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.
The ERP market is highly competitive and growing at 10% annually. Top vendors include SAP, Oracle, PeopleSoft, JD Edwards, and others. SAP has the largest market share at 43% and offers integrated ERP software packages. Other major vendors include Oracle, which provides databases, applications, and business intelligence tools, and PeopleSoft, which offers industry-specific solutions. BAAN, JD Edwards, and QAD also operate in the ERP market space providing specialized solutions.
In the computer industry, an enterprise is an organization that uses computers. A word was needed that would encompass corporations, small businesses, non-profit institutions, government bodies, and possibly other kinds of organizations. The term enterprise seemed to do the job. In practice, the term is applied much more often to larger organizations than smaller ones.
This document discusses the evolution of enterprise resource planning (ERP) systems from the 1960s to the 2000s. It describes how ERP systems originated from separate inventory management, materials requirements planning, and manufacturing resources planning systems and integrated various business functions and processes into a single software package. The document also outlines some of the key modules in modern ERP systems like financials, human resources, distribution, sales and marketing, and manufacturing.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
If you’re looking to implement an ERP solution for your enterprise, it’s important that you know the various points of impact in advance. For more details about ERP Solutions visit: http://www.skylinecollege.com/
The document discusses the key modules of an enterprise resource planning (ERP) system. It describes the main functions of common ERP modules like financial, human resources, production planning, purchasing, inventory, and sales. It also provides usage statistics for different ERP modules in the US and Sweden. Finally, it outlines the specific ERP modules needed for implementing such a system in the power utility sector, including billing, finance, meter data management, maintenance management, and human resources.
An ERP system unifies database input, processing and retrieval across business units. ERP applications are deployed across locations and have three areas: a centralized database, clients that input data and submit requests, and an application component connecting clients and database. Enterprise architecture translates business vision into effective enterprise change by defining models of the future state and evolution. The two main ERP architectures are two-tier, where the server handles applications and database, and three-tier client/server, where database and application functions are separated, requiring two network connections between client, application server and database server.
The document outlines the key phases in an ERP lifecycle implementation process. It begins with pre-evaluation and screening of potential ERP packages. Next, a package is selected and a project plan is created, followed by a gap analysis. Then processes are reengineered and the system is configured. Teams are trained and testing is conducted before going live. Post-implementation, end users are trained and the system is maintained. The lifecycle highlights the stages all organizations go through when implementing an integrated ERP system.
The ERP market is highly competitive and growing at 10% annually. Top vendors include SAP, Oracle, PeopleSoft, JD Edwards, and others. SAP has the largest market share at 43% and offers integrated ERP software packages. Other major vendors include Oracle, which provides databases, applications, and business intelligence tools, and PeopleSoft, which offers industry-specific solutions. BAAN, JD Edwards, and QAD also operate in the ERP market space providing specialized solutions.
In the computer industry, an enterprise is an organization that uses computers. A word was needed that would encompass corporations, small businesses, non-profit institutions, government bodies, and possibly other kinds of organizations. The term enterprise seemed to do the job. In practice, the term is applied much more often to larger organizations than smaller ones.
This document discusses the evolution of enterprise resource planning (ERP) systems from the 1960s to the 2000s. It describes how ERP systems originated from separate inventory management, materials requirements planning, and manufacturing resources planning systems and integrated various business functions and processes into a single software package. The document also outlines some of the key modules in modern ERP systems like financials, human resources, distribution, sales and marketing, and manufacturing.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
If you’re looking to implement an ERP solution for your enterprise, it’s important that you know the various points of impact in advance. For more details about ERP Solutions visit: http://www.skylinecollege.com/
The document discusses the key modules of an enterprise resource planning (ERP) system. It describes the main functions of common ERP modules like financial, human resources, production planning, purchasing, inventory, and sales. It also provides usage statistics for different ERP modules in the US and Sweden. Finally, it outlines the specific ERP modules needed for implementing such a system in the power utility sector, including billing, finance, meter data management, maintenance management, and human resources.
An ERP system unifies database input, processing and retrieval across business units. ERP applications are deployed across locations and have three areas: a centralized database, clients that input data and submit requests, and an application component connecting clients and database. Enterprise architecture translates business vision into effective enterprise change by defining models of the future state and evolution. The two main ERP architectures are two-tier, where the server handles applications and database, and three-tier client/server, where database and application functions are separated, requiring two network connections between client, application server and database server.
The document outlines the key phases in an ERP lifecycle implementation process. It begins with pre-evaluation and screening of potential ERP packages. Next, a package is selected and a project plan is created, followed by a gap analysis. Then processes are reengineered and the system is configured. Teams are trained and testing is conducted before going live. Post-implementation, end users are trained and the system is maintained. The lifecycle highlights the stages all organizations go through when implementing an integrated ERP system.
This document provides an overview of enterprise resource planning (ERP) systems. It defines ERP as software that integrates business functions across an enterprise, discusses the history and evolution of ERP from separate systems in the 1960s-1980s to integrated ERP in the 1990s, and outlines the main components or modules of a typical ERP system, including accounting, human resources, manufacturing, project management, customer relationship management, and supply chain management. The document also covers ERP implementation options, vendors, advantages, disadvantages, examples of successful implementations, and reasons why ERP projects fail.
The document discusses future directions for enterprise resource planning (ERP) software. It outlines how ERP vendors are expanding into new markets and channels by offering lower-cost versions of their software. It also describes faster implementation methodologies being developed, such as SAP's ASAP program, to reduce implementation times. The document further discusses efforts to web-enable software using Java, integrate with technologies like data warehousing and business intelligence tools, and expand into specialized industry segments.
This document discusses how ERP systems integrate business functions and processes across different functional areas like marketing, supply chain, accounting, and human resources. It provides examples of common business functions and processes within each area. For instance, marketing functions include sales and identifying customer needs, while supply chain functions involve purchasing, manufacturing, and inventory management. The document also explains that ERP processes consist of interdependent steps that span multiple functional areas to transform inputs into outputs. A customer order process is provided as an example of a cross-functional business process in ERP.
What is an ERP system? This guide explains what an ERP system is and how it works for your business.
Two primary concerns of any business are efficiency and profitability. This is basically what an ERP system is designed to optimize.
An ERP system allows you to perform the necessary money-making processes of your business as efficiently as possible.
To achieve a level of efficiency and profitability, a business aims to maximize it’s bottom line while keeping overhead costs low.
