The document discusses several topics related to ERP systems including post-implementation maintenance, emerging trends like cloud computing, SCM benefits like increased visibility and responsiveness, how CRM helps businesses know customers better and track the sales process, the importance of classroom study for successful ERP implementation, and why Indian ERP systems are well-suited for Indian industries due to local accounting practices and affordable costs.
This document provides an overview of general ledgers and their role in accounting. It discusses how general ledgers act as the central repository for financial transactions recorded in subledgers like accounts payable, accounts receivable, inventory, and fixed assets. General ledgers summarize transaction details from these subledgers and use the information to generate financial statements. Automated accounting packages and ERP systems make it easier to manage large volumes of transactions and provide timely financial reporting through their use of general ledgers and integrated subledgers.
Successful Implementation of ERP in a Large OrganizationTalib Imran
This document provides an overview of the successful implementation of an enterprise resource planning (ERP) system in a large organization. It first introduces ERP and its benefits, then outlines a 9-step implementation plan including conducting a feasibility study, forming a project team, selecting and customizing software, training employees, and going live. It stresses the importance of top management commitment, adapting to the software's best practices, selecting the right implementation team, and training. Finally, it concludes that a well-designed ERP system allows information sharing across the organization, resulting in cost savings and increased efficiency.
The document discusses the costs and risks of implementing an ERP system. It notes that ROI analysis has become important for justifying the significant investment required for an ERP implementation. While ROI models often only consider quantifiable benefits, a complete analysis also accounts for intangible benefits like new business opportunities and improved relationships. The document also outlines some of the key risks of an ERP implementation, noting that people issues tend to be the greatest risk factor for failure.
The document discusses various options for building enterprise resource planning (ERP) solutions, including developing a custom solution internally or externally, or purchasing a commercial off-the-shelf package. It provides details on the steps involved in each option such as selecting software, conducting a gap analysis, customizing or parameterizing the software, training users, and post-implementation support. Key factors for success include top management support, clear requirements, strict schedules, and user involvement.
ERP (Enterprise Resource Planning) software integrates various business functions and processes into a single system with a shared database. For ERP to be successful, it must provide client satisfaction through an overall solution fit, adequate training, and resolution of emergent issues. It should also provide return on investment through improved workflows, efficiency, and reduced costs. ERP fails when there is poor analysis, improperly configured software, insufficient training, lack of industry knowledge, or when projects bite off more than they can chew through large teams or inaccurate data. Key elements of success include proper analysis of business needs, benchmarking processes, documenting issues and designed solutions, and having a strong project team.
ERP stands for Enterprise Resource Planning. ERP software integrates various business functions like finance, human resources, supply chain etc. into a single system to allow sharing of information across the enterprise. The objective is to make the right information available to the right person at the right time. ERP systems are implemented through projects that involve various roles like project manager, functional consultant, technical consultant etc. using industry standard implementation methodologies.
The document discusses the key modules of an enterprise resource planning (ERP) system. It describes the main functions of common ERP modules like financial, human resources, production planning, purchasing, inventory, and sales. It also provides usage statistics for different ERP modules in the US and Sweden. Finally, it outlines the specific ERP modules needed for implementing such a system in the power utility sector, including billing, finance, meter data management, maintenance management, and human resources.
We have to learn ERP because in future if we get to develop an ERP module or work on it, then we must understand the business needs that it is trying to fulfill.
When we clearly understand the functioning of a department in an enterprise, then we will be able to develop a module to automate it.
We also need to understand the interaction between modules.
This document discusses process architecture and how to identify and scope processes. It defines different levels in a process hierarchy from high-level value chains to detailed tasks. Guidelines are provided for vertical decomposition based on business objects, resources, or modeling readability. Reference models can be used as templates to design process architectures. Processes should be prioritized based on importance, health, and feasibility for improvement. Pitfalls of identification include unclear purpose, too narrow or broad scope, and poor stakeholder involvement.
The document provides guidance on forecasting a company's profit and loss (P&L) statement. It discusses estimating each line item in the P&L, including sales, cost of goods sold, gross margin, operating expenses, depreciation, interest expenses, earnings before tax (EBT), and net profit. For each line item, it offers tips such as making sales growth an explicit parameter, using historical margins as a reference for gross margin, treating operating expenses as variable costs that grow with sales, and using previous year's depreciation and interest amounts as initial estimates. The document emphasizes that the first P&L forecast will likely be uncertain and advises following up with a balance sheet forecast and sensitivity tests.
