etc. through the use of individual modules, who are designed to only look after the operations and
functions of a singular business department or process (Kurbel, 2016). Business organisation can
implement ERP systems modules which are specific to their operations allows them to save
implementation costs on modules which their operations do not require. These modules can collect,
record and store operational data pertaining to the business process assigned to them. These modules can
even communicate with other ERP modules for any operations which requires communication between
networking system reflects the research areas which helps to collect data of outputs, profit
generation and the liking patterns with w2hich promotion among customers is established
(Blassin, Gottlieb and Osofsky, Lionbridge Technologies Inc, 2019).
Enterprise Resource Planning (ERP) Systems
Business organisations can effectively manage all their distinct operational processes and
functions dynamically in real time through the use of dedicated Enterprise Resource Planning (ERP)
information systems. These ERP systems can help businesses increase their operational performance,
efficiency, productivity and profitability in addition to identifying operational processes that can be
further improved by business’s management to decrease the operational losses and costs incurred by the
business organisation. Implementation of ERP systems to the operations of a business organisation also
provides it a much needed competitive advantage against its competitors in the consumer markets (Shen,
Chen and Wang, 2016). ERP systems are designed to integrate together all different operational
departments, processes and functions of a business organisation so that they can operate together
cohesively by effectively communicating with each other, something which is problematic for business’s
distinct processes through traditional means. ERP systems can integrate together any and all businesses
processes such as supply chain, marketing, production, finance, logistics etc. based on the operational
requirements of the business that chooses to implement ERP systems into their operations. ERP systems
also allow for the business organisation’s management and administration to dynamically monitor the
operations and progress of its various operational processes with the intention to gaining insight into their
employee’s performance and identifying how their operations can be further be improved and made more
efficient.
ERP systems can be differentiated from other information systems owing to their two defining
characteristics that are present in all ERP systems irrespective of the type of business organisation which
implements it or the purpose for which it is implemented. The first differentiating characteristic that all
ERP systems possess is their ability to integrate together all the multiple operational processes and
functions of a business organisations such as finance, marketing, supply chain, logistics, manufacturing
etc. through the use of individual modules, who are designed to only look after the operations and
functions of a singular business department or process (Kurbel, 2016). Business organisation can
implement ERP systems modules which are specific to their operations allows them to save
implementation costs on modules which their operations do not require. These modules can collect,
record and store operational data pertaining to the business process assigned to them. These modules can
even communicate with other ERP modules for any operations which requires communication between
two business processes seamlessly and efficiently, increasing the effective communication between
distinct operational processes of a business organisation.
The second defining characteristic that all ERP information systems possess irrespective of the
type of organisation it is implemented in, is their use of a centralised database whose function is to store
the operational data collected by individual modules pertaining to their business process. This central
database can be accessed by any module for data related to any of its operations thus allowing for the
distinct ERP modules to communicate and integrate together effortlessly and efficiently (Costa and et.al.,
2016). Through the centralised database, businesses only have to ask their customer for information once,
which is stored on the central database, from which the information can be accessed by all operational
modules for all future operations.
Benefits of ERP systems in real life business
The ERP systems have brought huge scenarios change in real life business where
companies are using innovative portals, dashboards to reach out to all employees working in
company under all departments. Decisions are taken with high impact and focus on efficiency
and contingency factors which develops brand image and illustrates factors of growth in various
horizons. The ERP systems have enabled company to get access to high growth factors with
strong leverage points, determinants of productivity which keenly appraises the relative supply
of creative outputs. ERP systems have made business fast, leverage growth productivity factors
and the quest to reach high scale innovation integration has brought huge success, profitable
targets and high quality standards. ERP systems in companies enable global face structure
formulations, leverage strong growth and highly yield competitive determinants. Real life
business is highly dynamic and competitiveness among companies are highly growing which are
the strong benefits which companies can gain with implementation of ERP. Company’s financial
strength can be enhanced, as resources allocation is structured and the work among all team
members is divided with strong cooperation of leaders. ERP portals reduces work load in teams,
as major focus is established between leaders and employee conversation which also enhanced
the company goals targets completion with large margins. ERP systems have brought the
injection of creativity, talent enhanced skills among company employees with which leaders are
able to get high end benchmarks performance from them. There is strong clarity among all
functional operations which supervises further activities with high scale development, work
growth and high revenue parameters (Elsbach and Stigliani, 2019). Companies all around world
distinct operational processes of a business organisation.
