TPS Flashcards
What is a Transaction Processing System (TPS)?
A system that records business events, generating data stored in a database (e.g., sales, services).
What are the main functions of TPS?
Real-time data collection Handles high data volumes efficiently Ensures data accuracy and security
What is Batch Processing in TPS?
Data is collected in batches and processed periodically (e.g., nightly).
What is Online Transaction Processing (OLTP)?
Processes data in real-time, instantly updating related records as transactions occur.
What is the purpose of Functional Area Information Systems (FAIS)?
Supports business functions like accounting, marketing, production, and HR.
Name examples of FAIS modules and their functions.
Accounting IS: Handles budgeting and investment HR IS: Manages payroll and benefits
What is Enterprise Resource Planning (ERP)?
Integrates organizational resources and operations using a common database and platform.
What are core ERP modules and their functions?
Financial Management: Manages financial data Operations Management: Oversees production HR Management: Manages payroll and benefits
What is Material Requirements Planning (MRP)?
A 1960s system for inventory control and production scheduling.
How did MRP-II evolve ERP in the 1980s?
Added labor and cash flow management to resource planning.
What is a major difference between FAIS and ERP?
FAIS is department-specific with no integration, while ERP centralizes data for the entire organization.
What happens without ERP in order fulfillment?
Manual data transfer across departments leads to delays and errors.
What are the benefits of using ERP in order fulfillment?
Real-time updates enable smooth processing and better customer tracking.
What are the approaches to on-premise ERP implementation?
Vanilla (minimal customization) Custom (tailored features) Best-of-Breed (mixed modules)
What are advantages of SaaS (Cloud-Based ERP)?
Lower costs and scalability
What are disadvantages of SaaS ERP?
Security risks and dependence on internet availability
What are key benefits of ERP?
Flexibility and agility Real-time decision support Increased quality and efficiency
What are the limitations of ERP best practices?
ERP best practices may not align with unique organizational processes.
What are the main risks of ERP implementation?
High costs and time Potential for failure (e.g., FoxMeyer Drugs case)
Explain the difference between batch processing and OLTP.
Batch processing processes data periodically OLTP updates data in real-time as transactions occur.
List core ERP modules and their primary functions.
Financial Management, Operations Management, and HR Management.
What are some limitations of adopting ERP best practices?
Standardized practices may not fit unique organizational needs.
Describe the process of order fulfillment with and without ERP.
Without ERP: Manual, error-prone With ERP: Real-time updates and smooth tracking
Discuss the advantages and disadvantages of SaaS ERP.
Advantages: Lower costs, scalability Disadvantages: Security issues, internet dependence
