An enterprise resource planning (ERP) system is a set of core software modules that enable organizations to share data across the entire enterprise through the use of a common database and management reporting tools. The goal is to enable easy access to business data and to create efficient, streamlined work processes. Origin of "ERP" In 1990 Gartner Group first employed the acronym ERP as an extension of material requirements planning (MRP), later manufacturing resource planning and computer-integrated
Words: 1689 - Pages: 7
LEGO - EMBRACING CHANGE BY COMBINING BUSINESS INTELLIGENCE WITH A FLEXIBLE INFORMATION SYSTEM History of LEGO Company The LEGO Group was founded in 1932 by Ole Kirk Kristiansen. The company has passed from father to son and is now owned by Kjeld Kirk Kristiansen, a grandchild of the founder. It has come a long way over the past almost 80 years - from a small carpenter’s workshop to a modern, to a global enterprise that is now, in terms of sales, the world’s fourth-largest manufacturer of
Words: 1468 - Pages: 6
Business Intelligence – According to CIO, “Business intelligence, or BI, is an umbrella term that refers to a variety of software applications used to analyze an organization’s raw data. BI as a discipline is made up of several related activities, including data mining, online analytical processing, querying and reporting.” Verizon’s Business Intelligence plays an import role in customer’s experience of the company. It also enhances the customer service experience, which IT processes in place to
Words: 418 - Pages: 2
is mainly being integrated with Enterprise Resource Planning (ERP) in the Computer Integrated Manufacturing System (CIMS) to reduce the complexities encountered in the production environment. This paper analyses the various functions of an MES used in the present-day industry and how it addresses the responsibilities of the shop floor of an industry. Keywords Manufacturing Execution System (MES), Enterprise Resource Planning (ERP), Computer Integrated Manufacturing System (CIMS) and Shop floor
Words: 3485 - Pages: 14
Case Study ERP Implementation Failures ERP systems are an integrated software solution that is typically offered through a vendor as packaged software that supports the organization’s supply chain and other business functions, such as, receiving, inventory management, customer order management, production, planning, shipping, accounting, and human resource management. The use of ERP is very widespread across a multitude of industries. As a matter of fact, a report by Computer Economics Inc. states
Words: 1570 - Pages: 7
their competitors have implemented ERP with integrated CRM solutions. Additionally their competitors have begun to implement eBusiness solutions which allow for web based supply ordering, service call entry and meter click reporting. The current technological environment of Bandon Group, Inc. is severely fragmented, which makes it virtually impossible to migrate towards an eBusiness solution (Summer, 2005). Step 8: Determine feasibility of an ERP system An ERP system facilitates database control
Words: 1221 - Pages: 5
hundred employees, four locations worldwide, and $50 million in annual sales, placing the value on the organization is simple; look at the bottom line and see the profit. This is the situation at Riordan Manufacturing where the price it paid to do business was less than what it made, defining a clear value in what Riordan provides. Riordan’s Sales and Marketing department has a clear value; $50 million is sales to show of it. But how do we show the value for other departments within the organization
Words: 6988 - Pages: 28
Uses information technology to execute supply chain on a large scale to realize economies of scale making its gains in capital efficiency and inventory velocity possible. • Run its warehouses as efficiently as possible. It is so high tech that its ERP has complex algorithms that can analyze relationships among the items customers purchase to find groupings that can be located in the same warehouse, thus reducing shipping costs. Warehouse operating costs has dropped from 20% of revenue to less than
Words: 1843 - Pages: 8
company’s background, but I mainly focused on looking for what types of software Norfolk Southern Railway have used in the past, what they are using as of today, and the companies that make these software for other businesses to help them manage their business processes. After reading the case and some relative articles, I have realized how important information technology is for any businesses; especially, for a company like Norfolk, whose main goal is focused on customer service and on-time delivering
Words: 647 - Pages: 3
adopted by Partners Healthcare System, a large academic medical center in the Boston area, U.S.A., which uses sophisticated IT systems to provide better quality and efficiency of care for patients. Three systems are analyzed in greater detail – ERP, SCM, and CRM. HOW SHOULD WE TREAT THIS PARTNERS HEALTHCARE SYSTEM USING TECHNOLOGY TO PATIENT? “Our mission is our compass – to inspire, to nurture, to challenge the best and MAKE BETTER DECISIONS the brightest
Words: 1393 - Pages: 6
