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Assuming you are working in an Australian business. In a recent executive meeting, your CEO stated that the business should investigate the possible role that Enterprise Resource Planning (ERP) system...

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Assuming you are working in an Australian business. In a recent executive meeting, your CEO stated that the business should investigate the possible role that Enterprise Resource Planning (ERP) system could play. Your CEO is interested in the possibility of integrating various functional areas and the associated business benefits. Your CEO would like to hear more about this topic and has asked you to research on relevant information, so as to develop a presentation for the CEO and other executives.

There is no face-to-face presentation. The assessment is based on your achievement as reflected in the submitted materials.

Assumptions

This specification sets the basic parameter. There is flexibility for you to make reasonable assumptions on information not covered by this specification. For example, you may make assumptions on your role, the industry and size of the business. You may choose to use an environment that you are familiar with, through your experience as a staff member, customer or researcher. The assumptions should be presented as part of the background information in the Introduction slide.

Answered Same DayDec 17, 2021

Solution

Deepti answered on Dec 19 2021
58 Votes
Enterprise Resource Planning [erp]
Role of Enterprise Resource Planning [erp]
Student Name
INTRODUCTION
What is ERP?
How has ERP evolved?
Components of ERP
Deployment Methods
Benefits
Challenges
Perspective: Manager from a medium- sized business organization that is outgrowing their basic applications.
What is ERP?
Software solution that functions for an organization in
Integration of business management activities
Accurate strategic decision making
Automate internal operations
Evolution
1960s: Simple programs coded to monitor inventory levels
1970-80s: Manufacturing resource planning systems
1990s: Human Resource Management, Inventory management, operational processes
2000: Web- based ERP supporting e-commerce and business intelligence
ERP Components
Supply Chain Management: Transparency to planning, procurement, demand and supply management
Warehouse Management: Manages products development from initial to delivery stage, tracking operations during recall orde
Product Lifecycle management: Designing and product featuring process follow-up
Inventory Management: Assistance in production cycle operations
ERP Components (Contd.)
Project Management: Tracks all components of organization
Asset Management: Tracks equipment, location, maintenance schedules, waste and plants of organization
Manufacturing: Tracks stocks, assesses future requirements
Marketing: logs client needs and responses, assesses future predictions
Customer Service: Records sales history,...
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