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Enterprise resource planning

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Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology. [1]

137 relations: Accounting, Accounting software, Accounts payable, Accounts receivable, Activity-based costing, Application Integration Architecture, Application programming interface, Application software, Association for Information Systems, Back office, Basel II, Best practice, Bill of materials, Bill of resources, Bruce Dehning, Budget, Business intelligence, Business model, Business process, Business process management, Business process reengineering, Business sector, Call centre, Capacity utilization, Cash management, CEITON, Collaboration, Comparison of project management software, Competitive advantage, Computer hardware, Computer network, Computer-integrated manufacturing, Consolidation (business), Cost, Cost accounting, Customer, Customer relationship management, Cybernetics, Dashboard (business), Data migration, Data mining, Database, Database transaction, Decision-making, Diversity (business), Document automation, E-commerce, E-government, Economic planning, Electronic business, ..., Electronic funds transfer, Email, Employee benefits, Employee offboarding, Engineering, Enterprise appliance transaction module, Enterprise application integration, Enterprise feedback management, Enterprise planning system, Enterprise system, ERP modeling, ERP system selection methodology, Euro, FIFO and LIFO accounting, Finance, Fixed asset, Freight transport, Front office, Gartner, General ledger, Globalization, Harvard Business Review, Human resources, IBM, Information repository, Information technology management, International Financial Reporting Standards, Inventory, Inventory optimization, Invoice, Just-in-time manufacturing, Knowledge-based configuration, Legacy system, List of ERP software packages, Maintenance (technical), Management, Management accounting, Management information system, Manufacturing operations management, Manufacturing resource planning, Mass customization, Master data management, Material balance planning, Material requirements planning, Monolithic system, On-premises software, Operations research, Order picking, Order to cash, Packaging and labeling, Payroll, Pension, Pricing, Product life-cycle management (marketing), Product naming convention, Productive capacity, Project management, Public sector, Purchase order, Purchasing, Quality control, Raw material, Recruitment, Research data archiving, Retirement, Sarbanes–Oxley Act, Schedule, Schedule (workplace), Service management, Software as a service, Stakeholder (corporate), Standardization, Supply chain management, Switching barriers, Systems integrator, Track and trace, Training, Transaction processing, Transparency (behavior), Visitor management, Walmart, Warehouse, Work breakdown structure, Workflow, Workflow management system, Workstation, Year 2000 problem. Expand index (87 more) »

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.

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Accounting software

Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable,journal, general ledger, payroll, and trial balance.

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Accounts payable

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet.

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Accounts receivable

Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for.

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Activity-based costing

Activity-based costing (ABC) is a costing methodology that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each.

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Application Integration Architecture

In computing, Application Integration Architecture (AIA) is an integration framework produced by Oracle Corporation.

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Application programming interface

In computer programming, an application programming interface (API) is a set of subroutine definitions, protocols, and tools for building software.

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Application software

An application software (app or application for short) is a computer software designed to perform a group of coordinated functions, tasks, or activities for the benefit of the user.

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Association for Information Systems

The Association for Information Systems (AIS) is an international, not-for-profit, professional association with the stated mission to serve society through the advancement of knowledge and the promotion of excellence in the practice and study of information systems.

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Back office

A back office in most corporations is where tasks building layout of early companies where the front office would contain the sales and other customer-facing staff and the back office would be those manufacturing or developing the products or those involved in administration without being seen by customers.

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Basel II

Basel II is the second of the Basel Accords, (now extended and partially superseded by Basel III), which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.

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Best practice

A best practice is a method or technique that has been generally accepted as superior to any alternatives because it produces results that are superior to those achieved by other means or because it has become a standard way of doing things, e.g., a standard way of complying with legal or ethical requirements.

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Bill of materials

A bill of materials or product structure (sometimes bill of material, BOM or associated list) is a list of the raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture an end product.

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Bill of resources

A bill of resources (BOR) describes a list of resources, such as labor, needed to complete a saleable product.

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Bruce Dehning

Bruce Dehning is an American professor and scholar who spent almost his entire career in the collegiate realm.

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Budget

A budget is a financial plan for a defined period of time, usually a year.It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.

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Business intelligence

Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information.

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Business model

A business model describes the rationale of how an organization creates, delivers, and captures value,Business Model Generation, Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts.

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Business process

A business process or business method is a collection of related, structured activities or tasks that in a specific sequence produces a service or product (serves a particular business goal) for a particular customer or customers.

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Business process management

Business process management (BPM) is a discipline in operations management in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes.

