Page 122 - DCAP302_ENTERPRISE_RESOURCE_PLANNING

Enterprise Resource Planning

notes completely engineer-to-order environments. This evolving environment is often referred to as
configure-to-order. Most ERP systems have now added this technique also to their systems.
Using a rules-based product configuration system, configure-to-order (CTO) manufacturers are
able to simplify the order entry process and retain engineer-to-order (ETO) flexibility without
maintaining bills of material for every possible combination of product options.
ERP systems not only improve the flexibility of the manufacturing operations, but also the
flexibility of the organization as a whole. A flexible organization is one that can adapt to the
changes in the environment, rapidly. With the technological revolution the rules of the marketplace
are changing at a rapid pace. Newer and more competitions are emerging each day. New and
complex problems have to be tackled every day. New market segments have to be penetrated not
in order to succeed but simply to stay in business. New marketing strategies have to be devised
and implemented at very short notices. Companies have to constantly find new ways to keep
the customer satisfied. For doing all these the company has to be flexible. The old methods of
functioning will no longer work. ERP systems help the companies to remain flexible by making
the company information available across the departmental barriers and automating most of the
processes and procedures. Thus enabling the company to react quickly to the changing market
conditions.

Enable Worldwide expansion with:
1. Centralized world operation
2. Global resource management
3. Multi-currency capability
4. Global market penetration
5. Deploy solution quickly and cost effectively across worldwide

Enabling e-business by attracting new or getting closer to customers through the web integration
capability. The web-enabled ERP system provides benefits in business to business and business
to individual in:
1. Interactive customer service
2. Improved product design through customer direct feedback
3. Expanding to new e-market
4. Building virtual corporation with virtual supply and demand consortium

5. Deliver customized service
6. Provide real time and reliable data enquiries

6.8 improved information accuracy and Decision-making capabilities

To survive, thrive and beat the competition in today’s brutally competitive world one has to
manage the future. Managing the future means managing information. in order to manage
information, deliver high-quality information to the decision-making at the right time, and
automate the process of data collection, collation and refinement, organizations have it in the
best way possible.
Some other point related to improved information accuracy and decision-making capabilities
are:
1. Gives a Company an Integrated Real-time View of its Business Process
2. Helps Improve the Quality and Efficiency of Customer Service
3. Reductions in Transaction Processing Costs and Hardware, Software, and it Staffs

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