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features of erp inventory management: Inventory and Production Management in Supply Chains Edward A. Silver, David F. Pyke, Douglas J. Thomas, 2016-12-19 Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries. |
features of erp inventory management: Spare Parts Inventory Management Phillip Slater, 2016-11-25 Overview No previous works have focused on the topic of inventory reduction and optimization to the extent that this one does. Spare Parts Inventory Management: A Complete Guide to Sparesology(tm) by Philip Slater covers the whole part's life cycle, from initial purchase to final disposal, and addresses issues throughout, including maintenance, repair, and overhaul (MRO). The author, Phillip Slater, was described in a recent podcast as truly one of the leaders in the MRO information segment. Sparesology is a term coined by Slater to describe the discipline of optimizing the physical, financial, and human resource management processes of spare parts inventory management. Sparesology is much more than just inventory optimization. It involves an understanding of the complete ecosystem, within which the spare parts inventory is managed, and seeks to ensure that all of the factors influencing this management work together to achieve an organization's goals. |
features of erp inventory management: Lean Performance ERP Project Management Brian J. Carroll, 2007-12-20 Lean thinking is too often narrowly focused on physical processes, causing serious shortcomings, which limit Lean‘s substantial benefits. Lean Performance ERP Project Management: Implementing the Virtual Lean Enterprise, Second Edition presents a lean business process design and implementation project management methodology that integrates strategy, people, process, information technology, and lean to manage the project implementation of the Virtual Lean Enterprise. This book uses a conversational tone to facilitate understanding of concepts. It demonstrates the need to connect Lean Performance with IT to achieve maximum lean benefits. It discusses the best business process methodologies and how to integrate them. The text also features a lean tool kit that requires participation from all departments of an organization. |
features of erp inventory management: Enterprise Resource Planning Systems Daniel E. O'Leary, 2000-07-31 An examination of the pros and cons of ERP systems and their role in e-commerce. |
features of erp inventory management: Managing and Using Information Systems Keri E. Pearlson, Carol S. Saunders, Dennis F. Galletta, 2019-11-13 Managing & Using Information Systems: A Strategic Approach provides a solid knowledgebase of basic concepts to help readers become informed, competent participants in Information Systems (IS) decisions. Written for MBA students and general business managers alike, the text explains the fundamental principles and practices required to use and manage information, and illustrates how information systems can create, or obstruct, opportunities within various organizations. This revised and updated seventh edition discusses the business and design processes relevant to IS, and presents a basic framework to connect business strategy, IS strategy, and organizational strategy. Readers are guided through each essential aspect of information Systems, including information architecture and infrastructure, IT security, the business of Information Technology, IS sourcing, project management, business analytics, and relevant IS governance and ethical issues. Detailed chapters contain mini cases, full-length case studies, discussion topics, review questions, supplemental reading links, and a set of managerial concerns related to the topic. |
features of erp inventory management: Compendium on Enterprise Resource Planning Siar Sarferaz, 2022-04-01 This book explains the functional scope, the data model, the solution architecture, the underlying engineering concepts, and the programming model of SAP S/4HANA as the most well-known enterprise resource planning (ERP) system. The approach is to start with general concepts and then to proceed step-by-step to concrete implementations in SAP S/4HANA. In the first part the reader learns about the market view of ERP solutions and vendors. The second part deals with the business processes for sales, marketing, finance, supply chain, manufacturing, services, procurement, and human resources which are covered with SAP S/4HANA. In the third part the underlying concepts of SAP S/4HANA are described, for example in-memory storage, analytics and search, artificial intelligence, process and data integration, security and compliance, lifecycle management, performance and scalability, configuration and implementation. The book is concluded with a final chapter explaining how to deploy an appliance to explore SAP S/4HANA. The target audience for the book are managers and business analysts who want to understand the market situation and future ERP trends, end users and process experts who need to comprehend the business processes and the according solution capabilities provided with SAP S/4HANA, architects and developers who have to learn the technical concepts and frameworks for enhancing SAP S/4HANA functionality, and consultants and partners who require to adopt and configure SAP S/4HANA. |
features of erp inventory management: Microsoft Dynamics 365 For Dummies Renato Bellu, 2018-10-23 Accelerate your digital transformation and break down silos with Microsoft Dynamics 365 It’s no secret that running a business involves several complex parts like managing staff, financials, marketing, and operations—just to name a few. That’s where Microsoft Dynamics 365, the most profitable business management tool, comes in. In Microsoft Dynamics 365 For Dummies, you’ll learn the aspects of the program and each of its applications from Customer Service to Financial Management. With expert author Renato Bellu’s clear instructions and helpful tips, you’ll be managing to your fullest advantage before you know it. Let’s get started! Digitally transform your business by connecting CRM and ERP Use data to make decisions across all business functions Integrate Dynamics 365 with Office 365 and LinkedIn Manage financials and operations Are you running a dynamic business? This book shows you how! |
