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ERP System Components
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Flashcards
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Customer Relationship Management (CRM)
Assists in managing customer data, sales pipeline, customer interactions, and satisfaction metrics to enhance customer service and sales.
Purchasing Module
Automates procurement process, manages purchase orders, vendor contracts, and negotiations, and maintains purchase history.
Manufacturing Module
Helps in production planning, scheduling, process management, and materials requirement planning for efficient manufacturing operations.
Supply Chain Management (SCM)
Improves and automates the supply chain by managing materials, orders, suppliers, and production, leading to efficiency and reduced costs.
Human Resources Module
Manages employee information, payroll, benefits, recruitment, and training. Supports talent management and staff allocation.
Business Intelligence Module
Transforms raw data into meaningful insights through reporting tools, dashboards, and analytics to aid in decision making.
Inventory Management Module
Monitors stock levels, manages item tracking, and optimizes warehouse organization to prevent stockouts and overstock.
E-Commerce Integration
Connects e-commerce platforms with the ERP system for real-time inventory, order, and customer data synchronization.
Order Processing Module
Facilitates order entry, fulfillment, tracking, and coordination with inventory and shipping for improved customer service.
Analytics and Reporting Module
Provides detailed analysis, customized reporting, and data visualization tools to guide business strategy and performance tracking.
Asset Management Module
Tracks company assets for optimization and compliance, managing asset depreciation, maintenance, and disposal.
Financial Management Module
Controls financial activities including general ledger, accounts payable/receivable, budgeting, asset management, and financial reporting.
Quality Management Module
Monitors the quality of products and processes, ensuring compliance with industry standards and customer expectations.
Project Management Module
Provides tools for project planning, resource allocation, task tracking, and managing budgets to ensure project delivery and budget adherence.
Workflow Management Module
Streamlines and automates business processes, defines roles and responsibilities, and ensures task management across the organization.
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