Operations and Supply Chain Management (Mcgraw-hill Education)
Operations and Supply Chain Management (Mcgraw-hill Education)
15th Edition
ISBN: 9781259666100
Author: F. Robert Jacobs, Richard B Chase
Publisher: McGraw-Hill Education
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Chapter 17, Problem 1DQ
Summary Introduction

To determine: The benefits of using an ERP system.

Enterprise Resource Planning is a business process managing software which lets the firm to integrate and manage many back-office functions of a firm. The back-office functions might be related to human resources, technology, and services.

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Explanation of Solution

The following are the benefits of using an ERP system:

  • Integration of planning, execution, and reporting across the functional areas of the firm.
  • Leaner and efficient supply chains due to the coordination between the functional areas of the firm.
  • Every unit can access the real-time data, as single database is used. Based on the present happenings, decisions can be made.

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