Podcast
Questions and Answers
Which phase is NOT typically part of the ERP Implementation life cycle?
Which phase is NOT typically part of the ERP Implementation life cycle?
- Gap-Analysis
- Going Live
- Post-implementation Review (correct)
- Configuration
What is the primary focus of the ERP Financial module?
What is the primary focus of the ERP Financial module?
- Coordinating marketing campaigns
- Overseeing financial transactions and reporting (correct)
- Managing employee performance
- Handling procurement processes
Which module directly supports customer relations and sales processes within ERP systems?
Which module directly supports customer relations and sales processes within ERP systems?
- ERP Sales Module (correct)
- ERP Marketing Module
- ERP HR Module
- ERP Inventory Control Module
During which phase of ERP implementation do organizations assess the differences between their current processes and the capabilities of the ERP system?
During which phase of ERP implementation do organizations assess the differences between their current processes and the capabilities of the ERP system?
Which of the following is a common failure factor in ERP implementation?
Which of the following is a common failure factor in ERP implementation?
What aspect of ERP deals specifically with the transition of data from legacy systems?
What aspect of ERP deals specifically with the transition of data from legacy systems?
Which emerging trend in ERP emphasizes the integration of flexible IT infrastructure to manage business processes?
Which emerging trend in ERP emphasizes the integration of flexible IT infrastructure to manage business processes?
What is the primary focus when organizing around outcomes in BPM?
What is the primary focus when organizing around outcomes in BPM?
Which step in the BPM process involves the continuous evaluation and adjustment of processes?
Which step in the BPM process involves the continuous evaluation and adjustment of processes?
What is a potential consequence of automating a flawed process in BPM?
What is a potential consequence of automating a flawed process in BPM?
What fundamental principle should guide the improvement of processes in BPM?
What fundamental principle should guide the improvement of processes in BPM?
What role does the Common Warehouse Metamodel (CWM) play in data management?
What role does the Common Warehouse Metamodel (CWM) play in data management?
What is the primary focus of Material Requirement Planning (MRP) systems?
What is the primary focus of Material Requirement Planning (MRP) systems?
Which aspect is NOT typically considered in MRP II systems?
Which aspect is NOT typically considered in MRP II systems?
What is the relationship between Bill of Materials (BOM) and MRP?
What is the relationship between Bill of Materials (BOM) and MRP?
In the context of bicycle manufacturing, which component poses a significant planning challenge?
In the context of bicycle manufacturing, which component poses a significant planning challenge?
What enhancement does MRP II provide over traditional MRP systems?
What enhancement does MRP II provide over traditional MRP systems?
What does MRP address within the manufacturing process?
What does MRP address within the manufacturing process?
Which conclusion can be drawn about the complexity of material planning in large manufacturing plants?
Which conclusion can be drawn about the complexity of material planning in large manufacturing plants?
What indicates the need for MRP systems in manufacturing?
What indicates the need for MRP systems in manufacturing?
Which of the following most accurately describes a key function of MRP?
Which of the following most accurately describes a key function of MRP?
What has increased the necessity for tighter integration between manufacturing and marketing information systems?
What has increased the necessity for tighter integration between manufacturing and marketing information systems?
Which challenge has NOT contributed to the integration of accounting and finance functions with manufacturing systems?
Which challenge has NOT contributed to the integration of accounting and finance functions with manufacturing systems?
What was a significant factor that made outsourcing viable even in high-tech industries?
What was a significant factor that made outsourcing viable even in high-tech industries?
What is considered a primary advantage of ERP systems?
What is considered a primary advantage of ERP systems?
Why was it deemed nearly impossible to integrate individual modules of information systems?
Why was it deemed nearly impossible to integrate individual modules of information systems?
What does the balance sheet need to account for in a global market?
What does the balance sheet need to account for in a global market?
What drove the need for an Enterprise Information System beyond just the manufacturing function?
What drove the need for an Enterprise Information System beyond just the manufacturing function?
Which of the following is NOT a benefit of ERP systems?
Which of the following is NOT a benefit of ERP systems?
What is a consequence of manufacturing flexibility in the market?
What is a consequence of manufacturing flexibility in the market?
What factor has complicated the landscape of modern accounting?
What factor has complicated the landscape of modern accounting?
What aspect of vendor evaluation is critical for global ERP rollouts?
What aspect of vendor evaluation is critical for global ERP rollouts?
Which of the following is NOT a concern when selecting an ERP vendor?
Which of the following is NOT a concern when selecting an ERP vendor?
What is necessary when selecting internal resources for an ERP project?
What is necessary when selecting internal resources for an ERP project?
What is a significant reason for the failure of ERP projects?
What is a significant reason for the failure of ERP projects?
Which statement accurately reflects the importance of top management input in ERP selection?
Which statement accurately reflects the importance of top management input in ERP selection?
What should companies evaluate regarding vendor staff in subsidiary countries?
What should companies evaluate regarding vendor staff in subsidiary countries?
What might be a consequence of a shortage in skilled staff during ERP implementation?
What might be a consequence of a shortage in skilled staff during ERP implementation?
Which of the following should internal resources NOT prioritize during an ERP project?
Which of the following should internal resources NOT prioritize during an ERP project?
What is an essential aspect of the vendor's claims during the ERP software selection process?
What is an essential aspect of the vendor's claims during the ERP software selection process?
Why might some functional departments resist allocating their best resources to an ERP project?
Why might some functional departments resist allocating their best resources to an ERP project?
Flashcards
Pre-evaluation Screening
Pre-evaluation Screening
The initial phase of an ERP implementation process. It involves identifying the organization's pain points and needs, determining the requirements for the chosen ERP package, and developing a project plan for the implementation.
