Enterprise System
VIVEK DIXIT
51MB5013509
Enterprise System
Enterprise System are the large scale application software packages
that support business processes, information flows, reporting and data
analytics in complex organizations.
Enterprise System allow for collaboration and communication across
the organisation through collection of data that is accessible and usable
by multiple departments.
e.g. Microsoft Dynamics, SAP
Enterprise Resource Planning
The ERP system integrates software applications just as a company
integrates business processes, such as purchasing, finance, human
resources and inventory management.
ERPs are the first generation of enterprise system whose goal was to
integrate data across all the major functions of the organizations.
ERPs integrates both the various functional aspects of the organisation
as well as the systems with in the organisation.
Basic Features of ERP
Financial Management
The financial module in ERP provides financial functionality and analysis for
different departments and cost centers.
Human Resource Management
ERP solution offers many different sub systems under the HR module like
Personnel Management, Organization Management, Payroll Management,
Time Management
Manufacturing
It consists of number of functionalities mainly bill of materials, engineering
change note, shop floor control, sales and distribution etc.
Basic Features of ERP
Supplier and Purchase Order Management
The purchase module is well integrated with the production planning and
inventory control modules and also supply of chain process.
Inventory and Material Management
The functions of Inventory Control Module involves identifying inventory
requirements, setting targets, providing replenishment techniques and
options etc.
CRM
CRM module ensures proper management of customers, opportunities and
altogether better support to the business growth.
ERP Selection Criteria
Price of software
Ease of implementation
Ease of use
Ability to fit to busines
Functionality
Ability to work with existing hardware
Growth potential
Level of supporr provided by vendor
Quality of documentation
ERP System Selection Process
Select an experienced Team
Review your ERP objectives
Define your Business Needs
Plan your IT Needs
Qualify ERP Software Products
Qualify ERP Implementation. Service. Providers
Select your ERP Solution. Provider
Launch your new ERP Project
Merits of ERP
Complete Visibility
Automatic and Coherent Workflow
Enaure a smooth transition
Departments own software not needed any longer
Better and faster collaboration
Optimization of business process
Accurate and timely access
Elimination of unnecessary operations and data
Reduction of time and costs
Demerits of ERP
Cost of ERP is too high.
ERP deployments are highly time consuming.
Cost savings/payback may not be realised immediately
Indirect costs
Challenges in ERP Implementation
Inadequate definition of requirements
Resistance to change
Inadequate resources
Inadequate training and education
Lack of top management support
Miscalculation of time and effort
Poor communications
Poor ERP package selection
Issues in ERP Implementation
Project Size
Length Implementation
High Initial Investment
Unreasonable Deadlines
Insufficient Funding
Configuration Difficulties