Enterprise resource planning, Basic Computer Science

ENTERPRISE RESOURCE PLANNING

What has football got to do with it? asks management guru Michael Hammer in his latest best seller Beyond Reengineering. The answer is almost everything. Football is indeed a good analogy of the modern business environment. Companies have to play like teams of people with diverse skills for a common goal under some of the toughest competitive conditions.

For organizations to stay ahead and remain profitable, the entire company must be able to block, dribble, pass and run better than competition.  In other words read  markets  quicker, manufacturer faster, deliver outstanding customer value at lower operating costs.

The company’s challenge lies in understanding the markets and determining their goals. On this basis identify what and how every function can do towards this end, not as individually efficient units but as a coordinated team. In short, be a focused enterprise having an integrated operating structure.

Information is the key towards this. Information system couple the  various activities of the firm leading to  efficient operations and effective management. Easy access to timely accurate and relevant data leads to informed decision making, minimizing the response time and enabling better coordination in the firm. Computer-based information systems are the obvious solution to the vast information requirements of companies today. For professionals and entrepreneurs, a basic understanding of information system has become imperative. There is no escape from the fact that computers are here to stay and change the way companies compete. Making skillful use of the available host of information technologies today is no longer a matter of choice, it is a matter of competitive survival.

The latest tool, information technology has lent to business applications is ERP.  ERP stands for enterprise resource planning. It is enterprise wide systems solution. It comprises of a single system which has organization wide applications built into it. The ERP solutions seek to streamline and integrate operational processes and information flows in the company, hence synergize the resources of an organization viz., men, money, material, machine through information. 

Posted Date: 9/14/2012 6:20:40 AM | Location : United States







Related Discussions:- Enterprise resource planning, Assignment Help, Ask Question on Enterprise resource planning, Get Answer, Expert's Help, Enterprise resource planning Discussions

Write discussion on Enterprise resource planning
Your posts are moderated
Related Questions
WHAT IS MULTIPLE CONTIGUOUS VARIABLE PARTITIONING

Question 1 What is Collaboration? Write down the objectives of collaboration Question 2 What is proxy server? Write down the reasons for using proxy server Question

Question 1 What are the different stages of evolution of Computer Architecture? Explain in detail Question 2 What are the components of Instruction Set architecture? Discu

IDA* Search-Artificial intelligence: A* search is a sophisticated and successful search strategy. yet, a problem with A* search is that it might  keep every states in its memor



1.Add a Validation Rule for Date of Birth so no one under the age of 18 can be added to the table. Hint: subtract the DOB from today''s date and divide by 365.25 (watch the parenth

E-MAIL: Internet has changed the art of writing letters to email.  Email is one of the ways on Internet to send messages to another person across the network. E-mail and posta

Question 1 Explain any five different types of computers Question 2 Describe Bus Type LAN. Its disadvantages and advantages and examples Question 3 Describe the

Necessary Nurses Records The software should generate all registers/reports in detail summary for various permutations and combinations of options. A powerful SQL (Structure