The document proposes a new application called EquipMax that would enable optimum resource utilization for projects. It would maintain and compare present and historic data on resources to obtain greater efficiency. EquipMax would generate automated reports to monitor resources and replace depleting resources. This would help avoid delays and disruptions. EquipMax is presented as an improvement over traditional ERP software by using statistical data to continuously enhance products and suggest best practices. The current implementation of EquipMax monitors resource efficacy to determine viability from a cost-cutting perspective.
Enterprise resource planning, Evolution, Importance, Advantage for BusinessPraveen Venugopal
ENTERPRISE RESOURCE PLANNING (ERP)
(ERP) is 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.
The simple and easy to use ERP solution created in .Net technologies covering the process area of the organization like employee management, Payroll management, Asset Management, Incident Management, Service information management.
Today's Successful Business and the Evolution of ERP: Three Issues to Address...Capgemini
Traditional ERP deployments excelled in providing transactional capabilities, but modern ERP has progressed beyond transactions to enable the cloud-based, data-driven, and connected business of today. Enterprises need to embrace the possibilities offered by today’s ERP technology to stay ahead in their industries. But how?
Read this presentation to understand the issues you need to address immediately to modernize your ERP and your business. You will learn how you can leverage the cloud to drive unprecedented speed and efficiency, use big data and digital strategies to increase your competitive edge, and transform your back office to maximize productivity and collaboration.
http://www.capgemini.com/oracle
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.
For all Maximo users: want to take the next step and not only do maintenance, but also predict how you can cut cost even further?
#ibm #maximo. Feel to get in touch http://www.ibm.com/connect/ibm/be/en/resources/jos_wessels/
ERP and Related Technologies
Business Processing Reengineering(BPR), Data Warehousing, Data Mining, On-line Analytical Processing(OLAP), Supply Chain Management (SCM),
Customer Relationship Management(CRM), Electronic Data Interchange (EDI)
Enterprise resource planning, Evolution, Importance, Advantage for BusinessPraveen Venugopal
ENTERPRISE RESOURCE PLANNING (ERP)
(ERP) is 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.
The simple and easy to use ERP solution created in .Net technologies covering the process area of the organization like employee management, Payroll management, Asset Management, Incident Management, Service information management.
Today's Successful Business and the Evolution of ERP: Three Issues to Address...Capgemini
Traditional ERP deployments excelled in providing transactional capabilities, but modern ERP has progressed beyond transactions to enable the cloud-based, data-driven, and connected business of today. Enterprises need to embrace the possibilities offered by today’s ERP technology to stay ahead in their industries. But how?
Read this presentation to understand the issues you need to address immediately to modernize your ERP and your business. You will learn how you can leverage the cloud to drive unprecedented speed and efficiency, use big data and digital strategies to increase your competitive edge, and transform your back office to maximize productivity and collaboration.
http://www.capgemini.com/oracle
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.
For all Maximo users: want to take the next step and not only do maintenance, but also predict how you can cut cost even further?
#ibm #maximo. Feel to get in touch http://www.ibm.com/connect/ibm/be/en/resources/jos_wessels/
ERP and Related Technologies
Business Processing Reengineering(BPR), Data Warehousing, Data Mining, On-line Analytical Processing(OLAP), Supply Chain Management (SCM),
Customer Relationship Management(CRM), Electronic Data Interchange (EDI)
ImpactECS and SAP for Manufacturing eBook3C Software
For manufacturing companies, the ability to calculate and analyze the cost of the products you build and sell is the key to understanding your company's profitability. Learn how we help companies leverage the information they have in SAP to build accurate and detailed cost and profitability models that expose true profits.
SAP & ImpactECS for Manufacturers - Costing and ProfitabilityMichele Self
For manufacturing companies like yours, the ability to calculate and analyze the cost of the products you build and sell is the key to understanding your company’s profitability. If your company has complicated manufacturing processes, large product catalogs, or multiple production facilities, the ability to calculate costs can be a challenging proposition.
Understanding the then and now of Enterprise Management Systems.pdfAnil
Enterprise Management Systems (EMS), also known as Enterprise Resource Planning (ERP) systems, have evolved significantly over the years. Understanding the "then" and "now" of EMS can provide insights into the transformation of business processes and technology.
MBALN-670 Operations Management Title of the topic 6 .docxARIV4
MBALN-670 Operations Management
Title of the topic 6
Resource Planning and Scheduling
Topic’s learning objectives
1. Identify and critique the strategic frameworks of operations and quality
management within a global business environment.
2. Comprehensive knowledge of the main concept and methods related to
designing and managing operations and supply chains.
3. Systematic application of a range of fundamental operational improvement
concepts.
4. Critically evaluate the role of operations within different business models /
functions..