An ERP system provides a business with management software that fosters productivity.
The term “ERP” stands for Enterprise Resource Planning.
Basically, an ERP system is a shared database that reflects the moving parts of a company. This provides a much broader, top-down perspective of your business.
Installing an ERP system will grant you a much fuller picture of what is actually going on, in any given period of time.
Some processes in which you can gain some business insights include: sales, human resources, inventory, purchasing, finances, online ordering and many more buckets.
The main objective of an ERP system is to improve how your business resources are spent, and that means money and time. By taking a wide-view, and analyzing every aspect of your business, you will be able to decide if you are properly deploying your resources in a way that will drive maximum profitability.
Enterprise Resource Planning Unit 4 post implementation on ERPGanesha Pandian
An ERP system implementation requires continuous improvement and learning as technology advances. While companies treat ERP implementations as projects, the benefits are realized after go-live when staff use the new system. Successful ERP efforts require employee training, ongoing maintenance through upgrades and troubleshooting, and changes to business processes. Key challenges include resistance to change, lack of management support, unrealistic timelines and expectations.
An ERP system attempts to integrate all functions of a company into a single computer system. It provides an integrated database and customized reports. ERP systems standardize operations, reduce costs, and integrate financial and customer information across the enterprise. Implementing an ERP system involves multiple phases including planning, analysis, installation, testing, and operations. Challenges include organizational changes, costs, and resistance to change.
The document traces the evolution of enterprise resource planning (ERP) systems from the 1960s to the present. It discusses early inventory management systems and the development of materials requirements planning (MRP) in the 1970s. MRP evolved into manufacturing resource planning (MRP II) in the 1980s which integrated additional business functions. In the 1990s, MRP II became known as ERP as it covered more of a company's business enterprise. The document outlines continued trends like expanded ERP capabilities and the emergence of ERP II systems to enable greater inter-organizational collaboration. Next generation ERP is shifting to cloud-based systems that provide real-time access to data across organizations.
The document discusses Enterprise Resource Planning (ERP) systems. ERP systems integrate various business functions like manufacturing, sales, inventory, accounting etc into a single system. The document outlines the evolution of ERP from earlier software packages, describes the components and benefits of ERP systems like improved efficiency and information integration. It also discusses challenges in ERP implementation like costs, timelines and resistance to change.
This document discusses how ERP systems and e-business are integrated. It states that e-business has changed the definition of enterprise systems by pushing ERP from internal processes to the network edge and extending ERP capabilities to enable B2B and B2C transactions. The document outlines how e-business focuses on efficiently integrating external, cross-enterprise processes and opens doors to new strategic opportunities by making ERP systems more outward facing and transparent. It provides examples of how e-business integrates supply chain processes and the technologies involved.
This document provides an overview of enterprise resource planning (ERP) systems. It discusses key ERP modules like finance, human resources, supply chain management, and manufacturing. It also outlines advantages of ERP systems like end-to-end visibility, planning and reporting, and data security. Challenges of ERP implementation include finding the right software, gaining management commitment, and providing adequate training. Trends in ERP highlighted are more user-friendly interfaces, increased mobility, greater integration between systems, and demand for cloud-based solutions.
Strategic information systems are created in response to business initiatives to provide a competitive advantage. They are systems that are developed based on corporate business needs and opportunities. Strategic information systems link business and computer strategies by developing new systems enabled by emerging technologies that can quickly gain competitive advantage.
Management Information System (Full Notes)Harish Chand
This document provides a summary of key topics related to Management Information Systems (MIS). It discusses the importance of information systems for businesses and defines different types of systems, including Transaction Processing Systems, Knowledge Work Systems, Management Information Systems, and Decision Support Systems. It also outlines some of the challenges of implementing effective information systems, such as realizing digital transformation and addressing globalization.
discuss about System system analysis, system design, system analyst's role, Development of System through analysis, SDLC, Case Tools of SAD, Implementation, etc.
The document discusses the modules that make up an Enterprise Resource Planning (ERP) system. It describes the main ERP modules as production planning, purchasing, inventory control, sales, marketing, finance, and human resources. Each ERP module mimics a major functional area of an organization and aims to consolidate departments and functions into a single system. The document provides details on the purpose and functions of the main production planning, purchasing, inventory control, sales, finance, and human resources modules.
This document provides an overview of the 3-tier data warehouse architecture. It discusses the three tiers: the bottom tier contains the data warehouse server which fetches relevant data from various data sources and loads it into the data warehouse using backend tools for extraction, cleaning, transformation and loading. The bottom tier also contains the data marts and metadata repository. The middle tier contains the OLAP server which presents multidimensional data to users from the data warehouse and data marts. The top tier contains the front-end tools like query, reporting and analysis tools that allow users to access and analyze the data.
A transaction processing system (TPS) collects, stores, modifies, and retrieves business transaction data. TPS are designed to efficiently process high volumes of routine transactions like reservations, payments, and account processing. Transactions represent business activities like orders, payments, and invoices. Early systems like SABRE processed thousands of transactions daily. For a system to qualify as a TPS, transactions must pass the ACID test ensuring atomicity, consistency, isolation, and durability. Key features of TPS include rapid response, continuous availability, data integrity, and ease of use.
This document outlines the key phases of an ERP implementation life cycle. It discusses the pre-evaluation screening phase where companies search for the best ERP solution. It also describes the important package evaluation and project planning phases. Key implementation phases discussed include gap analysis, reengineering, configuration, testing, training, and going live. The final post-implementation phase focuses on ongoing maintenance and upgrades once the initial implementation is complete. Effective end user training is also emphasized as critical to the long-term success of the ERP system.
ERP Implementation Challenges and Package SelectionUsman Tariq
ERP implementations have a nasty reputation for being challenging.
These challenges can lead to your ERP implementation project taking too much time and being over budget.
The result can be you being left with an underperforming solution. Or, you avoiding implementation of an ERP at all costs.
While the challenges are real, they shouldn’t stop you from implementing one.
The document discusses some limitations of ERP systems, including inability to generate custom reports without programmer help, providing only current status rather than trends, and lack of integration with external data sources. It then introduces several related technologies - like business process reengineering, management information systems, decision support systems, executive information systems, data warehousing, data mining, online analytical processing, and supply chain management - that can help overcome ERP limitations when used together with an ERP package.