features of erp inventory management: The IOMA Handbook of Logistics and Inventory Management Institute of Management and Administration (IOMA), 2002-10-01 Practical, easy-to-implement advice on the most successful logistics management techniques being used today--from selecting the best carriers, setting logistics performance goals, and planning logistics strategies, to streamlining shipping and receiving and slashing logistics costs, and negotiating and managing third party logistics service providers. |
features of erp inventory management: Integrated Business Processes with ERP Systems Simha R. Magal, Jeffrey Word, 2011-08-24 Integrated Business Processes with ERP Systems, 1st Edition, provides a comprehensive introduction to business processes and ERP concepts. The authors have based this textbook on the official SAP ERP training curriculum so that readers will be very well prepared to take and pass the entry-level consultant certification exam from SAP. This certification is the ticket to the highest paying jobs and is extremely sought after by SAP customers and partners. The authors have the full support of the SAP University Alliance program to promote this book as the gold standard for SAP courses. |
features of erp inventory management: Intelligent Systems Design and Applications Ajith Abraham, Aswani Kumar Cherukuri, Patricia Melin, Niketa Gandhi, 2019-04-11 This book highlights recent research on Intelligent Systems and Nature Inspired Computing. It presents 212 selected papers from the 18th International Conference on Intelligent Systems Design and Applications (ISDA 2018) and the 10th World Congress on Nature and Biologically Inspired Computing (NaBIC), which was held at VIT University, India. ISDA-NaBIC 2018 was a premier conference in the field of Computational Intelligence and brought together researchers, engineers and practitioners whose work involved intelligent systems and their applications in industry and the “real world.” Including contributions by authors from over 40 countries, the book offers a valuable reference guide for all researchers, students and practitioners in the fields of Computer Science and Engineering. |
features of erp inventory management: Management Information Systems : Made Easy Dr. Padmakar Shahare I Dr Ajay Pethe I Dr. Mukul Burghate, Rapid globalization coupled with the growth of the Internet and Information Technology (IT) has led toa complete transformation in the way businesses or organizations function today. This has not only affectedthe management culture but has also led to an increase in competition in terms of markets and resources.Businesses have become more customer-driven and e-business is gaining popularity. Traditional means ofcommunication/correspondence have given way to online dealings, e-mails and chats. With such a radicalshift in the approach to doing business, came the need for specialized systems to handle the variousdepartments and functions in an organization.Management Information System or MIS is an organized and well-structured system used by organizationsfor the collection, storage, processing and dissemination of data in the form of information that facilitatesthe smooth functioning of the organization. Management information systems involve three primaryresources: people, technology and information or decision-making.It is in this context, a textbook on introduction to the subject of MIS is presented to the students ofManagement program. The book contains the syllabus from basics of the subjects going into the intricaciesof the subjects. All the concepts have been explained with relevant examples and diagrams to make itinteresting for the readers.An attempt is made here by the experts to assist the students by way of providing case based studymaterial as per the curriculum with non-commercial considerations. However, it is implicit that these areexam-oriented Study Material and students are advised to attend regular class room classes in theInstitute and utilize reference books available in the library for In-depth knowledge.We owe to many websites and their free contents; we would like to specially acknowledge contents ofwebsite www.wikipedia.com and various authors whose writings formed the basis for this book. Weacknowledge our thanks to them.At the end we would like to say that there is always a room for improvement in whatever we do. We wouldappreciate any suggestions regarding this study material from the readers so that the contents can be mademore interesting and meaningful. Readers can email their queries and doubts to our authors onsjp10ng@gmail.com.We shall be glad to help you immediately. Authors: Dr. Padmakar Shahare I Dr Ajay Pethe I Dr. Mukul Burghate |
features of erp inventory management: ERP Adoption in Organizations Hamidur Rahaman Shibly, ABM Abdullah, Md Wahid Murad, 2022-09-13 This book examines the factors that shape the adoption and continuous usage of new technology by employees in organizations. While within an organization new technology adoption has evolved from its traditional role to a more strategic one, the appropriate adoption of new technology can only add value to organizations. Identifying the factors that influence this adoption process is crucial for successful adoption of new technology in organizations. The study presented in this book focuses on individual, organizational, social, and industrial factors and uses those to offer a comprehensive model of Enterprise Resource Planning (ERP) application adoption. It contributes towards understanding employees’ acceptance and adoption of enterprise-level technological innovation, allowing organizations to create a work environment conducive to individual implementation and acceptance of new technology. It appeals to researchers interested in studying the adoption of ERP and other innovative technologies in organizations. |
