Comprehensive Report: Managing Information and Technology - LSBM100

This report provides a comprehensive overview of information systems, including transaction processing systems, decision support systems, knowledge management systems, and database management systems. It delves into the concept of Enterprise Resource Planning (ERP) systems, highlighting their operational and functional areas within an organization. The report emphasizes the benefits of ERP, such as improved decision-making, operational efficiency, and resource utilization. It also includes recommendations for organizations to incorporate ERP systems to gain a competitive advantage and enhance performance. The report concludes that ERP systems facilitate efficient resource management and streamlined decision-making processes. The report also highlights the importance of information systems in business, emphasizing how these systems improve productivity, consumer satisfaction and increase profit margins.

MANAGING INFO&
TECHNOLOGY

Table of Contents
INTRODUCTION...........................................................................................................................2
MAIN BODY..................................................................................................................................2
Categories of information systems.........................................................................................2
Enterprise resource planning System.....................................................................................4
Benefit of Enterprise resource planning system.....................................................................5
CONCLUSISON.............................................................................................................................6
REFERENCES................................................................................................................................8
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INTRODUCTION
Information system is the software which generally used to help the organization in
gathering different data and analyze the same in the organization in a way that it used to prove
crucial for the success of an organization. Executive information is another type of information
which generally used to help the organization in having different idea about trend analysis,
exception reporting and have drill-down capabilities. Enterprise resource planning or ERP Help
Company in coordinating and integrating HR, procurement, planning, sales, customer relations,
and finance and analytics function of an organisation.Main Aim behind conducting the report in
the organization was to understand different category of information system which are generally
used in the organization. Also, to understand variety of the benefit which are brought by this
information system in the organization. Another Aim of conducting the report was to
understand the different concept of Enterprise resource planning system in the organization.
Also, understanding the different operational and functional area of ERP system. Also this report
was aimed to identify Benefit of Enterprise resource planning system in the organization. In the
end the report highlights different recommendation to all the organization.
MAIN BODY
Categories of information systems
Transaction processing system-
It is one of the best information systems which consider as set of info that posses data
transaction in database programs which monitors transaction systems within company. This
system is beneficial and effective when products of firm are sold over internet, TPS permits for a
time delay between when an product is being sold to or when it is really sold (Horii,
International Business Machines Corp, 2016). It consists of computer software and hardware
hosting a transaction oriented app that performs routine transactions essential to conduct and
operate business functions. For instance, it does include program that manage and operate sales
order entry, payroll, manufacturing and workers records. In context of TESCO, transaction
processing system help process wide amount of data in real time, the utilization of TPS in
company is key feature in improving consumer satisfaction and services. It allows for user to
have degree of reliability and privacy during transactions. It helps processing system for
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organization transactions including changes, collection and retrieval of all transaction
information.
Decision support system-
It is another category of information system, which is beneficial in term of profitability
as well as productivity. DSS is computerized system utilized to help determinations, decisions
and courses of activity in firm. It sifts analyzes and through massive amounts of info, compiling
comprehensive data that will be used to solve issues and in decision making. In some cases, DSS
combine with powered by human or computerized. It is an ideal system that helps through
analyse information and usually support while making decisions for user. At very least, it
permits people to make more informed judgements. DSS is beneficial in context of TESCO as it
help to improves operational efficiency and speed of decision making actions. With the help of
using this system organization can increases control ability and competitiveness of futuristic
decision making of firm.
Knowledge management system-
It can be said by their name, that KMS is kind of information technology system that
retrieves and stores data or essential knowledge to improve comprehension, process alignment
and collaboration. It can exist within firms or groups, but they can also be utilized to focus
knowledge base for organizational consumers. Knowledge management system is quite
beneficial for company as it make them able to better manage procedures for applying and
capturing knowledge as well as expertise. Its support processes for storing, distributing and
obtaining knowledge and procedures for creating new. The benefits of this system includes
improve organizational ability, faster & better decision making. It benefits firm for supporting
workers growth as well as development. Furthermore, KMS will makes it easy for company to
reuse and find relevant info and assets across business, this in turn, will help organization to
create better goods or services and improve their profitability rather than before.
