CCT225H5 Lecture Notes - Lecture 12: Enterprise Resource Planning, Demand Forecasting, Production Planning
19 Apr 2019
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12. 1 describe the role information plays in enterprise resource planning systems: erp: integrates all departments and functions throughout an organization into a single. It system (or integrated set of systems) so that employees can make enterprise wide decisions by viewing enterprise-wide information on all business operations. 12. 3 discuss the current technologies organizations are integrating in erp systems: measuring erp costs, erp systems contain multiple complex components that are 30494 to purchase and implement, for example: Polaroid: disruptive technology: a new way of doing things that initially does not meet the needs of existing customers, sustaining technology: produces an improved product that customers are eager to buy. 13. 2 describe ebusiness and its advantages: global reach, real-time information, longer hours of operation. Improved content: opening new markets, mass customization: the ability of an organization to tailor its products or services to the customers" specifications, e. g.
