Professional Documents
Culture Documents
It’s also important to distinguish between whether your workflow depicts a process
as it currently stands or a future one you hope to implement.
You should also note process timelines, deviations, potential bottlenecks, and
potential improvements.
4. Eliminate inefficiencies.
Next, take a look at your tasks and categorize them into ‘must-have,’ ‘useful,’ ‘nice
to have,’ and ‘not necessary.’ This will help you streamline your process and assign
jobs to the appropriate people.
To categorize tasks, refer back to your overall goal and the company’s overall goal.
Is a specific task contributing to this goal? If it’s not, consider putting it on the ‘not
necessary’ pile.
5. Design the workflow
Now, it’s time to turn all that data into lovely visuals. Whether you use a pen and
paper or a diagramming tool is up to you. But whichever method you choose, make
sure it’s easily shareable, editable, and simple to use.
6. Analyze your results
Are there any bottlenecks? Are certain processes taking too long, or are some stages
more expensive than they should be? Can you improve efficiency through
automation? These are all valid questions to consider.
They can likewise normalize and computerize supporting and manufacturing, and
bringing together acquisition across an association's unique specialty units. An ERP
Software framework can likewise give a normalized HR stage to expense tracking,
time reporting, skill matching, cost following, and so forth, and upgrade company’s
capacity to record the important announcement for government guidelines, across
HR, finance, and the inventory network.
Distinguish between Business Engineering and Business Process Engineering
BPR BPM
Enlist various ERP Software and explain any one of them with its feature.
List of ERP Software like SAP, Oracle, People soft, Baan etc
5
Any one or two features like Finance, material management, warehouse
management etc.
Enlist various ERP Software and compare them
6 List as same above
Compare any two
Write features and applications of EPP modules.
7 Any one or two features like Finance, material management, warehouse
management etc. and its applications
Explain the term
1. Manufacturing Information System in lean manufacturing
8 2. Industry 5.0. environment
3. Business blueprint (BBP)
Explain each in detail with example
2. EDI
EDI stands for Electronic Data Interchange model. It is the exchange of
documents between companies through computers in a standard format using
networks, such as the internet. It replaces the paper-based exchange of business
documents. In EDI a standard format is used because the computer will be able
to read and understand the documents as it is a computer-based data exchange
method. It is widely used for ecommerce purposes.
The Various benefits of this model are:
This model reduced the cost.
5 It increased the processing speed.
This model provides information security.
This model reduced errors.
This model helps in improved relationship between business partners.
3. B2C
Businesses sell directly to their end-users. Anything you buy in an online store
as a consumer — from wardrobe and household supplies to entertainment — is
done as part of a B2C transaction.
The decision-making process for a B2C purchase is much shorter than a
business-to-business (B2B) purchase, especially for lower-value items.
Because of this shorter sales cycle, B2C businesses typically spend less
marketing dollars to make a sale while having a lower average order value and
fewer recurring orders than their B2B counterparts.
B2C includes both products and services as well. B2C innovators have
leveraged technology like mobile apps, native advertising and remarketing to
market directly to their customers and make their lives easier.
Write down the role of Intranets and Extranets?
1. Intranet :
Intranet is owned by a single organization and is a tool for sharing information
throughout the organization. It is the type of Internet that is used privately. Since,
intranet is a private network so no one can use the intranet whose have not valid
username and password. In intranet, there are a limited number of connected devices
as compared to internet. Intranet is highly secure and has a small number of visitors. It
6 is used in order to get employee information, telephone directory etc.
2. Extranet :
Extranet is owned by either a single or a many organization. It is managed on a
contractual basis between organizations and is a tool for sharing information between
the internal members and external members. Like intranet, it is also a private network
so only those who have a valid username and password can use the extranet. Extranet
is used to check status, access data, send mail, place order etc.
Explain the term - Information requirement & system for SCM, CRM & SRM.
SCM (Supply chain management):
Top Features and Requirements
1. Monitoring and Planning:
SCM systems provide information like shipment date, time, ID, order number,
freight data and much more. Businesses can analyze these insights to track
KPIs and make better strategic decisions.
2. Order Processing and Inventory Management:
Getting an order from sale to delivery quickly and accurately is one of the
primary SCM requirements. Getting a head start with strong order processing
can make all the difference for the right company. Order processing
functionality streamlines your order-related activities, increasing the number of
perfect orders and improving customer satisfaction. It primarily handles the
creation and delivery of orders, including those from multiple channels and
drop shipments. You may choose a system that can handle your invoices as
well.
7 3. Warehouse Management:
A warehouse management system (WMS) brings a more precise level of
control to physical warehouse operations. SCM feature helps users more
capably direct what happens inside the warehouse. These systems help deal
with all parts of the equation, including labor, materials, floor space and
operational protocols, everything that makes a warehouse work day-to-day.
4. Transportation Management
Transportation management tools direct the systems that handle supplies in
transit. In many cases, this is a mix of over-the-road fleet management tools
and monitoring for other types of shipping, such as rail, air or sea shipping.
Being able to monitor shipments allows you to see issues in their early stages,
giving you the most time to get back on track.
5. Sourcing and Supply Management
Sourcing procurement and supplier management tools bring other slightly
different angles to the task of evaluating your supply chain processes. Many of
these tools look at costs, contract management, supplier quality and other
issues. They help drive the sourcing and procurement of raw materials and
supplies, as well as assess the technical aspects of the relationships between
companies and their vendors.