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Business process reengineering

Business process re-engineering (BPR) is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization.

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Business sector

In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies".

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Call centre

A call centre or call center is a centralised office used for receiving or transmitting a large volume of requests by telephone.

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Capacity utilization

Capacity utilization or capacity utilisation is the extent to which an enterprise or a nation uses its installed productive capacity.

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Cash management

Cash management refers to a broad area of finance involving the collection, handling, and usage of cash.

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CEITON

CEITON is a proprietary web-based software system for planning, managing, scheduling and invoicing business processes of companies using workflow technologies.

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Collaboration

Collaboration occurs when two or more people or organizations work together--> to realize or achieve a goal.

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Comparison of project management software

The following is a comparison of project management software.

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Competitive advantage

In business, a competitive advantage is the attribute that allows an organization to outperform its competitors.

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Computer hardware

Computer hardware includes the physical parts or components of a computer, such as the central processing unit, monitor, keyboard, computer data storage, graphic card, sound card and motherboard.

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Computer network

A computer network, or data network, is a digital telecommunications network which allows nodes to share resources.

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Computer-integrated manufacturing

Computer-integrated manufacturing (CIM) is the manufacturing approach of using computers to control the entire production process.

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Consolidation (business)

In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones.

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Cost

In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore.

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Cost accounting

Cost accounting is the process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process, and then developing various courses of action to control the costs.

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Customer

In sales, commerce and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.

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Customer relationship management

Customer relationship management (CRM) is an approach to manage a company's interaction with current and potential customers.

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Cybernetics

Cybernetics is a transdisciplinary approach for exploring regulatory systems—their structures, constraints, and possibilities.

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Dashboard (business)

Dashboards often provide at-a-glance views of KPIs (key performance indicators) relevant to a particular objective or business process.

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Data migration

Data migration is the process of transferring data between computer storage types or file formats.

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Data mining

Data mining is the process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems.

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Database

A database is an organized collection of data, stored and accessed electronically.

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Database transaction

A transaction symbolizes a unit of work performed within a database management system (or similar system) against a database, and treated in a coherent and reliable way independent of other transactions.

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Decision-making

In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities.

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Diversity (business)

The "business case for diversity" stems from the progression of the models of diversity within the workplace since the 1960s.

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Document automation

Document automation (also known as document assembly) is the design of systems and workflows that assist in the creation of electronic documents.

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E-commerce

E-commerce is the activity of buying or selling of products on online services or over the Internet.

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E-government

E-government (short for electronic government) is the use of electronic communications devices, computers and the Internet to provide public services to citizens and other persons in a country or region.

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Economic planning

Economic planning is a mechanism for the allocation of resources between and within organizations which is held in contrast to the market mechanism.

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Electronic business

Online Business or e-business is a term which can be used for any kind of business or commercial transaction that includes sharing information across the internet.

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Electronic funds transfer

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

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Email

Electronic mail (email or e-mail) is a method of exchanging messages ("mail") between people using electronic devices.

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Employee benefits

Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

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Employee offboarding

Employee exit management or offboarding describes the consciously designed separation process when an employee leaves the company, for which he has previously worked within the scope of a work or service contract.

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Engineering

Engineering is the creative application of science, mathematical methods, and empirical evidence to the innovation, design, construction, operation and maintenance of structures, machines, materials, devices, systems, processes, and organizations.

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Enterprise appliance transaction module

An enterprise appliance transaction module (EATM) is a device, typically used in the manufacturing automation marketplace, for the transfer of plant floor equipment and product status to manufacturing execution systems (MES), enterprise resource planning (ERP) systems and the like.

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Enterprise application integration

Enterprise application integration (EAI) is the use of software and computer systems' architectural principles to integrate a set of enterprise computer applications.

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Enterprise feedback management

Enterprise feedback management (EFM) is a system of processes and software that enables organizations to centrally manage deployment of surveys while dispersing authoring and analysis throughout an organization.

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Enterprise planning system

An enterprise planning system covers the methods of planning for the internal and external factors that affect an enterprise.

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Enterprise system

Enterprise systems (ES) are large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.

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ERP modeling

ERP modeling, is the process of reverse engineering an Enterprise Resource Planning software package in order to align it to an organizational structure.

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ERP system selection methodology

An ERP system selection methodology is a formal process for selecting an enterprise resource planning (ERP) system.

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Euro

The euro (sign: €; code: EUR) is the official currency of the European Union.

