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Tuesday, February 19, 2019

Information Systems in Scm and Erp Essay

2.1.IntroductionWith the variety of requirements for discipline within notees, most(prenominal) product linees tend to bring forth several selective study systems operating at the same time. Executives require information to plan for the future, middle focussing require information to monitor and curtail whilst employees require information to help them carry out their duties. In this endeavor we look at information systems in affix filament oversight and effort resource oversight.2.2.DiscussionThere are various types of information systems, these take on office automation systems, transactional extremitying systems, decision support systems, heed information systems and knowledge management systems. In identifying the use of information systems in enterprise resource mean and supply chain management, we first have to catch what these represent.2.2.1Review of information Systems, ERP and SCM data systems are an integrated set of components for collecting, storing, processing and communication information. Organisations rely on information systems to manage their operations and compete in the marketplace potently and efficiently. Information systems rely on three differentiate resources i.e. technology, people and information. Bocij et al. (2008) describe enterprise resource planning (ERP) as systems that pass on a single solution with integrated responsibilitys and a unified database for study business functions across the value chain for example finance, sales, distribution, marketing and military man resource management. ERP systems enable efficient planning, managing, and controlling of each core business processes across multiple locations. According to Bocij et al.(2008) supply chain management (SCM) consists of a series of activities that moves existent from suppliers through operations to customers. SCM enables more efficient management of the supply chain by integrating the links in a supply chain which may include suppliers , manufacturer, wholesalers, retailers and final customers.2.2.2Information Systems in confer Chain ManagementInformation systems are critical to a supply chain management. They automate simple and complex tasks and provide management with reports concerning logistics. Information systems in supply chain management analyse the flow of products and provide information and status on items, determine profitability and the most in effect(p) way to manage take stock. The information system enables the retailer to identify farm animal levels, inventory turnover rates while identifying usable warehouse space. Information systems are utilise to optimize the logistical process such as receiving, storage and distribution. The role of an information system is to collect raw data for transaction processing.Through specialized reporting and enquiries, the system produces reports to assist management to make decisions which impact operations. Compiled data is used to determine strategies wh ich impact inventory costs, distribution costs and product cycles. Added benefits of information systems in supply transplant management include the ability for customers to extend the delivery of an item with an delegate tracking number and management of inventory based expiry dates or no sell by dates i.e. last in, first out or first in, first out (Unknown).2.2.3Information Systems in Enterprise Resource thinkEnterprise Resource Planning (ERP) systems refer to the software packages that integrate all the data and the related processes of an organisation into a unified Information System. It is designed to facilitate the administration and optimisation of internal business processes across an enterprise. ERP is used extensively by larger retail chains as a competitive tool for efficiency. ERP software uses a single database that allows different departments to channelise with each other through information sharing. ERP systems serve an important function by integrating separate business functions such as material management, product planning, sales, distribution, finance and HR, into a single application.Hyperone would benefit from an integrated groundwork which continuously monitors and dispatches the necessary information of the flow of goods from supplier to cash register. Flexible, process efficient and reliable information are critical to retail business and ERP packages have been introduced to tackle IT complexity. Some ERP retail solutions include critical functions comparable inventory tracking, tell aparting and replenishment, loss prevention and task management. ERP systems help in the decision making process such as formulating pricing strategies, merchandise planning, inventory optimisation and store work. They also help in managing workflow through automation which enables management to monitor and control inefficiencies in processes (unknown2011)The mention components of a retail ERP system include* Merchandise management which includ es activities such as the setting up, maintenance and management of the retail outlet, keeping track of the prices of the items, inventory, and the different vendors etc., facilitating a more efficient retail option. * Retail planning which enables retailers to plan activities at a large and small scale, factoring in economies of scale to achieve desired efficiencies. * Supply chain planning and execution enables a retailer to run the business more efficiently by closely monitoring and managing their supply chains. However, it must be noted that most ERP systems need to integrate with other systems such as management information systems (MIS), business intelligence (BI) or data mining tools in order to extract, analyse and construct data into readable information.2.3.ConclusionInformation systems are constitutional to enterprise resource planning and supply chain management for the effective management of information across all functions of the business. Both supply chain managemen t and enterprise resources planning systems comprise of transactional processing systems and with integrated management information systems they provide crucial information in a seasonable manner.

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