MIS Assignment
MIS Assignment
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1) INTRODUCTION
1.1 Management information system (MIS)
A management information system (MIS) provides information which is needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization. Initially in businesses and other organizations, internal reporting was produced manually and only periodically, as a by-product of the accounting system and with some additional statistic(s), and gave limited and delayed information on management performance. Data was organized manually according to the requirements and necessity of the organization. As computational technology developed, information began to be distinguished from data and systems were developed to produce and organize abstractions, summaries, relationships and generalizations based on the data. Early business computers were used for simple operations such as tracking sales or payroll data, with little detail or structure. Over time, these computer applications became more complex, hardware storage capacities grew, and technologies improved for connecting previously isolated applications. As more and more data was stored and linked, managers sought greater detail as well as greater abstraction with the aim of creating entire management reports from the raw, stored data. The term "MIS" arose to describe such applications providing managers with information about sales, inventories, and other data that would help in managing the enterprise. Today, the term is used broadly in a number of contexts and includes (but is not limited to): decision support systems, resource and people management applications, enterprise resource planning (ERP), enterprise performance management (EPM), supply chain management (SCM), customer relationship management (CRM),project management and database retrieval applications. The successful MIS supports a business's long range plans, providing reports based upon performance analysis in areas critical to those plans, with feedback loops that allow for titivation of every aspect of the enterprise, including recruitment and training regimens. MIS not only indicate how things are going, but why and where performance is failing to meet the plan. These reports include near-realtime performance of cost centers and projects with detail sufficient for individual accountability.
1.11 Types
Most management information systems specialize in particular commercial and industrial sectors, aspects of the enterprise, or management substructure. Management information systems (MIS), per se, produce fixed, regularly scheduled reports based on data extracted and summarized from the firms underlying transaction processing systems[4] to middle and operational level managers to identify and inform structured and semi-structured decision problems. Decision support systems (DSS) are computer program applications used by middle management to compile information from a wide range of sources to support problem solving and decision making.
Executive information systems (EIS) is a reporting tool that provides quick access to summarized reports coming from all company levels and departments such as accounting, human resources and operations. Marketing information systems are MIS designed specifically for managing the marketing aspects of the business. Office automation systems (OAS) support communication and productivity in the enterprise by automating work flow and eliminating bottlenecks. OAS may be implemented at any and all levels of management.
1.12 Advantages
The following are some of the benefits that can be attained for different types of management information systems. Companies are able to highlight their strengths and weaknesses due to the presence of revenue reports, employees' performance record etc. The identification of these aspects can help the company improve their business processes and operations. Giving an overall picture of the company and acting as a communication and planning tool. The availability of the customer data and feedback can help the company to align their business processes according to the needs of the customers. The effective management of customer data can help the company to perform direct marketing and promotion activities. Information is considered to be an important asset for any company in the modern competitive world. The consumer buying trends and behaviours can be predicted by the analysis of sales and revenue reports from each operating region of the company.
Change in Stay Check out and check in Maintenance of guest history database Folios in house/ reservations/ Cancelled/ No-shows Cashiering controls Keep a record of room status (Vacant and ready, Out-of-order,Lock-out, Due Check-out, Late check-out etc) out,
3.3 Reservations
Using this software most valuable hotel guests and their buying patterns are observed. Best rate of the day are found by using the data about the total vacancy in the hotel. Reservations across different branches of this hotel situated in Goa , Mumbai ect can be made from any of its branches.
3.5 Conferences
Conferences, banquets, and other events can generate revenue directly and indirectlynot only from the events themselves, but also from in-house hotel services such as room sales, restaurant bookings, and leisure facilities. Sim software integrates conference room and equipment rentals with room bookings and catering services. It also sends emails to stakeholders whenever bookings are created or changed, respond quickly to queries.
3.6 Accounting
Since the hotel is at multiple locations across the country all financial results are stored in one place, so that it can be analyzed quickly with refined sales strategies and cost-cutting .It also helps to streamline back-office processes.It also processes the bills from different facilities availed by the customer into a single bill that can be given at the time of check out.
3.7 Engineering
Hotel engineering departments protect the integrity of building and owner assetsand ensure guest safetyby consistently ensuring everything is in working order. By improving asset performance, not only reduces costs and boost efficiency, but also enhance capacity for top-line growth and keep guests satisfied.MIS helps to Proactively maintain assets, manage incidents , and implement new green initiatives.
3.8 Housekeeping
Hotel housekeepers scheduling, tracking, and reporting is managed with the help of this software. It also maintains a record of inventory. The clothes given by customer for laundry and also the bedding, curtains, uniforms etc send by the hotel to the laundry are recorded by this system.