CHP-3ERP and Related Technologies(1).pptTusharChahar3
The document discusses several technologies that can help overcome limitations of standalone ERP systems. It describes Business Process Reengineering (BPR) which helps integrate business processes and achieve improvements. It also discusses Management Information Systems (MIS), Decision Support Systems (DSS), Executive Information Systems (EIS), Data Warehousing, Data Mining, Online Analytical Processing (OLAP), and Supply Chain Management (SCM) - providing definitions and how each helps address ERP limitations such as inability to generate custom reports, only providing current status, and data not being integrated across systems.
This document provides an overview of enterprise resource planning (ERP) systems. It defines ERP as software that integrates business functions across an enterprise, discusses the history and evolution of ERP from separate systems in the 1960s-1980s to integrated ERP in the 1990s, and outlines the main components or modules of a typical ERP system, including accounting, human resources, manufacturing, project management, customer relationship management, and supply chain management. The document also covers ERP implementation options, vendors, advantages, disadvantages, examples of successful implementations, and reasons why ERP projects fail.
The document discusses future directions for enterprise resource planning (ERP) software. It outlines how ERP vendors are expanding into new markets and channels by offering lower-cost versions of their software. It also describes faster implementation methodologies being developed, such as SAP's ASAP program, to reduce implementation times. The document further discusses efforts to web-enable software using Java, integrate with technologies like data warehousing and business intelligence tools, and expand into specialized industry segments.
This document discusses how ERP systems integrate business functions and processes across different functional areas like marketing, supply chain, accounting, and human resources. It provides examples of common business functions and processes within each area. For instance, marketing functions include sales and identifying customer needs, while supply chain functions involve purchasing, manufacturing, and inventory management. The document also explains that ERP processes consist of interdependent steps that span multiple functional areas to transform inputs into outputs. A customer order process is provided as an example of a cross-functional business process in ERP.
What is an ERP system? This guide explains what an ERP system is and how it works for your business.
Two primary concerns of any business are efficiency and profitability. This is basically what an ERP system is designed to optimize.
An ERP system allows you to perform the necessary money-making processes of your business as efficiently as possible.
To achieve a level of efficiency and profitability, a business aims to maximize it’s bottom line while keeping overhead costs low.
An ERP system provides a business with management software that fosters productivity.
The term “ERP” stands for Enterprise Resource Planning.
Basically, an ERP system is a shared database that reflects the moving parts of a company. This provides a much broader, top-down perspective of your business.
Installing an ERP system will grant you a much fuller picture of what is actually going on, in any given period of time.
Some processes in which you can gain some business insights include: sales, human resources, inventory, purchasing, finances, online ordering and many more buckets.
The main objective of an ERP system is to improve how your business resources are spent, and that means money and time. By taking a wide-view, and analyzing every aspect of your business, you will be able to decide if you are properly deploying your resources in a way that will drive maximum profitability.
Enterprise Resource Planning Unit 4 post implementation on ERPGanesha Pandian
An ERP system implementation requires continuous improvement and learning as technology advances. While companies treat ERP implementations as projects, the benefits are realized after go-live when staff use the new system. Successful ERP efforts require employee training, ongoing maintenance through upgrades and troubleshooting, and changes to business processes. Key challenges include resistance to change, lack of management support, unrealistic timelines and expectations.
An ERP system attempts to integrate all functions of a company into a single computer system. It provides an integrated database and customized reports. ERP systems standardize operations, reduce costs, and integrate financial and customer information across the enterprise. Implementing an ERP system involves multiple phases including planning, analysis, installation, testing, and operations. Challenges include organizational changes, costs, and resistance to change.
The document traces the evolution of enterprise resource planning (ERP) systems from the 1960s to the present. It discusses early inventory management systems and the development of materials requirements planning (MRP) in the 1970s. MRP evolved into manufacturing resource planning (MRP II) in the 1980s which integrated additional business functions. In the 1990s, MRP II became known as ERP as it covered more of a company's business enterprise. The document outlines continued trends like expanded ERP capabilities and the emergence of ERP II systems to enable greater inter-organizational collaboration. Next generation ERP is shifting to cloud-based systems that provide real-time access to data across organizations.
The document discusses Enterprise Resource Planning (ERP) systems. ERP systems integrate various business functions like manufacturing, sales, inventory, accounting etc into a single system. The document outlines the evolution of ERP from earlier software packages, describes the components and benefits of ERP systems like improved efficiency and information integration. It also discusses challenges in ERP implementation like costs, timelines and resistance to change.
This document discusses how ERP systems and e-business are integrated. It states that e-business has changed the definition of enterprise systems by pushing ERP from internal processes to the network edge and extending ERP capabilities to enable B2B and B2C transactions. The document outlines how e-business focuses on efficiently integrating external, cross-enterprise processes and opens doors to new strategic opportunities by making ERP systems more outward facing and transparent. It provides examples of how e-business integrates supply chain processes and the technologies involved.
This document provides an overview of enterprise resource planning (ERP) systems. It discusses key ERP modules like finance, human resources, supply chain management, and manufacturing. It also outlines advantages of ERP systems like end-to-end visibility, planning and reporting, and data security. Challenges of ERP implementation include finding the right software, gaining management commitment, and providing adequate training. Trends in ERP highlighted are more user-friendly interfaces, increased mobility, greater integration between systems, and demand for cloud-based solutions.
Strategic information systems are created in response to business initiatives to provide a competitive advantage. They are systems that are developed based on corporate business needs and opportunities. Strategic information systems link business and computer strategies by developing new systems enabled by emerging technologies that can quickly gain competitive advantage.
Management Information System (Full Notes)Harish Chand
This document provides a summary of key topics related to Management Information Systems (MIS). It discusses the importance of information systems for businesses and defines different types of systems, including Transaction Processing Systems, Knowledge Work Systems, Management Information Systems, and Decision Support Systems. It also outlines some of the challenges of implementing effective information systems, such as realizing digital transformation and addressing globalization.
discuss about System system analysis, system design, system analyst's role, Development of System through analysis, SDLC, Case Tools of SAD, Implementation, etc.
The document discusses the modules that make up an Enterprise Resource Planning (ERP) system. It describes the main ERP modules as production planning, purchasing, inventory control, sales, marketing, finance, and human resources. Each ERP module mimics a major functional area of an organization and aims to consolidate departments and functions into a single system. The document provides details on the purpose and functions of the main production planning, purchasing, inventory control, sales, finance, and human resources modules.
