Showing posts with label Benefits of ERP. Show all posts
Showing posts with label Benefits of ERP. Show all posts

Friday, May 27, 2016

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.


Monday, May 23, 2016

What are the tangible and intangible benefits of ERP system?

What are the tangible and intangible benefits of ERP system?

Tangible benefits are those measured in monetary terms and intangible benefits cannot be measured in monetary terms but they do have a very significant business impact.
Tangible benefits:
  • Improves the productivity of process and personnel
  • Lowering the cost of products and services purchased
  • Paper and postage cost reductions
  • Inventory reduction
  • Lead time reduction
  • Reduced stock obsolescence
  • Faster product / service look-up and ordering saving time and money
  • Automated ordering and payment, lowering payment processing and paper costs
Intangible benefits:
  • Increases organizational transparency and responsibility
  • Accurate and faster access to data for timely decisions
  • Can reach more vendors, producing more competitive bids ;
  • Improved customer response
  • Saves enormous time and effort in data entry ;
  • More controls thereby lowering the risk of mis-utilization of resources
  • Facilitates strategic planning
  • Uniform reporting according to global standards.

Sunday, May 8, 2016

Understanding data migration process

Understanding data migration process

Data migration is the process of moving required volume of data from existing systems to new systems. Existing systems can be anything from custom-built IT infrastructures to spreadsheets and standalone databases. Data migration encompasses all the necessary steps to cleanse, correct and move data into a new system. Technological changes, change in providers, software updates or data warehousing/data mining projects make such delicate and critical operations necessary. A good data migration should allow one to:

Reduce risk: Data being an organization's most critical business asset, it is essential that any manipulation be carried out without any disruption.

Lower operational expenses: Data migration is a one-off activity triggered by certain circumstances. The data migration tool or solution reinforces the organization's resources which can remain focused on its ongoing continuous core activities. Improve data quality: The cleansing and correction solutions ensure perfect data integrity after it has been migrated. From a user and development perspective, the migrated data results are completely optimized.

From a user perspective, the data migration solutions should make sure that a strategy is put in place to achieve maximum flexibility and quality.

for inquiry check this link : http://ow.ly/4nphYz

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

Saturday, May 7, 2016

Reasons for ERP system failure

Reasons for ERP system failure

ERP solutions are designed for a large audience of companies looking to achieve success by following a template of best business practices. However, the system often fails to achieve its promise because people who are supposed to be the main users of the systems reluctant to change their attitudes.

This leads to costly program modifications to replicate those processes. This, in turn, can result in unnecessary manual tasks and issues of software maintenance, which neutralize the original benefits of the software.

When making an ERP software selection, examine the processes encoded in the software. If you can agree to model your company's best practices based on those processes, you're choosing the right solution. If you can't, continue looking.

Once the ERP system is chosen, it's not uncommon for management to turn the project over to a subordinate to manage the implementation. The problem is that the subordinate, who is usually chosen from the end-user base or IT department, typically isn't given the authority to implement necessary business process changes.

Project management is a discipline, which requires the ability to delve into detail while keeping a perspective on the original business objectives. The project manager needs to have the ability to overcome impasses through a judicious combination of political guile and management direction.

The most successful ERP projects are led by a member of the management team who has actively participated in both the software selection and implementation efforts. When selecting your project manager, choose the one who has the most to gain from the ERP system.

for inquiry check this link : http://ow.ly/4nphYz

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

MRP software and MRP module of ERP

MRP software and MRP module of ERP

What is the difference between MRP software and MRP module of ERP

Material Requirement Planning, popularly known as MRP, was developed during 1960s. This was a proactive manner of inventory management. This technique fundamentally explodes the end product demand obtained from the 'Master Production Schedule' (MPS) for a specified product structure (which is taken from Bill of Material) into a detailed schedule of purchase order or production orders, taking into account the inventory on hand.

MRP is a simple logic but the magnitude of data involved in a realistic situation makes it computationally cumbersome. If undertaken manually, the entire process is highly time consuming. It therefore becomes essential to use a computer to carry out the exercise.

MRP successfully demonstrated its effectiveness in reduction of inventory; production and delivery lead times by improving coordination and avoiding delays, thus making commitment more realistic. MRP proved to be a very good technique for managing inventory, but it did not take into account of other resources of an organization. Due to this shortcoming a modified MRP logic, popularly known as 'closed loop MRP' has been developed. A new module called Capacity Requirement Planning (CRP) has been incorporated in this. This module manages the capacity of the organization to produce a particular product. A feedback loop is provided from the CRP module to MPS if there is not enough capacity available to produce.

Later the need was felt to integrate the financial resource with the manufacturing activities. From this evolved an integrated manufacturing management system called Manufacturing Resources Planning (MRP II).

Transition from MRP II to ERP happened some time later because the basic MRP II system design was suffering from a few inherent drawbacks such as limited focus to manufacturing activities, assumption of the mass or repetitive production set ups, and poor budgetary and costing controls.

The shortcomings o MRP-II and the need to integrate these new techniques, led to the development of a total integrated solution called Enterprise Resource Planning (ERP), which attempts to integrate the transactions of suppliers and customers with the manufacturing and service environment of the organization to produce the best possible plan. Today there are further development in the ERP concept and evolution of Web-enabled ERP

for inquiry check this link : http://ow.ly/4nphYz

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

Wednesday, April 27, 2016

common goals of ERP and TQM

common goals of ERP and TQM


Both Enterprise Resource Planning (ERP) and Total Quality Management (TQM) share similar goals -customer satisfaction, productivity improvement, increased competitiveness, waste reduction, effort duplication and so on. ERP system will help in achieving these goals when used in conjunction with TQM. 

Here ERP has the role of an enabler of the TQM principles and philosophies. ERP is also benefited by the implementation of TQM. Effective use of TQM creates better performing ERP systems. TQM brings problem solving techniques and continuous improvement opportunities for all ERP systems. The effective use of TQM helps companies obtain the maximum return on investment from expensive investments. 

Therefore, the organizations applying or targeting TQM in their businesses, ERP software has become an essential necessity.

TQM is a way of life for a company. It has to be introduced and led by top management. This is a key point. Attempts to implement TQM often fail because top management does not lead and get committed but just delegates and pays lip service. 

Commitment and personal involvement is required from top management in creating and deploying clear quality values and goals consistent with the objectives of the company and in creating and deploying well-defined systems, methods and performance measures for achieving those goals. 

These systems and methods guide all quality activities and encourage participation by all employees. The development and use of performance indicators is linked, directly or indirectly, to customer requirements and satisfaction, and to management and employee remuneration. 

For more information check this link : http://ow.ly/4n9xPR

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