Basic structure of a good ERP solution
ERP is the part of the interlinked processes that make up the total business and financial impact. Almost all the typical application systems are nothing but the data manipulation tools. They store data, process them, and present them in the appropriate form whenever requested by the user. In this process the only problem is that there is no link between the application systems being used by different departments.
An ERP system also does the same thing, but in a different manner. There are hundreds of such data tables which store data generated as a result of diverse transactions. These rather integrated for the speedy and accurate results required by multiple users, for multiple purposes, for multiple sites, and at multiple times.
Therefore, ERP solution implies that it be:
Flexible: An ERP system has to have modular application architecture. This means that various functionalities are logically clubbed into different business process and structured into a module which can be interfaced or detached whenever required without affecting the other modules. Comprehensive: It should be able to support variety of organizational functions and must be suitable for a wide range of business organizations.
Web-enabled capability: It should not be confined to the organizational boundaries; rather, it should support the on-line connectivity to the other business entities of the organization.
Best business practice: It must have a collection of the best business processes applicable worldwide.
For more information kindly visit: http://www.eresourceerp.com/basic-structure-of-a-good-ERP-solution.html
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Tuesday, May 31, 2016
Monday, May 30, 2016
Why is ERP important to a company?
An organization that has no ERP will be running on many kinds of software that do not allow interaction. Customization also may be difficult it in some cases. This will negatively affect the optimized functioning of organization's business activities.
The organization will be facing hardship in many areas of its functions. The engineering design of the software will be needed in order to improve the product, and to follow the client's behavior and choices since the first contact is quite important. Administration of the different receipts interdependence will be very complex, such as invoices regarding materials purchases, general expenditures or salaries.
All of these things change when an ERP system is implemented. Information flows constantly and allows you to follow a client's processes at any moment, no matter which part of the process they are going through. Purchases and expenditures are registered in a centralized database which allows you to have close control over these activities. In this regard ERP helps you to prevent possible abuse.
A powerfully integrated ERP system enables interactions of marketing, sales, quality control, products processes, supply lines, stocks and many other areas and it can be in a single database. This will eliminate the occasional loss of and retyping errors. It integrates all departments and functions across a company in a single computer system that is able to serve all those different department's particular needs.
An ERP system also automates business processes by placing them into a useful format that is standardized and common for the whole organization. Moreover i
What is the difference between ERP and WMS?
What is the difference between ERP and WMS?
It is important to understand the difference between Warehouse Management System (WMS) and Enterprise Resource Planning (ERP) system.
Though many of today's ERP systems have tightly integrated WMS systems, the earlier version ERP systems had a limited participation for WMS. This may be the reason why many companies installed a WMS software separately to manage their warehouse activities.
An advanced system takes into account the data of the product, status, lot, dates, dimensions, location, area, region, owner and inventory details. For this function, WMS determines which would be the best location to store the recently received product. Some of the ERP package is not supported to determine the proper location. The selection of an ERP system with all these functions must be evaluated thoroughly before implementing it.
An effective ERP package gives the possibility to assign tasks automatically to the staff using rules and parameters previously defined. An intelligently integrated WMS module in an ERP system can give directions to the workers in an organized way.
How can an ERP system help you meet Strategic Objectives?
Normally in all organizations, managers have to utilize large part of their time and energy in dealing with crises. This is due to someone from the staff is not having done his job in the manner it was expected to be done.
There may be many cases such as tax payment to the government is not done with accuracy, a shipment to a customer not being made on time, bills not collected, production department not meeting the deadlines etc. We are not saying that these works will be carried by an ERP system once it is implemented. As always, people have to do all of the above, but the advantage of an ERP system is that it will enable them to do all this, in a timely, planned and process driven manner.
An efficient ERP system frees up various levels of management form a very large number of operational problems. The managers will get enough time to look at what is going on, without the information seeking becoming an end in itself.
Also when the CEO of a company wants to know the top strategic objectives for the next year from the Function Head, he can actually get down to defining what those objectives are, and how they will be measured. Again, the defining of the objectives cannot be done by the ERP system, but will help in measuring the parameters associated with the strategic objectives.
What is cloud computing and how it is related with eresource ERP?
If you ask the question what is cloud computing means, there are chances that you may get different descriptions from each answers. Cloud computing in simple terms means you will able to work on a computer without having to install or buy a software which is has been developed for your requirement.
In a wider description, cloud computing is a movement that has been occurring in the technology applications. In this case it is not necessary to buy servers or need not install the software in the PCs. Buying more user licenses This all will contribute to a lot of money saving for the companies in the long run.. With the cloud computing method smaller companies can now access technologies and computing power from the internet "clouds" that become a company's server, software, and data center, that can be readily accessed on demand.
Web-based eresource ERP system as a service is another description of cloud computing that is broadly used by companies today. eresource ERP system opening up technologies to the masses by smashing the costly constraints required by on-premise applications. With cloud computing method service provider who is the server and the data center making expanding and shrinking user demand incredibly fast, flexible and affordable.
As the benefits of cloud computing are becoming more clear even larger companies that are working on-premise solutions now looking into cloud computing for their ERP application requirements. This demand is putting some pressure on the large on-premise ERP vendors and web-based applications are gaining more and more popularity among the SMEs and large scale industries alike.
Saturday, May 28, 2016
Is classroom study key to successful ERP implementation?
The introduction of Information Technology, especially enterprise systems such as enterprise resource planning (ERP) systems, is a common way of implementing organizational change today. Such enterprise system implementations frequently come with new software systems and business processes that substantially alter workflow and jobs.
While the annual investment of several millions of rupees in ERP systems is staggering, estimates indicate that there could be chances of failures in implemented systems and such failures have been observed even in highly successful organizations. Organizations that successfully implement ERP systems, including new software and business processes, have reported enormous benefits, such as greater efficiency and effectiveness at the individual employee and organizational levels.
One of the primary causes of failure is the inability of managers to effectively manage the change process. Managers frequently fail to consider the organizational environment and culture relying, instead, on success stories of some organizations that used a big-bang strategy, an implementation strategy in which all modules of an ERP system are implemented simultaneously and in a short period time, to manage their own change. The result can be catastrophic for firms, with consequences up to and including going out of business as a result of a failed ERP implementation.
Given this backdrop, it is important to teach diverse aspects of ERP implementations to make today's information systems and business management curricula relevant to organizational practice. Yet, the effective integration of ERP related knowledge into curricula continues to be a challenge with some suggesting that relevant knowledge should be imparted in a wide range of classes. Of the many areas related to ERP systems, the ability of students to understand that different strategies of ERP implementation may be necessary in different scenarios is an important one, especially for those who may go on to manage such implementations.
A "one-medicine-does-not-cure-all-ailments" argument goes well with when it comes to ERP implementation strategies. Yet, mistakes and failures continue. Sorely needed is a teaching approach that can open the eyes of managers, present and future, to the different strategies to ERP success, and when a particular strategy is appropriate. With a good teaching approach with minimum three cases of examples could help the student identify the areas where a failure is bound to happen and may rectify it. It is also a must that each student is assigned to read only one of the three cases, lessening the total workload, but the students understand the differences in approaches and successes of ERP implementations related to all three cases.
check this link for more information : http://goo.gl/r2y6D2
How quickly can our business benefit from eresource ERP?
How quickly can our business benefit from eresource ERP?
We are sure that the impact of implementation of eresource ERP would be visible in your business within a short period. One of our objectives is to provide the Indians SMEs with a home-grown ERP solution which they could afford and bring the desired benefit in their business quickly. eresource ERP software has been designed and developed accordingly.
The added feature of eresource ERP is its quick implementation process. It is race against time and money for many of Indian SMEs and by fully understanding this situation, eresource ERP has introduced our Guaranteed On-Time Implementation offer.
Eresource offers a full refund for any implementation fees where the agreed-upon ERP go live date is delayed, provided the customer meets all defined milestone deliverables on time. Eresource is the only ERP solution provider that has earned extremely high marks from all their existing customers for its customer support.
for more information check this link : http://goo.gl/ENYgPN
Being a student, I would like to know more about Benefits of ERP
To say in short, ERP systems integrate all business management functions, including planning, inventory/materials management, engineering, order processing, manufacturing, purchasing, accounting and finance, human resources, and more.
ERP software programs are being developed and updated all the time. There are different types of ERP software brands available in the market, but companies must choose the right ERP system to suit their needs. India's leading web-based ERP solution provider eresource ERP even offer mobile capabilities so that you can always have a finger on the pulse of your business activities.