The second defining characteristic that all ERP information systems possess irrespective of the
type of organisation it is implemented in, is their use of a centralised database whose function is to store
the operational data collected by individual modules pertaining to their business process. This central
database can be accessed by any module for data related to any of its operations thus allowing for the
distinct ERP modules to communicate and integrate together effortlessly and efficiently (Costa and et.al.,
2016). Through the centralised database, businesses only have to ask their customer for information once,
which is stored on the central database, from which the information can be accessed by all operational
modules for all future operations.
Benefits of ERP systems in real life business
The ERP systems have brought huge scenarios change in real life business where
companies are using innovative portals, dashboards to reach out to all employees working in
company under all departments. Decisions are taken with high impact and focus on efficiency
and contingency factors which develops brand image and illustrates factors of growth in various
horizons. The ERP systems have enabled company to get access to high growth factors with
strong leverage points, determinants of productivity which keenly appraises the relative supply
of creative outputs. ERP systems have made business fast, leverage growth productivity factors
and the quest to reach high scale innovation integration has brought huge success, profitable
targets and high quality standards. ERP systems in companies enable global face structure
formulations, leverage strong growth and highly yield competitive determinants. Real life
business is highly dynamic and competitiveness among companies are highly growing which are
the strong benefits which companies can gain with implementation of ERP. Company’s financial
strength can be enhanced, as resources allocation is structured and the work among all team
members is divided with strong cooperation of leaders. ERP portals reduces work load in teams,
as major focus is established between leaders and employee conversation which also enhanced
the company goals targets completion with large margins. ERP systems have brought the
injection of creativity, talent enhanced skills among company employees with which leaders are
able to get high end benchmarks performance from them. There is strong clarity among all
functional operations which supervises further activities with high scale development, work
growth and high revenue parameters (Elsbach and Stigliani, 2019). Companies all around world
are in cooperating ERP systems which has been witnessed as one of the biggest strength and
relative growth factor where customer’s growth into various segments can be reached.
Conclusion and recommendations
The report can be concluded with explanation on how innovation and evolving
technology parameters in company functions are high parameters which enables to get strong
position in industry. Companies globally are facing huge structural benefits with integration of
advanced innovation within all departments; leaders have built strong work efficiency within
their teams with dynamic information networks. The report concludes DIS, MIS and OLAP as
most innovative information networking systems which enables company to gain competitive
strength, high goodwill among customers and potentially reach new horizons of development.
The global value of company is enhanced when operations of products and services are latest as
per customer’s preference which not only brings high profitability factors, but long legacy is
attached with brand. The report explains ERP portals, various uses and the growth factors to
which company is developed with the usage among all level departments. ERP connects
employees with leaders and functionally enhance company goals , leverage high yield of creative
workforce and commitment among teams is developed. The report concludes real life business
activities and functions benefits which companies receive with ERP portals and systems where
there is high focus built on regular training of employees, leadership employment which
enhances overall productivity factors and generate growth within internal factors. There has been
high impact on overall productivity development in company to establish strong position as per
the external working environment which generates speed parameters in giving customers
feedback services and continuous growth functional abilities. Report has concluded with
detailed explanation on all evaluative points in company working arenas, which develops
company innovation in technology and the keen resources which are used in all departments.
Report concludes the potential synergy of growth in company forces rely on technology factors
with which products and services are delivered, there is strong productive enhancement when
internal strength of technology is evolved (Lloyd, 2020).
relative growth factor where customer’s growth into various segments can be reached.
Conclusion and recommendations
The report can be concluded with explanation on how innovation and evolving
technology parameters in company functions are high parameters which enables to get strong
position in industry. Companies globally are facing huge structural benefits with integration of
advanced innovation within all departments; leaders have built strong work efficiency within
their teams with dynamic information networks. The report concludes DIS, MIS and OLAP as
most innovative information networking systems which enables company to gain competitive
strength, high goodwill among customers and potentially reach new horizons of development.