This document provides an overview of the 3-tier data warehouse architecture. It discusses the three tiers: the bottom tier contains the data warehouse server which fetches relevant data from various data sources and loads it into the data warehouse using backend tools for extraction, cleaning, transformation and loading. The bottom tier also contains the data marts and metadata repository. The middle tier contains the OLAP server which presents multidimensional data to users from the data warehouse and data marts. The top tier contains the front-end tools like query, reporting and analysis tools that allow users to access and analyze the data.
A transaction processing system (TPS) collects, stores, modifies, and retrieves business transaction data. TPS are designed to efficiently process high volumes of routine transactions like reservations, payments, and account processing. Transactions represent business activities like orders, payments, and invoices. Early systems like SABRE processed thousands of transactions daily. For a system to qualify as a TPS, transactions must pass the ACID test ensuring atomicity, consistency, isolation, and durability. Key features of TPS include rapid response, continuous availability, data integrity, and ease of use.
This document outlines the key phases of an ERP implementation life cycle. It discusses the pre-evaluation screening phase where companies search for the best ERP solution. It also describes the important package evaluation and project planning phases. Key implementation phases discussed include gap analysis, reengineering, configuration, testing, training, and going live. The final post-implementation phase focuses on ongoing maintenance and upgrades once the initial implementation is complete. Effective end user training is also emphasized as critical to the long-term success of the ERP system.
ERP Implementation Challenges and Package SelectionUsman Tariq
ERP implementations have a nasty reputation for being challenging.
These challenges can lead to your ERP implementation project taking too much time and being over budget.
The result can be you being left with an underperforming solution. Or, you avoiding implementation of an ERP at all costs.
While the challenges are real, they shouldn’t stop you from implementing one.
The document discusses some limitations of ERP systems, including inability to generate custom reports without programmer help, providing only current status rather than trends, and lack of integration with external data sources. It then introduces several related technologies - like business process reengineering, management information systems, decision support systems, executive information systems, data warehousing, data mining, online analytical processing, and supply chain management - that can help overcome ERP limitations when used together with an ERP package.
CHP-3ERP and Related Technologies(1).pptTusharChahar3
The document discusses several technologies that can help overcome limitations of standalone ERP systems. It describes Business Process Reengineering (BPR) which helps integrate business processes and achieve improvements. It also discusses Management Information Systems (MIS), Decision Support Systems (DSS), Executive Information Systems (EIS), Data Warehousing, Data Mining, Online Analytical Processing (OLAP), and Supply Chain Management (SCM) - providing definitions and how each helps address ERP limitations such as inability to generate custom reports, only providing current status, and data not being integrated across systems.
1.Managers cannot generate custom reports or queries without the help from a programmer and this inhibits them from obtaining information quickly, which is essential for making a competitive advantage
1) An enterprise resource planning (ERP) system integrates core business functions like finance, operations, and HR to automate processes and share information across departments. ERP is now essential for businesses to operate efficiently and make data-driven decisions.
2) Implementing an ERP system comes with high risks of failure if not done properly. Key steps include designating project leaders, selecting an ERP package that fits the organization, and preparing employees for changes.
3) When successfully implemented, ERP provides benefits like improved data accuracy, reduced costs, and greater flexibility to adapt to changes. Related technologies like business intelligence can enhance ERP's benefits.
Business intelligence (BI) is the process of gathering, storing, and analyzing data to help organizations make better business decisions. BI technologies convert data into useful information, information into knowledge, and knowledge into plans to guide an organization. BI provides a single point of access to timely information and insights to support decision making across all departments. It helps analyze changing trends in areas like market share, customer behavior, and competitor actions to guide strategic adjustments. Effective BI requires defining relevant data sources, extracting and transforming data, loading it into a data warehouse, analyzing it, and presenting insights through dashboards, reports, and alerts.
MBA 5401, Management Information Systems 1 Course Le.docxandreecapon
MBA 5401, Management Information Systems 1
Course Learning Outcomes for Unit III
Upon completion of this unit, students should be able to:
1. Explain the concepts and applications of Enterprise Resource Planning (ERP)
systems.
2. Explain the critical concepts of distributed systems and client/server systems,
including the role of middleware and the distinction between two-tier and
three-tier client/server systems.
3. Describe seven major types of organizational systems in use today.
4. Explain the concept of knowledge management and how it is implemented in
an organization.
5. Describe ten major types of managerial support systems in use today.
6. Differentiate the types of managerial support systems, and how they relate to
the enterprise systems.
Unit Lesson
Just What is ERP?
To answer this question, it helps to look back and consider how companies managed
before enterprise resource planning (ERP). Companies consist of a number of
functions that each work together to earn a profit. These include the creation of a
product, (Research and Development (R&D), the production of a product
(manufacturing), locating clients and offering the product for sale (Sales and
Marketing), shipping the product (warehouse functions), and finally, taking money and
accounting for the sale (Finance and Accounting). Prior to the advent of computer
systems in business, each function carried out their respective jobs on paper, and kept
detailed records in journals, file folders, and filing systems. As the technology became
available, some of these paper functions became computerized in order to make them
more efficient. However, computerization did not solve the fundamental problem of the
paper organization—the difficulty of sharing data.
In a paper organization, accounting kept the books in accounting journals, sales and
marketing made notes of contacts in pocket planners and wrote paper reports—or
perhaps even sent and received faxes. R&D kept records in engineering notebooks,
and finally, the warehouse function kept files and records of incoming and outgoing
transactions. ERP was a response to the problem of the intra-organizational sharing of
Reading
Assignment
Chapter 5:
Enterprise Systems
Chapter 6:
Managerial Support
Systems
Key Terms
1. Batch processing
2. Data mining
3. Data warehousing
4. Decision support
system (DSS)
5. Enterprise resource
planning (ERP)
6. Enterprise systems
7. Executive support
system (EIS)
8. Group support
system (GSS)
9. Groupware
10. Intranet
11. Managerial support
systems
12. Material requirements
planning (MRP)
13. Online processing
UNIT III STUDY GUIDE
Enterprise and Support Systems
MBA 5401, Management Information Systems 2
data that previously resided in a function so that companies could become more
focused and competitive. However, ERP was not born in a day—rather, it started in ...
