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The importance of mis (management information systems) in bridging the gap between business and technology personnel in an organization. It introduces the concept of a project team and the value chain, explaining how mis employees can facilitate communication and identify processes that add value for customers. The document also covers external value addition through just-in-time and supply chain management, customer resource management, and e-commerce strategies. Real-life examples from the u.s. Airline industry are provided to illustrate the practical applications of these strategies.
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MIS Strategies January 29 – February 2
scientists and the business decisions are handled by marketing and accounting people. Assume that your organization wants to increase the number of buyers on its Web site. The computer scientists do not know enough about buyer behavior to come up with a solution. The business people do not know enough about Web design to create an effective site.
which is disbanded once the project is complete. A project team draws the best knowledge of the business people from the business people and best technical solutions from the technology people. o Bridging the gap between the technology people and the business people is what MIS is all about. An employee trained in MIS is able to communicate between the business and technology personnel.
which adds value to the product or service. If you view your organization as a value chain, you can identify the important processes in adding value for customers and, thus, identify IT systems that support those processes (p. 76).
Receiving and storing raw materials, actually making the product, delivering the product are known as primary value processes. There are processes that support primary value processes such as human resource management, accounting, etc. These are known as support value processes.
capable of adding the most value and those processes capable of reducing the most value.
o Value can be added to a product through processes that occur outside your organization.
the time that the customer wants it (p. 79).
consists not only of a company’s suppliers, but its suppliers’ supplies as well.
system that supports supply chain management activities by automating the tracking of inventory and information among business processes and across companies (p. 79).
(ASP) supplies software applications, maintenance, technical support, etc. that would otherwise reside on customer’s in-house computers.
customers to gain insights into their needs, wants, and behaviors in order to serve them better (p. 82).
More effective marketing based on precise knowledge of the customer. Sales process is efficiently managed. After sales support.
o The big difference between the old economy and the new economy is the Internet. New strategies have been created to gain competitive advantages in the new economy.
its product or service to the customer’s specifications.
and dislikes that it can fashion offers that are more likely to appeal to you.