ADMS 2511 Final: Everything you need to know

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Document Summary

Avoid errors, downtime, record results accurately and securely, maintain privacy and security. Used in accounting and financing: financial planning and budgeting, managing transactions, investment management, control and auditing. Used in productivity/operations management: in-house logistics and material management, planning production and operations (mrp, computer-integrated manufacturing, product life cycle management. Used in hrm: recruitment, hr maintenance and development, hr planning and management, payroll and employee"s records, bene ts administration, employee relationship management (erm) Reports: routine, on demand, drill-down, key-indicator, comparative, exception. Analyses data and creates statistical models of customer behaviour, their relationships over time, as well as forecasts about acquiring, retaining and losing customers. On-demand crm - hosted by an external vendor. Marketing: purchasing pro le, cross selling, up selling. Tasks: reduce the costs, improve quality, compress cycle time, eliminate paper processing, make the transfer and processing of information easier. Three ows in supply chains: material flows, information flows, financial flows.