6. Supply Chain Analytics
Along with the SCM features that support the functions of a supply chain, you
may want to invest in software that can evaluate your process. These tools use
business intelligence and analytics to help you understand how your problems
originate, what you can do to manage risks and what events are likely to occur
in the future.
CRM
The following is a checklist of typical CRM requirements:
1. Contact Management
Contact management is a core component of CRM solutions, allowing
companies to collect, store and act on data from prospects, leads and
customers. The best systems can maintain better contact management, easy
proposal creations and more. CRMs enable users to manage appointments with
prospects, leads, colleagues, vendors and other contacts.
2. Client Interaction Tracking
Once leads become customers, it’s important that you’re able to manage all the
touchpoints between them and your business. CRMs provide tools for handling
and keeping track of your interactions with clients, such as invoices, purchase
history and order status. Dashboards act as a central hub of information, so it’s
easy to see a record of a customer’s interactions with your brand.
3. Database Management
Mastering data management of your customer database should be a high
priority of your CRM platform, so you can ensure data integrity. In addition to
storing records in a central location, the database can allow you to link data
across different departments (such as sales and marketing) and view the
relationships between different records. It also helps you maintain clear, up-to-
date records and avoid duplicates.
4. Marketing and Campaign Management
One of the most essential features of a CRM is marketing automation. They go
hand-in-hand, so most CRMs offer marketing automation modules or have the
ability to connect seamlessly with the top standalone marketing automation
solutions.
5. Lead Management
Two critical parts of customer relationship management are generating leads
and properly managing them. CRMs come with embeddable web forms that
capture leads and store the data directly in the system. They simplify lead
distribution by assigning leads with pre-defined criteria to route them to the
appropriate sales representatives.
6. Sales Automation
It’s essential to know how well your CRM manages opportunities and how
marketing and sales teams can collaborate. Users of CRM systems can manage
sales opportunities from the first contact to sales closure, assigning each lead to
the most qualified sales rep to nurture them and ensuring every lead gets
attention.
SRM (Supplier Relationship Management):
SRM is all about planning, tracking, structuring relationships and streamlining
processes. This is all to serve to deliver greater efficiency and save money while not
neglecting quality. For Supplier relationship management to be successful it must
target the processes between the company and its vendors on operational, tactical and
strategic levels.
Therefore, SRM must be flexible and able to respond quickly to change. This is why
the supplier relationship management process is so important. It must be a two-way
street, serving both the company and its vendors. There is a need for collaboration,
innovation and competitive advantage to make supplier relationship management
work. Follow these steps to develop a successful SRM process.
1. Cloud Computing
Cloud MES is a ‘Software as a Service (SaaS)’ solution, using software that runs
over the Internet in a public cloud. Using cloud MES solutions, all involved
9
personnel can access real-time operational data at any time. This connects
departments and helps businesses monitor MES, ERP, and supply chains to form
integrated strategies off the back of the data they’ve collected. Synchronization
between MES and ERP can be straightforward, and it provides the ability for an
untethered workforce.
Functions like monitoring inventory once required someone to be on the plant
floor, but this is no longer the case with cloud connectivity. Employees can now
check inventory on any mobile device from anywhere, anytime. If the system
goes down, not only does production halt but getting the MES functional again
becomes an IT nightmare. With systems in the cloud, your operations leaders
can focus on core business objectives—leaving IT functions in the hands of IT
experts.
Data Quality: This can be used to analyze data and identify inconsistencies,
errors, and missing data, and help organizations to improve data quality and
ensure that the data used in MIS is accurate and complete.
Data Security: AI/ML can be used to detect and respond to security threats,
including unauthorized access and data breaches. This can help organizations to
improve their data security and protect sensitive information. AI can be used to
analyze user behaviour and identify anomalies that may indicate fraudulent or
malicious activity.
Data Sharing: It can be used to integrate multiple systems and applications,
enabling data to be shared more easily and efficiently. This can help
organizations to streamline their operations and improve collaboration.
Data Capturing: By using AI, the data collection and analysis process can be
automated, reducing the need for manual intervention and improving the speed
and accuracy of the analysis.
Data Analysis: AI-powered predictive analytics can help companies make more
accurate and data-driven decisions, improving the efficiency and effectiveness
of their MIS systems.
Improved Decision Support System: AI can help the MIS to provide decision
support by analysing and processing large amounts of data in real-time, and
presenting insights that can be used to make better business decisions.
With the help of AI/ML, the MIS can analyse the sales data and identify patterns
and trends in real-time, such as which products are selling the most, which stores
are performing better, and which customer segments are driving sales. Based on
these insights, the MIS can provide decision support to the company's
management team, enabling them to make informed decisions about inventory
management, product pricing, and marketing strategies. If the AI-powered MIS
identifies that a particular product is selling well in one store but not in another,
it can suggest moving the product to the underperforming store to increase sales
The key features of the knowledge-based expert system in MIS are as described below:
1) High-Level Expertise :
The high-level expertise provided to help in problem solving is one of the most valuable
features of an expert system. This expertise is analogous to the best thinking by top experts
in the specific field providing solutions which are creative, precise and efficient.
3) Institutional Memory :
Institutional memory refers to the body of knowledge which defines the ability of an expert
system. When people in important position leave an organisation, their expertise gets
reserved as institutional memory. This is significant and critical for vital military and
government institutions where personnel transfers are frequent.