HOW DOES TECHNOLOGY ADVANCE ENTERPRISE-WIDE PLANNING

How Does Technology Advance Enterprise-Wide Planning



How Does Technology Advance Enterprise-Wide Planning

An Enterprise Wide Planning system is an integrated computer-based application used to manage internal and external resources, including tangible assets, financial resources, materials, and human resources. Its reason is to facilitate the flow of data between all business purposes inside the boundaries of the organization and manage the attachments to out-of-doors stakeholders. Built on a centralized database and normally utilizing a common computing platform and its system consolidate all business operations into a uniform and enterprise-wide system environment.

It is the system can either reside on a centralized server or be distributed across modular hardware and software units that provide "services" and communicate on a local area network. The circulated conceive allows a business to assemble modules from distinct vendors without the need for the placement of multiple exact replicates of complex and costly computer schemes in localities which will not use their full capacity. (Christoph, 2009)

Technology Advancement for Enterprise-Wide Planning

Most associations over the world have recognized that in a quickly altering natural environment, it is unrealistic to create and maintain a custom conceived software bundle which will cater to all their requirements and also be absolutely up-to-date. Realizing the obligation of user organizations some of the leading programs companies have conceived Enterprise Wide Planning programs which will offer an integrated programs answer to all the purposes of an organization. (Bret, 2006)

Some of the major features of Enterprise Wide Planning and what it can do for the business system are as below:

Enterprise Wide Planning facilitates company-wide Integrated Information System covering all functional areas like Manufacturing, Selling and distribution, Payables, Receivables, Inventory, Accounts, Human resources, Purchases etc.

Enterprise Wide Planning performs core corporate activities and increases customer service and thereby augmenting the Corporate Image.

Enterprise Wide Planning ...