Package Evaluation
Package Evaluation
Evaluating and comparing available ERP packages based on their functionalities, features, and suitability for organizational needs. This usually includes thorough analysis of the vendors, pricing, and implementation timelines.
Gap-Analysis
Gap-Analysis
The process of aligning the chosen ERP system's functionalities with the organization's internal processes. This involves identifying any gaps or inconsistencies between the existing workflows and the ERP system's capabilities.
Reengineering
Reengineering
Signup and view all the flashcards
Configuration
Configuration
Signup and view all the flashcards
Implementation Team Training
Implementation Team Training
Signup and view all the flashcards
Testing
Testing
Signup and view all the flashcards
Material Requirements Planning (MRP)
Material Requirements Planning (MRP)
Signup and view all the flashcards
Bill of Materials (BOM)
Bill of Materials (BOM)
Signup and view all the flashcards
Lead Time
Lead Time
Signup and view all the flashcards
BOM Explosion
BOM Explosion
Signup and view all the flashcards
Manufacturing Resource Planning (MRP II)
Manufacturing Resource Planning (MRP II)
Signup and view all the flashcards
MRP II Loop
MRP II Loop
Signup and view all the flashcards
Loading and Scheduling
Loading and Scheduling
Signup and view all the flashcards
Resource Point of View
Resource Point of View
Signup and view all the flashcards
Precedence Sequence
Precedence Sequence
Signup and view all the flashcards
Mass Customization
Mass Customization
Signup and view all the flashcards
Outsourcing and Contract Manufacturing
Outsourcing and Contract Manufacturing
Signup and view all the flashcards
Enterprise Information System
Enterprise Information System
Signup and view all the flashcards
Why ERP Systems Became Essential
Why ERP Systems Became Essential
Signup and view all the flashcards
Business Integration in ERP
Business Integration in ERP
Signup and view all the flashcards
ERP for Global Finance Management
ERP for Global Finance Management
Signup and view all the flashcards
Trade Compliance in Manufacturing
Trade Compliance in Manufacturing
Signup and view all the flashcards
Globalization and ERP
Globalization and ERP
Signup and view all the flashcards
Enterprise Resource Planning
Enterprise Resource Planning
Signup and view all the flashcards
International Business Challenges
International Business Challenges
Signup and view all the flashcards
Standardizing Processes
Standardizing Processes
Signup and view all the flashcards
Process Analysis
Process Analysis
Signup and view all the flashcards
Process Modeling
Process Modeling
Signup and view all the flashcards
Process Implementation
Process Implementation
Signup and view all the flashcards
Process Monitoring
Process Monitoring
Signup and view all the flashcards
ERP Package Evaluation
ERP Package Evaluation
Signup and view all the flashcards
Global ERP Readiness
Global ERP Readiness
Signup and view all the flashcards
Selecting Internal Resources
Selecting Internal Resources
Signup and view all the flashcards
Internal Resource Expertise
Internal Resource Expertise
Signup and view all the flashcards
ERP Implementation Challenges
ERP Implementation Challenges
Signup and view all the flashcards
Management Input in Vendor Selection
Management Input in Vendor Selection
Signup and view all the flashcards
Internal Expertise in Company and Industry
Internal Expertise in Company and Industry
Signup and view all the flashcards
Internal Resource Leadership
Internal Resource Leadership
Signup and view all the flashcards
Departmental Resistance to ERP
Departmental Resistance to ERP
Signup and view all the flashcards
Study Notes
Course Material on Enterprise Resource Planning (ERP)
- BA 7301 is a course on Enterprise Resource Planning
- The course material is by Mr. S. Arunkumar, Assistant Professor, Department of Management Science, Sasuri College of Engineering, Vijayamangalam – 638 056
- The course material has a quality certificate
Contents
- The document includes a variety of topics, from introduction to implementation and emerging trends
- The content covers topics like:
- Overview of enterprise systems and ERP concepts
- ERP evolution and development (MRP, MRP-II, ERP, E-ERP,ERP II)
- ERP implementation lifecycle, methodologies, frameworks and training
- Post-implementation considerations such as maintenance, and risks
- Emerging trends in ERP including CRM, SCM and Business Analytics
- The roles of ERP vendors and consultants
- Functional modules like Production planning, purchasing, inventory, sales, marketing, financial, HR
- ERP Implementation Life cycle: Planning, Evaluation, Selection of ERP, Implementation, Training, Data Migration
- ERP implementations and the impact on organizations
- Business processes and the impact of ERP implementation
- Emerging technologies such as business intelligence and cloud computing in ERP and their impact on organizations
Introduction
- ERP is an acronym for Enterprise Resource Planning
- ERP software is a complex software solution that addresses an organization's overall needs by integrating its various functions in a process view.
- The ERP market value is estimated to be USD 80 Billion (or more) in 2000 and continues to grow in value.
ERP Implementation
- ERP implementation is a complex process that may take several years and millions of dollars to complete
- It's crucial that top management is committed to the project
- It requires a thorough evaluation and selection process before adopting any ERP solution
- Careful planning and considering numerous factors is essential. This includes
- Defining the business need
- Evaluating potential vendors and their products
- Negotiating agreements
- Establishing a detailed implementation strategy, including timelines, resources, and responsibilities.
ERP Functional Modules
- ERP software has various functional modules designed to address specific business needs in all areas from finance, HR and sales, to manufacturing and operations
- Functional modules include Production, Planning, Purchasing, Inventory, Sales, Marketing, Finance, HR
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.