The biggest advantage of an ERP system is with its real time capabilities and the ability to see what is going on with your company as it happens. It is handy when you deal with high volume of business process. With an ERP system, your company will never have inventory shortages or wasted time spent transferring files.
An ERP system provides the solid operational backbone. The system enables the Manufacturers and distributors to function promptly, which will able to improve the volume of production and fulfillment of orders while reducing costs. By optimizing manufacturing and distribution operations with ERP, the companies are also be able to focus on new business opportunities.
Here is a quick look at the benefits the ERP system has to offer:
Streamlining processes and workflows with a single integrated system.
Reduce redundant data entry and processes and in other hand it shares informartioin across the department.
Establish uniform processes that are based on recognized best business practices
Improved workflow and efficiency
Improved customer satisfaction based on improved on-time delivery, increased quality, shortened delivery times
Reduced inventory costs resulting from better planning, tracking and forecasting of requirements
Turn collections faster based on better visibility into accounts and fewer billing and/or delivery errors
Decrease in vendor pricing by taking better advantage of quantity breaks and tracking vendor performance
Track actual costs of activities and perform activity based costing
Provide a consolidated picture of sales, inventory and receivables
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How long does it take to implement eresource ERP?
We would like say on record that our implementation process is fastest in the world today. Our on-time implementation guarantees 100 percent go-live in just three months. We offer the services of experienced consulting and technical support teams, extensive implementation documentation, planning guides, customization services, and comprehensive training classes available on-line and on-site.
eresource offers webinar to new customers, which designed to give them a solid foundation for their implementation. It also gives an insight into the functionalities and implementation process of eresource ERP.
for more information chek this link : http://goo.gl/w4ciQ9
Friday, May 27, 2016
Why should I choose eresource for my ERP solution?
Why should I choose eresource for my ERP solution?
The five main reasons to choose eresource ERP solution are:OPERATIONAL EFFICIENCY:
Automates all business and functional processes thereby increasing overall operational efficiency.
CUSTOMER SATISFACTION:
eresource ERP solution help in enhancing internal business processes and enables organizations to improve customer satisfaction.
EASY ACCESS:
Our web-based ERP solution enables easy accessibility and availability of timely information, which results in better decision making and forecasting.
FLEXIBILITY:
eresource ERP packages have a flexible and scalable structure thereby enabling organizations to adapt and cater to future business expansions and requirements.
COST-EFFECTIVE:
eresource ERP for Small and Medium Enterprises is affordable, quick to implement thus enabling the SMEs to focus on growth and improvement of their business rather than worrying about software.
And over and above, eresource Infotech work with you jointly to deliver the most favorable ERP solution for your organization, to help you further maximize your return on the investment.
check this link : http://goo.gl/SdgCkA
Why ERP is considered to be the backbone of e-business
Why ERP is considered to be the backbone of e-business?
Business enterprises in India are in the process of a major transformation due to globalization and the deregulation of Indian economy, coupled with fundamental changes in the business models due to the emergence of Information Technology based business practices.
Most of the enterprises in developing countries, such as India, are in the process of implementing Enterprise Resource Planning (ERP) system in alignment with organizational transformation and process of re-engineering initiatives. ERP system promise benefits that range from increased efficiency to transformation of quality, productivity and profitability.
However, its implementation poses some unexpected organizational challenges and changes that can be structural as well as cultural in nature. ERP not only helps establish world-class best business practices and brings transparency to the organization but also demands for empowerment and flexibility in decision making process.
The most promising argument is that, to thrive in the e-commerce world companies need to transform their internal business process with the deployment of ERP system. Hence, ERP is considered to be the backbone of e-business.
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How will the eresource ERP Finance Module help improve auditing?
How will the eresource ERP Finance Module help improve auditing?
In our Finance Resource Management module, transactions require document attachments before posting. This would ensure that there are no backlogs for documentation. For the auditor, the documents wil be displayed on click of a button to review a transaction.
In addition, eresource ERP's financial accounting provides company-wide integration that is essential to strategic decision making. The financial accounting module in eresource ERP gives you the ability to centrally track financial accounting data within a single framework, of multiple companies, multiple branches and chart of accounts.
For More Information Check this link : http://goo.gl/s2cAuJ
What makes web-based ERP more ideal than server based solution?
What makes web-based ERP more ideal than server based solution?
Web-based eresource ERP solution simplifies back-office process automation for mid-sized and growing business enterprises. It provides real-time information about finance, order management, purchase, inventory, employee management, e-commerce and much more. With web-based eresoure ERP solution, you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners.
Web-based ERP solution improves business among customers, suppliers and partners through self-service portals, providing for lead management, shipment tracking, bill payment and more.
As a web-based hosted solution, eresource ERP, significantly reduces your overhead expenses. There is no software to install, no hardware to purchase and maintain, and no up-gradation requiring complex re-implementation over time. Our team of IT professionals manages your maintenance, support, and up-gradation at our world-class data center. As a result, you can focus on running your business, while our web-based ERP solution takes care of your business plans with the backend software.
check this link:http://goo.gl/CZpN2t
Functional modules of eresource Fleet Management ERP
eresource Fleet Management ERP system is made up of many useful modules. Each of these modules mimics a major functional area of a fleet/transport organization.
Apart from common ERP modules such as finance, human resource, purchasing and inventory control, exclusive modules developed for the utilization of fleet management are the key functionalities of eresource ERP fleet management ERP system.
Many fleet/transport organizations have selectively implemented this ERP system that is both economically and technically feasible.
Below are the brief descrptions of eresource fleet management ERP modules.
Operation ManagementOperation module in eresource ERP provides a collaborative environment for performing day-to-day tasks. Operation Management module covers daily vehicle transactions. This module helps track the vehicle and availability. Whether it is owned vehicle or managed Vehicle, the operation management module allows you plan out a proper operational strategy.
Fueling Management Average fuel consumption from destination to destination for different kind and type of vehicles are captured in the master file. Facility for defining the tolerance limit of fuel consumption from destination to destination is also defined. This module helps you budget the cost per trip and actual cost after the trip.
Branch Accounting Ability to create different branches. Branches can maintain their accounting differently but it is all stored on a central system. Branches can capture daily expenses data. Being a centrally managed application, the master data (such as Toll...) and branch accounting information can be consolidated under the group company book of accounts.
Billing Management LR Details is captured in the billing module. LR information is automatically affected in billing, thus avoiding data redundancy. Billing can be performed against the LR, against the Contract, against the sales order, on the basis of trip voucher or delivery challan.
R.T.O. (Road/Regional Transport Office)This module compiles Transport Office regulation. Ability to capture, mandate RTO expenses such as Counter Permit renewal, Counter Permit Tax, Fitness Certificate, Tax, if any, National Permit renewal, PUC, Permit Tax, etc.,
InsuranceInsurance information for all moving assets is captured in this section. This module automatically triggers insurance expiry information from two months prior to the expiry date until the insurance is renewed.
Freight Memo & LR ManagementSupport for handling inbound and outbound of shipment or Goods, Goods Inward Memo, Door Delivery Approval, Customizable Invoices. Supports both company owned and outsourced transport. Enables goods transfer to different locations through internal transfers within a given location (and moving the same to destination location and finally to the Customers).
Transshipment ManagementTranshipment of goods or container is managed through this module. Loading and unloading of material in the case of change of the means of transport or the shipment of goods or container to an intermediate destination and then from there to yet another destination is provided in Transhipment Management Module.
Driver ManagementDriver Information is captured in this module. This is a part of Human Resource Management. Access to Driver Information and driver related data can be accessed from Driver Management module.
Tyre Inventory ManagementInventory of tyre is maintained through this section. eresource ERP inventory management is a key part of our cost savings program. The tyre inventory module will help you track tyre information, usage of tyre in vehicle, tyre resoling information and many more.
Purchase Order ProcessingPurchase module in eresource ERP streamlines procurement of required vehicle spare parts and other non-inventory materials. It automates the processes of identifying potential suppliers, Supplier Evaluation, Supplier Quote Evaluation,
Inventory ManagementInventory module provides a powerful and flexible set of features to help you manage and report your inventory information. eresource Inventory Management facilitates processes of maintaining the appropriate level of stock in a warehouse.
Human Resource ManagementHuman Resource module streamlines the management of human resources and human capitals. It comprises of 4 broad sections, mainly Training, Recruitment, Payroll and Attendance. HR module in eresource routinely maintains a complete employee record.
Accounts and Finance ManagementFinance Resource Management in eresource gathers financial data from various functional departments and generates valuable financial reports such as balance Sheet, Trial balance, General Ledgers, Quarterly Financial Reports, Account Statements, Gross Profit Analysis, Cost Center wise Analysis, Branch wise Profit Analysis, profitability report, Asset and Depreciation Management, Tax Management, ABC Analysis and many more.
