Enterprise Resource Planning (ERP) Systems.pptx

erp ppt

1. Enterprise Resource Planning (ERP) Systems Integrating Business Processes

2. What is ERP ? ERP is software that helps businesses manage and integrate important parts of their operations. It's like a central control panel for a company, connecting different areas like finance, HR, sales, and production.

3. Key Features of ERP 1. Centralized Database 2. Real-time Reporting 3. Workflow Automation 4. Compliance Management

4. Benefits of ERP 1. Improved Efficiency 2. Enhanced Visibility 3. Better Decision-Making 4. Cost Reduction

5. ERP Modules Overview Financial Management Supply Chain Management Human Resources Customer Relationship Management Inventory Management Time and Project Management

6. ERP in Financial Management Accounting: ERP systems can be used to automate accounting tasks, such as creating invoices, tracking payments, and managing accounts receivable and payable. This can help to save time and reduce errors. Financial reporting: ERP systems can be used to generate financial reports, such as income statements, balance sheets, and cash flow statements. This can help businesses to track their financial performance and identify areas where they can improve. Budgeting: ERP systems can be used to create and manage budgets. This can help businesses to track their spending and ensure that they are staying on track financially. Forecasting: ERP systems can be used to forecast future financial performance. This can help businesses to make better decisions about their investments and operations.

7. ERP in Supply Chain Management Demand Planning: Accurately forecasting customer demand to align supply with market needs. Inventory Management: Tracking stock levels, optimizing inventory placement, and preventing stockouts or overstocking. Procurement: Managing supplier relationships, automating purchase orders, and optimizing procurement processes. Production Planning: Scheduling production based on demand and resource availability. Order Fulfillment: Efficiently processing customer orders, managing order status, and ensuring timely delivery. Logistics and Transportation: Optimizing transportation routes, managing carrier relationships, and tracking shipments

8. ERP in Human Resources Employee Data Management: Centralized storage and management of employee information (personal details, contact information, employment history, etc.). Payroll and Benefits: Efficiently processing payroll, managing tax deductions, and administering benefits. Recruitment and Onboarding: Streamlining recruitment processes, generating job postings, and managing new hire onboarding. Performance Management: Tracking employee performance, setting goals, and conducting performance reviews. Time and Attendance: Managing employee schedules, tracking time off, and calculating overtime. Talent Management: Identifying and developing employee skills, succession planning, and career path development.

9. ERP in Customer Relationship Management Enrich Customer Profiles: ERP data creates a 360° customer view for personalized interactions. Accurate Sales & Orders: ERP data fuels sales forecasting, quoting, and order management for improved efficiency and customer satisfaction. Enhanced Service: ERP data empowers customer service to resolve inquiries quickly and accurately. Targeted Marketing: Leverage ERP data for targeted marketing campaigns that improve ROI.

10. ERP Implementation Process

11. Challenges of ERP

12. ERP Success Factors 1 . Clear Objectives 2. Stakeholder Engagement 3. Continuous Training 4. Strong Change Managemen t

13. Future Trends in ERP Cloud-first ERP. AI & Machine Learning . IoT Integration. Blockchain for Supply Chain Industry-Specific Solutions . Mobile-Friendly ERP . Data Analytics for Insights .

14. Some ERP software in Morden Day Business

15. Conclusion Enterprise Resource Planning (ERP) systems have emerged as a cornerstone for modern businesses to achieve operational excellence and strategic advantage. By seamlessly integrating core business functions, ERP empowers organizations to streamline processes, enhance decision-making, and drive overall efficiency.

16. T hank You