BP 10

ERP
enterprise resource planning,integrates all departments and functions throughout an organization into a single IT system (or integrated set of IT systems) so that employees can make enterprisewide decisions by viewing enerprisewide information on all business operations
core ERP component
traditional component include in most ERP systems and they primarily focus on internal operations
extended ERP component
extra components that meet the organizational needs not covered by the core components and primarily focus on external operations
accounting and finance
core ERP components
production ERP components
core ERP components
human resource
core ERP components
business intelligence
extended ERP components
customer relationship management
extended ERP components
supply chain management
extended ERP components
e-business
extended ERP components
what is ERP
the integration of business processes that optimize functions across the enterprise
3 common core ERP components
accounting an finance, production and materials management, human resource
accounting and finance component
manages accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management
production and materials management component
handles the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control
human resource component
tracks employee information including payroll, benefits, compensation, performance assessment, and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities
extended ERP components include
business intelligence, CRM, SCM, e-business
e-logistics
manages the transportation and storage of goods
e-procurement
the business to business (B2B) purchase and sale of supplies and services over the internet
ERP benefits and risks (costs)
software cost, consulting fees, process rework, customization, integration and testing, training, data warehouse integration and data conversion
lines between SCM, CRM, and ERP will continue to blur
internet, interface, wireless technology
internet
continue to help organizations integrate data and process across functional departments
interface
customizable employee browsers
wireless technology
support a mobile workforce
determines if you go live
data conversions
determines how your first week goes
interface
determines how you first month goes
training