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Importance of Enterprise Resource Planning System for Tesco PLC

   

Added on  2023-01-13

11 Pages2768 Words48 Views
Finance
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Managing Info & Technology 2
Importance of Enterprise Resource Planning System for Tesco PLC_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Categories of Information Systems..............................................................................................1
Enterprise Resource Planning System (ERP)..............................................................................4
Benefits of Enterprise Resource Planning System.......................................................................5
Recommendation.........................................................................................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
Importance of Enterprise Resource Planning System for Tesco PLC_2

INTRODUCTION
Information systems can be considered as socio-technical systems that are designed for
collection of data, process of data, storage of data and distribution of data. This information
system are very important for business organization to manage information and data related to
internal operations and market place (Grudzień and Hamrol, 2016). This can improve the
operations of organization by providing better data related to demand of market and internal
operations of company. In large size organization data collection, storing, processing and
distribution is complex and difficult process. This report is providing importance of Enterprise
resource Planning systems that can be used in Tesco PLC to gain higher efficiency in operation
and market performance. This report is providing brief information about various type of
information systems that can be used in the business organization to manage their knowledge,
information and data. Different categories of information systems will be analysed in study.
Detailed information will be provided in report regarding Enterprise Resource Planning (ERP)
system that can be used by organization to manage their information and data. Various benefits
of Enterprise Resource Planning system also will be analysed in study for Tesco PLC in real life
basis. Different process will be suggested regarding ERP systems to improve the capability of
company with effective information and data management.
Enterprise Resources Planning System is known as business process management system
that provide the capability to an organization to use a system that is consists of various
applications to manage various back office operation of organization and business functions of
organization related to technology, Human Resources and services. The basic concept of ERP
system is related to implementation of centralized data base for various business processes in
order to reduce manual labour and control the work flow that exists in organization. This system
also can be explain as a platform which is used to track and monitor the real time organizational
data.
MAIN BODY
Categories of Information Systems
There are different categories of information systems are used in the business
organization. Some information systems that are most common in all organization which are:
Pyramid Diagram of organizational level and information requirement, transaction processing
system, management information system, decision support system, Artificial Intelligence and
Importance of Enterprise Resource Planning System for Tesco PLC_3

online Analytical Processing. Are most common in different functional departments like Human
resource department, operation department, finance department, inventory control department
and marketing department (Hwang, Lin and Shin, 2018). By using various information system
these departments can effectively perform their specific functions.
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Importance of Enterprise Resource Planning System for Tesco PLC_4

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