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ERP STANDS FOR ENTERPRISE RESOURCE PLANNING . EVERY BUSINESS ENTITY
USES VARIOUS TYPES OF RESOURCES TO ACHIEVE ITS BUSINESS OBJECTIVES.
MONEY, MATERIAL, MANPOWER, MACHINES ,ETC. ARE THE RESOURCES
GENERALLY USED BY ANY BUSINESS ENTITY .MANAGING THESE RESOURCES
EFFECTIVELY IS THE MAJOR CHALLENGE BEFORE ANY ORGANIZATION .ERP
SOFTWARE IS THE MOST EFFECTIVE TOOL TO MANAGE THESE RESOURCES FOR
THE UTMOST BENEFIT OF THE ORGANIZATION.
 HIGHER PRODUCTIVITY
 BETTER INSIGHTS
 ACCELERATED REPORTING
 LOWER RISK
 IMPROVED AGILITY
 SAP B1, R/3, and S/4HANA
 Oracle Cloud ERP.
 Brightpearl.
 NetSuite ERP.
 Microsoft Dynamics 365 and GP.
 Sage Intacct.
 Epicor ERP.
THIS IS A CONCEPT INTRODUCED BY ERP SOFTWARE TO EFFECTIVELY UTILIZE
RESOURCES WHICH MAY BE LYING OUTSIDE THE ORGANIZATION.PROCESS OF
SUPPLY CHAIN MANAGEMEMT STARTS RIGHT FROM PROCUREMENT OF GOODS
AND ENDS ON DELIVERY OF FINISHED PRODUCTS AT CUSTOMER’S PLACE.
1. PRODUCT DEVELOPMENT
2. PROCUREMENT
3. MANUFACTURING
4. PHYSICAL DISTRIBUTION
5. OUTSOURCING
6. CUSTOMER SERVICES
7. IMPROVED PERFORMANCE
1. INTEGRATED BEHAVIOR
2. MUTUALLY SHARING INFORMATION
3. MUTUALLY SHARING CHANNEL RISK AND REWARDS
4. CO–OPERATION
5. INTEGRATION OF PROCESSES
1. SERVICE ORIENTATION
2. SYSTEM ORIENTATION
3. COMPETITIVENESS AND EFFICIENCY
4. TO MINIMISE WORK IN PROGRESS
5. TO IMPROVE QUALITY
1. RAW SUPPLY CHAIN
2. RIPE SUPPLY CHAIN
3. INTERNAL SUPPLY CHAIN
4. EXTENDED SUPPLY CHAIN
5. SELF MONITORED SUPPLY CHAIN
6. OUTSOURCED SUPPLY CHAIN
SUPPLY CHAIN MANAGEMENT IS AN EXTENSION OF LOGISTIC
MANAGEMENT. HOWEVER, THERE IS DIFFERENCE BETWEEN THE
TWO.LOGISTICAL ACTIVITIES TYPICALLY INCLUDE MANAGEMENT OF
INBOUND AND OUTBOUND GOODS, TRANSPORTATION, WAREHOUSING,
HANDLING OF MATERIAL, FULFILMENT OF ORDERS, INVENTORY
MANAGEMENT, SUPPLY/DEMAND PLANNING. ALTHOUGH THESE
ACTIVITIES ALSO FORM PART OF SUPPLY CHAIN MANAGEMENT, THE
LATTER HAS DIFFERENT COMPONENTS. LOGISTIC MANAGEMENT CAN
BE TERMED AS ONE OF ITS PARTS THAT IS RELATED TO PLANNING,
IMPLEMENTING, AND CONTROLLING THE MOVEMENT AND STORAGE
OF GOODS, SERVICES AND RELATED INFORMATION BETWEEN THE
POINT OF ORIGIN AND THE POINT OF CONSUMPTION.
 FINANCIAL ANALYSIS
 PERFORMANCE BENCHMARKS
 EVALUATION
 DATABASE AND TECHNOLOGY
 IDENTIFYING EFFICIENCIES
 DECISION MAKING
 REPORTING
A SUPPLY CHAIN MANAGEMENT SYSTEM IS ESSENTIAL FOR ACCESSING REAL-
TIME OPERATIONAL INFORMATION ACROSS MULTIPLE DEPARTMENTS AND
BUSINESSES. LACKING CLEAR INSIGHT INTO THE VARIOUS ACTIVITIES AND
WORKING PROCESSES THAT CONSTITUTE YOUR SUPPLY CHAIN CAN LEAVE
YOU UNABLE TO CREATE PROCEDURES THAT OFFER A SUSTAINABLE
COMPETITIVE ADVANTAGE. ERP SYSTEMS PLAY A KEY ROLE IN SEVERAL
ASPECTS OF THE CREATION AND MAINTENANCE OF A SUPERIOR SUPPLY
CHAIN MANAGEMENT PROCESS, WHICH MAY INCLUDE:
1. SUPPLY CHAIN PLANNING
2. PURCHASING,PROCUREMENT AND EXECUTION
3. MONITORING AND MAINTENANCE
4. MEASUREMENT AND ASSESSMENT
PUSHKAR MAHESHWARI (CRO0690105) IT BATCH 26.pptx

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PUSHKAR MAHESHWARI (CRO0690105) IT BATCH 26.pptx

  • 1.
