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PBME Volume III ISBN: 978-81-951151-1-2

THE EFFECTIVENESS OF MANAGEMENT INFORMATION SYSTEM IN PHARMACEUTICAL SECTOR

Author(s): SARANYA SASIDHARAN ORCID iD & MONISHA DEVARAJAN ORCID iD icon

Abstract

The pharmaceutical industry is one of the quickest developing areas of the economy and is well – known as the information serious industry. The reception of Management Information System (MIS) in medical care, including drugs, isn't less significant than in some other association. The advancement of fitting, coordinated and adaptable Information framework in the pharmaceutical industry of creating nations has not been anything but difficult to accomplish and is probably going to stay slippery on account of proceeded with divided subsidizing of wellbeing programs and the record keeping. India is currently one among the main five emerging pharmaceutical markets worldwide. The Indian pharmaceutical sector is profoundly information based and data based which is developing consistently. In the administration of contemporary association, dynamic is one of the most significant administrative capacities. To this end, suitable, right and precise data is needed to be conveyed in an opportune way for legitimate administrative thought. In the current time a considerable lot of the pharmaceutical organizations are confronting serious issues for record saving for the assortment of information for dynamic reason. So as to achieve this, proficient and viable Management Information System (MIS) turns into a fundamental part for the association. In this paper, the analyst examines the cause of Pharmaceutical Management Information System (PMIS) in India and the working example of PMIS. It likewise attempts to understand both the upsides and downsides in PMIS framework.

Keywords: PMIS, MIS, intensive industry, managerial functions

JEL Classification: I10, M49, M20, M00

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