ERP is an enterprise resource planning software that integrates all departments and functions of a company into a single system. It manages important business processes like procurement, production, sales, distribution, finance, and human resources. Implementing an ERP system provides benefits like streamlined workflows, reduced costs, improved customer satisfaction, and a consolidated view of the business. Key modules include finance, sales, purchasing, manufacturing, quality management, and human resources.
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ERP is an enterprise resource planning software that integrates all departments and functions of a company into a single system. It manages important business processes like procurement, production, sales, distribution, finance, and human resources. Implementing an ERP system provides benefits like streamlined workflows, reduced costs, improved customer satisfaction, and a consolidated view of the business. Key modules include finance, sales, purchasing, manufacturing, quality management, and human resources.
ERP is an enterprise resource planning software that integrates all departments and functions of a company into a single system. It manages important business processes like procurement, production, sales, distribution, finance, and human resources. Implementing an ERP system provides benefits like streamlined workflows, reduced costs, improved customer satisfaction, and a consolidated view of the business. Key modules include finance, sales, purchasing, manufacturing, quality management, and human resources.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
ERP is an enterprise resource planning software that integrates all departments and functions of a company into a single system. It manages important business processes like procurement, production, sales, distribution, finance, and human resources. Implementing an ERP system provides benefits like streamlined workflows, reduced costs, improved customer satisfaction, and a consolidated view of the business. Key modules include finance, sales, purchasing, manufacturing, quality management, and human resources.
Copyright:
Attribution Non-Commercial (BY-NC)
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ERP
An outlook! NOW WHAT IS ERP? • Enterprise resource planning (ERP) is the industry term used to describe a “broad set of activities supported by multi-module application software that helps a manufacturer or other business manage the important parts of its business”.
• These parts can include product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders.
• ERP can also include application modules for the finance and human resources aspects of a business.
• Provides visibility for key performance indicators (KPIs) required for meeting corporate objectives.
• provides visibility for key performance indicators (KPIs) required for meeting corporate objectives. A company without ERP system • Running on many kinds of software that do not allow interaction • Customization also may be difficult • Negatively affect the optimized functioning of organization's business activities • Administration complexity of the different receipts interdependence WHY IS ERP IMPORTANT IN A COMPANY?
• It integrates all departments and functions across a
company in a single computer system that is able to serve all those different department's particular needs.
• Enables interactions of marketing, sales, quality
control, products processes, supply lines, stocks and many other areas and it can be in a single database
• Automates business processes by placing them into a
useful format that is standardized and common for the whole organization BENEFITS • Streamlining processes and workflows with a single integrated system. • Reduce redundant data entry and processes and in other hand it shares informartioin across the department. • Establish uniform processes that are based on recognized best business practices • Improved workflow and efficiency • Improved customer satisfaction based on improved on-time delivery, increased quality, shortened delivery times • Reduced inventory costs resulting from better planning, tracking and forecasting of requirements • Turn collections faster based on better visibility into accounts and fewer billing and/or delivery errors • Decrease in vendor pricing by taking better advantage of quantity breaks and tracking vendor performance • Track actual costs of activities and perform activity based costing • Provide a consolidated picture of sales, inventory and receivables FUNCTIONS OF ERP MANAGEMENT TEAM
• Conducting the scheduled work
• Administering the project • Communicating with the in-house team • Communicating with the consultants. • Ensuring co-operation of company personnel and the consultants • resolve the issues that exists in the company FEATURES OF A GOOD ERP SYSTEM • Flexible: An ERP system has to have modular application architecture. • Comprehensive: It should be able to support variety of organizational functions • Web-enabled capability: It should support the on-line connectivity to the other business entities of the organization. • Best business practice: It must have a collection of the best business processes applicable worldwide. Implementation methodology implementation normally consists of five stages: • Design • Implementation • Stabilization • Continuous improvement • Transformation
The structured implementation programme can speed system deployment and return on investment.
This can be done in the following manner: 9962139847
• Conducting an effective gap assessment
• Business and technical processes • Organizational measures • Data conversion and data clean-up • Agreeing on the implementation boundaries • Project sponsorship and governance
The implementation strategy is ultimately built on a foundation of people, processes and product ERP MODULES • Sales and Distribution management • Purchase management • Manufacturing and control • Quality management • Inventory management • Excise management • HR management • Finance resource management
