Operational MIS (Management Information System) refers to a computer-based system that provides managers with
the tools to organize, analyse, and evaluate information related to business operations.
Key Functions
Data Collection
Gathering data from various sources, such as transactions, operations, and external sources
Data Analysis
Processing and analysing data to provide insights into business performance
Reporting
Generating reports to support decision-making, monitoring, and control.
Applications
Production Planning
Managing production schedules, inventory, and supply chain.
Inventory Management
Tracking stock levels, reorder points, and inventory turnover
Customer Relationship Management
Analysing customer data, sales trends, and customer satisfaction