Cost-effective, user-friendly, web-based ERP system
Cost-effective, user-friendly, web-based ERP system
MANY of the organizations still depending on their old legacy system are facing hindrance in their progress due to this incompatible system in today's fast growing business environment.
The opportunity to see the benefits of a new system is offset by the distraction of the potential cost and effort. This delay may postpone the incidence of changeover costs, but this is offset by the costs incurred through the missed opportunities associated with the enhanced functionality.
When the decision is finally taken to implement a system which can provide operational excellence and a substantial return on investment, organizations must take the advantages of eresource ERP in the way of affordable cost, on-time implementation and risk-free on-line service back up.
One of the most important advantages of eresource ERP is that it is the cost-effective easy-to-use Web-based ERP application which has been produced in India, the world's number one IT hub.
Other important factor is, over the years eresource ERP has been proved to be highly successful ERP solution for Manufacturing, Pharmaceutical, Fleet Management, Construction and Infrastructure as well as Oil and Gas industries.
Following are some of the major factors of eresource ERP's popularity.
Eliminate the limitations of the legacy system such as fragmentation of data and process, inflexibility to change and insupportable technologies.
Take advantage of the untapped mid-market (medium size organizations) through increased functionality at a reasonable cost.
Enables improved business performance through cycle time reduction. Cycle time is the time available at each station for the performance of the work allocated or the time elapsing between completed units coming of an assembly line.
Support business growth requirements through new products/product lines, new customers, global requirements including multiple languages and currencies.
Provide flexible, integrated, real-time decision support in improving responsiveness across the organization.
MANY of the organizations still depending on their old legacy system are facing hindrance in their progress due to this incompatible system in today's fast growing business environment.
The opportunity to see the benefits of a new system is offset by the distraction of the potential cost and effort. This delay may postpone the incidence of changeover costs, but this is offset by the costs incurred through the missed opportunities associated with the enhanced functionality.
When the decision is finally taken to implement a system which can provide operational excellence and a substantial return on investment, organizations must take the advantages of eresource ERP in the way of affordable cost, on-time implementation and risk-free on-line service back up.
One of the most important advantages of eresource ERP is that it is the cost-effective easy-to-use Web-based ERP application which has been produced in India, the world's number one IT hub.
Other important factor is, over the years eresource ERP has been proved to be highly successful ERP solution for Manufacturing, Pharmaceutical, Fleet Management, Construction and Infrastructure as well as Oil and Gas industries.
Following are some of the major factors of eresource ERP's popularity.
Eliminate the limitations of the legacy system such as fragmentation of data and process, inflexibility to change and insupportable technologies.
Take advantage of the untapped mid-market (medium size organizations) through increased functionality at a reasonable cost.
Enables improved business performance through cycle time reduction. Cycle time is the time available at each station for the performance of the work allocated or the time elapsing between completed units coming of an assembly line.
Support business growth requirements through new products/product lines, new customers, global requirements including multiple languages and currencies.
Provide flexible, integrated, real-time decision support in improving responsiveness across the organization.
Open lines of communication with partners, suppliers and customers
Open lines of communication with partners, suppliers and customers
BUSINESS in this world is complex, fluid and customer-centric. It requires stringent, yet flexible processes and communications systems that extend globally and respond instantaneously. The process and systems must be integrated. No part of the enterprise can escape the pressure to deliver measurable results.To compete on a functional level today, businesses must adopt an enterprise-wide approach to ERP that utilizes the Internet and connects to every facet of the value chain. They must change their own internal processes and procedures to foster collaboration efforts both inside and outside the organization, and they must integrate technologies that allow their collaboration efforts to take full flight.
Changing internal process is not always easy. Organizations must abandon old methods that strived to preserve and protect data in individual fiefdoms. They need to allow data to be shared with an organization a rule and roles based system. They must overhaul reporting structures that limit decision-making to a select few. They must open lines of communication and collaboration with the organization and to outside partners, suppliers and customers. Without open processes the extension of EP throughout an enterprise will fail.
eresource ERP gives businesses a vehicle to manage information and use it to their advantage. Its organized customer data in ways that help individual departments operate more efficiently; and it creates streamlined processes that help manufacturing operations cut costs and move products along more quickly.
Web-enabled eresource ERP links departmental communications, work processes, customer data and supplier capabilities into a centrally functioning system - all focused on driving the enterprise forward. Enterprises are already starting to benefit from their eresource ERP installations to more of their organizations. Web-based eresource ERP was a giant step forward when first came into scene. However, over time, most products on the market offer similar functionality, eresouece ERP has its greater efficiencies and effectiveness, which our customers are really satisfied with.
eresource ERP does offer advancements in functionality. It delivers on theoriginal concept of ERP being for the entire enterprise, so that the whole organization can operate more efficiently. No longer does corporate information sit isolated in departmental silos, but it houses with all corporate information, used to benefit the entire organization namely, its business partners, supplies, customers, etc.
This information enabling creates a new level of cohesion and eliminates most of the departmental and organizational information barriers facilitating smooth and seamless flow information. The integration of ERP, the enabling technologies like CRM, SCM, the analysis and business intelligence tools and web-enabled ERP, the organizations to do business in the Internet way at astonishing speeds and high efficiencies.
ERP reduces cycle time, improves efficiency
ERP reduces cycle time, improves efficiency
AMONG the other benefits that eresource ERP can bring, reduction of cycle time is an important an aspect. Before getting to know the benefits of reduction in cycle time, it is better to understand what cycle time is meant. Cycle time is the time between placement of the order and delivery of the product.
At one end of the manufacturing spectrum is the make-to-order operation where the cycle time and cost of production are high. This is because in a make-to-order situation the manufacturer starts making the product or designing the product only after receiving the order. The manufacturer will procure the materials and components required for production only after getting the order. On the other end of the manufacturing operations is the make-to-stock approach, where the products are manufactured and kept in the finished goods inventory before the order is placed.
In both cases the cycle time can be reduced by the ERP systems, but the reduction will be more in the case of make-to-order systems. In the case of make-to-stock, the items are already manufactured and kept in warehouses or with distributors, for sales. Here the cycle time is reduced not in the shop floor, but during the order fulfillment. In the earlier days, even for the made-to-stock items, the cycle time used to be high. This is because the process was manual and if computerized, was not integrated.
Here is a typical example of old working system. Suppose a customer places an order. The order entry clerk has to check whether the ordered product is available in the warehouse nearest to the customer. If it is not available there, then he will have to check whether it is available in other warehouses or with any of the distributors. Then he will have to process the order, inform the concerned warehouse or distributor to ship the item and then inform the finance department to raise the invoice and so on.
All these used to take time, days and sometimes week. But with eresource ERP system, as soon as the order is entered into the system, the system checks the availability of the items. If it is not available at the warehouse closest to the customer, then the warehouse that is closer and which has the item in stock is identified. The warehouse is informed about the order and the shipment details are sent t the distribution module, which will perform the necessary tasks like packaging, picking and so on, so that the goods are delivered on-time.
The finance module is also alerted about the order so that they can raise the invoice. All these actions are triggered by the click of a button by the order entry clerk. Since all the data, updated to the minute, is available in the centralized database and since all the procedures are automated, almost all these activities are done without human intervention. This efficiency of the eresource ERP system helps in reducing the cycle time.
eresource ERP system has proved that it can produce goods at the flexibility of make-to-order approach without losing the cost and time benefits of made-to-order operations. This means that the customer will get individual attention and features that they want without spending more money or waiting for long periods. With t web enabled eresource ERP system, customers can place the order, track the status of the order and make the payment sitting at home.
http://www.eresourceerp.com/ERP-reduces-cycle-time-improves-efficiency.html
AMONG the other benefits that eresource ERP can bring, reduction of cycle time is an important an aspect. Before getting to know the benefits of reduction in cycle time, it is better to understand what cycle time is meant. Cycle time is the time between placement of the order and delivery of the product.
At one end of the manufacturing spectrum is the make-to-order operation where the cycle time and cost of production are high. This is because in a make-to-order situation the manufacturer starts making the product or designing the product only after receiving the order. The manufacturer will procure the materials and components required for production only after getting the order. On the other end of the manufacturing operations is the make-to-stock approach, where the products are manufactured and kept in the finished goods inventory before the order is placed.