Enterprise Resource Planning (ERP) systems integrate core business processes like procurement, production, sales, and distribution across an organization. ERP combines databases from different departments into a single database accessible to all employees. It automates tasks to support business processes. Major ERP vendors include SAP, Oracle, and Microsoft. While ERP implementation provides benefits like improved integration and access to information, it also involves high costs, risks, and a long implementation time of 1-3 years.
Information systems are combinations of hardware, software, and networks that organizations use to collect, create, and distribute useful data. They help process and manage data, monitor performance, and support decision making. Information systems are central to virtually every organization and provide users with resources like Wi-Fi networks, database search services, and printers. They consist of hardware, software, data, knowledge, and telecommunications components. Data analytics uses specialized software to explore large volumes of data and provide insights to help organizations grow customer bases, improve efficiency, and detect fraud. Common types of information systems include transaction processing, office automation, decision support, and executive information systems.
This document provides an introduction and overview of enterprise resource planning (ERP) systems and related technologies. It begins by defining ERP and describing its purpose of integrating key business processes. It then discusses the evolution of ERP from earlier systems like MRP and MRP II. Common myths about ERP implementations are addressed. Key ERP modules like finance, HR, and production planning are outlined. Related technologies such as business process reengineering, supply chain management, and data mining are also introduced. The document poses questions and provides answers on topics including decision support systems, enterprise information systems, ERP drivers and benefits, and the typical lifecycle of an ERP implementation project.
This document provides an introduction and overview of enterprise resource planning (ERP) systems and related technologies. It begins by defining ERP and describing its purpose of integrating key business processes. It then discusses the evolution of ERP from earlier systems like MRP and MRP II. Common myths about ERP implementations are addressed. Key ERP modules like finance, HR, and production planning are outlined. Related technologies such as business process reengineering, supply chain management, and data mining are also introduced. The document poses questions and provides answers on topics including decision support systems, enterprise information systems, ERP drivers and benefits, and the typical lifecycle of an ERP implementation project.
Top 7 Benefits Enterprise Resource Planning | Enterprise WiredEnterprise Wired
This blog dives deep into the world of Enterprise Resource Planning, exploring its functionalities, benefits, types, and key considerations for implementation.
What is Business intelligence
Core Capabilities of Business Intelligence
Elements of Business Intelligence
Why Companies opt for Business Intelligence
Benefits of Business Intelligence
User of Business Intelligence
Reports of Business Intelligence
Business Application in Extended Enterprise
Business Analytics
Golden Rules for Business Intelligence
5 Stages of Business Intelligence
An ERP system is a fully integrated business management software that aims to facilitate the flow of information between different departments within an organization. The document traces the evolution of ERP systems from earlier inventory control packages and MRP systems of the 1960s-1980s. It describes the key characteristics and modules of an ERP including finance, accounting, sales, marketing, production and human resources. The benefits of ERP implementation are also summarized as operational efficiencies, improved management decision making, and strategic and organizational advantages. Finally, some common disadvantages of ERP projects like time and cost are outlined along with approaches to overcome them.
1. The document discusses rational decision making and business intelligence. It defines rational decision making as selecting the optimal alternative based on analyzing past data and considering various performance criteria.
2. It describes the typical cycle of a business intelligence analysis as involving defining objectives, generating insights from data analysis, making decisions based on insights, and evaluating performance.
3. Key components of business intelligence architectures are data sources, data warehouses/marts for storing and processing data, and business intelligence tools for generating insights and supporting decision making.
An Enterprise Resource Planning (ERP) system integrates core business processes like finance, supply chain, production and human resources into a single system. ERP has evolved from earlier systems like MRP and MRPII. Key reasons for companies to implement ERP include integrating financial and customer order information, standardizing processes, and reducing inventory levels. ERP provides benefits such as improved cost control, faster response to customers, and standardized HR processes. Successful ERP implementation requires careful planning including deciding whether to customize the system or follow its standard processes and whether to use an in-house or outsourced team.
This document provides a literature review on ERP systems and implementation. It discusses the evolution of ERP from earlier systems like MRP and MRPII. Key benefits of ERP include integrated data and processes across departments, improved decision making with real-time data, increased efficiency, and flexibility. However, ERP implementation also carries risks such as high costs and delays. The document reviews factors related to successful ERP implementation from an organizational and project management perspective.
This document provides an introduction to business process reengineering (BPR) and enterprise resource planning (ERP). It defines BPR as fundamentally rethinking and redesigning business processes to achieve dramatic improvements in areas like cost, quality and speed. The objectives of BPR include reducing costs and time, improving customer service and reinventing business rules. ERP software aims to integrate all departments and functions across a company onto a single system. It discusses the benefits of ERP including lower costs and better data access, as well as challenges such as high implementation costs and potential inflexibility.
The document discusses end user computing (EUC) and its management within organizations. It defines EUC as application development done by end users rather than trained IT professionals. Key points include motivations for EUC like fast changing requirements, tools used like spreadsheets and databases, the role of information centers in providing support, and both pros and cons like relieving developer shortages but also risks to requirements and quality.
1. Top of FormResource Project Systems Acquisition Plan Gradi.docxambersalomon88660
1.
Top of Form
Resource: Project Systems Acquisition Plan Grading Guide
Resources:
· Baltzan, P., and Phillips, A. (2015). Business Driven Information Systems (5th ed).
· Week 3 articles and videos
· It is recommended students search the Internet for a Systems Acquisition Plan template.
Scenario: You are an entrepreneur in the process of researching a business development idea. As you create a high-level Information Technology (IT) strategy for your new enterprise, it is important to consider the acquisition of IT resources. A Systems Acquisition Plan will guide the process of identifying enterprise technology needs and acquiring appropriate information systems in the context of your goal to incorporate business driven IT. The Systems Acquisition Plan is intended to describe a high-level process for acquiring and maintaining IT systems. The Systems Acquisition Plan is a working document, which is expected to change over time as new project details emerge.
Create a high-level Project Systems Acquisition Plan for your project in a minimum of 1,050 words that includes the following information:
· A description and justification of the specific systems design and development approach (SDLC, RAD, Spiral, outsourcing, etc.) the enterprise will employ
· A summary of the steps in the systems acquisition process including initiation, analysis, design, acquisition, and maintenance
· A high-level overview of who will participate in each step of the systems acquisition process
Cite a minimum of 3 peer-reviewed references from the University of Phoenix Library.
Format consistent with APA guidelines.
Submit your assignment.
