Explain, in detail, what mass customization enabled by ERP means.
Mass customization is the process of manufacturing products as per the requirements of the customers. It has become common in every industry where the products are provided in colour or shape any other criteria as per the requirements and orders of customers. There are some challenges with mass customization like availability of resources, time and material management etc., In order to overcome these problems an ERP system can be used. This system records all the orders and requirements of the customers and automatically places orders for the required raw material and is ensures the work gets completed on time. It issues the bills and dispatches the material .ERP system helps in effective planning and management of activities. Hence ERP system ensures that the process for mass customization is fast and efficient.
B. Can laptops manufacturing companies follow mass customization. Please write the process of mass customization for a laptop company in detail.
One component of a successful Mass Customization strategy is to delay the final customization of a product as late as possible in the production process. What is this called? A. Procrastination B. Discontinuation C. Deferment D, Postponement E. Accommodation
Explain how the following concepts have shaped the operations management: A. Just-in-time B. Mass customization
3. In what way are ERP, CRM and SCM connected? Why do businesses use ERP? What are the major benefits? What are some components that make up ERP systems? Name three and explain why they are important. In your opinion, what is more important to gather from ERP: data or information?
What is ERP? What are major advantages / disadvantages of ERP? Discuss ERP in terms of Porter's Five Forces Analysis. If two competitors (Company A and Company B) both have installed ERP system - SAP HANA, how/why can they compete even though their IT solution are the same enterprise information systems solution (SAP HANA)? Note: you can use any possibilities from the Five Forces Model, Value Chain, and Competitive IT Advantages.
What does investment insurance type means in detail ?
Can you explain please what is ERP ( enterprise recourse) and give an example of the company/ industry that is currently using it.
Please explain What are DHL's company’s key applications (or ERP component programs). what are the components and their purposes as an External stakeholders
Explain what characteristics have enabled Metridium to grow to a larger size than Hydra.
1. Example one company that using ERP? 2. Explain what implementation strategy,results ,recommendations and conclusion those company using ERP?