Enterprise Resource Planning (ERP): ERP is nothing but a planning that joins various departments and its functions all over an organization into a single information system . This planning helps the employees to make their decisions on viewing the wide enterprise information about various business operations. The main motive is to provide common database that supports various functions used by different business departments. For example, consider the department named sales and accounting that depend on the same data for their own needs. Supply Chain Management (SCM): Supply Chain Management is defined as the method of designing, planning, implementing and combining all supply chain process. Supply chain management might help the customers (students), partners, distributors, and suppliers have an organized system by which they could communicate with each other and can access the necessary data. Customer Relationship Management (CRM): Customer relationship management is a methodology that manages an organization’s communication with their customers. This method uses client’s history with the company to improve business relationships. Modern customer relationship management constructs enduring customer relationships that generate value for company and customers.

Question

Want to see the full answer?

Answer 1

Question

Chapter 9, Problem 7DQ

Program Plan Intro

Enterprise Resource Planning (ERP):

ERP is nothing but a planning that joins various departments and its functions all over an organization into a single information system.

This planning helps the employees to make their decisions on viewing the wide enterprise information about various business operations.

The main motive is to provide common database that supports various functions used by different business departments.

For example, consider the department named sales and accounting that depend on the same data for their own needs.

Supply Chain Management (SCM):

Supply Chain Management is defined as the method of designing, planning, implementing and combining all supply chain process.

Supply chain management might help the customers (students), partners, distributors, and suppliers have an organized system by which they could communicate with each other and can access the necessary data.

Customer Relationship Management (CRM):

Customer relationship management is a methodology that manages an organization’s communication with their customers.

This method uses client’s history with the company to improve business relationships.

Modern customer relationship management constructs enduring customer relationships that generate value for company and customers.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

I need to develop and run a program that prompts the user to enter a positive integer n, and then calculate the value of n factorial n! = multiplication of all integers between 1 and n, and print the value n! on the screen. This is for C*.

I need to develop and run a C* program to sum up integers from 1 to 100, and print out the sum value on the screen. Can someone help please?

Given the schema below for the widgetshop, provide a schema diagram. Schema name Attributes Widget-schema Customer-schema (stocknum, manufacturer, description, weight, price, inventory) (custnum, name, address) Purchased-schema (custnum, stocknum, pdate) Requestedby-schema (stocknum, custnum) Newitem-schema (stocknum, manufacturer, description) Employee-schema (ssn, name, address, salary) You can remove the Newitem-schema (red).