Powerful ERP, inventory and financial management tools to streamline your business
Improving your understanding and relationship with your customers
Managing and integrating your company's operations across locations through ERP
Looking to keep your overheads low and IT infrastructure lean
The document discusses Enterprise Resource Planning (ERP) systems. It begins with an introduction to ERP, explaining that ERP systems integrate business functions and processes across an entire organization onto a single computer system in real-time. It then discusses key aspects of ERP including common business modules, implementation considerations, benefits and challenges. Examples of business modules included in ERP systems are finance, manufacturing, human resources and sales. The document emphasizes that for ERP implementations to succeed, organizational processes may need to be reengineered to align with the software.
This document provides an overview of enterprise resource planning (ERP) systems. It defines ERP as multi-module software that helps businesses manage important business processes like production, purchasing, inventory, customer service and order tracking in an integrated way. The document outlines the evolution of ERP from isolated systems in the 1960s to more integrated systems today. It also discusses key considerations for ERP selection and implementation like functionality, costs, vendor support and technology.
This chapter discusses how ERP systems can help solve accounting problems by integrating financial and managerial accounting data in real time. It describes the benefits of ERP systems for accounting activities like credit management, product cost analysis, financial reporting and management reporting. ERP systems ensure accurate and up-to-date accounting data is available across the organization for improved decision making.
This document provides an overview of enterprise resource planning (ERP) systems. It discusses key ERP modules like finance, human resources, supply chain management, and manufacturing. It also outlines advantages of ERP systems like end-to-end visibility, planning and reporting, and data security. Challenges of ERP implementation include finding the right software, gaining management commitment, and providing adequate training. Trends in ERP highlighted are more user-friendly interfaces, increased mobility, greater integration between systems, and demand for cloud-based solutions.
The document outlines the key phases in an ERP lifecycle implementation process. It begins with pre-evaluation and screening of potential ERP packages. Next, a package is selected and a project plan is created, followed by a gap analysis. Then processes are reengineered and the system is configured. Teams are trained and testing is conducted before going live. Post-implementation, end users are trained and the system is maintained. The lifecycle highlights the stages all organizations go through when implementing an integrated ERP system.
Enterprise resource planning (ERP) is business management software that allows an organization to use a system of integrated applications to manage the business.
1. ENGAGED executive sponsorship
2. EXPERIENCED implementation team
3. REALISTIC scope and expectations
4. COLLABORATION among implementation partners
5. DETAILED DEFINITION of business value
6. LEADERSHIP through organizational change
This document discusses the importance of employee engagement for customer engagement. Highly engaged employees are motivated, productive, and have an emotional connection to the organization's mission and goals. They love their job, are enthusiastic and committed. In contrast, disengaged employees dislike their job but do the minimum required, and actively sabotage engaged employees. The document recommends focusing on three pillars - discipline, neatness, and cleanliness - and working as a team with a purpose to build collaboration and constructive problem solving. This will turn disengaged employees into engaged ones and lead to satisfied, loyal customers who recommend the business.
SeaWorld celebrates 50 years in 2014 and offers a variety of attractions that allow guests to experience and learn about marine life. These include Antarctica: Empire of the Penguins which offers encounters with penguins, Wild Arctic which is home to beluga whales, walruses and polar bears, and Dolphin Nursery where guests can watch dolphin calves with their mothers. SeaWorld is also committed to animal rescue, having assisted over 22,000 animals over four decades in partnership with government agencies.
Seaworld celebrates 50 years in 2014 and offers a variety of attractions that allow guests to observe and interact with marine animals. Attractions include Antarctica: Empire of the Penguins where guests can see penguins up close, Wild Arctic to meet beluga whales, walruses and polar bears, and Dolphin Nursery to watch dolphin calves. Other attractions let guests get close to dolphins, sea lions, sharks, manta rays, and experience rollercoasters like Kraken and Manta. SeaWorld is also committed to rescuing marine animals for over four decades, assisting those that are orphaned, ill or injured.
