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Enterprise Resource Planning ERP Introduction Evolution and Emerging Trends

Defining ERP:

ERP is a
• Group of integrated, comprehensive set of software modules,
• these modules knit together the different functional units as single entity
• to service the world efficiently and cost effectively.

Enterprise Resource Planning is
• such a strategic tool, which equip the enterprise with necessary capabilities
• to integrate, improve and synchronize isolated functions into streamlined business processes
• to gain a competitive edge in the turbulent business environment.


Diagram-1 Showing how ERP works



Working of ERP:

• For storing data, ERP system uses RDBMS tables. It offers wide range of choices to select RDBMS platform to house your ERP data. The RDBMS tables may be customized according to the organization process through ERP tool set.

• ERP software available in the market comes with an option of support for two or three tier architecture. ...

• Finally, the ERP system includes sophisticated reporting tool for generating comprehensive reports required to perform day-to-day functions as well as MIS and EIS reports.

ERP Software.

Diagram-2

Some of the common modules, available with almost all ERP software is describe below:



ERP software contains modules for the business processes followed in an any organizations. Some of the most common modules available in major ERP packages are described above.
In addition to above, based on type of Industry and Organization, ERP vendors offers additional but essential modules. For Example ERP software for Dairy will require modules like Milk Procurement, Veterinary Services as essential modules.

ERP vendors are also supplying higher-end value added modules at extra cost. ...

Depending upon their target organization ERP Software is divided into three categories. ... ERP for Large Enterprise
This ERP software is targeted for an organization, which has enterprise wide coverage consists of many divisions, suppliers, distributors, and sub-contractors. ... ERP for Medium Enterprise
It is targeted for organization spread in single or more premises. ... ERP for Small Enterprise
As word suggest, it is for a small organization with few employees, limited business turnover.

The partial list of some of popular ERP software and their vendors are given below.

R/2, R/3, My SAP SAP AG,
BAAN IV BAAN Company,
Ramco Marshal, Ramco e-Application Ramco Systems
Oracle Applications Oracle Corporation
BPCS System Software Association
ESS Eastern Software /Wipro Systems Limited
People Soft People Soft

Major ERP benefits:

1. ...

ERP uses RDBMS tables to store data. ...

ERP lowers the inventory level of items within enterprise by ordering them just before production. This is achieved with the help of integrated inventory management system, purchase system and production planning system. ... With ERP system, in place companies must be able to change their mode of operations from Make-To-Stock to Make-To-Order, where manufacturer start making/designing the product after receiving the order. ... With the ERP system manufacturer produced in time and yet retain the cost and time advantages of off-the-self products. ... By integrating purchase system, inventory system, production planning system and sales system the new level of efficiency is achieved which helps in reducing the cycle time. ...

ERP systems offers enable the organization to deliver the product in time or may be earlier. ERP system has module for quality control which is helpful in improving quality at reduced costs.

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Paper Information

Title: Enterprise Resource Planning ERP Introduction Evolution and Emerging Trends

Words: 2580
Rating: None
Pages: 10.3
submitted by: Pradyut

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