Q2) Enterprise Resource Planning Systems (ERP) please quickly

Tasty Baking (TB) company has implemented an ERP system. You can refer to the case text attached to answer the following questions: T TASTY BAKING COMPANY: AN ENTERPRISE SYSTEM TRANSFORMS AN OLD FAVORITE asty Baking Company's name says it all. It is known for its Tastykake single-portion cupcakes, snack pics, cookies, and donuts, which are pre-wrapped fresh at its bakery and sold through approximately 15,500 convenience stores and supermarkets in the eastern United States. The Philadelphia-based company, which sold $28 in cakes its first day of business in 1914, rang up nearly $170 million in sales in 2007. Although Tasty Baking Company made customers smile, management and stockholders were frowning. Tasty is a fairly small enterprise in a maturing business, and saw its market share and sales dropping in the mid-1990s. In 2002, profitability levels were at an all-time low, with a -4.9 percent operating margin. To turn the company around, Tasty's new president and CEO Charles Pizzi introduced a new management team and strategic transformation plan. The strategy required new manufacturing methods and new information systems. Tasty's existing systems were technically challenged, inflexible, and posed serious compliance and other business risks. Many key processes were traditional and heavily manual, and the company did not have timely information for tracking manufacturing outputs and warehouse shipments. Tasty had to physically count all the items in its warehouses every day. Even so, inventory information was still inaccurate and out of date. Shipments were missed, and excess inventory had to be sold at a discount at bakery thrift stores. Tasty's market share and sales Q2) Show the different approaches used in system development life cycle [4 Marks, CLO2] I E