features of erp inventory management: Managing Enterprise Resource Planning Adoption and Business Processes Chuck C.H. Law, 2019-04-03 The recent decades have witnessed many ERP failures attributable to a plethora of mistakes, and the author writes this book aiming to correct these malpractices concerning ERP adoption. The author presents an adoption methodology, called the Full Lifecycle ERP Adoption Reference (FLEAR) model, to promote holistic project management. Furthermore, from a holistic perspective, successful ERP adoption cannot be achieved in isolation of other business and organizational issues such as IT-business strategic alignment, IT governance, change management, and business process changes. Unlike many ERP books in the market which cover mostly technical deployment issues, this book also addresses the aforesaid business-related issues. Theoretical discussions are supported by extensive research, and practical experience drawn from North American and international contexts to benefit practitioners involved in international assignments. Thus, this book will benefit not only MIS personnel, but also non-technical business practitioners. It will also be a useful supplement for university-level MIS and business process management courses. |
features of erp inventory management: Foundations of Inventory Management Paul Zipkin, 2000-01-24 Foundations of Inventory Management presents a complete treatment of inventory theory and models for use in advanced undergraduate, masters, or PhD courses in Operations research, manufacturing management or Operations management. Coverage is organized into an introductory section, followed by a section focused on predictable supply and demand, and the third section covering stochastic inventory models. Many recent developments related to or impacting inventory such as ERP systems, supply chain management, JIT, and ERP systems are integrated within the text. The text presents inventory as a critical topic for virtually all businesses today and one in which theory and practice are closely linked. Prequisite coursework for students of this text would include basic optimization theory, stochastic processes, and dynamic programming. The text includes examples as well as rigorous assignment problem sets. |
features of erp inventory management: ERP Systems for Manufacturing Supply Chains Odd Jøran Sagegg, Erlend Alfnes, 2020-02-24 ERP Systems for Manufacturing Supply Chains: Applications, Configuration, and Performance provides insight into the core architecture, modules, and process support of ERP systems used in a manufacturing supply chain. This book explains the building blocks of an ERP system and how they can be used to increase performance of manufacturing supply chains. Starting with an overview of basic concepts of supply chain and ERP systems, the book delves into the core ERP modules that support manufacturing facilities and organizations. It examines each module’s structure and functionality as well as the process support the module provides. Cases illustrate how the modules can be applied in manufacturing environments. Also covered is how the ERP modules can be configured to support manufacturing supply chains. Setting up an ERP system to support the supply chain within single manufacturing facility provides insight into how an ERP system is used in the smallest of manufacturing enterprises, as well as lays the foundation for ERP systems in manufacturing organizations. The book then supplies strategies for larger manufacturing enterprises and discusses how ERP systems can be used to support a complete manufacturing supply chain across different facilities and companies. The ERP systems on the market today tend to use common terminology and naming for describing specific functions and data units in the software. However, there are differences among packages. The book discusses various data and functionalities found in different ERP-software packages and uses generic and descriptive terms as often as possible to make these valid for as many ERP systems as possible. Filled with insight into ERP system’s core modules and functions, this book shows how ERP systems can be applied to support a supply chain in the smallest of manufacturing organizations that only consist of a single manufacturing facility, as well as large enterprises where the manufacturing supply chain crosses multiple facilities and companies. |
features of erp inventory management: UGC NET Management Paper II Chapter Wise Note Book | Complete Preparation Guide EduGorilla Prep Experts, 2022-09-15 • Best Selling Book in English Edition for UGC NET Management Paper II Exam with objective-type questions as per the latest syllabus given by the NTA . • Increase your chances of selection by 16X. • UGC NET Management Paper II Kit comes with well-structured Content & Chapter wise Practice Tests for your self evaluation • Clear exam with good grades using thoroughly Researched Content by experts. |
features of erp inventory management: Enterprise Resource Planning: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2013-06-30 The design, development, and use of suitable enterprise resource planning systems continue play a significant role in ever-evolving business needs and environments. Enterprise Resource Planning: Concepts, Methodologies, Tools, and Applications presents research on the progress of ERP systems and their impact on changing business needs and evolving technology. This collection of research highlights a simple framework for identifying the critical factors of ERP implementation and statistical analysis to adopt its various concepts. Useful for industry leaders, practitioners, and researchers in the field. |
