Académique Documents
Professionnel Documents
Culture Documents
Shows the steps involved in the process of selling an insurance plan to a customer
by an insurance enterprise. This process involves steps such as making a proposal,
taking a request, checking the request, calculating premium, drafting a proposal,
and informing the customer. All these steps are the business processes of an
insurance organisation. On the other hand, relationship management, acceptance,
calculation, and support are the different business functions of an insurance
organisation. Thus, you can say that the business processes and business functions
of organisations are interlinked and none of these can work in isolation.
business function
A Business Function is a concept used in the Organisation Architecture domain and represents
what work is done by that organisation, organisation unit or business role. An organisation can
be designed as a set of Business Functions and usually the structure of the organisation
units within an organisation is closely based on the business functions.
Those Business Functions are more stable than the organisation structure itself and often an
Organisation Unit or Business Role may be responsible for multiple business functions. A
Business Function is only ever carried out by a single Business Role/Organisation Unit within an
organisation.
Examples of Business Functions include: Sales, Mrketing, Supply Chin Management,
Finncil Mngement, Operations, Customer Relationship Management, Product Management,
Supplier/Prtner Reltionship Mngement.
Business Process
A business process is a collection of linked tasks which find their end in the delivery of a service
or product to a client. A business process has also been defined as a set of activities and tasks
that, once completed, will accomplish an organizational goal. The process must involve clearly
defined inputs and a single output. These inputs are made up of all of the factors which
contribute (either directly or indirectly) to the added value of a service or product. These factors
can be categorized into management processes, operational processes and supporting processes.
Management processes govern the operation of a particular organizations system of operation.
Operational processes constitute the core business. Supporting processes such as human
resources and accounting are put in place to support the core processes.
The definition of the term business process and the development of this definition since its
conception by Adam Smith in 1776 has lead to such areas of study as Operations Development,
Operations Management and to the development of various Business Management Systems.
These systems, in turn, have created an industry for BPM Software which seeks to automate
process management by connecting various process actors via technology.
A process requires a series of actions to achieve a certain objective. BPM processes are
continuous but also allow for adhoc action. Processes can be simple or complex based on number
of steps, number of systems involved etc. They can be short or long running. Longer processes
tend to have multiple dependencies and a greater documentation requirement.
financial part of the process. However, the probability of achieving the benefits
instead of simply succeeding in implementation takes on a different look.This sort of
probability may be more directly tied with a softer science such as management.
Development Considerations:
Development is usually the least important decision factor inthese processes. One
of the most important factors is the probability that a project finishes ontime. This
simply does not happen very often, so it is important to determine what sort of
adverseeffects this could have on business operations.
ERP Software Selection Criteria
When reviewing potential software suppliers, you tend to focus only on the potential
productsfunctionality and cost. Although these elements are important, this
methodology neglects otherareas of importance. A suppliers ability to deliver
product services goes well beyond price andfeature options. The key selection
criteria include making few questions. Such questions help yousimplify making an
ERP software purchase decision. Some of the questions include:
For Product Functionality
Does this package meet the overall requirements listing?
When was the products first release? What is the current release version being
quoted?
Has the company been consistently profitable?
Has there been recent turnover in the management staff?
Has the supplier increased or reduced overall headcount over the last year?
Are customer references available? Can you visit a customer reference site prior to
contract signing?
Managers need rapid access to information to make decisions about strategic, financial,
marketing and operational issues. Companies collect vast amounts of information, including
customer records, sales data, market research, financial records, manufacturing and inventory
data, and human resource records. However, much of that information is held in separate
departmental databases, making it difficult for decision makers to access data quickly. A
management information system simplifies and speeds up information retrieval by storing data in
a central location that is accessible via a network. The result is decisions that are quicker and
more accurate.
Data Collection
Management information systems bring together data from inside and outside the organization.
By setting up a network that links a central database to retail outlets, distributors and members of
a supply chain, companies can collect sales and production data daily, or more frequently, and
make decisions based on the latest information.
Collaboration
The reporting tools within management information systems enable decision-makers to tailor
reports to the information needs of other parties. If a decision requires approval by a senior
executive, the decision-maker can create a brief executive summary for review. If managers want
to share the detailed findings of a report with colleagues, they can create full reports and provide
different levels of supplementary data.
Decision-making analysis was conducted by the Carnegie Institute of Technology in the late
1950s and early 1960s. The Massachusetts Institute of Technology (MIT) applied computer
technology to decision-making theory in the 1960s. By the 1980s, intensive research on DSS was
underway, and new theories and concepts emerged from single-user models of DSS, including
organizational decision support systems (ODSSs), group decision support systems (GDSSs) and
executive information systems (EISs). By 1990 DSS was broadened to include data warehousing
and online analytical processing.
Typical information gathered by a DSS may include:
Projected revenue and sales figures, some based on new product sales projections
In some DSS applications, timely analysis includes the consequences of different decision
alternatives.
DSS applications are used in many diverse fields, including medical diagnosis, credit loan
verification, evaluating bids on engineering projects, business and business management,
agricultural production at the farm and policy levels, forest management and railroad (for
evaluation of defective rails).
studies have compared satisfaction with and without computerized decision aids. Those studies
suggest the complexity and "love/hate" tension of using computers for decision support.
(7) Promote learning. Learning can occur as a by-product of initial and ongoing use of a DSS.
Two types of learning seem to occur: learning of new concepts and the development of a better
factual understanding of the business and decision making environment. Some DSS serve as "de
facto" training tools for new employees. This potential advantage has not been adequately
examined.
(8) Increase organizational control. Data-driven DSS often make business transaction data
available for performance monitoring and ad hoc querying. Such systems can enhance
management understanding of business operations and managers perceive that this is useful.
What is not always evident is the financial benefit from increasingly detailed data.
In the process of evolution of manufacturing requirements planning (MRP) II into ERP, while
vendors have developed more robust software for production planning, consulting firms have
accumulated vast knowledge of implementing ERP production planning module. Production
planning optimizes the utilization of manufacturing capacity, parts, components and material
resources using historical production data and sales forecasting.
ERP production module will just handle a tiny portion of production. The module begins with
Product creation. There will be a component master and stage master. This module is mainly
designed to monitor day-to-day production progress. On completion of any work order
information will be passed on to despatch for delivery. Reports on delivery schedule will be
available in this module.
Production Planning helps an organization plan production with the optimum utilization of all
available resources. Material Requirement Planning is done based on the production advice
generated by the sales department. Feasibility of production is evaluated using details like raw
material availability and procurement time, machine availability and capacity. A production
schedule is generated for all machines where the scheduling is done in an optimized fashion
based on the priorities of production.
Main features of Production and Production planning module:
Production module:
Production plan for machines with optimum utilization of all available resources like raw
materials and machines
Production plan for machines with optimum utilization of all available resources like raw
materials and machines
Linking to other modules: Production planning and control is a highly integrated executable
module. It receives planned production orders from the planning engine. It receives details of
product structure from BOM and details of operations needed for a manufactured item from
Routing. It receives cost accounting data from cost accounting module. The inventory module
deals with issue of goods to production orders and quality management checks the quality of
goods produced.
Production order control: This functionality is used to carry out all aspects of a production
order under different production environment such as repetitive manufacturing, job shop
manufacturing, and assembly line sequencing. The functionality enables user to transfer planned
order and create manual production order, print production order documents containing details of
required components and operations, release order to shop floor for execution and record status
of the order such as planned, released, active and completed. Finally, the production order is
closed when final outcome of cost, material issued and hours worked are posted to the
production order.
When a production order is created, the system automatically calculates estimated material (from
BOM) and estimated hour (from routing) for executing the order. The system may adopt forward
planning when production start date is used for calculating delivery date. The system may also
adopt backward planning when production start date can be derived from the delivery date and
the order lead-time of the item.
Production order Statistics: This functionality provides information regarding
actual cost and estimated cost of production orders, both in respect of materials
consumed and hours spent. This statistical information helps in better planning and
execution of future production orders.
Production Planning helps an organization plan production with the optimum utilization of all
available resources. Material Requirement Planning is done based on the production advice
generated by the sales department. Feasibility of production is evaluated using details like raw
material availability and procurement time, machine availability and capacity. A production
schedule is generated for all machines where the scheduling is done in an optimized fashion
based on the priorities of production.
Question 5:
Write short notes on
a. Sub-modules of CRM
b. Features of human resource
management module
Answer:
Sub-Modules of CRM
Marketing module
Service module
Sales module
Personnel administration
Organisational management
Payroll management
Workforce management
Employee development
Question 6:
a. Explain some of the technologies provided by PeopleSoft Inc.
b. Explain the different modules under MFG/PRO application
Answer:
PeopleSoft
PeopleSoft Inc., owned acquired by Oracle, was founded by Ken Morris and David
Duffield in 1987. The organisation provides innovative software to meet the
changing needs and preferences of its customers. PeopleSoft Inc. has developed
software that provides enterprise-wide solutions to various industries, such as
health
care,
manufacturing,
communications,
financial
services,
retail,
transportation, and public sector.
The products provided by PeopleSoft Inc. help organisations in the following
areas:
Human resource management
Accounting
Treasury management
Performance management
Project management
Sales and logistics
Materials management
Supply chain planning
Service revenue management
Procurement
Supply chain management
PeopleSoft Inc. uses new and advanced technologies in its products. Some of these
technologies are:
PeopleSoft Self-Service Applications: These Java-based, cross-platform
applications help employees, customers, suppliers, and other occasional users of an
organisation to perform self-service administrative tasks easily and effectively.
These applications work in coordination with PeopleSofts core product lines, such as
human resource management and materials management.
PeopleSoft Web Client: Refers to software that can be downloaded on demand
and run on multiple Web browsers. PeopleSoft Web Client is affordable, simple
software with open architecture that provides enterprise wide solutions to
organisations. This software is supported by the self service applications of
PeopleSoft. Moreover, it has a Work list and Query interface that provides quick
access to business information.
PeopleSoft Workflow: Enables communication and telecom organisations to
achieve enterprise-wide integration of information, applications, and people. It helps
an organisation to automate its various time-consuming manual activities by
providing useful business data. For example, you are the marketing manager of an
organisation and require an approval from the top management to conduct a
promotional activity. In such a case, PeopleSoft workflow would automatically
forwards the approval requests to your superior.
MFG/PRO application
MFG/PRO software is considered as one of the successful client/server ERP
applications. The application helps an organisation to improve its operational
efficiency. It is comprehensive, open, flexible, scalable, and interactive software that
is developed to serve the manufacturing requirements of an organisation.
MFG/PRO includes a set of applications that supports the manufacturing,
distribution, financial management, supply chain management, and service/support
management functions of an organisation. It uses Oracle or Progress databases and
can run on different operating systems, such as UNIX, Windows and Windows NT.
MFG/PRO is also available with Windows Character User Interface (CUI) or Graphical
User Interface (GUI).
MFG/PRO is an ERP application capable of delivering robust and global functionality in the
areas of Sales and Distribution, Manufacturing and Financials. It is capable of delivering Supply
Chain solutions in the global context. It is well supported by the Enterprise Material Transfer
(EMT) and Enterprise Operations Plan as an Enterprise wide application. Its global perspective is
highlighted by its availability in 26 concurrent languages. Further the Open Systems architecture
makes it a truly international solution and is available on Unix and NT environment with
concurrent support on both these diverse platforms
MFG/PRO Distribution
The Distribution Module of MFG / PRO offers users comprehensive functionality in the areas of
Purchasing, Inventory, Sales and Distribution, Configured Products and Supply Chain
Management.
Purchasing
Sales Quotations
Sales Analysis
Configured Products
Product Structures
Routing/Work Centers
Formula/Process
Work Orders
Repetitive
Advance Repetitive
Quality Management
MFG/PRO Financials
General Ledger
Accounts Receivable
Accounts Payable
Multiple Currency
Cost Management
Cash Management
Fixed Assets