Today’s Challenge
- Accelerated Process improvement & Process control
- On time delivery of quality products at a lower price
- Reduction of product price & increase in volume
- Global standing and Demand drove market
- Introduce a new product to stay in the Market
- Manufacturing Excellence
- Distribution & logistic
Need of ERP
- Shortened product life cycles call for continuous design improvement, manufacturing flexibility, efficient cost control, and better management of the entire functions.
- Different functions of the organization need to operate with a very high level of integration without losing flexibility.
- All these need faster access to accurate information systems.
- ERP system with an organization-wide view of business process, business needs of information, and flexibility meet these demands admirably.
What is ERP
- Integration of all functions on a single database
- The improved system through Re-Engineering of business process
- Workflow automation with operational controls
- The information available in real time
- Elimination of duplication of activity
- Clear planning of activities & Resources
Decision support system
- Does ERP relate to the software infrastructure that holds the entire company together internally and supports the external business processes?
- ERP applications address a business process
- ERP applications are modular & integrated
- ERP applications include – suppliers, customers, and partners
- Scalability—ERP solutions are designed to grow with the company. Unlike some stand-alone applications, they do not “top out” without transition paths to other solutions, leaving you to start over from scratch with a new and different application
ERP Benefits
- The system is driven NOT people driven.
- Real-time information throughout the functional areas.
- Data standardization and accuracy across the enterprise
- Continuous business process improvement
- Data analysis and reporting for long-term planning
- Ability to track actual costs of activities and perform activity-based costing
- Elimination of duplication
- Reduce inventory – inventory analysis
- Reduce sales order fulfillment time
- Is data history available online.
- Creates efficiencies