ERP systems integrate various business modules and processes through a common database. Key ERP modules include production planning, purchasing, inventory control, sales, marketing, finance, and human resources. ERP aims to optimize business operations by allowing different departments to share information and collaborate more efficiently.
Why to strangle your business and increase complexities by using primitive business methods? Rather go for implementing an effective tool – ERP in your business and overcome the barriers of growth. Read on to discover the top signs that your business needs an ERP system. This guide will help you to analyze the pain points that your business has and how can they be resolved.
Why to strangle your business and increase complexities by using primitive business methods? Rather go for implementing an effective tool – ERP in your business and overcome the barriers of growth. Read on to discover the top signs that your business needs an ERP system. This guide will help you to analyze the pain points that your business has and how can they be resolved.
ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does. For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. In practice, this means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
What is an ERP system? This guide explains what an ERP system is and how it works for your business.
Two primary concerns of any business are efficiency and profitability. This is basically what an ERP system is designed to optimize.
An ERP system allows you to perform the necessary money-making processes of your business as efficiently as possible.
To achieve a level of efficiency and profitability, a business aims to maximize it’s bottom line while keeping overhead costs low.
An ERP system provides a business with management software that fosters productivity.
The term “ERP” stands for Enterprise Resource Planning.
Basically, an ERP system is a shared database that reflects the moving parts of a company. This provides a much broader, top-down perspective of your business.
Installing an ERP system will grant you a much fuller picture of what is actually going on, in any given period of time.
Some processes in which you can gain some business insights include: sales, human resources, inventory, purchasing, finances, online ordering and many more buckets.
The main objective of an ERP system is to improve how your business resources are spent, and that means money and time. By taking a wide-view, and analyzing every aspect of your business, you will be able to decide if you are properly deploying your resources in a way that will drive maximum profitability.
OpenERP - ERP(Enterprise Resource Planning) is a system which used by organization to streamline their all organizational process and provide it a centrally accessible platform. So across the organization the flow of information becomes faster and reliable. In the present scenario of world only those organizations can move faster who are equipped with central information system where all the organization data is stored in one central location because by this decision making become very fast and reliable. ERP System provides a facility to exchange of information between different departments. As we all know that all the activities in organization are independent of their monetary aspect effects the organization, so in that case all activities in an ERP system can be mentioned and the effect of that activity can be also measured.
ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does. For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. In practice, this means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
What is an ERP system? This guide explains what an ERP system is and how it works for your business.
Two primary concerns of any business are efficiency and profitability. This is basically what an ERP system is designed to optimize.
An ERP system allows you to perform the necessary money-making processes of your business as efficiently as possible.
To achieve a level of efficiency and profitability, a business aims to maximize it’s bottom line while keeping overhead costs low.
An ERP system provides a business with management software that fosters productivity.
The term “ERP” stands for Enterprise Resource Planning.
Basically, an ERP system is a shared database that reflects the moving parts of a company. This provides a much broader, top-down perspective of your business.
Installing an ERP system will grant you a much fuller picture of what is actually going on, in any given period of time.
Some processes in which you can gain some business insights include: sales, human resources, inventory, purchasing, finances, online ordering and many more buckets.
The main objective of an ERP system is to improve how your business resources are spent, and that means money and time. By taking a wide-view, and analyzing every aspect of your business, you will be able to decide if you are properly deploying your resources in a way that will drive maximum profitability.
OpenERP - ERP(Enterprise Resource Planning) is a system which used by organization to streamline their all organizational process and provide it a centrally accessible platform. So across the organization the flow of information becomes faster and reliable. In the present scenario of world only those organizations can move faster who are equipped with central information system where all the organization data is stored in one central location because by this decision making become very fast and reliable. ERP System provides a facility to exchange of information between different departments. As we all know that all the activities in organization are independent of their monetary aspect effects the organization, so in that case all activities in an ERP system can be mentioned and the effect of that activity can be also measured.
Analytics-driven order management drives customer loyaltyGenpact Ltd
Leading businesses are re-imagining order management through practical use of analytics, digital technologies and process re-engineering to enable growth and improve the client experience.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
2. What is ERP?
• Enterprise Resource Planning
• Support business through optimizing,
maintaining, and tracking business functions
• Broken down into business processes
– HRM
– Distribution
– Financials
– Manufacturing
3. What makes ERP
different?
Integrated modules
Common definitions
Common database
Update one module, automatically updates
others
ERP systems reflect a specific way of doing
business
Must look at your value chains, rather than
functions
4. Benefits of ERP
Common set of data
Help in integrating applications for
decision making and planning
Allow departments to talk to each other
Easy to integrate by using processed
built into ERP software
A way to force BPR (reengineering)
7. ERP Modules
Common ERP modules include:-
modules for product planning,
parts and material purchasing,
inventory control,
product distribution,
order tracking,
finance,
accounting,
marketing, and
HR.
8. ERP Modules
It is scalable.
It is customizable.
