ERP software system concepts and terms - education and training is essential for successful ERP implementation

ERP Software Concepts and Terms Starting with: T
ETO and ERP Software Packages
4ETO:
4engineer to order manufacturer manufacturing production planning project management ERP system EDM PDMETO Home Page
What is ETO?
ETO Links
Suggest a Link
Contact 4engineer to order manufacturer manufacturing production planning project management ERP system EDM PDMETO
Previous Page
ERP:
ERP Software Modules
ERP Business Processes
ERP Dictionary A-Z
ERP Dictionary by Category

Papers & Articles:
Index of Articles
Supply Chain Optimisation
S&OP and SCM
SCO Software
CIM Seminar
ERP Training
ERP Education

Understanding of the relevant ERP system terminology and concepts is important if an ERP software package is to be sucessfully implemented within a business and operated correctly such that it yields cost savings, better quality management information and the other efficiencies and benefits that you are hoping for. To aid with this understanding of ERP system terminology and concepts we are compiling a list of ERP terms and their associated definitions which is being made available to companies with an interest in ERP - if you want to add to this list of ERP concepts then please complete the form at the bottom of this page.

The table below lists the main ERP system concepts that start with letter T and their definitions - we hope you find them useful and wish you every success with your ERP software system implementation! To learn about other ERP system concepts, terminology and definitions click the relevant letter from the list below:

-A-B-C-D-E-F-G-H-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-Y-Z-

ERP Software Concepts and Terms Starting with: T
ERP Concept
ERP Term Definition
Target inventory level  In a min-max inventory system, the equivalent of the maximum. The target inventory is equal to the order point plus a variable order quantity. 
Target pricing  Stating the requirement for a product at a particular cost 
Throughput  The total volume of production through a facility, or, according to the OPT philosophy it is the rate at which money is generated as a result of selling finished goods. 
Time fences  Point in time where various restrictions or changes in operating procedures take place 
Time horizon  The period of time being considered. 
Total quality control  Total Quality Control - the objective of eliminating all possible sources of defects from the manufacturing process 
Traceability  The registering and tracking of parts, processes, and materials used in production, by lot or serial number. 
Tracking signal  The ratio of the cumulative algebraic sum of the deviations between the forecasts and the actual values to the mean absolute deviation. 
Transfer batch  The quantity of an item moved between sequential work centres during production. 
Turnover  Sales income of a company over a specified period. 
Two-bin system  A type of fixed-order system in which inventory is carried in two bins. A replenishment quantity, equivalent to two bins, is ordered when the first bin is empty. 

There are many factors that are deemed to be critical to the success of an ERP software implementation. Ensuring that you have gone through an effective ERP system selection process is one essential ingredient to success and other ingreients would be issues such as data accuracy (BOMs, inventory records, routings etc.) However, the 'softer' issues associated with ERP software implementation process are often ignored by companies attempting an ERP implementation often with disastrous consequences. Soft implementation issues include: the people in the organisation, their fears, motivation (or lack of it!), resistance to change and the prevailing culture within the organisation - all have their parts to play in the ERP implementation process.

Communication and overt committment to the ERP implementation project by senior management are crucial to ERP system implementation success. Similarly, adequate and timely education and training of key personnel helps to reduce fear, increase understanding and can be used to sway a critical mass of people to being behind the ERP implementation and working to make the implementation a success. The ERP system Concepts and Terms listed and defined on this page can be used for reference to help ensure that people in companies attempting an ERP package installation and implementation are conversant with the main ERP ideas and terminology associated with ERP software systems and their use.

If you would like to add an ERP concept and definition or you want to make a general comment about this page of ERP system concepts and terms or have any questions about ERP software selection or ERP system implementation then please complete the form below and we will do our best to help.

Your Name:
Your Email Address:
Comments / Question:
 

Note that after submitting the form this page about ERP software system terminology, concepts and definintions will reload.

The 4engineer to order manufacturer manufacturing production planning project management ERP system EDM PDMETO web site is being used to fulfil three purposes, firstly, it is a vehicle to recruit engineer to order manufacturers to take part in the research project concerned with improving how ETO manufacturing companies plan production and manage their jobs / projects. Secondly, the 4engineer to order manufacturer manufacturing production planning project management ERP system EDM PDMETO web site is being used a means of disseminating the results of the research project as well as good practices employed by successful engineer-to-order manufacturers. Thirdly, the 4engineer to order manufacturer manufacturing production planning project management ERP system EDM PDMETO site will be developed into a portal site for ETO manufacturers.

 

Google
  Web www.4eto.co.uk

 

Please contact Austen Jones with any questions, comments or suggestions.

Last Updated: 27-Mar-2008