Livepot Qatar. is an innovative and dynamic design consultancy established on three basic principles of people, passion and path breaking ideas. We believe that image is the foundation for success and we don’t substitute creativity for commonsense, but combine the two to ensure that we are responsive and realistic. Our strength lies in offering a strategic and creative partnership that helps brands to communicate, engage and grow. We love what we do, and design with two things in mind, one to satisfy our creative juices and two to achieve the highest possible results for our clients and their business
Main services are Printing, Signage, Branding, Photography, Embroidery & T shirt printing, Web & Graphics, Corporate Giveaways, Exbhitions & Interior
Livepot Qatar is an innovative design consultancy that offers various design and printing services including large format printing, signage, branding, photography, promotional clothing, web design, corporate giveaways, and exhibition and interior design. It was established based on principles of people, passion, and innovative ideas. The company aims to help brands communicate, engage and grow through strategic and creative partnerships.
This document summarizes the 2014 Brand Footprint Report, which ranks the 50 most chosen consumer brands globally. Some key findings include:
- Coca-Cola remains the #1 brand globally with 5.8 billion consumer reach points. Local brands are growing faster than global brands on average.
- Total consumer reach points for the top brands grew only 1.7% versus population growth, showing potential for brands to attract more shoppers.
- Four rules for brands to increase footprint are: focus on local strength; respond rapidly to trends; innovate to meet new needs; and create engaging conversations across channels.
- Brands that attracted the most new shoppers in the past year executed creative multi
The document discusses several topics related to enterprise resource planning (ERP) systems including:
1. Different strategies for ERP implementation such as big bang, phased, parallel, and hybrid approaches. The strategy chosen depends on balancing people, processes, and technology.
2. Critical success factors for successful ERP implementation including strong executive support, focused project management, minimal customization, user training and buy-in, thorough testing, and knowledge transfer.
3. Common causes of ERP implementation failures such as poor project management, customization over-reliance, unrealistic timelines, and user resistance. Understanding these factors is key to avoiding failures.
This document provides an overview of key concepts in engineering economics and financial accounting. It defines managerial economics and engineering economics, and discusses topics like demand, elasticity, costs, profits, budgets, and financial analysis. Some key points covered include defining fixed and variable costs, discussing methods of demand forecasting and types of elasticity, and explaining tools for capital budgeting like net present value, payback period, and internal rate of return.
This document provides contact information for a vein treatment clinic located in South Florida called Miami Beach Vein. It lists the clinic's address in Miami Beach and phone number, and includes a link to their Facebook page. The clinic offers vein removal treatments to improve the appearance of veins.
ORGAN TUMBUHAN, PROSES PEROLEHAN NUTRISI TUMBUHAN, DAN GERAK TUMBUHANjustnad98
STRUKTUR DAN FUNGSI ORGAN PADA TUMBUHAN, PROSES PEROLEHAN NUTRISI DAN TRANSFORMASI ENERGI PADA TUMBUHAN, DAN GERAK PADA TUMBUHAN.
source : wikipedia, buku biologi kelas 8 penabur, youtube.
This document discusses ERP implementation, including the different phases of implementation, approaches to implementation, and factors to consider in selecting an ERP package. It begins with an overview of ERP implementation as a project spanning from initial choice through configuration, training, and going live. It then covers various perspectives and phases of implementation, approaches like big bang and phased, and criteria for evaluating ERP packages prior to selection. The key phases of implementation discussed are project planning, gap analysis, reengineering, configuration, testing, training, and post-implementation support.
The document provides guidelines for MBA students at Anna University of Technology for preparing their project reports. It outlines the requirements for the number of copies to submit, length of the report, arrangement of contents, page dimensions and margins, manuscript preparation, typing instructions, and formatting of tables, figures, and references. Key requirements include submitting 4 copies of the report minimum 60 pages in length, with specific section headings in capital letters without punctuation and centered on the page.
Enterprise Resource Planning (ERP) systems integrate data and processes across an organization into a unified system using a shared database. ERP aims to standardize, streamline, and integrate diverse operations and information flows. Key benefits include improved productivity, quality, and competitiveness through optimization of resources and processes. However, ERP also faces limitations such as high costs, risk of loss of competitive advantage from process re-engineering, and dependence on proper training and use of staff.
1. An ERP system integrates different business modules like finance, HR, manufacturing into a single database to improve coordination across functions. ERP aims to streamline processes to reduce costs and cycle times.
2. ERP improves organizational performance by increasing productivity, customer satisfaction, quality management, and providing an online marketing platform. It also standardizes operations and eliminates non-value adding work.
