Final EIS Project

8/2/2019 Final EIS Project

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Executiveinformation system

Presented by :-

Diksha Dey (03)

Pooja Sarkar (15)

MBA Retail 2nd Yr


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Information Systems

Collection of hardware, software, data,people and procedures that are

designed to generate information that

supports the day-to-day, short-range,

and long-range activities of users in anorganization.

Improved the effectiveness and

efficiency of that organization.

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Types of Information systems


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Executive informationsystem

A type of management information system intended to

facilitate and support the information and decision-making

needs ofsenior executives by providingeasy access to bothinternal and external information relevant to meeting thestrategic goals of the organization.

It is commonly considered as a specialized form of

decision support system (DSS). EIS helps top-level executives analyse, compare, and

highlight trends in important variables so that they canmonitor performance and identify opportunities and

problems.

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Components

EIS

Hardware

Software

UserInterface

Tele-communi

cation

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Hardware

Input data-entry devices:- executive to enter, verify andupdate data immediately.

Central processing unit (CPU):- controls the other computersystem components.Data storage files:- save useful business information, searchhistorical business information easily.

Output devices:- provides a visual or permanent record.

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Software

Text base software:- documentsDatabase:- helps executives access both internal andexternal data.

Graphic base:- time series, motion graphics, sequence chartsand bar charts.

Model base:- contain routine and special statistical, financialand other quantitative analysis.

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User Interface

Scheduled reports, questions/answers, menu driven,command language, natural language, and input/output.

EIS would be simple to use and highly flexible,providing consistent performance, reflecting theexecutives world, and containing help information.

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Telecommunication

Transmitting data from one place to another has becomecrucial for establishing a reliable network.

Telecommunications within an EIS can accelerate the

need for access to distributed data.

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Features Of Executive InformationSystem

Meant for higher level management.

Emphasis on external data.Information in summary form.

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Benefits Provides tools to select, extract, filter, and track the

critical information of organization in an organizedmanner

Enables the top-level executives to use the systemwith ease (extensive computer experience is not

required) Provides timely delivery of the organization-wide

summary of information highlighting the majordeviations of the information wherever they arise

Provides a wide range of reports including the statusreports, trend analyses, drill down investigation, adhoc queries.

Presents the information in graphical, tabular, and/or

text formats 21-03-2012 22:44 11


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EIS Applications

Manufacturing Transformation of raw materials into finished goods for sale.

It is a large branch of industry and of secondary production.

Manufacturing operational control focuses on day-to-dayoperations, and the central idea of this process is

effectiveness and efficiency.

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Marketing Managing available marketing resources to create a more

effective future.Assist marketing executives in making effective marketing

decisions, an EIS can be applied.

EIS software package enables marketing executives to

manipulate the data by looking for trends, performingaudits of the sales data, and calculating totals, averages,

changes, variances, or ratios.

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Financial Executive needs to use financial ratios and cash flow

analysis to estimate the trends and make capital

investment decisions.

EIS is a responsibility-oriented approach that integrates

planning or budgeting with control of performancereporting, and it can be extremely helpful to finance

executives.

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TypeState-owned enterprisePublic

Traded asBSE: 533278NSE: COALINDIA

Industry Mining

Founded 1975

Headquarters Kolkata, West Bengal, India

Area served India

Key peopleN C Jha(Chairman & MD)

Products Coal, Lignite

Revenue 60,245 crores (2010-11)

Profit 10,867 crores (2010-11)

Employees 383,347 (April 2011)21-03-2012 22:44 15POOJA SARKAR


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Advantages Of EIS

Easy for upper-level executives to use, extensivecomputer experience is not required in operations

Provides timely delivery of company summary

informationInformation that is provided is better understood

Filters data for management

Improves to tracking information

Offers efficiency to decision makers

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Limitations

Cost of establishing an EIS is relatively high and so maynot be economically viable for small companies

Functions are limited and so the systems may not

perform complex calculations

Depends on the other information technologies in theorganization to gather the organizations internal data

Difficult to keep the current data as it focuses on

historical data

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SUMMARY

EISs meet the needs of corporate executives byproviding them with vast amounts of informationquickly & in graphical form to help them makeeffective decisions.

EIS must be flexible , easy to use, & contain both int &ext sources of information.

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Final EIS Project

Documents

Transcript of Final EIS Project