Minicase 1. ERP helps productivity at Northern Digital Inc. 1. For a small company like NDI‚ why is an ERP better than SCM applications? ERP’s major objective is to integrate all departments and functional information flows across a company onto a single computer system that can serve all of the enterprise’s needs while SCM software focuses on planning‚ optimization and decision-making processes in segments of the supply chain. ERP is also a cost saving application as it can be leased (in our
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E-business: Traditional ERP systems take care of internal value chain (i.e.‚ within a company) whereas e-businesses establish the value chain across the market and the industries. So‚ it is necessary for the organizations a more efficient ERP system under E-business. More and more organizations construct their systems’ architectures by integrating ERP systems with e-business. They use Web based interface (corporate portals) with outside entities plus add-on modules such as CRM‚ SCM‚ etc
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knowledge management systems that are shared by all business units. Physical facilities managament services that develop and manage the physical installations required for computing‚ telecommunications‚ and data management services. IT management services that plan and develop the infrastructure‚ coordinate with the business units for IT services‚ manage accounting for IT expenditures‚ and provide project management services. IT education services that provide training in system use to employees and
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Business Processes and Information Systems Rosalyn Huf CIS/568 April 27‚ 2015 Saundra McDavid Business Processes and Information Systems An information system (IS) is an important part of an organization’s business processes. Information systems facilitate communication and coordination among different functional areas‚ allow easy exchange of‚ and access to‚ data across processes. Specifically‚ IS’s play a vital role in three areas: Executing the process‚ capturing and storing process data‚ and
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reading and discussing with our fellow students about these articles‚ we get to know the power‚ as well as the importance of IT in today’s business. We also had chance to delve into what really can IT does to empower the business processes. Additionally‚ in our opinions‚ these articles also illustrate very well how IT initiates‚ facilicates‚ and enables business processes by using many examples. It makes these technical texts much easier to understand and to digest. Here is the summary of Article 2 and
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becomes more and more important in company. And as the largest investment project of the enterprise IT governance‚ ERP (Enterprise Resource Planning) system has been received wide recognition and promotion in the listed companies of our country. We have discussed the correlation between ERP system implementation and audit fees based on agency costs of company in this paper‚ in order to provide valuable contributions to the development of theoretical research on audit fees in this area. This
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Case B : Sinosteel Sinosteel Strengthens Business Management with ERP Applications 1. What is the business of Sinosteel‚ what are its major challenges‚ and how would an ERP system address the challenges they face? Sinosteel Corporation is a company submitted to the administration of the State-Owned Assets Supervision and Administration Commission. Its main activity is to develop and process metallurgical mineral resources. In addition‚ it has a mission of trading and delivering raw materials and
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Business Processes 1. Consider the four definitions of information presented in this chapter. The problem with the first definition‚ “knowledge derived from data‚” is that it merely substitutes one word we don’t know the meaning of (information) for a second word we don’t know the meaning of (knowledge). The problem with the second definition‚ “data presented in a meaningful context‚” is that it is too subjective. Whose context? What makes a context meaningful? The third definition‚ “data processed
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ERP‚ which is an abbreviation for Enterprise Resource Planning‚ is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently‚ ERP is an amalgamation of three most important components; Business Management Practices‚ Information Technology and Specific Business Objectives. In simpler words‚ an ERP is a massivesoftware
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Explain the conditions or circumstances that would lead a company to use the IWM features available within SAP ERP. What capabilities does IWM add to the features available within the Sales and Distribution‚ Materials Management‚ and Production Planning and Execution areas of SAP ERP? The conditions and circumstances that would lead a company to use the IWM features available within SAP ERP are due to increased cost pressure‚ higher customer expectations‚ shorter cycles of innovation and high differentiation
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