In both cases the cycle time can be reduced by the ERP systems, but the reduction will be more in the case of make-to-order systems. In the case of make-to-stock, the items are already manufactured and kept in warehouses or with distributors, for sales. Here the cycle time is reduced not in the shop floor, but during the order fulfillment. In the earlier days, even for the made-to-stock items, the cycle time used to be high. This is because the process was manual and if computerized, was not integrated.
Here is a typical example of old working system. Suppose a customer places an order. The order entry clerk has to check whether the ordered product is available in the warehouse nearest to the customer. If it is not available there, then he will have to check whether it is available in other warehouses or with any of the distributors. Then he will have to process the order, inform the concerned warehouse or distributor to ship the item and then inform the finance department to raise the invoice and so on.
All these used to take time, days and sometimes week. But with eresource ERP system, as soon as the order is entered into the system, the system checks the availability of the items. If it is not available at the warehouse closest to the customer, then the warehouse that is closer and which has the item in stock is identified. The warehouse is informed about the order and the shipment details are sent t the distribution module, which will perform the necessary tasks like packaging, picking and so on, so that the goods are delivered on-time.
The finance module is also alerted about the order so that they can raise the invoice. All these actions are triggered by the click of a button by the order entry clerk. Since all the data, updated to the minute, is available in the centralized database and since all the procedures are automated, almost all these activities are done without human intervention. This efficiency of the eresource ERP system helps in reducing the cycle time.
eresource ERP system has proved that it can produce goods at the flexibility of make-to-order approach without losing the cost and time benefits of made-to-order operations. This means that the customer will get individual attention and features that they want without spending more money or waiting for long periods. With t web enabled eresource ERP system, customers can place the order, track the status of the order and make the payment sitting at home.
http://www.eresourceerp.com/ERP-reduces-cycle-time-improves-efficiency.html
Customer relation key to business success
Customer relation key to business success
ONE of the prime components of business success is the ability toservice customers effectively. Businesses must have a comprehensive understanding of each and every customer and their history. With access to a full case history, solution providers can tailor their service to the customer's unique circumstances and preferences, in the context of the overall relationship.
Customer loyalty has a powerful effect on the business bottom line. The dramatic economic power of customer retention is revealed when customers are viewed in terms of life value. eresource ERP enables the enterprises to retain its customers, which makes a perfect business sense. A consumer retained for life is more cost effective, requires less service, provides more business and contributes to new customer acquisition by offering positive referrals. For the average business, studies indicate that repeat customers account for 70 per cent of total revenues. Thus, customers' retention guarantees significant current and future economic benefit.
eresource ERP system integrates case management that show all previous contacts from all media empower companies to serve and market to customers without waiting time or resources. With an accurate, company-wide customer database - including marketing, order, fulfillment and customer service history - businesses can reach a greater understanding of their customers over time, delivering increasingly personal and rewarding experiences and products.
eresource ERP integration enables businesses to better comprehend and thereby, better serve customers with each and every interaction. There is a common belief that the enterprise application integration is a difficult task. The good news is that with easy implementation methodology of eresource ERP system the difference in your business operations can be experienced within a short period of time. Our case study method and implementation strategy along with its training methods guarantees a smooth function of our ERP system.
What is more important when it comes to implementation of an ERP solution is that the enterprise application integration is a corporate-level problem requiring a corporate-level strategy. Organizations implementing ERP applications have to explore the area of integrating these applications to the other enterprise applications. What approach to take will depend on the need for integration. However, the aggressive organizations have to adopt the right implementation methods in a cautious manner to keep their leadership in the market.
ONE of the prime components of business success is the ability toservice customers effectively. Businesses must have a comprehensive understanding of each and every customer and their history. With access to a full case history, solution providers can tailor their service to the customer's unique circumstances and preferences, in the context of the overall relationship.
Customer loyalty has a powerful effect on the business bottom line. The dramatic economic power of customer retention is revealed when customers are viewed in terms of life value. eresource ERP enables the enterprises to retain its customers, which makes a perfect business sense. A consumer retained for life is more cost effective, requires less service, provides more business and contributes to new customer acquisition by offering positive referrals. For the average business, studies indicate that repeat customers account for 70 per cent of total revenues. Thus, customers' retention guarantees significant current and future economic benefit.
eresource ERP system integrates case management that show all previous contacts from all media empower companies to serve and market to customers without waiting time or resources. With an accurate, company-wide customer database - including marketing, order, fulfillment and customer service history - businesses can reach a greater understanding of their customers over time, delivering increasingly personal and rewarding experiences and products.
eresource ERP integration enables businesses to better comprehend and thereby, better serve customers with each and every interaction. There is a common belief that the enterprise application integration is a difficult task. The good news is that with easy implementation methodology of eresource ERP system the difference in your business operations can be experienced within a short period of time. Our case study method and implementation strategy along with its training methods guarantees a smooth function of our ERP system.
What is more important when it comes to implementation of an ERP solution is that the enterprise application integration is a corporate-level problem requiring a corporate-level strategy. Organizations implementing ERP applications have to explore the area of integrating these applications to the other enterprise applications. What approach to take will depend on the need for integration. However, the aggressive organizations have to adopt the right implementation methods in a cautious manner to keep their leadership in the market.
A perfect ERP solution for Midmarket
A perfect ERP solution for Midmarket
WHEN an organization deploys ERP solution expectations are bound to run high as all the manual processes are automated, production scheduling is more efficiently managed and inventory is more accurately assessed.
We have time and again emphasized the objectives of eresource ERP. Our prime objective is to give the midmarket organizations an effective ERP solution which after implementation can measure the business performance more holistic fashion than ever before. Our system gives executives real-time visibility into all business processes, enabling them to make better strategic decisions. In short, with eresource ERP system, a midmarket company can compete more aggressively in global markets.
Implementation of eresource ERP can reduce costs in three primary categories such as inventory costs, manufacturing operating costs and administrative costs. Our system has its fingers in all aspects of running a business; its benefits are myriad and go beyond tangible cost reductions. It can improve an organization's customer service and response time when solving issues. It can solve issues of interoperability among multiple manufacturing locations. It can standardize and accelerate manufacturing processes in all of a company's manufacturing sites. It can streamline a manufacturer's order-fulfillment processes. It can facilitate connecting with partners' and suppliers' enterprise systems.
The biggest advantage of eresource ERP is that it is fully web-enabled ERP solution. eresource allows software capabilities to be easily connected and reused, making it quicker and cheaper to assemble, deploy and sustain enterprise-grade technology. With eresource, organizations can more quickly adapt to changing business processes. Several midmarket enterprises have already implemented eresource ERP started enjoying the benefits out of it.
The latest and greatest thing to hit midmarket ERP is on-demand delivery of ERP applications. eresource ERP also offer on-demand in addition to filtered ERP options. Filtered ERP or subscription-based pricing of eresource ERP solution will be particularly appealing to midmarket organizations with minimal IT budgets and on-site resources. They can also help organizations react more quickly and with less disruption to structural changes within the company and changes in the market.
What is to be cautious about the selection of an ERP system is, before you commit to any ERP system, you should first evaluate the system such as what your organization needs and wants to accomplish with its ERP strategy. The outcome of this evaluation will help you determine which applications and what kind of functionality your organization requires as well as go a long way toward easing the implementation
ERP for strategic and technical solution
ERP for strategic and technical solution
ORGANIZATIONS need to make a substantial Investment in an ERP system in terms of capital investment, as well as from the recurring annual expenditure. The company, therefore, would like to ensure that the investment in ERP is a right decision. In that process, there may be chances of some questions arising from the members of the decision making team. These questions are reasonable. Why ERP and why not custom built software? And this, followed by which ERP out of the host of ERP packages available in the market.
Some companies see ERP as a technical solution, whereas some others view it as a strategic solution. Whether it is seen as a technical or a strategic solution, eresource is the suitable ERP system to match both these solution. Here are the highlights of eresource ERP.
Best industry practices of the respective industry are put into the eresource ERP solution.
Since this ERP solution provides an integrated environment, it provides an opportunity to see the whole company as one unit.
Better control on the company's information flow.
Integrating several old ad hoc systems into one single information system and thereby, reducing the costs of maintenance of the same.
Easy to replace systems for situations where the old systems are bulky and cannot be upgraded further.
If the company sees ERP as a technical solution, the main reason for changing over is that its present information systems are too old. Many companies will use systems that were developed in-house and are especially adapted for the company. Most of the companies have several systems developed by different vendors. The capacity of these systems is often not enough or they cannot be upgraded because they are not supported anymore.
For large enterprises, it is very difficult to get a general overview of its organization. This can be simplified with eresource ERP system where everybody works according to the same routine. This concern especially today's more and more globalised companies. Web-based eresource ERP system gives opportunities to rationalize and develop the organization. This ERP system may be seen as a tool to obtain information that can be important when forming the company's future strategies.
Agility is the watchword for business
Agility is the watchword for business
UNDERSTANDING the nature of your business is very important. Production takes places in all kinds of business as well as non-business operations. For example, production in a hospital is related to the process of serving meals to the patients, performing surgeries, taking and reading X-rays, conducting physical therapy, cleaning rooms and receiving payments.
Supermarket production operations include ordering and pricing inventory, stocking the shelves, packaging and displaying products, and so on. Government issues permits and licenses, collect taxes, register voters, provide police and fire protection, and so on. Contractors construct, repair and demolish buildings, build highways and bridges, and landscape parks. Similarly banks grant loans, cash or issue cheques and handle deposits and withdrawals.
Production process vary greatly in complexity, production time and the amount of resources, information and planning needed and the number and type of machines and employees needed, and the number of employees and machine needed. The production of a car takes time and requires a variety of very expensive machines and high skilled employees, typing a letter on other hand is a short process using mainly a word processor.
Competition in the future places increased emphasis upon time as expected by speed, quality and global focus. Agility is the watchword. Manufacturers are measured by their ability to react quickly to sudden, when unpredictable change in customer demand for their products and services. To compete successfully in today's business environment, requires an effective ERP system, which is a manufacturing business application, that is time and activity based and above all else, focused on their customer.
Manufacturers must respond quickly and effectively to customer demands. While agility is desirable, without an effective enterprise resource planning system it results in speed without purpose. The very heart of an enterprise manufacturing system centers on its integrated planning, business process and execution capabilities. Traditional closed-loop MRP concepts have long heralded the importance of effective planning system, because process understanding and timely executions.
Strategically effective planning results in improved inventory turns, productivity increase and improved return on investment. Tactically effective business processes provide improved customer satisfaction, reduced time to market and improved market share. Effective execution provides short cycle time, quality assurance, continuous improvement and quick response to process variability. All three elements contribute positively to the decision to install an enterprise-wide resource planning system.
Operational efficiency with ERP and eBusiness
Operational efficiency with ERP and eBusiness
SOME of the organizations may be wondering why a Web-based ERP application is needs to be implemented. The answer is simple. A well run Web-enabled ERP system will make the entire value chain very powerful. The companies that have successfully implemented ERP system will become the masters in helping other suppliers to integrate ERP and eBusiness to create a Web-based extended ERP environment.
Anyone will agree with the point that the traditional businesses spend a lot of time, effort for communicating business information and making and accepting payments. But eBusiness do the same thing over digital networks. Thus, the savings in terms of time, effort, error reduction, etc, are quite dramatic.
With making its operations eBusiness, the organizations can accept payments - credit card payments, digital cash, etc - over the Internet. The use of electronic media for information and transmission and financial transactions greatly reduce the time required for completing a transaction at the same time automating the business process involved.
Of late many of the organization consider Web-enabled ERP as their most important and strategic platform because it provides a solid foundation and information backbone for eBusiness. When a business application like an ERP system is enhanced with the eBusiness capability, i.e. making it a web-based ebusiness enabled ERP, they supercharge each other. eBusiness is the best vehicle to share business information with partners for creating major B2B synergies.
A fully integrated web-based ERP system like eresource ERP will capture and create accurate, consistent and timely relevant data, and assist in intelligent business decision-making. The impact of ERP/e-Business integration is substantial, ranging from reduced inventory and personnel level to improved order and cash management. It also results in improved customer responsiveness, reduced IT costs and the availability for value-added activities.
The successful organizations are continuously modifying their methods in serving their clients which also increases their profit margin. To achieve this positive result, organizations have to intelligently integrate the supply chain, so that information, material and money automatically flows up and down the supply chain at high-speeds without any glitches.
Organizations also need to woo the customers with personalized services. What every top people in the management side must realize that is in today's competitive world, there is no consistency in the loyalty of a customer. It is always changes. In this age of Internet and other fast phased communication era, information is freely available and it is highly possible for the customer to switch loyalty without any indication when there are better quality services available in the market. Therefore the organization should not waste time and must collect information about the customers and analyze it to find the customer preferences, purchase patterns and so on. To do this it must have a good customer relationship management system (CRM).
It is also to be remembered that just keeping customers happy and offering personalized service will not have any effect if the operating efficiency of the company is poor. In order to improve efficiency and to have better information integration, companies should have an effective Web-enabled ERP system in place. An efficient and well-implemented ERP system like eresource ERP can raise the productivity to unprecedented levels.
SOME of the organizations may be wondering why a Web-based ERP application is needs to be implemented. The answer is simple. A well run Web-enabled ERP system will make the entire value chain very powerful. The companies that have successfully implemented ERP system will become the masters in helping other suppliers to integrate ERP and eBusiness to create a Web-based extended ERP environment.
Anyone will agree with the point that the traditional businesses spend a lot of time, effort for communicating business information and making and accepting payments. But eBusiness do the same thing over digital networks. Thus, the savings in terms of time, effort, error reduction, etc, are quite dramatic.
With making its operations eBusiness, the organizations can accept payments - credit card payments, digital cash, etc - over the Internet. The use of electronic media for information and transmission and financial transactions greatly reduce the time required for completing a transaction at the same time automating the business process involved.
Of late many of the organization consider Web-enabled ERP as their most important and strategic platform because it provides a solid foundation and information backbone for eBusiness. When a business application like an ERP system is enhanced with the eBusiness capability, i.e. making it a web-based ebusiness enabled ERP, they supercharge each other. eBusiness is the best vehicle to share business information with partners for creating major B2B synergies.
A fully integrated web-based ERP system like eresource ERP will capture and create accurate, consistent and timely relevant data, and assist in intelligent business decision-making. The impact of ERP/e-Business integration is substantial, ranging from reduced inventory and personnel level to improved order and cash management. It also results in improved customer responsiveness, reduced IT costs and the availability for value-added activities.
The successful organizations are continuously modifying their methods in serving their clients which also increases their profit margin. To achieve this positive result, organizations have to intelligently integrate the supply chain, so that information, material and money automatically flows up and down the supply chain at high-speeds without any glitches.
Organizations also need to woo the customers with personalized services. What every top people in the management side must realize that is in today's competitive world, there is no consistency in the loyalty of a customer. It is always changes. In this age of Internet and other fast phased communication era, information is freely available and it is highly possible for the customer to switch loyalty without any indication when there are better quality services available in the market. Therefore the organization should not waste time and must collect information about the customers and analyze it to find the customer preferences, purchase patterns and so on. To do this it must have a good customer relationship management system (CRM).
It is also to be remembered that just keeping customers happy and offering personalized service will not have any effect if the operating efficiency of the company is poor. In order to improve efficiency and to have better information integration, companies should have an effective Web-enabled ERP system in place. An efficient and well-implemented ERP system like eresource ERP can raise the productivity to unprecedented levels.
for more information check this link : http://www.eresourceerp.com/Operational-efficiency-with-ERP-and-eBusiness.html
Operational efficiency with ERP and eBusiness
Operational efficiency with ERP and eBusiness
SOME of the organizations may be wondering why a Web-based ERP application is needs to be implemented. The answer is simple. A well run Web-enabled ERP system will make the entire value chain very powerful. The companies that have successfully implemented ERP system will become the masters in helping other suppliers to integrate ERP and eBusiness to create a Web-based extended ERP environment.
Anyone will agree with the point that the traditional businesses spend a lot of time, effort for communicating business information and making and accepting payments. But eBusiness do the same thing over digital networks. Thus, the savings in terms of time, effort, error reduction, etc, are quite dramatic.
With making its operations eBusiness, the organizations can accept payments - credit card payments, digital cash, etc - over the Internet. The use of electronic media for information and transmission and financial transactions greatly reduce the time required for completing a transaction at the same time automating the business process involved.
Of late many of the organization consider Web-enabled ERP as their most important and strategic platform because it provides a solid foundation and information backbone for eBusiness. When a business application like an ERP system is enhanced with the eBusiness capability, i.e. making it a web-based ebusiness enabled ERP, they supercharge each other. eBusiness is the best vehicle to share business information with partners for creating major B2B synergies.
A fully integrated web-based ERP system like eresource ERP will capture and create accurate, consistent and timely relevant data, and assist in intelligent business decision-making. The impact of ERP/e-Business integration is substantial, ranging from reduced inventory and personnel level to improved order and cash management. It also results in improved customer responsiveness, reduced IT costs and the availability for value-added activities.
