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Enterprise Resource Planning
notes l z Entrepreneurs or managers combine resources like land, labor and capital in different ways
to produce goods or services.
l z Enterprise Resource Planning can be configured depending on the business requirements
of the organization.
l z This project contains the implementation of the following modules of ERP.
z Finance
z Controlling
z Materials Management
z Production Planning
z Quality Management
z Sales and Distribution
z Project System
5.8 keywords
Accounting Systems: Information systems that record and report business transactions, the flow
of funds through an organization, and produce financial statements. This provides information
for the planning and control of business operations, as well as for legal and historical record-
keeping.
Computer-aided Manufacturing: The use of computers to automate the production process and
operations of a manufacturing plant. Also called factory automation.
Cross-functional Integrated Systems: Information systems that are integrated combinations of
business information resources across the functional units of an organization.
E-business: e-business is the use of the Internet and other networks and information technologies
to support electronic commerce, enterprise communications and collaboration, and web-enabled
business processes both within an internetworked enterprise, and with its customers and business
partners.
Manufacturing Systems: Information systems that support the planning, control, and
accomplishment of manufacturing processes. This includes concepts such as computer-integrated
manufacturing (CIM) and technologies such as computer-aided manufacturing (CAM) or
computer-aided design (CAD).
Marketing Systems: Information systems that support the planning, control, and transaction
processing required for the accomplishment of marketing activities, such as sales management,
advertising and promotion.
Online Transaction Processing Systems: A real-time transaction processing system.
Real-time Processing: Data processing in which data is processed immediately rather than
periodically. Also called online processing.
Transaction Processing Cycle: A cycle of basic transaction processing activities including data
entry, transaction processing, database maintenance, document and report generation, and
inquiry processing.
104 LoveLy professionaL university