3. While ERP provides benefits, implementations often exceed budgets and timelines. Success requires skilled management and resources to overcome structural and cultural challenges during implementation and adaptation.
A detailed presentation related to ERP Systems in Oracle. It is very popular for any firm/organization to work in their platform and solve the business work and provide solution. Software development processes helps to built software using Agile models.
A complete guide of Oracle ERP System. It is the most advanced system of current market scenario. A brief written content with the help of researchers, scientists and engineers. Oracle is targeting the current ERP market and increasing their productivity and providing a better solution for Organizations to improve there business.
This document is a project report submitted for a Master's degree in business administration. It examines the impact of an ERP (enterprise resource planning) system on employee productivity and performance at More Modular Homes Private Limited. The report includes an acknowledgements section, executive summary, table of contents, and introduction discussing the background and objectives of the study. It will analyze data collected from employees on their experiences using the ERP system.
Navigating ERP Selection_ 5 Vital Factors to Consider.pdfRexoERP
We are an ERP software development company. Here we are presenting our product which is Rexo. We are not some random bunch of software developers. We are "REXO". The name Rexo evokes eagerness, audacity, and responsibility. And here is RexoERP which is for all industries. We are a leading smart ERP solution & service provider from central India, comprising a team of enthusiastic IT professionals keeping the experience from 20+ years to many, continuously working to help society with the optimal use of IT for life and work.
This document discusses enterprise resource planning (ERP). It defines ERP as software used to integrate business processes across an organization. ERP aims to automate processes like finance, manufacturing, supply chain, and customer relations to provide a holistic view of the business. The document traces the evolution of ERP from earlier systems focused on inventory, materials, and manufacturing to modern multi-module ERP software. It also lists benefits of ERP like improved efficiency, data integration, and flexibility. Finally, it discusses factors driving growth in ERP adoption like supporting business growth and replacing outdated legacy systems.
This document provides an overview and introduction to Enterprise Resource Planning (ERP) systems. It discusses what an enterprise and ERP system are, why companies implement ERP, and how an ERP implementation should be carried out. The key points made in the document are:
1. An enterprise is a group of people with a common goal, and an ERP system integrates the information systems and automates core functions of an organization.
2. Implementing an ERP system has become necessary for companies to survive in today's competitive environment. However, selecting and implementing an ERP system is a difficult task with a high risk of failure.
3. A successful ERP implementation requires identifying an experienced consulting firm
This document discusses the importance of senior finance professionals understanding enterprise resource planning (ERP) systems and their financial implications. It covers:
1. ERP systems are typically a company's largest IT investment but their business and financial impacts are often misunderstood.
2. It is important for CFOs and finance teams to understand ERPs because they can help with financial planning, control, and as system users.
3. The lifecycle of an ERP includes evaluation, implementation, upgrades, and ongoing maintenance which impact costs and benefits over 10-15 years.
ERP FAQ_ Frequently Asked Questions About ERP.pdfPridesys IT Ltd.
The document discusses frequently asked questions (FAQs) about enterprise resource planning (ERP) systems and their implementation. It provides answers to questions such as what an ERP system is and why organizations use them, common ERP implementation approaches, the steps to a successful implementation, implementation methodologies, the typical implementation life cycle, implementation statistics, change management strategies, where to find implementation plan templates, and how small to medium businesses can best implement an ERP system.
This document provides an overview of Enterprise Resource Planning (ERP). It defines ERP as a fully integrated business management software system that combines several business processes, including logistics, production, finance, accounting, and human resources, into a single system. The document outlines the evolution of ERP from earlier systems like MRP and MRPII. It discusses the key benefits of ERP systems, such as improved integration across business functions, standardized processes, reduced inventory costs, and improved data accuracy. The document also explains that implementing an ERP system often requires reengineering business processes through Business Process Reengineering to fully realize the benefits of ERP.
ERP business solution and its significancePoonam pandey
ERP or Enterprise Resource Planning is growing steadily over more than a decade. It integrates internal and external information in an organization. The functional areas of ERP cover financing or accounting, sales and services, CRM etc.
Why ERP?
“Organisations often choose to implement a system of ERP applications when they want to standardize processes and streamline functionality across many varying departments within an organisation or enterprise.”
Enterprise resource planning (ERP) software integrates internal and external management of resources across an entire organization. ERP aims to integrate all data and processes of a company into a single system. It benefits organizations by streamlining processes, improving communication and access to real-time information across departments. While ERP implementation requires significant costs and process changes, it provides increased efficiency and control when successfully adopted.
