1. Snyders of Hanover, which sells more than 78 million bags of pretzels, snack chips, and organic snack items each year, had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and re-enter all the data into another spreadsheet, which would serve as the company’s monthly profit-and-loss statement. If a department needed to update its data after submitting the spreadsheet to the main office, the analyst had to return the original spreadsheet and wait for the department to re-submit its data before finally submitting the updated data in the consolidated document. Assess the impact of this situation on business performance and management decision making.
First, it is easy to see that Snyders of Hanover needs to be updated, with the use of modern systems and technology, or better to update it. For example, how long it takes to do all these activities and how long it takes to making decisions? So, it is evident that the organization of this company is based in a manual system, the management department needs to work in to introduce a new IT. Imagine paying salaries for employers, to pay providers, to pay services, etc. It is important to plan a technological change after a deep study of the functioning in this company. So to apply the management information systems (MIS) that provides middle managers with reports on the organization’s current performance. This information is used to monitor and control the business and predict future performance.
Not only that, at this time when the use of computerized equipment to report everything related to the production and distribution is essential for any business to be success, Snyders of