ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Purchasing goods needed by the company and managing stock in the warehouse
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Procurement of goods, materials (materials) or services (service) from external parties needed to carry out the production process in a company
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Making sale and purchase agreements between companies and vendors
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Adjustment of the amount of material in the warehouse (warehouse) according to consumer needs
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Detailed explanation-1: -The procurement module, also known as the purchasing module, helps an organization secure the materials or products it needs to manufacture and/or sell goods.
Detailed explanation-2: -SAP’s various ERP products enable its customers to run their business processes, including accounting, sales, production, HR and finance, in an integrated environment, with data from each module stored in a central database.
Detailed explanation-3: -How does an ERP system enforce best practices for an organization? a. An ERP (enterprise resource planning) system is a software application with a centralized database that is implemented across the entire organization. It enforces best practices through the business processes embedded in the software.