Enterprise Resource Planning Presented by: Ms. Rohini Mahajan Assistant professor CSE LI
Introduction: ▶ Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day- to- day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. ▶ Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ▶ ERP is usually referred to as a category of business management software typically a suite of integrated applications that an organization can use to collect, store, manage, and interpret data from many business activities.
Main characteristics of ERP ▶ 1. Flexible ▶ 2. Modular and Open ▶ 3. Comprehensive ▶ 4. Online- Connection with Other ERP System ▶ 5. Best Business Practices ▶ 6. Multi- Facilities ▶ 7.Strategic planning ▶ 8. Optimize the data ▶ 9. Project Management ▶ 10. Automatic Functions
Components of ERP System
Key features of ERP systems The scale, scope, and functionality of ERP systems vary widely. However, most ERP software features the following characteristics: Enterprise-wide integration. Business processes are integrated end to end across departments and business units. For example, a new order automatically initiates a credit check, queries product availability, and updates the distribution schedule. Once the order is shipped, the invoice is sent. Real- time (or near real- time) operations . Since the processes in the example above occur within a few seconds of order receipt, problems are identified quickly, giving the seller more time to correct the situation.
Contd. 3 . A common database. A common database enables data to be defined once for the enterprise with every department using the same definition. Some ERP systems split the physical database to improve performance. 4. Consistent look and feel. Early ERP vendors realized that software with a consistent user interface reduces training costs and appears more professional. When other software is acquired by an ERP vendor, common look and feel is sometimes abandoned in favor of speed to market. As new releases enter the market, most ERP vendors restore the consistent user interface