Busn Final Exam Flashcards
ch 9-12
what is the solution to information silos
Enterprise Systems
disadvantages of what ?
hinder communication, performance, and integration
silos
ERP system benefits are what?
designed to integrate processes by consolidation data.
- provides real-time data
- facilitates communications and interactions b.w functional areas.
ERP attributes are what (3)
integration; business processes
centralized database: a single source of truth
process automation: automates routine tasks
how does erp play a role in process automation?
by streamlining and automating various business processes within an org.
ERP landscapes (3)
- on-premise (data storage and IT)
- cloud (co-efficient, access, collab)
- hybrid (adaptable)
ERP landscapes focus on
Finances, customer, internal, and growth perspectives
CORE of ERP (3)
central ACCOUNTING
MASTER data management
PROCESS INSTALLATION
central accounting
central finance
enables compliance, reporting and real-time insights
master data management
streamlines workflows and reduces redundancies
process instantlaiton
automates workflow
resource optimization
extended erp system 3
vendor relationship management
customer relationship management
supply chain management
Future of ERP (7)
- Blockchain for transparance and trust
- ai-powered intelligent ERP
- sustainability and Green Erp
- cybersecurity as priorotiy
- enhanced user interfaces
- edge computing integration
- extended ecosystems and cloud integration
GBI example: ERP
sales - CRM module
purchasing - extendedERP module (vendor, supplier)
warehouseL vendor,supply chain
GBI SAP PROJECT
WHAT DOES PURSHACING DEPT MAKE?
purchase requisition
quotation
purchase order