Enterprise Resource Planning Enterprise Resource Planning (ERP) (ERP)

Presented By Vitthal Jadhav

Content IndexContent Index What is ERP

Benefits of ERP

Modules of ERP

Functional areas of ERP

Different ERP Consultants

Basic Skills of an ERP Consultant

Advantages

Disadvantages

Players of ERP

ERP is a process of managing all resources and their use in the entire enterprise in a coordinated manner.

ERP is a set of integrated business applications, or modules which carry out common business functions.

ERP data is stored in a central database which can be accessed from all over the world using web based interface.

What is ERP?

Benefits of ERP Benefits of ERP

ERP can improve quality and efficiency of the business.ERP makes a company more flexible. Customer Responsiveness. An integrated system that operates on real time information. Data Will be Consistently Managed and that’s why we can Predict Business Results properly. All records will be managed from any location. ERP can be customized.ERP can improve data security.ERP supports upper level management by providing information for decision making.

Modules of ERP?Modules of ERP?

In ERP there are various different modules…

Human Resource Management System (HRMS)

Customer Relationship Management (CRM)

Supply Chain Management (SCM)

Financial Management

Manufacturing

Project management

Functional areas of ERPFunctional areas of ERP Financial Management: General Ledger, Fixed Asset, Payables, Receivables, Cost

Management. Human Resource Management System: Core HR, Payroll, Advanced Benefits

(AB), Time and Labour (TL), Oracle Learning Management (OLM), Oracle iRecruitment, Compensation Workbench (CWB), Oracle Performance Management (OPM) and SSHR.

Manufacturing: Bill Of Materials, Work Orders, Scheduling, Capacity, Workflow Management, Quality Control, Manufacturing Process, Manufacturing Projects, Manufacturing Flow, Product Life Cycle Management

Supply Chain Management: Purchase Management, Inventory Management, Order Management, Supplier Scheduling, Product Configuration, Order To Cash, Order Entry, Claim Processing, Warehousing.

Project Management: Project Planning, Resource Planning, Project Costing, Work Breakdown Structure, Billing, Time And Expense, Performance Units, Activity Management

Customer Relationship Management: Sales and Marketing, Commissions, Service, Customer Contact, Call Center Support — CRM systems are not always considered part of ERP systems but rather Business Support systems (BSS).

Different ERP ConsultantsDifferent ERP Consultants Functional Consultants- The functional consultants have deep business knowledge. They enable

mapping of customer requirements, customization of ERP product according to the customer’s Business processes. Lastly, they provide training to the end users.

Technical Consultants- The technical consultant has to identify the requirements related to

technology, database, operating system, hardware installations and technical expenses.

Database Administrator- Responsibilities- Install, Configure & Upgrading of Software, Established &

maintain backup and recovery policies, take care of database design and implementation and database security etc.

Basic Skills of ERP Consultants..Basic Skills of ERP Consultants..

1) Good Education Qualification.

2) Good Communications Skills.

3) Basic Hardware / Software Knowledge.

4) Basic Knowledge of Business Process.

5) Fundamental Knowledge of ERP.

6) Good in troubleshooting.

AdvantagesAdvantages

Sales forecasting, which allows inventory optimization.

Chronological history of every transaction through relevant data

compilation in every area of operation.

Order tracking , from acceptance through fulfillment

Revenue tracking, from invoice through cash receipt

Matching purchase orders (what was ordered), inventory receipts

(what arrived), and costing (what the vendor invoiced)

DisadvantagesDisadvantages

Customization can be problematic.

Re-engineering business processes to fit the ERP system may damage

competitiveness

ERP can cost more than less integrated or less comprehensive

solutions.

High ERP switching costs can increase the ERP vendor's negotiating

power, which can increase support, maintenance, and upgrade

expenses.

Extensive training requirements take resources from daily operations.

Harmonization of ERP systems can be a very complex task (especially

for big companies) and requires a lot of time, planning, and money.

Players of ERP:Players of ERP: