StudentShare solutions
Triangle menu

Business Information Systems - Essay Example

Not dowloaded yet

Extract of sample
Business Information Systems

Apart from processing, cooking, and preparing food at its manufacturing site close to headquarters, the company also out sources pre-prepared and partly prepared food products from other vendor firms, and markets them after packaging.
The annual turnover of FFC stands at an impressive UKP15 million, with a steady net profit of about 7%. Currently on an ambitious five-year plan to augment the annual growth rate to 10% discounting inflation, and net profit to 9%, FFC will take advantage of the growing demand for fashionable and quality food products. The company has been traditionally operating on a solely paper-based transaction processing, accounting, and reporting mode that is obsolete and incompatible with the information age, besides being cumbersome, time-consuming, and inefficient.
As Allen and Gilmore (2004, p.180) rightly observed, the "factory of the future" that succeeds in the new millennium would be "organized around the computer." And that future is right here and now. The power of the ubiquitous computer or laptop and the immense scope of the World Wide Web and Internet technology hold great potential to "integrate the various processes involved in the manufacture of a product or delivery of a service." (2004). Towards the closing decades of the 20th century, computer technology was largely used for MIS (management information systems) applications, mostly on a stand-alone mode. The advent of network technology and Internet has now transformed the scope of computer applications as never before. Today business executives and managers have greater and easier access to larger data on wider networks.
The benefits of MIS have now been expanded to include basic "transaction processing systems" (Allen and Gilmore, 2004, p.181) that lie at the heart of efficient operations in a successful organisation. They are better known as business information systems (BIS). Such systems are capable of efficiently and quickly handling a wide range of daily transactions in a company. The include order booking, inventory management, invoicing, shipping, payroll management, and accounting. The advances in information processing through Web-enabled distributed data networks have made global online transactions possible on a real-time basis. As Pottruck and Pierce aptly observed, the Web "makes information available to everyone, and is therefore, the single most important tool for collaboration that has ever been invented Organisations that are aligned behind common purpose will find it a powerful tool." (2001, p. 34).
BIS for FFC: A Needs Analysis
An organisation that does not quickly get into the bandwagon of technological changes for innovation is certain to be left far behind in the highly competitive business environment worldwide. The systems of operations at FFC are conventional, cumbersome, and greatly time-consuming, all of which adversely impact cost management efforts for achieving ...Show more

Summary

In response to a directive from the Chief Executive Officer, I am pleased to present a case for implementation of a suitable state-of-the-art integrated Business Information System (BIS) for the Fine Food Company (FFC). This report has been prepared after a review and analysis of the existing operating and management information sharing procedures in vogue in the company in light of the recent advancements in Information and Communication Technology (ICT) applications in business enterprises worldwide.
Author : roselyn93
Business Information Systems essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business Information Systems"
with a personal 20% discount.
Grab the best paper

Related Essays

Business Information Systems
The use of information systems is critical for any business to thrive under these conditions. An understanding of building a solid foundation of information systems in business is utilized form e-business, e-commerce operations, enterprise collaboration and management.
8 pages (2000 words) Essay
Business Information Systems
Key aspects that are effectively managed by the use of the appropriate information system include technology, employees and data. Bognor Marine Watercraft (BMW) is a UK based firm that specializes in the production and selling of watercrafts and various components that are used in the maintenance of its products.
9 pages (2250 words) Essay
Business Information Systems
They can therefore be used in offices, manufacturing, producing companies and even services delivering companies in ensuring their clients and operation databases are in order. Depending on the scenario in which the information system is supposed to be used, there are different types.
9 pages (2250 words) Essay
Business Information Systems
As the result, the organisations are now confronting intense competition due to globalisation of business where customers are no longer bounded to their regional locations and business has become an international entity. In this regard, businesses are now going through the process of transformation from local to international organisations; however, in this process, many factors play a crucial role and it is very imperative that decision-makers in such organisations should consider them to achieve and maintain their organisational success in the market.
9 pages (2250 words) Essay
Business Information Systems Essay
The case under review reflects the demerits of not having an integrated technological facility in business operations. 1.3 The current system is designed in a way that causes unnecessary delays at many intermediate points in the process flow due to sequential processing of tasks; although parallel processing can be undertaken, yet the management is reluctant to employ it.
6 pages (1500 words) Essay
Business Information Systems
f the existing operating and management information sharing procedures in vogue in the company in light of the recent advancements in Information and Communication Technology (ICT) applications in business enterprises worldwide. The Fine Food Company (FFC), headquartered in
6 pages (1500 words) Essay
Business Information Systems
The report lays down the structure of the system and the various strengths and complications of the system. It underlines the better forms the system architecture should focus for better design of the system and record
8 pages (2000 words) Essay
Business Information Systems
In this regard, businesses are now going through the process of transformation from local to international organisations; however, in this process, many factors play a crucial
9 pages (2250 words) Essay
Business Information Systems and Competitive Advantage A Case Study
Its customer base is enormous and well over 27 million individuals are registered as Tesco Clubcard holders. Due to intense competition in the grocery market, Tesco mainly competes on price wars in order to provide more value to its customers. Tesco faces competition from
7 pages (1750 words) Essay
Business Information Systems
The tool is important for providing required information to the decision makers regarding the need of changes in decisions, so that effective decisions can be made in accordance with business and market
8 pages (2000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation