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Example of Information Systems

Enterprise resource planning

Enterprise resource planning (ERP) is business management software—usually a suite of integrated applications—that a company can use to store and manage data from every stage of business, including:

* Product planning, cost and development

* Manufacturing

* Marketing and sales

* Inventory management

* Shipping and payment

DEVELOPER/AUTHOR OF Enterprise resource planning (ERP)

J.D. Edwards World Solution Company or JD Edwards, abbreviated JDE, was an Enterprise Resource Planning (ERP) software company. Products included World for IBM AS/400 minicomputers (the users using a computer terminal or terminal emulator), One World for CNC architecture (a client–server fat client), and JD Edwards Enterprise One (a web-based thin client). The company was founded March 1977 in Denver, Colorado by Jack Thompson, C.T.P. "Chuck" Hintze, Dan Gregory, and Ed McVaney. It was purchased by PeopleSoft, Inc. in 2003.

FUCTION OF Enterprise resource planning (ERP)

ERP provides an integrated real-time view of core business processes, using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across the various departments (manufacturing, purchasing, sales, accounting, etc.) that entered the data. ERP facilitates information flow between all business functions, and manages connections to outside stakeholders.

Advantage OF Enterprise resource planning (ERP)

The fundamental advantage of ERP is that integrating myriad businesses processes saves time and expense. Management can make decisions faster and with fewer errors. Data becomes visible across the organization.

Disadvantages OF Enterprise resource planning (ERP)

* Customization is problematic.

* Re-engineering business processes...