The successful organizations are continuously modifying their methods in serving their clients which also increases their profit margin. To achieve this positive result, organizations have to intelligently integrate the supply chain, so that information, material and money automatically flows up and down the supply chain at high-speeds without any glitches.
Organizations also need to woo the customers with personalized services. What every top people in the management side must realize that is in today's competitive world, there is no consistency in the loyalty of a customer. It is always changes. In this age of Internet and other fast phased communication era, information is freely available and it is highly possible for the customer to switch loyalty without any indication when there are better quality services available in the market. Therefore the organization should not waste time and must collect information about the customers and analyze it to find the customer preferences, purchase patterns and so on. To do this it must have a good customer relationship management system (CRM).
It is also to be remembered that just keeping customers happy and offering personalized service will not have any effect if the operating efficiency of the company is poor. In order to improve efficiency and to have better information integration, companies should have an effective Web-enabled ERP system in place. An efficient and well-implemented ERP system like eresource ERP can raise the productivity to unprecedented levels.
SOME of the organizations may be wondering why a Web-based ERP application is needs to be implemented. The answer is simple. A well run Web-enabled ERP system will make the entire value chain very powerful. The companies that have successfully implemented ERP system will become the masters in helping other suppliers to integrate ERP and eBusiness to create a Web-based extended ERP environment.
Anyone will agree with the point that the traditional businesses spend a lot of time, effort for communicating business information and making and accepting payments. But eBusiness do the same thing over digital networks. Thus, the savings in terms of time, effort, error reduction, etc, are quite dramatic.
With making its operations eBusiness, the organizations can accept payments - credit card payments, digital cash, etc - over the Internet. The use of electronic media for information and transmission and financial transactions greatly reduce the time required for completing a transaction at the same time automating the business process involved.
Of late many of the organization consider Web-enabled ERP as their most important and strategic platform because it provides a solid foundation and information backbone for eBusiness. When a business application like an ERP system is enhanced with the eBusiness capability, i.e. making it a web-based ebusiness enabled ERP, they supercharge each other. eBusiness is the best vehicle to share business information with partners for creating major B2B synergies.
A fully integrated web-based ERP system like eresource ERP will capture and create accurate, consistent and timely relevant data, and assist in intelligent business decision-making. The impact of ERP/e-Business integration is substantial, ranging from reduced inventory and personnel level to improved order and cash management. It also results in improved customer responsiveness, reduced IT costs and the availability for value-added activities.
The successful organizations are continuously modifying their methods in serving their clients which also increases their profit margin. To achieve this positive result, organizations have to intelligently integrate the supply chain, so that information, material and money automatically flows up and down the supply chain at high-speeds without any glitches.
Organizations also need to woo the customers with personalized services. What every top people in the management side must realize that is in today's competitive world, there is no consistency in the loyalty of a customer. It is always changes. In this age of Internet and other fast phased communication era, information is freely available and it is highly possible for the customer to switch loyalty without any indication when there are better quality services available in the market. Therefore the organization should not waste time and must collect information about the customers and analyze it to find the customer preferences, purchase patterns and so on. To do this it must have a good customer relationship management system (CRM).
It is also to be remembered that just keeping customers happy and offering personalized service will not have any effect if the operating efficiency of the company is poor. In order to improve efficiency and to have better information integration, companies should have an effective Web-enabled ERP system in place. An efficient and well-implemented ERP system like eresource ERP can raise the productivity to unprecedented levels.
SMBs can benefit more from eresource ERP
SMBs can benefit more from eresource ERP
Initially, during its launch period, eresource ERP was mainly associated with manufacturing sector and all its developments were focused on in this industry. Majority of the manufacturing segments have relied on eresource for their logistic, supply chain and ware house ERP solution. eresource ERP has made its stamp on this sector and till today we have succeeded in keeping our superiority in this sector. The benefits received by the sector stood a testimony to the above statement.
In the later stage, we have started realizing that there are other industry sectors, which are getting deprived of the benefits of an effective ERP solution. This was due to unavailability of an affordable ERP system to match their needs or lack of an ERP system which could offer a suitable solution to their industry standard.eresource ERP overcame this limitation and offered a solution suited for all industries and sectors. Another encouraging fact is that the solutions offered equal benefits to the other sectors as well.
ERP was a complex application when it comes to the question of handling functions. Many of the ERP packages available in the market were more prone to serving individual functions. Even though some of them served multiple functions they did not always cater to different functions from different category. But it was not the case with eresource ERP. It could not only integrate different functions from different departments but also different function from different industries.
There was time when an ERP solution was an exclusive internal solution of an organization and many people in the organization were not aware of the existence of a technology under their nose or they have lacked the information about functioning. With the advent of Web-based eresource ERP everyone in this organization started realizing the functionalities of an ERP solution also its benefits.
Initially, during its launch period, eresource ERP was mainly associated with manufacturing sector and all its developments were focused on in this industry. Majority of the manufacturing segments have relied on eresource for their logistic, supply chain and ware house ERP solution. eresource ERP has made its stamp on this sector and till today we have succeeded in keeping our superiority in this sector. The benefits received by the sector stood a testimony to the above statement.
In the later stage, we have started realizing that there are other industry sectors, which are getting deprived of the benefits of an effective ERP solution. This was due to unavailability of an affordable ERP system to match their needs or lack of an ERP system which could offer a suitable solution to their industry standard.eresource ERP overcame this limitation and offered a solution suited for all industries and sectors. Another encouraging fact is that the solutions offered equal benefits to the other sectors as well.
ERP was a complex application when it comes to the question of handling functions. Many of the ERP packages available in the market were more prone to serving individual functions. Even though some of them served multiple functions they did not always cater to different functions from different category. But it was not the case with eresource ERP. It could not only integrate different functions from different departments but also different function from different industries.
There was time when an ERP solution was an exclusive internal solution of an organization and many people in the organization were not aware of the existence of a technology under their nose or they have lacked the information about functioning. With the advent of Web-based eresource ERP everyone in this organization started realizing the functionalities of an ERP solution also its benefits.
Consider ERP implementation as investment
TODAY companies are looking for an ERP system that can be capable of administrating every aspect of their business integrally. Many of them have been seeking new technological tools that can replace their legacy system and provide more efficient solution to manage their business successfully.
Companies are finding eresource ERP system as a best suitable ERP solution for their organizations. The reason why these companies choose eresource ERP system is that the decision makers know which system can fit better with their requirements. It has been observed that many companies avoid choosing an ERP system that is too sophisticated for the regular activities of an organization. And they choose a very simple system that will not satisfy their needs, making they lose money through too many updates.
The time taken for implementation is an important when you consider the success factors of an ERP system. eresource has completed all its implementation on dot which in turn has helped all the organizations in a big way. Guaranteed On-Time Implementation being one of the prime objectives of eresource project team. Organizations are bound to benefit a lot from this strategy. Organizations must consider eresource ERP implementation as an investment and the benefits will be visible soon.
A very important factor about web-based eresource ERP is that it could increase the availability of the information, helping companies to have information in real time to make decision making easier. It is also to be remembered that eresource ERP system is a very powerful tool when it comes to processing and organizing financial data. This system could improve the development of the commercial activity in the short and long term.
eresource ERP provides authority of getting all the information about the organization to all the users. No constraint like confidentiality, hierarchy, or authority exists. Hence the right of information seeking is never questioned. Every employee is motivated to browse, analyze and comment on the performance of the organization through this ERP system. Thus use of eresource ERP system will make an employee much more matured and accountable with resource of the organization.
Our ERP system empowers the organization and its users and then further helps them take accurate and cost effective decisions in their daily transactions and planning. The best practice of ERP here could be to share all the information of the organization to the entire set of users without any obstacles to facilitate both productive and best mixes of planning decisions.
A strong finance module must for a healthy business process
WHEN a company decides to implement an ERP system, what they are primarily looking for is the improvement in the management of their financial section. But a hurriedly taken decision about ERP implementation can bring the negative impact. Therefore selection of a suitable ERP system is most important as it must not only suite your business process but also your financial management.
By now everyone knows that the continuous changes in the global business environment, efficiency and effective in the management of companies cannot be compromised. For efficiency and effectiveness in the business operation the management must create path for bi-directional relationship of the different areas and processes of the company. Nowadays team work becomes an essential part for a successful business, which includes the planning and administrative functions of all the corporate areas.
The use of eresource ERP in the Financial Department is a best way to manage the account records updated in a reliable and effective way. The General Accounting, the centre of the financial activities of the system, helps to capture and integrate the transactions made inside the module, allowing you to see the influence in financial terms over the enterprise as a joint system.
Whatever the financial goals of your organization may be, the financial application components of eresource ERP solution work hand-in-hand to improve the bottom-line. This is true because the financial functionality is tightly integrated across all business areas and all geographic areas.
This tight integration includes all the other different modules, from materials management to human resource to logistics. Because eresource ERP system automatically links related areas, it eliminates the need to repeat procedures. You enter your data only once. Within the eresource ERP system all areas work in coordination, creating a new level of efficiency in handling your financial data.
All the audits include information details such as who made an entry and when, as well as who created and modified the last time, is recorded in our ERP system in order to maintain a proper order in an organized manner. The display can also be made simpler by opting for filtering the details by date entry.
WHEN a company decides to implement an ERP system, what they are primarily looking for is the improvement in the management of their financial section. But a hurriedly taken decision about ERP implementation can bring the negative impact. Therefore selection of a suitable ERP system is most important as it must not only suite your business process but also your financial management.
By now everyone knows that the continuous changes in the global business environment, efficiency and effective in the management of companies cannot be compromised. For efficiency and effectiveness in the business operation the management must create path for bi-directional relationship of the different areas and processes of the company. Nowadays team work becomes an essential part for a successful business, which includes the planning and administrative functions of all the corporate areas.
The use of eresource ERP in the Financial Department is a best way to manage the account records updated in a reliable and effective way. The General Accounting, the centre of the financial activities of the system, helps to capture and integrate the transactions made inside the module, allowing you to see the influence in financial terms over the enterprise as a joint system.
Whatever the financial goals of your organization may be, the financial application components of eresource ERP solution work hand-in-hand to improve the bottom-line. This is true because the financial functionality is tightly integrated across all business areas and all geographic areas.
This tight integration includes all the other different modules, from materials management to human resource to logistics. Because eresource ERP system automatically links related areas, it eliminates the need to repeat procedures. You enter your data only once. Within the eresource ERP system all areas work in coordination, creating a new level of efficiency in handling your financial data.
All the audits include information details such as who made an entry and when, as well as who created and modified the last time, is recorded in our ERP system in order to maintain a proper order in an organized manner. The display can also be made simpler by opting for filtering the details by date entry.
for more information check this link : http://www.eresourceerp.com/strong-financial-module-must-for-a-healthy-business-process.html
benefits of supply chain
SCM can facilitate you remodel a standard linear offer chain into associate degree adaptational network with the subsequent edges.
With the increased visibility into the offer chain and adaptational offer chain network, you can be a lot of responsive. You can sense and respond quickly to changes and quickly make the most new opportunities.
By offering a common info framework that supports communication and collaboration, SCM enables you to higher adapt to and meet client demands.
You can track and monitor compliance in areas as atmosphere, health and safety.
Information transparency and period business intelligence will lead to shorter cash-to-cash cycle times. Reduced inventory levels and increased inventory turns across the network will lower overall prices.
With SCM, you can lower operational expenses with timelier coming up with for procural, manufacturing and transportation. Better order, product and execution tracking will lead to enhancements in performance and quality - and lower prices. You can conjointly improve margins through higher coordination with business partners.
Tight connection with commerce partners keep your offer chain aligned with current business ways and priorities, improving your organization's overall performance and action of goals
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info@eresourceerp.com
Middle East
UAE
eresource Middle East FZE
P.O Box: 513071,
Sharjah,
United Arab Emirates
Contact Person: Sudheer Soman Nair, CEO
Mob: 00 97155 9018499
email: sudheer.nair@eresourceinfotech.com
UAE
eresource Middle East FZE
P.O Box: 513071,
Sharjah,
United Arab Emirates
Contact Person: Sudheer Soman Nair, CEO
Mob: 00 97155 9018499
email: sudheer.nair@eresourceinfotech.com
Thursday, May 26, 2016
Numerous companies, all over the world, are making use of innovative software related to their business to boost their final output. The ERP for Construction helps in managing and organizing contracts between subcontractors, partners, vendors, customers and employees. ERP for Construction is built in with all the necessary features that are extremely helpful for construction companies
Numerous companies, all over the world, are making use of innovative software related to their business to boost their final output. The ERP for Construction helps in managing and organizing contracts between subcontractors,partners, vendors, customers and employees. ERP for Construction is built in with all the necessary features that are extremely helpful for construction companies.
Around a decade ago the construction field faced the problem of the recession and sudden drop in demand, the reason being the high cost of construction material. Due to the high cost of construction materials,people in the process of constructing their Projects, either postponed their construction plans or permanently dropped the idea. Many Construction companies had to reduce their profits to stay competitive and for that they had to cut their manpower and other costs.
Construction ERP designed by eresource Nfra resolves this problem of shortage of manpower, and also the tedious process of lengthy calculations.
eresource ERP for Construction is a leading construction management software widely adopted by the construction industry. The product enables medium to large construction companies manage all aspects of construction management including Project Management & Control, Budgeting,Stores, Billing,On site management,estimation,purchase, CRM etc. For details:http://goo.gl/wn3ypY
eresource, the ultimate ERP system for small businesses
The Enterprise Resource Planning solution is affecting business activities in a big manner. Today all major and small organizations are rightly thinking of enhancing their operational methods with ERP system. But the important factor why many small business houses are hesitant to implement this marvelous technology is due to high cost involved in it.
What we are trying to emphasis these organizations are that you need not worry about the big fund required to invest in an ERP infrastructure and other elements such as software right and implementation expenses. With web-based ERP solution you will be opting for the hosted software model which will be software-as-a-service-model.
Going for this option you will be hosting your software on server provided by eresource in our place and we will ensure that you will be able to use the software over the Internet. You will able to access any information related to your business from anywhere at any time using a net connection. Understanding the requirement of small businesses we have designed our solution to suit your needs and budget.
Here we give you a brief description about how your business can benefit with the usage of eresource ERP.
Cost-effective: With the manual operations most of your business tasks are getting duplicated and your business is becoming an expensive affair. Once eresource ERP solution is in place, duplication is eliminated. Work becomes faster, and information stored in a central place can be made available to the departments which need it.
Centralized controls system: With all the branches/departments/sections using eresource system, it is possible to have tight controls on each process. The systems make users accountable for their delays and take decisions in time to avert cost escalations or schedule delays.
Quality control: eresource ERP facilitates you to have quality check level for every process and holds people responsible for it in a transparent manner. This improves your product quality.
Wastage control: Our system helps you identify areas which lead to wastage of raw material and labour. You can then take steps to reduce the wastage and bring the project under control.
Facilitates management decisions and control: eresource ERP system provides easy and better access to information and data which helps the management get up-to-the-minute information. This facilitates the decision making and brings in better management control across the organization.
'Real-time' inventory system in eresource ERP is 'real'
When we talk of real-time inventory system, there may be some eyebrows raised and questions asked about the existence of a 'real' real-time inventory system in ERP. But without any hesitation we can assure our customers that eresource ERP is a genuine manufacturing ERP system with a 'real' real-time inventory module.
eresource ERP system has been developed with all the needs of a process manufacturing unit in mind. In a process manufacturing organization receiving raw material "just-in-time' is an important factor. Profit of the product also depends on being able to sell them immediately with certainty as to the cost of what has been produced, based on the cost of materials consumed and the added-value of the manufacturing process.
What is the most important matter concerning an efficient ERP system is managing the cost. Managing costs is a critical requirement of ERP implementations, and delaying cost adjustments disables that needed benefit. Eresource ERP provides its customers with a efficient way of managing the costs through its system.
In today's business environment, Real-Time Inventory has been termed as a very important requirement. However, unlike eresource ERP, all the ERP systems are not capable of doing this work efficiently. For any manufacturer, inventory is placed on-hand both via purchase and via manufacture. The working method for inventory also differs depends on varies manufacturing industries. For example the discrete manufacturer making large runs to stock has ample time to record all costs after the production run completes, and before delivery where as the process manufacturer like Food and Beverage industry is usually making to order for same day delivery.
The real-time inventory can become only real when it includes the updating of costs as well as quantities. Eresource ERP has been doing this for years that continually evolve to meet the most discerning requirements of the modern industry.
eresource's web-based ERP system scores in many ways. In eresource ERP, any Inventory item, or Item type, can have its valuation method set independently. Irrespective of the valuation method set for an item, eresource maintains all the values for all valuation methods for every item. When all valuation methods are maintained for all items, it is possible to change the valuation method for any item if required, and eresource will automatically calculate and post the adjusting journal to the Inventory Control Account in the General Ledger. If the Standard Cost is changed, eresource will post that valuation change also to the General Ledger.
eresource ERP, has the ability to automatically update data between related process and functions. The beauty of eresource ERP system is that information updating happens instantaneously. So you get up-to-the-minute information at your fingertips through our effective web-based ERP system.
