Management Flashcards

In ERP management, what is the purpose of a 'sandbox environment'?

Answer: Testing configurations and customizations without affecting production data

A sandbox is an isolated ERP instance where teams can safely test changes, configurations, or integrations before applying them to live data.

Which ERP management concept involves grouping similar manufacturing tasks to reduce setup time?

Answer: Batch scheduling

Batch scheduling consolidates similar production runs so machines are set up once to process multiple similar orders, reducing changeover time.

What does 'master data governance' mean in an ERP context?

Answer: Managing policies and processes to ensure master data accuracy and consistency

Master data governance establishes ownership, standards, and workflows to maintain high-quality, consistent data for items like vendors, customers, and products.

In ERP financial management, what is 'period-end close'?

Answer: The process of finalizing and reconciling financial records for an accounting period

Period-end close involves reconciling accounts, posting journal entries, and locking the accounting period so financial statements can be produced.

Which role is typically responsible for ensuring ERP system data integrity across departments?

Answer: Data steward

A data steward owns the quality, accuracy, and governance of specific data domains within the ERP system.

What is 'two-tier ERP' strategy in multi-national organizations?

Answer: Using a tier-1 ERP at headquarters and a tier-2 ERP at subsidiaries

Two-tier ERP lets large enterprises run a robust tier-1 system centrally while subsidiaries use lighter, faster-to-deploy tier-2 solutions.

In ERP project management, what is 'fit-gap analysis'?

Answer: Comparing business process requirements against standard ERP functionality to identify gaps

Fit-gap analysis maps where the ERP's out-of-box features meet requirements (fit) and where customization or workarounds are needed (gap).