2023 Reply to students response in 150 words min provide 1 reference Question Research an | Assignments Online

  

Reply to students response  in 150 words min provide 1 reference

Question:Research an Enterprise Resource Planning (ERP) system and discuss how its components meet the organization’s overall information needs.

Student response

Enterprise resource planning (ERP) is the software application that integrates various functions, department and process together to bring in real time connectivity with each other. It helps in reducing information gap and achieve higher efficiency in firms’ process. It also offers automation in process thus productivity is also increased.

2.

Name of the ERP system: ROSS ERP package

Source: http://www.aptean.com/products/ross-erp/

3.

ROSS ERP is more suitable for a manufacturing setup that produces multiple food products with their recipes. It offers in optimization of formulas for preparation of products so that standardization of operation with proper scalability is achieved. It offers real time information on inventory management and offer updates to all the concerned process / function / department. It also helps in effective supply chain management.

It helps in managing multiple aspect of business such as:

Standardization of process among all sister concern / manufacturing location

Proper inventory management and real time analysis

Integration with other functions such as production, sales, HR and Finance / Accounting

Connectivity with supplier and vendors to deliver inputs on time as they also get updated on real time basis

Efficiency in information sharing increasing productivity and reduces wastage

Application and implementation of lean manufacturing is possible.