Introduction
Learning Material
Start by flicking through the presentations, this will provide you with a quick overview
of the topics. Pay particular attention to Resource Planning.
You will find these in the folder “presentations”.
There are various ways in defining an Enterprise resource Planning System. This is
how it has been defined by American Inventory and Production Control System
(APICS) dictionary:
“Enterprise Resource Planning: An accounting oriented information system for
identifying and planning the enterprise-wide resources to make ship and
account for customer orders.”
Again in Internet encyclopedia, it has defined as: “An enterprise planning system is
an integrated computer based application used to manage internal and external
resources, including tangible assets, financial resources, material and human
resources”.
Basically, an ERP combines several traditional management functions into a logical
integrated system and facilitate flow of information across these functions. It is
designed to model and automate basic processes across the organization over a
centralized database and eliminates the need of disparate systems maintained by
various units of the organization.
Figure below shows how information is integrated in a typical organization using a
ERP system.
ERP system is thus a mirror image of the major business processes of an
organization.
Need for Enterprise Resource Planning - Why ERP?
Separate systems were being maintained during 1960/70 for traditional business
functions like Sales & Marketing, Finance, Human Resources, Manufacturing, and
Supply Chain Management. These systems were often incongruent, hosted in
different databases and required batch updates. It was difficult to manage business
processes across business functions e.g. procurement to pay and sales to cash
functions. ERP system grew to replace the islands of information by integrating these
traditional business functions.
The successful implementation of an ERP system will have many advantages,
as indicated below:
Business integration and Improved Data Accuracy: ERP system is
composed of various modules/ sub modules where a module represents a
particular business component. If data is entered in one module such as
receiving, it automatically updates other related modules such as accounts
payable and inventory. This ...
I, BIPIN BHARDWAJ, Hereby declare that this MUP report is the record of authentic work carried out and has not been submitted to any other University or Institute for the award of any degree / diploma etc.
SAP ABAP support by bob panic www.rockstarconsultinggroup.combob panic
Enterprise resource planning (ERP) is a system that integrates all of these functions into a single system, designed to serve the needs of each different department within the enterprise. ERP is more of a methodology than a piece of software, although it does incorporate several software applications, brought together under a single, integrated interface.
Enterprise resource planning (ERP) systems integrate primary business applications; all the applications in an ERP suite share a common set of data that is stored in a central database. A typical ERP system provides applications for accounting and controlling, production and materials management, quality management, plant maintenance, sales and distribution, human resources, and project management.
The OpenText™ AppWorks™ Platform is the ideal solution to build new business applications and new business processes faster and in a simplified way. The solution leverages prior investments in enterprise software and legacy systems to bring together all existing IT assets and empowers the organization with the ability to monitor the entire enterprise under one platform.
Being socially responsible means that people & organization must behave ethically & with sensitivity towards social, cultural, economic and environmental issues which will create a positive impact on development, business, and society.
Presented the project on successful completion of the first year of PGDM by learning of management concepts through video based teaching methodology.
• We Tube: Experts from different industries gives an in-depth knowledge of their subjects.
• We Lounge: Dignitaries share their success stories & how did they overcome obstacles.
• Newswire: Provides information on latest development happening in Business and Technology
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Orkestra
UIIN Conference, Madrid, 27-29 May 2024
James Wilson, Orkestra and Deusto Business School
Emily Wise, Lund University
Madeline Smith, The Glasgow School of Art
This presentation, created by Syed Faiz ul Hassan, explores the profound influence of media on public perception and behavior. It delves into the evolution of media from oral traditions to modern digital and social media platforms. Key topics include the role of media in information propagation, socialization, crisis awareness, globalization, and education. The presentation also examines media influence through agenda setting, propaganda, and manipulative techniques used by advertisers and marketers. Furthermore, it highlights the impact of surveillance enabled by media technologies on personal behavior and preferences. Through this comprehensive overview, the presentation aims to shed light on how media shapes collective consciousness and public opinion.
Have you ever wondered how search works while visiting an e-commerce site, internal website, or searching through other types of online resources? Look no further than this informative session on the ways that taxonomies help end-users navigate the internet! Hear from taxonomists and other information professionals who have first-hand experience creating and working with taxonomies that aid in navigation, search, and discovery across a range of disciplines.
0x01 - Newton's Third Law: Static vs. Dynamic AbusersOWASP Beja
f you offer a service on the web, odds are that someone will abuse it. Be it an API, a SaaS, a PaaS, or even a static website, someone somewhere will try to figure out a way to use it to their own needs. In this talk we'll compare measures that are effective against static attackers and how to battle a dynamic attacker who adapts to your counter-measures.
