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Cnit 344 Exam 1 Exam Questions And Answers With Verified Solutions Already Passed
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Cnit 344 Exam 1 Exam Questions And Answers With Verified Solutions Already Passed
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Cnit 344 Exam 1 Exam Questions AndAnswers With Verified Solutions Already
Passed!!!
Customer - ANSWER✔✔Who is buying from you
Vendor - ANSWER✔✔Who you are buying from
Purchaser/Buyer - ANSWER✔✔Your representative who buys from the vendor
Cost - ANSWER✔✔What you pay for an item
Price - ANSWER✔✔What your customer pays for an item
Purchase Order - ANSWER✔✔How you buy from the vendor
Sales Order - ANSWER✔✔How your customer buys from you
5 S's - ANSWER✔✔Source
Stock
Store
Sell
Ship
*involved in all distribution operations
Support Services - ANSWER✔✔Information technology - ERP/CRM
HR Management - "People"
Finance Management - "Money"
Transportation - "Move Things"
ERP System - ANSWER✔✔*business process* management *software* that
allows an organization to use a system of *integrated* applications to manage the
business and automate many *back office* functions related to technology,
services and human resources
Glue that binds or integrates computer systems
, ERP Capabilities - ANSWER✔✔Order Processing
Pricing
Inventory Control
Sales Analysis
General Ledger
Accounts Receivable
Accounts Payable
Truck Routing
Transfers
Receiving
Purchasing
Inventory Management
Product Catalog - ANSWER✔✔Pricing Information
In-Stock & Special Order Items
Cost Information
ERP Tracks - ANSWER✔✔Products
Salesforce
Customers
Vendors
Financials
Provides Analytics for decisions
ERP Advantages - ANSWER✔✔Improves Operational efficiency
Reduces costs & increases profit
Helps with both customer & Inventory stratification
Provides Analytics
Still requires people to make it work
Item Master - ANSWER✔✔Answers:
What is it?
Where is it?
Where did it come from?
Tells customers what I have to sell
Tells employees what I can sell
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