Erp presentation

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Erp presentation

  1. 1. Welcome to Our Group Presentation
  2. 2. PRESENTATION TOPIC Details About Enterprise Resource Planning Software ( ERP)
  3. 3. SUBMITTED TO Arifur Rahman Khan Guest Lecturer , Department of Business Administration. Green University of Bangladesh ( GUB )
  4. 4. SUBMITTED BY Name ID Md . Billal Hussan ( Group Leader ) 100306012 Md . Maksudul Alom Opu 090306020 Sadia Matin Toma 090206004 Md . Mohaiminul Islam ( Rahul ) 120306049
  5. 5. TABLE OF CONTENT Topic Page Definition of Enterprise Resource Planning ( ERP ) 1-6 ERP Software Modules 2-6 Basic Structure of a Good ERP Solution 3-6 ERP Vendors 4-6 Components of ERP 5-6 Best Practices of ERP 6-6
  6. 6. DEFINITION OF ENTERPRISE RESOURCE PLANNING (ERP)  Investopedia  A process by which a company (often a manufacturer) manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc.
  7. 7. DEFINITION OF ENTERPRISE RESOURCE PLANNING (ERP) Wikipedia  Enterprise resource planning (ERP) is business management software. It shall be differentiate with other software that can handle budget planning, but usually be promoted as a suite of integrated applications so that a business unit can use to store and manage data from every stage of business, including:  Product planning cost and development  Manufacturing  Marketing and sales  Inventory management  Shipping and payment 
  8. 8. ERP SOFTWARE MODULES    ERP module is focused on one area of business processes, such as product development or marketing. A business scan use ERP software to manage backoffice activities and tasks including the following: Distribution process management, supply chain management, services knowledge base, configure, prices, improve accuracy of financial data, facilitate better project planning, automate employee life-cycle, standardize critical business procedures, reduce redundant tasks, assess business needs, accounting and financial applications, lower purchasing costs, manage human resources and payroll. Some of the most common ERP modules include those for product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR.
  9. 9. BASIC STRUCTURE OF A GOOD ERP SOLUTION    Flexible: An ERP system has to have modular application architecture. This means that various functionalities are logically clubbed into different business process and structured into a module which can be interfaced or detached whenever required without affecting the other modules. Comprehensive: It should be able to support variety of organizational functions and must be suitable for a wide range of business organizations. Web-enabled capability: It should not be confined to the organizational boundaries; rather, it should support the on-line connectivity to the other business entities of the organization. Best business practice: It must have a collection of the best business processes applicable worldwide.
  10. 10. ERP VENDORS  Large Enterprise ERP (ERP Tier I)  The ERP market for large enterprises is dominated by three companies: SAP, Oracle and Microsoft. (Source: EnterpriseAppsToday; Enterprise ERP Buyer's Guide: SAP, Oracle and Microsoft; Drew Robb)  Mid Market ERP (ERP Tier II)  For the midmarket vendors include Inform, QAD, Lawson, EPCOR, Sage and IFS. (Source: EnterpriseAppsToday; Midmarket ERP Buyer's Guide; Drew Robb)  Small Business ERP (ERP Tier III)  Exact Globe, Syspro, NetSuite, Visibility, Consona, CDC Software and Activant Solutions round out the ERP vendors for small businesses. (Source: EnterpriseAppsToday; ERP Buyer's Guide for Small Businesses; Drew Robb)
  11. 11. COMPONENTS OF ERP  Transactional database  Management portal/dashboard  Business intelligence system  Customizable reporting  Simple resource planning - Who Is Doing What and When?  Analysing the product  External access via technology such as web services  Search  Document management  Messaging/chat/wiki  Workflow management
  12. 12. BEST PRACTICES OF ERP   Most ERP systems incorporate best practices. This means the software reflects the vendor's interpretation of the most effective way to perform each business process. Systems vary in how conveniently the customer can modify these practices. Companies that implemented industry best practices reduced time–consuming project tasks such as configuration, documentation, testing, and training. In addition, best practices reduced risk by 71% compared to other software implementations. Use of best practices eases compliance with requirements such as IFRS, Sarbanes-Oxley, or Basel II. They can also help comply with de facto industry standards, such as electronic funds transfer. This is because the procedure can be readily codified within the ERP software, and replicated with confidence across multiple businesses who share that business requirement
  13. 13. QUESTIONING SESSION

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