About the Speaker
===============
Diogo Sousa, Engineering Manager @ Canonical
An opinionated individual with an interest in cryptography and its intersection with secure software development.
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Acorn Recovery: Restore IT infra within minutesIP ServerOne
Introducing Acorn Recovery as a Service, a simple, fast, and secure managed disaster recovery (DRaaS) by IP ServerOne. A DR solution that helps restore your IT infra within minutes.
1. 1
Case Study on EquipMax
Mr. Mayank Jain
Thakur College of
Engineering and
Technology,
Thakur Village, Kandivali
(E),
Mumbai -400101
mk.jain.9090@gmail.com
Mr. Gaurav Handa
Thakur College of
Engineering and
Technology,
Thakur Village, Kandivali
(E),
Mumbai -400101
grhinfotech@gmail.com
Mr. Rohan Bhatnagar
Thakur College of
Engineering and
Technology,
Thakur Village, Kandivali
(E),
Mumbai -400101
roha29pb@gmail.como
ABSTRACT
Resource automation has gained significance in
the backdrop of cost cutting initiatives and the
need to mobilize resources for achieving time
bound targets by corporate institutions. It allows
for measuring of statistical data and comparing
them in order to achieve greater resource
utilization efficiency in the longer run. Resource
management has always been one of the most
complicated aspects of project management. The
development of tools for enterprise resource
planning to ensure the efficacy of these resources
allows for better resource mapping and obtain
higher profit margins. We present a review on a
proposed application that would enable optimum
resource utilization by maintaining and comparing
present and historic data in order to obtain greater
efficiency in work output. By generating reports
on various parameters for resources we would be
able to automate the whole process of internal
quality control checks, maintenance checks as well
as enable the automatic order generation to
vendors for replacing depleting resources in order
to maintain the supply-chain order and avoid any
delay/disruption in output. Lastly we propose that
such an application has potential to be a full scale
commercial product using the same concepts for
any other set of resources-data that have attributes
which could be statistically monitored and
controlled.
General Terms
ERP- Enterprise Resource Planning
Keywords
EquipMax – the nomenclature of our proposed
application.
1. INTRODUCTION
Product planning and resource gathering remain
one of the foremost steps into implementing any
product or project. This process is very time
consuming and complicated because not only it
requires a thorough idea about the technologies
and processes that would go into designing and
creating the product it would also need the
calculation of the resources and utilities which
should be precise. This is where EquipMax our
proposed application steps in as it would not only
help in determining resources for the enterprise but
would also keep tabs regarding the performance of
the business product developed using these
resources and their utilization efficiency. This
would allow the monitoring of return-on-
investment for the business product along with
suggesting the alternatives for a particular resource
using better output efficiency and vendor cost
effectiveness information.
While traditional ERP software deal with product
planning, production, maintenance and sales of the
project before-hand, EquipMax would also deal
with methods to further enhance the commercial
viability, resource utilization and work efficiency
of the product using historical data as well as auto-
generated reports for the project leaders with
respect to the efficiency threshold determined
using past statistical records in order to always
ensure an optimum work environment needed for
continuously developing the product in a more
cost effective manner. One of the main advantages
of this in terms of cost effectiveness would be the
reduced amount of paperwork and delays in
making critical decisions regarding resource
acquisition and replenishment along with reduced
amount of man-labor needed for the same process.
2. 2
This application can be linked with various
products in their development as well production
stages to achieve the objectives of better
profitability simultaneously.
We begin by introducing EquipMax in section 2
where we shall talk in brief about the concept of
the application which we intend to design. In
section 3 we shall justify why EquipMax is
relevant over other traditional ERP software like
SAP. In section 4 we shall talk about our present
work and the details of our implementation. In
section 5 we shall conclude with suggestions to
enhance further the scope of this application in the
future.
2. EQUIPMAX
In this section we shall talk about EquipMax as an
application, its features and the idea behind it.
2.1 The Current Application
EquipMax is a multifunctional and dynamic
application for TCS Corporate Administration
Group to manage the entire life-cycle of all
equipment, systems and resources deployed in
various TCS locations. The application has
flexible features and a scalable design. It has
mechanisms for instant notifications, automatic
report generations and periodic reminders. A vast
array of text-based and rich graphical reports helps
to understand and analyze the work-environment
data. All these pave the way for a conducive
environment for TCS associates.
2.2 The Concept
EquipMax is a platform where the project leaders
of various projects can put in requests for various
resources to their superiors, critical decisions
regarding allocation of resources
and purchasing them from various vendors based
on archived data for the same can help the division
managers in taking sound decisions while the
performances of these resources can be
simultaneously and continuously monitored by the
maintenance team to ensure that the development
and production stages of the product suffer from
no delays. By linking EquipMax with other
systems and software we can analyze them for
obtaining better work efficiency under different
environments on the basis of past archived data.
