What is Management Information System (MIS)?

MIS stands for Management Information System. The term MIS has been defined and used in different connotations by different analysts. MIS is an integrated apporach to the design and use of a computer based information system that provides summary information and highlights exception conditions for corrective decision making.

Role of MIS

• Capture the data from within and outside the organization
• Store the data for future use
• Process the data
• Generate reports
• Exchnage the data/information within and outside the organization
• Ensure the security of data
• Ensure end-user satisfication by providing information that is accurate, timely and relevant and in the desired format.

MIS Role in an Organization

• Budget forecasting and analysis
• Financial reporting
• Inventory management and control
• Material requirements planning
• Production scheduling
• Salary analysis
• Sales forecasting
• Sales reporting