Professional Documents
Culture Documents
1. What is ERP?
Enterprise resource planning (ERP) is a company-wide computer software system
used to manage and coordinate all the resources, information, and functions of a
business from shared data stores.
2. Write any two advantages and disadvantages of ERP systems.
Advantages
Integration
among
different
functional
areas
to
ensure
proper
Disadvantages
Customization of the ERP software is limited.
3. What are the reasons for the explosive growth of the ERP market?
They enable improved business performance by achieving : cycle time
reduction , Increased business agility , Inventory reduction , Order
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solutions.
4. List down the problems tackled by ERP systems.
Material Shortages
Productivity Enhancements
Customer Service
Cash Management
Inventory Problems
Quality Problems
5. What are the Emerging Trends in ERP?
ERP systems were first created to manage and track inventory. Most companies
that have implemented ERP systems have generally seen improvements in their
asset utilization metrics. While ERP implementation requires great amounts of
time, money and effort, many companies have decided that the benefits of
implementation decidedly outweigh the costs. Since ERP systems have expanded
into back office systems (such as accounts payable, human resources, and order
entry), the effect on SG&A expense management is seen as well .
6. What is ERP lifecycle?
ERP Life Cycle is in which highlights the different stages in Implementation of an
ERP.
7. Who are the main players in the ERP market?
The main players are SAP AG , Peoplesoft , Oracle , Baan , JD Edwards , QAD ,
Ramco , IFS , Dataworks and so on.
8. Define Need Analysis.
Need analysis is in the Decision Making, Problem Solving, & Strategy and
Planning & Scheduling subjects. Need analysis appears in these other term: training
needs analysis.
9. What is the Necessity for ERP Gap Analysis?
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The primary step will be to make a note of the existing business system and list
out the flaws and positive aspects. This is an attempt to have an idea of what is
currently happening given the scenario in question so as to help in ERP
implementation.
Evaluate and decide the additions that need to be made to the business in view of
ERP implementation. The aim is to make sure that there is not even a thin line of
difference between ERP and the organizations commercial activities. It will be
oriented to ERP function.
Rating the existing level of performance to set a benchmark or standards for the
business as on date. This will help in finding out the benefit of ERP.
Clearly defining the roles of individuals in the organization so that the priorities
are met and the structure remains undisturbed. This is to make things clear for
ERP function.
Checking if the objective in discharging duties are met because it is the ultimate
solution to any issue. If they are not met the gaps should be made known and
corrected. Only then the organization can achieve the benefit of ERP.
Ensuring that functions are executed properly and if need be personnel can be
rewarded to boost up and encourage performance.
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Similarly comparisons are to be made for every other factor that draws relation in
one way or other. These results are to be complied for ERP gap analysis.
The gap analysis takes into account all the factors of study and gives the results.
It either recommends the implementation of an ERP system or rejects the idea in
totality.
11.
12.
ERP HR Module
organization.
13.
How to write successful RFP letters?
Do Your Homework, Distinguish Between Needs And Wants , Decide What The
Winner Will Look Like , Organize the Document , Introduction ,
Requirements ,
Selection Criteria , Timelines , Process , Decide How To Send Out The RFP , Decide
Who To Send The RFP , Send The RFP
14.
Write the benefits of various ERP software.
MBA / ERP 2 marks
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17.
process modeling the enterprise process model is often referred to as the business
process model. Process models are core concepts in the discipline of Process
Engineering.
Write the goals of process modeling.
The goals of a process model are to be:
18.
Descriptive
o
Takes the point of view of an external observer who looks at the way a
process has been performed and determines the improvements that have to
be made to make it perform more effectively or efficiently.
Prescriptive
o
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Lays down rules, guidelines, and behavior patterns which, if followed, would
lead to the desired process performance. They can range from strict
enforcement to flexible guidance.
Explanatory
o
Explore and evaluate the several possible courses of action based on rational
arguments.
Establish an explicit link between processes and the requirements that the
model needs to fulfill.
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The person/company doing the work determines the phases of the project,
and the deliverables at the end of each phase
The scope of the work will be a joint decision between you and the
Designer/Developer
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engineering,
entertainment,
automotive,
consumer
products,
microchips,
bandwidth management,
server
and
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network setup and management necessary for ERP operations. This service also
provides a regular infrastructure checkup and improvement initiatives to ensure
the infrastructure is effective and secure for ERP operations.
37. Define cross functional team.
A "cross functional team" is a group of people with different functional
expertise working toward a common goal. It may include people from finance,
marketing, operations, and human resources departments. Typically, it includes
employees from all levels of an organization. Members may also come from outside
an organization (in particular, from suppliers, key customers, or consultants).
38. Define balance score card method.
The Balanced Scorecard (BSC) is a performance management tool which
began as a concept for measuring whether the smaller-scale operational activities
of a company are aligned with its larger-scale objectives in terms of vision and
strategy.
39. What is the use of organizational transformational model?
Provide exemplary transformational strategic processes
designed and
40.
Committee.
What do you mean by checklist?
A checklist is used as an aid to memory. It helps to ensure consistency and
completeness in carrying out a task. A basic example is the to do list. A more
advanced checklist would be a schedule, which lays out tasks to be done
according to time of day or other factors.
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Description
Inventory Management and control is the combination of
Management &
information
technology
and
business
processes
of
Control
requirements,
setting
targets,
providing
Material
inventory status.
Materials Requirement Planning (MRP) utilizes software
Requirement
Planning (MRP)
1980s
1990s
Manufacturing
each operation.
Manufacturing Requirements Planning or MRP utilizes
Requirements
software
applications
for
coordinating
manufacturing
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