Enterprise Resource Planning (ERP) systems combine a companyâ€™s information systems into one central information technology solution. This conglomerate infrastructure captures all requirements and activity, providing centralized real-time production data. Furthermore, ERP provides a view into future manufacturing requirements. Where multiple product lines, factories, and even whole business units share the same ERP, tremendous savings can be made through economies of scale and through lean supply chain concepts.
SAP Business One is an ERP system for small to medium sized businesses.
For this activity, describe how the key features of SAP Business One differ from traditional planning and production information systems. Additionally, discuss economies of scope by providing individual examples.
A minimum of one reference is required.