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ERP, competitive intelligence, production planning strategies, MRP

1. What enterprise resource planning (ERP) systems does your organization rely on? What influence does globalization have on ERP? Choose an ERP system and discuss why you believe this system can help your organization to improve efficiency and performance.

2. What role does competitive intelligence play in international business forecasting? Which qualitative techniques are most affected by international differences?

3. What are production-planning strategies and how can you incorporate them into your day-to-day business activities? Which strategy would be most appropriate for your organization?

4. Provide an example of how material requirements planning systems (MRPs) are used in your organization. How can MRPs be used to improve processes?

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1. What enterprise resource planning (ERP) systems does your organization rely on? What influence does globalization have on ERP? Choose an ERP system and discuss why you believe this system can help your organization to improve efficiency and performance.

The ERP system that my organization relies on is PeopleSoft. We have financial, procurement, order management, and human resources modules implemented at the organization. Since organizational boundaries are increasingly expanding, there is an increased need to incorporate changes happening in the global markets into the ERP system. Thus, ERP systems have to address more requirements due to globalization; which means more features now should be provided in standard ERP packages.

My organization can greatly benefit from SAP. The implemented PeopleSoft system has been in practice for a long time, and over this time, many changes have taken place in the organization which has led to increased customizations. By reducing customizations, organization would be able to save on costs and resources which can be put to a more appropriate use. Thus, SAP is the system the organization must upgrade to as it provides enhanced features which are more relevant in today's economic scenario. SAP provides better integration of financial modules with other modules in the system. The adaptation of new system would reduce occurrences of breakdown which consume lot of companies' resources and affect the performance. Hence, I propagate SAP as solution for improved organizational efficiency and ...

Solution Summary

ERP, Competitive intelligence and production planning strategies are discussed.

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