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Exploring the Integration of Enterprise Resource Planning Solutions Within Supply Chain Management - Dissertation Example

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Exploring the Integration of Enterprise Resource Planning Solutions [ERP] Within Supply Chain Management [SCM] Table of Contents Table of Contents 2 Acknowledgement 3 Abstract 3 Introduction 4 Literature Review 9 Points of Integration 11 Accelerated SAP implementation 17 Methodology 21 Results 26 Analysis and Discussion 27 28 Sales and Distribution 28 Materials Management 29 Financial Systems and Control 30 Integrated Systems Innovations 31 32 Sales and Distribution 32 Materials Management 33 Financial and Control 34 Integrated Systems Innovations 35 Conclusion 39 Recommendations 42 Bibliography 43 List of Figures Figure 1: Smith & Sparks, 2004 – Logistics in Tesco: Past…
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Exploring the Integration of Enterprise Resource Planning Solutions Within Supply Chain Management
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Download file to see previous pages It was able to attain this position through vigorous investment in technology to ensure that its continuous improvement is not only based on intent but founded on empirical data as well. Tesco’s direction is on the right path towards its goal by using the latest of what Information Technology can offer to assist it in gathering historical data of its operation and at the same time being provided real time reports of its operation. The ability to move its inventory as efficiently as possible to all its stores either from the owners of the labels or from its own distribution center is one of the lifeblood of Tesco thus its employment of a Supply Chain Management System is mandatory. However, it is also imperative that information technology should not only assist its operation it is also essential for Tesco to be ahead of its competitor by ensuring that its information is built into an essential knowledge base for use in developing its business intelligence framework. Integrating an Enterprise Resource Planning Solution into a Supply Chain Management System would provide the infrastructure to achieve this. The integrated system would be able to project demands and issue orders ahead of time to ensure that the shelves of Tesco’s retail stores scattered all over the United Kingdom do not go empty. To stay ahead of its competitor within the same industry the knowledge that will be built in the integration of the two systems would translate to the provisioning of valuable information to label or product owners. Information such as demands based on geography and time will aid label owners on how to time their production and delivery to Tesco stores. Introduction Enterprise Resource Planning Solutions have considered and taken into consideration all information that can be gathered pertinent to the operation of the organization and convert them into knowledge that companies can use to meet the demands of the industry (Monk & Wagner, 2012). Supply Chain Management system takes into account all relevant information that can be collected for purposes of making the production and inventory process efficient, cost effective and responsive to market demands (Hugos, 2011). The implementation of both solutions would enable the company to meet its production targets while at the same time it will be informed in real time of the operational position of the organization including its financial situation (Karni & Shtub, 2009). Tesco plc is a retail and general merchandise organization headquartered in Cheshunt, United Kingdom (Tesco, 2012). The nature of business of Tesco requires that it keeps track of all inventories to a point wherein it is aware of when an item in its inventory is received up to the time on when it is sold. A Supply Chain Management System would be able to track inventories in this same manner as described. An Enterprise Resource Planning System would be able to provide Financial and Controlling systems, Human Resource Management, Production Planning, Treasury systems and the planning of all other company resource. ...Download file to see next pagesRead More
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