Enterprise resource planning
-techniques and concepts for integrated
management of business
-business software that provides
integrated modules to support functional
units of a business
-focuses on the core processes and
attempts to integrate various functions of
an enterprise.
ERP Modules
-business software that provides integrated modules to support
functional units of a business
ERP originated from both the MRP and MRP II
Difference between the three tools
ERP
-it goes beyond the
fulfillment of needs of
specific departments and
address the needs of an
enterprise as a whole
Who Uses ERP Systems?--katung small or mid or large
sizearecompanies
Here with complex
some examples of industries who use ERPs: systems
● Healthcare
● Manufacturing companies
● Small businesses
● E-commerce
● Non-profit organizations
Famous Companies using ERPs
Amazon uses ERP software called SAP (System Applications and Products
in Data Processing)
facilitate effective data processing and information flow across organisations.
- ADD MORE DEFINITIONS AND E TARUNG ANG SCRIPT
Starbucks uses Oracle ERP
- A cloud-based software solution used to automate day-to-day business activities
Characteristics of ERP
1. Flexible
2. Modular and Open
3. Comprehensive
4. Beyond the company
5. Best business practices
Features of ERP
1. Supports strategic and business planning activities, operation planning and execution activities, as
well as material and resource planning
2. end-to end supply chain management
3. Facilitates integrated information systems
4. Enhances customer services
5. Bridges information gap across organizations
6. Solution for better project management
7. Introduces latest technologies
8. Eliminates business problems or inefficiencies
9. Provides intelligent business tools
What are the benefits of ERP?
Tangible Benefits
1. Cost reductions
2. Improves productivity
3. Inventory reduction
4. Lead time reduction
5. Reduced stock obsolescence
6. Faster product or service lookup and ordering
7. Automated ordering and payment
Intangible benefits
1. Reach more vendors
2. Accurate and faster access to data
3. Saves time and effort in data entry
4. More controls
5. Facilitates strategic planning
6. Uniform reporting according to global standards
7. Improved customer response
8. Increases organizational transparency and responsibility
Reasons for Failure of ERP
1. Lack of effective project management
2. Inability to resolve issues and make decisions in timely manner
3. Resources not available when needed
4. Perceived or real lack of executive support
5. Software fails to meet business needs
6. Under estimated levels of change management
7. Improper communication
8. Insufficient end user training
9. Failure in gap analysis
10. Failure to identify future business needs
11. Technological obsolescence
