Ans: ERP is an acronym for "Enreprise Resource Planning".an ERP attempts to integrate all departments and functions across a company onto a single computer system that can serve all those different department's particular needs. E : Enterprise is a huge business Organisation.R : Resources are Money,Material,Man power,Machinery,MethodsP : Planing for optimal Utilization of resource for a huge business OrganisationAll te queries can be posted to sapeducation@gmail.com.
Why do Enterpises(Companies) Fix ERP in their Organisations ?There r 5 major reasons Y companies undertake ERP.
(1) Integrate financial Information
(2) Integrate Customer Order Information
(3) Standardize and speed up manufacturing processes
(4) Reduce inventory
(5) Standardize HR information.
(1) Integrate financial Information : As the CEO tries 2 understand D copmany's overall performance,he may find many different versions of the truth .Finance has it's own set of revenue numbers,sales has another version and the different business units may each have their own versions of how much they contributed 2 revenues. ERP creates a single version of D truth that cannot be questioned because everyone is using D same system.
(2) Integrate Customer order information : ERP system can bcome D place where D customer order lives from D time a customer service representative receives it unitll D loading dock ships D merchandise & finance sends an invoice.By having this info in one software system,companies can keep track of orders more easily and coordinate maufacturing,inventory and shiipping among many different locations @ same time.
(3) Standardize and speed up manufacturing processes : Manufacturing companies -especially those with appetite 4r mergers & aquisitions often find that multiple business units across D copmany make D same widget using different methods & computer systems. ERP systems come with standard methods 4r automating some of D steps of steps of a manufacturing process. Standardize those processes & using a single,integrated computer system can save time,increase productivity & reduce head count.
(4) Reduce inventory: ERP helps D manufacturing process flow more smoothly & it improves visibility of D order fulfillment proces inside D company.That can lead 2 reduced inventories of D stuff used 2 make products & it can help users better plan deliveries 2 customers,reducing D finished good inventory @ D warehouse & shipping docs
(5) Standardize HR information - especially in companies with mulitiple busines units, HR may not have a unified,simple method for tracking employees time & communicating with them abt benefits and services.ERP can fix that.In D race 2 fix these problems ,companies often lose sigt of D ERP packages r nothing more than generic representatives of the eays a typical copmany does business, While most of packages r exhaustively comprehensive ,each industry has its own qurks that amke it unique. Most of the ERP systems r designed 2 be used by discrete manufacturing companies . The ERP programs r modified according 2 D needs of each industry which install them.
SAP ( Systems Applications and Products ) is basically an ERP.* :
What is ERP ?
Ans: ERP is an acronym for "Enreprise Resource Planning".an ERP attempts to integrate all departments and functions across a company onto a single computer system that can serve all those different department's particular needs. E : Enterprise is a huge business Organisation.R : Resources are Money,Material,Man power,Machinery,MethodsP : Planing for optimal Utilization of resource for a huge business OrganisationAll te queries can be posted to sapeducation@gmail.com.
Why do Enterpises(Companies) Fix ERP in their Organisations ?There r 5 major reasons Y companies undertake ERP.
(1) Integrate financial Information
(2) Integrate Customer Order Information
(3) Standardize and speed up manufacturing processes
(4) Reduce inventory
(5) Standardize HR information.
(1) Integrate financial Information : As the CEO tries 2 understand D copmany's overall performance,he may find many different versions of the truth .Finance has it's own set of revenue numbers,sales has another version and the different business units may each have their own versions of how much they contributed 2 revenues. ERP creates a single version of D truth that cannot be questioned because everyone is using D same system.
(2) Integrate Customer order information : ERP system can bcome D place where D customer order lives from D time a customer service representative receives it unitll D loading dock ships D merchandise & finance sends an invoice.By having this info in one software system,companies can keep track of orders more easily and coordinate maufacturing,inventory and shiipping among many different locations @ same time.
(3) Standardize and speed up manufacturing processes : Manufacturing companies -especially those with appetite 4r mergers & aquisitions often find that multiple business units across D copmany make D same widget using different methods & computer systems. ERP systems come with standard methods 4r automating some of D steps of steps of a manufacturing process. Standardize those processes & using a single,integrated computer system can save time,increase productivity & reduce head count.
(4) Reduce inventory: ERP helps D manufacturing process flow more smoothly & it improves visibility of D order fulfillment proces inside D company.That can lead 2 reduced inventories of D stuff used 2 make products & it can help users better plan deliveries 2 customers,reducing D finished good inventory @ D warehouse & shipping docs
(5) Standardize HR information - especially in companies with mulitiple busines units, HR may not have a unified,simple method for tracking employees time & communicating with them abt benefits and services.ERP can fix that.In D race 2 fix these problems ,companies often lose sigt of D ERP packages r nothing more than generic representatives of the eays a typical copmany does business, While most of packages r exhaustively comprehensive ,each industry has its own qurks that amke it unique. Most of the ERP systems r designed 2 be used by discrete manufacturing companies . The ERP programs r modified according 2 D needs of each industry which install them.
What is ERP ?
Ans: ERP is an acronym for "Enreprise Resource Planning".an ERP attempts to integrate all departments and functions across a company onto a single computer system that can serve all those different department's particular needs. E : Enterprise is a huge business Organisation.R : Resources are Money,Material,Man power,Machinery,MethodsP : Planing for optimal Utilization of resource for a huge business OrganisationAll te queries can be posted to sapeducation@gmail.com.
Why do Enterpises(Companies) Fix ERP in their Organisations ?There r 5 major reasons Y companies undertake ERP.
(1) Integrate financial Information
(2) Integrate Customer Order Information
(3) Standardize and speed up manufacturing processes
(4) Reduce inventory
(5) Standardize HR information.
(1) Integrate financial Information : As the CEO tries 2 understand D copmany's overall performance,he may find many different versions of the truth .Finance has it's own set of revenue numbers,sales has another version and the different business units may each have their own versions of how much they contributed 2 revenues. ERP creates a single version of D truth that cannot be questioned because everyone is using D same system.
(2) Integrate Customer order information : ERP system can bcome D place where D customer order lives from D time a customer service representative receives it unitll D loading dock ships D merchandise & finance sends an invoice.By having this info in one software system,companies can keep track of orders more easily and coordinate maufacturing,inventory and shiipping among many different locations @ same time.
(3) Standardize and speed up manufacturing processes : Manufacturing companies -especially those with appetite 4r mergers & aquisitions often find that multiple business units across D copmany make D same widget using different methods & computer systems. ERP systems come with standard methods 4r automating some of D steps of steps of a manufacturing process. Standardize those processes & using a single,integrated computer system can save time,increase productivity & reduce head count.
(4) Reduce inventory: ERP helps D manufacturing process flow more smoothly & it improves visibility of D order fulfillment proces inside D company.That can lead 2 reduced inventories of D stuff used 2 make products & it can help users better plan deliveries 2 customers,reducing D finished good inventory @ D warehouse & shipping docs
(5) Standardize HR information - especially in companies with mulitiple busines units, HR may not have a unified,simple method for tracking employees time & communicating with them abt benefits and services.ERP can fix that.In D race 2 fix these problems ,companies often lose sigt of D ERP packages r nothing more than generic representatives of the eays a typical copmany does business, While most of packages r exhaustively comprehensive ,each industry has its own qurks that amke it unique. Most of the ERP systems r designed 2 be used by discrete manufacturing companies . The ERP programs r modified according 2 D needs of each industry which install them.
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