Features of enterprise resource planning, Business Management

The general ERP model has a central data base shared by all functions of the enterprise represented by four quadrants in the figure represents the concept of enterprise resources planning and execution symbolizing integrated functionality and the global nature to today enterprises.

Some of the salient features of WRP are:

1. Accommodating Variety: The ERP software solution provides both multi lingual and multi currency capabilities. Also multi mode manufacturing and multi facility provide the capability required to compete and succeed globally.

2. Integrated Management Information : Today business use ERP for:

a. Flexible reporting tools to extract the information as and when needed without depending on an information systems department( MIS department).

b.Electronic data interchange ( EDI ) to electronically accept customer information like purchase orders schedule amendments or cash payments and electronically send order acknowledgement and invoices to customers.

c. Imaging to provide the ability to display drawings or specifications ability to store original sale orders purchase orders quotations and contracts,

d.Database Creation: Starting with time and attendance reporting monitoring and control of machines and post sales statistics.

Posted Date: 3/2/2013 2:48:44 AM | Location : United States

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