Question: An enterprise resource planning ( ERP ) system can provide real - time visibility into inventory levels, allowing the manufacturing company to track the movement
An enterprise resource planning ERP system can provide realtime visibility into inventory levels, allowing the manufacturing company to track the movement of raw materials, workinprogress, and finished goods. Many ERP solutions make it easy to seamlessly integrate inventory management and tracking technologies such as RFID radio frequency identification inventory tracking. Assume you are the decisionmaker in a manufacturing company and your role entails conducting research on the usefulness and implementation aspects related to a feasible ERP system for the manufacturing company. QUESTION Marks Provide a critical review of the pros and cons of using enterprise resource planning ERP for financial management within the manufacturing company. Provide your overall view on whether it is feasible to use ERP for financial management. QUESTION MarksAn enterprise resource planning ERP system can provide realtime visibility into inventory levels, allowing the manufacturing company to track the movement of raw materials, workinprogress, and finished goods. Provide a report examining the steps to follow when implementing an ERP system in the manufacturing company.
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