It works on the Web.
It is efficient and easy
to use.
It works with CRM and
more.
9.
10. Production Planning
Module
• Production planning optimizes the
utilization of:-
a)manufacturing capacity,
b)parts,
c)components and
d)material resources using historical
production data and sales forecasting.
11. Purchasing Module
• It automates the processes of identifying:-
a) potential suppliers,
b) negotiating price,
c) billing processes , and
d) awarding purchase order to the supplier.
• Purchase module is tightly integrated with the
inventory control and production planning modules.
• Purchasing module is often integrated with supply
chain management software.
12. Inventory Control Module
Inventory Control is a complete multi-location
inventory management system that keeps track
of stock levels and processes inventory receipts,
shipments, returns, and adjustments.
It includes functions to give us detailed, current
information crucial for effective inventory
management.
13. • Inventory module facilitates processes of
maintaining the appropriate level of stock in
a warehouse.
• The activities of inventory control involves
in
a) identifying inventory requirements,
b) setting targets,
c) providing replenishment techniques and
d)options, monitoring item usages,
e)reconciling the inventory balances, and
f) reporting inventory status reports.
14. Sales Module
• Revenues from sales are live blood for
commercial organizations.
• Sales module implements functions of
order placement, order scheduling, shipping
and invoicing.
• Sales module is closely integrated with
organizations' ecommerce websites.
• Many ERP vendors offer online storefront
as part of the sales module.
15. Marketing
Module
• ERP marketing module supports
a) lead generation,
b)direct mailing campaign and more.
16. Financial
Module
• Both for-profit organizations and non-
profit organizations benefit from the
implementation of ERP financial module.
• The financial module is the core of
many ERP software systems.
• It can gather financial data from various
functional departments, and generates
valuable financial reports such balance
sheet, general ledger, trail balance, and
quarterly financial statements.
17. HR Module
• HR (Human Resources) is another widely
implemented ERP module.
• HR module streamlines the management of
human resources and human capitals.
• HR modules routinely maintain a complete
employee database including contact
information, salary details, attendance,
performance evaluation and promotion of all
employees.
18. Project Module
• This module provides an effective solution for
project managers in construction, job service,
and other professional industries who require a
time-and-material system.
• It delivers the tools necessary to manage the
simplest to most complex contract or job.
• It makes the estimating, tracking, costing, and
billing of projects easy and manageable-
simplifying cost control and planning.
19. • With the powerful features of
Project and Job Costing we can
identify potential issues and
determine success factors for
any project.
• The automated billing features in
this software streamline
customer invoicing, reducing the
time spent managing this
process.
24. Suppliers Manufacturers Warehouses & Customers
Distribution Centers
Transportation Transportation
Costs Costs
Material Costs Transportation
Costs
Manufacturing Costs Inventory Costs
25. What Is Supply Chain Management?
Plan Source Make Deliver Buy
• A set of approaches used to efficiently integrate
– Suppliers
– Manufacturers
– Warehouses
– Distribution centers
• So that the product is produced and distributed
– In the right quantities
– To the right locations
– And at the right time
• System-wide costs are minimized and
• Service level requirements are satisfied 25
27. Answering Supply Chain Managerial Challenges
Reducing Execution Costs
• Reduce the cost to train and onboard new hires
• Reduce inventory handling costs
• Reduce overtime required
Costs • Reduce resource idle downtime
Improving Customer Service
• Provide real time order status visibility
• Provide real time service request status visibility
• Respond to last minute order changes
• Expedite urgent service requests
Customers
Managing Exceptions
• Get orders out the door faster to avoid expediting costs
• Respond to last minute order changes without
disruption
• Scale to meet spikes in demand
Exceptions • Reduce equipment downtime
29. Supply Chain Execution
Match the User Interface to Your Desired Form Factor
Receiving Inventory Production Replenishment Pick & Ship
Control & Moves
Procurement Process Discrete Inventory Order Management
Manufacturing Manufacturing & Shipping
Out-of-the-Box Integration with E-Business Suite
Leverage Mobility Where You Need It
• Interchangeable with desktop functionality
32. What is CRM?
CRM is a strategy by which companies optimise
profitability through enhanced customer satisfaction.
It is about automating and enhancing the customer-
centric business processes of Sales, Marketing, and
Service.
CRM not only deals with automating these processes, but
also focuses on ensuring that the front-office applications
improve customer satisfaction, resulting in added
customer loyalty that directly affects the organization’s
bottom line.
33. CRM APPLICATION
• Siebel Systems Inc.
– Founded in 1993
– Today: World’s Largest customer
centric, eBusiness application software
provider
– 2000 Revenue: $1.79 billion
– 100% value-adding customer
information systems
Complex MRO MEL/CDL* lists for acceptable flight configurations, including concessions Role-based UIs with configuration access control lists Rotable parts: planning linked to part reliability and flight schedules, serial number reservations *Minimum Equipment List, Configuration Deviation List