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Chapter 8

Enterprise Systems and Supply Chain Management

INTEGRATION Allows separate systems to communicate directly with each other, eliminating the need for manual entry into multiple systems
FORWARD INTEGRATION Takes information entered into a given system and sends it automatically to all downstream systems and processes
BACKWARD INTEGRATION Takes information entered into a given system and sends it automatically to all upstream systems and processes
ENTERPRISE SYSTEM Provide enterprise wide support and data access for a firm's operations and business processes
ENTERPRISE APPLICATION INTEGRATION (EAI) Connects the plans, methods, and tools aimed at integrating separate enterprise systems
MIDDLEWARE Several different types of software that sit between and provide connectivity for two or more software applications
ENTERPRISE APPLICATION INTEGRATION MIDDLEWARE Takes a new approach to middleware by packaging commonly used applications together, reducing the time needed to integrate applications from multiple vendors
SUPPLY CHAIN All parties involved, directly or indirectly, in obtaining raw materials or a product
SUPPLY CHAIN MANAGEMENT (SCM) The management of information flows between and among activities in a supply chain to maximize effectiveness and corporate profitability
SUPPLY CHAIN VISIBILITY The ability to view all areas up and down the supply chain in real time
SUPPLY CHAIN PLANNING SYSTEM Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
SUPPLY CHAIN EXECUTION SYSTEM Automates the different activities of the supply chain
BULLWHIP EFFECT Occurs when distorted product demand information ripples from one partner to the next throughout the supply chain
ELECTRONIC DATA INTERCHANGE (EDI) Electronic interchange of information between supply chain participants
DEMAND PLANNING SYSTEM Generates demand forecasts using statistical tools and forecasting techniques, so companies can respond faster and more effectively to consumer demands through supply chain enhancements
Created by: betsyreimer2



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