Question

(a) Describe the importance of ERP and its application areas in distribution.

(b) Discuss “Green House Effect” on Global Environment.

17 Aug 2021
Answer :
Word Count : 1666

(a) There can be no doubt that ERP is an important tool in our world of today. As more businesses begin to compete on a global scale, it will become critical for them to streamline their operations and processes. However, it is important to realize that ERP is not the cure to all the problems a company will face. There are a number of pros and cons to this technology, and those who understand this will be the most likely to succeed.

One of the most powerful benefits of ERP is that it successfully companies the many system architectures of a company. Indeed, this is why the technology was originally introduced.

When business processes are streamlined into a single cohesive unit, the company will operate at a higher level. This will lead to a higher level of productivity, and this in turn will lead to more profits. Another powerful advantage of ERP is greater levels of information flow, along with a higher quality of information. Given the fact that we are living in the Information Age, this is critically important. Companies must be able to rapidly transfer information from one place to another. When information is transferred quickly and efficiently, the company or organization will be able to act on the data within a short period of time.

However, it is not simply enough to transfer information quickly. The organization must be able to make sure the data is high in quality. All of the information in the world is useless if it is not high in quality. In addition to information flow and data quality, ERP is also powerful because it allows a company to effectively manage its inventory. When the products are manufactured, it will be done with a high level of precision. Perhaps the most important thing about this technology is that the costs will be decreased. When a company has to deal with large amounts of paperwork, managing it can be costly. It ____ ________ ____ _______ ___ ____.
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