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ERP Systems Components
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Flashcards
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Project Management
Facilitates project planning, tracking, and resource allocation.
Order Management
Processes sales orders, from order creation to delivery and invoicing.
Workflow Management
Automates and optimizes cross-departmental processes and approvals.
Business Intelligence
Analyzes data, provides reporting, and supports decision-making processes.
Asset Management
Manages physical assets, tracks their usage, maintenance, and depreciation.
Procurement
Handles purchasing of goods and services, manages vendors, and tracks purchase orders.
Supply Chain Management
Oversees procurement, inventory levels, and supplier relationships.
Customer Relationship Management
Manages customer data, sales pipelines, and interactions.
Inventory Management
Controls stock levels, manages item catalog, and tracks goods movement.
Reporting and Analytics
Generates reports and analyzes data to inform business decisions.
Product Lifecycle Management
Manages the entire lifecycle of a product from inception to production and beyond.
E-Commerce Integration
Connects online sales channels with the ERP for inventory, orders, and customer management.
Database Management
Stores and retrieves all data necessary for ERP operation.
Manufacturing & Production
Plans and executes production processes, monitors quality, and manages production orders.
Enterprise Performance Management
Facilitates performance reporting, budgeting, and strategic planning.
Compliance and Risk Management
Ensures business operations comply with laws and regulations, assesses risk.
Mobile ERP
Enables access to ERP functionalities from mobile devices for a mobile workforce.
Human Resources
Manages employee information, payroll, benefits, and recruitment.
Financial Management
Tracks business financials, manages accounting, and controls assets.
Sales and Marketing
Supports sales strategies, marketing campaigns, and tracks leads and opportunities.
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