An Enterprise Resource Planning (ERP) system is a suite of integrated applications that a company can use to collect, store, manage, and interpret data from many business activities. ERP provides an integrated and continuously updated view of core business processes using common databases maintaine...
Integrated Business Processes with ERP Systems 1st Edition by Jeffrey Word & Simha R. Magal - Complete Elaborated and Latest Test bank. All Chapters 1-9 Included-Updated
Integrated Business Processes with ERP Systems 1st Edition by Jeffrey Word & Simha R. Magal - Complete Elaborated and Latest Test bank. All Chapters 1-9 Included-Updated for 2023
Integrated Business Processes with ERP Systems Ed.1 by Simha R. Magal Jeffrey Word Complete, Elaborated and Latest-|Test bank| Reviewed/Updated for 2023
All for this textbook (4)
Written for
University of Northampton (UoN)
Unknown
Erp (BIS352E)
All documents for this subject (1)
Seller
Follow
rewansamir
Content preview
1) Importance of ERP:
1. Facilitates the flow of information between all business functions.
2. Improve efficiency, reduce costs, and make data driven decisions.
3. links, monitors & controls primary enterprise resources.
2) What is ERP?
1. Software tools.
2. Manages business systems.
3. Allows automation and integration of business processes.
4. Enables data and information sharing.
5. Enterprise-wide system.
6. Introduces “best practices”.
3) Overall Business Benefits of ERP:
1. Information:
➔ Maximizes information throughput
➔ Provides timely information
➔ Integrates information throughout supply chain
2. Minimizes response time.
3. Better decision-making.
4. Reduces costs.
5. Cuts inventor.
6. Improves operating performance.
4) Department Benefits of ERP:
1. Sales:
a. Increase efficiency.
b. Reduce lead time.
c. Improve responsiveness.
2. Manufacturing:
a. Concurrent engineering.
b. Faster design & production.
3. Data Service:
a. Accurate customer service history.
b. Accurate warranty information.
4. Accounts payable:
a. Suppliers pays accurately.
, 5) Systems Benefits of ERP:
1. Eliminate legacy systems:
a. Reduce incompatible data.
b. Can cause fragmentations.
2. Allow sharing & monitoring of information.
3. Foundation of eBusiness:
a. Back-office functions.
4. Stadardization.
5. Helps obtain competitive advantages.
6. Improve interactions with customers & suppliers.
6) Integrated System Approach:
1. Common set of applications.
2. Usually requires re-engineering business process. (better alignment)
3. Limited customization. (Easier upgrades)
4. Overcomes inefficiencies.
5. Integrated data supports multiple functions.
*Problem of functional silos >> Business Process Re-Engineering BPR.
*The cross-functional business process involve: People & Resources from various
functions, Sharing information at any level.
7) Matrix Structure
8) Information Systems Architectures:
1. Centralized: a single mainframe or server that manages all of an organization's
data processing needs.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller rewansamir. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
