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Exam1 - FC_Txt - The flashcards are formatted for printing...

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Extended ERP Components Core ERP Components
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The traditional components included in most ERP systems and they primarily focus on internal operations. The extra components that meet the organizational needs not covered by the core components and primarily focus on external operations.
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1. Business intelligence 2. Customer relationship management 3. Supply chain management 1. Accounting and finance 2. Production and materials management 3. Human resources
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4. E-business
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Core ERP components: Extended ERP components:
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Production and Materials Management Accounting and Finance ERP Components
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Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control.
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management.
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Business Intelligence ERP Components Human Resource ERP Components
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Track employee information including payroll, benefits, compensations, and performance assessment, and assure compliance with the legal requirements of multiple jurisdictions Describes information that people use to support their decision- making efforts; collect information used throughout the organization, organize it, and apply analytical tools to assist
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and tax authorities. managers with decisions (i.e. data warehouses).
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Supply Chain Management ERP Components Customer Relationship Management ERP Components
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Involves managing all aspects of a customer’s affiliation with an organization to increase customer loyalty and retention and an organization’s profitability; (i.e. contract centers, sales The management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability; helps plan, schedule, control and optimize the supply
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force automation, and marketing function). chain from raw materials to finished goods.
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E-Logistics and E- Procurement E-Business
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Conducting business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners. Two primary features of e-business ERP components:
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ERP Costs E-Procurement; E- Logistics
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____ is the business-to- business purchase and sale of supplies and services over the Internet, while ____ manages the transportation and storage of goods. Includes software cost, consulting fees, process rework, customization, integration and testing, training, and data warehouse integration and data conversion.
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Output Device Input Device
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Equipment used to capture information and command (i.e. keyboard, scanner). Equipment used to see, hear, or otherwise accept the results of information processing requires (i.e. monitor, printer).
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