The data entered in the eresource ERP system instantly can be viewed by all the users on-line and in real-time. All the members of the organization have access to the same information for planning and control purposes. This can facilitate more consistent planning and control, in contrast to many other ERP systems.
ERP Market Growth In India
What is the reason for ERP market growth in India?
ERP market in India steadily growing for the last few years and the main reason for this enormous growth can be attributed to the inability of order system to manage the conversion to year 2000. There are also other factors such as industry best practices, easy and faster implementation and good cost predictions.
India is expected to present ERP suppliers an important marketplace as manufacturing companies are significantly investing in technology solutions to improve their manufacturing operations.
According to observation made by some experts in the field, the ERP market started showing solid organic growth since 2004 as IT spending improved.
The Indian ERP market experienced CAGR (compounded annual growth rate) of 25.2 during the period of 2004-2009. The market was $83 million in 2004, and is projected to be over $250 million in 2009, according to a research report.
The report further clarifies that manufacturers in India are increasingly implementing ERP solutions to ensure that decision makers have the required information visibility across the value chain.
Majority of Indian manufacturers are small by global standards, requiring easy-to-use ERP solutions to meet their specific process requirements, including localisation needs to address the continually evolving tax and statutory requirements. Small and medium enterprises across industry verticals and micro verticals, such as automotive, pharmaceuticals, and textiles, are leveraging ERP solutions to gain sustainable competitive advantages.
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MUMBAI
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra Tel: +91 22 41118000 / 8049 (50 lines), +91 22 25828775
UAE
eresource Middle East FZE,P.O Box: 513071,
Sharjah, United Arab Emirates, Contact Person: Sudheer Soman Nair, CEO,Mob:00 97155 9018499
email: sudheer.nair@eresourceinfotech.com
OMAN
eresource,P.O BOX No 1046, PC-130, CPO, Al-Azaiba, Muscat, Oman Tel + 968 2 459 7226/7/8
Mob: + 968 90157499
www.eresourceerp.com
WHAT IS ERP IMPLEMENTATION LIFE CYCLE?
WHAT IS ERP IMPLEMENTATION LIFE CYCLE?
THE process of ERP implementation is referred as d as "ERP Implementation Life Cycle". The following are the steps involved in completing the lifecycle.
Shortlist on the basis of observation
Assessing the chosen packages
Preparing for the venture
Gap Analysis
Business process reengineering
Designing the System
In-house Guidance
Checking
Preparing the employees to use ERP
Post Implementation process
Rectifying errors in ERP implementation
MUMBAI
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra Tel: +91 22 41118000 / 8049 (50 lines), +91 22 25828775
UAE
eresource Middle East FZE,P.O Box: 513071,
Sharjah, United Arab Emirates, Contact Person: Sudheer Soman Nair, CEO,Mob:00 97155 9018499
email: sudheer.nair@eresourceinfotech.com
OMAN
eresource,P.O BOX No 1046, PC-130, CPO, Al-Azaiba, Muscat, Oman Tel + 968 2 459 7226/7/8
Mob: + 968 90157499
eresource ERP
Growing as a leading enterprise solution company, eresource ERP, provides end-to-end solutions that leverage technology-enabling customers to grow their business.
If awards are to be counted for proof of excellence and superiority, over the years Eresource has been pocketed many prestigious industrial awards. Eresource Infotech is the only ERP organization in Bharat, which has been awarded the Udyog Rattan Award on with Business Excellence Award for the year 2008. It was followed by the Business Leadership Award conferred by Institute of business Development, New Delhi.
At a time when the world sector normally and IT sector particularly ar reeling beneath tremendous money crunch because of economic recession, it is our dedicated commitment to meet our customers' unhindered growth makes United States of America the foremost reliable ERP resolution suppliers within the country.
We dedicate our success to our well trained and full-fledged professionals comprising software package project managers, project leaders, ERP consultants, ERP implementers, Chartered Accountants and management graduates, apart from our valued customers.
MUMBAI
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra Tel: +91 22 41118000 / 8049 (50 lines), +91 22 25828775
UAEeresource Middle East FZE,P.O Box: 513071, Sharjah, United Arab Emirates ,Contact Person: Sudheer Soman Nair, CEO,Mob: 00 97155 9018499 eresource Middle East FZE,P.O Box: 513071, Sharjah, United Arab Emiratesemail: sudheer.nair@eresourceinfotech.com
OMANeresource,P.O BOX No 1046, PC-130, CPO,Al-Azaiba, Muscat, OmanTel + 968 2 459 7226/7/8 Mob: + 968 90157499 Contact Mr. Sudheer Nair / Mr. R. Rameshemail: sudheer.nair@eresourceinfotech.com
www.eresourceerp.com
Growing as a leading enterprise solution company, eresource ERP, provides end-to-end solutions that leverage technology-enabling customers to grow their business.
If awards are to be counted for proof of excellence and superiority, over the years Eresource has been pocketed many prestigious industrial awards. Eresource Infotech is the only ERP organization in Bharat, which has been awarded the Udyog Rattan Award on with Business Excellence Award for the year 2008. It was followed by the Business Leadership Award conferred by Institute of business Development, New Delhi.
At a time when the world sector normally and IT sector particularly ar reeling beneath tremendous money crunch because of economic recession, it is our dedicated commitment to meet our customers' unhindered growth makes United States of America the foremost reliable ERP resolution suppliers within the country.
We dedicate our success to our well trained and full-fledged professionals comprising software package project managers, project leaders, ERP consultants, ERP implementers, Chartered Accountants and management graduates, apart from our valued customers.
MUMBAI
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra Tel: +91 22 41118000 / 8049 (50 lines), +91 22 25828775
UAEeresource Middle East FZE,P.O Box: 513071, Sharjah, United Arab Emirates ,Contact Person: Sudheer Soman Nair, CEO,Mob: 00 97155 9018499 eresource Middle East FZE,P.O Box: 513071, Sharjah, United Arab Emiratesemail: sudheer.nair@eresourceinfotech.com
OMANeresource,P.O BOX No 1046, PC-130, CPO,Al-Azaiba, Muscat, OmanTel + 968 2 459 7226/7/8 Mob: + 968 90157499 Contact Mr. Sudheer Nair / Mr. R. Rameshemail: sudheer.nair@eresourceinfotech.com
www.eresourceerp.com
Connection between ERP and ebusiness
CONNECTION BETWEEN ERP AND E BUSINESS
E-business stands for 'electronic business', which involves communications and doing business electronically through the web. E-business is defined as the use of electronically enabled communication networks that enable business enterprises to transmit and receive info.
It can considerably improve business performance by strengthening the linkages in the worth chain between businesses (B2B) and shoppers (B2C). Besides increasing efficiency in merchandising, marketing and getting, e-Business achieves effectiveness through improved customer service, reduced costs and efficient business processes. Furthermore, e-Business creates a strategic, customer-focused business environment for shared business enhancements, mutual benefits and joint rewards.
Companies use the web to implement client relationship management (CRM) and provide chain management (SCM) capabilities, which enabled them to link their operations seamlessly with customers and suppliers.
For example, a beverage manufacturer with four-hundredth growth and Rs. 700 crore in annual sales revenue sells its product through a hundred and fifty distributors nationwide as well as general stores and cafes within the country. By using ERP system and e-Business platform, the salespersons can track sales and promotions through the web and square measure provided help and suggestions to reinforce their performance. The sales persons and distributors have access to commission reports and they can track and change sales orders. Through consolidating its financial, compensation, sales and depletion data into a single report, the organization prevents out-of-stock and partial shipments. The increased would like for a lot of labour force to handle client service problems in the past was additionally eradicated by group action ERP system with e-Business
MUMBAI
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra Tel: +91 22 41118000 / 8049 (50 lines), +91 22 25828775
UAE
eresource Middle East FZE,P.O Box: 513071, Sharjah, United Arab Emirates ,Contact Person: Sudheer Soman Nair, CEO,
Mob: 00 97155 9018499 eresource Middle East FZE,P.O Box: 513071, Sharjah, United Arab Emirates
email: sudheer.nair@eresourceinfotech.com
OMAN
eresource,P.O BOX No 1046, PC-130, CPO,Al-Azaiba, Muscat, Oman
Tel + 968 2 459 7226/7/8 Mob: + 968 90157499 Contact Mr. Sudheer Nair / Mr. R. Ramesh
email: sudheer.nair@eresourceinfotech.com
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