Premium Essay

Changing Trends in It

In: Computers and Technology

Submitted By richa1717
Words 3694
Pages 15
“ERP – THE CHANGES TRENDS

SALES AND DISTRIBUTION”

Prof. S.L Gupta* and Ms Richa sharma**

* Professor, Birla Institute of Technology(Deemed University), Noida Campus, Noida (U.P).

** Research Scholar, Singhania University, Rajasthan.

ABSTRACT

TO keep pace with rapid changes in the business world, companies need an integrated and flexible enterprise system that supports all aspects of their business with state-of-the-art functionality. An Enterprise Resource Planning (ERP) system helps companies to run their businesses in an effective and efficient manner by providing integrated and consistent information flow. It makes the task of keeping track of all the transactions so much easier. A retail ERP system allows automatic recording of the transactions in real-time environment. They have become indispensable tools to survive and increase profitability in race of running the large organization. SAP ERP system is tightly integrated with the Sales and Distribution module. This integration enables the mapping and supply of single-site or multi-site organizations. Developing precise logistics planning for just-in-time deliveries, this system can also generate replenishment orders by using defined warehouse requirements.

The ERP Information Systems facilitates faster and better management decisions by providing crucial information in a timely manner. The research focuses on to gain in general understanding of SAP Sales and Distribution module of SAP ERP as a theoretical and real-world perspective. As increased efficiency in sales and distribution is a key factor to ensure that companies retain a competitive edge and improve both profit margins and customer service.

“ERP – THE CHANGES TRENDS

SALES AND DISTRIBUTION”

Introduction

In today’s competitive business

Similar Documents

Premium Essay

Changing Healthcare Trends

...CHANGING HEATHCARE TRENDS Health Promotion: Changing Healthcare Trends Marla K. Clement Grand Canyon University: NRS-429V 11/8/2011   Health Promotion: Changing Healthcare Trends A trend recognized in today’s healthcare setting is that of a shift from professional dictation to patient directed healthcare. An emphasis on the treatment of disease, which was highly successful in the past, is not the answer for today's healthcare needs. Today, patient education is the primary focus with the emphasis on prevention of disease by screening for risk factors and encouraging patients to practice behaviors that foster good health. In the past patients would seek medical care only after symptoms had developed that interfered with their lifestyle. Todays’ trend reflects patients taking a proactive approach to preventing a disease after they have been exposed to the education through mass media such as commercials, the internet, or brochures obtained from clinics or physicians’ offices. With the advances in technology medical professionals are able to reach far more people than in the past. This technology has given professional nurses the ability to encourage more patients to improve their health while fostering positive behavioral changes, referred to as health promotion. Health promotion is defined as the process of empowering patients to improve their health while fostering behavioral, cognitive and emotional activities as to advocate health and well-being of the population...

Words: 1649 - Pages: 7

Premium Essay

Changing Trend in Rn

...Changing Trend In Newly Licensed RNs Felix Surrao West Coast University Changing Trend In Newly Licensed RNs Critiquing a quantitative research regarding recent changes in U.S health care and economics may influence the demand for nurses and the work choices of newly licensed RNs. Theses are significant in the fact that it affected the job market in the nursing world. The article compares the two cohorts surveyed six years a part showing that new nurses are now less likely to work in hospitals and more like to work part-time. The article compared the cohort from 2010-11 and cohort from 2004-05. The data was collected from 14 different states: Alabama, Kentucky, Maryland, Nevada, New Jersey, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas and West Virginia. (Christine, 2011). Review of literature and theoretical framework Kovner, Carol, fatehi, and Katigbak, wrote an article titled “Changing Trends in Newly Licensed RN’s”. The research problem in the article is stated as follows “ The economic downturn and the related high employment rate may have affected RN’s work decision; for example, they may be reluctant to leave job if family members are unemployed. Much depends on NLRNs but little is known about how their work patterns change over time.”(Christine, Carol, 2010). The article is well planned out and was written by a nurses and that is what enhanced the attention to detail. In the background they describe why there is an increase in...

Words: 784 - Pages: 4

Premium Essay

Changing Trends In Retail Sector

...Synopsis Historical studies show that growing disposable income of a consumer and technological developments are responsible for the changing retail formats. This change might take a decade or more (United States) but it can occur rapidly as well (Thailand).This paper has helped in understanding the factors that affect the retail landscape, historical stages of changes in retail in the developed markets, changing trends of retail sector in Pakistan, change in consumer’s lifestyle and demographics. At last it overviews the future of Pakistan’s retailing sector. Retail trend can be learnt in terms of the formats ranging from the traditional ones to the modern ones. Consumer’s changing lifestyle, growth in disposable income, and developing technology...

Words: 1098 - Pages: 5

Free Essay

Five Meta Trends That Are Changing Our World

...FIVE META-TRENDS THAT ARE CHANGING OUR WORLD* explored by David Pearce Snyder Consulting Futurist INTRODUCTION Last year, I received an e-mail from a long-time Australian client, requesting “five meta-trends that will have the largest impact on global human psychology.” The wording of the brief request gave the impression that they were ordering five off-the-shelf commodities which we could pull from stock and ship in seven days. Moreover, the term “meta-trend,” while increasingly in common use, lacks specificity as a contract deliverable. I asked them to describe what they meant by “meta-trend.” The client, The Meikle Files (www.meiklefiles.com.au), provides leadership development and career coaching for executives of multi-national firms. They replied that they were looking for “future trends that would most powerfully affect human consciousness and behavior around the world.” The Greek root “meta” clearly denotes a transformational or transcendent phenomenon, not simply a big, pervasive one. A Google search on “meta-trend” turned up a rich diversity of uses, almost all of which clearly involve convergent or catalytic change, as opposed to linear or sequential change. “The Oxford English Dictionary and Google,” I wrote back to the client, “agree that ‘meta-trend’ would most appropriately be defined as an evolutionary, system-wide development arising from the simultaneous occurrence of a number of individual demographic, economic and technologic trends.” “Each of your...

Words: 3965 - Pages: 16

Premium Essay

Five Trends That Are Dramatically Changing Work and the Workplace

...Knoll Workplace Research Five Trends that Are Dramatically Changing Work and the Workplace By Joe Aki Ouye, Ph.D. Co-Founder and Partner New Ways of Working, LLC The Changing Nature of Work My wife, a manager at Hewlett-Packard, usually has a two minute commute—a thirty foot walk from the kitchen up to her office. She goes “to the central office” about once every other week, more to keep in touch socially rather than to formally collaborate. Although she only meets face-to-face with her globally-based team members about once per year, she has an audio conference with them weekly. As HP’s work force grows and becomes more global, she is a highly sought after manager. She has learned how to work with her distributed team, setting clear directions, communicating often and clearly, and, most importantly, creating activities to engender team trust and cohesion. Most workers today do not work like my wife; most still commute to and from traditional, centralized offices and work with teams in close proximity. Nevertheless, more and more of us are—or will be—working in both non-traditional ways and places, ranging from relying on adaptable furniture and hoteling desks at the central office, to satellite offices, offshore offices, and telework from home. According to a recent benchmarking study by our research consortium, The New Ways of Working, many organizations are formalizing “Alternative Workplace” programs that combine nontraditional work practices, settings...

Words: 8071 - Pages: 33

Premium Essay

10 Hr Trends That Are Changing the Face of Business

...INTRODUCTION The business world is changing at bullet-train speed – technology, the global economy, increasing regulatory scrutiny, the looming talent crisis, the recognition that mental illness is dramatically affecting the workplace. All of these are having a huge impact on the HR profession. The c-level is finally starting to realize how important your role is. They want you to get out of the day-to-day administrivia - while still making sure everything is done perfectly, mind you. They want you to measurably contribute to the top-line and the bottom line, and help mitigate risk. There are ten major trends that you need to be aware of as your role evolves to meet these challenges. Let’s start with the most obvious. #1. The Changing Role of the HR Professional We need to put the “human” back into human resources. Employees are humans, not commodities, and HR departments have to start seeing them differently. With the current push towards strategies that engage employees, attract top talent, and contribute to the bottom line, this change is imperative. We need to stop whining about being at the table. These days, almost every book or article you read about the role of HR talks about HR needing to be ‘at the table’ or to be more strategic. It’s my observation that in almost every respected company, HR is at the table. So for most HR leaders, the question is not ‘how do you get to the table’. It is ‘now that you are at the table, how do you best contribute...

Words: 5610 - Pages: 23

Premium Essay

Trends, Challenges, and Technology Use in a Changing M&a Environment

...A Forrester Consulting Thought Leadership Paper Commissioned By IntraLinks Trends, Challenges, And Technology Use In A Changing M&A Environment M&A Management Tools — The Missing Link To Institutionalize M&A May 2010 Forrester Consulting Trends, Challenges, And Technology Use In A Changing M&A Environment Table Of Contents Executive Summary ............................................................................................................................................................................................2 The M&A Management Tools Market Is Still Nascent ...........................................................................................................................3 Trends And Challenges In A Changing M&A Environment ................................................................................................................4 Criteria For Successful Corporate M&A ......................................................................................................................................................8 Technology Use And Satisfaction In M&A .............................................................................................................................................. 12 Capabilities Of The Next-Generation M&A Management Tool ....................................................................................................... 15 Key Recommendations .........................................................

Words: 5842 - Pages: 24

Free Essay

How Does the Use of Management Approaches Keep Pace with the Changing Trends of Worlds?

...How does the use of management approaches keep pace with the changing trends of worlds? Union is strength. This common saying has existed between people for a long period of time. With the start of cooperation between different people, they tend to start forming groups when facing a problem that requires much effort. David Premack (2010) suggests that there are fundamental differences between humans and animals. Humans alone can reinterpret the higher order relations between these relations. This gradually leads to differences on mind set in different unique individuals. Different people do not always share the same thoughts as compared to one another. Conflicts or misunderstanding usually come up, making team productivity unfavorable. As a result, management approaches are always essential to maintain the unity of the whole team. Management approaches are important in remaining team productivity. However, these approaches were not exactly the same in the past. The approaches changed from time to time in order to suit the exact needs of that certain period of time. I find out that it will be interesting to discuss and search more deeply about the ways and reasons on the changes of management approaches. In this essay, I will be identifying different main management approaches, then applying and analyzing the reason why it was used at that time. The first type of management approaches comes from the ancient management. Its history can be followed back to at least...

Words: 977 - Pages: 4

Premium Essay

The Changing Workforce Is One of the Emerging Trends in Organizational Behavior. Describe How the Workforce Is Changing and Briefly Identify Two Consequences of These Changes for Organizations.

...workforce is changing rapidly for reasons such as the labour force is growing older, workforce are becoming diverse, changers in workers attitudes and labour shortages (Weick and Quinn, 1999). As stated above one of the main causes of the changing workforce is the ageing population. As baby boomers are getting older and starting to retire, it is important that employers understand the needs and motivation of the younger generation (generation Y) who will soon be replacing the older generations (Anderson and Hussey, 2000). Moreover companies feel the need to recruits and retains younger workforce to replace an estimated amount of 75 millions of departing older workforce (Humphrey, Costigan and Pickering, 2003). The generation Y people are known to be disinterested and selfless about the welfare of others. In order to attract and retain them, companies have to be aware of their work values (Twenge and al, 2010). A consequence for the organization of this change is that older generations were fulfilling their job with the potential of a lasting relationship between the employee and the organization than the younger generations. The latter showed little interest in company loyalty and team working (Collier, 2012). In other words younger generations seeks only working for the sake of money, and are not interested in being under pressure at work. Thus organizations need to focus on succession planning in order to be ahead of this graying curve. Another cause of a changing workforce...

Words: 865 - Pages: 4

Premium Essay

Ganda Ko

...environment and why marketers play a critical role in tracking environmental trends and spotting opportunities. a. A company’s marketing environment consists of the actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with target customers. Like Xerox, companies constantly watch and adapt to the changing environment. b. More than any other group in the company, marketers must be environmental trend trackers and opportunity seekers. Although every manager in an organization should watch the outside environment, marketers have two special aptitudes. They have disciplined methods-marketing research and marketing intelligence-for collecting information about the marketing environment. They also spend more time in customer and competitor environments. By carefully studying the environment, marketers can adapt their strategies to meet new marketplace challenges and opportunities. 2. List some of the demographic trends of interest to marketers in the United States and discuss whether these trends pose opportunities or threats for marketers. a. Changing Age Structure of the Population Changing American Family Geographic Shifts in Population A better-educated, more white-collar, more professional population Increasing diversity b. The first trend( The changing age structure of the population), poses a threat because defining people by...

Words: 282 - Pages: 2

Premium Essay

Introduction to Data Communication

...and networking is changing a transformation of the marketing world is a challenge to stay connected with real world through devices in real time such as mobile phone, tablets, computers and laptops. The modern day marketing have to combine the creative side of discipline and this could be a huge challenge. Three areas of the changing transformation within the market of data communication are by speed, relevance and the reaches within campaigns which has increased greatly through different ways in which people may access the media, like through Facebook, YouTube, cell phones and computers. The changing system bring about a particular tool or system and for any brand of systems to work together in the networking world and brand teams of technologizes be placed to implement new systems. One such resource is “Organizational Challenges to the Adoption of the Internet” gives important update of the changes within the networking community. (www.ncbi.nlm.nih.gov). Current trends that affect the data communication are market trends in which these they show opportunities on how to grow business successfully and take advantages of the many positive changes and guard against the negative ones. While the market trend does effectively also inform it also save organizations from reacting to late when it comes to surprises that may occur while keeping ahead of the many competitors when developing business growth strategies. The developing market trends goes from changing customer needs with...

