By S. Maurer
What is Enterprise Resources Planning ERP?: In today s fiercely comp titive business environment, there has to be much greater interaction between the customers and manufacturers. This means that, in order to produce goods tailored to Customer requirements and provide faster deliveries, the enterprise must be closely linked to both suppliers and customers.
What is Enterprise Resources Planning ERP?: Some [ERP] vendors provid modular software units together with a unified interface to allow for this gradual approach.
What is Enterprise Resources Planning ERP?: Someone in sal s would easily be able to log into a single system to determine the status of a Customer order that is still in manufacturing. All this comes at a cost though; training costs are high because employees must not only learn how to use new software, they must also learn new processes.
What is Enterprise Resources Planning ERP?: Advantages: In the abs nce of an [ERP] system, a large manufacturer may find itself with many software applications that do not talk to each other and do not effectively interface. Tasks that need to interface with one another may involve: design engineering [how best to make the product], order tracking from acceptance through fulfillment, the revenue cycle from invoice through cash receipt, managing interdependencies of complex Bill of Materials, tracking the 3-way match between Purchase orders [what was ordered], Inventory receipts [what arrived], and Costing [what the vendor invoiced], the Accounting for all of these tasks, tracking the Revenue, Cost and Profit on a granular level.
What is Enterprise Resources Planning ERP?: ERPs are often incorr ctly called back office systems indicating that customers and the general public are not directly involved. This is contrasted with front office systems like Customer Relationship Management [CRM] systems that deal directly with the customers, or the eBusiness systems such as eCommerce, eGovernment, eTelecom, and eFinance, or supplier relationship Management [SRM] systems.
What is Enterprise Resources Planning ERP?: There ar many different systems in a large enterprise s "back office," including planning, manufacturing, distribution, shipping, and accounting.
What is Enterprise Resources Planning ERP?: To implement [ERP] syst ms, enterprises often seek the help of an [ERP] vendor or of third-party consulting enterprises. These firms typically provide three areas of professional services: Consulting, Customisation and Support.
What is Enterprise Resources Planning ERP?: Think of the differ nt systems across your business at the moment, whether manual or automated. A Customer places an order. How often is this order entered into various systems in different departments; from finance to distribution to sales and marketing? Not only is this time consuming, but [IT] also creates the opportunity for errors.
What is Enterprise Resources Planning ERP?: The workflow that takes plac between departments can become much more automated, and ultimately, customers are better served because the individual using the Customer-facing applications will have access to every bit of information regarding each relevant process.
What is Enterprise Resources Planning ERP?: ERP is the use of t chnology to integrate the information from all your key business functions and smooth its flow around your organisation.
What is Enterprise Resources Planning ERP?: The Professional S rvices team is also involved during [ERP] upgrades to ensure that customisations are compatible with the new release.
What is Enterprise Resources Planning ERP?: To compete ffectively in global markets, [IT] is essential that manufacturing businesses of all sizes exploit the new manufacturing Management information and decision support systems available to them.
What is Enterprise Resources Planning ERP?: Computer security is includ d within an [ERP] to protect against both outsider crime, such as industrial espionage, and insider crime, such as embezzlement.
What is Enterprise Resources Planning ERP?: Systems can be difficult to us . The system can suffer from the "weakest link" problem an inefficiency in one department or at one of the partners may affect other participants.
What is Enterprise Resources Planning ERP?: A small project [eg, a nterprise of less than 100 staff] may be planned and delivered within 3 months; however, a large, multi-site or multi-country implementation may take years.
Author:
S. Maurer is a 53-years old college graduated IT professional, with 30 years of experience in the computer & technology fields. Now is the Academic Director of the low cost Online University mba-open-university.net
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