Enterprise System and Data Mining Prelim and Midterm Exam

What is the term for integrating data and workflows across different business functions within an enterprise system to streamline operations?

Which ERP module is specifically responsible for managing employee payroll, benefits, and other HR-related tasks?

Which enterprise system is specifically designed to manage customer interactions, sales processes, and marketing automation?

Name one key advantage of using a cloud-based ERP system over an on-premises system.

Which ERP vendor developed SAP S/4HANA, a system designed for real-time data processing and business intelligence?

Why is business process integration important in enterprise systems?

What are some common risks and challenges companies face when implementing ERP systems?

Compare and contrast on-premises ERP and cloud-based ERP. Mention at least one key difference and one potential benefit of each approach.

Scenario 1: A manufacturing company recently implemented an ERP system but is facing severe disruptions in its supply chain. The system has difficulty tracking raw materials and finished goods, leading to production delays. Employees also complain that the system is too complex and difficult to use.

Q1: Identify two possible reasons why the ERP system is failing to improve the supply chain. (5 points)
Q2: Suggest two best practices that could have been followed to prevent these issues.. (5 points)

Scenario 2: A retail business has been using an on-premises ERP system for over a decade. While it has served the company well, maintaining the system has become costly, and integrating it with newer technologies is difficult. The company is considering moving to a cloud-based ERP solution.

Q1: What are two key benefits the company could gain from switching to a cloud-based ERP?

Q2: What are two potential challenges the company might face during the migration process?