ENACTMENT OF MANAGEMENT INFORMATION SYSTEM& INVENTORY MANAGEMENT

The Cardinal and basic decision making is a fundamental piece of the working of any association. To encourage Decision making in this ever-aggressive & competitive world it is basic that directors have the correct data at the ideal time to cross over any barrier among need and desire. To encourage better stream of data satisfactory Management Information Systems (MIS) is the need of great importance. Along these lines it is vital to have a comprehension of the MIS followed in an association by all levels of administration with the end goal to take powerful choices. A management information system gathers and evaluates information (data) and gives it to chiefs at all levels who utilize it for basic leadership, arranging, program usage, and control. The MIS has numerous jobs to perform like the choice help job, the execution checking job and the practical help job. To get a reasonable and all-encompassing perspective of the MIS, MIS of MCC Limited (Name camouflaged) was taken as a contextual investigation. To get a more definite comprehension of a specific capacity of the organization, we contemplated the need, uses and advantages of MIS as for the Material Department of the organization. Stock Management was of prime concentration in our examination. This paper propounds the usage of MIS in IT industries. The MIS has enormously encouraged and synchronized thedata stream in the association and the administration feels that is has assumed a job in the development and expanded execution of the organization.The Paper endeavors to explain Management information system. AMIS is an electronic database of budgetary data sorted out and modified so that it produces normal reports on tasks for each level of administration in an organization. It is typically additionally conceivable to get unique reports from the framework effectively. The fundamental reason for the MIS is to give directors criticism about their own execution; top administration can screen the organization all in all. Data shown by the MIS regularly demonstrates "real" information over against "arranged" results and results from a year prior to; hence it gauges advance against objectives. The MIS gets information from organization units and capacities. A portion of the information are gathered naturally from PC connected registration counters; others are entered in at intermittent interims. Routine reports are prearranged and kept running at interims or on interest while others are acquired utilizing worked in question dialects; show capacities incorporated with the framework are utilized by administrators to beware of status at work area side PCs associated with the MIS by systems. Many modern frameworks additionally screen and show the execution of the organization's stock.