Sunday, 9 February 2020

Manufacturing Perspective of ERP

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Manufacturing Perspective of ERP


You note that the future organizations would be facing a shortage and a redundancy of z l
information.
To solve the problems of “information-glut” arising from the evermore affordable z l
information and communication technologies that provide for evermore high-capacity,
fast, long-distance transmission, organizations would need to introduce methods for
“selective dispersion of information” to their various parts.
Work tasks would be grouped in organizational units created around a common program z l
for information processing.
Improvements in telecommunications will make it easier to control (which will be primarily z l
a matter of information exchange) organizational units dispersed over different parts of the
world. Advances in telecommunications (such as videophone), coupled with diminishing
costs, would result in increased distance-communication.


Database: A collection of related data that can be retrieved easily and processed by computers;
a collection of data tables.
Information: Data that has been processed, organized, and integrated to provide insight. The
distinction between data and information is that information carries meaning and is used to
make decisions.
Management information system (MIS): An MIS consists of five related components: hardware,
software, people, procedures, and databases. The goal of management information systems is to
enable managers to make better decisions by providing quality information.

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