Chapter1+4-3=2

Topics: Enterprise resource planning, Supply chain management, Management Pages: 2 (582 words) Published: December 10, 2012
Foreign literature
Airzona electric power
Systems Applications and Products, known as SAP, is an enterprise resource planning system (ERP) used by Arizona Electric Power.   “An ERP system integrates internal and external management information across an entire organization.   Enterprise resource planning systems automate this activity with an integrated computer-based application.   Its purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders” (Rapid Implementation and Project Planning, 2001, p. 9).   An integrated ERP system provides real-time data such as sales forecasting, inventory optimization, order tracking, revenue tracking, purchasing, and costing. SAP’s common database supports all applications and consists of functional areas that include finance/accounting, manufacturing, sales, service, human resources, supply chain management and project management for all levels of Arizona Electric Power’s utility industry and addresses the needs of generation, transmission, and distribution.   The inventory management module of SAP provides management with material stocks on a quantity and value basis, provides planning, entry, and documentation of all goods movement, and carries out the physical inventory.   All tangible materials are classified in SAP’s system according to like groups and are broken down by physical location (specific warehouse location) and then by storage location (shelves, pallets, bins, etc.).   Minimum and maximum material levels are maintained by real-time data originated by SAP’s reservation process and used by the powerplant and project systems.   The reservation process is created at the time a work order is initiated.   It identifies material requirements, checks replenish limits, and guarantees specified inventory levels.  

Local studies
IC Inventory System IC Inventory System is an on-line system made for...
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