Integrated Enterprise-Wide Data Model, ERP, and System Development
Week 8: Integrated Enterprise-Wide Data Model
An integrated enterprise-wide data model represents a merging of the separate data models for all the company’s applications (including AIS) into one single database. This creates a one-stop data facility that provides a unified view of data and enables data sharing across functionalities (departments). Benefits include using a basic account code for travel and another code for purpose. Valuable information can be extracted using queries. An unintegrated
Read MoreA Comprehensive Guide to Industrial Maintenance Techniques
Corrective Maintenance
Corrective maintenance, the original maintenance technique, remains widely used today. This approach involves repairing a machine after it fails. Corrective maintenance can be categorized into five main types:
- Fail Repair: Restoring a failed component to its operational state.
- Salvage: Disposing of non-repairable material and utilizing salvaged parts from irreparable items in repair, overhaul, or rebuild programs.
- Rebuild: Returning a component to its original specifications by
Understanding Different Maintenance Strategies: PM, CM, PDM, TPM, RCM, and SMED
Preventive Maintenance (PM)
Preventive Maintenance (PM) encompasses activities performed on plant equipment, machinery, and systems before failure occurs. This proactive approach aims to protect assets and prevent or eliminate performance degradation.
Definition: Maintenance carried out at predetermined intervals or according to prescribed criteria, intended to reduce the probability of failure or degradation and limit the impact of any issues.
Importance of MTBF (Mean Time Between Failures)
A key metric
Read MoreOrganizational Design Process and Integration: Key Principles and Effective Features
Item 7. The Basic Process Design and Integration
1. Introduction
Definition of Organizational Design Process
“Specific management tasks and activities taking place within the organization to its environment through a set of processes, such as to provide a framework in which individuals relate and resources to achieve compliance certain objectives.”
Organizational Design Process
Combination of two factors:
- Orderly distribution of tasks between the individuals of the organization.
- Coordination of efforts.
Understanding the Balanced Scorecard (BSC): A Comprehensive Guide
1. Definition of a Budgetary System and Its Stages
A budgetary system is a financial plan that outlines an organization’s projected income and expenses for a specific period. It plays a crucial role in achieving financial control and aligning resource allocation with strategic goals. The budgetary process typically involves several distinct stages:
Planning Process
The planning process is the foundation of a successful budgetary system. It involves defining the organization’s mission, vision, goals,
Read MoreUnderstanding the Balanced Scorecard: A Comprehensive Guide
1. Definition of a Budgetary System and Its Stages
A budgetary system is a financial plan that outlines an organization’s projected income and expenses over a specific period. It plays a crucial role in achieving financial control and aligning resources with strategic goals. The key stages of a budgetary system include:
Planning Process
This stage involves defining the organization’s mission, vision, goals, and strategies. The budget should be aligned with these elements to minimize contingencies and
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