We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Enterprise resource planning - Essay Example

Free
Enterprise Resource Planning (ERP) is a managerial information system that integrates the different business functions of a company which include finance, accounting, marketing, production, etc.The use of an ERP can help manager make better decisions in their day to day operations. The ERP utilizes both internal and external information. When the broadband age started at the turn of the century the utilization of information became a critical success factor for companies. Large corporation benefit from the use of ERP because they system can help managers coordinate work among different divisions and business units. I have a brother that works in the fast food industry. The company he works for utilizes the ERP to determine when to purchase more food, to coordinate the schedules of the employees, and to determine if the prices of the food items are adequate to cover all overhead costs and achieve an adequate level of earnings for the owners. 2. Aggregate planning is concerned with determining the quantity and scheduling of production for the intermediate future, usually 3 to 18 months ahead (Heizer & Render, 1996). Operation managers determine the best way to forecast demand by adjusting production rates, labor rates, inventory levels, overtime work, subcontracting rates, and other controllable variables (Heizer, et al., 1996). About five years ago I worked at a start-up company. The operating manager utilized aggregate planning to determine the production levels of the company for the first

Check these samples - they also fit your topic

Enterprise Resource Planning
Resource Planning From among the major topics discussed under Resource Planning, one finds the concepts, theories and applications for Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Supply Chain Management (SCM) most intriguing and challenging.
1 pages (250 words)Essay
Enterprise Resource Planning
Finally there were inconsistencies in linking the system with other dependant external systems needed for the smooth running of the business. Due to these factors, POP 02 proved to be unreliable and the company decided to revert back to the old system (Hamilton 100).
3 pages (750 words)Research Paper
Sap (Enterprise resource planning)
These vendors provide the company with help in three areas: consulting, customization and support. Companies are asked to standardize their procedures before the implementation of an ERP system. This makes the transition much easier. The company has to perform a business analysis so that they can map their processes; this eventually helps in deciding which vendor to go for.
9 pages (2250 words)Essay
Enterprise Resource Planning
Students must identify such a company and do a study on how BPR has an impact on the selected company's ERP process/outcome. In every organization, the current goals, targets and processes may not be the most optimum way to achieve the target. There will always be some redundancies and inefficiencies in these.
10 pages (2500 words)Essay
Enterprise Resource Planning (ERP)
Its ability to harness information technology to streamline its own business made it a leading edge company. Cisco systems was founded by Stanford University Computer Scientists Sandy Lerner and Leonard Bosack, who recognized the need for large scale computer networks based on industry standard technologies.
13 pages (3250 words)Essay
Enterprise Resource Planning Systems
According to AMR's research; in 1999, the five biggest ERP vendors (SAP, PeopleSoft, Oracle, Baan, and J.D. Edwards) accounted for 59 % of the IT market. In 2004, the five biggest ERP vendors (SAP, Oracle, Sage Group, Microsoft's Business Solutions group, and SSA Global accounted for 72 % of the revenues (AMR, 2005).
8 pages (2000 words)Essay
Enterprise Resource Planning
ERP helps in organizing the business processes and increases the overall efficiency. (Lau) The major advantage of implementing an information system with ERP is that it provides a single point entry for data inside the system. A single point entry means that there can be minimal redundancy and a reduction in overhead costs spent on labor
15 pages (3750 words)Essay
Enterprise resource planning systems
gned enterprise network architecture mostly takes account of a considerable emphasis on storage of data and access as fraction of the entire enterprise resource planning initiatives. The emphasis of this paper is to conduct a literature search for two organizations that have
3 pages (750 words)Essay
Enterprise Resource Planning
Another key goal for the use of the ERP by the army is to enhance its ability to employ and sustain responsive combat, which is achievable through the knowledge superiority that is offered by the ERP system. The implementation of the ERP prepares the army
4 pages (1000 words)Essay
Enterprise Resource Planning Systems
From this paper, it is clear that enterprise resource planning system is intended to develop and computerize basic procedures throughout the organization upon an integrated database as well as eradicates the need of incongruent systems sustained by various departments of the corporation. Enterprise permits firms to replace intricate computer-applications.
4 pages (1000 words)Assignment
year of operations. The company realized that the production level stipulate was barely enough to break even. The firm was working under the assumption that after the first year the company would be able to pick up additional work contracts that were going to generate additional income streams. The purchases of raw materials were made based on the forecasted sales numbers. Heizer, J., Render, B. (1996). Production & Operations Management (4th ed.). New Jersey: Prentice Hall. 3. A few years ago I was involved in a start up business project with a few colleagues. I was part of the original team that founded the enterprise. The company developed a new product which it wanted to bring to the marketplace. Since the company was new there production strategies to create the product did not exist. The first step in the production planning process was to develop a facility layout for the plant. Once the layout was in place the firm had to determine the best machinery in the marketplace to produce the product. Once the machinery was purchased the engineer had to test it and determine the production process. The floor employees had to be hired and trained by the manager. During the first month of production the output of the workers was below the expectations. It took three months before the employees mastered the learning curve. Out of the three production strategies (stable, chase, level) the company utilized a level strategy. 4. The chase strategy treats employees as if they did not matter. It is very impersonal due to the fact that the firm is looking out for their best interest instead of the interest of the employees. There is no job security under a chase strategy scenario since the company changes its workforce composition based on the amount of production it generates. Managers have to be careful because this strategy may lead to high employee turnover rates. 5. The scenario you described of the company hiring temporary employees is a trend that has caught a lot of popularity in the 21st century. Companies are looking for ways to reduce labor costs. The problem with temporary employees is that they are not able to produce the same output as experienced workers. It takes a few months sometimes longer for an employee to master the learning curve at a job. On many instances the savings that are achieved by not paying benefits to temporary employees are offset by the lower production. 6. In the healthcare industry information is extremely important. ERP systems help hospitals and healthcare providers achieve a better
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Enterprise resource planning Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/management/1408662-enterprise-resource-planning
(Enterprise Resource Planning Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/management/1408662-enterprise-resource-planning.
“Enterprise Resource Planning Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1408662-enterprise-resource-planning.
  • Cited: 0 times

Summary

Enterprise Resource Planning (ERP) is a managerial information system that integrates the different business functions of a company which include finance, accounting, marketing, production, etc.The use of an ERP can help manager make better decisions in their day to day operations…
Author : brocksmith
Download 0
Enterprise resource planning
Read TextPreview
Comments (0)
Click to create a comment or rate a document
Let us find you another Essay on topic Enterprise resource planning for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us