Words: 661 - Pages: 3

Premium Essay

Chapter 3 Principle of Marketing

...environment and why marketers play a critical role in tracking environmental trends and spotting opportunities. a. A company’s marketing environment consists of the actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with target customers. Like Xerox, companies constantly watch and adapt to the changing environment. b. More than any other group in the company, marketers must be environmental trend trackers and opportunity seekers. Although every manager in an organization should watch the outside environment, marketers have two special aptitudes. They have disciplined methods-marketing research and marketing intelligence-for collecting information about the marketing environment. They also spend more time in customer and competitor environments. By carefully studying the environment, marketers can adapt their strategies to meet new marketplace challenges and opportunities. 2. List some of the demographic trends of interest to marketers in the United States and discuss whether these trends pose opportunities or threats for marketers. a. Changing Age Structure of the Population Changing American Family Geographic Shifts in Population A better-educated, more white-collar, more professional population Increasing diversity b. The first trend( The changing age structure of the population), poses a threat because defining people...

Words: 1344 - Pages: 6

Free Essay

Diversity and Hospitality

...Diversity and Hospitality Michelle Snyder HTT/200 April 4, 2012 Karen Stevens Diversity and Hospitality Identify the major trends related to diversity and explain their effects on the hospitality industry… There are many elements of diversity. To describe diversity real simple, it means difference or change. “Diversity” means merely that the employees in the workplace are “diverse.” Elements of diversity can include: skin color, ethnicity, gender, education, age, sexual orientation, economic background, beliefs, religion, and culture, learning style, country of origin, geographic region, physical ability, mental ability, personality, experience, expressiveness, veteran status, and weight. Diversity is all around us and is changing all the time. How many trends are out in the world that has to do with hospitality...? To start there are many new trends out there today, but there are some old ones that still remain. The major trend in diversity is towards a fairly even mix of genders and skin colors. Some trends in the world today that have to do with hospitality include: The Emergence of the Internet and E-Commerce, E-booking and Employment and Recruitment. To give an example of a new trend right now in hospitality would be online booking in the hospitality industry. It is an easy and convenient way for the consumer and also assists in helping hotels to keep better records. The percentage of reservations made online...

Words: 437 - Pages: 2

Premium Essay

Adapting to the External Environment

...unique keyboards, and business people used it for the internet, texts, address books, schedule management, and so on. Blackberry’s phones were stylish and revolutionary with high technologies and lots of tools in that period. However, there are few opportunities to see those who are using it recently. People shifted to iPhones or smartphones of other companies, such as, Samsung, LG, and Nokia. Then, why is not blackberry popular anymore? Are there any exact reasons or factors for that it failed in the market? These questions are important and necessary for the company to make the company stable and set it back to the market again. The reason why the sales of Blackberry declined greatly must not be only because of the change of the trends. It is essential to analyze the factors of sales decrease to survive in the competitive market. One of the important factors is adaption to the external environment which is necessary for all of the industries. Apple is one of the best examples that could adapt to the market pretty well. Steve Jobs placed emphasis on small devices, such as iPods instead of large products. Moreover, he recognized that iPods alone would not be enough to survive in the market because he expected that modern phones would be able to have a system to play as much music as iPods at the same time of one makes a phone call. Therefore, Apple developed the smartphones as one of the main products. If Apple did not shift to produce iPhones instead of iPods, it...

Words: 3988 - Pages: 16

Premium Essay

Business Innovation Plan

...xxxxxx_k@hotmail.com January 27, 2013 Mr. James Weaver, Chief Executive Officer Gold's Gym International 125 E. John Carpenter FWY, Suite 1300 Irving, TX 75062, United States Dear Mr. James Weaver: BUSINESS INNOVATION PLAN FOR GOLD’S GYM Gold’s Gym International has been credited as one of the best performing companies in the fitness industry. The company has been able to cope well with changing trends, while remaining competitive. However, due to an increase in the number of fitness clubs, it is currently faced with a lot of competition. In response to this competition, Gold’s Gym International has opened new facilities in various locations, and has also renovated existing gyms to provide its members with cutting-edge equipment and a better environment. I believe that this is a critical time for you and for the company in order to continue to enjoy long-lasting success well into the future. On behalf of Sage Consultants, I have done some research and found various ways that the company can improve its performance through innovation and adapt to the changing market. Thank you in advance for taking the time to read this report. Sincerely, xxxxxxxxxxxxx Lead Consultant Current Situation Gold’s Gym International (Gold’s) is an international fitness company that was established by Joe Gold in 1965, and has evolved to become one of the largest in its industry. The company focuses on offering body building and fitness services to both men and women, and currently...

Words: 2320 - Pages: 10