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“The only way to consistently grow in B2B is to be better than very good.” –Seth Godin.
MonsoonSIM’s cloud-based ERP simulation and experiential learning software platform comprehensively gathers business concepts and theories spanning over thirteen interconnected business departments into one convenient platform.
The experiential learning journey for each and every student facilitated by MonsoonSIM is tailored to suit the particular curriculum of the university and educational institution, enabling teachers and facilitators to have the ability and freedom to configure the business simulation world.
To learn more about MonsoonSIM, watch this video.
About Enterprise Resource Planning (ERP) for Beginners.
ERP 106 is one of the 14-part Micro-course in the Introduction to Enterprise Resource Planning (ERP) to Business Students course series. Check out this page for an overview of the 14-part ERP Micro-Course series.
ERP 106: ERP Business Concept 1
In this module, besides covering the lessons learnt in the previous ERP modules, which entail subjects such as Finance, Procurement, Retail Sales, Wholesales and Logistics/Warehouse, learners will explore and have a deeper understanding of planning/forecasting and marketing. Essentially, learners will discover what it takes to run a retail and wholesales (B2B) business successfully, effectively and efficiently, as well as to manage constraints and achieve targets.
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The main learning goals for this module include:
1. Discovering what it takes to run a retail and wholesale (B2B) business successfully, effectively and efficiently
2. Managing the constraints and resources to achieve targets
The ERP 106 module has an overall flow from the procurement stage, to wholesale and retail sales, providing the chance for learners to take into consideration external stakeholders such as vendors, consumers and other B2B clients.
With this module, learners gain a deeper understanding of the business world and develop a sharper business sense. It provides the perfect chance to facilitate experiential learning for students, covering the learning points such as how to read and analyze functions and charts across various different departments, ranging from financial, procurement, retail, marketing, forecast and warehouse, besides others that involve the B2B process. In addition, learners can learn by experience and see for themselves the links and relationships between these involved and interrelated departments that act as the cogs and screws for the functioning of the business.
MonsoonSIM’s immersive business simulation and gamification education platform ensure that learners and teachers alike will have an enjoyable and meaningful learning experience as a class. Offering a unique, experiential learning opportunity for students and transforms the way business concepts are taught in class, MonsoonSIM looks forward to supporting more students worldwide in a way where there’s more to learn, easier to learn.