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MIS - Akhil Part

Coca-Cola implemented a strategic enterprise management system to handle its global operations more efficiently. The system provides business planning, data warehousing, and generates reports. This allows Coca-Cola to track financial health and growth across its many markets. Management information systems are crucial for Coca-Cola to gather sales data and make strategic decisions. They also help manage the company's online sales and distribution channels. Effective use of data is key to Coca-Cola's decision-making at strategic, tactical, and operational levels.
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0% found this document useful (0 votes)
82 views6 pages

MIS - Akhil Part

Coca-Cola implemented a strategic enterprise management system to handle its global operations more efficiently. The system provides business planning, data warehousing, and generates reports. This allows Coca-Cola to track financial health and growth across its many markets. Management information systems are crucial for Coca-Cola to gather sales data and make strategic decisions. They also help manage the company's online sales and distribution channels. Effective use of data is key to Coca-Cola's decision-making at strategic, tactical, and operational levels.
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How is the MIS helping in managerial decision making (at strategic, tactical, and

operational levels)
Coca-Cola is that the worlds largest beverage company. They sell their products in almost
200 countries everywhere the planet. thanks to its size, monitoring the finances and logistics
of their global enterprise is crucial and having the proper reasonably system can mean the
difference between success and failure. They started off with an old system called the legacy
system.
This clad to be very inefficient, it absolutely was not user friendly and lots of costs were
incurred due to these problems. They also did their financial plans manually on
spreadsheets and were submitted as hard copies. This made it very difficult to update
information and was a awfully big issue as they began to expand globally. As they were
growing an integrated business management system was needed to handle the various
aspects of their worldwide corporation.
They decided to include Strategic Enterprise Management (SEM). This provided them with
business planning for finances, data warehousing for information collection and data
analysis, and may also generate financial reports and monthly sales forecasts. This data
system is now fully implemented within the company and every one the info it collects
provides baseline information so Coca-Cola can track the financial health and growth of the
corporate.
MIS department is liable for the generation of reports for every department i.e. for
production department about the case of empty and syrup, report of manufactured stock
for the sales coordinator. And these reports are submitted to the TGM and to the Accounts
Manager. On the premise of those reports Management make decisions about the
assembly, sales and different matters. This department is additionally to blame for the event
of computer programs for all departments The Coca-Cola Company also incorporates a
unique relationship with its retailers and vendors, the those who actually sell its products. 
Through Coca-Cola’s superb information management, they're able to reliably track
information about their products and make adjustments to their business strategy
accordingly online accordingly. We see that management information systems are perfectly
suited to a task like this because it allows Coca-Cola to assemble bulk data on sales and
details on the character of these sales.
This insight into the market could be a big reason why it's possible for Coca-Cola to control
on such an oversized level with independent businesses working together during this way.
the knowledge gained through the employment of management information systems is
employed by Coca-Cola in several different levels of the business structure which was
mentioned well earlier. A simple and effective way of rundown this process is laid move into
the publication “Management Information Systems, Controller’s Handbook” by the where it
states “MIS also enhances job performance throughout an establishment.
At the foremost senior levels, it provides the information and knowledge to assist the board
and management make strategic decisions. At other levels, MIS provides the means through
which the institution's activities are monitored and knowledge is distributed to
management, employees, and customers.
With this information, and cognition on the matter it's easy to work out that this method of
gaining large amounts of information is becoming an industry standard by necessity and
people businesses who utilize management information systems will have a competitive
edge up their markets.
This can be because of the foresight that this data offers into who is buying products, what
percentage are being bought, and where they're being bought Another important area
where management information systems acquire play with The Coca-Cola Company is that
of online sales, and particularly in today’s market no major business can afford to disregard
this tool.
As many companies waste today’s industry, Coca-Cola chose to seek out another business to
assist organize and run their e-commerce sector. This company’s job is to essentially
function a large inventory center for Coca-Cola, so as to assist with their distribution and
shipping of products that customers may buy online.
The shift towards the importance of e-commerce created a change within the marketplace
that successful companies were ready to adapt to too soon. The most noticeable change
that companies had to undergo after the increase of e-commerce was the very fact that
focus and control shifted from the retailer to the customer in online markets. now not were
retailers allowed to settle on the hours during which customers could purchase things, and
therefore the demand couldn't be suffering from what proportion any given retailer ordered
for stock.
With the net shopping experience, the businesses themselves had to bend to the desire of
the customer in a fair more comprehensive way than ever before. With this challenge after
all came the requirement for increased data from online sales. a corporation like Coca-Cola
has prospered alright from a mix of using all possible information to react to the changing
market, moreover as utilize a number of the identical practices that make them so
successful with offline sales.
Perhaps the most important perk to having the web at Coca-Cola’s disposal for the needs of
collecting and utilizing data is that the undeniable fact that the speed of the web can bring a
way smoother over-all operation. Effective management of all of this data is what allows this
unique structure to prosper.
Being a worldwide leader in its market, The Coca-Cola Company is in an exceedingly unique
position as a business. it's over 80 years of history behind it, and therein time has grown to
become one among the foremost recognizable names within the world when it involves
beverages. thanks to this, they'll accelerate past much of the research and development
that younger, less established companies must undergo.
The role of data in deciding can't be overemphasized. Effective deciding demands accurate,
timely and relevant information. MIS provides accurate and timely information necessary to
facilitate the decision-making process and enable the organizations planning, control, and
operational functions to be meted out effectively. MIS also plays the crucial role of providing
a large range of streamlined options from which decision-makers are able to make their
preferred choices and this ensures that whatever choices are made by decision makers, the
end result, more often than not, becomes positive.
This, as a matter of fact, is that the reason why many decision makers tend to prefer using
MIS tools when making tough business choices. MIS as renowned concept, having good
decision choices guarantees viable decisions in our businesses. From the above discussion
we are able to say that call network target deciding whereas management data system
(MIS) specialize in information. In Management system it works on online mode but in
decision network it works on real time mode.
The management web supports medium level of information but in decision web it supports
huge volume of information. The management network uses low supports of graphics but in
decision network it uses large support of graphics. The management data system focus only
on fully structured task or routine for decision but decision network focuses on structure
similarly as semi structured data.
Various information regarding manufacturing and its operation has been collected using the
knowledge tools, Excel as TPS (Transaction Processing System). This data are recorded using
TPS and therefore the output of TPS is further employed in Decision network (DSS). for
instance, doing “what if analysis”.
Excel has been used as system tool for recording the first data about sales, inventory,
purchase, and doing “what if analysis” for decision purpose.
What–if analysis is employed by the centre management to require several decisions for
unstructured decisions. it's a tool used by DSS. Here what if analysis is finished regarding
financial position of train ticketing system by goal seeking.
Whenever to form a formula or function in Excel, put various parts together to calculate a
result. Goal Seek works within the opposite way: It permits you to start with the specified
result, and it calculates the input value that may provide you with that result. this can be the
instance to indicate the way to use Goal Seek.
Let us take scenarios to know better;
Scenario 1: due to the change in different political and economic crisis there occurs inflation
in country. Let us see what happens to the revenue when high inflation and moderate
inflation occurs.
Change in revenue if the inflation occurs