Introduction to Enterprise Resource Planning (ERP )
Information System and Its Components, Value Chain Framework, Organizational Functional Units, Evolution of ERP Systems, Role of ERP in Organization, Three-Tier Architecture of ERP system
Steps recommended ascertaining the success of ERP implementation6e Technologies
The implementation of the ERP in an organization is a massive step towards achieving the organizational objectives with a systematic and careful approach. It is a major change that ensures better success rate by involving various components of business and integrating them with the help of software.
ERP is an integrated software system that manages key business processes across an entire organization. It allows different departments to use a single shared database and software platform to enter and access the same data. Implementing an ERP system requires significant time and resources but can deliver benefits like reduced costs, improved data accuracy and access, avoidance of redundant work, and easier adaptation to changes. Major challenges include the need to reengineer business processes and overcome resistance to information sharing between departments.
ERP software interfaces and computerizes different corporate exercises. The system proficiently eliminates manual following, which wipes out human blunders. ERP system liberates crucial time and assets by digitizing redundant managerial undertakings. Know more information here: https://medium.com/@nyggsautomation/why-does-your-business-need-to-implement-erp-software-and-what-are-its-essential-modules-f7bba45be731
Step-by-Step Guide to Social Media Advertising.pdfnivedhithas9
A Step-by-Step Guide to Social Media Advertising involves creating a strategic plan that includes identifying your target audience, choosing the right platforms, crafting engaging content, setting a budget, and analyzing performance metrics to optimize future campaigns. This approach ensures effective and efficient promotion of products or services on social media platforms.
Billion Broadcaster's Frame Posters and Horizontal Lift Advertising Screens: ...VikasYadav194549
Billion Broadcaster revolutionizes advertising with its innovative combination of frame posters and horizontal lift advertising screens. The frame posters, strategically placed for maximum visibility, offer a timeless and elegant medium for brand messaging.
Outdoor and Indoor Advertising: Pros and Cons.pptxPROreklama
This presentation explores the pros and cons of outdoor and indoor advertising, helping businesses make informed decisions about their advertising strategies.
TRAINING OUTLINES
Build Dashboard and Admin Panel for the Client
Adding Auto Pagination Script to control content on the PHP result page
Upload and Publish Files, Images and Video Dynamically
Configure a payment gateways API for accepting online payment
Embedding Google and Social Media APIs like Google Direction Maps, Charts
Adding Ajax to generate elastic search and auto suggestion list
Enabled Refine Search like Colors, Size, Price for a e-commerce website
Write Mails and Alert Notification Scripts for Users
SMS Integrations for Payment, OTP and account confirmation
Various verifications, captcha and approval ways to automate account
User Controls like Login, Signup, Manage Profile, Logout, Get Password etc
Collecting and displaying data from SQL using Joins and procedures
Enabling dynamic data ready for the JSON So we could parse it for other APIs
Manage a Hosting account, Uploading Backup and SQL, Cpanel Management
Lynzee Giamalva - Personal Brand Exploration Kitladylynzee
I have developed a brand identity kit for my personal brand for an assignment in the Digital Marketing Bachelors of Science Degree Program at Full Sail University.
You'll learn about proven systems and effective workflows to maintain a consistent and engaging social media strategy. Additionally, you'll gain actionable strategies and practical tactics to drive engagement, increase followers, and convert them into loyal customers.
Much like Odysseus's fabled journey, the venture of an organization into creating compelling websites, easy-to-use digital solutions, and flawless user experience is laden with trials and triumphs. This session explores a BizStream customer case study that demonstrates how crafting composable digital solutions with headless CMS and headless commerce is possible. The result now serves as a modern-day Athena, navigating the customer through the stormy seas of digital transformation. Attendees can expect to learn how to embrace modern composable solutions, understand the benefits they bring, and identify which of Odysseus's conflicts to avoid.
Key Takeaways:
What makes up a composable digital solution.
Why content is still king in a composable world.
How Headless CMS and Headless Commerce are different.
In today's fast-paced business world, providing excellent client service is crucial for success. This report, "Client Service Management: Principles and Insights for Excellence," explores the basic principles and practical tips needed to manage client relationships effectively. Good client service goes beyond just solving problems; it’s about building strong, lasting relationships that keep clients happy and loyal. In this report, you will find clear explanations and real-life examples that will help you improve how you interact with and support your clients. Whether you’re experienced or new to client service, the insights here will guide you in delivering outstanding client experiences and service models
Happy learning
Training devistation provides quality training in digital marketing.
ChatGPT
Digital marketing encompasses a wide range of online strategies and tactics designed to connect businesses with their target audiences, increase brand awareness, drive traffic, and ultimately generate leads and sales. Here’s a comprehensive description:
Digital marketing leverages various online channels and platforms such as search engines (Google, Bing), social media (Facebook, Instagram, LinkedIn), email, websites, and mobile apps to reach consumers. Unlike traditional marketing, which often relies on print ads, billboards, or TV commercials, digital marketing allows for precise targeting and measurement of campaigns in real time. also know about benefits of digital marketing
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https://training.devinstances.com/
address - industrial area, phase 8, F7, MOHALI, PUNJAB
It’s been a difficult few years for Facebook Ads due to signal loss from iOS/Firefox/Chrome and the associated loss of ad targeting precision and ROAS. In this session, delve into 100% new high-impact strategies for thriving in Facebook advertising in a world without 3rd party cookies.
You'll uncover the top 7 Facebook ad hacks of 2024, all centered around first party ad signal data restoration and how to coax the new default Meta Audience+ ad targeting system to do what you want it to do, each backed by solid results and case studies. Learn how to skyrocket your landing page conversions by 20-25%, how to scale ads like never before, and target niche audiences with strategies that defy traditional norms.
Plus, gain insights into critical privacy regulations and how to maintain a full compliance therein.
Let’s be honest. Improvements in search rankings and organic traffic don’t always translate into sales. Yet, you spend the majority of your SEO resources on driving rankings and traffic. What if you built your SEO content with conversion in mind from the beginning? You’d generate more organic traffic that actually converts into revenue! Join 20-year search marketing veteran as he unveils his framework for developing SEO content with conversion in mind every step of the way ‒ from keyword strategy to content development and publication.
Takeaways:
Tactics and benchmarks for SEO content that converts in 2024
Page layouts and content formats that convert organic traffic
Crafting keyword strategy and calls-to-action for conversion
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PHP (Hypertext Preprocessor) is a widely-used open-source scripting language that is particularly suited for web development and can be embedded into HTML. It is primarily used for server-side scripting but can also be used as a general-purpose programming language. PHP is renowned for its simplicity, flexibility, and ease of integration with various databases and web servers, making it one of the most popular languages for building dynamic websites and web applications.led by Mr. Hirdesh Bharadwaj, is an ideal choice for summer training in PHP in Delhi. With Mr. Bharadwaj's extensive 15 years of experience in the field, Webs Jyoti offers top-notch training in PHP development.
One notable aspect of Webs Jyoti is its unique approach. It's not just a training institute but also functions as a development agency. This means that students not only receive theoretical knowledge but also gain practical experience by working on real-world projects.Ducat offers comprehensive PHP training with a strong focus on practical implementation and live projects. Their course covers the latest industry standards and trends, ensuring that students are well-prepared for job placements .
Webs Jyoti: This institute provides 100% practical classes, study materials written by the founder, and training on 2-3 live projects. They also offer job placement assistance and grooming sessions for job seekers.Voice Search Optimization ACIL Computer Education: Known for its industry-standard training, ACIL offers various PHP courses ranging from basic to advanced levels. They emphasize hands-on training with real-world simulations and provide job assistance and placement guarantees for certain courses.
APTRON Gurgaon: APTRON offers a well-structured PHP course with modules on basic to advanced PHP concepts, webs jyoti, and CodeIgniter. They also provide live project experience and job placement assistance.
SLA Consultants India: SLA offers an advanced PHP training program designed by experienced professionals. Their course includes live projects, instructor-led classroom sessions, and extensive practical exposure to ensure students are industry-ready .
