Other
MNP3702 ASSIGNMENT 2 SEMESTER 1 2024
- Course
- Institution
MNP3702 ASSIGNMENT 2 SEMESTER 1 2024
[Show more]
2 reviews
By: melvismoloi • 7 months ago
By: tatendamuzavazi • 7 months ago
Thank you for review. For further assistance conduct the provided details
By: nonzamegongxeka • 7 months ago
By: tatendamuzavazi • 7 months ago
thank you fir rview...for further assistance kindly conduct the provided details
Seller
Follow
tatendamuzavazi
Reviews received
Content preview
muzavazi47@gmail.com MNP3702 ASS 2 2024 0717513144DISCLAIMER
The MNP3702 ASSIGNMENT 2 2024 SEMESTER 1 GUIDE IS A PRODUCT OF
INTERNAL AND EXTERNAL RESEARCH THAT INCLUDES THE STUDY GUIDE,
PRESCRIBED TEXTBOOK, AND OTHER AUTHENTIC SOURCES.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
, muzavazi47@gmail.com MNP3702 ASS 2 2024 0717513144
QUESTION
As an expert in the supply chain, write an essay on how Enterprise Resource
Planning Systems (ERP) can integrate inventory management systems with
internal operations with a common software platform and centralised database
system and discuss how that can improve the organizations' performance in a
developing country like South Africa
Introduction
Enterprise Resource Planning (ERP) systems play a crucial role in integrating
inventory management systems with internal operations within organizations
(Cozzolino, 2017). By providing a common software platform and centralized database
system, ERP systems offer numerous benefits that can significantly improve
organizational performance, especially in developing countries like South Africa.
Integration of Inventory Management Systems with Internal Operations
ERP systems facilitate the seamless integration of inventory management systems
with internal operations by consolidating data and processes across various
departments (Sople, 2017). This integration enables real-time visibility into inventory
levels, demand forecasting, and procurement needs, allowing for better coordination
between production, sales, and distribution functions. Additionally, ERP systems
streamline inventory tracking, order fulfillment, and warehouse management, leading
to improved accuracy, efficiency, and cost savings.
Common Software Platform and Centralized Database System
The use of a common software platform and centralized database system in ERP
allows for standardized processes and data management across the organization.
This standardization eliminates data silos and inconsistencies, enabling accurate and
timely decision-making (Venter & Botha, 2022). Furthermore, a centralized database
ensures that all departments have access to the same up-to-date information,
promoting collaboration and reducing the risk of errors associated with disparate
systems.
Improving Organizational Performance in South Africa
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.18. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now