The global value of company is enhanced when operations of products and services are latest as
per customer’s preference which not only brings high profitability factors, but long legacy is
attached with brand. The report explains ERP portals, various uses and the growth factors to
which company is developed with the usage among all level departments. ERP connects
employees with leaders and functionally enhance company goals , leverage high yield of creative
workforce and commitment among teams is developed. The report concludes real life business
activities and functions benefits which companies receive with ERP portals and systems where
there is high focus built on regular training of employees, leadership employment which
enhances overall productivity factors and generate growth within internal factors. There has been
high impact on overall productivity development in company to establish strong position as per
the external working environment which generates speed parameters in giving customers
feedback services and continuous growth functional abilities. Report has concluded with
detailed explanation on all evaluative points in company working arenas, which develops
company innovation in technology and the keen resources which are used in all departments.
Report concludes the potential synergy of growth in company forces rely on technology factors
with which products and services are delivered, there is strong productive enhancement when
internal strength of technology is evolved (Lloyd, 2020).
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REFERENCES
Books and Journals
Aasheim, C. L., Li, L. and Williams, S., 2019. Knowledge and skill requirements for entry-level
information technology workers: A comparison of industry and
academia. Journal of information systems education. 20(3). p.10.
Arnold, J., Coombs, C. R. and Gubler, M., 2019. Career anchors and preferences for
organizational career management: a study of information technology
professionals in three European countries. The International Journal of Human
Resource Management. 30(22). pp.3190-3222.
Basheer, M., Awn, A. and Hassan, S., 2019. Exploring the role of TQM and supply chain
practices for firm supply performance in the presence of information technology
capabilities and supply chain technology adoption: A case of textile firms in
Pakistan. Uncertain Supply Chain Management. 7(2). pp.275-288.
Blassin, E. A., Gottlieb, S. G. and Osofsky, M. D., Lionbridge Technologies Inc,
2019. Information technology platform for language translation and task
management. U.S. Patent 10,248,653.
Costa, C.J. and et.al., 2016. Enterprise resource planning adoption and satisfaction
determinants. Computers in Human Behavior. 63. pp.659-671.
Elsbach, K. D. and Stigliani, I., 2019. New information technology and implicit bias. Academy of
Management Perspectives. 33(2). pp.185-206.
Kurbel, K.E., 2016. Enterprise resource planning and supply chain management. springer-verlag
berlin an.
Lloyd, I., 2020. Information technology law. Oxford University Press.
Shen, Y.C., Chen, P.S. and Wang, C.H., 2016. A study of enterprise resource planning (ERP)
system performance measurement using the quantitative balanced scorecard
approach. Computers in Industry. 75. pp.127-139.
Books and Journals
Aasheim, C. L., Li, L. and Williams, S., 2019. Knowledge and skill requirements for entry-level
information technology workers: A comparison of industry and
academia. Journal of information systems education. 20(3). p.10.
Arnold, J., Coombs, C. R. and Gubler, M., 2019. Career anchors and preferences for
organizational career management: a study of information technology
professionals in three European countries. The International Journal of Human
Resource Management. 30(22). pp.3190-3222.
Basheer, M., Awn, A. and Hassan, S., 2019. Exploring the role of TQM and supply chain
practices for firm supply performance in the presence of information technology
capabilities and supply chain technology adoption: A case of textile firms in
Pakistan. Uncertain Supply Chain Management. 7(2). pp.275-288.
Blassin, E. A., Gottlieb, S. G. and Osofsky, M. D., Lionbridge Technologies Inc,
2019. Information technology platform for language translation and task
management. U.S. Patent 10,248,653.
Costa, C.J. and et.al., 2016. Enterprise resource planning adoption and satisfaction
determinants. Computers in Human Behavior. 63. pp.659-671.
Elsbach, K. D. and Stigliani, I., 2019. New information technology and implicit bias. Academy of
Management Perspectives. 33(2). pp.185-206.
Kurbel, K.E., 2016. Enterprise resource planning and supply chain management. springer-verlag
berlin an.
Lloyd, I., 2020. Information technology law. Oxford University Press.
Shen, Y.C., Chen, P.S. and Wang, C.H., 2016. A study of enterprise resource planning (ERP)
system performance measurement using the quantitative balanced scorecard
approach. Computers in Industry. 75. pp.127-139.
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