Mis test 2 part 1

2. Make a clear and extensive list of requirements before you start looking at vendors.

"Begin by carefully defining the scope of your project,"

6. Think before you customize.

"Consider the amount of customization required to configure and deploy," "Highly customized systems will generate higher cost, not only in the initial deployment but when upgrading from release to release,"

5. Get references.

"First and foremost, when shopping for an ERP solution provider, ask the vendor for at least three references," Then "ask the customers what went right, what went wrong and what they might have done differently. If a vendor can't provide at least three verifiable, happy customers, they may not have the experience you need."

1. Get upper management support.

"Focus on specific business processes and system requirements. The more specific you can be upfront, the more detailed your vendors can be in their proposals." "If you get one thing right, make it the up-front requirements gathering process," the solution: "Find an ERP system that is industry-specific, with tools and features designed to solve your business requirements. The ROI and long-term benefits of a good fitting system are extensive."

significant time, energy, and money

"One of the most common mistakes made by companies during ERP implementation is spending _______,________,&__________ selecting the right software and implementation partners, only to assign their own 'B' team to the program,"

4. Carefully evaluate your options before selecting your ERP system.

"Poorly run and ill-defined evaluation projects can lead to poor implementations," choose an ERP solution that "allows users to be productive on smartphones and tablets." Yet at the same time will ensure that sensitive information is secure.

3. Don't forget mobile users.

As mobility and BYOD increase across industries, accessing ERP systems from desktops only is no longer an option,"

ERP

At its most basic level, _______ software integrates these various functions into one complete system to streamline processes and information across the entire organization.

Transactional database Management portal/dashboard

Components Transactional database Management portal/dashboard

An integrated system that operates in (or near) real time without relying on periodic updates[citation needed] A common database that supports all applications A consistent look and feel across modules Installation of the system with elaborate application/data integration by the Information Technology (IT) department, provided the implementation is not done in small steps[

ERP (Enterprise Resource Planning) systems typically include the following characteristics:

Enterprise Resource Planning

ERP is an acronym for ______ ________ ________

synchronized; manually merged

ERP software also offers some degree of _________reporting and automation. Instead of forcing employees to maintain separate databases and spreadsheets that have to be ______ _______ to generate reports, some ERP solutions allow staff to pull reports from one system.

Database integration—

ERP systems connect to plant floor data sources through staging tables in a database. Plant floor systems deposit the necessary information into the database. The ERP system reads the information in the table. The benefit of staging is that ERP vendors do not need to master the complexities of equipment integration. Connectivity becomes the responsibility of the systems integrator.

Direct integration—

ERP systems have connectivity (communications to plant floor equipment) as part of their product offering. This requires that the vendors offer specific support for the plant floor equipment their customers operate. ERP vendors must be experts in their own products and connectivity to other vendor products, including those of their competitors.

resources; business commitments;

ERP systems track business _______—cash, raw materials, production capacity—and the status of ________ __________ : orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data.[1] ERP facilitates information flow between all business functions, and manages connections to outside stakeholders.[2]

9. Provide the necessary time and resources for training on the ERP system.

Furthermore, it's important to "recognize that the most effective training may not come from outside sources. Tech-savvy employees within departments can be given the opportunity for more in-depth instruction to become expert resources for their fellow employees," he explains. "Having a readily available support contact within an operational group reduces the 'us vs. them' dynamic that can poison the implementation process."

Custom-integration solutions—

Many system integrator offer custom solutions. These systems tend to have the highest level of initial integration cost, and can have a higher long term maintenance and reliability costs. Long term costs can be minimized through careful system testing and thorough documentation. Custom-integrated solutions typically run on workstation or server-class computers.

7. Factor in change management.

Organizational change management is pivotal to the success of your project,"

Shared database; business units

The central feature of all ERP systems is a_____ _______ that supports multiple functions used by different _____ _____.In practice, this means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs.

Sales forecasting, which allows inventory optimization. Chronological history of every transaction through relevant data compilation in every area of operation. Order tracking, from acceptance through fulfillment Revenue tracking, from invoice through cash receipt Matching purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced)

The fundamental advantage of ERP is that integrated myriad business processes saves time and expense. Management can make decisions faster and with fewer errors. Data becomes visible across the organization. Tasks that benefit from this integration include:

Enterprise appliance transaction modules (EATM)—

These devices communicate directly with plant floor equipment and with the ERP system via methods supported by the ERP system. EATM can employ a staging table, web services, or system-specific program interfaces (APIs). An EATM offers the benefit of being an off-the-shelf solution.

cloud; Accurate info; faster; eliminate

When you add up these advantages, the value of ERP—particularly _____ERP—is clear. With an ERP solution, employees have access to ______ _______that enables them to make better decisions _______. Not only that, but ERP software helps to _______redundant processes and systems, dramatically lowering the cost of doing business overall.

Enterprise resource planning (ERP)

________________________ is a category of business-management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities, including: product planning, purchase manufacturing or service delivery marketing and sales inventory management shipping and payment

Sofware as a Servies; affordable, implent and manage real time reporting and BI

mid-size companies are now rapidly adopting ERP systems. ______ __ __ _______solutions—also referred to as "cloud computing"—have helped fuel this growth. Cloud-based solutions not only make ERP software more ________, they also make these systems easier to _______and ________. Perhaps even more importantly, cloud ERP enables ______ ______ _____ & ________, making them even valuable to executives and staff seeking visibility into the business.

8. Appoint an internal ERP product champion -- and surround him or her with good people.

select someone within the organization, who knows or is comfortable managing software systems, to serve as the project manager," he advises. "This person will be responsible for "collecting all the end user requirements, learning the new system inside and out, working with the vendor on data conversion, coordinating training and acting as the point of contact for all employees."

Business intelligence(BI) sales force automation(SFA)

today, ERP has expanded to encompass ______ _______while also handling "front-office" functions such as ______ _______ ______, marketing automation and ecommerce. With these product advancements and the success stories coming out of these systems, companies in a broad range of industries—from wholesale distribution to ecommerce—use ERP solutions.