Each of these institutes has its own strengths, so you might choose one based on specific criteria such as course content, faculty experience, or placement records.Webs Jyoti: This institute provides 100% practical classes, study materials written by the founder, and training on 2-3 live projects. They also offer job placement assistance and grooming sessions for job seekers.Webs Jyoti ensures that students receive top-notch education and support to kickstart their careers in coding and software development.One notable aspect of Webs Jyoti is its unique approach. It's not just a training institute but also functions as a development agency. This means that students not only receive theoretical knowledge but also gain practical experience by working on real-world projects. Mr. Bharadwaj's extensive 15 years experien
How to Rethink the Way you use Instagram to Drive Sales and Customer Engagement
If you’re using Instagram to build or grow your business this presentation is for you. Navigating Instagram campaigns doesn't have to be overwhelming. By understanding the right strategies, you can turn engagement from a time-consuming task into a powerful tool for driving sales and a deeper understanding of your customers and fans.
Key Takeaways:
Running campaigns on Instagram can be and should be easy and effortless
Every post is an opportunity to collect valuable information to empower you to make more strategic choices
The power of giveaways on Instagram to drive engagement and first party data
1. UNIT- IV POST IMPLEMENTATION 8
Maintenance of ERP- Organizational and Industrial impact; Success and Failure factors of ERP
Implementation.
UNIT - V EMERGING TRENDS ON ERP 9
Extended ERP systems and ERP add-ons -CRM, SCM, Business analytics - Future trends in ERP
systems-web enabled, Wireless technologies, cloud computing.
http://www.academia.edu/1083186/Critical_Success_Factors_of_Enterprise_Resource_Plan
ning_Implementation_in_Small_and_Medium_Enterprises_in_Developing_Countries_a_R
eview_and_Research_Direction
UNIT- IV
POST IMPLEMENTATION
Maintenance of ERP- Organizational and Industrial impact; Success and Failure factors of ERP
Implementation.
What are the benefits of Supply Chain Management (SCM)?
SCM can help you transform a traditional linear supply chain into an adaptive network with the
following benefits.
With the increased visibility into the supply chain and adaptive supply chain network,
you can be more responsive. You can sense and respond quickly to changes and quickly
capitalize on new opportunities.
By offering a common information framework that supports communication and
collaboration, SCM enables you to better adapt to and meet customer demands.
You can track and monitor compliance in areas as environment, health and safety.
Information transparency and real-time business intelligence can lead to shorter cash-to-
cash cycle times. Reduced inventory levels and increased inventory turns across the
network can lower overall costs.
With SCM, you can lower operational expenses with timelier planning for procurement,
manufacturing and transportation. Better order, product and execution tracking can lead
to improvements in performance and quality - and lower costs. You can also improve
margins through better coordination with business partners.
Tight connection with trading partners keep your supply chain aligned with current
business strategies and priorities, improving your organization's overall performance and
achievement of goals.
2. How will Customer Relationship Management (CRM) help my business?
The eresource ERP CRM module helps you know your customer better and includes
many features such as activities, history, related contacts, addresses of your customers
and their relations with your competitors. The flexible database structures enables you
whatever information you would like to keep on your customer and maintains such
information for your future reference.
The eresource ERP CRM module also facilitates control and organization of entire sales
process, from offer to invoice. It empowers your sales staff by providing details such as
inventory status, estimated costs and delivery time, risk status, habits and special
demands, and previous trades during offer stage.
The eresource ERP CRM module offers an effective customer complaint management
tool which also includes repairs processing and document management.
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
3. 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.
Why Indian ERP system best suited for Indian industries?
Enterprise Resource Planning (ERP) Solution software should address all the needs of an
enterprise within the social context of the country in which the enterprise operates. This would
imply that the local accounting practices, locally applicable taxation laws are fully adhered to in
implementing the various business processes.
Many imported ERP software systems must incorporate India specific features before
implementation as per the specifications of its client, where as an Indian ERP solution has
already been programmed to take care of the national industry's interest.
Another feature of an India-made ERP like eresource ERP software system is its design. It has
been designed to cater the need of the Indian users with fully knowing their working
environment and requirements.
Industries also consider easy accessibility to their solution providers while choosing the right
ERP for their enterprises. It also to be noted that eresource Infotech serves all our customers
equally, unlike some overseas vendors who have a strategy to serve only large clients.
Cost factor also stands as one of the reasons why Indian ERP solution is best suited for Indian
industries. Many a time the huge cost involved in it scares away industries from implementing
ERP solution, depriving the benefits the system could offer. To overcome this precarious
scenario, eresource ERP has introduced an affordable ERP, keeping in mind the Indian
industries, specially the small and medium scale enterprises.
Being a student, I would like to know more about Benefits of ERP
Here is a quick look at the ERP Benefits
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.
