Annals of the University of Oradea: Economic Science (Jul 2014)

INTEGRATED SYSTEMS FOR PLANNING AND RESOURCES MANAGEMENT IN COMPANIES

  • Balaban Mihai,
  • Dadarlat Alexandra,
  • Dumitrascu Danut,

Journal volume & issue
Vol. 23, no. 1
pp. 252 – 257

Abstract

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Information is one of the most valuable resources of a company, since with it and around it the whole set of business processes unfold within companies. Till using internet companies were eager to find information that was necessary for the functioning and development of the company; now things have changed radically: the information is abundant and is provided through all possible channels; today, in order to thrive you have to „choose" and to filter the information to remain competitive on the market you are active on. The performance of an enterprise is influenced by its ability to adapt itself to the environment, by the effectiveness of its actions in capitalizing opportunities, by its ability to cope with adverse situations and risks. Information management is a process that analyzes the previously collected information and then the information is used by managers to make decisions or as a base for their decisions. Information in management is the information that is necessary for making managerial decisions. Distribution or Information Flow: in order for it to be used appropriately, information should be exchanged between the various participants in the project. Other parts involved in the project may also use this information in making their own decisions. This way they can help those who collect information to determine its usefulness for the management. For management, information is an integral part of monitoring because it is obtained during monitoring and helps in planning and implementing its activities. The problem and the reason of this study is to increase awareness of the need for implementation of ERP solutions, primarily, and secondly to share observations with regard to this issue as well as the evolution of acceptance and integration in Romania of such integrated solutions. The effectiveness of information management and knowledge management is urgently needed to assure a continuous organizational survival and the necessary competitive level in the face of constant change of the organizational environment. ERP and the concept of "resources management and planning within companies".

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