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FIFO and LIFO accounting

FIFO and LIFO accounting are methods used in managing inventory and financial matters involving the amount of money a company has to have tied up within inventory of produced goods, raw materials, parts, components, or feed stocks.

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Finance

Finance is a field that is concerned with the allocation (investment) of assets and liabilities (known as elements of the balance statement) over space and time, often under conditions of risk or uncertainty.

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Fixed asset

Fixed assets, also known as tangible assets or property, plant and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash.

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Freight transport

Freight transport is the physical process of transporting commodities and merchandise goods and cargo.

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Front office

The front office or reception is an area where visitors arrive and first encounter a staff at a place of business.

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Gartner

Gartner, Inc. is a global research and advisory firm providing insights, advice, and tools for leaders in IT, Finance, HR, Customer Service and Support, Legal and Compliance, Marketing, Sales, and Supply Chain functions across the world.

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General ledger

A general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses.

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Globalization

Globalization or globalisation is the process of interaction and integration between people, companies, and governments worldwide.

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Harvard Business Review

Harvard Business Review (HBR) is a general management magazine published by Harvard Business Publishing, a wholly owned subsidiary of Harvard University.

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Human resources

Human resources are the people who make up the workforce of an organization, business sector, or economy.

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IBM

The International Business Machines Corporation (IBM) is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries.

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Information repository

An information repository is an easy way to deploy a secondary tier of data storage that can comprise multiple, networked data storage technologies running on diverse operating systems, where data that no longer needs to be in primary storage is protected, classified according to captured metadata, processed, de-duplicated, and then purged, automatically, based on data service level objectives and requirements.

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Information technology management

IT management is the discipline whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities.

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International Financial Reporting Standards

International Financial Reporting Standards, usually called IFRS, are standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB) to provide a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.

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Inventory

Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).

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Inventory optimization

Inventory optimization is a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.

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Invoice

An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer.

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Just-in-time manufacturing

Just-in-time (JIT) manufacturing, also known as just-in-time production or the Toyota Production System (TPS), is a methodology aimed primarily at reducing flow times within production system as well as response times from suppliers and to customers.

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Knowledge-based configuration

Knowledge-based configuration, or also referred to as product configuration or product customization, is an activity of customising a product to meet the needs of a particular customer.

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Legacy system

In computing, a legacy system is an old method, technology, computer system, or application program, "of, relating to, or being a previous or outdated computer system." Often a pejorative term, referencing a system as "legacy" means that it paved the way for the standards that would follow it.

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List of ERP software packages

This is a list of enterprise resource planning (ERP) software.

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Maintenance (technical)

The technical meaning of maintenance involves operational and functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure, and supporting utilities in industrial, business, governmental, and residential installations.

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Management

Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body.

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Management accounting

In management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.

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Management information system

Management information system or management information systems (MIS) refers to the complementary networks of hardware and software cooperating to collect, process, store, and disseminate information in order to support the managerial role of leveraging information technology to increase business value and profits.

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Manufacturing operations management

Manufacturing operations management (MOM) is a methodology for viewing an end-to-end manufacturing process with a view to optimizing efficiency.

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Manufacturing resource planning

Manufacturing resource planning (MRP II) is defined as a method for the effective planning of all resources of a manufacturing company.

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Mass customization

Mass customization, in marketing, manufacturing, call centres and management, is the use of flexible computer-aided manufacturing systems to produce custom output.

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Master data management

In business, master data management (MDM) is a method used to define and manage the critical data of an organization to provide, with data integration, a single point of reference.

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Material balance planning

Material balances are a method of economic planning where material supplies are accounted for in natural units (as opposed to using monetary accounting) and used to balance the supply of available inputs with targeted outputs.

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Material requirements planning

Material requirements planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes.

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Monolithic system

Monolithic system can have different meanings in the contexts of computer software and hardware.

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On-premises software

On-premises software (sometimes misspelled "on-premise" or abbreviated as "on-prem") is installed and runs on computers on the premises (in the building) of the person or organization using the software, rather than at a remote facility such as a server farm or cloud.

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Operations research

Operations research, or operational research in British usage, is a discipline that deals with the application of advanced analytical methods to help make better decisions.

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Order picking

The order picking or order preparation operation is one of a logistic warehouse's processes.

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Order to cash

Order to cash (O2C or OTC) normally refers to one of the top-level (context level) business process for receiving and processing customer orders.

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Packaging and labeling

Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use.

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Payroll

A payroll is a company's list of its employees, but the term is commonly used to refer to.

