Benefits of erp system - Study guides, Class notes & Summaries

CIS 301 Enterprise Resource Planning Systems,ERP IT Chap 1~4/ 7/ 8/ 12/ ERP MIS Ch 8/ CRM/ OM 19 MRP~Revised Q&A 2024 Key benefits of ERP -integrated system reduction in working capital -data on users' needs -ability to manage extended enterprise of suppliers, alliances, and customers as an integrated whole drawbacks of ERP expensive, difficult to implement, need consultants SAP Systems, Applications and Products Key Risks - user acceptance -budget and schedule overrun...

ISDS 351 Final exam studyguide with Complete Solutions Chapter 8 - Correct Answer ️️ -Default Goal of ERP system - Correct Answer ️️ -goal is to enable easy access to business data & create efficient, streamlined work processes how is goal of ERP system achieved - Correct Answer ️️ -achieved by building one single database that is accessed by multiple software modules ----provide support for key business functions for diff areas of an organization ERP databases (3): - Correct...

1st Generation ERP - Enterprise Resource Planning. - These were interface software's that managed routine activities These were also designed for internal purposes only, not to support supply chain 2nd Generation ERP - Enterprise Resource Planning. - These were designed to help with the decision-making processes necessary to manage company supply chains. Basically, answering the question of whether to do business with a supplier or customer with the ERP software answering the question of ...

Zipcar is developing competitive advantage by - correct answer enhancing a product or service through information systems information systems can affect competitive advantage by making the primary and support activities in an organization - correct answer more productive than those of competititors The Grand & Toy example shows how information systems supporting their professional services helps to - correct answer ...

OMIS 320 Exam 1 Question and answers verified to pass OMIS 320 Exam 1 Supply Chain management - correct answer the integration of key business processes regarding the flow of materials from raw material suppliers to final customers Foundations of SCM - correct answer Supply management- supplier management, supplier evaluation, supplier certification, strategic partnerships Operations-Demand managment, MRP, ERP, inventory visibility, JIT (AKA lena production & Toyota production syste...

Customer Relationship Management (CRM) - Answer-Involves managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability CRM Communication Channels - Answer-Text message Instant message Voice mail Voice call Email letter Web order Phone order Meeting Customer service call Twitter Facebook Operational CRM - Answer-Operational CRM - supports traditional transactional processing for day-today front...

Business Value of IT, BI & Data Mining, Google, Database Exam Questions And Answers ( Verified And Updated ) What basic functions should an ERP system provide to an educational institution? - answer1. HR module 2. Student information system (SIS) 3. Finance system What are the major problems in ERP implementation in educational industry in general and what are the unique problems for the San Diego City Schools (SDCS) in particular? - answerGENERAL EDUCATION INDUSTRY 1. Limited budgets ...

A payroll spreadsheet is an example of - Answer-Information A financial consultant can use a(n) ________ to help his/her clients select investment choices and make informed financial decisions. DSS TPS EIS MIS - Answer-DSS True or false. Major threats to information systems facilities vary by region and can include floods, hurricanes, terrorism, power outages, and earthquakes. - Answer-True True or false. Hardware, software, data, and networks make up information systems. - Answer-FALSE...

AIS Final Exam vibez Questions 100% Solved What does ERP Stand for? What is ERP? - answer- Enterprise Resource Planning - a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations 2 Key Advantages of using an ERP (computerized system instead of paper-based) - answer1. Improved efficiency: journal entries are automatically recorded due to the use of rea...

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% SOLVED. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap W...