Question

In: Operations Management

Assuming that you are IT manger in your organization and your president asked you to illustrate...

Assuming that you are IT manger in your organization and your president asked you to illustrate and discuss the importance of systems integration that will be achieved by adopting ERP systems. Your answer should include the necessary steps involved, expected benefits, as well as the roles of both ERP system and management in system integration.

Solutions

Expert Solution

Systems integration helps in collating data and information from various business units and creating a seamless view of the organisation processes. It decreases chances of duplication of data and improves data analysis. The necessary steps involves preparing important guidelines that each department needs to follow. The data and processes need to be synchronised with proper formats assigned to them. Essential training needs to be imparted to the department teams for the functioning of the ERP systems and explaining them the uses of the integrated software. ERP systems can be adopted if the goals are clear and the management feeds correct data in the ERP systems. Management can ensure effective use of the ERP systems if they have their units prepared for using the ERP systems that follow the guidelines and procedures. Accuracy of the data and relevance is important as well as sharing it with teams across different functions.

keosha answered 4 months ago
Next > < Previous

Related Solutions

Given the reading thus far, assuming that you are a manger of a multinational corporation. What...
Given the reading thus far, assuming that you are a manger of a multinational corporation. What kind of environmental factors do you consider in making decision that you believe maximize profit? Let us turn the role and that you are a manger of national company. Would the environmental factors you examine in making sound decision differ from those you considered when you were managing multinational company? Why? How?
Assuming that you are the controller for a publicly traded company, your CFO has asked you...
Assuming that you are the controller for a publicly traded company, your CFO has asked you to prepare a presentation for the accounting department personnel and the public auditors about the importance of the SOX Act and the requirements and responsibilities that the Act establishes for the auditors in charge of an annual audit. After the presentation, the CFO wants all accounting personnel and public accounting auditors to understand the regulations and guidelines established by the SOX Act and also...
Assuming that you are the controller for a publicly traded company, your CFO has asked you...
Assuming that you are the controller for a publicly traded company, your CFO has asked you to prepare a presentation for the accounting department personnel and the public auditors about the importance of the SOX Act and the requirements and responsibilities that the Act establishes for the auditors in charge of an annual audit. After the presentation, the CFO wants all accounting personnel and public accounting auditors to understand the regulations and guidelines established by the SOX Act and also...
Assuming that you are the controller for a publicly traded company, your CFO has asked you...
Assuming that you are the controller for a publicly traded company, your CFO has asked you to prepare a presentation for the accounting department personnel and the public auditors about the importance of the SOX Act and the requirements and responsibilities that the Act establishes for the auditors in charge of an annual audit. After the presentation, the CFO wants all accounting personnel and public accounting auditors to understand the regulations and guidelines established by the SOX Act and also...
Assuming that you are the controller for a publicly traded company, your CFO has asked you...
Assuming that you are the controller for a publicly traded company, your CFO has asked you to prepare a presentation for the accounting department personnel and the public auditors about the importance of the SOX Act and the requirements and responsibilities that the Act establishes for the auditors in charge of an annual audit. After the presentation, the CFO wants all accounting personnel and public accounting auditors to understand the regulations and guidelines established by the SOX Act and also...
You have been asked by the president of your company to evaluate the proposed acquisition of...
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck. The truck's basic price is $265,000, and it will cost another $35,000 to modify it for special use by your firm. The truck falls into the MACRS three-year class, and it will be sold after three years for $45,000. Use of the truck will require an increase in net operating working capital (spare parts inventory) of $20,000. The truck will...
You have been asked by the president of your company to evaluate the proposed acquisition of...
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $410,000. The truck falls into the MACRS 3-year class, and it will be sold after 3 years for $66,000. Use of the truck will require an increase in NWC (spare parts inventory) of $6,600. The truck will have no effect on revenues, but it is expected to save the firm $120,000 per year in before-tax operating costs, mainly labor....
You have been asked by the president of your company to evaluate the proposed acquisition of...
You have been asked by the president of your company to evaluate the proposed acquisition of a new spectrometer for the firm’s R&D department. The equipment’s basic price is $70,000 and it would cost another $15,000 to modify it for special use by your firm. The spectrometer, which has a MACRS 3-year recovery period, would be sold after 3 years for $30,000. Use of the equipment would require an increase in net working capital (spare parts inventory) of $4,000. The...
You have been asked by the president of your company to evaluate the proposed acquisition of...
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $50,000. The truck falls into the MACRS 3-year class, and it will be sold after three years for $21,000. Use of the truck will require an increase in NWC (spare parts inventory) of $3,000. The truck will have no effect on revenues, but it is expected to save the firm $16,900 per year in before-tax operating costs, mainly labor....
You have been asked by the president of your company to evaluate the proposed acquisition of...
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $50,000. The truck falls into the MACRS 3-year class, and it will be sold after three years for $19,400. Use of the truck will require an increase in NWC (spare parts inventory) of $1,400. The truck will have no effect on revenues, but it is expected to save the firm $17,100 per year in before-tax operating costs, mainly labor....
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT