Showing posts with label business intelligence. Show all posts
Showing posts with label business intelligence. Show all posts

Monday, June 13, 2016

ERP Implementation Methodology Part II



ERP Implementation Methodology Part II

Why, when and how?

Of many reasons to implement an ERP solution, the chief reason is the need for a common IT platform. Other reasons include a desire for process improvement, data visibility, operating cost reductions, increased responsiveness to customers and improvement in strategic decision-making.

ERP is certainly action as an impetus for the replacement for a mix of aging legacy system with a common platform. This reputation of legacy system with a common platform had become imperative for a number of reasons. Mainly because mix of aging legacy systems had led to high cost support, and the firms expected business benefits such as process improvements and data visibility to result in cost reductions.

Implementation methodology

Assuming a decision on an ERP has been taken, the implementation normally consists of five stages:


Design
Implementation
Stabilization
Continuous improvement
Transformation

The structured implementation programme can speed system deployment and return on investment. This can be done in the following manner:


Conducting an effective gap assessment
Business and technical processes
Organizational measures
Data conversion and data clean-up
Agreeing on the implementation boundaries
Project sponsorship and governance The implementation strategy is ultimately built on a foundation of people, processes and product

Web site : www.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


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
e-mail (Sales): sales@eresourceerp.com


Sunday, June 12, 2016

Is classroom study key to successful ERP implementation?


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.

Web site : www.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

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
e-mail (Sales): sales@eresourceerp.com



















































































































































What makes eresource's web-based ERP solution different from other ERP software?


What makes eresource's web-based ERP solution different from other ERP software?


Eresource's web based ERP solution that combines all business operations into a unified database system, in real time and online, including sales, service, operations and finance.

Eresource ERP system gives regular instructions to staff from any part of the world and also gets reports from them from any part of the world. Staff will be able to interact with other staff and keep record of their work sharing and reporting - to speed up jobs. Allow customers login and know the status of their job and send communications about orders.

Eresource ERP Solution helps you in automating the enterprise and speeds up transactions across the organization. Eresource ERP is the leading web-based ERP solution provider in India.

Web site : www.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

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
e-mail (Sales): sales@eresourceerp.com

Monday, June 6, 2016

ERP system can help companies minimize manufacturing cost

Over the years, eresource has become an acceptable ERP solution in Indian manufacturing sector, especially in the SMB segment. Eresource has been concentrating more on this sector because manufacturing sector goes far beyond the direct contribution to national product and employment. Manufacturing is a global business underpinning all economic activity.
There is no need to emphasis the fact that the manufacturing sector is crucial for employment generation and development of an economy of a country. In coming years, India is expected to witness significant demographic growth and a disproportionate expansion in the working age population. To absorb much of this labour force, the manufacturing sector would need to play an important role, especially in technology front. Currently, the sector accounts for 12 per cent of the total employment in the country, well below its true potential. Currently, the manufacturing sector accounts for less that 20 per cent of the total employment in the country, well below its true potential.
Therefore, being the lifeline of the country, it is imperative that manufacturing sector must be equipped with technologically advanced operating system that will help boost employees' confidence and improve overall working method.
In this scenario, upgrading of technology support becomes necessary in all manufacturing organization and an ERP system that can help to minimize manufacturing cost and increase of resource utilization is the need of the hour. To grow and compete in the vast manufacturing sector, small and medium-sized manufacturing units must cut down their production bottlenecks and must improve their delivery performance.
To make their operation further easy, manufacturing companies must have a transparent method of operational mode between each department and branches. eresource ERP is a comprehensive enterprise resource Planning system that has been developed with best-practice support for multi-mode manufacturers in a broad range of Industries.
As the competition in the manufacturing sector world-wide getting more aggressive by each passing day, the SMB segment must concentrate more on improving their overall working system, with integrating more advanced resource planning application. We have many reason to recommend eresource ERP for Indian manufacturers. eresource ERP is designed for manufacturing excellence, with visibility throughout the operation and embedded support for a wide variety of manufacturing processes - including make-to-stock, make-to-order, configure-to-order, engineer-to-order , just-in-time (JIT) manufacturing and materials control, and lean operations.
Eresource ERP for manufacturing is consists of many useful modules such as Sales & Distribution Management, Purchase Management, Manufacturing, Planning & Control, Total Quality Management Inventory Management, Plant Maintenance, Excise Management, Human Resource Management, Finance Resource Management.
We have more information on eresource that can be shared with you. Let us meet and discuss how this system can improve your companies' growth rate. Call us today for a meeting.
 http://www.eresourceerp.com 

Contact Us 
REGISTERED OFFICE
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
e-mail (Sales): sales@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

Enhanced ERP system from eresource helping Life Sciences

Technology savvy business leaders from the Life Science field are adopting new technologies that directly align and support their more nimble business strategies. They are leveraging cloud solutions to gain greater business agility, faster deployments and predictable investments. Life Science industry today largely viewing the development happening in the technology field with hope and optimism especially the mission critical business systems such as enterprise resource planning (ERP), which has been intelligently integrated with supply chain management (SCM) and customer relationship management (CRM) applications. Majority of companies from this field are opting for deployment in the cloud technology. By deploying these technological advancement Life Sciences industry can become more flexible in their business operations.
Effort to eliminate waste and non-value added expenditures from the production process that doesn't create value is becoming a futile exercise.. However, introduction of able and effective ERP system has fully enabled this production practice adhere a strict monitoring. This technology enablement is now being adopted by most of the organizations in this field in a big way.
More enhanced manufacturing ERP systems like eresource have helped these companies with its project accounting and cost accounting modules thanks to deep integration with both finance (receivables, payables, ledger) and core manufacturing processes (master planning, shop floor control, WMS, etc.) to identify waste and thereby preserve value with less work.
Developing a system that suits Life Science manufacturing companies was a great task that eresource has done successfully . The continued morphing of manufacturing systems and supply chain management systems into single solutions has paid off well. . These kind of innovative integrations in our system has made best-of-breed business applications are being replaced by our innovative integrated business suite solutions.
This was due to the fact that manufacturers are increasingly turning to the supply chain to reduce cycle times, lower inventory (and related working capital), accelerate customer fulfillment and decrease distribution costs. Eresource ERP business application is enabling these strategic goals come true.. These include such things as leveraging customer segmentation for improved demand planning, integrating multiple supply chain strategies for more accurate forecasting, and simulating buying patterns.
Normally manufacturing companies do not use the CRM very effectively. They have a reputation of using CRM systems for the bare minimum. However, in medical fields where patients are now more connected with others in the same boat, are more informed and have more options than ever before, companies must rethink their CRM strategy, processes and software.
Today patients are more updated about medicine and other medical related matters, thanks to the more accessible information facilities. They are more active in determining what medical equipment, surgical instruments and surgical appliances they believe are right for them. They are sharing their findings with other patients and entire online communities in social networks and internet forums. To meet these patients where they congregate, Keeping this in mind, the latest CRM modules have developed to include 'social CRM' tools that leverage social listening and collaboration apps to identify and engage with patients where they digitally congregate.
Unlike in other industries, people in the Life Science field have to depend heavily on technology advancement. Therefore it is important to know for the people who are connected with the field the technology trend and act instantly without losing much time to be a competent field.. For that what they need is an tool that will give them full support and confidence in their working process. Eresource ERP has been developed keeping all these facts in mind and the system is fully capable of empowering people in the field to make better business decision and by that way the company that they serve will able to improve its business performance.


http://www.eresourceerp.com 

Contact Us 
REGISTERED OFFICE
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
e-mail (Sales): sales@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










Intelligently integrated Business Intelligence makes eresource an intelligent ERP

Intelligently integrated Business Intelligence makes eresource an intelligent ERP

Enormous amount of data is one of the major issues that many companies are struggling to handle today. This is because many of these companies are 'oversoftwared' presently, and unless they come out of this tangled situation by implementing an enterprise solution that could handle data intelligently with an efficiently integrated with BI (business intelligence) module, they are going to be backtracked in their effort to revive their business strategies.
With an intelligently integrated BI module with your enterprise solution, decision making becomes an easy exercise. Experience of decision making executes from the companies where eresource ERP has been implemented can be a suitable example for this.
Lack of an effective ERP solution with a ably supporting BI module has made business operations virtually impossible for many companies and forced them to cut costs and ultimately doing 'more for less'. However, step in by eresource with a solution that could find answer to all their business concerns, re-railed their business activities into the right track.
These change has been taken place because with the integration of BI tools. enterprise solution of these of companies have reached a level of maturity which can elevate executives from the depth of the details, bringing them to a higher operating level where they can add strategic value to the organization The ability to provide better decision support with integrated enterprise data is an important factor in turning data into actionable intelligence.
Some organizations are still not clear about how to go about with an ERP with BI. It will be a big mistake from the company if they treat ERP and BI as two separate projects. Companies must implement an ERP that has been integrated with BI module. It helps the company in two ways, economically and technically. BI module in ERP when integrated works hand in glove like the solution can transform data into information but BI tools are required to complete the transformation from information to intelligence.


http://www.eresourceerp.com 


Contact Us
REGISTERED OFFICE

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
e-mail (Sales): sales@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

Intelligently integrated Business Intelligence makes eresource an intelligent ERP

         Intelligently integrated Business Intelligence makes eresource an                  intelligent ERP

Enormous amount of data is one of the major issues that many companies are struggling to handle today. This is because many of these companies are 'oversoftwared' presently, and unless they come out of this tangled situation by implementing an enterprise solution that could handle data intelligently with an efficiently integrated with BI (business intelligence) module, they are going to be backtracked in their effort to revive their business strategies.
With an intelligently integrated BI module with your enterprise solution, decision making becomes an easy exercise. Experience of decision making executes from the companies where eresource ERP has been implemented can be a suitable example for this.
Lack of an effective ERP solution with a ably supporting BI module has made business operations virtually impossible for many companies and forced them to cut costs and ultimately doing 'more for less'. However, step in by eresource with a solution that could find answer to all their business concerns, re-railed their business activities into the right track.
These change has been taken place because with the integration of BI tools. enterprise solution of these of companies have reached a level of maturity which can elevate executives from the depth of the details, bringing them to a higher operating level where they can add strategic value to the organization The ability to provide better decision support with integrated enterprise data is an important factor in turning data into actionable intelligence.
Some organizations are still not clear about how to go about with an ERP with BI. It will be a big mistake from the company if they treat ERP and BI as two separate projects. Companies must implement an ERP that has been integrated with BI module. It helps the company in two ways, economically and technically. BI module in ERP when integrated works hand in glove like the solution can transform data into information but BI tools are required to complete the transformation from information to intelligence.

http://www.eresourceerp.com 


Contact Us
REGISTERED OFFICE

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
e-mail (Sales): sales@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




 

Friday, June 3, 2016

Indian ERP for SMEs

If we go by tradition, we see that organizations the world over are divided into the following:
  1. Small Enterprises
  2. Medium Enterprises
  3. Large Scale or Multinational Enterprises
Implementing an ERP for SME would be done either for all the departments or for only very specific departments. Thus, we can say that these organizations would implement an ERP depending on its size and the number of departments that are there in the organization. A large organization can afford to implement an ERP in its entirety only because it would have the money power to do so. However, this would be a dicey situation if we consider any small or medium-sized enterprise. Implementing an ERP for SME would have to be based on a number of factors:
  1. The number of departments in the organization
  2. The cost-effectiveness of the implementation
  3. Whether the investment in ERP would yield a profitable return
The last factor mentioned above is of paramount importance as far as any small or medium scale organization is concerned. A lot of small scale enterprises play the waiting game. What they do is that instead of implementing the ERP in its entirety in the beginning itself, they would implement it for departments where it is felt that the implementation of an ERP is felt to be an absolute necessity.
Once the enterprise makes a profit and starts to grow, then the ERP can be gradually extended to other departments as well, finally reaching the climactic point where the ERP has been installed in the entire enterprise. Thus, we can say that implementing an ERP for SME is done in stages.
The moot point to be considered here is,"Would an ERP for SME be beneficial in the long run?" The answer here would have to be a "Yes". This is based on a simple and logical assumption that any entrepreneur who sets up an enterprise does it with only one thing in mind, that the enterprise starts growing, makes a decent amount in the initial stages and yields a return on his investment, and finally when the enterprise has really taken off, starts yielding a surplus. i.e. starts yielding a profit for the initial amount invested.
Now, investing in an ERP for SME would only serve to augment this fact, as an ERP would not only save a lot time by integrating all the departments together, but the departments would be able to function effectively and smoothly if they function together in a co-ordinated manner, rather than in an individual fashion, Also, a sense of purpose becomes apparent when there is a collective responsibility shared between various departments, which is exactly what an ERP strives to do.



Wednesday, June 1, 2016

What is the connection between ERP and e-business?


What is the connection between ERP and e-business?

E-business stands for 'electronic business', which involves communications and doing business electronically through the Internet. E-business is defined as the use of electronically enabled communication networks that allow business enterprises to transmit and receive information.
It can significantly improve business performance by strengthening the linkages in the value chain between businesses (B2B) and consumers (B2C). Besides increasing efficiency in selling, marketing and purchasing, e-Business achieves effectiveness through improved customer service, reduced costs and streamlined business processes. Furthermore, e-Business creates a strategic, customer-focused business environment for shared business improvements, mutual benefits and joint rewards.
Companies use the Internet to implement customer relationship management (CRM) and supply chain management (SCM) capabilities, which enabled them to link their operations seamlessly with customers and suppliers.
For example, a beverage manufacturer with 40% growth and Rs. 700 crore in annual sales revenue sells its products through 150 distributors nationwide as well as general stores and cafes in the country. By using ERP system and e-Business platform, the salespersons can track sales and promotions through the Internet and are provided assistance and suggestions to enhance their performance. The sales persons and distributors have access to commission reports and they can track and adjust 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 need for more labour force to handle customer service issues in the past was also eradicated by integrating ERP system with e-Business.
For more information kindly visit: http://www.eresourceerp.com/connection-between-ERP-and-e-business.html
Contact us at:
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)
e-mail (Sales): sales@eresourceerp.com,
Web site: www.eresourceerp.com | http://nfra.eresourceerp.com/


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.

Thursday, May 26, 2016

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.