Management Information System: MYDIN, 495 words essay example
Essay Topic: management, information
Stephen P.Robbins, Mary Coulter (2009, p415) , controlling is the process of monitoring, comparing, and correcting work performance. After planning be done, organizing structure is construct and build to facilitate the companys goal and managers have to motivated employees. After that, controlling is the last step to measure and compare the actual performance against standard and take correct action to ensure activities run as right ways for attainment of goals.
The first step of controlling process in Mydin is to measure and determine the actual performance. Secondly, manager of Mydin is comparing the actual performance with the standard. In the last step of controlling process, manager of Mydin takes managerial plan to restore tangible performance. So, controlling is the process of measuring performance and taking action to ensure the planned outcomes are achieved (Schermerhorn, Davidson, Poole, Simon, Woods and Chau, 2011, p187).
Management information system (MIS) of Mydin is making report about sales, purchases, inventory and financial information that collected from transaction processing system. Management information system is provides the useful information to the manager of Mydin to measure the sales of company against to the standard. From the sales report , manager of Mydin can know how well the promotion plans bring profit to company. The actual sales is reflected from the how well the promotion is planned. If the the promotion plans is not performed well, it will effects the sales. So, managers of mydin will take action make advertising to lets more people aware about the promotion of products.
Otherwise, inventory control also important to a company. Manager of Mydin also using the inventory information from MIS to track the amount of products that keep in storage. This is to make sure just the right size of inventory to enough for supply to customers, so can minimizing the cost. Manager of Mydin is using the economic order quantity (EOQ) method to control the inventory in Mydin. Manager of Mydin will ordering a fixed amount of product when the inventory level falls to a predetermined point.
After that, manager of Mydin also implement the purchasing control in company. They are choosing the supplier that can sells them the products with low cost as well as obtain a quality assurances. If the supplier increased the price of products, manager will find another supplier that can provides the products with low cost. So, they can control the cost of purchases which is minimizing the product costs.
Manager of Mydin also use feedback control to measuring the problem. They are received the feedback from customer. They are collected the feedback from customers that is bad quality of products and less choices of products. To solve this problem, manager is evaluate the sample of products to determine the quality of products. When the products is not achieve the standard of quality, they are choosing another supplier that can provides quality assurance. Otherwise, manager of Mydin also provides more products that demanded by consumers to solve the less choices of products.
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