ENTERPRISE RESOURCE
PLANNING
Definition - ERP
 ERP stands for enterprise resource planning.
 ERP is integration of all the core processes needed
to run a company: finance, HR, manufacturing,
supply chain, services, procurement, and others,
into a single system.
 They use the latest technologies – such as machine
learning and artificial intelligence (AI) – to
provide intelligence, visibility, and efficiency
across every aspect of a business.
Enterprise Resource Planning
 Enterprise resource planning (ERP) manages day-to-day business
activities such as accounting, procurement, project management, risk
management and compliance, and supply chain operations.
 A complete ERP suite also includes enterprise performance
management, software that helps plan, budget, predict, and report on
an organization’s financial results.
 ERP systems tie together a multitude of business processes and enable
the flow of data between them.
 Shared transactional data from multiple sources helps ERP systems
eliminate data duplication and provide data integrity with a single
source of truth.
 Today, ERP systems are critical for managing thousands of businesses
of all sizes and in all industries, ERP is as indispensable as the
electricity that keeps the lights on.
ERP Concepts
 ERP systems are designed around a single, defined data
structure (schema) that typically has a common
database.
 helps ensure that the information used across the
enterprise is normalized and based on common
definitions and user experiences.
 core constructs are interconnected with business
processes driven by workflows across business
departments , connecting systems and the people who
use them.
 ERP is the vehicle for integrating people, processes, and
technologies across a modern enterprise
ERP Concepts
 ERP makes it easier to collect, organize, analyze, and
distribute this information to every individual and
system that needs it to best fulfill their role and
responsibility.
 ERP also ensures that data fields and attributes roll up
to the correct account in the company’s general ledger
so that all costs are properly tracked and represented.
 A key ERP principle is the central collection of data
for wide distribution.
 can create, store, and use the same data derived
through common processes.
ERP Concepts
 With a secure and centralized data repository,
everyone in the organization can be confident
that data is correct, up-to-date, and complete.
 Data integrity is assured for every task
performed throughout the organization.
 ERP systems bring order to chaos systems.
Benefits of ERP (SAP)
1. Higher productivity: Streamline and automate your core business
processes to help everyone in your organization do more with fewer
resources.
2. Deeper insights: Eliminate information silos, gain a single source of
truth, and get fast answers to mission-critical business questions.
3. Accelerated reporting: Fast-track business and financial reporting and
easily share results. Act on insights and improve performance in real
time.
4. Lower risk: Maximize business visibility and control, ensure compliance
with regulatory requirements, and predict and prevent risk.
5. Simpler IT: By using integrated ERP applications that share a database,
you can simplify IT and give everyone an easier way to work.
6. Improved agility: With efficient operations and ready access to real-time
data, you can quickly identify and react to new opportunities.
Business Value of ERP(Oracle)
1. Improved business insight from real-time information generated by
reports
2. Lower operational costs through streamlined business processes
and best practices
3. Enhanced collaboration from users sharing data
in contracts, requisitions, and purchase orders
4. Improved efficiency through a common user experience across many
business functions and well-defined business processes
5. Consistent infrastructure from the back office to the front office, with
all business activities having the same look and feel
6. Higher user-adoption rates from a common user experience and design
7. Reduced risk through improved data integrity and financial controls
8. Lower management and operational costs through uniform and
integrated systems
Evolution of ERP
Prior to
1960s
• Pre Material Requirement Planning (MRP) stage
1970s
• Material Requirement Planning (MRP)
1980s
• Manufacturing Resources Planning II (MRP- II)
1990s
• Enterprise Resource Planning (ERP)
2000
• Extended ERP (E-ERP)

Enterprise Resource Planning, Customer Relationship Management, Supply Chain Management

  • 1.
  • 2.
    Definition - ERP ERP stands for enterprise resource planning.  ERP is integration of all the core processes needed to run a company: finance, HR, manufacturing, supply chain, services, procurement, and others, into a single system.  They use the latest technologies – such as machine learning and artificial intelligence (AI) – to provide intelligence, visibility, and efficiency across every aspect of a business.
  • 3.
    Enterprise Resource Planning Enterprise resource planning (ERP) manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.  A complete ERP suite also includes enterprise performance management, software that helps plan, budget, predict, and report on an organization’s financial results.  ERP systems tie together a multitude of business processes and enable the flow of data between them.  Shared transactional data from multiple sources helps ERP systems eliminate data duplication and provide data integrity with a single source of truth.  Today, ERP systems are critical for managing thousands of businesses of all sizes and in all industries, ERP is as indispensable as the electricity that keeps the lights on.
  • 4.
    ERP Concepts  ERPsystems are designed around a single, defined data structure (schema) that typically has a common database.  helps ensure that the information used across the enterprise is normalized and based on common definitions and user experiences.  core constructs are interconnected with business processes driven by workflows across business departments , connecting systems and the people who use them.  ERP is the vehicle for integrating people, processes, and technologies across a modern enterprise
  • 5.
    ERP Concepts  ERPmakes it easier to collect, organize, analyze, and distribute this information to every individual and system that needs it to best fulfill their role and responsibility.  ERP also ensures that data fields and attributes roll up to the correct account in the company’s general ledger so that all costs are properly tracked and represented.  A key ERP principle is the central collection of data for wide distribution.  can create, store, and use the same data derived through common processes.
  • 6.
    ERP Concepts  Witha secure and centralized data repository, everyone in the organization can be confident that data is correct, up-to-date, and complete.  Data integrity is assured for every task performed throughout the organization.  ERP systems bring order to chaos systems.
  • 7.
    Benefits of ERP(SAP) 1. Higher productivity: Streamline and automate your core business processes to help everyone in your organization do more with fewer resources. 2. Deeper insights: Eliminate information silos, gain a single source of truth, and get fast answers to mission-critical business questions. 3. Accelerated reporting: Fast-track business and financial reporting and easily share results. Act on insights and improve performance in real time. 4. Lower risk: Maximize business visibility and control, ensure compliance with regulatory requirements, and predict and prevent risk. 5. Simpler IT: By using integrated ERP applications that share a database, you can simplify IT and give everyone an easier way to work. 6. Improved agility: With efficient operations and ready access to real-time data, you can quickly identify and react to new opportunities.
  • 8.
    Business Value ofERP(Oracle) 1. Improved business insight from real-time information generated by reports 2. Lower operational costs through streamlined business processes and best practices 3. Enhanced collaboration from users sharing data in contracts, requisitions, and purchase orders 4. Improved efficiency through a common user experience across many business functions and well-defined business processes 5. Consistent infrastructure from the back office to the front office, with all business activities having the same look and feel 6. Higher user-adoption rates from a common user experience and design 7. Reduced risk through improved data integrity and financial controls 8. Lower management and operational costs through uniform and integrated systems
  • 9.
    Evolution of ERP Priorto 1960s • Pre Material Requirement Planning (MRP) stage 1970s • Material Requirement Planning (MRP) 1980s • Manufacturing Resources Planning II (MRP- II) 1990s • Enterprise Resource Planning (ERP) 2000 • Extended ERP (E-ERP)