A study of why Unilever Bangladesh Ltd. is switching from the existing Management Information System (MIS) - matrix to a new MIS- TM1

Abstract

This report presents a comprehensive study of the existing Management Information System (MIS) - Matrix employed by Unilever Bangladesh Ltd, focusing on its limitations and the need for transitioning to a new, advanced MIS - TM1. The current MIS - Matrix has exhibited several shortcomings, including outdated technology, limited scalability, inadequate data integration, and a lack of real-time reporting capabilities. By moving to the TM1 system, Unilever Bangladesh Ltd. can address these challenges and unlock numerous benefits. TM1 offers advanced features such as enhanced data integration, dynamic and real-time reporting, improved scalability, and the ability to handle complex analytical situations. These features enable more accurate decision- making, enhanced operational efficiency, and better alignment with Unilever's strategic objectives. The transition to TM1 would require an approach that includes comprehensive data migration, system configuration, and user training. However, the potential benefits far outweigh the implementation efforts, making the adoption of TM1 a compelling proposition for Unilever Bangladesh Ltd. This report recommends the prompt adoption of TM1 as the new MIS for Unilever Bangladesh Ltd., emphasizing the positive impact it will have on operational effectiveness and overall business performance.