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Enterprise Resource Planning

notes 7. In the case of make-to-stock items, the EPR systems save time by integrated with
CAD/CAM systems.
8. The elapsed time between placing an order and receiving it is known as the lead-time.
9. Supplier quotations and contracts can be created to support the procurement of all products
and service required by the enterprise.

10. Capacity definitions are provided from work center and machine records.

6.14 review Questions

1. Explain the benefits of ERP implementation.
2. How are the ERP systems helpful to reduce the lead time and improved supplier
performance?
3. Discuss the tangible and intangible benefits of ERP systems.
4. “Sometimes, the intangible benefits are more important than the tangible benefits.” Discuss
the above statement.

5. “Product flexibility is the ability of the operation to efficiently produce highly customized
and unique products.” Explain.
6. How will you satisfy customer in better way with the help of ERP? Explain

7. What do you mean by on-time shipment?
8. What do you think ERP is absolutely beneficial in financial department of a big
organization?
9. Distinguish between EFT and EDI.

10. How will you manage quality with the help of ERP implementation?

answers: self assessment

1. ERP 2. Cycle time 3. high 4. Flexibility
5. Engineering Change Order 6. True 7. False
8. True 9. True 10. True

6.15 further readings

Books Alexis Leon, ERP Demystified 2/E, Tata McGraw-Hill, New Delhi.
Alexis Leon, Enterprise Resource Planning, Tata McGraw Hill, 2009.
Bhatnagar, S.C. and K.V. Ramani, Computers and Information Management, Prentice
Hall of India Private Ltd, New Delhi, 1991.
Daniel E. O’Leary, ERP Systems: Systems, Life Cycle, E-commerce, and Risk,
Cambridge University Press, 2000.
Ellen Monk, Bret Wagner, Concepts in Enterprise Resource Planning, Course
Technology, Second Edition, 2005

Hanson, J.J., “Successful ERP Implementations Go Far Beyond Software,” San
Diego Business Journal (5 July 2004).

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