features of erp inventory management: INVENTORY MANAGEMENT Prabhu TL, Inventory management aids businesses in determining which goods to order and when to order it. It keeps track of merchandise from purchase to sale. The practise monitors and reacts to trends to guarantee that there is always enough stock to satisfy client orders and that shortages are detected early. Inventory becomes revenue if it is sold. Inventory ties up cash before it sells, despite the fact that it is reported as an asset on the balance sheet. As a result, having too much inventory costs money and lowers cash flow. Inventory turnover is one indicator of good inventory management. Inventory turnover is an accounting metric that shows how frequently stock is sold over time. A company does not want to have more inventory than it can sell. Deadstock, or unsold inventory, can result from low inventory turnover. What Is the Importance of Inventory Management? Inventory management is critical to a business's success since it ensures that there is never too much or too little goods on hand, reducing the danger of stockouts and erroneous records. Inventory tracking is required by the Securities and Exchange Commission (SEC) and the Sarbanes-Oxley (SOX) Act for public corporations. To demonstrate compliance, businesses must document their management practises. Inventory Management's Advantages Inventory management has two key advantages: it assures that you can fulfil incoming or open orders and it increases earnings. Inventory control also entails: Saves Money: Knowing stock trends allows you to know how much and where you have anything in stock, allowing you to make better use of what you have. This also allows you to hold less stock at each location (store, warehouse), as you can fulfil orders from anywhere – all of this lowers inventory costs and reduces the quantity of product that goes unsold before it becomes obsolete. Improves Cash Flow: Proper inventory management allows you to spend money on inventory that sells, allowing cash to flow freely throughout the company. Customers are satisfied: ensuring that customers obtain the things they desire without having to wait is an important part of building loyal customers. |
features of erp inventory management: Supply Chain Management Bharti, Shikha Singh, Anand Pandey, Amit Sachan, 2024-10-17 The reference text discusses fundamental principles, planning, sourcing, demand forecasting, and supply forecasting in the field of supply chain management. It further highlights the important aspects of supply chain management such as resource planning, inventory management, quality tools, and documentation in logistics. It demonstrates the issues, barriers, emerging trends, and technological advances in supply chain management. This book: Discusses the principles of resource planning and inventory management in supply chain management. Covers aspects of competing strategies and networking management. Presents case studies highlighting ongoing practices and real-time issues in supply chain management. Highlights the importance of demand and supply forecasting in the field of supply chain management. Explains quality tools, emerging trends, challenges, and barriers in supply chain management. It is written primarily for senior undergraduate and graduate students, and academic researchers in the fields of industrial engineering, production engineering, mechanical engineering, management, supply chain management, and manufacturing engineering. |
features of erp inventory management: Accounting Information Systems Arline A. Savage, Danielle Brannock, Alicja Foksinska, 2024-01-08 |
features of erp inventory management: The Lean Sustainable Supply Chain Robert Palevich, 2012 This title provides comprehensive new best practices for building sustainable, 'green and lean' supply chains, from one of the field's most respected experts. |
features of erp inventory management: Electronic Business: Concepts, Methodologies, Tools, and Applications Lee, In, 2008-12-31 Enhances libraries worldwide through top research compilations from over 250 international authors in the field of e-business. |
features of erp inventory management: E-Enabled Operations Management Jean-Pierre Briffaut, 2015-06-29 Although the theory of operations management has been presented in many textbooks published in the last two decades, the subject of e-enabled operations management is rather short of easily accessible literature. The approach to operations management described in this book is unusual with respect to what is found in standard textbooks. Information and Communication Technologies (ICT) impact the ways firms are organised and managed, and as a consequence change the practical means used to conduct business operations. The features of this book are threefold. System approach to business modelling: Business activities, controlling functions and associated information systems are described within a coherent analytical system framework allowing a clear understanding of the various current control and costing concepts. Operations costing is not usually included in textbooks as part of operations management, but it should be. Cost targeting has become an integral part of good practice of business management. Validity of models: Apparently simple models are analyzed in depth. Students must be fully aware of the assumptions made when models are formulated and of their conditions of validity. Applying a model implies automatically that assumptions of a sort are taken for granted. Logistics, procurement and quality management: These three business functions are critical key success factors for managing e-enabled supply chains from suppliers to customers. That is why their main tools are introduced in this document. |
features of erp inventory management: Handbook of Research on Enterprise 2.0: Technological, Social, and Organizational Dimensions Cruz-Cunha, Maria Manuela, 2013-07-31 Workplace technology is evolving at an accelerated pace, driving innovation, productivity, and efficiency to exceedingly high levels. Businesses both small and large must keep up with these changes in order to compete effectively with fellow enterprises. The Handbook of Research on Enterprise 2.0: Technological, Social, and Organizational Dimensions collects the most recent developments in evaluating the technological, organizational, and social dimensions of modern business practices in order to better foster advances in information exchange and collaboration among networks of partners and customers. This crucial reference supports managers and business professionals, as well as members of academia, IT specialists, and network developers in enhancing business practices and obtaining competitive advantage. |
