UGBA 10 Lecture Notes - Lecture 10: Computer-Aided Manufacturing, Computer-Aided Design, Enterprise Resource Planning
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UGBA 10 Full Course Notes
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Document Summary
Systematic design, direction, and control of processes that transform inputs into services and products for internal and external customers. Supplying products and services in the right amount, at the right place, at the right time, at the right quality. Heart of the creation of wealth for business. Improvement in the living standard of citizens of all countries. Need to get good financial returns for shareholders and stakeholders. Ethical and environmentally responsible way while being responsive to market. Business approach that creates long-term consumer and employee value by creating a green strategy aimed toward the natural environment and taking into consideration every dimension of how a business operates in the social, cultural, and economic environment. Wide availability of computer aided design (cad), computer aided manufacturing (cam) and automation. Information technology applications, enterprise resource planning systems (erp) and outsourcing for supply chain solutions. Wide adoption of supply chain management systems, increase focus on sustainability and the natural environment.