This report explores the categories of information systems, such as MIS and DSS, and the benefits of ERP systems in real-life business. It emphasizes the importance of managing information and technology for enhancing business performance.
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Managing Information and Technology
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TABLE OF CONTENT INTRODUCTION.......................................................................................................................................3 MAIN BODY..............................................................................................................................................4 TASK 1.......................................................................................................................................................4 Categories of information system............................................................................................................4 TASK 2.......................................................................................................................................................5 ERP Systems...........................................................................................................................................5 Benefits of ERP systems in real life business..........................................................................................7 TASK 4.......................................................................................................................................................8 Conclusion and recommendations...........................................................................................................8 REFERENCES..........................................................................................................................................10
INTRODUCTION Managing information and technology is one of the most vital forces to build innovation and efficient functioning in company, where due to growing dynamic business cultures there is strong demand for progressive development. Enterprise Resource Planning (ERP) system plays key role in managing and controlling organizations functioning and wide information resourcing. Companies with innovative ERO systems can gain enhanced reach towards data collection, organizations capabilities to serve high quality standards and services to customer segments around world. This report in detail explains the various categories of information systems in which companies can invest their capital for gaining competitive place among other brands, as IT services are highly important for enabling high profitability goals. The report has brought various benefits of ERP systems in real life business which gives high speed and instant services to customers and strongly promotes through various parameters among consumers around world. Report aim is to effectively construct importance of various networking segments in business which have benefitted from Information technology and managing the operational structures with large efficiency (Aasheim, Li and Williams,2019).Objectives can be analyzed on the fact that information technology integration is not only injects the fuel of creativity with research, manifests the determinants which are highly operational in company to grow with expansion. The report explains various scenarios of research, growth and the synergy of innovative production which is brought within competitive industry of various companies. Managing informationandtechnologyevolvesoverallperformancewithincompanywherecreative parameters are highly important to leverage strong customer base goodwill and strong developed skilled workforce. When the technology is efficient within internal structure company gains strong position and has negligible impacts from macro environment where growth and dynamic situations are highly adaptive and committed to bring revolution. These factors are the strong determinantswhichexplainhowrelativelyit becomesexplicitlyimportantto growwith information technology and its ability to transforms business performance in company.
MAIN BODY TASK 1 Categories of information system There are various types of information systems which can be segregated on various parameters and their functional abilities to transform management models , the scenarios in which they are operating within which help in overall enhancement. Management Information Support (MIS) Management Information system (MIS) is one of the most innovative information system used by tactical managers in monitoring current performance status with advanced technology integration and machinery methods. Output generated from transactions processing units is used as input to MIS where the system analyzes inputs produced with aggregate algorithms and summarizes results generated for predicting future performance. Inputs from sale among market share can be used to get vital information for higher production and strong profitability generation in future. The information system will enable managers at various platforms to gain insights on inventory requirements, analyzing what products are able to attract customers and the various changes which need to be integrated for long term sustainability. Sales management, budgeting inputs with MIS will enable top managers to get an overview of how much capital shall be put for optimum utilization of resources on long term basis. Human resource department canusetheMISnetworkingmethodstogathercommitmentwithinemployeesthrough motivation, training and development platforms which will improve overall functional abilities and construct strong brand image (Logan, 2020). Decision Support System (DSS) This information system is highly efficient and effective in implementation which enables top management to get strong details on all working scenarios in internal and external business world which impacts the overall productivity within output generation. Top managers use this information system to take strategic decisions which are not in regular structure of company and are suddenly worked towards. This system analyzes various networks which will
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be affected if production standards and targets are changed for example, which is highly important and human resource development factor is also taken in consideration. DIS keenly targets the various scenarios and key arenas which are important to fuel innovation with high growth and revenue scales. The information system gives detailed working criteria knowledge, where legally company can take more informative steps and keenly achieve high targets within market share. DIS uses high sophisticated mathematical tools and statistical models which provide solutions to integral problems and information collection is highly interactive to leverage detailed data. There is high relativity and reliability attached with data collected by DIS which is not only productive but highly effective for company in establishing strong position among other brands in industry (Koong, Liu and Liu, 2020. ). Online Analytical processing information system (OLAP) This information system refers to working models which are connected with online portals and networking websites of companies to analyze multi-dimensional data and productive information which can be used in different ways using multiple dimensions. Customer’s feedback and product queries on websites are important parameters which will enable company to gain analysis for future growth and high profitable revenues. OLAP information system has brought dynamic changes in which companies are operating their structures related to customer satisfaction and the various models of creativity which can be implemented. Through products quality preferences data among consumers in market share, brand can inculcate new technology and production equipments through which relative growth can be achieved. Companies in dynamic business world are highly using this information system which acknowledges latest trends in products, the synergy with which products can be innovated and functional efficiency can be achieved. It helps in keenly coming close with customers and enter new segments and untapped markets (Havakhor,Sabherwal and Sabherwal, 2019). TASK 2 ERP Systems Enterprise Resource Planning system provides effective integration with major functional objectives and functions which refers to planning, procurement, customer relations segments and
connects with application functions. The system has brought various long term effective changes in system where technology factors have brought huge efficiency and relativity within company goals. The system focuses on reducing manual labor and risks of uncertainty, wrong data publication relatively low as technology enables fast and positive impacts on all scenarios. Business workflow is grown on various terms as the determinants on all parameters are improved, leverages high growth factors and keenly achieves strong goals of performance (Asongu,Anyanwu and Tchamyou, 2019). ERP integrates processes across business functions There are various functions and organizational objectives which need to be constructed together for gaining strong focus on improving efficiency in production standards and customers satisfaction services. ERP connects all management functions into one streamlined process where they can connect to various objectives working towards building competitive place in industry and to make their position more productive. ERP enables company to analysis various criteria of innovation and creativity which needs to be brought within company, works towards bringing research facts of various latest preferences of customers and the inventory tools through which large changes can be brought within internal strength. It accelerates business growth within company through which employees gain insights with motivation to leverage strong factors of higher productivity and functional energy. ERP synchronizes automation and reporting in company The ERP system provides an innovative synchronized reporting and automation of all functionswhereoverallfunctioningofcompanyisimprovedasallemployeesandtop management are connected on portals and various features enable them to leverage data instant (Jurjević, Bogićević and Matkovski,2019).There is automation in all functions which increases quick and accurate compilation of rules in employees, which demonstrates strong IT usage all over company. Example of ERP includes portal or an innovative dashboard where employees can quickly understand the key metrics, supply factors and the various other scenarios which are largely important to cultivate competitive strength as an internal tool. Leaders are able to connect with teams more quickly by the ERP business model which enhances creativity functional criteria and dynamic growth of company is achieved.