features of erp inventory management: Cloud Technologies Roger McHaney, 2021-03-26 Contains a variety of cloud computing technologies and explores how the cloud can enhance business operations Cloud Technologies offers an accessible guide to cloud-based systems and clearly explains how these technologies have changed the way organizations approach and implement their computing infrastructure. The author—a noted expert on the topic—includes an overview of cloud computing and addresses business-related considerations such as service level agreements, elasticity, security, audits, and practical implementation issues. In addition, the book covers important topics such as automation, infrastructure as code, DevOps, orchestration, and edge computing. Cloud computing fundamentally changes the way organizations think about and implement IT infrastructure. Any manager without a firm grasp of basic cloud concepts is at a huge disadvantage in the modern world. Written for all levels of managers working in IT and other areas, the book explores cost savings and enhanced capabilities, as well as identifies different models for implementing cloud technologies and tackling cloud business concerns. This important book: Demonstrates a variety of cloud computing technologies and ways the cloud can enhance business operations Addresses data security concerns in cloud computing relevant to corporate data owners Shows ways the cloud can save money for a business Offers a companion website hosting PowerPoint slides Written for managers in the fields of business, IT and cloud computing, Cloud Technologies describes cloud computing concepts and related strategies and operations in accessible language. |
features of erp inventory management: Sustainability in Supply Chain Management (Collection) Peter A. Soyka, Robert Palevich, Steven M. Leon, 2013-10-03 A brand new collection of cutting-edge sustainable supply chain solutions… 3 authoritative books, now in a convenient e-format, at a great price! 3 authoritative eBooks deliver state-of-the-art guidance for leveraging supply chain sustainability to maximize business value Organizations that prioritize sustainability are well positioned to increase profitability, reduce risk, and attract better customers, talent, and investors. This unique 3 eBook package brings together all the techniques, best practices, and case studies you need to make sustainability work throughout your supply chain. In The Lean Sustainable Supply Chain, Robert Palevich illuminates the business benefits of combining lean and green, offering start-to-finish guidance for redesigning company infrastructure and technologies to achieve these benefits. Through a comprehensive case study, he shows how to manage change, innovation, talent, execution, inventory, warehousing, and transportation; integrate supply chain sustainability into business scorecards; make more effective use of 3PLs, information systems, and much more. He systematically addresses key technical issues ranging from forecasting methodologies and supplier integration to carbon tracking and quantifying lean savings. Next, in Creating a Sustainable Organization, Peter Soyka shows how to choose the right sustainability strategies, and then manage and measure them well. Soyka's actionable guide bridges the disparate worlds of the EHS/sustainability professional and the investor/analyst. Discover what the evidence says about linkages between sustainability and value… how to manage key stakeholder relationships influencing corporate response to EHS and social equity issues… how to effectively manage sustainability throughout the business… how to evaluate sustainability posture and performance from the standpoint of external investors and internal management… how to maximize the influence of organizational actors focused on sustainability, and much more. Finally, the Sustainability in Supply Chain Management Casebook is the firstcomprehensive collection of original case studies on building sustainability into the supply chain. Steven Leon covers a wide spectrum of social, economic and environmental issues, as well as new areas such as closed-loop supply chains. Topics include strategy, implementation, decision making, transportation, supplier relationships, collaboration, lean, continuous improvement, finance/economics, worker safety and rights, procurement, production, delivery, packaging, logistics, reverse logistics, and global supply chains. Each case study is supported with an authoritative introduction, teaching notes, and Q-and-A sections. Whatever your role in the sustainable supply chain, this collection will help you transform its promise into reality. From world-renowned sustainable supply chain experts Robert Palevich, Peter A. Soyka, Stephen M. Leon |
features of erp inventory management: Accounting Arena Kunal Jajal, 2023-08-04 Accounting Arena 📚 Introducing the Accounting Arena book – Your ultimate guide to mastering the fundamentals of accounting! 📚 Discover the comprehensive journey through the world of finance! 🚀 Act now and embrace the world of accounting knowledge at your fingertips. 🎯 Happy learning! |
features of erp inventory management: Multidisciplinary International Conference on Innovations in Education Science & Technology ICIEST-2023 Prof. (Dr.) B.K Sarkar, Prof. (Dr.) Reena Singh, Prof. (Dr.) Vandana Singh, Miss. Shikha Mishra, Mr. Pawan Kumar, Miss. Pari Nidhi Singh, 2023-12-15 The central motive of the International Conference is to throw up a number of new ideas and solutions to address the present-day challenges in the fields of 1: Science, Technology, Engineering and Mathematics. 2: Economics / Accounts. 3: Architecture and Design, Business, Divinity, Education, Engineering, Environmental Studies and Forestry, Family and Consumer Science, Health Sciences ,Human Physical Performance and Recreation, Journalism, Media Studies and Communication ,Law ,Library and Museum Studies ,Military Sciences ,Public Administration ,Social Work ,Transportation, Fine arts, Agricultural education, Management ,Social sciences , Physics, Chemistry, Business and commerce. 