2 erp introduction
- 1. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP Five Sections of ERP – Introduction Implementation Business Modules ERP Market Present and Future of ERP
- 2. Prof. Rakesh Bhatnagar XCELLON INSTITUTE Enterprise ? An Enterprise is a group of people with a common goal, which has certain resources at its disposal to achieve the goal. Need – No Communication between Departments
- 3. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP ERP software is designed to model and automate many of the basic processes of a company with the goal of integrating information across the company It eliminates complex, expensive links between computer systems that were never meant to talk to each other. ERP software is a mirror image of the major business processes of an organization.
- 4. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP Why ERP market grew? To enable improved business performance Cycle time reduction Increased business agility Inventory reduction Order fulfillment improvement
- 5. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP To support business growth requirements To provide flexible, integrated, real time decision support To eliminate limitation in legacy systems To take advantage of the untapped mid market i.e. medium size organizations
- 6. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP Highlights of ERP Business Integration Flexibility Better Analysis and Planning Capabilities Use of Latest Technology
- 7. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP Benefits of ERP Reduction of Lead time On time shipment Reduction in Cycle time Better customer satisfaction Improved supplier performance Increased flexibility
- 8. Prof. Rakesh Bhatnagar XCELLON INSTITUTE - ERP Benefits of ERP Reduction in quality costs Improved resource utility Improved information accuracy and decision making capability