Danyal

Shaikh Asad Shaikh Salar Memon Sartaj Sangi

An MIS provides information and support for effective decision making, and provides feedback on daily operations.

MIS is a system, which makes available the Right Information to the Right Person at the Right place at the Right Time in the Right Form and at Right Cost.

 Management

information systems have several applications in the retail industry.

MIS is the systematic use of technology and people to manage the flow of information. is also used for point-of-sale data collection, logistics, inventory control and internal communication.

MIS

 The

combination of human and computer based resources that results in the collection, storage, recovery, communication and use for the purpose of efficient management.

It is a method of interaction with the Customer through different ways, Such as: Telephone Fax E-mail and others.

 Handling

of quantity data Quick recovery Mass Storage Confirmation of validity of data Timely Communication

Compensation Vacation Skills/Training

Human Resources Accounting

A/R A/P Payroll General Ledger

Receiving Fulfillment Process control Purchasing

Cash Management Asset Management Budgeting

Operations

Business Funtion

Financing

Order Taking CRM Self-service

Sales Marketing

Retail Pricing Sales Promotions Sales Force Management. Customer Loyalty Interactive Marketing

Chapter 7

10

By Salar Memon

Retail management information systems support distributed stores by linking them. By allowing the instant exchange of information, store managers can stay in contact to more effectively control profits for the whole company. The system should support product management. It should also enable detailed analysis of customer data. A flexible system allows managers to set prices for variable time periods based on the store location. To meet the needs of sales and inventory managers, retail management information systems include a mobile user interface.

Function
Supporting

the basic functions of procurement, storage and delivery, a retail management information system allows a manager to manage customers, inventory, suppliers and product sales. The system allows you to track purchase orders and update inventory records dynamically. You can analyze cash, check and credit card transactions to reconcile information. Improve efficiency by examining overage and shortages to reveal trends that can be rectified.

By ASAD SHAIKH

 Retail

management information systems can be customized for each industry, including

Example: Department store Supermarket Cost of structure franchise

Integration between payments, inventory and transactions improves operations and reduces costs by preventing duplicate entries.

These strategies enable a profitable business.

The IT department is separated from operations and the IT department is only in charge of giving information.
Process is too much time taking.

By Sartaj Sangi