Page 93 - DCAP302_ENTERPRISE_RESOURCE_PLANNING

Unit 4: Manufacturing Perspective of ERP

4.14 summary notes

l z You note that the future organizations would be facing a shortage and a redundancy of
information.
l z To solve the problems of “information-glut” arising from the evermore affordable
information and communication technologies that provide for evermore high-capacity,
fast, long-distance transmission, organizations would need to introduce methods for
“selective dispersion of information” to their various parts.

l z Work tasks would be grouped in organizational units created around a common program
for information processing.

l z Improvements in telecommunications will make it easier to control (which will be primarily
a matter of information exchange) organizational units dispersed over different parts of the
world. Advances in telecommunications (such as videophone), coupled with diminishing
costs, would result in increased distance-communication.

4.15 keywords

Database: A collection of related data that can be retrieved easily and processed by computers;
a collection of data tables.

Information: Data that has been processed, organized, and integrated to provide insight. The
distinction between data and information is that information carries meaning and is used to
make decisions.
Management information system (MIS): An MIS consists of five related components: hardware,
software, people, procedures, and databases. The goal of management information systems is to
enable managers to make better decisions by providing quality information.

4.16 self assessment

Fill in the blanks:
1. .................. is a group of people working together with a common goal, which has resources
at its disposal to achieve that goal.
2. With .................. all internal / external information and functions working in isolated form
and have their own information systems of data collection and analysis.
3. The information integration provide to meet the .................. ERP helps the top management
at various levels of enterprise.
4. A good business model represents the .................. of the business.
5. The .................. reflect the day – to – day transaction of the entire organization and can give
a snapshot of the organization at any given time.
6. Manufacturers are measured by their ability to responding quickly to the customer’s
..................
State whether the following statements are true or false:
7. ERP is nothing but total business solution.
8. ERP packages specify the best configuration for the business.
9. ERP helps the top management at various levels of enterprise.

10. ERP vendor doesn’t provide the freedom to change manufacturing and planning
methods.

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