Saturday, 22 May 2021

Database Technology - Enterprise Management (MIS 22.05.2021)

MIS - Chapter 5

Database Technology

Enterprise Management

Enterprise management is a term used for modern examples of ERP that allow businesses to manage vital day-to-day processes such as inventory management, accounting, human resources and customer relationship management (CRM).

 

Enterprise management supports how different business units work by sharing information through a shared database.

 

Enterprise management is the way of conducting and controlling the business, process, information and IT capabilities, system and service offerings, resources and activities of the enterprise.

 

The purpose of enterprise management is to enable and assure the management and abilities of the enterprise management, capabilities of the enterprise are controlled, balanced and aligned to the mission and needs of the enterprise as a whole.

 

There are three primary types of enterprise management systems

1. Customer Relationship Management (CRM) is software that manages a company’s interactions with existing and potential customers. The ultimate goals of CRM are to keep businesses connected to customers, streamline their processes, and improve their profitability.

 

2. Enterprise Resource Planning (ERP) facilitates processes across multiple business functions. It allows organizations to eliminate discrepancies and duplications while sharing and accessing data in real-time.

 

3. Supply Chain Management (SCM) is software that manages the flow of goods, data, and finances related to a product. It begins with the purchase of raw materials and continues to the final delivery of the product.

Benefits of an Enterprise Management System:

1. Easier business planning

Enterprise systems make it possible to create business plans with ease and track how well your company is doing in pursuing its goals.

You can check your production, keep an eye on expenses, or look at customer satisfaction statistics. It’s usually just a matter of viewing a dashboard that compiles the information into charts and tables.

Most systems can alert you to potential issues, such as a sudden increase in defects or low inventory.

 

2. Better productivity and flexibility

One of the primary benefits of Enterprise Management System (EMS) is that it automates specific processes, which makes your employees more productive. For instance, they can do payroll, send out sales emails, and replenish inventory automatically.

Another significant advantage is that the system organizes information in one place for instant access regardless of the location. Every employee can retrieve the data needed to do the job even if they work from home or do fieldwork.

 

3. Improved record-keeping and compliance

Using Enterprise Management System (EMS) also assists with record-keeping and compliance. Because of its integrated security system, the risk of loss or theft of data is mitigated, and the information that’s stored there is always available if you need proof of your business’s performance for any regulatory body.

 

Enterprise Management Capability

The enterprise management capability is the enterprise capability system which functions to realize the management of the business, process, information and information technology capabilities, and the system and service offerings of the enterprise and the enterprise system management of the management of governance, organization, integration, assurance and compliance.

 

The purpose of the enterprise management capability is to enable and assure the ability to control the governance, organization, integration, assurance, compliance and management of the enterprise, business, process, information and IT capabilities and the system and service offerings of the enterprise.

 

Enterprise Management Responsibilities

The enterprise manager is responsible for enterprise management of the enterprise management capability.

Enterprise management work include enterprise management ideas, requirements, plans, risks, opportunities, reviews, decisions and action items.

 

Enterprise Management Architecture

The enterprise manager uses the enterprise management architecture to support enterprise management responsibilities and activities.

 

The purpose of the enterprise management architecture is to provide a management structure to enable and assure the enterprise management capability (governance, organization, integration, assurance and compliance) of the business, process, information, information technology, technology systems and services of the enterprise is controlled, balanced and aligned to the mission and needs of the enterprise as a whole.

 

The structure includes the functional management structure for use in structuring the organization.

 

Enterprise Management Architecture Responsibilities

The enterprise architect is responsible for architecting the enterprise management architecture in support of the enterprise management responsibilities of the enterprise manager role.

Enterprise management architecture work include enterprise management architecture concepts, descriptions, models, views, viewpoints, specifications and analyses.

 

Enterprise Management Team

Enterprise management is interconnected with business management,  process management,  information management,  IT management,  system management and service management.

 

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