ERP reduces risks and enhances regulatory framework The ERP integration with advanced machinery and technology reduces risks of external environment for company due to strong effective regulatoryframework and high ethical practices of business practices; it leverages determinants of functional energy. Companies with ERP models built strong tools of dynamic functional abilities in internal management where it develops internal progression and various scenarios of performance enhancement. ERP makes companies globally competitive and ready to face high competition in industry where overall brand enhancement is highly encouraging and in demand by customers. Regulatory framework compliance presents out strong position among other brands, brings commitment within all levels and regulation enhancement overall improves company services. TASK 3 Benefits of ERP systems in real life business There are various benefits in company operations by integrating ERP systems in real business where the internal management gets large efficiency and the overall working scenario is improved with high visibility and planning (Logan, 2020). Improved reporting and visibility:ERP system highly enhances reporting structure and visibility among overall management which positively connects with all levels in company and their correlation with each other. System introduces employees and leaders to interact with each other on one major portal which reduces errors and chances of wrong supply of information in company. Strong customer services:The ERP model enables company to connect with customers on all media handles and leverage high ethical data based on preferences and materials coverage. Customers are worked towards with large efficient services where ERP system brings high profitable goals and goodwill among market share, through grievances services and bringing in creativity within their working ethics. Data security and quality: The ERP model enhances data security and the quality of functions which gather accurate information in all functional levels in company. Data are kept safe when strong technology is implemented which controls all works by employees, their leaders are
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coordinated with them on portals which not only speeds up their functions and brings large quality standards. Improved collaborations and workflow:The ERP model improves collaborations within all departments as there is fast distribution of all essential data and information which makes internal structure highly competitive. Workflow is highly speeded as all employees within teams are working on same portal where they can accesses their data; work records and reach the set targets within time frames (Aasheim, Li and Williams, 2019). These factors explain large cooperation and functional efficiency which is achieved in all departments that yields high brand image on global platform. ERP model has brought research breakthrough in companies where they can gain data on latest trends and functional tools which are operating within industry and customer preferences. The system integration makes companies closetopublicingeneralwheretheycangainhighmarketsharepercentageand strong profitability goals. TASK 4 Conclusion and recommendations The report has brought various conclusions on parameters of managing information technology role in business which has enabled in reaching high competitive place of efficiency within all industry by vitally bringing clarity and governance closer to company goals. Report has concluded various corners of information systems such as DIS and MIS which are not only innovative but are highly important in bringing large efficiency within levels of company. There are several benefits which companies can cherish by implementation of these systems related to strongcollectivecommitmentgrowthinemployees,leadersasalldutiesandgoalsare completely aligned in corporate manner. Report concludes various benefits and functions of ERP systems, models which have enabled productivity enhancement and delivery of company goals withhighprofitabilityinallworkingscenarios.Companiescanworktowardstraining employees to use ERP models where there is strong impact on building their potentialities which will not only make them largely effective and determine future platforms. The report has largely brought various conclusions based on ERP usage among companies where research has analyzed data is kept highly secure and clarity is enhanced within their operations. This concludes with
changing dynamic business world productivity can be built with integration of ERP portals, dashboards where employees and leaders can be connected on their functional abilities , decisions can be taken with speed and there is high focus on clarity of information which makes data secure and legally in touch only with internal management (Taylor and Joshi, 2019).
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. 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. Asongu, S. A., Anyanwu, J. C. and Tchamyou, V. S., 2019. Technology-driven information sharing and conditional financial development in Africa.Information Technology for Development.25(4). pp.630-659. Havakhor, T., Sabherwal, R.,. and Sabherwal, S., 2019. Relationships between information technologyandotherinvestments:Acontingentinteractionmodel.Information Systems Research.30(1). pp.291-305. Jurjević, Ž., Bogićević, I., and Matkovski, B., 2019. Information technology as a factor of sustainable development of Serbian agriculture.Strategic management.24(1). pp.41- 46. Koong, K. S., Liu, L. C. and Liu, X., 2020. A study of the demand for information technology professionalsinselectedinternetjobportals.JournalofInformationSystems Education.13(1). p.4. Logan, P. Y., 2020. Crafting an undergraduate information security emphasis within information technology.Journal of Information Systems Education.13(3). p.3. Logan, P. Y., 2020. Crafting an undergraduate information security emphasis within information technology.Journal of Information Systems Education.13(3). p.3. Taylor, J. and Joshi, K. D., 2019. Joining the crowd: The career anchors of information technology workers participating in crowdsourcing.Information Systems Journal. 29(3). pp.641-673.
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