ACC 442 Lecture Notes - Lecture 4: Material Requirements Planning, Business Process, Data Integration
ERP system
business systems that integrate and streamline data across the company into one complete system that
supports the needs of the entire enterprise , built upon relational database systems
legacy systems
older, standalone system, (replace them)
cross-functional
supporting the information requirements of more than one functional area
process-centered
application enables a clear, complete, logical, and precise view of the organization's business processes,
or how it does its vital work
business process
collection of activities that together add value
module
groups of related programs performing a major function within the system
core erp
financials, human capital management (HCM), & logistics
back office systems
used to integrate "back office" functionality, ex acc, finance, purchasing
extended erp
considered part of the broader erp system, (SCM) (CRM)
application controls
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programmed controls in the ERP software that maintain the accuracy, reliability, completeness, security,
and privacy of the data
best practice
business process that is generally recognized as more effective and/or efficient than others in a
particular industry
vertical (industry) solutions
specific versions of ERP vendor software
change agents
help minimize people issues during and after implementation (change mgmt)
change management
systematic approach to dealing with change, from the perspective of both an organization and the
individual
material requirements planning (MRP) systems
software that manufacturing companies use to plan production and calculate more precisely what
materials they require, at what time, and in what quantities. generates schedules for production
operations and the raw material purchases needed based on finished goods requirements
MRP II Systems
solutions that provide an integrated method of operational and financial planning for manufacturing
companies
Tier 1 ERP Vendors
sell ERP solutions to large, multinational corporations with more than 1000 employees and revenues
greater than $1 billion, Oracle, SAP, Microsoft AX
Small to medium sized enterprises (SMEs)
targeted by tier 2 & tier 3 vendors
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Document Summary
Mrp ii systems solutions that provide an integrated method of operational and financial planning for manufacturing companies. Tier 1 erp vendors sell erp solutions to large, multinational corporations with more than 1000 employees and revenues greater than billion, oracle, sap, microsoft ax. Small to medium sized enterprises (smes) targeted by tier 2 & tier 3 vendors. A best practice is a business process that is generally recognized as more effective and/or efficient than others in a particular industry true. Erp systems evolved from customer relationship management systems. false. A business process is a collection of activities that together add value to the company. true. Erp systems are sold in_____________, or groups of related programs performing a major function within the system, such as accounting or manufacturing. modules. Erp software for a particular industry is known as a (n) ____________________ vertical/industry solution.
