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Unit 11: ERP-II

3. VMI stands for .................. notes
4. SRM stands for ..................
State whether the following statements are true or false:
5. Enterprise resource planning cater much to the individual elements.

6. ERP was designed to ease the conventional functions in an organization.
7. The operation of ERP is more focused within the organization.
8. ERP II the latest advancement in ERP software deserves special mention.
9. An ERP system is based on an integrated database and consists of several modules aimed
at specific business functions.
10. ERP II the latest advancement in ERP software deserves special mention.

11.10 review Questions

1. What do you mean by ERP-II?

2. Describe the added features in ERP-II.
3. Explain the facilities offered by web-enabled ERP services.
4. What are the benefits of ERP logistics package?
5. “The functioning of ERP has gained much prominence and utility with the intervention of
web enabled and open source technologies”. Explain
6. Differentiate between Open Source accounting ERP and open source ERP payment.
7. Describe “Open source ERP has resulted in many lawsuit and incidental claims.”

8. “Web enabled ERP services have helped to remove many drawbacks of the earlier
applications.” Explain
9. What do you mean by business process management?
10. Write short note on “Collaborative components”.

answers: self assessment

1. ERP 2. Business Process Re-engineering

3. Vendor Managed Inventories 4. Supplier Relation Management
5. False 6. True 7. True 8. True
9. True 10. True

11.11 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.

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