4: Health oriented education, Medical, Pharmacy, Dentel, Ayurveda, and Yoga. 5: English, Regional Language(s), Maths, Science, Social Sciences, Physical Education Computer Basics, Arts (Drawing) 6: History, Languages and linguistics, Literature, Performing arts, Philosophy, Religion and Religious studies, Visual arts. 7: Anthropology, Archaeology, Area Studies, Cultural and Ethnic Studies, Economics Gender and Sexuality Studies, Geography, Political Science, Psychology, Sociology. 8: Chemistry, Earth Sciences, Life Sciences, Physics, Space Sciences. 9: Computer Sciences, Logic, Mathematics, Statistics, Systems Science. The scope of the conference is broad and covers many aspects of international research prospective. This conference aims to provide a scholarly platform for participants to publish their research in reputed International Journals. The authors have incredible opportunity to present/5- Minute Video their research virtually and present findings worldwide that will not only help them gain the necessary exposure that they need to make their research work known in global scientific circles but also open the door to incredible opportunities for collaboration and conducting further research. |
features of erp inventory management: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
features of erp inventory management: NetSuite ERP for Administrators Anthony Bickof, 2018-06-29 Learn steps and tasks to help a NetSuite administrator perform both his daily and monthly tasks efficiently. Advance his expertise to become NetSuite leader without having to spend time and money on corporate trainings. Key Features Understand the business considerations and implementation of the NetSuite ERP Gain a deep knowledge of enterprise security, data management, process automation, and analytics Learn techniques to sail through system maintenance while ensuring accuracy and to practically troubleshoot issues Book Description NetSuite ERP is a complete, scalable cloud ERP solution targeted at fast-growing, mid-sized businesses and large enterprises. It's the smartly executed combination of financial management operations and built-in business intelligence, which enables companies to make data-driven and well-informed decisions. This book will help administrators become expert enough to be seen as the NetSuite leader at their company and to be able to advise department heads on specific processes, and strategic decisions. We start with an overview of ERP and NetSuite ERP, before going on to explain the built-in features to show the breadth of NetSuite ERP's product and its ease of use. We then discuss business aspects, focusing on the most important processes in NetSuite. Then you'll understand the implementation aspects that are generic enough to cover all the features. The focus then shifts to specific skills that you will need to administer for any system, such as roles, permissions, customization, and data imports. Moving on, you'll learn how to centralize the creation of search templates and give users the tools to pivot the data and expose it to the user in useful ways, such as on the dashboard. The book ends with checklists providing actionable steps that you as an administrator can take to do your job and support the application through new releases and troubleshooting problems. What you will learn Provide executives with meaningful insights into the business A Framework to streamline the implementation of new and existing features Leverage built-in tools to optimize your efficiency and effectiveness Test configuration to check the implementation of role-specific permissions Understand how to optimize the amount of data to be shared with users Import data like new leads and employ current data like pricing updates Perform on-going maintenance and troubleshoot issues Who this book is for This book is for administrators, consultants, and Project Managers who would like to improve their skills in the areas of configuration and system management. Basic experience implementing NetSuite is assumed. |
features of erp inventory management: The Dream: A Step-by-Step Guide to Starting Your Online 7-figure Children’s Clothing Boutique Elizabeth Lauren , 2024-02-19 The Dream: A Step-by-Step Guide to Starting Your Online 7-figure Children’s Clothing Boutique 🚀 Ready to Launch Your Dream? 🚀 Introducing The Dream: A Step-by-Step Guide to Starting Your Online 7-figure Children’s Clothing Boutique. Get ready to turn your passion into profit with this unique blueprint guide. Are you a fashion-forward mompreneur or dadpreneur with a vision for success? Dive into the world of children's fashion with confidence and clarity. Our comprehensive ebook will walk you through every step of the journey, from conceptualizing your boutique to making those first sales. 👗 Unlock the Secrets of Success: - Discover the appeal and potential of the kids clothing market. - Navigate the challenges and benefits of online boutique ownership. - Set realistic goals and milestones for your venture. 🛍️ Build Your Empire: - Find your niche within the children's fashion market. - Craft a winning business plan and structure. - Source suppliers, manage inventory, and optimize your website. 📢 Master Marketing Magic: - Develop a strategic marketing plan that resonates with your audience. - Harness the power of social media, influencer collaborations, and email campaigns. - Provide exceptional customer service and build brand loyalty. 💡 Learn from the Best: Written by industry expert and seasoned mompreneur, The Dream is packed with actionable insights, insider tips, and real-world examples to inspire and empower you on your journey to success. 🌟 Your Dream Awaits – Start Today: Don't let your dreams stay dreams. Take the leap and launch your online kids clothing boutique with confidence. Grab your copy of Launch Your Dream now and embark on the path to entrepreneurial greatness! Ready to turn your passion into profit? Order your copy now! 🌈👶👕 |
