Chapter 10 notes - Chapter 10 Enterprise Resource Planning...

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Chapter 10 Enterprise resource planning (ERP) - integrates all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations Core ERP components - the traditional components included in most ERP systems and they primarily focus on internal operations. Three most common are: accounting and finance, production and materials management, and human resources. Accounting and finance ERP components - manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management. Production and materials management ERP components - handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control. Human resources ERP components
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This note was uploaded on 12/04/2011 for the course ITM 309 taught by Professor Rodammer during the Spring '08 term at Michigan State University.

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