Features of enterprise resource planning, Business Management

Assignment Help:

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.


Related Discussions:- Features of enterprise resource planning

Plant layout - product oriented vs. process oriented, Plant Layout: Product...

Plant Layout: Product Oriented Vs. Process Oriented The argument is never going to end and we don't claim either to solve the issue. The simplest explanation to choice of layou

Example of tqm in services, Customers are surveyed every three months t...

Customers are surveyed every three months to determine how satisfactory the bank services are to customers. Areas of deficiency are identified policies are reviewed and co

Importance of interpersonal communication to school managers, QUESTION ...

QUESTION Read the text carefully and answer the following questions. Effective communication skills are a crucial necessity within contemporary organizations and are esse

Business environment-specific and general environment , Required: Resea...

Required: Research the external and internal business environments for the business you have chosen.  You should use your text book or another reputable Management text book to

Explain by the term cultural shock, QUESTION 1 (a) Explain by the term...

QUESTION 1 (a) Explain by the term "cultural shock"? Support your answer with examples (b) Ethnocentrism is one of the barriers of communication. Clearly explain how does i

Estimate the benefits the internet offers, QUESTION (a) (i) Describ...

QUESTION (a) (i) Describe how the internet works and identify any five of its major services. (ii) Estimate the benefits the Internet offers. (b) List four devices pr

Recent macro developments, In 2006, European economy performed well with an...

In 2006, European economy performed well with an economic growth of 3%, which was the highest since 2000. This is a sign that the economy is on the road to recovery and in fact mos

Calculate the npv is elevated for project hk, a) Students will require to c...

a) Students will require to carry out a full quantitative investment appraisal:   Project HK Project UK Payback 2 yea

Enteprenuership and SMEs, Solutions to a gradual decline in sales in an ind...

Solutions to a gradual decline in sales in an indian restaurant in London

Why is the booking reference number required, QUESTION A family is plan...

QUESTION A family is planning a weekend break and wish to book a hotel room on-line. Their favourite hotel chain is called the Valiant Group, which owns hundreds of hotels thro

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd