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Ask the Experts
A smart, flexible ERP system that streamlines every part of your business.
Ask the Experts
A smart, flexible ERP system that streamlines every part of your business.
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What are the various pre-requisites of ERP?
Pre-requisites of ERP Let us understand and describe the essential cultural elements based on best practices to make ERP a great success. 1) Highly customer focused environment. 2) Hierarchy and boundary less structure with empowered employees. 3) Well desired process based activities. 4) Responsible and accountable process ownerships. The absence
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What does the term ‘Best Practice’ mean in ERP context?
The best practice in ERP can be defined as the utilization of fundamental set-ups to the maximum possible to produce the desired performance in terms of ‘customer focus, zero waste of all the resources and value creation’. Tangibly, it leads to increase in quality and service, and reduction of cost
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What is an ERP software license means and how to own it?
An ERP software can be termed as consumer software and this enterprise application software is typically not bought and sold instead it is licensed for use. It may be licensed to be used by a company, on a particular computer or by other criteria such as number of users. Buying
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What is bolt-on?
Bolt-on is an artificially intelligent, comprehensive execution system providing very specific functionality or technology to complement ERP systems. Bolt-ons employ client-specific business rules to meet unique needs. There are many useful applications of this type. The usual means of connection to other organizations with ERP systems is through software components.
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What is cloud computing and how it is related with eresource ERP?
If you ask the question what is cloud computing means, there are chances that you may get different descriptions from each answers. Cloud computing in simple terms means you will be able to work on a computer without having to install or buy a software which is has been developed
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What is data mining?
Data Mining – Powerful systems for collecting data and managing it in large databases are already in place in most large and medium-scale companies. However, the bottleneck of turning this data into your success is the difficulty of extracting knowledge about the system that you study from the collected data.
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What is ERP enabled Business Process Reengineering (BPR)?
Business Process Reengineering (BPR) is the fundamental rethinking and radical redesign of business processes of an organisation to achieve dramatic improvement in critical contemporary measures of performance such as cost, quality, service and speed. In simple terms, the process of examining current processes and redesigning them to increase an organisation’s
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What is ERP II? Can eresource ERP be placed in ERP II category?
ERP II is a solution that includes the traditional materials planning, distribution, and order-entry functionality strengthened by capabilities like customer relationship management (CRM), human resources management (HRM). Such a ERP system can quickly, accurately and consistently operate an entire organization. It delivers information in an instant to the people who
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What is the impact of ERP in an organization?
Impact of ERP – The implementation of ERP turns out to be a challenge for many enterprises, but their chances for success are greater if they get to implement it rightly. Nowadays, many ERP solution providers are reducing their prices and make the products more accessible to all industrial segments.
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What is lead time and how the inventory management is maintained?
Lead Time and Inventory Management Lead time is the time that elapses between the placing of an order (either a purchase order or a production order issued to the shop or the factory floor) and actually receiving the goods ordered. If a supplier (an external firm or an internal department
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Why it is not advisable to have an in-house developed ERP?
Operational and Financial Drawbacks of In-House ERP We must understand that the development of ERP is not like other software development projects, which are normally carried out focusing on automation. We find such serious mistakes being committed by some big and small companies in India. The EDP department in most
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Why some people think ROI on ERP is low?
ROI on ERP: Organisations should not wait for an embarrassing and potentially devastating event to find out that security controls in their ERP systems are inadequate. To overcome this risk, organisations need to implement an appropriate access strategy. As businesses grow, information systems support whole communities of users like customers,
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Will just implementing an ERP system solve my business worries?
No software, including even an ERP system, will solve your problems unless the system is used in a proper manner. What is to be remembered is that ERP is a tool and not a magic wand. Therefore, the tool must be used properly if you expect any result from it.
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Why it is recommended to change business practice to suit the ERP software rather than customizing the software?
The Strategic Advantage of Aligning Business Processes with ERP Standards Before implementing ERP software, the organisation needs to analyse current processes, identify non-value-adding activities, redesign the process to create value for the customer, and then develop an ERP system package to suit the organisation’s requirements. A key contribution of ERP
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Which companies implement ERP and will it be useful to pursue training in ERP?
Training in ERP Various businesses, large and small, have implemented Enterprise Resource Planning (ERP) systems. ERP software supports the distribution of information between various functional departments and geographic locations of a company. ERP systems currently exist in many different forms and offer many different features. Many manufacturing, pharmaceuticals, Construction, Trading,
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Understanding data migration process
Data migration is the process of moving required volume of data from existing systems to new systems. Existing systems can be anything from custom-built IT infrastructures to spreadsheets and standalone databases. migration of data encompasses all the necessary steps to cleanse, correct and move data into a new system. Technological
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There is a feeling that ERP may lead to unemployment, Is it right?
ERP may lead to unemployment? As you are aware that with a successful ERP in place, information will be freely available and any casual user can very easily generate any ad hoc queries or reports. The system will automatically check for the compliance for most of the standard rules. As
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How is technology helpful in the ERP selection criteria?
ERP Selection Criteria – The question should address the company’s business needs and concerns and each issue or question should be given a weight according to how critical that function is for the company. For example, if the company has offices in different countries, then the capability of handling multiple
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What are the tangible and intangible benefits of ERP system?
Tangible and Intangible benefits of ERP system? Tangible benefits are those measured in monetary terms and intangible benefits cannot be measured in monetary terms but they do have a very significant business impact. The tangible and intangible benefits are discussed below : Tangible benefits >> Improves the productivity of processes
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What is meant by stabilization period in ERP implementation?
Stabilization period in ERP implementation – After an ERP system goes live there is what has been referred to as a “stabilization period” that typically lasts three to nine months. During that period most companies should expect some dip in their business performance and should expect that they will need
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