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ERP finance module helps see your ‘tomorrow’ today

ERP finance module helps see your ‘tomorrow’ today

In today’s business enterprise, you need to know that your financial decisions are based on today’s data, not numbers from records closed a month ago, or even a week ago. And you need to know that this same data represents every segment of your organization’s activities, whether your enterprise stretches across a room or around the globe.

This is essential, because the most efficient way to get your enterprise to where you want it tomorrow is to know exactly where it is today.

Whatever the financial goals of your organization may be, the financial application components of eresource ERP software solution work hand-in-hand to improve the bottom-line. This is true because the financial functionality is tightly integrated across all business areas and all geographic areas.

This tight integration includes all the other different modules, from materials management to human resource to logistics. Because eresource ERP system automatically links related areas, it eliminates the need to repeat procedures. You enter your data only once. Within the eresource ERP system all areas work in coordination, creating a new level of efficiency in handling your financial data.

The finance module of eresource ERP system provides financial functionality and analysis support to lot of medium and large scale enterprises in Indian and abroad. The finance module of eresource ERP system has the following sub-systems.

Financial Accounting

  • General Ledger
  • Account Receivable
  • Account payable
  • Fixed Asset A/C
  • Debut Note/ Credit Note/ Journal Entries
  • Bank Reconciliation

Statutory & Regulatory

  • Value added tax analysis & reporting
  • TDS & service tax
  • Excise

Enterprise Controlling

  • Executive Information System
  • Business Planning & budgeting
  • Profit centre accounting

In addition, eresource ERP’s financial accounting provides company-wide integration that is essential to strategic decision making. The financial accounting module in eresource ERP gives you the ability to centrally track financial accounting data within a single framework, of multiple companies, multiple branches and chart of accounts.

Also Read – ERP for Plastic industry

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Streamline your manufacturing business processes with eresource ERP

Streamline Your Manufacturing Business Processes With eresource ERP

eresource ERP manufacturing solution offers small and mid-sized manufacturing organizations with a means to reduce costs. It also helps respond to changing market scenario and customer demands by streamlining the business processes.

Here are some of the benefits the manufacturers will experience by implementing eresource as their ERP solution.

eresource ERP software for Manufacturing provides organizations with more flexible and extensible system that enables them to easily adapt, change and add operational functionality to the system in order to meet customer demands and easily adjust to changes in the marketplace.

eresource streamlines operations and processes thereby providing transparency to manufacturers on their production & delivery schedules, order processes and warehousing management.

eresource will automate the manual processes practiced by the manufacturing companies. Automation will enable them to increase efficiency and take advantage of new revenue opportunities.

eresource helps organizations to provide better service and be more responsive to the demands of customers and business partners through multi dimensional tracking features and advanced order-promising capabilities.

With the use of eresource manufacturing ERP software system, manufacturing organizations can set budgets, review costs, track activities and resources.

Being a web-based ERP solution, eresource enables sharing and communication of information between users on-line in real-time basis.

eresource enables manufacturers to identify problem areas and take corrective action in an easy and effective manner.

eresource ERP advantages:

Supplier collaboration:

Two-way information exchange and collaboration with supplier improves procurement execution and reduces material costs without reducing manufacturing responsiveness and flexibility.

Customer relationship management (CRM):

Automation and integration of sales marketing, support and e-commerce helps you win sales and improve customer satisfaction, increasing customer responsiveness and loyalty.

E-commerce:

Web-based application and adoption of Microsoft’s .NET technology enables you to access information, sell product, run business processes and connect with customers and partners anytime, anywhere via the Internet.

Extended enterprise:

eresource ERP is designed to support businesses that operate at a single location or with multiple plants.

Business intelligence:

Business intelligence (BI) tools provide complete visibility into your system’s critical business data, allowing you to make faster, better informed and progressive company decisions.

Technology infrastructure:

Microsoft based solution facilitates a smooth, quick implementation and simplified system administration, customization and integration of your business system, while also providing a stable, scalable technology infrastructure.

