Class Preparation Material for Enterprise Resource Planning (ERP) Make sure that you read Chapter 82 pages 196-203 in your lecture text. Here are items from the review sheet for the upcoming exam Identify Who are the ERP vendors? Which ERP vendor has the #1 and #2 market shares? Who are the large-size market ERP vendors and who serves the mid-small size markets? What is ERP system is used for the KSU iSIS system? Describe What is ERP software and what is its purpose? What is at the heart of all ERP systems and what role does it play? What are the core components of an ERP system? What are the extended ERP components? How does an ERP system automate business processes? Evaluate Compare and contrast the benefits and disadvantages/risk/costs of an ERP system. Know some of the characteristics of an ERP implementation (both the good and bad sides). Compare and contrast the “organization before ERP” and the “organization after an ERP implementation.” Compare and contrast the core ERP components with the Extended ERP components. What is the general focus of each, as well as the specific focus of each?