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Management Information System of Tata Steel

This document provides an introduction to the management information system of Tata Steel. It discusses that MIS processes data into information that is communicated to various departments for decision making. It then gives background on Tata Steel, establishing that it is Asia's first and India's largest integrated private sector steel company. The document notes that information has become a key factor for companies' success and growth, beyond traditional factors like land, labor, and capital. It provides context on Tata Steel's history and achievements.

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4K views2 pages

Management Information System of Tata Steel

This document provides an introduction to the management information system of Tata Steel. It discusses that MIS processes data into information that is communicated to various departments for decision making. It then gives background on Tata Steel, establishing that it is Asia's first and India's largest integrated private sector steel company. The document notes that information has become a key factor for companies' success and growth, beyond traditional factors like land, labor, and capital. It provides context on Tata Steel's history and achievements.

Uploaded by

pradeeplovi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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MANAGEMENT INFORMATION SYSTEM OF TATA STEEL

INTRODUCTION: Introductory part consists of definition of MIS and detail about TATA STEEL. First of all we will go through MIS which is basically concerned with processing
data into information. which is then communicated to the various Departments in an organization for appropriate decision-making.
Data Information Communication Decisions

Data collection involves the use of Information Technology (IT) comprising: computers and telecommunications networks (E-Mail, Voice Mail, Internet, telephone, etc.) Computers are important for more quantitative, than qualitative, data collection, storage and retrieval; Special features are speed and accuracy, and storage of large amount of data Telecommunications provide the means for oneway or two-way communication and for the transmission of messages.

Tata Steel established in 1907 is Asia's first and India's largest integrated private sector steel company. Tata Steel is the ranked sixth in the global steel sales. Tata Steel with Corus is the fifth largest global steel producer with a combined output of 23.5 MT. Tata Steel is among the lowest cost producers of steel in the world. Its sales mix today comprises approximately two thirds flat productshot rolled, cold rolled and coatedand one third long productsvalueadded finished products such as wires, wire rods and merchant bars. Over 9 MT production in FY 2006 IN 7 locations. Genesis of Idea: Before 21st century the three major problems faced by the industry are Land, Labor and Capital. After 21st century, the fourth factor is increasingly and fast becoming a hurdle or bottleneck for companies to grow. That is "Information", which is at the heart of much of todays global economy and managing knowledge has become vital for companies success. Information can be defined as a fluid mix of experience, values, contextual information and expert insight that provides a framework for evaluating and incorporating new experiences and information. Information is knowledge in action. Information is what people in an organization know about their staff, customers, products, processes, mistakes, and successes. The way the organization is structured and who reports to whom. B e i n g t h e b e s t i s j u s t n o t g o o d e n o u g h f o r s o m e companies. Take Tata Steel. Recently rated the worlds top steel enterprise in a survey of the global steel industry, the f l a g s h i p c o m p a n y o f t h e T a t a G r o u p w o u l d h a v e b e e n forgiven for resting on its laurels for a while. Instead, it has embarked on a restructuring programmed aimed at making it better still. T h e u r g e t o r e i n v e n t i t s e l f c o n s t a n t l y h a s p a i d handsome dividends for Tata Steel. It has c a r r i e d t h e company from the quagmire of stodginess and sloth to the promised land of profitability and unprecedented success. TATA Steel begin our

journey from small town of Jamshedpur in Jharkhand. Where every child grows up to a dream and t o a r e a l i t y b o t h l e a d i n g t o a n o r g a n i z a t i o n . A n organization which defined the lives of the people of this small township. One power, one force the dream of One- m a n w h i c h s h a p e s t h e r e a l i t i e s o f m i l l i o n s w o r l d o v e r today. We bring to you the story of one of the oldest endmost successful organizations of our times and celebrate the true spirit of steel with Tata Steel limited. Th e r eas on s f or p i cki n g up Ta t a s t eel comp an y as our study are simpleIt is Asias first and Indias largest steel company in the private sector. I t i s I n d i a s 2 nd l a r g e s t a n d 2 nd mos t p rof i t a bl e company in the private sector. It is one of the most admired companies in terms of H R p r a c t i c e s a n d s u s t a i n a b l e g r o w t h C o r p o r a t e Social Responsibility. The most important reason was to study the history and the 7-s framework of this glorious organization which celebrated its centenary year of foundation on the year 2007

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