Also Read – ERP for packaging industry

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Quick implementation, quick business and quick RoI

Quick ERP Implementation, Quick Business and Quick ROI

ERP software like the eresource can bring all the difference to a business organization with the integration of internal and external management information. The award winning leading Web-based eresource ERP solution that has been developed in Indian soil allows you to maximize efficiency across departments and identify key areas for improvement producing real cost savings.

Not only just choosing the right ERP but also the effective implementation contributes to the successful functioning of the ERP. What also to be considered is the time taken to implement. Everyone knows time is precious. An ERP implementation must be completed within stipulated time. Apart from the timely implementation, employee training is also essential for the successful functioning of any ERP software.

Without proper training of employees the organizations won’t succeed in enjoying the full advantage of the new systems and may even feel uncomfortable using them. Make it sure that your employees are trained thoroughly during and after implementation as well as a periodical training method must be adopted to ensure everyone is getting used to the system without facing hardship.

eresource ERP once implemented, brings greater efficiency in all the business operations. Having said that what is to be remembered is that, there may be a certain amount of data migration and conversion will inevitably be involved. This may cause a slight disruption of business operations including data migration and employee training, during the implementation of the ERP system. As eresource ERP implementation is efficient and adopting the time saving exercise, the disruption time is going to be negligible.

To get the most out of eresource ERP software, it has been integrated with all the modules that are required for every verticals in a systematic way. Any additional facilities required by companies could be integrated as per the requirement. Web-based ERP system is scalable. Companies that have implement only limited modules could be upgraded with our full fledged ERP system in a quick session.

Over the years many companies that have evaluated many ERP tools to run their business been finally settled with eresource ERP after finding that it only gives them value for money but also brings a substantial ROI soon. A quick ERP implementation that makes a quick business with a quick ROI, that’s eresource.

Also Read – ERP for packaging industry

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eresource The New Generation Enterprise Resource Planning System

Organizations are thinking and preparing for the future technology, which will take their business to new heights. However, how to define, deploy and manage the technology and business services are really a matter of concern for everyone. This is where the assistance of advanced Business Solution s like eresource ERP (Enterprise Resource Planning) makes its relevance.

Web and Cloud-Based ERP Software

eresource’s Cloud-based ERP – Enterprise Resource Planning Solution help face the challenges before today’s enterprises. As the businesses are today work and deliver value more dynamically, the competition in the market also been increased which brings new challenges to them. Cloud computing and social computing technologies, new working standards and a stubborn economic reset are all reshaping how work gets done.

Companies are exploring the ways to extend more value added services to its customers. Though operational improvement and cost savings be critical factors it alone will not help companies in their business operations . Emerging new challenges must be addressed with solutions that extend the value of complex, knowledge-based business activities.

eresources end to end ERP Solution supports complex, high value, knowledge-based work. eresource ERP Solution simplifies back-office process automation for mid-sized and growing business. It provides real-time information about finance, order management, purchase, inventory, employee management, e commerce and much more. With web- based ERP Solution , you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners.

Our SAAS Model solutions are a big hit among the mid-sized companies in India. With eresource ERP, pharmaceutical companies that are looking for a next generation enterprise solution can realize cost and process efficiencies. With the solution they can also take their sales and marketing effectiveness to new heights.

Many ERP System currently used by many of our midmarket companies are quite mature and ripe for replacement. Most of today’s midmarket organizations had ERP Systems older than 10 years old. ERP Technology has evolved significantly in the years since these systems were deployed. Therefore operating your business on out-dated system can make adverse effect on your business operations . You must change today for better tomorrow. A generation system is already here

Also Read — ERP for Plastic industry

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ERP system can help companies minimize manufacturing cost

Over the years, eresource has become an acceptable ERP for the manufacturing industry, especially in the SMB segment. eresource has been concentrating more on this sector because manufacturing sector goes far beyond the direct contribution to national product and employment. Manufacturing is a global business underpinning all economic activity.

There is no need to emphasis the fact that the manufacturing sector is crucial for employment generation and development of an economy of a country. In coming years, India is expected to witness significant demographic growth and a disproportionate expansion in the working age population. To absorb much of this labour force, the manufacturing sector would need to play an important role, especially in technology front. Currently, the sector accounts for 12 per cent of the total employment in the country, well below its true potential. Currently, the manufacturing sector accounts for less that 20 per cent of the total employment in the country, well below its true potential.

Therefore, being the lifeline of the country, it is imperative that manufacturing sector must be equipped with technologically advanced operating system that will help boost employees’ confidence and improve overall working method.

In this scenario, upgrading of technology support becomes necessary in all manufacturing organization and an ERP system that can help to minimize manufacturing cost and increase of resource utilization is the need of the hour. To grow and compete in the vast manufacturing sector, small and medium-sized manufacturing units must cut down their production bottlenecks and must improve their delivery performance.

To make their operation further easy, manufacturing companies must have a transparent method of operational mode between each department and branches. eresource ERP is a comprehensive enterprise resource Planning system that has been developed with best-practice support for multi-mode manufacturers in a broad range of Industries.

As the competition in the manufacturing sector world-wide getting more aggressive by each passing day, the SMB segment must concentrate more on improving their overall working system, with integrating more advanced resource planning application. We have many reason to recommend eresource ERP for the manufacturing Industry. eresource ERP is designed for manufacturing excellence, with visibility throughout the operation and embedded support for a wide variety of manufacturing processes – including make-to-stock, make-to-order, configure-to-order, engineer-to-order , just-in-time (JIT) manufacturing and materials control, and lean operations.

Eresource ERP for manufacturing is consists of many useful modules such as Sales & Distribution Management, Purchase Management, Manufacturing, Planning & Control, Total Quality Management Inventory Management, Plant Maintenance, Excise Management, Human Resource Management, Finance Resource Management.

We have more information on eresource that can be shared with you. Let us meet and discuss how this system can improve your companies’ growth rate. Call us today for a meeting.

Also Read – Manufacturing ERP software in UAE

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Lean Manufacturing gets its own ERP System

Whether an ERP system work good for a lean manufacturing organization is a question asked by many in this field. That is because they think an ERP system is too big to integrate into the framework of lean manufacturing segment. However, these questions have been rightly answered eresource Xcel ERP system which has been developed and implemented wisely with light versions as per the volume and size of various manufacturing organizations.

eresource Xcel ERP system has been designed to facilitate leaner methods of every functions. As you know a lean organization has detailed specifications of all of its actions for a process required to bring a product. An intelligently integrated ERP system will help these organizations in its every process such as from order to delivery and from raw materials to finished product as per the requirement. Once the perfect data been fed into the ERP system it takes care of all the process that is required to complete the manufacturing process.

Lean manufacturing companies produces quality products which needs makes sure that there is no need of after-the-fact inspections. Here too, ERP systems like eresource Xcel ERP for Manufacturing Industry can help in a big way.

Having said that a prime conflict between lean manufacturing and an ERP system lies in materials planning and production scheduling. ERP, with its top-down approach, depends on sales forecasts for materials planning. Lean process adheres to a pull-based production-scheduling mantra, with inventory kept to a minimum via an in-plant system that replenishes materials and parts as needed. Despite these differences, eresource Xcel enables lean manufacturers to coexist, and work together.

Implementation holds an important role in success of ERP usage. One common mistake in implementing lean manufacturing is to fail to define the value that you want to offer. eresource Xcel ERP system is implemented after the analysis of what the customer wants and needs, versus what your product/service currently has. The system incorporates your competitive position to assure that you have a value proposition that will be attractive to your customer. Just aiming your lean efforts on a product that doesn’t meet the market needs and it will only cause frustration and wasted efforts. After the analyses of business process and system requirement the implementation must be carried out with features, functions and options that are right for the customer and market needs.

The implementation process must be done carefully under an able technical team. Once the company have decided to implement the ERP system, a review must be done on your all processes which are being required to meet your objectives.. It is also important to document all the activities that are necessary to specify and build the product for the customer. It is also important to capture every activity so that you may later determine which activities are value producing, and which are not. On the shop floor, you can start with the shop routings, but it is important to also capture the wait times, and queue times, if you have not already included those on your routing operations. eresource Xcel takes care of all these above matters which leads to the successful implementation of the system in a lean manufacturing organization.

There are also some other activities that must avoided to run a lean operation successfully which an organization will able to manage cleverly with the help of eresource Xcel ERP system.