3. EQUIPMAX AS A PRODUCT
In this section we shall talk about EquipMax as a
product, its commercial viability based on its
concepts.
3.1 Traditional ERP
Enterprise resource planning (ERP) is a business
management software—usually a suite of
integrated applications—that a company can use to
collect, store, manage and interpret data from
many business activities, including: product
planning, cost, manufacturing or service delivery
,marketing and sales, inventory management,
shipping and payment.
ERP provides an integrated view of core business
processes, often in real-time, using common
databases maintained by a database management
system. ERP systems track business resources—
cash, raw materials, production capacity—and the
status of business commitments: orders, purchase
orders, and payroll. The applications that make up
the system share data across the various
departments (manufacturing, purchasing, sales,
accounting, etc.) that provide the data. ERP
facilitates information flow between all business
functions, and manages connections to outside
stakeholders.
3.2 EquipMax versus SAP
The traditional SAP ERP software is a suite of
integrated applications that handle the product
planning, product manufacturing, sales, inventory
management, shipping and payment. SAP ERP
therefore is used to form the blueprint of the
production, maintenance, sales and delivery of the
product. It consists of information required to
produce any basic software product and can be
customized to create a more specific software
product. EquipMax too is a large data repository
like SAP that uses historic data and statistics to
make sound management decisions/suggestions
but the underlying difference is that EquipMax
would constantly endeavor to always upgrade the
existing software in terms of performance,
reduction of production time, resource efficiency,
cost effectiveness using historic statistical data
from the other linked software applications and
running background checks for the same. This
makes EquipMax an Integrated Software
Development Environment platform on which
software developed can be modified to further
enhance its functionalities. EquipMax can be used
in other industries like textiles, automobiles, etc.
where EquipMax could be fed with different
3. 3
production, designing, maintenance, sales and
delivery scenarios and EquipMax would then use
statistical data to suggest for the best practices to
be used considering an all-round scenario thus
imbibing business intelligence into the business.
Also based on the changing scenario EquipMax
might also suggest changes to be made in the
workflow of the product as means of adaptability
and ensuring maximum production benefits to the
developer.
4. PRESENT WORK
Presently EquipMax is a dynamic and scalable
application that maintains as well as monitors the
records of all resources and utilities in every global
TCS office. Historic data combined with business
intelligence is used to determine the viability of
the particular resource or equipment to the
organization and if needed be replaced by
alternatives. In case of equipment failure
automated reports are generated by the software to
the respective authorities regarding a need to
replace or maintain the same. EquipMax is being
made into a cloud based application with all of its
data available over the air. EquipMax is based on
freeware such as Struts for the front-end and
Hibernate for the back-end support. In its current
form EquipMax is able to monitor the economic
efficacy of the resources to determine their
viability of use from a cost cutting sense of view.
5. CONCLUSION
In this article we went through the definition and
characteristics of a typical ERP software. After
that we introduced the concept of the proposed
EquipMax, its application and its defining features.
Following this we took the liberty of comparing
the proposed EquipMax with any traditional ERP
software say, SAP. Over here we are justly able to
highlight SAP’s shortcomings as an ERP solution
and as to how EquipMax helps in overcoming
these shortcomings. We are able to showcase the
potential of a software such as EquipMax because
of its strong concepts and some modifications
making it a potential candidate for a top ERP
solutions software. After this we had made
mention of the current state of EquipMax and its
ability to meet the demands of entire enterprises
because of its scalable architecture and cloud
based support.
Traditional ERP based software go about all the
phases of the software development life cycle like
arbitration, planning, resource gathering,
designing, production, testing, maintenance, sales
and delivery. They require software developers to
have clear cut ideas about the software and the
stages it has to go through before-hand. While this
is a very systematic approach it does not account
for any changes in the business environment or
expectations from the product. An application such
as EquipMax using statistics acquired from other
previous, simultaneously run software using
different processes in different environments
would help in determining the comparative work
efficiency output of the developing software.
In the future we shall see an even greater amount
of automation in the way product development is
handled in enterprises with more and more critical
decisions being taken by the computing systems
themselves based on certain parameters and the
comparison of their values. This amount of
automation would add artificial intelligence to the
ERP tools and thus help bring down delays in the
decision making process. This would not only
keep production up but also help in cutting costs
thus ensuring maximum profitability.
6. ACKNOWLEDGMENTS
We would like to thank Mr. Anand Khandare -
professor at Thakur College of Engineering and
Technology for guiding us and for reviewing our
paper. We would also like to thank all the
MULTICON reviewers for their valuable inputs in
regards to this paper.
7. REFERENCES
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