Enterprise Systems

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Saurabh Goel

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Enterprise-wide information systems BY Saurabh Goel IBS Chennai

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ERP integrates business of an organization through a centralized database. The organizational data and transaction data are stored in the database. This data is a rich source of information. There are many software tools that would process the data and discover useful patterns. These techniques are referred to as data mining. The data from an ERP system may not be directly usable by data mining tools. The data may have to be pre-processed and made ready for data mining. A data warehouse is created from the ERP data that makes the data ready for data mining. An organization needs to interact with their suppliers for obtaining the raw material or semi-finished goods. They also need to interact with their retailers and dealers. These interactions may happen using EDI technology. Supply chain management (SCM) refers to managing suppliers and retailers. Customers are the reason why a business exists. The focus has changed from providing customer a product to providing a service built around the product. Customer relationship management (CRM) is the technology that helps an organization to manage its customers. CRM and SCM both integrate with ERP system and are collectively referred to as ERP-II.

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Management: The organization and coordination of the activities of a business in order to achieve defined objectives. Information: It is that which informs, i.e. an answer to a question, as well as that from which knowledge and data can be derived. System: A set of detailed methods, procedures and routines created to carry out a specific activity, perform a duty, or solve a problem. Management Information System: It broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization.

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ERP systems streamline business operations through an organization. And with ever-increasing complexity in today’s global manufacturing environment, companies need dependable and flexible ERP systems to help them compete. Read more about how Manufacturing ERP streamlines manufacturing and stock control: https://manufacturing-software-blog.mrpeasy.com/how-manufacturing-erp-streamlines-manufacturing-and-stock-control/ #manufacturing #mrpeasy #stockcontrol #erpsystem #erpsolution #erpsoftware #inventorymanagement #manufacturingerp #streamline

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The ERP (Enterprise Resource Planning) modular integrated software suite facilitates resource planning, data acquisition and management, as well as the integration of work over all divisions, business partners and processes within the company. The process relies on the integration of all data within a single database and the removal of duplicate/ redundant information. ERP systems’ development over the years has enabled not only the synthesis of business processes within a single organisation, but also the increased effectiveness of every company within the entire supply chain, and even throughout the whole ecosystem.

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The path forward is one that requires business transformation -transformation into an integrated enterprise. An integrated enterprise is an organizational structure that recognizes that a business operates best as a coordinated unit, and not as a mere collection of individual departments. Efficiency is achieved because focus is placed on processing transactions and information throughout the the enterprise. An ERP system is a prerequisite to the achievement of enterprise integration.

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MBALN-670 Operations Management Title of the topic 6 Resource Planning and Scheduling Topic’s learning objectives 1. Identify and critique the strategic frameworks of operations and quality management within a global business environment. 2. Comprehensive knowledge of the main concept and methods related to designing and managing operations and supply chains. 3. Systematic application of a range of fundamental operational improvement concepts. 4. Critically evaluate the role of operations within different business models / functions.. Introduction Learning Material Start by flicking through the presentations, this will provide you with a quick overview of the topics. Pay particular attention to Resource Planning. You will find these in the folder “presentations”. There are various ways in defining an Enterprise resource Planning System. This is how it has been defined by American Inventory and Production Control System (APICS) dictionary: “Enterprise Resource Planning: An accounting oriented information system for identifying and planning the enterprise-wide resources to make ship and account for customer orders.” Again in Internet encyclopedia, it has defined as: “An enterprise planning system is an integrated computer based application used to manage internal and external resources, including tangible assets, financial resources, material and human resources”. Basically, an ERP combines several traditional management functions into a logical integrated system and facilitate flow of information across these functions. It is designed to model and automate basic processes across the organization over a centralized database and eliminates the need of disparate systems maintained by various units of the organization. Figure below shows how information is integrated in a typical organization using a ERP system. ERP system is thus a mirror image of the major business processes of an organization. Need for Enterprise Resource Planning - Why ERP? Separate systems were being maintained during 1960/70 for traditional business functions like Sales & Marketing, Finance, Human Resources, Manufacturing, and Supply Chain Management. These systems were often incongruent, hosted in different databases and required batch updates. It was difficult to manage business processes across business functions e.g. procurement to pay and sales to cash functions. ERP system grew to replace the islands of information by integrating these traditional business functions. The successful implementation of an ERP system will have many advantages, as indicated below:  Business integration and Improved Data Accuracy: ERP system is composed of various modules/ sub modules where a module represents a particular business component. If data is entered in one module such as receiving, it automatically updates other related modules such as accounts payable and inventory. This ...

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