Go through the case and answer the questions that follow
Precision is an established brand in wristwatches and claims that
PWL could achieve this status due to various management initiatives
undertaken to make it an IT-enabled Internet driven Enterprise. PWL
has become more customers centric. In E-environment we come to know
what customer wants and what changes are taking place in the
market. This is possible as we get online information in real time
mode about choice of product made or expressed by the customer,
rate of sale of products by location, segment and market, and
unsuccessful sale events by reason and so on. With established
communication network PWL, knows customer preferences, product
movements, modifications and is able to respond faster to customer
requirements and expectations.
PWL has four factories at Bangkok, Hong Kong, Taiwan, and Malaysia.
Due to networking of all work centers, sales points, dealers,
distributors and use of enterprise business process application
suite.
PWL has management information daily on:-
1. Product Inventory: Brand, Model, Price, and Location
2. Product Sale: Fast Moving and Slow Moving
3. Market: Segment, Areas, and Locations
4. Customer: Preferences, Profile, and Lost Customers
PWL claims that all this is possible due to implementation of ERP
package SAP. The implementation goal of SAP ERP was to:
• Make information access available to all concerned.
• Provide information integrity for all users.
• Integration of complete supply chain.
• Reduce inventory of watches, and know at all sales point 'Where
is what?'
With ERP implementation, IT is an integral part of the enterprise
making it E-business enterprise. Management of PWL is able to
handle efficiently dispersed, disparate and heterogeneous customer
preferences. Management is able to compete in a dynamic wrist watch
market where competition from gray market and international brands
is very strong.
Using IT-enabled applications Internet technologies integration of
supply chain is a challenge. To boost these strategic initiatives
PWL implemented B2B solutions to leverage Internet for order
handling, configuring, tracking, and delivering. PWL is also
thinking of implementation of Radio Frequency Identification Device
(RFID) technology, as it believes RFID is the
technology of the future and is more efficient for handling variety
of watches and high value of inventory.
PWL is convinced that strategic use of IT and Internet has made PWL
an E-business enterprise where IT and Internet are business drivers
and enablers as well. Management claims that success of enterprise
is due to user and customer participation in E-Enterprise solution.
PWL now has online Management Information systems support when
weekly meetings are held for business review, operation review, and
customer issues.
Questions:
A. Discuss the role of MIS for PWL in detail.
B. Identify different Information system at each level which PWL
may be using.
C. Explain how SAP-ERP helps PWL to handle dynamic nature of
business.
D. What are the other tools of Information System used by PWL and
how are they beneficial for the company.
A.ROLE OF MIS FOR PWL:-
A Management information system(MIS) helps the PWL company to gather data from multiple online systems,analyzes the information and reports data which helps in management decision making.
MIS helps the company to properly strategise the overall work.Through MIS management has information daily on:-
Hope this answer helps you..
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