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  2. SAP R/3 - Wikipedia

    en.wikipedia.org/wiki/SAP_R/3

    SAP R/3 is the former name of the enterprise resource planning software produced by the German corporation SAP AG (now SAP SE).It is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment, billing, human resource management, and production planning.

  3. Event-driven process chain - Wikipedia

    en.wikipedia.org/wiki/Event-driven_Process_Chain

    Businesses use event-driven process chain diagrams to lay out business process workflows, originally in conjunction with SAP R/3 modeling, but now more widely. It is used by many companies for modeling, analyzing, and redesigning business processes.

  4. SAP ERP - Wikipedia

    en.wikipedia.org/wiki/SAP_ERP

    For example, some point out that because of the rigid model imposed by SAP tools, a lot of customization code to adapt to the business process may have to be developed and maintained. [10] Some others pointed out that a return on investment could only be obtained when there was both a sufficient number of users and sufficient frequency of use ...

  5. Logistics - Wikipedia

    en.wikipedia.org/wiki/Logistics

    A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.

  6. FIFO and LIFO accounting - Wikipedia

    en.wikipedia.org/wiki/FIFO_and_LIFO_accounting

    The difference between the cost of an inventory calculated under the FIFO and LIFO methods is called the LIFO reserve (in the example above, it is $750, i.e. $5250 - $4500). This reserve, a form of contra account , is essentially the amount by which an entity's taxable income has been deferred by using the LIFO method.

  7. Process modeling - Wikipedia

    en.wikipedia.org/wiki/Process_modeling

    The same process model is used repeatedly for the development of many applications and thus, has many instantiations. One possible use of a process model is to prescribe how things must/should/could be done in contrast to the process itself which is really what happens. A process model is roughly an anticipation of what the process will look like.

  8. Transportation management system - Wikipedia

    en.wikipedia.org/wiki/Transportation_management...

    Transportation management systems manage four key processes of transportation management: Planning and decision making – TMS will define the most efficient transport schemes, according to the given parameters, which have a lower or higher importance of various factors according to the user policy: transport cost, shorter lead-time, fewer stops possible to ensure quality, flow's regrouping ...

  9. Business process modeling - Wikipedia

    en.wikipedia.org/wiki/Business_process_modeling

    A business process modeling of a process with a normal flow with the Business Process Model and Notation. Business process modeling (BPM) is the action of capturing and representing processes of an enterprise (i.e. modeling them), so that the current business processes may be analyzed, applied securely and consistently, improved, and automated.