An International pharmaceutical company is engaged in manufacturing of several types of medicines at various factories. Each factory sends information on different software and platforms, thus fails to communicate with e

CS Professional · Information Technology and Systems Audit · PYQS · December 2017
An International pharmaceutical company is engaged in manufacturing of several types of medicines at various factories. Each factory sends information on different software and platforms, thus fails to communicate with each other to consolidate the information at one place. In order to solve this problem, the technical advisor of the company recommended the implementation of the ERP solution. In order to learn more about the ERP solution from the technical advisor, the top management raised following queries before finalising the proposal. Suppose you are the technical advisor of the company. Provide the answers of the above queries to the top management to make them to learn more about ERP system. What are the major modules of the ERP package and their functions.

Answer & Explanation:

Following are the major modules of ERP package and their functions. These modules include sales, production, material, finance, and personnel. Major Modules Functions Business Forecasting, Planning, Goals, Objectives, Targets, Strategy Control, Fixed Assets Sales Forecasting, Planning, Sales Budget, Order Processing, Order Execution, Delivery Invoicing, Maintenance Production Planning, Order Control, WIP, Quality, Scheduling, Dispatch, Quality Control Materials Purchase, Inventory, Stores, Valuation, Analysis, Control, Cost Finance Accounting, Funds Mgt., Balance Sheet Processing, Schedules, Analysis, Control, Management Accounting, Budgeting, Asset Management, General Ledger, Accounts Payable, Cash Reconciliation, Account Receivables, Governance and Risk Management, Travel and Expense Management Personnel Human Resource, Payroll, Skill Attendance Inventory, Analysis, Control, Consolidation of Business Operations, Performance, Student Management, Student Lifecycle, Academic Advisement.

Topics: Enterprise Resource Planning (ERP)

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