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. Collect 2.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 of new entrants Bargaining power of suppliers Bargaining power of buyers

Threat of Substitute products and services

INFORMATION TECHNOLOGY VS. INFORMATION SYSTEM

 Hardware  Hardware , Software

 It refers to all

technological products , inventories and methods  Information technology derives the development of an Information System

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 CONCEPT INFORMATION 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 resources  Information system activities  Information 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 efficiency

2.Decrease cost 3. Decision support 4. Reduction of lead time 5.Better customer satisfaction 6. On time shipment

Supply chain management (scm)

Five components of scm 1.Plan 2.Source 3.Make 4. Delivery 5. Return

ADVANTAGES OF SCM:
 1.Helps in achieving increased end uses

satisfaction 2.It gives strength to the business relationship 3.It uses IT tools and technology and results in increased

4. Brings the raw materials provides, manufacturer, wholesale distribution and retail agent move closer 5. 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.

ADVANTAGES 1. 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 SYSTEM

 Strategic business challenge  Globalisation challenge  Information architecture and Infrastructure

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

E)