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Enterprise Resource Planning(ERP)

An Overview of ERP Products Organized by: ERP Ocean Infotech Pvt. Ltd.Presented by: Ms. Rajani (Senior Oracle Apps HRMS Consultant-11 Yrs.)91-120-6518887,91-8800841677 inquiry@erpocean.com, trainings@erpocean.com.https://www.facebook.com/ERPOceanhttps://www.linkedin.com/company/www-erpocean-com

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What is ERP?

The practice of consolidating an enterprise’s planning, manufacturing, sales and marketing efforts into one management system.1 Combines all databases across departments into a single database that can be accessed by all employees.2

ERP automates the tasks involved in performing a business process.1

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Why ERP?

3 Major Reasons:

To integrate financial data.

To standardize manufacturing processes.

To standardize HR information.

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Evolution of ERP

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Employees

Managers andStakeholders

How Do ERP Systems Work?

CentralDatabase

ReportingApplications

HumanResource

ManagementApplications

FinancialApplications

ManufacturingApplications

InventoryAnd SupplyApplications

HumanResource

ManagementApplications

ServiceApplications

Sales andDelivery

Applications

Sales ForceAnd CustomerService Reps

Customers Back-officeAdministratorsAnd Workers

Suppliers

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ERP Components

Finance: modules for bookeeping and making sure the bills are paid on time. Examples:– General ledger– Accounts receivable– Accounts payable

HR: software for handling personnel-related tasks for corporate managers and individual employees. Examples:– HR administration– Payroll– Self-service HR

Manufacturing and Logistics: A group of applications for planning production, taking orders and delivering products to the customer. Examples:– Production planning– Materials management– Order entry and processing– Warehouse management

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An ERP Example: Before ERP

Customers

CustomerDemographic

FilesSales Dept.

Vendor

OrdersParts

Accounting

AccountingFiles

PurchasingPurchasing

Files

Order is placedwith Vendor

Invoicesaccounting

InventoryFiles

Warehouse

Checks for Parts

Calls back “Not in stock”

“We ordered the parts”

“We Need parts #XX”

“We ordered the parts”

Sends report

Sends report

Sends report

Ships parts

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An ERP Example: After ERP

Database

Customers Sales Dept.

PurchasingWarehouse

Accounting

Vendor

Inventory DataIf no parts,

order is placedthrough DB

OrdersParts

Order is submittedto Purchasing.

Purchasing recordorder in DB

Order is placedwith Vendor

And invoices accounting

Financial Data exchange;Books invoice against PO

Books inventoryagainst PO

Ships parts

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Benefits of ERP Systems

Improving integration, flexibility Fewer errors Improved speed and efficiency More complete access to informationLower total costs in the complete supply chainShorten throughput timesSustained involvement and commitment of the top management

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Benefits of ERP Systems (cont’d)

Reduce stock to a minimumEnlarge product assortmentImprove product qualityProvide more reliable delivery dates and higher service to the customerEfficiently coordinate global demand, supply and production

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Who are the main ERP vendors?

BaanJD EdwardsOraclePeopleSoftSAP

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Organized by: ERP Ocean Infotech Pvt. Ltd.Presented by: Ms. Rajani (Senior Oracle Apps HRMS Consultant-11 Yrs.)91-120-6518887,91-8800841677 inquiry@erpocean.com, trainings@erpocean.com.

www.erpocean.com - The Grand Paa in ERP Training

Enterprise Resource Planning(ERP)