Data base management systems-
It is a software package specially designed to manipulate, manage, define and retrieve
data in database. It usually manipulates data itself, filed names, format of data, file structure and
record structure as well. It relieves consumers of framing systems for data maintenance. It
receives guidance from a data base administration and accordingly direct program to make the
most necessary changes. These instructs cab be to load, modify or retrieve existing data from
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existing system. Database management system always caters data independence, any kind of
change in storage program and formats are worked without changing overall application. DBMS
effectively serves as intermediary between data bases and user. The benefits or advantages of
this approach is that it helps to build an environment in which end people have better approval to
more and extreme managed data.
Enterprise resource planning System
Enterprise resource planning or ERP help company in coordinating and integrating HR,
procurement, planning, sales, customer relations, and finance and analytics function of an
organisation. It keeps enterprise update about the working and procedures of operations of the
business. Generally ERP in the organization used to perform both operational as well as the
functional area in the organization. ERP help in check the availability and current balance of the
resources needed for business purposes i.e. cash, raw material, production capacity. It also help
in providing proper information regarding the different commitment of organisation and their
fulfilment on time i.e. order, payroll and different order of business (Theorin and et.al., 2017).
It help organisation in taking different decision easy and correctly as it inform organisation
about commitment and their time which make it easy for organisations. It acts as support system
for various information as help in maintaining and arranging the information in proper ways in
organisations. Such as TPS and MIS. HR management is done in proper and efficient ways as it
maintains the employee database which helps in obtaining good employees which will support
working of organisation which lead to achieve organisation goals easily. All the above element
of ERP system are called as operational area of ERP.
Enterprise resource planning system in the organization also performs the variety of the
functional function of the organization as well. Financial accounting is one of the biggest
functional area performances of an organization. As ERP system in the organization used to help
the organization in managing different ledger, collection and cash management in the
organization. Another functional area of ERP system is Sales function, as ERP system in the
organization used to perform variety of the activity such as placing order for the organization,
managing invoices as well as shipping of the organization. Procurement is another functional
area of ERP. This function of ERP helps the company in optimum saving cost in the
organization. As ERP function used to bring the end procurement and logistic process in the
company. ERP function in the organization also manages the CRM activity of an organization.
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ERP system used to manage Customer relationship in the organization as with the help of ERP
organization is able to gather the different information of consumer in the market very easily. On
the basis of the same organization used to take different decision in the organization.
Distribution is another functional area of ERP system, as it has been find out that ERP system in
the organization used to control variety of warehouses process in the organization. All the
organization on the basis of the same used to manage the different movement of inventory in the
organization. This used to help the company in improving the quality of different distribution
function of an organization (Valentine and et.al., 2019).
Benefit of Enterprise resource planning system
Having ERP in the organization used to bring variety of the benefit for an organization,
ERP used to synchronize the variety of the information in the organization (Zhao, Wang and
Ni, 2020). This eventually used to help the company in fasten up the amount of the decision
making in an organization. As with help of ERP system, manager in the leader is able to get the
different data on time and also data is formulated in a way that it used to target toward the
different issue which is faced by the organization, this eventually used to help the organization
in solving the different issue very efficiently in the organization. As different information which
is present in front of managerial is present in a way that it used to link with the different problem
which are faced in the organization.
Not only had that ERP system in the organization used to help the organization in improving the
efficiency of different operation of the business. As ERP system in the organization used to help
the organization in saving time and different expenses of the organization in long run. This is
generally done in the organization by integrating myriad business processes in the organization.
This is generally done in the organization as ERP system in the organization used to present the
different data more visible to the management of an organization.
