Exam 2
BCIS 6391
Sandhya Gudapati
Answer the following questions.
1. Explain the issues in supply chain system selection in terms of total cost of ownership as described by in the textbook.
Solution: TCO is very significant factor in SCM software . issues are categorized as follows.
1. Issues in customization
Every business process application requires customization at some point of time, since technology in market is changing rapidly. These cost are called expenses of customization and are major cost in any SCM software
2. Platforms:
Organizations need good computer platforms to cope up with latest SCM software’s so the computer platforms also has to be upgraded frequently.
3. Cost of system integration:
If the company buys control
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IMPLEMENTATION ISSUES:
ERP system makes the entire data of the organization available all across the enterprise transparently. An erp system enhances the core business process of the organization, accelerates the transactions with workflow, makes the information available transparently all across the organization.
An ERP system improves the market of organization and the customer’s satisfactions with the use of different data mining techniques.
ERP systems can improve the flexibility of the organization and can adapt the changing market situations continuously.
INSTALLATION RISK:
The installation risk can be managed by following the following steps.
1. Finding potential points or risks.
2. Analysis of these potentials points to determine the risk they might cause.
3. Assessing the probability for risk occurrence.
4. Prioritization of the risks detected.
5. Actions needed to mitigate those risks has to be taken.
3. Discuss the following current events in enterprise systems as emphasized in the textbook: training, upgrades, and add-ons.
Solution: Training:
In supply chain management a training is a important concept for organization. Training is a critical part in an organization where it drives for successful implementation in organization. Some of the manager’s will under estimate the training period. At
Enterprise resource Planning (ERP) is any integrated cross-functional software that reengineers manufacturing, distribution, finance, human resources and other basic business processes of a company to improve its efficiency, agility and profitability.1 On an initial view, an ERP system appears to be the cure for any company’s issues. The installation of such a system offers an organization the opportunity to re-structure their procedures, to coordinate branches’ systems in other geographic locations, unify information and inspire employees via granting them permission to company information. Now these chances exist at heightened costs financially. There are also implementation horrors and labor issues with which must be dealt with. A
Today Enterprise Resource Planning (ERP) is extensively adopted by many organizations regardless of kind and size, mainly because it provides enterprise-wide view of information across all their business operations and help organizations achieve consistency across all their functional departments. The potential benefits of ERP system implementation include improved coordination across functional areas, increased efficiency, reduced operational costs, rapid access to information for decision making, managerial control and support for strategic planning.
In general, ERP systems are designed to standardize information entry and create data storage for information sharing across the organization. There are numerous advantages of ERP but skeptics argued on the fact that these advantages can be also achieved by simplification and lean production methods. IT systems could be effective and reliable in the long run but at the same time there is an uncertainty about whether it will align with the concerned business process. For instance, the ERP system implemented at the Korey plant to replace MRP system failed. Though it met the requirements of individual unit and enabled employees with wide range of
Adoption of an ERP system enables an organization to eliminate dozens or even hundreds of separate systems and replace them with a single, integrated set of applications for the entire enterprise.
Making decision of what to select between “best of breed” and Enterprise Resource Planning (ERP) systems are never easy. There are many controversy or chaos issues surrounds this thought and debate. Which one is better? What factors need to be considered? This paper will address the difference between “best of breed” and ERP System that needs to be considered, such as the definition, advantages and disadvantages each of them.
ERP (Enterprise Resource Planning) implementation is regarded as complex, cumbersome and costly, and, very often, it exceeds the initial estimated resources. The process involves a thorough examination of the business processes in the organisation; selection of the best available software solution that matches the requirements of the enterprise; configuration of the selected systems;, training of staff; and customisation of the selected software solutions including
ERP builds the level of correspondence in the association in this manner prompting better proficiency of the work. It additionally expands profitability, which wouldn 't have been conceivable with a non-ERP firm where every one of the divisions utilizes their own PC framework and keeps up their own particular database, which is not open to different offices. Yet, with ERP every one of the offices can work in concordance with each other. Today manager 's undertaking is made parcel simpler with the presentation of ERP programming. There is low chance of any error in an association where ERP is introduced. For administrators it empowers abnormal state basic leadership capacity, which they can make easily, and more clarity. It likewise enhances the client experience and keeps up great association with the clients.
Enterprise Resources Planning (ERP) is the core system of any company. In order to facilitate all departments in a manner to improve issues, there are a few things that must be meet to successfully utilize a software system such as ERP. This allows any member within the company to access a single and centralized data source with information regarding products, services, customers and suppliers (Sadrzadehrafiei, Chofreh, Hosseini, & Sulaiman, 2013). The ability to share and access one software benefits the company to improve in areas such as sales and marketing, customer satisfaction, human resources, operations, and more. In addition, business intelligence tools such as ERP systems provide the techniques and solutions managers need to analyze and understand complex business situations, and simplify decision making processes that is of crucial importance during times of financial and economic crisis (Antoniadis, Tsiakiris, & Tsopogloy, S. 2015). This paper explores the definition and functions of an ERP system and the successes and costs of implementation.
This report is the analysis and commendation of Pete’s business and how and where ERP system can be implemented to reduce the business complications. The company with 113 outlets and multiple sales channels, supplies both homegrown and off-the-shelf system to its customers. With 1,500 grocery stores, corporate offices, a website, and delivery trucks, the company was able to increase its revenue by 23% over a year which is remarkable. However, the outdated system which used to handle core business functions such as financial, order management, inventory management, fulfillment procurement and manufacturing was unable to cope with the ever growing business demand, which in result was effecting both the sales and
JBL Global Distilleries as a company runs various systems providing varied application and services for each of their functional area which include CRMs, PCMs and AFM. It has considered the need for an Enterprise Resource Planning (ERP) system to meet up with the following interest:
described the ERP system as packaged (but customisable) software applications, which manage data from various organizational activities and provide a fully integrated solution to major organizational data management problems. They provide for both the core administrative functions, such as human resource management and accounting, as well as integrated modules which can be selected to support key business processes, such as warehousing, production and client management.
The enterprise resource planning (ERP) systems are also used in healthcare industry to optimize the operational and strategic capabilities. Some of
Most ERP projects are undertaken in order to reduce costs, improve efficiency of daily operations, improve access to financial information, and move away from outdated, inefficient systems with a lot of manual processes, double entries and cumbersome approval processes.
In present era, Information systems existence is unavoidable in all working environment. Information system is globally recognized & widely accepted as a basic necessity for running successful business. Kim et.al (2007), Information Technology plays an important business tool in modern era to attain competitive advantage for the organization as well as improving employee’s efficiency and productivity. Enterprise Resource Planning system shortly known as ERP system is one of the primary information systems used in various industries to run their business operations. ERP attained various industry attentions due to its cross functional integration, business process reengineering, real time reporting and many other useful functionalities and capabilities. Initially, ERP system was predominantly implemented in large enterprises due to its high implementation cost and implementation time consuming. For the past few decades, SME’s businesses environment are rapidly changing in order to stay more competitive in fast paced competitive market. Organizations want to upgrade their business communications, business and employee capabilities and business process automation to latest technologies. During the last few decades, large number of small & medium size enterprises started implementing ERP systems to stay competitive in global market. Amoako (2007) and Kemp et al (2008) explains the usage of ERP system in different business divisions. From
Constantly changing business environment and the complexity of SCM process control and supervision has pushed managers in different spheres of activities broadly use IT for making SCM easier and more efficient. According to the research held by Mishra R.K. (2004), special types of software for SCM are being invented, created and implemented by the largest and successful companies and Science: