Role Of Management Information System In The Management And Control Of Inventory

Original price was: $ 13.00.Current price is: $ 12.00.

Description

ABSTRACT
The intention of this project is to provide a good theoretical and practical knowledge which is applicable to organization and government an the role of management information system in the management and control of inventory. It is also design to educate on the importance of proper information to management so as to implement policies and strategies that has a lot of effect on the overall profitability of the organization.

INTRODUCTION
In every organization, no matter how small, proper information must be obtain by management for effective control of the organization. The management and control of inventory in an organization through management information system would enable growth in the firm, because without a good information system management is likely to experience difficulties in running the business.
Management information system remains the system that aim at providing management with needed information an a regular basis. This call to mind the time value of information which implies that when the required information is received behind the period it will be used the information becomes useless. Mis tries to inform the manager on home to provide this information. The manager’s skills and trails to effective decision making, also came to bear on the effective and adaptive application of MIS in the management and control of inventory for organizational success.
MIS is not a new concept and the early days, it was essentially operated with a great deal of human efforts (manual) and infact the activities of the organization at the time were less challenging less complex and hence organizations were to that extent small sized.
MIS in all circumstances organize in some meaningful way and can access the information in a reasonable amount of time. Data have remained raw, unanalyzed facts such as numbers names or quantities and as data they are relatively useless to managers. When data are analyzed and processed they becomes information which is used to manage and control inventory in the organization. So an MIS collects data and turns it into relevant information for managers which is used in reaching better and effective decisions. The formal system provided by computer base, MIS add to it rather than replace other sources of information available to managers and have in that direction improved his ability to monitoring and controlling organizational activities. Also adding to the effectiveness of the manger in making decisions, is not only the quality but also the quantity of information. Quantity is expressed in terms of relevance, accuracy completeness, reliability and timeless.

TABLE OF CONTENTS
i Title page
ii Approval page
iii Dedication
iv Acknowledgement
v Abstract
vi Table of content

CHAPTER ONE
1.0 Introduction
1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Significance of the study
1.5 Scope of the study
1.6 Limitation of the study
1.7 Definition of terms

CHAPTER TWO
Literature review
2.0 Introduction
2.1 History of management information system
2.2 Management and control of inventory and management information system
2.3 Management and control of inventory mis at the lower or operational level
2.4 Management and control of inventory mis at the top or strategic level
2.5 Management and control of inventory mis at the top or strategic level
2.6 New areas of management and control of inventory application in management information systems
2.7 Using management information system to improve customers service
2.8 History of NITEL and it management information system

CHAPTER THREE
3.0 Research methodology
Introduction
3.1 Research design
3.2 Area of study
3.3 Population of the study
3.4 Sample size determination
3.5 Instrument for data collection
3.6 Validation of the instrument
3.7 Reliability of the instrument
3.8 Method of data collection
3.9 Method of data analysis

CHAPTER FOUR
4.0 Presentation analyzing and interpretation of data
4.1 Analysis of data
4.2 Summary of the results and finding

CHAPTER FIVE
5.0 Summary, conclusion and recommendation
5.1 Introduction
5.2 Summary of findings
5.3 Conclusion
5.3 Recommendations
References
Appendix

Additional information

Dimensions 5 × 72 × 8378 in