cts115 Ch 12

ERP systems in the future will focus on usability, ubiquity, accessibility, and mobility drawing many advantages including:

-drive cost efficiencies -faster time to market -better enable mobile workforce. -better leverage data to provide insights. -new product development.

Extended ERP Components include

1. Business Intelligence 2. Customer Relationship Management 3. Supply Chain Management 4. E-Business. The original focus of ERP systems was the internal organization. In other words, ERP systems are not fundamentally ready for the external world of e-business. The newest and most exciting extended ERP components are the e-business components e-logistics and e-procurement.

List the following in order of the phases of ERP growth, with the first phase at the top.

1. ERP 2. Extended ERP 3. ERP-II

common erp benefits

1. Integrate financial information, 2. Integrate customer order information, 3. Standardize and speed up manufacturing process, 4. Reduce inventory, 5. Standardize human resource information

integrations between scm, crm, and erp application.

Data points where SCM, CRM, and ERP integrate.

ERP automates business processes

ERP systems automate business processes. For example, when one department finishes with the order, it is automatically routed via ERP system to the next department. To determine where an order is at any point in time, a user only needs to login to the ERP system and track it down.

Extended ERP component

Extra components that meet the organizational needs not covered by the core components and primarily focus on external operations.

Production and Materials Management Components

Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control.

Accounting and Finance Components

Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.

E-Business Components (E-Logistics)

Manages the transportation and storage of goods.

Integration Tools

Many companies purchase modules from an ERP vendor, an SCM vendor, and a CRM vendor and must integrate the different modules together.

E-Business

Means conducting business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners.

Enterprise Application Integration (EAI) Middleware

Packages together commonly used functionality which reduced the time necessary to develop solutions that integrate applications from multiple vendors.

What handles production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control?

Production and materials management ERP components

SCM, CRM, and ERP

SCM, CRM,and ERP are the backbone of e-business. Integration of these applications is the key to success for many companies. Integration allows the unlocking of information to make it available to any user, anywhere, anytime.

Middleware

Several different types of software which sit in the middle of and provide connectivity between two or more software applications.

E-Business Components (E-Procurement)

The business-to-business (B2B) purchase and sale of supplies and services over the Internet.

Enterprise Resource Planning (ERP)

The heart of an ERP system is a central database that collects info from and feeds info into all the ERP system's individual application components (call modules), supporting diverse business functions such as accounting, manufacturing, marketing, and HR.

Core ERP Components

Three most common ERP components: 1. Accounting and Finance, 2. Production and Material Management 3. Human Resource

ERP process flow

To determine where an order is at any point in time, a user only needs to login to the ERP system and track it down.

Human Resource Components

Track employee information including payroll, benefits, compensation, performance assessment, and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities.

Core ERP component

Traditional components included in most ERP systems and they primarily focus on internal operations.

the evolution of erp

Where ERP started and where it is headed.

ERP Integration Data Flow

automates business processes such as order fulfillment-taking an order from a customer, shipping the purchase, and then billing for it.

Human resource ERP __________ track employee information including payroll, benefits, compensation, and performance assessment and ensure compliance with all laws.

component

What are the traditional components included in most ERP systems and primarily focus on internal operations?

core ERP components

ERP venders by tier

displays an overview of ERP vendors by business size.

ERP Implementation choices

displays the 3 primary ERP implementation choices driving the next generation of business operations.

Software customization examples

displays the different forms of software customization a business will undertake to ensure the success of an ERP implementation.

Organizational integration of ERP

displays the important factors driving the future of ERP.

What are the extra components that meet organizational needs not covered by the core components and primarily focus on external operations?

extended ERP components

primary users and business benefits of strategic initiatives.

general audience and purpose of SCM, CRM, and ERP.

On-premise systems

include a server at a physical location using an internal network for internal access and firewalls for remote users' access.

Legacy system

is an old system that is fast approaching or beyond the end of its useful life within an organization.

hybrid ERP

is to split the ERP functions between an on-premises ERP system and one or more functions handled as Software as a Service (SaaS) in the cloud.

Core ERP Components and Extended ERP Components

provides an example of an ERP system with its core and extended components.

Cloud ERP - Cloud computing

stores, manages, and processes data and applications over the internet rather than on a personal computer or server.

ERP costs

the primary risk for an ERP implementation includes the associated costs display in fig. 12.11