ERP Overview (MISY 5340)- CH 1 , 2, 4,
5
(service) used to maintain internal assets such as machinery and deliver after-sales
customer service such as repair - answer Asset Management and Customer Service
Processes
a set of tasks or activities that produce desired outcomes - answer Business Process
systems that support end to end processes and are essential to the efficient and
effective execution and management of business process - answer Enterprise Systems
(ES)
aka management accounting
tracking costs and revenues for internal reporting that is intended to help management
control costs and revenues and assess the profitability pf products and market
segments - answer Controlling
(track-external) tracking the financial impacts of processes with the primary goal of
meeting legal and regulatory reporting requirements - answer Financial Accounting (FI)
Processes
the steps involved in selling and delivering products to customers - answerFulfillment
Process
an organizational structure dividing the company into departments, each of which is
responsible for a set of closely related activities - answerFunctional Structure
fictional company used to describe the processes in our text book - answerGlobal Bike
Incorporated (GBI)
(store) involved with the storage and movement of materials - answerInventory and
Warehouse (IWM) process
(people) focus on people management: recruiting, hiring, training, compensation and
business management - answerHuman Capital Management (HCM) processes
(design) supports the design and development of products from initial product idea
stage through discontinuation of the product - answerLife cycle data management
process
, (track-internal) focus on internal reporting to manage costs and revenues -
answerManagement accounting or controlling (CO) processes
all the products, components, parts that organization uses - answermaterial
(plan) uses historical data and sales forecasts to plan which materials will be procured
and produced and in what quantities - answerMaterial planning process
(buy) refers to all activities involved in buying or acquiring the materials -
answerprocurement process
(make) involves the actual creation of the products within the organization -
answerProduction Process
temporary in nature and is typically associated with large, complex activities -
answerproject
(projects) used to plan and execute large projects - answerproject management process
a functional area will perform the steps in their process without fully understanding the
the steps before them or the steps after - answersilo effect
What the application allows you to do (create formulas or charts, compose and essay) -
answerApplication layer
allowing the various systems to communicate seamlessly with one another as well as
with systems outside the company - answerApplication platforms
the collection of inter-company systems and the underlying intra-companyERP system -
answerapplication suite
technical structure of the software, the ways users interact with the software, and the
way the software is physically managed on computer hardware - answerarchitecture
general term that refers to the overall capabilities a company uses to collect and
analyze data from the variety of sources o better understand it's operations and make
better managerial decisions - answerbusiness intelligence
objects for which data is collected - answercharacteristics
highest organizational level in SAP ERP - answerclient
represents each separate legal entity in an organization, - answercompany code
the central organizational element of financial accounting - answercompany code
5
(service) used to maintain internal assets such as machinery and deliver after-sales
customer service such as repair - answer Asset Management and Customer Service
Processes
a set of tasks or activities that produce desired outcomes - answer Business Process
systems that support end to end processes and are essential to the efficient and
effective execution and management of business process - answer Enterprise Systems
(ES)
aka management accounting
tracking costs and revenues for internal reporting that is intended to help management
control costs and revenues and assess the profitability pf products and market
segments - answer Controlling
(track-external) tracking the financial impacts of processes with the primary goal of
meeting legal and regulatory reporting requirements - answer Financial Accounting (FI)
Processes
the steps involved in selling and delivering products to customers - answerFulfillment
Process
an organizational structure dividing the company into departments, each of which is
responsible for a set of closely related activities - answerFunctional Structure
fictional company used to describe the processes in our text book - answerGlobal Bike
Incorporated (GBI)
(store) involved with the storage and movement of materials - answerInventory and
Warehouse (IWM) process
(people) focus on people management: recruiting, hiring, training, compensation and
business management - answerHuman Capital Management (HCM) processes
(design) supports the design and development of products from initial product idea
stage through discontinuation of the product - answerLife cycle data management
process
, (track-internal) focus on internal reporting to manage costs and revenues -
answerManagement accounting or controlling (CO) processes
all the products, components, parts that organization uses - answermaterial
(plan) uses historical data and sales forecasts to plan which materials will be procured
and produced and in what quantities - answerMaterial planning process
(buy) refers to all activities involved in buying or acquiring the materials -
answerprocurement process
(make) involves the actual creation of the products within the organization -
answerProduction Process
temporary in nature and is typically associated with large, complex activities -
answerproject
(projects) used to plan and execute large projects - answerproject management process
a functional area will perform the steps in their process without fully understanding the
the steps before them or the steps after - answersilo effect
What the application allows you to do (create formulas or charts, compose and essay) -
answerApplication layer
allowing the various systems to communicate seamlessly with one another as well as
with systems outside the company - answerApplication platforms
the collection of inter-company systems and the underlying intra-companyERP system -
answerapplication suite
technical structure of the software, the ways users interact with the software, and the
way the software is physically managed on computer hardware - answerarchitecture
general term that refers to the overall capabilities a company uses to collect and
analyze data from the variety of sources o better understand it's operations and make
better managerial decisions - answerbusiness intelligence
objects for which data is collected - answercharacteristics
highest organizational level in SAP ERP - answerclient
represents each separate legal entity in an organization, - answercompany code
the central organizational element of financial accounting - answercompany code