Scenario 2: the management team has decided that the revenue from must rise to fifty
thousand by the next year. Now using goal seek find what changes occur with the quantity
of Kinley that must be sold
So these organization need to maintain adequate level of inventory, proper level of
production and sales. During the study of Coca-Cola production system, the present system
used by the company was seen and studied.
It was found with the problem and system analysis is done by bringing solution to it is a
new computerized information system with the help of processes like system design, system
implementation, testing, conversion, production maintenance etc. It will solve the problem
of inventory, production process, sales etc.

Cost of MIS acquisition

The cost part wasn't clear because the information wasn't shared about the value. Rather
the way planning for MIS is finished was shared, and also the following steps were tasken at
cola to urge the MIS on board;
1. Define Outcomes: Identify tangible benefits that an MIS will wake up your organization •
Define the scope of the MIS (organizational level, regional level, country level) • Develop
measurements to assess whether MIS is successful
2. Define what your system has to do Documenting system requirements and
communicating them well could be a crucial. Lack of understanding between the long run
users of a system and also the people that design it's one in every of the most causes of
frustration, delays and value overruns in IT projects.
3. Find the proper solution: Identify the most effective system for your organization looking
on your resources and expected use. Software models can range from custom-developed
software (i.e. build a software system from scratch) to Software as a service (SaaS) (i.e. a
database and application hosted on remote servers, and software is sold (or offered freely)
as a service that may be contracted per user and per month or year).
• SaaS applications are particularly useful because they: o Eliminate must invest in local
servers o Eliminate need for in-house IT staff o Incorporate on-demand training and support
o Often incorporate a pay by the drink cost model (obviate large up front investments) o
Easier to transfer to local institutions
4. Select the proper vendors: Asking the correct questions when selecting a vendor will
facilitate your select the most effective vendor for your needs.
• Evaluate the merit of every proposal
• Evaluate the value of every proposal and choose a vendor
• Make a contract or memorandum of understanding
5.. Estimate implementation and operating costs Estimate project cost for pilot, scale up,
and maintenance
• Pilot: the functional, technical, and organizational complexity of the project drives costs.
Costs don't vary significantly for an oversized or atiny low country.
• Scale: the quantity of future users and therefore the cost per user to deploy it are the
foremost important variables. the value per user depends on the way within which users
will access the system (for example, PC, mobile, paper) and their training needs.
• Sustain: aside from the quantity of users, the chosen technology is critical here. as an
example, any solution that needs local software installation and maintenance are going to
be costlier than a centralized system, like a web-based or cloud system.

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