chapter 10 Flashcards
Transaction Processing Systems (TPS)
- source data automation
- batch processing
- online transaction processing (OLTP)
Characteristics of TPS
- Continuous “real-time” data collection
- Efficiently handles high volumes of data and large variations in those volumes
- Maintains privacy and security
How transaction processing systems manage data
- business event or transaction
transactions processing system
detailed report
organizations database
Functional Area Information Systems (FAIS)
Information Systems for Accounting and Finance
- Information Systems for Marketing
- Information Systems for Production/Operations
Management - Information Systems for Human Resource Management
- Reports
Information Systems for Accounting and
Finance
Financial planning and budgeting
-Managing financial transactions
-Investment management
- Control and auditing
Information Systems for Production/
Operations Management
- In-house logistics and materials management
-In-house logistics and materials management
Information Systems for Human
Resource Management
-Recruitment
- Human resources development
- Human resources planning and management
Reports
routine reports
Enterprise Resource Planning (ERP) Systems
- ERP II Systems
- Benefits and Limitations of ERP Systems
- Implementing ERP Systems
- Enterprise Application Integration (EAI)
ERP 11 Systems
interorganizational ERP systems that
provide Web-enabled links among a company’s key
business system and its customers, suppliers, distributors,
and other relevant parties
Major Benefits of ERP systems
- Improved organizational flexibility and agility
- Provides decision support
- Improved business processes for increased quality and
efficiency
Limitations of ERP
Implementations
Such practices are not the “best” for every company and may result in loss of competitive advantage
ERP systems can be complex, expensive, and time- consuming to implement
supply chain management (SCM) and customer management (CRM) processes
SCM and CRM help multiple firms in an industry coordinate activities such as the production to sale of goods and services
