In: Economics
Discuss how using the internet has replaced enterprise resource planning. In your answer refer to how firm's use intranets.
Enterprise resource planning (ERP) is explained as the type of of software which firms utilizes in order to run daily business functions like project management, process of accounting, supply chain operations, and other risk management activities. Internet helps to enhance ERP and make it more efficient. When a web based interface system is adopted for the solution in ERP then it forms an enterprise information utility for customer , employees and all related to business. Product design, product manufacturing, distributors and suppliers, products marketing and customers can be easily accessed and facilitates through the web enabling system. In managing chargers internet is helpful for retailers of business. Customer choice can be accessed in real time and selection of appropriate products which has market demand can be identified by producers. Integration of various levels in business can be done through internet. The ERP system can attain a improve strength though the web interface enabling. Manufacturing efficiency is also another benefits of the internet usage in ERP.
The private network used by business is referred to Intranet. Intranet basically boost the security in communication between employees. It also helps in storage of relevant information’s and collaboration in business. Many companies used LAN to connect different areas inside company.
* intranet helps to share information’s easily. When E mails are use to share information between employees it takes lot of time to send mails to various departments. When LAN is used there is no time wastage to share information’s
* For a business there is number of information’s to store. And it is difficult to store in excel or as documents in word or in drives. Intranet is this a great advantage for business to store information’s. Employees can be easily access these information’s.
* Intranets utilizes comments feature and it helps to get feedbacks and it helps to improves employees work.
* Intranet makes as space where thee employees can be free to share information’s and add comments. Transparency to share feelings is benefit for works.