features of erp inventory management: Tally ERP 9 (Power of Simplicity) SHRADDHA SINGH, 2015-06-01 Tally.ERP 9 is the latest ERP offering of the Tally software series. This book gives you an in-depth knowledge of working with Tally.ERP 9 in a precise and easy to understand language with lots of examples and illustrations. It begins with the basic concepts of accounting so that the beginners in this field can get the desired knowledge before laying their hands on Tally.ERP 9. All the topics from creating a company in Tally.ERP 9 to adding Godowns, Stock Items, Ledger Accounts, etc. are covered in detail with examples. The book also covers the Payroll Inventory System and its related entries in an easy to understand language, and in the end, you are introduced to the basics of Tally.NET. Therefore, the book is a must read for all, who wish to learn the latest version of Tally, particularly, it's a boon in disguise for the students from commerce background. |
features of erp inventory management: Navigating Enterprise Resource Planning: Streamlining Operations for Success Satish Jawale, 2023-05-27 In this insightful book, Satish Jawale delves into the world of Enterprise Resource Planning (ERP) and its significance in today's business landscape. Drawing from his extensive expertise, Satish provides valuable insights and practical guidance on how businesses can streamline their operations and achieve success through effective ERP implementation. Covering key topics such as ERP selection, implementation strategies, data management, and the benefits of ERP integration, this book serves as a comprehensive resource for business owners and executives looking to harness the power of ERP systems. Satish Jawale's expertise and industry knowledge shines through in this engaging and informative read, making it an essential guide for anyone seeking to navigate the complexities of ERP and optimize their business operations. Navigating Enterprise Resource Planning is now available to readers worldwide, and we invite you to support the author and embark on a journey towards operational excellence and success. Join us in congratulating Satish Jawale on the publication of his first book, and be sure to grab your copy today to gain valuable insights into streamlining your business operations with ERP. Together, let's empower businesses for a brighter future! |
features of erp inventory management: Transdisciplinary Engineering for Resilience: Responding to System Disruptions L. Newnes, 2021-11-17 No one discipline or person can encompass all the knowledge necessary to solve complex, ill-defined problems, or problems for which a solution is not immediately obvious. The concept of Concurrent Engineering (CE) – interdisciplinary, but with an engineering focus – was developed to increase the efficiency and effectiveness of the Product Creation Process (PCP) by conducting different phases of a product’s life concurrently. Transdisciplinary Engineering has transcended CE, emphasizing the crucial importance of interdisciplinary openness and collaboration. This book presents the proceedings of the 28th ISTE International Conference on Transdisciplinary Engineering (TE2021). Held online from 5 – 9 July 2021 and entitled ‘Transdisciplinary Engineering for Resilience: Responding to System Disruptions’, this is the second conference in the series held virtually due to the COVID-19 pandemic. The annual TE conference constitutes an important forum for international scientific exchange on transdisciplinary engineering research, advances, and applications, and is attended by researchers, industry experts and students, as well as government representatives. The book contains 58 peer-reviewed papers, selected from more than 80 submissions and ranging from the theoretical and conceptual to strongly pragmatic and addressing industrial best practice. The papers are grouped under 6 headings covering theory; education and training; PD methods and digital TE; industry and society; product systems; and individuals and teams. Providing an overview of the latest research results and knowledge of product creation processes and related methodologies, the book will be of interest to all researchers, design practitioners, and educators working in the field of Transdisciplinary Engineering. |
features of erp inventory management: Enterprise Resource Planning : A Managerial & Technical Perspective S. Parthasarthy, 2007-12 Management is becoming a more and more exacting job today. Competition is the spirit of the enterprise now. Accuracy and speed are the most important requirements in this. And it now involves the integration and comprehension of details and information from many segments of the business. The daunting task is, however, made possible by the revolutions in Information Technology. Enterprise Resource Planning (ERP) is primarily an enterprise wide system that can accommodate corporate mission, objectives, attitudes, beliefs, values, operating style and people who make the organization. The inadequacy of the old system is the mother of this invention. Enterprise Resource Planning (ERP): A Managerial and Technical Perspective is designed as a textbook that bridges the unaddressed gap between managerial issues and technical issues, providing also some case studies. |
features of erp inventory management: The Impact of ERP on the Effectiveness of Business Process Management Shorouk Sherif, 2019-03-22 Research Paper (undergraduate) from the year 2018 in the subject Computer Science - Commercial Information Technology, grade: A-, German University in Cairo, language: English, abstract: Enterprise Resource Planning (ERP) is a software that consists of a group of applications and tools that aim mainly to monitor business functions, operations and processes across an organization, providing reliable information to different units of the company such as finance and accounting, sales and distribution, human resources and others. In addition, with the daily evolution of information technology, the ERP system has been progressing and building itself for the last two decades, until it took the shape we all know now. On the other hand, Business Process Management (BPM) can be identified as the discipline that reaches for the maximum control and management of organizational structure