Saturday, 8 February 2020

Erp and Related technology


Erp and Related technology

To enable a company achieve its objectives, it is essential that the management has a clear z l
understanding of the kind of information that needs to be collected, stored, and analyzed.
This information should be consistent with the requirement of the organizational level at
which it is targeted.
Information systems that process data generated from the occurrence of business z l
transactions are called transaction processing systems.
Information systems in many large organizations are combinations of various functional z l
information systems like marketing information systems, manufacturing information
systems, human resource information systems, accounting information systems, and
financial information systems.
An MIS can be defined as an integrated, user – machine system that provides information to z l
support the managerial, operational, and decision – making functions in an organization.
The characteristics of an MIS are that it is management – oriented, management – directed, z l
an integrated system, enables maintenance of a common database, and is flexible.
The functions of an MIS are data collection, data storage, and information presentation. z l
DSSs are used to help in managerial decision-making. z l
A DSS is flexible, based on simple models, and uses a database. z l
An EIS aims at providing timely information to the top management. For the successful z l
implementation of the EIS, a consensus between a senior management person and a project
leader is essential.
OLAP helps in multidimensional analysis and provides timely information. A well z l
designed OLAP can help in efficient data management.

Business Process Management: BPM is a business process approach to improving business activity
and creating automated applications that is supported by a group of new process modelers,
application generators, application interface engines, and performance monitoring software.
Business Process Re-engineering: The analysis and design of workflows and processes within
and between organizations. Business activities should be viewed as more than a collection of
individual or even functional tasks; they should be broken down into processes that can be
designed for maximum effectiveness, in both manufacturing and service environments.
Re-engineering: Re-engineering is the fundamental rethinking and radical redesign of business
processes to achieve dramatic improvements in critical, contemporary measures of performance,
such as cost, quality, service, and speed.
Transaction-Processing System: A system that records and collects data related to exchanges
between two parties. This data forms the foundation for all other information system capabilities.
MIS support typically consists of databases, communication networks, and security controls.

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