The paper "Information Communication Technologies for Enhanced Education " is a wonderful example of a Management Assignment. Enterprise Resource Planning (ERP) are systems that provide data access on real-time inventory and consequently helping in minimizing inventory costs, making appropriate procurement decisions, and improving sales operations (Al-Mashari et al. 2003). Some of the benefits of ERP systems are the ability to identify redundantly, inventory turns and slow-moving inventory. The systems also improve organizational performance by delivering end-to-end visibility and providing greater business insights throughout the entire operations. ERP systems provide tools that empower users to monitor mission in terms of business performance and critical information against key metrics (Dutton & Loader, 2005).
These business intelligence tools include key performance indicators (KPIs) and dashboard screens that optimize the cash cycle hence helping the business to reduce levels of bad debt, turn orders into cash, and maximize Days Sales Outstanding (DSO). The major cause of errors and delays is the poor integration of information systems because of data availability in one system and lacking in the manual processes or other systems like data re-entry (Voss et al.
2009). Coordination and execution are improved in integrated information systems where distributors and manufacturers provide customers and suppliers with quick response systems for enjoyable and easy trading. Some companies seek ERP systems with the ability to integrate with supplier systems, improved coordination, and access to resources and information (Ash & Burn, 2003). Management is able to identify new opportunities using real-time access to historical and current data that employ model new scenarios thus building new business initiatives to increase market share and win customers. Gianluigi (2012) suggests that by using centralized processes and real-time data, the staff is empowered with a common set of business tools for them to focus on their specific roles.
ERP systems are able to access customizable workflow tools and critical role-based data in which people are able to make better decisions and work more productively. All areas of the business work synchronously since people get up-to-date with information throughout the organization while silos of information are eliminated (Ash & Burn, 2003). For optimal allocation of resources, analysis tools, and embedded data establish cost and effort, provide operating margins through visibility into customer-level, and determine investment in different market segments and product lines (Voss et al.
2009). Factors that have a negative impact on profitability such as manual tasks, data-entry, manual processes, errors and random operations are eliminated through this communications-enabling technology (Gianluigi, 2012). For example, in a warehouse, ERP systems support time-saving activities such as drop-shipping and cross-docking since integrated communications between warehouses, order processing, and order entry are able to provide efficient returned goods management and order-picking. Pollock & Williams (2008) opines that visibility of inventory levels is immediate across multiple locations, in-transit inventory and on-order items because real-time inventory information supports accurate shipping processes and rapid ordering.
Accurate and smooth handling of all paperwork and shipment processes is provided in a workflow automation process and through a centralized real-time data system. In ERP systems, subsequent processes are automated and one-off capture of order information can eliminate costs and avoids errors.
Allen, D & Fifield, N 1999, Re-engineering change in higher education. Information Research, 4(3), 4-3.
Al-Mashari M, Al-Mudimigh A, & Zairi, M 2003, Enterprise resource planning: A taxonomy of critical factors. European Journal of Operational Research, 146(2), 352-364.
Ash, C & Burn, J 2003, A strategic framework for the management of ERP enabled e-business change. European Journal of Operational Research, 146(2), 374-387.
Davcev, D & Gomez, JM 2010, ICT Innovations 2009, Springer Science & Business Media.
Dutton, WH & Loader, BD 2005, Digital Academe: New Media in Higher Education and Learning, Routledge. University of Oxford.
Gianluigi, V 2012, Phenomenology, Organizational Politics, and IT Design: The Social Study of Information Systems: The Social Study of Information Systems, IGI Global, Cardiff Business School, Wales.
Graham, D Manikas, I & Folinas D 2013, E-Logistics and E-Supply Chain Management: Applications for Evolving Business, Idea Group Inc (IGI).
Jacobs, FR & Whybark, DC 2000, Why ERP? A Primer on SAP Implementation, McGraw-Hill Education.
Management Information & Information Resources (MIIR, 2013), Enterprise Resource Planning: Concepts, Methodologies, Tools, and Applications: Concepts, Methodologies, Tools, and Applications, IGI Global.
Pollock, N & Williams 2008, Software and Organizations: The Biography of the Enterprise- Wide System or How SAP Conquered the World, Routledge. University of Edinburgh.
Tomei, LA 2008, Information Communication Technologies for Enhanced Education and Learning: Advanced Applications and Developments: Advanced Applications and Developments, IGI Global.
Voss, A Hartswood M, Procter R, Rouncefield M, Slack R, & Buscher M 2009, Configuring User-Designer Relations: Interdisciplinary Perspectives, Springer Science & Business Media.