and format of the business processes, which eventually leads to enhanced business process management. This research paper is exploring the impact of ERP on the effectiveness of business process management by evaluating ERP potential development on business processes and how automation provided by ERP would affect these processes. In addition, this study aims to demonstrate the functionalities of ERP, and their possible positive effect the system may have on business performance, even though some studies argue that not all ERP implementation project succeed. The paper is organized as follows: the first section will discuss ERP's definition, evolution and history, functionalities, the implementation stages of ERP systems, benefits of ERP and the cloud ERP and its types. The second section will discuss the definition of business processes management. In addition, the BPM methodologies including business process architecture, how to make the right choice for methodology and process classification framework. The last section will discuss and explore how investing in ERP can improve BPM by explaining the budget, time and plan needed for ERP systems and business processes re-engineering and system integration to match with the ERP systems. Also this section includes benefits and risks of ERP on BPM by evaluating ERP effectiveness and efficiency and assessing risks. |
features of erp inventory management: Big Data for Entrepreneurship and Sustainable Development Mohammed El Amine Abdelli, Wissem Ajili-Ben Youssef, Uğur Özgöker, Imen Ben Slimene, 2021-12-09 This book provides insight for researchers and decision-makers on the application of data in the entrepreneurship and sustainable development sector. This book covers how Big Data for Industry 4.0 and entrepreneurship are effective in resolving business, social, and economic problems. The book discusses how entrepreneurs use Big Data to cut costs and minimize the waste of time. It offers how using Big Data can increase efficiency, enables the studying of competitors, can improve the pricing of products, increase sales and loyalty, and can ensure the right people are hired. The book presents how decision-makers can make use of Big Data to resolve economic and social problems. Analyze the development of the economy and enhance the business climate. This book is for researchers, PhD students, and entrepreneurs and can also be of interest for transforming governments as well as businesses. |
features of erp inventory management: Medical Store Start Up Guide Vishnu Sharma, 2024-05-08 This Book is based on researches and case studies gathered from different books, media, Internet space, etc. This book is for those who have done their Diploma in Pharmacy or Bachelor in Pharmacy and those who want to start their own medical start-up like Retail/Wholesale. The Book is made exclusively for educational purposes. The reader do their attentiveness and anyone who wishes to apply the ideas contained in the book always do. |
features of erp inventory management: Applications of New Technology in Operations and Supply Chain Management Taghipour, Atour, 2024-08-26 The International Data Corporation (IDC) has unveiled a series of transformative predictions to reshape operations and supply chain management, leading companies to re-assess their processes. Applications of New Technology in Operations and Supply Chain Management offers an in-depth exploration of how emerging technologies are positioned to revolutionize the way businesses execute and coordinate their operations. The book delves into the adoption of digital technologies, the shift to cloud technology, and the emergence of real-time operational insights that can be accessed from anywhere. For instance, 2026 ushers in integrating digital tools for measuring carbon footprints and the increased use of robots in unconventional domains, such as remote inspection and maintenance. By 2027, augmented reality technology will take center stage, reducing operator and field worker errors. Furthermore, remote operations embrace satellite-based artificial intelligence or machine learning technologies, revolutionizing data collection and analysis at the edge. |
features of erp inventory management: The Adventurous and Practical Journey to a Large-Scale Enterprise Solution Vahid Hajipour, 2023-03-16 The high failure rate of enterprise resource planning (ERP) projects is a pressing concern for both academic researchers and industrial practitioners. The challenges of an ERP implementation are particularly high when the project involves designing and developing a system from scratch. Organizations often turn to vendors and consultants for handling such projects but, every aspect of an ERP project is opaque for both customers and vendors. Unlocking the mysteries of building a large-scale ERP system, The Adventurous and Practical Journey to a Large-Scale Enterprise Solution tells the story of implementing an applied enterprise solution. The book covers the field of enterprise resource planning by examining state-of-the-art concepts in software project management methodology, design and development integration policy, and deployment framework, including: A hybrid project management methodology using waterfall as well as a customized Scrum-based approach A novel multi-tiered software architecture featuring an enhanced flowable process engine A unique platform for coding business processes efficiently Integration to embed ERP modules in physical devices A heuristic-based framework to successfully step into the Go-live period Written to help ERP project professionals, the book charts the path that they should travel from project ideation to systems implementation. It presents a detailed, real-life case study of implementing a large-scale ERP and uses storytelling to demonstrate incorrect and correct decisions frequently made by vendors and customers. Filled with practical lessons learned, the book explains the ins and outs of adopting project methodologies. It weaves a tale that features both real-world and scholarly aspects of an ERP implementation. |
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