ERP Topic In-Depth Reporting Open Source ERP Systems Submitted by Arun Kumar S (1385711) Karthik Ganapathy (1399716) On 10/30/2013 Open Source ERP We would be addressing the following questions regarding Open Source ERP. Is Open Source the answer for ERP Solutions? What are the reasons for companies to adopt Open source ERP systems? What is the status of Open Source Systems Today? What are leading Open Source ERP systems and what do they offer? Introduction – Open Source ERP
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Chapter 1 Understanding the Supply Chain True/False 1. A supply chain includes only the organizations directly involved in supplying components needed for manufacturing. Answer: False Difficulty: Moderate 2. A supply chain consists of all parties involved‚ directly or indirectly‚ in fulfilling a customer request. Answer: True Difficulty: Moderate 3. A supply chain could be more accurately described as a supply network or supply web.
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The Advantages of ERP As companies grow and departmentalize their operations‚ it is increasingly important to ensure that the separation of function does not inhibit efficiency by erecting communication barriers. Smaller companies may be able to find tools to prevent this problem from occurring. Others‚ especially larger companies that operate complicated supply chains with thousands of suppliers and customers find creating effective links between departments more difficult. One way companies
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In accounting literature‚ the notion of conservatism is to employ a less optimistic attitude towards handling accounting transactions or events when varied alternatives are present. The basic implication of the convention was traditionally to anticipate not profits but all losses. Therefore‚ a series of accounting procedures based on conservatism have been developed to account for provisional expenses and potential losses in accounting practice‚ such as allowances for doubtful accounts‚ reserves
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Case setup (facts offered by interviewer): ❑ Your client is a manufacturer of bicycles ❑ They have been in business for 25 years ❑ They manufacturer and sell three categories of bicycles: ➢ Racing bikes: High end‚ high performance bikes for sophisticated cyclists ➢ Mainstream bikes: Durable‚ but not overly complicated bikes for everyday riders ➢ Children’s bikes: Smaller‚ simpler versions of their mainstream bikes for children ❑ Profits at your client have decreased over the
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Springer HARRISON TP et al‚ 2005. The practice of supply chain management: where theory and application converge. Springer. HIGUCHI T and TROUTT M‚ 2008. Life cycle management in supply chains: identifying innovations through the case of the VCR. IGI Publishing. HINES T‚ 2004. Supply chain strategies - customer-driven and customer-focused. Elsevier Butterworth-Heinemann. HOFMAN D‚ 2004. The hierarchy of supply chain metrics. SCMR (September Issue). HOPP
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Logistic Management Assignment 1 1- Did it surprise you that logistics can be such an important component in a country’s economic system? Why or why not No‚ it does not surprise me ‚ especially after having deep understanding about the Logistics role on controlling the flow of the product in any economic system‚ and helps all the functional areas in any Supply chain to synergize together to reach the goal (effective ) and reach the maximum utilization (efficient) to decrease waste and cost‚ thus
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5 Steps To Successful ERP Implementation By Sean W. O’Donnell‚ President‚ Datacor‚ Inc. Introduction Tougher competition in the marketplace is generating the need to better optimize resources‚ improve profitability and keep customers satisfied. Companies are increasingly implementing Enterprise Resource Planning (ERP) software solutions to improve operations and provide faster customer response. Choosing an ERP solution that meets your specific business requirements will enable you to have a
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INTEGRATING CLOUD CRP WITH ERP The Recent study of the market suggests that many companies are opting for cloud-based modules for the ERP business systems. Many companies are opting the cloud implementation of the CRM system to the ERP systems. Although often beneficial‚ such an implementation should be carefully evaluated based on the ROI and on delivering positive returns. Before implementing such a project‚ there are things that should be taken into consideration. These are mainly associated
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Riordan Manufacturing’s China Systems Riordan Manufacturing began business as Riordan Plastics in San Jose‚ CA in 1991 as a research and development company and licensing of its polymer processing patents. Over the years‚ the company has acquired a fan manufacturing plant in Pontiac‚ MI‚ a plastic beverage container manufacturing plant in Albany‚ GA and most recently expanded to a new manufacturing plant in Hangzhou‚ China. To expand on its product offerings‚ the company moved its fan manufacturing
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