introduction to enterprise resource and plannig (erp)
DESCRIPTION
Basic Introduction to ERP software and its applicationTRANSCRIPT
ENTERPRISE RESOURCE PLANNING
1
2
3
Market Share, Key Player
Introduction to ERP
AGENDA
4
Fuctionaloty Details
Future Trends
What is ERP?
We need some Tools…
Long ago…
Later on…
BEFORE ERP
Problems:
Delays, Lost Orders, Keying into different computer systems invites errors
Not Feasible for clients, right? …
What is the solution, then?
OR
Enterprise-wide system which integrates the business functions and processes of an org
Integration of business functions into one seamless app
Replaces Countless Dept. & Workgroup Information Systems
Usually runs on a RDBMS
Introduction
AFTER ERP
Key Players
Market Share
SAP 33%
ORACLE 25%
Microsoft 12%
Baan 5%
Other 25%
Software Companies
Market is healthy with a 61% growth
Moving to ERP system is NOT easy
1960s Inventory control
1970s MRP (Material Requirement Planning)
1980s MRP II (Manufacturing Resource Planing)
1990s ERP
2000s ERP II
Evolution of ERP
Functionality
There is an increasing demand for innovative applications like E-Commerce, SCM, and HR/Customer self services.
ERP applications are complex, multi module suites of Business Management Software.
Future Directions of ERP:
New Markets
•Vendors are supplementing their direct sales force with reseller
channels.
•Lowering entry price of the software to make it financially viable for SMEs.
•Reduced Functionality.
•Improving the Implementation methodologies for faster deployment.
•Porting the products to platforms such as Microsoft Windows NT.
New Channels
• SAP AG, Oracle, Baan are building reseller channels both in US & worldwide.
• To reach smaller businesses, ERP software is made financially more attractive by lowering the entry price point for each module & by ramping up the Total Cost by basing the Price on User Licenses.
• Oracle is offering software for middle market from companies such as Platinum Software & Great Plains Software.
New Business Segments
• Variants of ERP to Service vertical markets.
• Specialized areas such as SCM , CRM, Demand Forecasting, Sales Force Automation etc.
• PeopleSoft bought Red Pepper Software to enhance its SCM offering.
• Baan acquired Aurum Software for its CRM tools & also teamed up with Hyperion Software to strengthen its Financial Modules.
Current updates related with ERP……
• 14th sept 2010: Wipro & Oracle join to make integrated lifecycle management solution.
• 1st june 2011: Cloud ERP.
• 28 july 2011: BITS Pilani Selects Oracle PeopleSoft Enterprise Applications to streamline its business processes.
Conclusion
ERP systems allow companies to better understand
their business.
With ERP software, companies can standardize business processes and more easily enact best practices.
By creating more efficient processes, companies can concentrate their efforts on serving their customers and maximizing profit.
Prepared by
Yuvraj Zala