Information Systems Proposal

One of their long time passions they’ve shared together over the ears is music. Although they have both worked together in the retail industry since they were in high school, Shelli worked mainly in Customer Service while Cindy worked behind the scenes in the office utilizing many different business systems. The intent of this proposal is to create a business that will allow customers to find music from the past before CD’s or internet music were available. In addition, it will provide Shelli with an overview on the various types of information systems that would work well for our small business.

After examining the various systems, Shelli and Cindy should be able to select the most appropriate systems to start their business together. Objective Start up Take Me Back Record Store that will provide customers the opportunity to find music they have loved for years, but cannot find. Our record store will be unique in that it will utilize contacts from all over the world to find rare or unusual musical hits that are hard to find. In addition, we plan to carry a large section of multi-genre vinyl records that are almost extinct due to the CD, MP3, and internet music revolution.

Although we will also carry main stream music in all variations – records, CD’s, MP3’s, and downloadable version – our main objective will be to provide specialty, rare, and almost impossible to find music. Goals To collectively decide on which information systems we will choose to effectively run our business. Key considerations are: • Maintaining a resource data base for the business contacts we will utilize around the world to find our music. • An inventory system • Customer Data Base • Sales • Payroll and budgeting

Proposed Inventory The following graph depicts the inventory plan for products. As our target market is old time vinyl records that will make up half of our inventory. The remaining will be current music media types such as CD’s, MP3’s, and downloadable media. [pic] Information Systems Table The following table depicts the types of information systems, their functions, and provide an example of what each category provides the small business.

The disadvantage to this system is that the information of the fields is narrow. 2. Management Information Systems is a system that contains technology, information, and people, which are used to resolve business problems, such as the price of a product or other problems. 3. The Executive Dashboard is a computer interface that arranges information in an easy-to-read format. This system also delivers key performance meters that corporate directors need to run an effective business. 4. The Functional Area Information System is a compilation of smaller systems that are designed to perform certain activities by the marketing, sales, and payroll divisions that permit the whole company to run efficiently. 5.

The Decision Support System is a system that gathers valuable information from raw data and documents to help decision-making activities that are vital to every business. This system assists with speeding up problem-solving activities, which makes it much easier to resolve issues. Summary After reviewing the various types of business systems, we need to choose specific software applications within these systems to apply to our business. Software has changed dynamically over the last decade, and continues to change. There is significant progress related to small business operations. For our business, we want to focus on the main types of business information that will help our business maintain specific data discussed above.

These systems are the Transaction Processing Systems (TPS), an Operations Information Systems (OIS), and a type of credit card approval system that falls under Expert systems. Transaction Processing Systems (TPS) are a basic need for small businesses to conduct daily operations. Within this system, we will utilize point of sale (POS) software that is designed to make transactions efficient by tracking numbers for individual sales. Data can transfer and be used with accounting inventory and control software programs. These systems will follow the transaction from beginning to end, and allow us to create reports that indicate trends within our business.

The Operations Information Systems (OIS) will allow us to gather comprehensive date, organize it and summarizes it. This system will allow us to keep detailed data on both our customers and suppliers around the world. In addition, it will allow us to track sales, inventory, accounting and other performance related information. Lastly, we would want to utilize a type of software that allows us to store, charge, and authorize credit purchases. This software would fall under the Expert system. There are thousands of software systems available so we would need to ensure that the software chosen is compatible with the other software systems we choose.

Large companies, such as IBM, offer data software packages or bundles that will meet all the needs of a small business. Once we agree to proceed with our business, we will contact specialists to discuss which business operating system would best meet our needs. This proposal has outlined the objective for our new business, and what our goals would be. It has also identified the various types of information systems, and specifically the types we should consider implementing in our business. It is my hope that after reviewing this proposal, you will have a better understanding of business information systems, and feel confident enough to proceed with the creation, development, and implementation as my partner in Take Me Back When Record Store.