4. 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 providereresource 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
success and failure factors of erp implementation
For many companies, the long and sometimes tedious process of selecting an ERP system is
considered easy compared to what awaits next – the ERP implementation. Clearly, the ERP
implementation is as equally important as the selection process, although an implementation is
widely considered a more complex and daunting project which can be quite disruptive to a
business especially if things go wrong. That can be validated just by reading the numerous
horror stories in the industry press about massive scale ERP failures experienced by some of the
leading and well-known global brands. The social media sphere takes that a step further and
features countless blogs, tweets or postings by users musing about unmet expectations from their
ERP implementations. It’s not surprising then that most companies feel a deep sense of
5. apprehension over a pending ERP implementation. While virtually any ERP implementation can
be complex and challenging, a successful implementation can be the norm and not the exception.
Over the years, market analysis and industry research have thoroughly studied the primary root
causes of most ERP failures. It is the proactive addressing of these causes which undoubtedly
will help ensure an ERP project ends as a success story rather than a failure, which can cost a
company untold sums of money, wasted time and resources and damage the bottom line. Below
are the Top 10 Critical Success Factors which directly address those root causes of ERP failures
and offer a framework to a successful implementation. These are not revolutionary or even new
ideas, but ones that have been used by myself and my consulting colleagues here for hundreds of
successful ERP implementations in a variety of industries. These Success Factors are tried and
tested and offer real world consulting insight into the most challenging of IT projects: the ERP
implementation. Outlined below are the Success
Factors which are critical to the successful deployment of an ERP solution:
1. Strong Executive Sponsorship
2. Focused Project and Scope Management
3. Minimize / Eliminate Customizations
4. Approved Solution Design
5. User/SME Participation and Engagement
6. Process Owner Led User Training and Sign-off
7. Documented User Procedures
8. Targeted Data Migration Strategy
9. Thorough System Testing
10. Knowledge Transfer
In subsequent blogs, I will discuss each of these factors and how technology planning, strategy,
design, scope of process changes, testing, level of customization and the “people effect” all
influence a successful implementation.
Implementation of an ERP system does not have to be painful or cause anxiety throughout the
management ranks. With the proper planning and execution of these Success Factors by a
company and its IT partner, an ERP implementation can be a smooth process and one that
quickly delivers efficiency and ROI across the business. In the next blog, I’ll discuss the first
three “Critical Success Factors.”
Analysis of Critical Failure Factors
Critical failure factors were assessed based on the information suggested by participants and
triangulated from the documents describing the ERP implementation (ERP project plan,
meeting minutes, email communications and so on).
The determination of critical failure factors is based on
6. (1) an understanding of the ERP implementation process from the information given by
participants
(2) each participant’s critical failure factors (validated using secondary source evidence, e.g.,
implementation related documents, email communications and meeting minutes) and
(3) a relative comparison of the most important critical failure factors with the approval from the
chief informant (such as the project manager).
The fourteen critical failure factors were identified as follows:
Critical Failure Factors for ERP Implementation
1. ERP system misfit
2. High turnover rate of project team members
3. Over-reliance on heavy customization
4. Poor consultant effectiveness
5. Poor IT infrastructure
6. Poor knowledge transfer
7. Poor project management effectiveness
8. Poor quality of Business Process Reengineering (BPR)
9. Poor quality of testing
10. Poor top management support
11. Too tight project schedule
12. Unclear concept of the nature and use of ERP system from the users’ perspective
13. Unrealistic expectations from top management concerning the ERP System
14. Users’ resistance to change
ERP Implementation Transition Strategies :
An ERP implementation strategy determines how the ERP system will be installed. Different
industries may install the same
There are several transition strategies but most of them are variants of the five basic types:
a) Big Bang
b) Phased
c) Parallel
d) Process Line
e) Hybrid
These techniques focus on the strategy of how to make the transition from a legacy system to a
new ERP system. ERP implementations all begin with the simple question- how do we make the
transition from our inheritance ERP system to new ERP system? The selection of the transition
strategy that is best suited for each industry is crucial as a wrong strategy can result in a failed or
7. flawed implementation. Three pillars-people, process and technology are the base of any ERP
implementation.
Failure to use one of these or failure to use it in the best possible manner can result in failure.
Understanding the relationships of ERP transition strategies between the process, people, and
technology will assist the ERP implementers to better understand what type or combination of
types of ERP transition strategy is best.