Scribd
Upload
37 views

Submitted To: Sir Tauseef Iqbal Submitted By: Syeda Fakiha Bilgrami Course: Supply Chain Management Assignment: 01 DATE: 26-04-2020

The document discusses the evolution of supply chain management systems from legacy methods to modern approaches. It defines legacy systems, material resource planning (MRP II), and enterprise resource planning (ERP). ERP is described as business process management software that integrates applications to manage technology, services, and human resources across an organization. The summary concludes with advantages of ERP systems including optimization and information sharing, and disadvantages such as high installation costs, workforce skills requirements, and potential resistance to information sharing.

Uploaded by

Syeda Fakiha Ali
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
37 views

Submitted To: Sir Tauseef Iqbal Submitted By: Syeda Fakiha Bilgrami Course: Supply Chain Management Assignment: 01 DATE: 26-04-2020

The document discusses the evolution of supply chain management systems from legacy methods to modern approaches. It defines legacy systems, material resource planning (MRP II), and enterprise resource planning (ERP). ERP is described as business process management software that integrates applications to manage technology, services, and human resources across an organization. The summary concludes with advantages of ERP systems including optimization and information sharing, and disadvantages such as high installation costs, workforce skills requirements, and potential resistance to information sharing.

Uploaded by

Syeda Fakiha Ali
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

SUBMITTED TO:

SIR TAUSEEF IQBAL


SUBMITTED BY:
SYEDA FAKIHA BILGRAMI
COURSE:
SUPPLY CHAIN MANAGEMENT
ASSIGNMENT: 01
DATE: 26-04-2020
ANSWER#01

LEGACY:
A customary, inherited way of doing business
 MRP are used in many forms in nearly 40 years in U.S firms. Many version have lasted
beyond their originally intended life span.
 EDI was widely used before advent of internet.
 Globalization and multi-plants manufacturing have created new demands on information
system processing.
 Manufacturing Resource Planning (MRP) is a natural outgrowth of closed-loop MRP.

ANSWER#02

MATERIAL RESOURCE PLANNING:


Also known as MRP II, is a method for the effective planning of a manufacturer’s resources.
MRP II is composed of several linked functions, such as businesses planning, sales and
operations planning, capacity requirements planning, and all related support systems.

ANSWER#03

ENTERPRISE RESOURCE PLANNING:


Enterprise resource planning (ERP) is business process management software that allows an
organization to use a system of integrated applications to manage the business and automate
many back office functions related to technology, services and human resources.
ANSWER#04

ADVANTAGES OF ERP SYSTEM:


 Optimization of business processes.
 Accurate and timely access to reliable information.
 The ability to share information between all components of the organization.
 Elimination of unnecessary operations and data.
 Reduction of time and costs of litigation.

DISADVANTAGES OF ERP SYSTEM:


 The installation of the ERP system is costly. ERP consultants are very expensive take
approximately 60% of the budget.
 The success depends on the skills and experience of the workforce, including education
and how to make the system work properly.
 Resistance in sharing internal information between departments can reduce the efficiency
of the software.
 The systems can be difficult to use.
 Change of staff, companies can employ administrators who are not trained to manage the
ERP system of the employing company, proposing changes in business practices that are
not synchronized with the system.

You might also like