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Pension

A pension is a fund into which a sum of money is added during an employee's employment years, and from which payments are drawn to support the person's retirement from work in the form of periodic payments.

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Pricing

Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan.

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Product life-cycle management (marketing)

Product life-cycle management (PLM) is the succession of strategies by business management as a product goes through its life-cycle.

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Product naming convention

A product naming convention is a process of product or good description or titling.

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Productive capacity

Productive capacity is the maximum possible output of an economy.

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Project management

Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time.

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Public sector

The public sector (also called the state sector) is the part of the economy composed of both public services and public enterprises.

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Purchase order

A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

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Purchasing

Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals.

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Quality control

Quality control, or QC for short, is a process by which entities review the quality of all factors involved in production.

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Raw material

A raw material, also known as a feedstock or most correctly unprocessed material, is a basic material that is used to produce goods, finished products, energy, or intermediate materials which are feedstock for future finished products.

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Recruitment

Recruitment (hiring) refers to the overall process of attracting, shortlisting, selecting and appointing suitable candidates for jobs (either permanent or temporary) within an organization.

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Research data archiving

Research data archiving is the long-term storage of scholarly research data, including the natural sciences, social sciences, and life sciences.

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Retirement

Retirement is the withdrawal from one's position or occupation or from one's active working life.

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Sarbanes–Oxley Act

The Sarbanes–Oxley Act of 2002, also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (in the House) and more commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law that set new or expanded requirements for all U.S. public company boards, management and public accounting firms.

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Schedule

A schedule or a timetable, as a basic time-management tool, consists of a list of times at which possible tasks, events, or actions are intended to take place, or of a sequence of events in the chronological order in which such things are intended to take place.

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Schedule (workplace)

A schedule, often called a rota or roster, is a list of employees, and associated information e.g. location, working times, responsibilities for a given time period e.g. week, month or sports season.

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Service management

Service management in the manufacturing context, is integrated into supply chain management as the intersection between the actual sales and the customer point of view.

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Software as a service

Software as a service (SaaS) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.

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Stakeholder (corporate)

In a corporation, as defined in its first usage in a 1963 internal memorandum at the Stanford Research Institute, a stakeholder is a member of the "groups without whose support the organization would cease to exist".

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Standardization

Standardization or standardisation is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments Standardization can help to maximize compatibility, interoperability, safety, repeatability, or quality.

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Supply chain management

In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

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Switching barriers

Switching barriers or switching costs are terms used in microeconomics, strategic management, and marketing to describe any impediment to a customer's changing of suppliers (customer switching).

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Systems integrator

A systems integrator (or system integrator) is a person or company that specializes in bringing together component subsystems into a whole and ensuring that those subsystems function together, a practice known as system integration.

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Track and trace

In distribution and logistics of many types of products, track and trace or tracking and tracing, concerns a process of determining the current and past locations (and other information) of a unique item or property.

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Training

Training is teaching, or developing in oneself or others, any skills and knowledge that relate to specific useful competencies.

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Transaction processing

Transaction processing is information processing in computer science that is divided into individual, indivisible operations called transactions.

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Transparency (behavior)

Transparency, as used in science, engineering, business, the humanities and in other social contexts, is operating in such a way that it is easy for others to see what actions are performed.

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Visitor management

Visitor management refers to tracking the usage of a public building or site.

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Walmart

Walmart Inc. (formerly branded as Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

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Warehouse

A warehouse is a commercial building for storage of goods.

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Work breakdown structure

A work-breakdown structure (WBS) in project management and systems engineering, is a deliverable-oriented breakdown of a project into smaller components.

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Workflow

A workflow consists of an orchestrated and repeatable pattern of business activity enabled by the systematic organization of resources into processes that transform materials, provide services, or process information.

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Workflow management system

A workflow system provides an infrastructure for the set-up, performance and monitoring of a defined sequence of tasks, arranged as a workflow application.

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Workstation

A workstation is a special computer designed for technical or scientific applications.

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Year 2000 problem

The Year 2000 problem, also known as the Y2K problem, the Millennium bug, the Y2K bug, or Y2K, is a class of computer bugs related to the formatting and storage of calendar data for dates beginning in the year 2000.

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ERP software, ERP system, ERP system strategy, ERP systems, Enterprise Resource Planning, Enterprise Resource Planning audit, Enterprise resource planner, Enterprise resource processing, Erp software providers, Erp system strategy, Government Resource Planning, Government resource planning, List of ERP service providers, Postmodern ERP.

References

[1] https://en.wikipedia.org/wiki/Enterprise_resource_planning

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