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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 [email protected], [email protected]://www.facebook.com/ERPOceanhttps://www.linkedin.com/company/www-erpocean-com
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 [email protected], [email protected].
www.erpocean.com - The Grand Paa in ERP Training
Enterprise Resource Planning(ERP)