Some of the activities that must be avoided are

  • Over Production
  • Waste of Unnecessary Motion
  • Waste of Inventory
  • Production of Defects
  • Waste of Waiting
  • Waste of Transportation
  • Waste of Over processing

For more information on eresource Xcel ERP sytem for Lean Manufacturing and a LIVE DEMO, please write to us or call us today.

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ERP for Construction Companies | Why Construction Companies can’t do without an ERP System

People who works in the construction industry knows how difficult it is to overcome unpredictable scenarios during a project and the same can take its toll on the whole project. There is lot to be done to overcome to make the work successful and profitable. With the introduction exclusive ERP solution for construction industry, there is a big relief for this kind of scenarios as this system can help the construction companies to have a well planned working strategy with every single project.

Today every construction company need to have an efficient and intelligent ERP system that satisfies most requirements while also offering the efficiency and risk mitigation. eresource nfra ERP solution for Construction and Infrastructure is a fully integrated construction ERP software solution that can take care of every need of a construction company.

eresource nfra ERP system has been specifically designed to deal with the complexities of resource management, job costing, analyzing and billing for project-based civil engineering and construction projects.

When it comes to Construction and Infrastructure project, management of equipment and labour management are two major areas that is extremely difficult to manage. It becomes easy for the Construction companies to manage labour and equipment when these companies are implemented with a efficient ERP system such as eresource nfra. Not only labour and equipment construction companies will not able to make desired profit from each project if they are not backed with a suitable accounting software.

Eresource nfra ERP for Construction industry has been integrated with a powerful account module the project cost, timelines and customer management can be handled smoothly and efficiently. The system is also have a CRM (customer relationship management) modules that could take care of all your customer dealings effectively. Unless the project works are not managed by automated ERP system like eresource nfra every project would become more complex and this will ultimately affect the outcome of the project’s profit margin.

Also Read – ERP for Manufacturing

ERP system could help you develop your construction business and following are some of the benefits.

  • Business Development: Convert prospects to customers and estimates to projects.
  • Project Execution: Manage resources, milestones, budgets, and billing.
  • Project Management: Document and workflow management for RFIs, RFPs, and drawings.
  • Labour Management: Resource, time, and productivity management.
  • HR and Payroll (Certified & Union Payroll): Automated time, tax and fringe processing and reporting.
  • Service Management: Dispatch and manage service in today’s mobile environment.
  • Analyze and Report: Prevent Margin Fade with visibility into project and company performance.

Apart from the above, eresource nfra ERP system has also been integrated with modules such as material management, marketing, project planning and control and so on. The system also can be customized to meet the needs of a large construction company as per their requirements. . The system also has a module that that helps in project cost estimation, by breaking down each project into activities. Each activity is then broken down into till of materials of material, labour and equipment. Another module helps in material requirement planning on the basis of the work projection of a particular month/week.

There are also many other features that are included in the exclusive ERP system for construction, which can demonstrated and any modifications can be made into the system as per the requirement of customers.

For more details and a LIVE DEMO, please call us today or write to us.

Also Read – Construction erp software in uae

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eresource 3GL, one of the best FMS (Fleet Management System)

Logistic companies which have their own fleet of trucks or any other transporting vehicles need a flexible and efficient FMS – Fleet Management System for their administration. The fleet management system developed by eresource is indispensable to a fleet manager, in order to increase profitability, the availability and efficient use of the fleet of vehicles. eresource has an exclusive fleet management ERP system to offer for logistic industry. The system has been named as eresource 3GL is one of the comprehensive ERP software for fleet management systems , which can help fleet management companies gain upper hand in their operational methods.

What makes eresource 3GL special?

eresource 3GL addresses major challenges faced by fleet management industry today. Till now the industry has been lacked by a proper and effective ERP solution that could tackle their business challenges. With the introduction of eresource 3GL industry have found a suitable ERP system which suites their budget and requirements.

eresource 3GL is an exclusive web-based Transport ERP Software that can virtualize your fleet. It is an end-to-end solution integrated with required modules for fleet owners and operators allowing them virtual remote-control visibility and security in real-time over mobile resources.

Following are the some of the highlights eresource 3GL system.

  • The system can control increasing fleet running costs and fleet maintenance expenses, and maximize fleet utilization through multiple optimization techniques.
  • It enables to track vehicles in real-time and identify the location of a vehicle on a map.
  • Obtain real-time data feeds on performance of vehicular components, driving patterns, and cargo-hold parameters
  • Automation of dispatch of jobs.
  • Quickly respond to customer requests/orders
  • Provide customers with visibility into real-time order-fulfillment status, and forecast information of delivery timelines.

3GL ERP Software for Fleet Management can help you overcome overhead expenses, unexpected break-fix scenarios and downtime due to neglected fleet vehicles and equipment. The system serves as a ready resource for fleet maintenance history, fuel usage, and driver details also can be managed. Important areas such as vehicle insurance, asset management, tire management, inventory management, LR management as well as all expenses associated with operating your fleet of motor vehicles and other mechanical assets can be managed easily with the system.

eresource ERP for Fleet Management is a powerful business application that based on master configuration, which allows you to easily create individual vehicle configurations and maintenance plans.

Driver management module in the system will allow the fleet management companies to schedule and manage drivers efficiently. As the system will help you to track the time behind the wheel of each drivers and it can also watch that required breaks are taken and meet some regulatory requirements at the same time. Drivers are an important part of your fleet, and our system also helps you track their current driving licenses and accident rates.

One of the most useful benefits of eresource 3GL ERP software for fleet management is the ability to record and monitor costs to operate your fleet. Also can keep track of all maintenance record of each vehicles. It will be easy for you to see when one vehicle needs more maintenance than another and reason for this could be ascertained and proper measures could be taken to avoid such unnecessary expenses.

All together eresource 3GL is a unique web-based ERP software for fleet management and to get further information and a LIVE DEMO of the system you could write to us or call us today.

Also read – ERP for electronics

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Process Industry from eresource Life Science ERP

eresource, one of India’s leading Web-based ERP solution providers has developed exclusive ERP system for all industrial verticals including process manufacturing. Pharmaceutical organizations which falls under the process manufacturing are now served with an exclusively ERP solution, eresource Life Science ERP. Pharmaceutical organizations can now implement an exclusive cost-effective ERP solutions.

This system has been developed keeping in mind with requirement of midmarket manufacturers and distributors. Eresource Life Science is an ERP and eBusiness application designed specifically for process manufacturers Our system is priced to fit most budgets while delivering full ERP functionality. Our ERP system as the flexibility, scalability and ease of use that has demonstrated consistent ROI to its customers.

eresource products are developed on the cutting edge of sustainable technology with a continuous upgrade strategy to ensure that this ERP system is reliable for a long time usage. Customization and upgrades are possible whenever required and and a efficient technical backup from our professional development team is always at our customers’ service.

Quick implementation process

Guaranteed On-time implementation is one of our specialties. The clear structure of our system and sophisticated implementation strategies enables short implementation times. Through this quick methodical implementation the introduction periods are reduced marginally and the ROI (Return on Investment) is reached in a significantly shorter time.

Flexible ERP system

The high flexibility of eresource Life Science ERP system is exceptionally valuable for your company and its easy to user interface makes working method easy for your users. Our ERP system can provide a multifaceted optimization. The system, once implemented, can help increase productivity, improvement of operational transparency and service, increase in competitive strength, cost savings, and much more. These advantages can bring cost benefits in the user operation.

Customization facility

Eresource Life Science ERP system can be customized according to your requirement whenever the need arise. Customization process to be discussed with our technical team before it can be implemented in the system. Be it business processes, screens or database structures – your specific requirements can always be easily integrated into the system by our professional development team.

Experience the difference

In all counts eresource Life Science ERP system can adjust perfectly to suit your organizational structure. Once implemented the system will help your organization restructuring all your business process and this system can in big way help the organization achieve its business goal in every quarters of your organizational process. The value and usefulness eresource ERP system for process manufacturing industry will appreciate with each passing year. Being a pharmaceutical company you can be part of this growing success when your organization implement it.

Also read – ERP for Plastic industry

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Common ERP Myths

Common Myths of ERP (Enterprise Resource Planning):

There are a lot of ERP myths that surround the concept, infrastructure, implementation and practice of Enterprise Resource Planning. Very often people are not willing to adopt ERP because of these wrong notions. In this section we will see some of the most common myths about ERP and will try to demystify them.

ERP MEANS MORE WORK AND PROCEDURES

  • Properly implementing and managing an ERP system is not an easy task. The transition period from the traditional system or manual processing to ERP is difficult as new skills have to be learned; new procedures and processes have to be followed, and so on. Many employees think that ERP will add more work, make the work more difficult and will force unnecessary procedures. Transformation from the old system to the ERP system is a difficult process. However, if the management and the implementation team do their job properly, ensuring that the employees are told what to expect and given proper training, then the transition can be smooth. Once the employees get used to the new system, they will understand the potential benefits and the effort saved through automation of talks and jobs. Today’s ERP tools automate many of the repetitive, monotonous and tedious procedures, tasks and processes thus making the life of the employees a lot easier.

ERP WILL MAKE MANY EMPLOYEES REDUNDANT AND JOBLESS

  • Another popular misconception about ERP system is that its implementation will make many jobs redundant (because of the automation) and hence, many employees will lose their jobs. A properly implemented ERP system will automate many tasks in the organization. This does not mean that the ERP system will make people redundant. Yes, there will be changes in job descriptions and in the activities people used to do. Many tasks will be automated and this will make the people who were doing those jobs unnecessary. But ERP system also create new job opportunities and they very same people whose jobs were automated could be used to fill the new positions after giving them proper training on the new tasks. Hence, the amount of planning that goes into re-location and re-training of the employees by the management and the implementation team can go a long way in reducing the anxieties of the employees. ERP is a people system made possible by computer software and hardware.

ERP IS THE SOLE RESPONSIBILITY OF THE MANAGEMENT

  • Making an ERP system work is the responsibility of all the employees. It involves virtually every department and every person within the company. The company management is not responsible for the day-to-day operation of the ERP system. Their main job is to create an organizational environment in which ERP can thrive – give ERP the full backing of the management. They should also be involved in the development of ERP policies, usage guidelines, allocation of budget, package selection and appointment of competent professionals to implement and manage the ERP system. Only when the ERP team has the full backing and support of the management, they will be able to implement the system smoothly.
  • The management should monitor the implementation and operation of the system, review the progress and status periodically and should take necessary corrective action, if required. The management should also ensure that the ERP implementation team gets the support and co-operation of all the departments, But, thinking that the ERP system will succeed just because the management is fully committed to its implementation and operation is one of the biggest mistakes that an organization can make. In fact, it is the employees – the day-to-day users of the system – who will decide the fate of the ERP system. If the employees are not fully appraised, trained, satisfied and are not happy with the system and are not using it properly, then the ERP system will be a failure.

ERP IS JUST FOR MANAGERS OR DECISION-MAKERS

  •  The managers and decision-makers are the major users of the ERP system. They are the people who benefit the most from the properly implemented ERP system. They will have all the information they need at their fingertips for making informed decisions. The quality of the decisions and the speed with which the decisions are made are dramatically improved as the ERP systems provide high-quality, timely and relevant information. But every employee in an organization benefits from the ERP system. An ERP system gives the store clerk access to the inventory record and enables him to find out the exact quality of an item. It allows the production supervisor to plan his activities. It allows all employees to apply for leave, get loads approved, gets the travel expenses reimbursed and so on.
  • But for making the best use of the information processing power of an ERP system the users should be trained on how to make the best use of the various features available. If people are ignorant about these, they will find it useless and if they are not properly trained, they will find the experience frustrating and tedious. These people will not use the ERP system or if forced will use it but not to its fullest potential. They will see ERP as a waste of time and do it just because they are forced to do it. This hostility towards ERP can be eliminated if the users are properly educated and make aware of the benefits of the ERP system.

ERP IS JUST FOR MANUFACTURING ORGANIZATIONS

  • This assumption is basically due to the way in which ERP was historically developed from the methods of Material Requirement Planning (MRP) and Manufacturing Resource Planning (MRP II), which are relevant to manufacturing organizations. In the manufacturing industry, MRP became the fundamental concept of production management and control in mid 1970s. At this stage BoM (Bill of Materials), which is purchase order management that utilizes parts list management and parts development, was the prevailing trend.
  • And this concept unfolded from order inventory management of materials to plant and personnel planning and distribution planning, which in turn became MRP II. This incorporated financial account, human resource management functions, distribution management functions and management accounting functions and came to globally cover all areas of enterprise mainstay business and eventually came to be called ERP. But in reality the concept of enterprise-wide planning of resource is not limited to any particular segment of industry.

ERP IS JUST FOR ERP IMPLEMENTATION TEAM

  • The ERP implementation team usually consists of outside consultants, vendor representatives and select group of employees. But once the implementation and under training is over, the consultants and vendor representatives will leave. Then it is the responsibility of each and every employee of the company to use the ERP system properly and to make the best use of the new features and facilities.

ERP IS JUST TO IMPRESS CUSTOMERS

  •  It is true that a properly implemented ERP system can help in serving the customers better as it helps the organizations to react faster, respond better and deliver high-quality products and services at astonishing speeds. This improved efficiency and quality will go a long way in improving customer goodwill and customer relations. So with an ERP system you get more satisfied customers, but that is only one of the advantages of an ERP system.

ERP PACKAGE WILL TAKE CARE OF EVERYTHING

  •  ERP is not a silver bullet or a cure-all. Yes, a properly implemented, operated and maintained ERP system can dramatically improve productivity, automate tasks, reduce wastage and improve profits. But an ERP system needs people to operate, use and maintain it. If the employees are not interested in using the ERP system or are using it improperly, if managers are not making use of the decision-making capabilities of the system or if the system is not maintained properly, then the ERP will not deliver it promises.
  •  It is a fact that the ERP tools have evolved over-time and have now become very sophisticated. Today’s ERP tools automate most business function and processes thus making the lives of the users a lot easier. But thinking that the ERP tools will take care of everything can be a recipe for disaster. There are many business activities that need human intervention and judgment. While the ERP tools make these jobs easier, there is no substitute for human intelligence and decision-making.

Also Read – Construction Management ERP

ONE ERP PACKAGE WILL SUIT EVERYBODY

  •  There are hundreds of ERP tools available in the marketplace. These tools differ in features, capabilities, size, functionality, price, technical support, customizability, scalability etc. The organizations are also different from one another. Each has its own characteristics and identity. Assuming that one tool will be suitable for all organization is wrong. Selecting and purchasing an ERP tool without analyzing whether it is suited for the organization will have disastrous consequences.
  •  For an ERP implementation to be successful, the tool that is implemented should be compatible with organizational culture, practices and procedures. So when purchasing an ERP package proper attention should be given to the selection of a tool that is best suited for the organization.

ERP IS VERY EXPENSIVE

  • ERP packages come in all shapes and sizes. The sophisticated and high-end ERP tools are very expensive. ERP system needs people to manage it. Thus implementing and managing an ERP system is an expensive affair. But these expenses should be weighed against the benefits of the ERP system.
  •  An efficient ERP system will increase the productivity of the human resources, shorten development and change cycles, streamline the production process, reduce errors by automating the monotonous and repetitive tasks, enable the better management of projects by providing quality information, improve customer satisfaction by resolving problems quickly and so on. When the benefits of the ERP system are considered, it becomes evident that the money spend on ERP is well spent and the ERP system will pay for itself.

ORGANIZATION CAN SUCCEED WITHOUT ERP

  •  Before the advent of ERP, organizations were run manually. So, do we need ERP in order to succeed? If an organization is very small in size, caters to the niche market and has very limited scope, then it can sometimes succeed without ERP. But today’s organizations are becoming large and the products are becoming more and more complex in size, sophistication and technologies used. Also, a single group does not necessarily build the different components of a product.
  • This is the era of multi-site, distributed production, where different groups situated in different parts of the world develop the components of a system. In such a scenario, managing the activities of an organization is a very complex task. If proper control mechanisms and procedures are not in place, very soon the operations can get out of control and products and organizations can fail.

Also Read – ERP for packaging industry