Resources
· Center for Writing Excellence
· Reference and Citation Generator
· Grammar and Writing Guides
· Learning Team Toolkit
2
CHAPTER
Decisions and Processes: Value Driven Business
CHAPTER OUTLINE
SECTION 2.1
Decision Support Systems
SECTION 2.2
Business Processes
Making Organizational Business Decisions
Measuring Organizational Business Decisions
Using MIS to Make Business Decisions
Using AI to Make Business Decisions
Managing Business Processes
Using MIS to Improve Business Processes
What’s in IT for me?
Working faster and smarter has become a necessity for companies. A firm’s value chain is directly affected by how well it designs and coordinates its business processes. Business processes offer competitive advantages if they enable a firm to lower operating costs, differentiate, or compete in a niche market. They can also be huge burdens if they are outdated, which impedes operations, efficiency, and effectiveness. Thus, the ability of management information systems to improve business processes is a key advantage.
The goal of Chapter 2 is to provide an overview of specific MIS tools managers can use to support the strategies discussed in Chapter 1. After reading this chapter, you, the business student, should have detailed knowledge of the types of information systems that exist to support decision making and business .
Synopsis on inventory_management_systemDivya Baghel
This document provides a synopsis for an inventory management system created in VB.NET. It discusses the existing manual inventory system and proposes developing a computerized system. The proposed system would track inventory levels and transactions. It describes the system requirements, feasibility analysis, and modules to be included. The main objectives are to maintain appropriate inventory levels to avoid excess or shortage, and to make the system user-friendly, secure, and fast.
● Distributed Database Management Systems Advantages and Disadvantages.
● Characteristics of Distributed Database Management Systems.
● Levels of Data and Process Distribution.
● Distributed Database Transparency Features.
● Transaction Performance and Failure Transparency.
This document provides an overview of data modeling concepts. It discusses the importance of data modeling, the basic building blocks of data models including entities, attributes, and relationships. It also covers different types of data models such as conceptual, logical, and physical models. The document discusses relational and non-relational data models as well as emerging models like object-oriented, XML, and big data models. Business rules and their role in database design are also summarized.
● Why Databases?
● Why Database Design is Important?
● The Database System Environment and Functions.
● Managing the Database System: A Shift in Focus.
This document discusses how the Internet of Things (IoT) and 5G networks will improve next-generation healthcare through smart healthcare platforms. It outlines key aspects of IoT like sensing technologies, connectivity, and challenges around privacy and security. It then describes how an IoT-enabled smart healthcare platform could utilize IoT cloud services, multiple handler nodes, and secure 5G networks to synthesize healthcare information and address security issues. The document concludes by asking if there are any questions.
Data Science is a field where we apply 'science' to available 'data' in order to get the 'patterns' or 'insights' which can help a business to optimize operations or improvise decisions.
Data Models [DATABASE SYSTEMS: Design, Implementation, and Management]Usman Tariq
In this PPT, you will learn:
• About data modeling and why data models are important
• About the basic data-modeling building blocks
• What business rules are and how they influence database design
• How the major data models evolved
• About emerging alternative data models and the needs they fulfill
• How data models can be classified by their level of abstraction
Author: Carlos Coronel | Steven Morris
In this PPT, you will learn:
• The difference between data and information
• What a database is, the various types of databases, and why they are valuable assets for
decision making
• The importance of database design
• How modern databases evolved from file systems
• About flaws in file system data management
• The main components of the database system
• The main functions of a database management system (DBMS)
E-marketing is a process of planning and executing the conception, distribution, promotion, and pricing of products and services in a computerized, networked environment, such as the Internet and the World Wide Web, to facilitate exchanges and satisfy customer demands.
ERP modules and business software packageUsman Tariq
1. The document discusses several key modules that are typically included in ERP systems, including finance, human resources, manufacturing, material management, sales and marketing, and quality management.
2. ERP systems help management plan resources more efficiently by integrating different functional modules like finance, HR, manufacturing, and supply chain management.
3. Key ERP modules manage finances, human resources, manufacturing, procurement, and quality to provide end-to-end visibility and optimize business processes across the enterprise.
Discuss overall trends in Internet access, usage, and purchasing around the world.
Define emerging economies and explain the vital role of information technology in economic development.
Outline how e-marketers apply market similarity and analyze online purchase and payment behaviors in planning market entry opportunities.
Deploying an enterprise resource planning (ERP) system is an expensive proposition, not just in terms of licensing and maintenance, but in terms of dedicated resources and time. The implementation of ERP systems has helped small and mid-sized companies, significantly improve their business metrics by process optimization, improving the entire supply chain process, better inventory control, better reporting to take decisions, integration across functionalities and increasing transparency across the company. Purchase department can see the sales department data, Sales department can see inventory data, and top management can see any data on a click of single button.
Customer Relationship Management (CRM) is a strategy for managing all your company’s relationships and interactions with customers and potential customers. It helps you stay connected to them, streamline processes and improve your profitability.
More commonly, when people talk about CRM they are usually referring to a CRM system, a tool which helps with contact management, sales management, productivity and more.
Customer Relationship Management enables you to focus on your organization’s relationships with individual people – whether those are customers, service users, colleagues or suppliers. CRM is not just for sales. Some of the biggest gains in productivity can come from moving beyond CRM as a sales and marketing tool and embedding it in your business – from HR to customer services and supply-chain management.
The document outlines the seven steps of an e-marketing plan:
1. Situation analysis involves reviewing environmental factors and conducting a SWOT analysis.
2. E-marketing strategic planning uncovers opportunities to formulate objectives and determine strategies through analyses.
3. Objectives specify tasks, measurable quantities, and timeframes to increase metrics like sales, market share, and customer relationships.
4. E-marketing strategies relate to the marketing mix and relationships to achieve objectives.
5. The implementation plan details tactics from the marketing mix and relationships to accomplish objectives.
6. The budget identifies expected returns to calculate costs, benefits, and ROI for marketing investments.
7. The evaluation plan establishes tracking systems to continuously
Strategic E-Marketing and Performance MetricsUsman Tariq
E-marketing means using digital technologies such as websites, mobile devices and social networking to help reach your customers, create awareness of your brand and sell your goods or services. The basics of marketing remain the same - creating a strategy to deliver the right messages to the right people.
