Most of the garment factories use excel to consolidate production information, identify issues, planning targets, aligning various departments and improving profitability. Such excel reports are many times unreliable with calculation mistakes and copy paste errors and excel sheets are stored in multiple files and multiple locations and are not amenable to multi location multi people working at same time and also is not amenable to analyze long term trends, patterns etc.,or for goal alignment
AUTOMATION OF MIS REPORTS: With advancement in IT technology many of these reports can be automated and , all the diverse files can be imported to a customized software for better utilization of the data in terms of goal setting, data management, goal alignment across divisions, profit improvement. Normally organizations create different departments to do different functions and in reality some of these functions are contradictory. An organization has to establish synergy between various departments and that can be done by proper MIS reports. There are case studies to show that by a single MIS report, companies turn around and make huge profits.
Management reports : MIS helps to identify issues, planning targets, aligning various departments and improving profitability. MIS helps the management to effectively control the production and provides a brief information on various aspects on manufacturing and gives a handle to the management to understand intricacies and connection between diverse data.