Information System For Strategic Advantage, Efficiency And Efficacy Criteria In

Information System

Presented to:Prof Avadhesh Gupta

(Assitant professor of IT)

INTRODUCTION OF INFORMATION SYSTEM An information is a system that except resources(data) as in input and processes them into products (information as output) It can be technically defined as set of interrelated components that :1. Collect2.Transform 3. Store information

In an organisation information system helps to manages in:- Decision making- Analysing problem- Co-ordination controls- visualizing complex subjects- Creating new products

PORTER'S COMPETITIVE FORCES MODEL AND STRATEGIES

Threat ofnew entrants

Bargaining power of buyers

Bargaining power of suppliers

Threat ofSubstitute products

and services

INFORMATION TECHNOLOGY VS. INFORMATION SYSTEM Hardware

It refers to all technological products , inventories and methods

Information technology derives the development of an Information System

Hardware , Software Data and Telecommunication

It refers to capture transmit , store retrieve , manipulate and display information

IS and IT

INFORMATION SYSTEM FRAMEWORK

• Foundation Concepts• Information Technologies• Business Application• Development Processes • Management Challenges

FOUNDATION CONCEPTINFORMATION TECHNO.BUSINESS APPLICATION

DEVELOPMENT PROCESSES

MGT. CHALLENGES

INFORMATION SYSTEM COMPONENT An information system component

consist of component that interacts to achieve the objectives of providing information about day to day activities that managers can use to control business operation. The component

are as : Information system resourcesInformation system activitiesInformation product

MAJOR ROLES OF INFORMATION SYSTEMS

There are three major roles of Information Systems as stated below :

Support Business Process Support Decision Making Support Competitive Advantage

EFFECTIVENESS AND EFFICIENCY CRITERION Effectiveness means how well the jobs get

done. Being effective means doing the right things.

Efficiency means saving time, money and effort. Being efficient means doing things in right way.

ADVANCED CONCEPT IN INFORMATION SYSTEM

ERP(Enterprise Resources Planning):An enterprise is a group of people with a common goal which has certain resources at its disposal to achieve that

ADVANTAGES OF ERP:1.Quality and efficiency2.Decrease cost3. Decision support4. Reduction of lead time5.Better customer satisfaction6. On time shipment

Supply chain management (scm)Five components of scm1.Plan2.Source3.Make4. Delivery5. Return

ADVANTAGES OF SCM:

1.Helps in achieving increased end uses satisfaction2.It gives strength to the business relationship3.It uses IT tools and technology and results in increased

4. Brings the raw materials provides, manufacturer, wholesale distribution and retail agent move closer5. Helps an organisation to maintain low levels of inventory without affecting the trading

CRM(Customer relationship management)

CRM is a strategy used to learn about customer’s need and behaviour in order to develop strong relationship with them. Good customer relationship are the heart of business success.

ADVANTAGES1. Uses existing customer’s relationship to grow revenues.2. Need to capture and analyze large number of customers data.3. Introduce more excellent repeatable sales process and procedure.

Information System (IS) Applications in Human Resource

E-recuitment/Applicant tracking E-training E-payroll E-benefits E-self service human resorce E-time and labour

HRIS

It is the system to acquire, store, manipulate, analyze, interpret and disseminate relevant information on human resources.

It includes people, policies, procedures & data.

CHALLENGES OF AN INFORMATION SYSTEMStrategic business challengeGlobalisation challengeInformation architecture and

Infrastructure challenge Is investment challengeResponsibility and control challenge

REFRENCES

James A.O Brien, (2007) “Management Information System” (7th edition), Tata McGraw Hill.

Waman S Jawadekar,(2009) “Management Information System” (4th edition), Tata McGraw Hill.

Information System Importance, (B.tech reference book Ignou).

GROUP 5- (SECTION –E)

Pranjal Dasmana (Bm-010269)Reshu Rajshree (Bm-010273)Snehdeep (Bm-010286)Sweta Kumari (Bm-010288)Veena Punjabi (Bm-010290)