ERP-Pedia

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ERP Defination
ERP is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing.

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ERP and DATABASE

An ERP system is based on a common database and a modular software design. The common database can allow every department of a business to store and retrieve information in real-time. The information should be reliable, accessible, and easily shared. The modular software design should mean a business can select the modules they need, mix and match modules from different vendors, and add new modules of their own to improve business performance. Ideally, the data for the various business functions are integrated. In practice the ERP system may comprise a set of discrete applications, each maintaining a discrete data store within one physical database.

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ERP Vendors

Market share # Vendor SAP Oracle Applications The Sage Group Microsoft Dynamics SSA Global Technologies Revenue (million $) 4726 1674 1221 616 Market share (%) 28.7 10.2 7.4 3.7

1 2 3 4

464

2.8

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ERP Selection & Implementation

Exploring ERP fundamentals Significance of ERP Implementation ERP Implementation Life Cycle Getting to know BPR Knowing about ERP Software Solution Choosing ERP Software Return on investments for ERP Errors in ERP implementation

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Exploring ERP fundamentals

Why ERP?
In the absence of an ERP system, a large manufacturer may find itself with many software applications that neither talk to each other nor interface effectively. Business houses always find great difficulty in quickly making out the required information because of the voluminous data, improper segregation, departmental arrangements and unprecedented delays. Organizations were constantly searching for some means or mode to overcome this debacle.

What ERP Does?

ERP helps to integrate the data in an organization under one common platform.

Benefits in a nut shell

Planning an ERP Setup

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Significance of ERP Implementation

The catch word of ERP implementation is speed.

Needs to follow proper and systematic process.

Simple Questions ?
Popular information systems Likelihood of fluctuations in the choice of technology The ability of market players to stay in tune with it The ways and means to implement a business applications like ERP To benefit from the same so as to gain a competitive edge Their usage and services The necessity for innovating software applications

If an organization is able to answer these questions without any ambiguity and substantiate the results then it can be said that it has a path or up focus in taking ERP.
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ERP Implementation Life Cycle

Shortlist ERP Package Assess the chosen packages

Preparing for the venture

Gap Analysis BPR
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ERP Implementation Life Cycle

Designing the System In-house Guidance Checking
This stage observes and tests the authenticity of the use.

Preparing the employees to use ERP Post Implementation

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Getting to know BPR

Business process reengineering analyses and suggests the structural changes. It has been proved that imposing change of any magnitude all on a sudden is not the proper way. There needs to be a proper method to bring about it. Business process reengineering is one scientific study that helps organizations largely to analyze the viability of not only ERP but any other dynamic change. BPR ERP is interrelated.

Implementing ERP Software to Suit Business Needs Restructuring the business process to be ERP Friendly

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ERP Software Solution

ERP is a platform that facilitates the database control in a company. ERP aims to unite the data processed in various departments and division of a company.

PreERP period How ERP facilitates?

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Choosing ERP Software

ERP failure cannot be tolerated by organizations as it involves great money. On the contrary ERP success makes great money.

Meeting and consultations in the organizations to decide ERP Hire or Buy ERP ERP should Suit company preferences Choosing the ERP vendor Essential Elements of an ERP System
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Choosing ERP Software

Time constraints in respect to the organizations function. Customizable and predefined Modules

Resorting to an External Body for ERP Services

Verifying the credibility of Vendor's services

The cost factor and compensation

Committee to look after ERP process
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Return on investments for ERP

Myths of ERP ERPROI Calc: ERP Return on Investment Calculator Proper Implementation and Finance

Strict Adherence to Changes

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Errors in ERP implementation

ERP implementation needs to be done without allowing any scope for limitations and mistakes. If it is not done perfectly then the success of ERP system will remain a question mark.

Exorbitant costs and investment Enhancement of ERP'S functions Organizational reaction to change Organizations non adherence to the stated principles Problem of Transformation due to ERP

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ERP and Customer

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CRM Frontend

Advantages of ERP
Integration among different functional areas to ensure proper communication, productivity and efficiency . Design engineering (how to best make the product) Order tracking, from acceptance through fulfillment The revenue cycle, from invoice through cash receipt Managing inter-dependencies of complex processes bill of materials Tracking the three-way match between purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced) The accounting for all of these tasks: tracking the revenue, cost and profit at a granular level.

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Disadvantages of EPR
ERP systems can be very expensive (This has led to a new category of "ERP light" solutions) ERPs are often seen as too rigid and too difficult to adapt to the specific workflow and business process of some companiesthis is cited as one of the main causes of their failure. Many of the integrated links need high accuracy in other applications to work effectively. A company can achieve minimum standards, then over time "dirty data" will reduce the reliability of some applications. Once a system is established, switching costs are very high for any one of the partners (reducing flexibility and strategic control at the corporate level). ERP Systems centralize the data in one place, example customer, and financial data. This can increase the risk of loss of sensitive info, if there is any security breach .
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Brainstorming

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