  • 2.
  • 3. ERP STANDS FOR ENTERPRISE RESOURCE PLANNING . EVERY BUSINESS ENTITY USES VARIOUS TYPES OF RESOURCES TO ACHIEVE ITS BUSINESS OBJECTIVES. MONEY, MATERIAL, MANPOWER, MACHINES ,ETC. ARE THE RESOURCES GENERALLY USED BY ANY BUSINESS ENTITY .MANAGING THESE RESOURCES EFFECTIVELY IS THE MAJOR CHALLENGE BEFORE ANY ORGANIZATION .ERP SOFTWARE IS THE MOST EFFECTIVE TOOL TO MANAGE THESE RESOURCES FOR THE UTMOST BENEFIT OF THE ORGANIZATION.
  • 4.  HIGHER PRODUCTIVITY  BETTER INSIGHTS  ACCELERATED REPORTING  LOWER RISK  IMPROVED AGILITY
  • 5.
  • 6.  SAP B1, R/3, and S/4HANA  Oracle Cloud ERP.  Brightpearl.  NetSuite ERP.  Microsoft Dynamics 365 and GP.  Sage Intacct.  Epicor ERP.
  • 7. THIS IS A CONCEPT INTRODUCED BY ERP SOFTWARE TO EFFECTIVELY UTILIZE RESOURCES WHICH MAY BE LYING OUTSIDE THE ORGANIZATION.PROCESS OF SUPPLY CHAIN MANAGEMEMT STARTS RIGHT FROM PROCUREMENT OF GOODS AND ENDS ON DELIVERY OF FINISHED PRODUCTS AT CUSTOMER’S PLACE.
  • 8. 1. PRODUCT DEVELOPMENT 2. PROCUREMENT 3. MANUFACTURING 4. PHYSICAL DISTRIBUTION 5. OUTSOURCING 6. CUSTOMER SERVICES 7. IMPROVED PERFORMANCE
  • 9. 1. INTEGRATED BEHAVIOR 2. MUTUALLY SHARING INFORMATION 3. MUTUALLY SHARING CHANNEL RISK AND REWARDS 4. CO–OPERATION 5. INTEGRATION OF PROCESSES
  • 10. 1. SERVICE ORIENTATION 2. SYSTEM ORIENTATION 3. COMPETITIVENESS AND EFFICIENCY 4. TO MINIMISE WORK IN PROGRESS 5. TO IMPROVE QUALITY
  • 11. 1. RAW SUPPLY CHAIN 2. RIPE SUPPLY CHAIN 3. INTERNAL SUPPLY CHAIN 4. EXTENDED SUPPLY CHAIN 5. SELF MONITORED SUPPLY CHAIN 6. OUTSOURCED SUPPLY CHAIN
  • 12. SUPPLY CHAIN MANAGEMENT IS AN EXTENSION OF LOGISTIC MANAGEMENT. HOWEVER, THERE IS DIFFERENCE BETWEEN THE TWO.LOGISTICAL ACTIVITIES TYPICALLY INCLUDE MANAGEMENT OF INBOUND AND OUTBOUND GOODS, TRANSPORTATION, WAREHOUSING, HANDLING OF MATERIAL, FULFILMENT OF ORDERS, INVENTORY MANAGEMENT, SUPPLY/DEMAND PLANNING. ALTHOUGH THESE ACTIVITIES ALSO FORM PART OF SUPPLY CHAIN MANAGEMENT, THE LATTER HAS DIFFERENT COMPONENTS. LOGISTIC MANAGEMENT CAN BE TERMED AS ONE OF ITS PARTS THAT IS RELATED TO PLANNING, IMPLEMENTING, AND CONTROLLING THE MOVEMENT AND STORAGE OF GOODS, SERVICES AND RELATED INFORMATION BETWEEN THE POINT OF ORIGIN AND THE POINT OF CONSUMPTION.
  • 13.  FINANCIAL ANALYSIS  PERFORMANCE BENCHMARKS  EVALUATION  DATABASE AND TECHNOLOGY  IDENTIFYING EFFICIENCIES  DECISION MAKING  REPORTING
  • 14. A SUPPLY CHAIN MANAGEMENT SYSTEM IS ESSENTIAL FOR ACCESSING REAL- TIME OPERATIONAL INFORMATION ACROSS MULTIPLE DEPARTMENTS AND BUSINESSES. LACKING CLEAR INSIGHT INTO THE VARIOUS ACTIVITIES AND WORKING PROCESSES THAT CONSTITUTE YOUR SUPPLY CHAIN CAN LEAVE YOU UNABLE TO CREATE PROCEDURES THAT OFFER A SUSTAINABLE COMPETITIVE ADVANTAGE. ERP SYSTEMS PLAY A KEY ROLE IN SEVERAL ASPECTS OF THE CREATION AND MAINTENANCE OF A SUPERIOR SUPPLY CHAIN MANAGEMENT PROCESS, WHICH MAY INCLUDE: 1. SUPPLY CHAIN PLANNING 2. PURCHASING,PROCUREMENT AND EXECUTION 3. MONITORING AND MAINTENANCE 4. MEASUREMENT AND ASSESSMENT