Inventory, Warehouse and Process Integration Reflection Paper

Inventory, Warehouse and Process Integration
Student Name
Institution
Inventory, Warehouse and Process Integration
Inventory and warehousing management are an important aspect of any business. These departments make up the essential building blocks of the entire organization and are just as important in business operations. Integration of this elements to other departments such as accounting and administration helps towards achieving a streamlined and effective approach to day-to-day operations ADDIN CSL_CITATION { "citationItems" : [ { "id" : "ITEM-1", "itemData" : { "abstract" : "This paper presents a framework for assessing the business benefits of Enterprise Resource Planning (ERP) systems. After analyzing the features of ERP systems, the literature on IT benefits, data from 233 ERP-vendor success stories published on the web, and interviews with 34 ERP cases, we have produced a consolidated framework of five benefit dimensions. This framework tries to classify the types of benefit that organizations can achieve by using ERP systems and provide a comprehensive foundation for planning, justifying, and managing the system. The framework focuses on benefits only, from the point of view of management as stakeholders; it does not consider costs.", "author" : [ { "dropping-particle" : "", "family" : "Shang", "given" : "Shari", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" }, { "dropping-particle" : "", "family" : "Seddon", "given" : "Peter B", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" } ], "container-title" : "AMCIS 2000 Proceedings", "id" : "ITEM-1", "issued" : { "date-parts" : [ [ "2000" ] ] }, "page" : "1005-1014", "title" : "A Comprehensive Framework for Classifying the Benefits of ERP Systems", "type" : "paper-conference" }, "uris" : [ "/documents/?uuid=e91c33af-a20b-468d-9318-a74017095bd0", "/documents/?uuid=7a89b1c4-10e0-46a8-bb8a-db7ae9da16d5" ] } ], "mendeley" : { "formattedCitation" : "(Shang & Seddon, 2000)", "plainTextFormattedCitation" : "(Shang & Seddon, 2000)", "previouslyFormattedCitation" : "(Shang & Seddon, 2000)" }, "properties" : { "noteIndex" : 0 }, "schema" : "https://github.com/citation-style-language/schema/raw/master/csl-citation.json" }(Shang & Seddon, 2000). Interdepartmental integration of Inventory and warehouse management can be achieved through a standalone warehouse management system or a system wide Enterprise Resource Planning (ERP) System. Back in the day, Companies need not use integrated systems, and these two entities could practically be run separately and still meet customer expectations. That is not the case nowadays as customers expectations are higher, and the economic climate demands that firms mitigate costs in order to remain competitive ADDIN CSL_CITATION { "citationItems" : [ { "id" : "ITEM-1", "itemData" : { "DOI" : "10.1108/02635570210414640", "ISBN" : "1463715051061", "ISSN" : "0263-5577", "abstract" : "Two distinct phases of ERP have been identified. The first phase refers to the changes that an organization undergoes in transforming from the old system and \u201cgoing live\u201d with the ERP system. The second phase, also called the second wave of ERP, refers to the actions subsequent to ERP implementation, that enable the organization to achieve the full capabilities and benefits of ERP. The paper examines the problems organizations frequently experience with ERP implementations, and suggests strategies for extending the value of ERP systems.", "author" : [ { "dropping-particle" : "", "family" : "Hillman Willis", "given" : "T.", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" }, { "dropping-particle" : "", "family" : "Hillary Willis\u2010Brown", "given" : "Ann", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" } ], "container-title" : "Industrial Management & Data Systems", "id" : "ITEM-1", "issue" : "1", "issued" : { "date-parts" : [ [ "2002" ] ] }, "page" : "35-38", "title" : "Extending the value of ERP", "type" : "article-journal", "volume" : "102" }, "uris" : [ "/documents/?uuid=adea792d-3277-49e4-8ebf-2fdba302398d", "/documents/?uuid=318489bd-a983-4c6e-baaf-039c22312b9b" ] } ], "mendeley" : { "formattedCitation" : "(Hillman Willis & Hillary Willis\u2010Brown, 2002)", "plainTextFormattedCitation" : "(Hillman Willis & Hillary Willis\u2010Brown, 2002)" }, "properties" : { "noteIndex" : 0 }, "schema" : "https://github.com/citation-style-language/schema/raw/master/csl-citation.json" }(Hillman Willis & Hillary Willis‐Brown, 2002). Maintaining a balance between customer satisfaction and reducing costs gave rise to the Warehousing Management and ERP Systems. An example of a corporate multination that uses the ERP system is General Electric Co. The GE Company has deployed EPR systems across all its 11 business units and divisions using a variety of systems including SAP, PeopleSoft and a couple of others ADDIN CSL_CITATION { "citationItems" : [ { "id" : "ITEM-1", "itemData" : { "DOI" : "10.4018/978-1-931777-06-3", "ISBN" : "9781931777063", "abstract" : "ERP systems are now ubiquitous in large businesses and the current move by vendors is to repackage them for small to medium enterprises (SMEs). This migration has many consequences that have to be addressed through understand- ing the history and evolution of ERP systems and their current architectures. The advantages and disadvantages of the ERP systems will impact their penetration in this new market. The market position and general strategy of the major systems providers in preparation for this push are described. The chapter concludes that the growth and success of ERP adoption and development in the new millennium will depend on the legacy ERP system\u2019s capability of extending to Customer Relationship Management (CRM), Supply Chain Management (SCM) and other extended modules, and integration with the Internet-enabled applications.", "author" : [ { "dropping-particle" : "", "family" : "Rashid", "given" : "Mohammad", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" }, { "dropping-particle" : "", "family" : "Hossain", "given" : "Liaquat", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" }, { "dropping-particle" : "", "family" : "Patrick", "given" : "Jon David", "non-dropping-particle" : "", "parse-names" : false, "suffix" : "" } ], "container-title" : "The Evolution of ERP Systems: A Historical Perspective", "id" : "ITEM-1", "issued" : { "date-parts" : [ [ "2002" ] ] }, "page" : "1-16", "title" : "The evolution of ERP Systems: A historical perspective", "type" : "chapter" }, "uris" : [ "/doc...