Here are potential responses to the review questions:
1. What are the key risks of an ERP implementation project?
- Scope creep and changing requirements
- Inadequate integration infrastructure
- Impossible timelines and schedules
- Staff turnover
- Lack of change management procedures
- Inexperience of staff and management
- Resistance to new business processes
- Issues with a new integration platform
- Insufficient testing
2. What are some common disadvantages of ERP systems?
- High costs of implementation and customization
- Lengthy implementation timelines (1-3 years)
- Difficulty balancing customization needs vs flexibility
- Delay in realizing ROI and cost savings
- Need for extensive
E-Marketing (past, present, and future)Usman Tariq
This chapter discusses the past, present, and future of e-marketing. It distinguishes between e-business, e-commerce, and e-marketing. E-business optimizes a company's activities using digital technology, while e-commerce focuses on online transactions. E-marketing applies information technology to traditional marketing. The chapter also identifies trends that may shape the future of e-marketing, such as increasing transparency and the development of the semantic web.
Physiology and chemistry of skin and pigmentation, hairs, scalp, lips and nail, Cleansing cream, Lotions, Face powders, Face packs, Lipsticks, Bath products, soaps and baby product,
Preparation and standardization of the following : Tonic, Bleaches, Dentifrices and Mouth washes & Tooth Pastes, Cosmetics for Nails.
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Find out more about ISO training and certification services
Training: ISO/IEC 27001 Information Security Management System - EN | PECB
ISO/IEC 42001 Artificial Intelligence Management System - EN | PECB
General Data Protection Regulation (GDPR) - Training Courses - EN | PECB
Webinars: https://pecb.com/webinars
Article: https://pecb.com/article
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This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
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How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
2. 2
LIMITATIONS OF THE ERP SYSTEM
The ERP system has 3 significant limitations:
1.Managers cannot generate custom reports or queries
without the help from a programmer and this inhibits them from
obtaining information quickly, which is essential for making a
competitive advantage.
2.ERP systems provide current status only, such as open
orders. Managers often need to look past status to find trends
and patterns that aid better decision-making.
3.The data in the ERP application is not integrated with other
enterprise or division systems and does not include external
intelligence.
3. 3
There are many technologies that help to overcome these limitations.
These technologies when used in conjunction with the ERP package, help
in overcoming the limitations of a stand-alone ERP system and thus help
the employees to make better decisions.
Some of these technologies are:
1. BUSINESS PROCESS RE-ENGINEERING (BPR)
2. DATA WAREHOUSING & Data Marts
3. DATA MINING
4. ON-LINE ANALYTICAL PROCESSING (OLAP)
5. PRODUCT LIFE CYCLE MANAGEMENT (PLC)
6. SUPPLY CHAIN MANAGEMENT(SCM)
7. CUSTOMER RELATIONSHIP MANAGEMENT
8. GEOGRAPHICAL INFORMATION SYSTEMS
9. INTRANETS AND EXTRANETS
10. ELECTRONIC DATA INTERCHANGE (EDI)
11. ELECTRONIC FUNDS TRANSFER (EFT)
12. CRYPTOGRAPHY
4. 4
BUSINESS PROCESS RE-ENGINEERING (BPR)
DEFINITION :
Dr. Michael Hammer defines BPR as “the fundamental
rethinking and radical redesign of business processes to
achieve dramatic improvements in critical, contemporary
measures of performance such as cost, quality, services
and speed.”
One of the main tools for making this change is the
Information Technology (IT).
Any BPR effort that fails to understand the importance of IT,
and goes through the pre-BPR analysis and planning
phases without considering the various IT options available,
and the effort of the proposed IT solutions on the employees
and the organization is bound to crash during take off.
5. Business Process Reengineering Steps
Step #1: Identity and Communicating the Need for
Change
Risk of Failure: Not Getting Buy-In From The Company
Step #2: Put Together a Team of Experts
Risk of Failure: Not Putting The Right Team Together
Step #3: Find the Inefficient Processes and Define Key
Performance Indicators (KPI)
Risk of Failure: Inability to Properly Analyze Processes
Step #4: Reengineer the processes and Compare KPIs
5
6. How you fix: BPR is the answer
1. excessive exchange of information, redundant
data, multiple entries;
2. Long delivery times, huge stocks, buffer and
other reserves;
3. a great deal of control in comparison with
appreciation;
4. much extra work to make up/iterations and
5. a high complexity, i.e. a great amount of
exception rules/special cases.
6
7. 7
ADVANTAGES OF BPR
1. It helps in integrating the various business processes
of the organization.
2. With good ERP package, the organization will be able to
achieve dramatic improvements in areas such as cost,
quality, speed, etc.
Hence, many BPR initiatives are used in ERP
implementation.
8. 8
DATA WAREHOUSING
1. If operational data is kept in the database of
the ERP system, it can create a lot of
problems.
2. As time passes, the amount of data will
increase and this will affect the performance of
the ERP system.
3. However once the operational use of the data
is over, it should be removed from the
operational databases.
Data Mart: The data mart is a subset of the
data warehouse and is usually oriented to a
specific business line or team. Whereas data
warehouses have an enterprise-wide depth,
the information in data marts pertains to a
single department.
10. 10
IMPORTANCE OF DATA WAREHOUSING
The primary concept of the data warehousing is
that the data stored for the business analysis
can be accessed most effectively by
separating it from the data in operational
systems.
The most important reason for separating data for
business analysis, from the operational data, has
always been the potential performance
degradation on the operational system that can
result from the analysis processes.
High performance and quick response time is
almost universally critical for operational system.
11. 11
DATA MINING
DEFINITION: Data mining is the process of identifying
valid, novel, potentially useful and ultimately
comprehensible information from databases that is used to
make crucial business decisions.
The main reason for needing automated computer systems for
intelligent data analysis is the enormous volume of existing and
newly appearing data that require processing.
13. Data mining is all about
organizing and interpreting data.
You’ll see data points that may include:
1. What time they visited your site
2. What device they used to access your site
3. Which pages they visited
4. Which items they put into their shopping cart
5. Which items they purchased together
6. Whether they compared items
7. How often they come back to your site
13
14. 14
Example: When potential homeowners come in to request a mortgage, they have
to give the bank lots of information, including:
•Current income
•Employment status
•Savings-to-debt ratio
•Credit score
16. 16
The amount of data accumulated each day by various
businesses, scientific and governmental organizations around
the world is daunting.
Research organizations, academic institutions and
commercial organizations create and store huge amounts of
data each day.
