Management Information Systems

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8 Νοε 2013 (πριν από 3 χρόνια και 10 μήνες)

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Management Information Systems

Islamia University of Bahawalpur



Delivered by:



Tasawar Javed

Lecture 5


Learning objectives


General system model of firm


Environmental Resource Flows


Managing physical resources
---
SCM


Competitive Advantage


Porter’s Value Chains

Information System For Competitive
Advantage

The Firm & its Environment



Firm is a physical system that is managed through the
use of a virtual system


Physical system of the firm is an open system in that it
interfaces with its environment


Firm takes resources from its environment, transforms
the resources into products or services and returns the
transformed resources to the environment

The General Systems Model of the Firm


Standards

Information

processor

Management

Output resources

Transformation

process

Input

Resources

Decisions

Info &

Data

Information

Physical

resources

Data

Physical

resources


Flow of resources from the environment, through
the firm, and back to environment


Flow of virtual resources are at the top


Flow of physical resources are at bottom


It includes:


The physical resource Flow


The virtual resource Flow


The firm’s control Mechanism


The Feedback Loop

The General Systems Model of the Firm


The Physical resource Flow


It includes: personnel, material, machines, and money


Personnel are hired by the firm then…


Transformed to higher skill levels through T&D


Materials enter in the firm as raw input & transformed in to
finished goods


Machines are purchased, used and scrapped


Money enters in firm in the form of sales receipts, investment,
and loans and transformed into payments to suppliers, tax


Physical resources are used to produce to product & services

The General Systems Model of the Firm


The Virtual Flow


Data, information and info in the form of decisions


Two way flow of data and info that connects the firm to
its environment




The General Systems Model of the Firm


The Firm’s control Mechanism


It enables the firm to control its own operation includes


The performance standards the firm must meet


The firm’s management, and


An information processor that transforms data into information


The Feedback Loop


Composed of the virtual resources


Data are gathered from the firm & from the environment and
entered into the into information processor, which transform data
into info


Info goes to management to make decisions to affect necessary
changes in the physical system


Info processor uses standards to determine when the firm is not
performing as planned

The General Systems Model of the Firm


As we know environment is very important in the
firm’s success


Firm exist for the purpose of providing products
and services that meet environment needs


Environment varies firm to firm


School is different than sports ground and so on


The environmental elements are organizations &
individuals that exist outside the firm


These elements exist in a larger system called a
society

The Firm in its environment


society

The Firm in its environment

The Firm

Financial

community

Government

Stake holder

or

owners

suppliers

Labor union

Global

community

customers

Competitors

Managing the physical resource Flow
-

SCM


Manage resources from supplier to firms and then to
customers


It should be timely and efficient


It includes following activities:


Forecasting customer demand


Scheduling production


Establishing transportation networks


Ordering replenishment stock from supplier


Receiving stock from suppliers


Managing inventory
-

RM, work in process, finished goods


Executing production


Transporting resources to customers


Tracking the flow of resources from supplier, through the firm &
customers


Thank you!!!


Q&A