Introduction to Enterprise Systems for Management Introduction to Enterprise Systems for Management PART 1. How is the role of an ERP system different from traditional TPS, MIS, DSS, and others? Can an ERP system support all levels of management? ERP is an integrated TPS that facilitates the flow of information between the functional areas of a business, primarily provides an organization with an integrated suite of TPS functionality. The conceptual approach of ERP systems usually improves and streamlines internal business processes that typically require reengineering the prevailing current businesses process hence becoming a core aspect as far as support of all levels of management in an organization is of concern.2. Discuss the evolution of information systems in an organization. How can the use of ERP systems remove information or functional silos in organizations? An information system can be a mainframe, mid-range or network computer concept that allows distributed processing for a group of users accessing the same software application. These systems provide management with control over their data, with various tools to extract data or view data structures and records (Marakas amp. O’Brien, 2012). The role of an information system is to foster a data management environment that is robust and can be expanded according to an organizations strategic plan for information processing. An information system also satisfies diverse information needs in an organization. 3. Among all the ERP components listed in the chapter, which component is most critical in the implementation process and why? The most critical component of ERP in the implementation process is the financial management component. It is the core component of ERP system that gathers financial data from various functional departments within an organization and generates valuable financial reports such as balance sheet, general ledger, trial balance as well as quarterly financial statements that plays a vital role as far as any prevailing business is of concern.4. Discuss the role of ERP in organizations. Are ERP tools used for business process reengineering (BPR) or does BPR occur due to ERP implementation? There are various roles an ERP plays in any prevailing organization. An ERP provides an essence of better integration on the prevailing management. In addition, ERP saves time and money where managers identify and reduce downtime solution that in turn reduces the costs significantly. ERP Are tools used for business process reengineering (BPR) since they assist organization to enhance their daily routines by providing support strategic plans as well as improving financial management which comes as a result of increased precision and consistency.Part 2: 1. Provide examples of ERP components in an organization that you know. Provide examples of the hardware, software, people, processes, and databases. The examples of ERP components in an organization includes. Financial Management Component, Production and Planning component, Human Resource component, Materials and resources management component, Plant Maintenance component, Purchasing Component, Purchasing component and Sales and Distribution Component. The example includes ERP SAP software that unifies and organizes all data and processes within an organization. Other ERP system examples are SAP and Oracle, with the most market share between the two taking in about half of the total dollars spent on ERP, CDC, Epicor, IFS, QAD, Consona, and many more.2. Where are ERP systems heading in the future? Do you agree or disagree with the trends discussed in the chapter? Explain. An ERP solution can play an important role within an organization if implemented correctly. It can boost an organization’s strategies and operations and can increase productivity and help companies cut down on cost. An ERP solution can increase an organization’s security as it allows companies to keep their customer and company information in a secure environment. It can immensely improve the level of communication across different departments. thus allowing managers to make better decisions. The solution also consists of various web based applications that are fast and easy to use. From this reason we articulates that the ERP has better future when executed in any prevailing management.ReferenceMarakas, G. amp. OBrien, J. (2012). Introduction to Information Systems – Loose Leaf [Loose Leaf]. Washington DC: McGraw-Hill/Irwin.
Discussion Questions Chapter 1