erp & bi

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This ppt contains description & relation between ERP and BI.

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ERP & Business Intelligence

Presented by:-Neeraj Upadhyay &Neha

ERP – General Concepts

What is ERP?

Why ERP?

Definition

Expectations

What ?

• ERP is a solution, which

• Facilitates company-wide integrated information systems, covering all functional areas

• Performs core Corporate activities and increases customer service augmenting Corporate Image

Why ?

• For Management – to know what is happening in the company

• One solution for better Management• For cycle time reduction• To achieve cost control & low working capital• To cope with latest technologies• To shun the geographical gaps• To satisfy the customers with high

expectations• To be Competitive & for survival

Definition

“ Software solution that addresses the Enterprise needs, taking a process view of the overall organization to meet the goals, by tightly integrating all functions and under a common software platform”

ERP – Expectations

• Integrating all the functions

• Integrating the systems running in all the locations

• Transparency of information using a single data source across the organization

• Software must be responsive• Modular• Flexible• Easy to add functionalities• Provide growth path

Business Intelligence

What ?

• Business Intelligence (BI) is about getting the right information, to the right decision makers, at the right time.

• BI is an enterprise-wide platform that supports reporting, analysis and decision making.

• BI leads to:• fact-based decision making• “single version of the truth”

• BI includes reporting and analytics.

9

Why BI?The Five Questions…

• What happened?

• What is happening?

• Why did it happen?

• What will happen?

• What do I want to happen?

ERPERP CRMCRM SCMSCM

Past

Present

Future

Data

Common Pain Points...

• Data everywhere, information no where• Different users have different needs

• Excel versus PDF• Pull versus push• On demand – on schedule• Your format – my format

• Takes too long – wasted resources/efforts

• Security• Technical “mumbo jumbo” … Why I just

can’t get it to you when you want it.

Definition

“skills, technologies, applications and practices used to help a business acquire a better understanding of its commercial context.”

“Business intelligence may also refer to the collected information itself.”

Common functions of business intelligence technologies are:

• Reporting,• OLAP,• Data mining,• Business performance management,• Benchmarking,• Text mining, and• Predictive analytics

Relationship

Introduction

“It is said that the power of ERP can be enhanced to provide even grater value through the addition of powerful business intelligence system”Together they help in:-

• Demand forecasting• Production planning• Product design• Retailing• CRM etc…

Relations are,Coming together of ERP and BI is similar to bringing two critical sides of an important business coin together i.e.

1.Getting data in is as important as getting data out

2.Because the resulting information of streamlined business processes needs to be leveraged to drive competitive differentiation, operational efficiency, and improved profitability

3.The crux is to deliver ERP and BI in tandem to help and fulfill the end vision to encourage user acceptance

Conclusion

So maybe the best way to start an ERP conversation is with a consolidated dashboard that visualizes an organizations key metrics……

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