erp
DESCRIPTION
ERP Industry overview has enlightenTRANSCRIPT
ERPSrinivas Vuppala
ERP
▪ ERP stands for Enterprise Resource Planning
▪ Enterprise resource planning controls ERP management system
▪ Software System that automates and integrates all facets of business operations including administration, planning, manufacturing and sales
▪ ERP software products encompass marketing, order tracking, inventory control, customer service, finance and human resources
▪ ERP is a global, tightly integrated closed loop business solution package and is multifaceted
▪ ERP is a pile of software features and functionality in the form of transactions
ERP Resources
▪ 4M’s Notation: Men, Machine, Material and Money
▪ With proper utilization of these resources company makes enormous profits and grow globally
ERP Characteristics
▪ ERP system is not only the integrates the various organization processes
▪ Any System has to posses and qualify the few key characteristics for a true ERP solution.
ERP Features
▪ Flexibility, Modular and open, comprehensive, Best Business practices
Why should company undertake ERP?
Company should undertake ERP because of following points
▪ Integrates financial information
▪ Integrates customer order information
▪ Standardize and speed up manufacturing processes
▪ Reduce Inventory
▪ Standardize HR information
Business Process
Human Resources Employee related business process such as payroll, time, labor
tracking, training, etc.
Logistics The process to get material, such as sales, procurement, transport
and manufacturing
Financials It includes all business process related with money such as accounts
receivable, accounts payable and general ledger.
Key Planning and Implementation Decision
▪ Enterprise integration effort
▪ Follow software processes or customize
▪ In-house or Outsource
▪ Big Bang or Phased Implementation
ERP Benefits
▪ High integration and efficiency
▪ High quality and productivity
▪ Reduced total cost of ownership (TCO)
▪ Faster return on investment
▪ Better user interface
▪ Flexible IT infrastructure to drive innovation
ERP Implementation
▪ Methodology identify the needs of an ERP Package implementation
▪ Evaluating the ‘As Is’ situation of business i.e., to understand the strength and weakness prevailing under the existing circumstances
▪ Finalizing of the most suitable ERP package for implementation
▪ Risk and Governance issues in an ERP
▪ Organizations face several new business risks when they migrate to real time, Integrated ERP Systems
▪ Single point failure, structural changes, Job role changes, Online real-time, Change Management, Distributed computing Experience and Board system access
ERP Software Packages
▪ SAP - All Modules
▪ Oracle Financials - FICO
▪ Microsoft - SD
▪ Peoplesoft - HR
▪ JD Edwards - CRM
▪ Baan - Networking, Warehouse Management
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