Introduction of ERP by Ravi poswal
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ERP is a set of integrated business applications or software that carries out common business functions across an entire organization. It combines databases from different departments into a single database that can be accessed by all employees. The history of ERP began with manual records and separate inventory and production controls. Over time, software packages were developed to integrate these functions, leading to modern ERP systems that integrate accounting, human resources, purchasing, inventory, customer relationship management, and other components into a single system. Companies adopt ERP systems to standardize operations, integrate information across departments, reduce inventory costs, and gain other benefits of an integrated software system.
Introduction of ERP by Ravi poswal
- 1. Enterprise Resource Planning (ERP) By Mr. Ravi Poswal 1 By Mr. Ravi Poswal (Asst. Professor)
- 2. ERP ERP is a set of integrated business application, or software which carry out common business function such as general ledger, accounting, production or management. You can say, combines all database department into a single database that can be accessed by all authorities or employees. By Mr. Ravi Poswal 2
- 3. History of ERP Manual records Separate Inventory control & Production control 1960s – Software Package Software package (material, inventory and production) 1970s – MRP System Production schedule with materials management 1980s – Manufacturing Resource Planning (MRP II) Adds Financial accounting system 1990s – Enterprise Resource Planning (ERP) MRP II with graphical user interface, Supply chain, relational database,software engineering tools in development, client/server architecture, and open- system portability By Mr. Ravi Poswal 3
- 4. Why we are adopting ERP System Integrated Accounting Information Integrated Customer order information Standardize and speed up operation processes Reduce inventory Standardize Human resources record By Mr. Ravi Poswal 4
- 5. Components of ERP By Mr. Ravi Poswal 5
- 6. Components of ERP Accounting : book keeping and create bills are paid on time such as balance sheet, general ledger, Account receivable, Account payable. Human Resource (HR): maintains individual employees information, salary details, attendance, Employees performance and promotion details, Administrator work. By Mr. Ravi Poswal 6
- 7. Components of ERP Purchasing: this components is used for purchasing the raw materials or necessary items. It comparing vendors against various parameter such as price, quality, bulk discounts and time taken to receive the raw material. It is part of Supply Chain Management(SCM). Inventory: The inventory management system of the ERP software is very fruitful of the companies. Inventory tracking feature Stock keeping, revision level tracking and multi level serial tracking . This feature optimize the delivery process or distribution center. By Mr. Ravi Poswal 7
- 8. Components of ERP Customer Relationship Management(CRM): Any organization can not survival without customer. Using this module of the ERP collect customer information such as name, address, interest, email id, contact number, age, gender etc. Sales and Marketing, commission, services, customer care and so on. Business Intelligence: In this module, data is the raw materials. You can not survival in your industry without knowing customer requirement and would likie to pay By Mr. Ravi Poswal 8
- 9. Characteristics of ERP Common Database Flexible and Open Database Modular Design Real time operation Project Management Budget Forecasting Employees and staff Finance By Mr. Ravi Poswal 9
- 10. Types of ERP Supply Chain Management(SCM) Product Lifestyle Management(PLM) Supplier Relationship Management (SRM) Customer Relationship Management(CRM) By Mr. Ravi Poswal 10
- 11. Supply Chain Management (SCM) SCM is the management of the flow of goods, services and include all processes i.e transform raw materials into last stage of the products. You can say that is the stream of the business and gain a competitive profit in the market. Supply chain is the connected network of individual, organization, resources, activities and technologies involve on the product. By Mr. Ravi Poswal 11
- 12. SCM Process By Mr. Ravi Poswal 12
- 13. Product Lifestyle Management (PLM) In this module, starting with the control of the project design and its quality, ending with the cost and spends, its optimize the consumption of the components and materials. By Mr. Ravi Poswal 13
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- 15. Supplier Relationship Management (SRM) The SRM allows scheduling business meeting, calculating the budget and billing the supplier. Supplier Management refers to all the business processes and activities that deal with the entire lifecycle of a supplier for an organization. By Mr. Ravi Poswal 15
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- 17. Customer Relationship Management (CRM) A CRM is a technique used by companies to strategize and implement the steps required to better their relationship with their customers. CRM software can help touch with your customer. Using CRM platforms may increase conversion rates up to 300% This translate to an increase in profit by 25% to 85%. By Mr. Ravi Poswal 17
- 18. CRM Process By Mr. Ravi Poswal 18
- 19. Thank you By Mr. Ravi Poswal 19