...“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...
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... | | | | | |By Mr. MBANZABUGABO Jean Baptiste(BE,MSSE,MCA) | TABLE OF CONTENTS ABSTRACT..................................................................................................3 1. INTRODUCTION........................................................................................4 1. GENERAL OBJECTIVE OF THE STUDY.................................................................................................. 5 2. SPECIFIC OBJECTIVES .......................................................................5 2. LITERATURE REVIEW ...........................................................................6 3. METHODOLOGY .....................................................................................9 4. METHODS ..................................................................................................14 5. ETHICS .......................................................................................................17 6. REFERENCES...
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...be 2 paragraphs – at least 20 sentences! In June 1972 5 IBM programmers created a company called Systems Analysis and Program Development after having worked on a program called SAPE for IBM. The programmers were originally pulled off the SAPE project but wanted to continue their work. Selling stock from their time at IBM the original founders of SAP were able to continue work on the SAPE program and eventually create many solutions for business. SAP is now one of the world’s largest software development companies focusing in Enterprise Resource Planning (ERP) software. SAP has locations in over 130 countries and is the world’s leading ERP developer. SAP focuses on 6 primary industries: discrete, process, consumer, service, financial, and public services. SAP also offers integrated solutions for large enterprise companies as well as small and medium size businesses. Currently the SAP ERP Business Suite offers 5 ERP solutions for businesses intended to cover the scope of all solutions a business may need to be successful. Supplier Relationship Management (SRM) – this software allows companies to make orders from suppliers handling things such as inventory, scheduling, and cost analysis. Product Lifecycle Management (PLM) – This software allows manufacturers to maintain accurate product information that enables more efficient production and shipping. Customer Relationship Management (CRM) – A well-known application in business CRM helps a company gain and retain...
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...Ahmed Associate professor Course Instructor, MBA East West University Jahrul Islam City, Aftabnagar, Dhaka Dear Sir, Subject: Application for report submission on “Enterprise Resource Planning”. As you will see, our observation pointed to the Managerial application of information technology, and we took into consideration the Enterprise Resource Planning as well as Its implementation, The Evolution of ERP, Integrating SCM, CRM, AND ERP, Integration Tools, vendors, advantages and disadvantage . We collected the data from secondary sources, analyzed within our group, and finally formulated the outline of our study. We would like to say that this report helps us a lot to understand ERP system largely. Moreover, your kind acceptance of this report would be highly appreciated. Sincerely Yours 1. Ms. Rasheda Naima Jahan (2013-3-95-019) 2. Mr. Md. Rafiqul Islam (2013-3-95-063) 3. Mr. Shadesh Baishnab (2013-3-95-075) 4. Mr. Md. Asaduzzaman (2013-3-95-099) 5. Mr. Avijit Das (2014-1-95-038) Acknowledgements We always have the guidance & clear instructions from our course teacher Dr. Md. Helal Uddin Ahmed. He never showed any sign of impatience towards us. He made us very much clear about the project content & what exactly He expected from us. Our term paper topic is “Enterprise Resource Planning”. To complete the report...
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...highlighted that an ERP based system can not only facilitate our employees in making better decisions and giving more productivity but an off-the-shelf ERP solution can also lower the overall cost of doing business by eliminating redundant systems and processes. Also, off-the-shelf ERP software is the easiest to implement and carries lower risks associated with it because of feedback from companies that have already used the same software before. Cost and time are key factors during the selection phase of an Enterprise Resource Planning solution. Customization to prewritten ERP packages is expensive, especially when the software needs to be upgraded. The answer to this is the employment of off-the-shelf ERP software. A...
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...ERP for Retail Sector Presented By: Astha Priyamvada What is ERP? Enterprise Resource Planning systems or the ERP systems refer to the software packages that integrate all the data and the related processes of an organization into a unified Information System (IS). An ERP system uses a central database that holds all the data relating to the various system modules. In order to achieve a seamless integration, an ERP system uses multiple hardware and software components. ERP packages are heavily used by larger retail chains. Designed to facilitate the administration and optimization of internal business processes across an enterprise, ERP packages have become the competitive tool for most large retail organizations. An ERP software uses a single database that allows the different departments to communicate with each other through information sharing. ERP systems comprise of different modules such as order entry, purchase, sales, finances, inventory management, DRP (Distribution Resource Planning), human resources and budgeting software. The components are designed to work effortlessly with the rest of the system and provide a consistent user interface throughout the system. ERP software packages have an enterprise wide reach that offers cross-functional capabilities to the organization. The different functional departments involved in the operations or inventory processes are integrated into a single system. An ERP package takes care of the various business...
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...Introduction: ERP is the short form of Enterprise Resource Planning. ERP utilizes ERP software applications to advance the performance of organizations' resource planning, management control and operational control. ERP software is multi-module appliance software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, product circulation, to order tracking. ERP software may include application modules for the finance, accounting and human resources aspects of a business. Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. A typical ERP system will use multiple components of computer software and hardware to achieve the integration. A key ingredient of most ERP systems is the use of a unified database to store data for the various system modules. ERP is an amalgamation of a company's information systems designed to bind more closely a variety of company functions including human resources, inventories and financials while simultaneously linking the company to customers and vendors. The Aim of an ERP System - The aim of ERP is to advance and modernize inner business processes, which characteristically requires reengineering of current business processes. The Components of an ERP System - The components of an ERP system are the common components of a Management Information System (MIS). * ERP Software - Module based ERP software...
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...collection issues. Because of Financial Accounting Hub’s and Enterprise One’s capabilities, both systems are marketed to financial institutions. Oracle is one of the pioneers for developing accounting systems (behind Microsoft) and its products evolved into a user-friendly and cost-efficient system; thus, Wall Street’s view of the firm is positive. Further, Wall Street’s positive view is justified by at net gain of its stock valuation of $1 or 2.6% of its stock price after 90 days. 2. Systems Applications and Products (SAP) - SAP Enterprise Resource Planning (ERP) application enables the open communication within and between all company functions. SAP ERP is part of SAP’s Business Suite enterprise application package, which includes the modules for Customer Relationship Management (CRM), Product Lifecycle Management (PLM), Supply Chain Management (SCM), and Supplier Resource Management (SRM). The drawback for SAP ERP is that the licensing and maintenance are costly, and implementation is time-consuming. SAP Business One is specifically designed for small and midsize businesses. It is a single integrated system that supports myriad of...
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...ERP is short for enterprise resource planning. Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. ERP software integrates all facets of an operation, including product planning, development, manufacturing, sales and marketing. ERP software is considered an enterprise application as it is designed to be used by larger businesses and often requires dedicated teams to customize and analyze the data and to handle upgrades and deployment. In contrast, Small business ERP applications are lightweight business management software solutions, customized for the business industry you work in. Explore New x86 Cluster Options in This Time of Transition Download Now ERP Software Modules ERP software typically consists of multiple enterprise software modules that are individually purchased, based on what best meets the specific needs and technical capabilities of the organization. Each ERP module is focused on one area of business processes, such as product development or marketing. A business can use ERP software to manage back-office activities and tasks including the following: Distribution process management, supply chain management, services knowledge base, configure, prices, improve accuracy of financial data, facilitate better project planning, automate employee life-cycle...
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...ROLE OF ENTERPRISE INFORMATION SYSTEMS IN THE PROCUREMENT PROCESS Ashley Wright What is procurement? Steps taken to acquire raw materials or finished goods Also known as “Requisition-to-pay” process People, data, documents and information are essential components of procurement Who relies on procurement? Manufacturers Raw Legal/ Purchasing Contract Materials B2B Model Management Vendor Management Resellers Finished Goods B2C Model Purchasing Cost Business owners, management and shareholders Consumers Analysis Inventory Analysis Business Models B2B commerce- Business-to-Business When a business sells directly to another business Includes transactions for raw materials & finished goods Examples: Wood to make a skateboard, helmet, first aid kit B2C commerce- Business-to-Consumer When a business sells directly to the consumer Includes online transactions or internet retailing Examples: Airline tickets, eBay, Wal-Mart online Raw Materials to the Consumer Business-to-Business Business-to-Consumer Producer Manufacturer Distributor Retailer Consumer Business-to-Business (B2B) Commerce Manufacturers use B2B commerce to: Acquire Raw Materials from a Producer Manufacturer assembles raw material into a good End product sold to Distributor or Reseller Resellers use B2B commerce to: Acquire Finished Goods from a Distributor ...
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...Erp 1. Definition 2. Erp’s relevance in shipping and logistics 3. Greece, Cyprus, Singapore, Thailand. 4. Market players, their relevant share globally and if possible then resp countries. 5. Market size globally and then regionally. 6. Major current trends, future outlook, potential. An organization that has no ERP will be running on many kinds of software that do not allow interaction. Customization also may be difficult it in some cases. This will negatively affect the optimized functioning of organization's business activities. The organization will be facing hardship in many areas of its functions. The engineering design of the software will be needed in order to improve the product, and to follow the client's behavior and choices since the first contact is quite important. Administration of the different receipts interdependence will be very complex, such as invoices regarding materials purchases, general expenditures or salaries. All of these things change when an ERP system is implemented. Information flows constantly and allows you to follow a client's processes at any moment, no matter which part of the process they are going through. Purchases and expenditures are registered in a centralized database which allows you to have close control over these activities. In this regard ERP helps you to prevent possible abuse. A powerfully integrated ERP system enables interactions of marketing, sales, quality control, products processes, supply...
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...COMPUTER COLLEGIATE Practice Test Subject: Excel & Peachtree Name: ___________________ Timings: ___________________ Q. In which menu do we found the option of General Journal Entry? Q. Applied to sales tab is use for a. b. c. d. Credit Sales Cash sales Sales through Sales Order Cash purchase Q. What is the purpose of using any ERP? Q. In assembling companies business only purchase ___________________ and sale _______________ Q. What is the difference between Real time and Batch? Q. Peachtree is made by a. b. c. d. Microsoft Sage Adobe Flash Q. What is Payroll Journal? Q. What is the type of capital account? Q. What is nature of prepaid Expense? Asset Liability Equity Q. Which one of the following is Large ERP? a. b. c. d. Peachtree Tally Oracale Myob Q. Sale return is recorded through which Voucher? Q. Which Report shows the details about the entire job? Q. What is the purpose of vendor Credit Memo Voucher? Q. Job Order Costing is use in which type of the companies? a. b. c. d. Manufacturing Assembling Distributing Construction Q. In which menu do we found the option to run Sales tax wizard? a. b. c. d. Task Maintain Reports & Forms List Q. Cash sales are recorded through which voucher? a. b. c. d. Receipt Invoice Credit Memos Payments Q. Which Report shows balance on Customer? Q. During maintain inventory, which Account should be link in GL Inventory account? Q. What...
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...1. Background 2. The situation in ERP software area 3. Analysis SAP, Oracle and QAD 4. What is QAD strategy 5. Conclusion for cloud computing in the future 1. Background QAD, a ERP software company which was founded in 1979. It is focusing on manufacturing industry. The competitors are such as SAP, Oracle, Inforsys, Epical etc. 2. The situation in ERP software area 2.1 Where is QAD’s position? The collection data metrics on selection trends, satisfaction and benefits realization are also included. So QAD software is among the tier 2 area. Which is competed with Epicor, Sage, Infor etc. 2.2 How about the pattern of competion? It is an oligopoly competition. SAP, Oracle, and Microsoft are the big three. The others are sharing about 47% marketing. QAD has about 2% sharing of the whole ERP marketing. 3. The competition of Tier II. The marketing share is so closely, each of them has their features For example: QAD –strengths • QAD has a long heritage in developing software applications to support the manufacturing sector, with a notable focus on certain manufacturing sub industries. • QAD has mainly a direct sales and implementation model in many major geographies, allowing the customer and QAD to remain in close contact throughout the Implementation • QAD Enterprise Applications is a highly flexible and scalable application that is suited for ...
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...aisnet.org/ecis2000/180 This material is brought to you by the European Conference on Information Systems (ECIS) at AIS Electronic Library (AISeL). It has been accepted for inclusion in ECIS 2000 Proceedings by an authorized administrator of AIS Electronic Library (AISeL). For more information, please contact elibrary@aisnet.org. search Best Of Breed IT Strategy: An Alternative To Enterprise Resource Planning Systems Ben Light Information Systems Institute, University of Salford - b.light@salford.ac.uk Christopher P. Holland and Sue Kelly. Manchester Business School - c.holland@fs2.mbs.ac.uk Karl Wills IT Consultant * Abstract - Enterprise Resource Planning (ERP) software has become the dominant strategic platform for supporting enterprise-wide business processes. However, single vendor ERP software systems have been criticised for not meeting specific organisation and industry requirements. An alternative approach ‘Best of Breed (BoB)’, integrates components of software from multiple standard package vendors, and in some cases custom components. The objective is to develop enterprise systems that are more closely aligned with the...
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...Agenda: A. Introduction B. ERP 1. What is ERP ? 2. ERP Modules & Components 3. Available ERP Tools 4. How to Choose an ERP Software ? 5. Future of ERP 6. Comparisons and Surveys 7. Demos & case studies ERP Mind Mapping Managers & Stakeholders Reporting Applications Sales Force & Customer Service Reps Back-Office Admins & Workers Financial Applications Sales & Delivery Applications Centralized Database Manufacturing Applications Service Applications Inventory & Supply Applications Human Resources Management Apps Customers Employees Suppliers Architecture of ERP ERP Modules Finance Human Resources Inventory Management Project Management & Planning Quality Management Sales Management Purchase Management E-Commerce CustomerRelationship Management Document Management SupplierRelationship Management Risk Management Production Planning & Controlling Knowledge Management Business Intelligence ERP Challenges High Cost Implementation Time ERP Package Selection Consulting Fees Customizations ERP Challenges Business Process Reengineering Custom Reports Security Change In Organization Requirements Integration with Other Data Sources Integration with Other Applications Integration with Legacy Systems Total Cost Implementation Time Project Facotrs Benefits Risks Goal & Vision Fit Strategic Fitness Local Environmental Requirements System Factors Reliability & Quality User Friendliness...
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