enterprise resourse planning (erp)

8/7/2019 ENTERPRISE RESOURSE PLANNING (ERP)

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ENTERPRISE RESOURSE

PLANNING (ERP)

- NITIN KANDPAL

2010MB0051

MBA (1stSEMESTER)


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INTRODUCTION

ENTERPRISE RESOURCE PLANNING(ERP)

An integration of business management practices and

modern technology (Information Technology).

A massive software architecture that supports the

streaming and distribution of scattered enterprise wide

information across all the functional units of a business

house.

A mixture of 3 most important components;

y BUSINESS MANAGEMENT PRACTICES

y INFORMATION TECHNOLOGY

y SPECIFIC BUSINESS OBJECTIVES.


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THE IDEAL ERP SYSTEM

ERP system would qualify as the best enterprise wide

solution architecture, if it chains the below

organizational processes together with a central

database repository and a fused computing platform.

y MANUFACTURING

y FINANCIALS

y HUMAN RESOURCE

y

SUPPLY CHAIN MANAGEMENTy PROJECTS

y CUSTOMER RELATIONSHIP MANAGEMENT

y DATA WAREHOUSE


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IMPLEMENTATION OF ERP

Implementation process goes through five major stages:

STRUCTURED PLANNING

y Capable project team is selected

y Vital objectives are set

y Present business processes are studied

y Comprehensive implementation plan is formulated

PROCESS ASSESSMENTy Prospective software capabilities are examined

y Standard working procedures are constructed


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IMPLEMENTATION OF ERP (CONTD.)

DATA COMPILATION & CLEANUP

y Identifying data to be converted

y Analyzed for accuracy and completeness

y Removing unwanted information

EDUCATION & TESTING

y Educating the users with ERP mechanisms

y Testing and verifying database

USAGE & EVALUATION

y Implemented ERP deployed live within the

organization

y Regularly checked for any flaw or error detection


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ADVANTAGES OF ERP

INDUSTRY WISE ADVANTAGES

y Manufacturing Sector--------------------Speeding up the

whole process.

y Distribution and retail Stores-----------Accessing the

status of the goods.

y Transport Sector-------------------------------------Transmit

commodities through online transactions.

y Project Service industry-----------------Fastens the

compilation of reports.


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ADVANTAGES OF ERP

IN AN ORGANISATION

y Quicker processing of information and reducedpaperwork.

y Timely and Accurate Information.y Serves the customers efficiently by way of prompt

response and follow up.

y Single Address Book (Customers, Vendors,Employees).

y

Increase access to available data for DecisionMaking.

y User friendly database and helps to do away withunwanted ambiguity.

y Suitable for global operations.


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DISADVANTAGES OF ERP

Takes time to implement.

Calls for a voluminous and exorbitant investment of time

and money.

May be too rigid for specific organizations that are either

new or want to move in a new direction in the near future.

Security Issues.


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SOME COMMON ERP NAMES

Most common ERP systems:

y SAP

y ORACLE

y

J.D. EDWARDS ONE WORLDy PEOPLESOFT

y BAAN

Some other ERP systems are:

y LILLY

y GREAT PLAINS

y IFS

y LAWSON


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THANK YOU

!!!!!!!!!!!!!!!!!!!!!

.

enterprise resourse planning (erp)

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