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Benefits and challenges of enterprise resource planning
Benefits and challenges of enterprise resource planning
Benefits and challenges of enterprise resource planning
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Most organization including these organizations of my choice have CRM. The management can learn more about their customer’s needs. 5.0 Enterprise Resources planning. Enterprise Resource Planning (ERP) is a type of organization management software basically used for an integrated application. Organization uses this software for collecting, storing, managing and interpreting data from various categories of business activities. 6.0 Similarities between uchumi and Bamburi cement In both organizations, the flow of goods to the company is similar. Good is supplied by suppliers as raw materials which are then processed into finished goods. Both organizations have the supply chain, where information, materials, and finances as they move in a process …show more content…
Both organizations have different EPS because their target customer is different. Cement industries are characterized by homogeneous product, although produced from natural raw materials which vary from plant to plant. The supermarket has heterogeneous products varying from the different raw material. The price of cement is almost similar from one plant to another but unlike in supermarket, the prices of the commodity may vary from one supermarket to another. In both organizations, the department units are different like in Bamburi industry these are some of the department production, blending kilning and milling. In the supermarket, the department is bakery department, Deli and catering department selling department, customer service department. Etc. 7.0 Ways to improve supply chain in Uchumi supermarket Supply chain managers must determine which of their suppliers possess capabilities they can consult to help produce innovations in products. The procurement department should play a key role in becoming less of process executioner and more of a process enabler and looking for opportunities to improve current processes by leveraging supplier capabilities. This will increase customer 's satisfaction in the …show more content…
Collaboration increase company revenue drastically improves product availability and save a lot of logistic costs. Virtual integration When outsourcing, firms should create a win-win vested outsourcing framework with its service providers. This can improve the supply chain management. Value-based management supply chain excellence is the key to creating shareholder value. Enabling Automatic Purchasing- Newer ERP systems with Supply Chain Management (SCM) functionality feature automated purchasing. A critical part of any supply chain strategy is being able to preemptively maintain inventory levels. Automatic purchasing will free up employees to concentrate on other important duties. Standardizing -Having a standardized ERP system will increase efficiency while saving time and money. In additionally, employees will share a standardized system of tools, which will increase accuracy, encourage teamwork and reduce miscommunication in this factory. Providing Real-Time Inventory Management, modern ERP software offers inventory features that provide real-time visibility of exact
ERP stands for Enterprise Resources Planning. ERP is a term used for software that controls whole organizations different departments. SAP is the world leader in ERP systems followed by Oracle.
attitude and they rely on advertising to help bring the customer in and they both have their
The model I will use to compare the two companies will be the six box model. According to Marvin Weisbond this model is used to identify and solve problems. When an organization uses the six box model they will begin by looking at how the organization is being managed and where the company would like their management style to be. There are six categories of an organizational life, purposes, structures, relationships, leadership, rewards, and helpful mechanisms (Ian Palmer 123). The six box model will help assess the organization’s current management style and will help implement the proper change using the six box model.
A Good advantage of having point-to-point contact between functional groups at different companies is being
Although, there are some crucial differences: Why? Quantity and Choices. The reason and the trigger for a purchase on the individual could be for a necessity or a desire. For organizations, the why is almost exclusive of a necessity for example, buy materials for the product or employees. Also, when companies identify a need, usually, they are more specific regarding their need, for example a company that is in need of cookware may require particular specifications for the cookware,
The core product offered by the supplier, does not represent the single source of value creation for a business customer. Rather, value emerges from the entire customer-supplier interactions, which represent a pillar in using the core resource according to Gronroos (2010). In the following figure is presented the match between customer and supplier processes, which has implications upon both sides’ businesses, in terms of value creation.
At the moment, Enterprise resources planning (ERP) systems had become important systems in the modern business world. The meaning of ERP itself is an integrated software package composed by a set of standard functional modules (production, sales, human resources, finance, etc.) developed or integrated by the vendor that can be adapted to the specific needs of each customer (Esteves et al. 2000).
‘Supply chain management integrates supply and demand management within and across companies. It encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, thir- party service providers, and customers’. (Web: Council for Supply Chain Management Pr...
Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,
The ERP system allows a strategic flow of information between all areas within an enterprise in a consistently productive manner.
... need for this one human interaction with the system is what makes it vulnerable to errors and redundancy and the need to get it right is paramount. So the production plan is created bases on the sales order and this is shared with purchasing so that any unavailable material can be ordered. This shows how the MRP links the production with purchasing as well as accounting. Using this information links and sharing properly in the ERP can result in significant cost savings because companies are beginning to see its SCM as part of a larger process than just customers and suppliers.
In other words, it aims to link all the supply chain agents to jointly cooperate within the firm as a way to maximize productivity in the supply chain and deliver the most benefits to all related parties [2].
Access to resource - One of the reasons to collaborate is to take advantage of resources. For example, an inter-company collaborates to place a product in the market where one compa...
Inventory management involves planning, coordinating, and controlling the acquisition, storage, handling, movement, distribution, and possible sale of raw materials, component parts and subassemblies, supplies and tools, replacement parts, and other assets that are needed to meet customer wants and needs (Collier & Evans, 2009). In order for business and supply chains to run smoothly, they must meet all the listed requirements for effective inventory management. Thus, inventory management must be managed wisely in order to be a successful an...