It becomes impossible for human analysts to cope with such
overwhelming amounts of data.
Two other problems that surface when human analysts
process data are:
i. The inadequacy of the human brain when searching for
complex multi-factorial dependencies in the data.
ii. The lack of objectiveness in analyzing the data
17. 17
ADVANTAGES: Data Mining
A human expert is always a hostage of the
previous experience of the investigating other
system.
Sometimes this helps, sometimes this hurts, but
it is almost impossible to get rid of this fact.
While data mining does not eliminate human
participation in solving the task completely, it
significantly simplifies the job and allows an
analyst, who is not a professional in statistics
and programming to manage the process of
extracting knowledge from data.
18. 18
ON-LINE ANALYTICAL PROCESSING (OLAP)
Fast : means that the system is targeted to deliver most
responses to users within about 5 seconds, with the simplest
analysis not taking more than one second and very few taking
more than 20 seconds.
Analysis: means that the system can cope with any business
logic and statistical analysis that is relevant for the application
and the user, and keep it easy enough for the target user.
Shared: means that the system implements all the security
requirements for confidentiality and if multiple write access is
needed, concurrent update locking at an appropriate level.
Multi-dimensional: means that the system must provide a
multi-dimensional conceptual view of the data, including full
support for hierarchies and multiple hierarchies.
Information: is refined data that is accurate, timely and
relevant to the user.
DEFINITION
OLAP can be defined in five words – Fast Analysis of Shared Multi-dimensional
Information.
19. 19
Importance
OLAP technology is being used in an increasingly wide
range of applications.
The most common are sales and marketing analysis,
financial reporting and consolidation and budgeting and
planning.
OLAP is being used for applications such as product
profitability and pricing analysis; activity based coating;
manpower planning and quality analysis or for that
matter any management system that requires a flexible,
top down view of an organization.
20. PRODUCT LIFE CYCLE MANAGEMENT (PLM)
In industry, product lifecycle management (PLM) is the
process of managing the entire lifecycle of a product
from inception, through engineering design and
manufacture, to service and disposal of manufactured
products.
20
22. ERP and PLM support different business needs.
The capabilities of each system:
22
PLM: The system of record for your
product
ERP: The system of record for your
financials
Bill of materials (BOM) management Purchasing
Item management Inventory management
Change management (ECR, ECO, ECN) Order management
Document management Accounting
Compliance management
Establishing your manufacturing process with an effective PLM
system before integrating with a compatible ERP system will
minimize organizational inefficiencies and transition costs as
well as optimize the capabilities of each system across the
entire organization.
23. 23
SUPPLY CHAIN MANAGEMENT(SCM)
1. Supply chains exist in both service and manufacturing
organizations, although the complexity of the chain may
vary greatly from industry to industry and firm to firm.
2. Traditionally, marketing, distribution, planning,
manufacturing and the purchasing organizations along the
supply chain operated independently.
DEFINITION:
A supply chain is a network of facilities and distribution
options that performs the function of procurement of materials,
transformation of these materials into intermediate and
finished products and the distribution of these finished
products to the customers.
24. 24
3. These organizations have their own objectives
which are often conflicting.
4. There is a need for a mechanism through which
these different functions can be integrated
together.
5. Supply chain management is a strategy through
which such integration can be achieved.
SUPPLY CHAIN MANAGEMENT (Cont.)
25. GEOGRAPHICAL INFORMATION
SYSTEMS (GIS)
A Geographic Information System (GIS
Software) is designed to store, retrieve,
manage, display, and analyze all types of
geographic and spatial data.
25
29. INTRANETS AND EXTRANETS
An intranet is a network where employees
can create content, communicate,
collaborate, get stuff done, and develop
the company culture.
An extranet is like an intranet, but also
provides controlled access to authorized
customers, vendors, partners, or others
outside the company. 29
33. Benefits of Intranet
Communicate within the business: both top-down and bottom-up by
distributing news and announcements, providing feedback and
sharing information
Manage documents and business information: intranets offer a
centralized location to host, search and access vital business
content
Facilitate common business processes: through use of workflow and
forms, an intranet can enable users to self-serve for many common
business processes, such as booking holidays or reclaiming
expenses
Enable collaboration: functionality such as team areas, forums,
blogs and social tools can support employees to work together
effectively, regardless of their department or location
Support strategic business objectives: these may span improved
employee engagement and morale, embedding a business culture,
increasing staff retention or encouraging better productivity and
efficiency 33
35. ELECTRONIC DATA
INTERCHANGE (EDI)
Electronic Data Interchange (EDI) is the
computer-to-computer exchange of
business documents in a standard
electronic format between business
partners.
35
39. EDI Benefits
EDI can speed up your business cycles by 61%.
Exchange transactions in minutes instead of the days or
weeks of wait time from the postal service
Improves data quality, delivering at least a 30—40%
reduction in transactions with errors—eliminating errors
from illegible handwriting, lost faxes/mail and keying and
re-keying errors
Using EDI can reduce the order-to-cash cycle time by
more than 20%, improving business partner transactions
and relationships
39
40. Electronic Fund Transfer
Electronic funds transfer (EFT) are electronic transfer of
money from one bank account to another, either within a
single financial institution or across multiple institutions,
via computer-based systems, without the direct
intervention of bank staff.
40
41. EFTs include, but are not limited to:
automated teller machine (ATM) transfers;
direct deposit payment or withdrawals of funds initiated by the
payer;
direct debit payments for which a business debits the
consumer's bank accounts for payment for goods or services;
transfers initiated by telephone;
transfers resulting from credit or debit card transactions, whether
or not initiated through an payment terminal.
wire transfer via an international banking network such as
SWIFT;
electronic bill payment in online banking, which may be delivered
by EFT or paper check;
transactions involving stored value of electronic money, possibly
in a private currency;
instant payment.
41
42. Cryptography
Cryptography is a method of protecting
information and communications through
the use of codes so that only those for
whom the information is intended can read
and process it.."
42
43. Modern cryptography concerns itself with
the following four objectives:
Confidentiality: the information cannot be understood by
anyone for whom it was unintended
Integrity: the information cannot be altered in storage or
transit between sender and intended receiver without the
alteration being detected
Non-repudiation: the creator/sender of the information
cannot deny at a later stage his or her intentions in the
creation or transmission of the information
Authentication: the sender and receiver can confirm
each other's identity and the origin/destination of the
information
43