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Strategic Information and ERP System Assignment

   

Added on  2020-03-23

21 Pages4673 Words67 Views
Running Head: Strategic Information APPLE INC.Strategic Information System

Strategic Information 1Table of ContentsIntroduction......................................................................................................................................2Business Process..............................................................................................................................3Business Requirements in relation with ERP system......................................................................5ERP’s requirements in relation with business.................................................................................6Selection of Vendor and Software...................................................................................................7Significance of ERP in enhancing the efficiency............................................................................8Level of efficiency with the implementation of ERP system..........................................................9Potential Risks with the implementation of ERP..........................................................................10Measures to mitigate the risks.......................................................................................................11Conclusion.....................................................................................................................................12References......................................................................................................................................13

Strategic Information 2IntroductionERP (Enterprise Resource Planning), it is a process through which an organization could be moved towards the automated process. In the modern world, every business enterprise irrespective of its size have adopted the technique of Enterprise Resource Planning to develop the transparency in the organizational process as well as it will also help the organization in achievement of the organizational goals and the objectives. Under this process, a set of advancedsoftware is included such as an internal communication process, advanced accounting software for recording the financial transactions adequately as well as to get the error-free results. Generally, this process is practiced in the administration department of the organization and it also helps the management to resolve the various big concerns. Employees’ details could also be gathered from this procedure and it will be the only system for the organization as it will be a mixture of unique software on the basis of unique needs of organization. Under this report, system of enterprise resource planning will be discussed in order to analyse the requirement of the process and to attain that requirement with the help of the enterprise resource planning in the workplace. In the multinational corporations, this process is quite useful as well as essential also. In a multinational organization, for instance, Apple INC. thousands of employees are working over there. In order to record the data of each and every employee, this process is very crucial in orderto attain the objectives of the organization as well as to determine the requirements of the business. Apart from this, in Apple INC. numbers of operations are performed at a time and along with the number of operations, suppliers’ details, buyers’ details, etc. will also be recorded

Strategic Information 3under this process only. The main aim of maintaining and launching this process in the workplace is to maintain the whole data of the organization at one place safe and secure.

Strategic Information 4Business ProcessBusiness process of every organization varies and being in the same industry, organizations adopt unique business process in order to make the take the competitive advantage. Apple Inc. is a multinational organization and involved in manufacturing of consumer electronic goods. Their famous products are iPhone, iPod, iPad, etc. Hence, this organization’s business process is very huge and to manage all the functionalities, Enterprise Resource Planning will be a great resource for making the process of Apple INC. smoother and effective (Leon, 2014).The major functionalities of the business process of Apple INC. are:Research & Development process to make the existing products more effective and efficient. Designing of the products in order to meet the customers’ expectations.Purchase department thee perform their duties in order to gather all those things which will be required while developing the customer-oriented products (Seo, 2013)Apart from these things, functionalities of the promotion and the advertisement department start. These are the most crucial segment of the business process of Apple INC. because it enhances the demand for the new product which is about to launch in themarket (Shaul & Tauber, 2013).Apart from these functionalities, there are numerous activities are involved in the backstage of the operations.To record all these activities in one process, Enterprise Resource Planning is being adopted in theworkplace in order to ease the work as well as to achieve adequate objectives. Access to this

Strategic Information 5process will be provided by the requirement of the organization. For instance, production manager wants to record the data in relation to the recent purchases then he will be able to see allthe sections which are related to the production team and the same goes for each and every department of the organization. The major access i.e. access to the whole system will be with the CEO of the organization only and on the mutual consent, this access can also be shared with anyone. Regulations on the access are imposed to maintain the confidentiality of the resources, information and the key aspects of the organization. Apart from this, there are numerous types ofinformation's available with the organization i.e. suppliers' details, clients' details, etc. and this information could easily be misused. In order to prevent this confidential information from the external as well as with the internal stakeholders, restrictions on the over access to the system areimposed (Tarhini, Ammar & Tarhini, 2015).All the functionalities of the organization will be recorded in the single system only and it will help the organization to enhance their performance in order to reduce the complications in the work procedures as well as to keep the organization’s information safe and secure. With the help of ERP system, organization could also meet the requirements which are crucial from the perceptive of the expansion of the business in the global market. In addition to this, organization will be able to achieve the success and the growth objective easily. Most of the functionalities of the organization will be performed with the help of enterprise resource planning system hence; chances of errors in recording, auditing, and in other functionalities of the organization reduces. Thus, implication and the execution of the enterprise resource planning system will be effective for the organization and it will help the management of the organization to execute the functionalities with comfort and ease (Hoch & Dulebohn, 2013).

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