- A growing company needs an ERP system so that they can standardize things. However, it is quite costly and time consuming so smaller companies should be careful in investing in it.
- Special software to create, maintain and extract needed data without having to create separate files or data definitions.
- Models simplify processes and make it possible to study and design certain aspects, concepts or activities
- R stands for "real time" to have your information as soon as you need themTo know things as: what is the exact number of inventories, debts, loans...
- - Responsible for revenue generation and cost containment- Evaluated on profit or return on investment
- Designed to collect transactional data that provides a foundation for preparing internal reports that support decision-making within the enterprise.Includes : o Cost center performanceo Profit center performanceo Budgets analyses
- - Functions have exactly one incoming and exactly one outgoing edge.- A function is always followed by an event and vice versa. - Functions usually do not follow each other directly- Trivial events (simple events) can be deleted if this improves the readability of the model. In this case, two functions may follow each other.
- Management Information System (MIS) and Transaction Processing Systems (TPS)
- Arise through the consumption of production factors that are sourced externally
- Arise through the consumption of production factors that are provided internally.
- We need to transfer the physical processes into Information System understandable languages, using a tool called "process modelling".
- - Temporary cost collector responsible for cost containment, not responsible for revenue generation- Used to plan, collect, and monitor the costs associated with a distinct short-term event, activity, or project
- the other resources we need for the production (ex: machines, planes for transportation, resources like HR)
- - Master data: provides context to transactions, infos about customer, people working in the company...- Transaction data: is derived from transactions, it has a time dimension and may lose its relevance over time- Organisational data : who did the product, where was the product produced, how did we distribute it, who purchased it, how do we have to spict revenues and costs...
- Intra-company processes (between railways) and cross- company messaging (between pools)
- - Check Credit- Approve credit- Generate Invoice
- - Modern alternative to EPC for process modelling- Increasingly widespread, standard in many countries
- x : Exclusive-Or-connector+ : And-connectoro : Or-connector
- Input - Processing - OutputDescribe the basic principle and sequence of data processing
- Fulfilling a customer order involves a complex set of steps that requires the close coordination of the sales, accounting, human ressources and manufacturing functions.ERP systems integrate the business processes of an entire firm into a single software system that enables information to flow seamlessly throughout the organization.