Technology and Management Functions Paper (due Week One) Essay

Technology and Management Functions Paper (due Week One) - Essay Example The efficiency quotient is however low due to various factors It was understood that the way to achieving efficiencies lies in Technology upgradation. This was the most important, yet the weakest of all resources we have. To help the day to day management of the organization the company used several small software packages for different departments like Finance, Production, and HR management. Yet the information was lacking for correct decision making. To overcome this issue it was agreed that the best option was to have an integrated ERP solution and to discard the several smaller software packages. This would result in seamless flow of data from point to point and instant information will be possible. This would be the backbone of an efficient organization. An industry specific ERP was purchased installed and implemented throughout the organization with a central database at the company Headquarters where all information became available to the management to help them in making informed decisions. The first step was to define the workflow between different departments. The ERP Project Managers assisted in planning a system and then provided activity based results in form of MIS (management information system) reports. These dynamic reports, that are prepared on the fly by picking data as soon as it is recorded, offer the management current status of each activity. They are indeed an end-to-end report management system. These reports can be accessed from any location enabling management to spot problems quickly and address them without delay. This would also reduce wasteful communication earlier required for just accessing the information. Production Planning and Control (PPC) was introduced at the various production units of the company. This resulted in identifying the resources available and then distributing the orders between them based on available capacity. The ERP could forecast this based on Knowledge Inputs like output