Lecture 2 Flashcards
The concept of ERP had its beginning in _________ _______ _________. Which later evolved into ________ _____ ______.
materials requirements planning (MRP) ; manufacturing resource planning (MRP II)
The primary business system installed in tens of thousands of manufacturing companies
MRP
MRP:
- Introduced in the ______
- _______ approach to planning and obtaining the required materials for manufacturing/production
- Uses _______ as the main source for input and processing
1970s; computerized; mainframe
In the 1980s MRP expanded to plant and personnel planning and ditribution planning which in turn became _______
MRP II
MRP II:
- uses _______ but in conjunction with _______ to input and access information.
- split into _____ & ______
- mainframes ; LAN
- COMMS ; ERP
Define ERP
software that places its focus on integrating an organizations departments and functions onto a single integrated computer system that aims to serve all those different departmental needs
ERP System Characteristics: 1) 2) 3) 4) 5)
1) Standardizes processes
2) Reduces costs of production and inventory
3) Improves customer services
4) Materials management
5) Resource planning
SAP was first to develop in 1972 a ____ specific sofftware and applications
ERP
SAP:
Systems applications, and products in data processing
Software:
1) SAP R/2 :
2) SAP R/3:
1) mainframe version
2) Client/server version
SAP R/3 is designed to satisfy the information needs for all business sizes (international to local) and is multi-______ and multi-______.
lingual ; currency
SAP R/3 enables a company to link its ____________ ________.
business processes
SAP R/3 runs in a ____-____ environment and is _____ and flexible.
real time ; scalable
R/3 Modules:
1)
2)
3)
1) financials
2) human resources
3) logistics
Financial (FI) Modules
- financial accounting
- controlling
- enterprise controlling
- investment management
- treasury
