ERP ppt-555
-
Upload
ramin-behzad -
Category
Documents
-
view
222 -
download
0
Transcript of ERP ppt-555
-
7/31/2019 ERP ppt-555
1/18
Group Members:-Ramneet Kaur Sahota
Ramin Behzad
kye
-
7/31/2019 ERP ppt-555
2/18
ERP is a process of managing all resources
and their use in the entire enterprise in a
coordinated manner
Support business through optimizing,maintaining, and tracking business functions
Can be broken down into businessprocesses/modules HRM
Distribution
Financials
Manufacturing
-
7/31/2019 ERP ppt-555
3/18
Common set of data
Help in integrating applications for decision
making and planning
Allow departments to talk to each other Easy to integrate by using processed built
into ERP software
A way to force Business Process
Reengineering
-
7/31/2019 ERP ppt-555
4/18
One common system less duplication more
efficient
Customer focus-better customer service
Open communications among businesspartners
-
7/31/2019 ERP ppt-555
5/18
High cost
Forced change of processes
Very complex software
Lack of trained people
-
7/31/2019 ERP ppt-555
6/18
Tool Name Company NameSAP R/3 SAPOracle e-Business Suite Oracle CorporationJD Edwards EnterpriseOne & JD Edwards
WorldOracle Corporation
PeopleSoft Oracle CorporationMicroSoft Dynamics MicroSoft CorporationLawson Financials Lawson SoftwareSage MAS 500 Sage GroupNetERP NetSuiteVisual Enterprise Infor Global SolutionsAgresso Business World Unit 4 AgressoEpicor Enterprise EpicorIFS Applications Industrial and Financial SystemsMFG/PRO QADRamco e.Applications Ramco Systems
-
7/31/2019 ERP ppt-555
7/18
SAP, started in 1972 by five former IBM employees in Mannheim, Germany,
states that it is the world's largest inter-enterprise software company and the
world's fourth-largest independent Software supplier, overall.
The original SAP idea was to provide customers with the ability to interact with a
common corporate database for a comprehensive range of applications. Gradually,
the applications have been assembled and today many corporations, including
IBM and Microsoft , are using SAP products to run their own businesses
SAP applications, built around their latest R/3system, provide the capability to
manage financial, asset, and cost accounting, production operations and materials,
personnel, plants, and archived documents. The R/3 system runs on a number of
platforms including Windows 2000and uses the client serve model. The latest
version of R/3 includes a comprehensive Internet-enabled package
As of January 2007, SAP, a publicly traded company, had over 38,4000 employees
in over 50 countries, and more than 36,200 customers around the world.
-
7/31/2019 ERP ppt-555
8/18
-
7/31/2019 ERP ppt-555
9/18
Globalization Era
Fierce competition
Market expansion
Rising customer expectations in the dynamic business
environment Competitors continuously upgrade their capabilities to stay
competitive.
This intensifies the firms need to lower total cost and provides
better customer service over their competitors
It is crucial to develop strategies on information systems (IT) inorder to overcome the complexities of global businesses
Root out volatilities and disruptions in the supply chain, so as to
grasp the competitive advantage over other industry players
IT is the main enablers for the firms to achieve competitive edge
by reducing operating costs, increasing productivity, and
improving customer services
-
7/31/2019 ERP ppt-555
10/18
Inter Firm
supportscommunicationbetween firms among
different parties
Intra Firm
Spans internalfunctional boundariesand facilitate the
collaboration ofdifferent activitieswithin a firm eg:- ERP( captures, stores,and transmits
information to theright people at theright time)
-
7/31/2019 ERP ppt-555
11/18
-
7/31/2019 ERP ppt-555
12/18
Implementing ERP should not be seen as
purchase decision but moreover a business
investment, much like investing in the
building of a warehouse or new plant.(i.e. Asset creation)
-
7/31/2019 ERP ppt-555
13/18
Let's say that I currently have 10 Lakh Rupees lyingaround doing nothing. What to do with it?
Keep the cash
As I like the smell and texture of my crisp new notes Icould do this. Maybe even stuff it in or under my
mattress. The problem with this, other than the obviously
lumpy matters, is that my 10 Lakh Rupees just willnot be worth the same in lets say a years time.
So why is that?
Well, things tend to get more and more expensive astime goes by this is known as INFLATION. So if we saythat inflation rate currently is at 8% my cash wouldbe worth R80 000(1,000,000 x 8%) less in a yearstime.
-
7/31/2019 ERP ppt-555
14/18
If we are neither optimistic nor pessimistic
and believe that inflation will remain at its
current level for the next few years the
value of my money would decrease like so:
Not a pretty sight
-
7/31/2019 ERP ppt-555
15/18
Now if I use the same money in ERP system lets see the
results
-
7/31/2019 ERP ppt-555
16/18
Streamlining processes and workflows with a single integratedsystem.
Reduce redundant data entry and processes and in other hand itshares information across the department.
Establish uniform processes that are based on recognized bestbusiness 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, trackingand 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
-
7/31/2019 ERP ppt-555
17/18
ERP
CompetitiveAdvantage and longerstaying power in the
business
-
7/31/2019 ERP ppt-555
18/18
Thank You