User talk:Bellplaydy

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--<Hillgentleman| ~ | 書> 15:08, 3 September 2010 (UTC)

Look a supply chain management package in detail. What financial and accounting information system does it deal with? -Supply Chain Management and Financial and Accounting Information are similar in many ways. First, both of them operate under the same basis software program to process data or information of the accounts. Second, they also work strictly according to the steps assigned by the software a set of activities or any transactions to transform inputs into outputs.Finally, they provide the customers the backup program to improve the data. An accounting information system (AIS) is the system of records a business keeps to maintain its accounting system. This includes the purchase, sales, and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decision makers (investors, creditors, and managers) with information. An IS can be divided into its functional components, the AIS may be divided into components based on the operational functions supported. Now, most businesses now use accounting software. In an electronic financial accounting system, the steps in the accounting cycle are dependent upon the system itself. For example, some systems allow direct journal posting to the various ledgers and others do.

Supply chain Management (SCM) is the combination of processes and procedures used to ensure the delivery of goods and services to customers at the lowest cost while providing the highest value to customers. There is software in processing to helps and organization process the steps in the supply chain. The goal of SCM is to increase peoduct availability while reducing inventory across the supply chain. Supply chain management software helps an organization execute the step in the supply chain. Software will product are available to perform individual functions within each of the 5 steps of SCM and to perform complete steps or several of the steps. The products can be divided into 2 categories. The first, supply chain planning software accumulates data about orders from retail customers, sales from retail outlets and data about manufacturing and delivery capability to assisting in planning for each of the SCM steps. These products is demand planning software used to determine how much product is needed to satisfy customer demand. Second, supply chain execution software, automates the SCM steps.ERP software is assigned to this category as it receives customer orders, routes orders to an appropiate warehouse, and executes the invioce for the sale.

What are the advantages of using this module • Lower costs to the customer • Higher availability of the product (for the customer, for production, etc.) • Higher availability leading to lower backorder costs • Higher response to customer request for product customization and other specification • Improved relationship between buyer and seller • Smooth workloads due to planned goods arrivals and departures, leading to reduced overtime costs • Reduce item costs as a result of planned purchases through contracts and other arrangements • Increases customer orders due to improved customer responsiveness • Reduced product defects through specifying quality during planning and sharing defect information with suppliers during execution