ERP system in the organization used to help the organization in managing the inventory
in better way which leads to optimum utilization of different inventory in the organization. This
operation is performed in ERP system as it used to record variety of the data related to sales
forecasting and reporting variety of the information regarding order scheduling, shipping and
invoicing. Another importance which is brought by ERP system in the organization is that it
used to help the organization in optimum utilization of resources in the organization. As ERP
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system in the organization used to keep records of variety of the resources in the organization.
This eventually used to help the organization in optimum utilization of resources in the
organization and also help the company in reducing the amount of wastage in the organization.
This help organization in building good sort of efficiency in the organization (Favot, Veit and
Massarutto, 2016).
CONCLUSISON
After that report conclude that ERP system used to help the company in optimum utilization
of different resources in the organization. So it has been recommended to the organization that
they used to incorporate ERP system in the organization. This will help the organization in
getting good sort of competitive advantage in the market. This will also help the organization in
enhancing the quality of the performance which is done in the organization.
After that report conclude that ERP system in the organization used to help the
organization in making different decision very quickly in the organization. So it has been
recommended to the organization to incorporate the same in the organization as it will
eventually help the company in enhancing the quality of different decision making in the
organization. This will eventually help the company in achieving the different goal very
efficiently in the market.
From above analysis, it has been analyzed that information systems are divided into
different categories that is beneficial in context of business as helps improving productivity,
consumer satisfaction and increasing profit margin rather than before. By implementing and
apply all above systems within business functions and operations, TESCO can better their record
keeping activities. Furthermore, it has been summarized that information systems categories
assist in disseminating data by permitting manager and other company leaders to store data in
documents as well as folders that can be seamlessly transferred with appropriate workers.
Moreover, it can be said that by implementing data base management system organization
improved their data security rather than before.
The more people access data, greater risks of data privacy breaches. DBMS cater a
framework for better enforcement of security policies and privacy. Firm recommended adopting
this system as it helps them to better data integration, with this program it becomes much easier
for organization to consider how actions in one segment of business affect other segments.
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REFERENCES
Books and Journals
Elmonem, M. A .A., Nasr, E. S. and Geith, M. H., 2016. Benefits and challenges of cloud ERP
systems–A systematic literature review. Future Computing and Informatics
Journal, 1(1-2), pp.1-9.
Favot, M., Veit, R. and Massarutto, A., 2016. The evolution of the Italian EPR system for the
management of household Waste Electrical and Electronic Equipment (WEEE).
Technical and economic performance in the spotlight. Waste management. 56, pp.431-
437.
Horii, H., International Business Machines Corp, 2016. Transaction processing system, method
and program. U.S. Patent 9. 348. 640.
Liu, J and et.al., 2017, June. Category information collection in RFID systems. In2017 IEEE
37th International Conference on Distributed Computing Systems (ICDCS) (pp. 2220-
2225). IEEE.
Sugiyarti, E and et.al., 2018. Decision support system of scholarship grantee selection using data
mining. International Journal of Pure and Applied Mathematics. 119(15). pp.2239-
2249.
Tan, C and et.al., 2018. Degradation of Orange II in ferrous activated peroxymonosulfate
system: efficiency, situ EPR spin trapping and degradation pathway study.Journal of
the Taiwan Institute of Chemical Engineer. 83, pp.74-81.
Theorin, A and et.al., 2017. An event-driven manufacturing information system architecture for
Industry 4.0. International Journal of Production Research. 55(5), pp.1297-1311.
Trinoverly, Y., Handayani, P. W. and Azzahro, F., 2018, September. Analyzing the benefit of
ERP implementation in developing country: a state owned company case study. In 2018
International Conference on Information Management and Technology
(ICIMTech) (pp. 75-80). IEEE.
Valentine, K and et.al., 2019. Authentication and information system for reusable surgical
instruments. U.S. Patent 10,251,725.
Zhao, Y., Wang, W. and Ni, Y., 2020. EPR system based on a reward and punishment
mechanism: Producer-led product recycling channels. Waste Management. 103,
pp.198-207.
Zhong, Q., Song, G. and Chen, Z., eBay Inc, 2016.System and method for mining category
aspect information. U.S. Patent 9,298,776.
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