An analysis of Palm Malls Management Information System Term Paper

An analysis of Palm Malls Management Information System - Term Paper Example An analysis of Palm Mall’s Management Information System This system will be used for the management of Palm Mall’s working and operations. This application will make use of an automated BAR-Code detection system to detect the product details. At the cash counter the customer will take the shopping cart and cashier will scan each item to detect the products’ features such as price and other details. This system will also accept manual entries of products in case bar code reader fails to work properly. At the end of day system will offer the overall sales record with possible stock availability details. The objective of this implementation is to improve the efficiency and quality of business functions. Scope and Objectives The implementation of Palm Mall Management Information System is aimed at offering an excellent support for business management. In fact, the successful implementation of this technology based information system will improve the management capabilities of the business. Additionally, this system will offer an excellent support in the form of fast and error free business retail record management. The new system will improve the overall supply chain management through better record management of stock. This system will also offer a variety of features and functions for ensuring improved business decision support and performance. As a result, the overall corporate performance will improve and the business will be able to offer a great deal better service to its clients. In addition, this system will be implemented at various levels such as management level, stock and warehouse level and at sale person level. This system will not involve any customer input or intervention. This system will be completely under the control of business staff. Benefits of the system According to (Laudon and Laudon 7; Hoffer, Prescott and McFadden 429), â€Å"an information system is a group of interrelated elements that work together, process, store, and distribute information to various departments with the p urpose of supporting decision making and control in an organization†. In this scenario, â€Å"a management information system is one of the basic forms of information systems. Basically, an MIS is a purpose or particular use of information system that offers support for management oriented reporting.† In addition, these reports are usually produced or maintained on a given schedule as well as become manifest in a prearranged structure (Whitten, Bentley and Dittman 47). Palm Mall Management Information System will offer a number of advantages for the business. Given below are some of the major advantages of implementing a new management information system: Automation of process Error free working Simple management Fast receipt development for customer Digital record management of all business transactions Effective management of all business operations Simple management of complex processes Improved supply chain management Superior handling of all business operations Man agement support Better decision support for staff Enhanced management of all corporate operations with canalized business management