What is the primary purpose of the Management Information System (MIS) in supply chain management?

What is the primary purpose of the Management Information System (MIS) in supply chain management?

• A. To provide a communication platform for suppliers
• B. To gather and manage information for decision-making
• C. To track employee performance within logistics
• D. To audit financial transactions of inventory

Answer: (B)

The primary purpose of the Management Information System (MIS) in supply chain management is to gather and manage information for decision-making. In the context of supply chain management, effective decisions depend heavily on accurate and timely data. The MIS plays a crucial role by collecting data from various sources across the supply chain, such as inventory levels, order processing, and supplier performance. This system synthesizes complex data into useful information, which helps managers analyze performance, predict trends, make informed decisions, and streamline operations. By ensuring that relevant stakeholders have access to the data they need, the MIS enables proactive decision-making, which is essential for maintaining efficiency and competitiveness in the supply chain.

The primary purpose of the Management Information System (MIS) in supply chain management is to gather and manage information for decision-making. In the context of supply chain management, effective decisions depend heavily on accurate and timely data. The MIS plays a crucial role by collecting data from various sources across the supply chain, such as inventory levels, order processing, and supplier performance.

This system synthesizes complex data into useful information, which helps managers analyze performance, predict trends, make informed decisions, and streamline operations. By ensuring that relevant stakeholders have access to the data they need, the MIS enables proactive decision-making, which is essential for maintaining efficiency and competitiveness in the supply chain.