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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 reasons for the growth of ERP Market in India?
The ERP market in India has been growing steadily in recent years. This growth mainly happened because older systems couldn’t handle the change to the year 2000. Other factors, such as adopting industry best practices, faster implementation, and better cost predictions, have also played a role. Many businesses that already
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What is the ROI potential for eresource ERP system?
ROI and ERP If your business is suffering due to customer complaints about poor service or finding difficulty in expanding the business due to your outdated information system it is time you must go for implementation of eresource ERP. eresource ERP system will help deliver solid customer satisfaction by automating
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What is Vendor-Managed Inventory (VMI)?
Vendor-managed inventory (VMI) is a process where the manufacturer generates orders for the distributor based on demand information sent by the distributor using Enterprise Resource Planning (ERP) system. During this process, the manufacturer is guided by mutually agreed objectives for inventory levels, fill rates and transaction costs. VMI is a
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What makes dot net application compatible to ERP?
Be it enterprise resource planning or software programs the chances of errors are often very high. These errors not only undermine the working of the software but also disturb the whole process in an organization. No platform (including dot net ) can be guaranteed for controlling errors. However the unique
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What is the basic structure of a good ERP solution?
Basic structure of ERP ERP is the part of the interlinked processes that make up the total business and financial impact. Almost all the typical application systems are nothing but the data manipulation tools. They store data, process them, and present them in the appropriate form whenever requested by the
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What makes web-based ERP more ideal than server based solution?
Organizations 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 organizations need to implement an appropriate access strategy. As businesses grow, information systems support whole communities of users like customers, suppliers, partners and
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When is the time for a company to think of ERP implementation?
With the information technology evolution, most of the companies have started using software application for their business operational purpose. However, these applications were all created for a common use and not particular purpose. Over the time companies have realized the shortcomings in these applications that advertently affecting their business process.
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Who are ERP package vendors and what is their role?
Vendors are the people who have developed the ERP packages. They are the people who have invested huge amounts of time and effort in research and development, to create the packaged solutions. If one studies the history of ERP software packages and finds out how each package evolved, then it
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Why can’t companies develop their own ERP packages?
Developing an ERP package is a very complex and time-consuming process that requires a lot of skilled manpower and other resources. Many companies have personnel on their payrolls who can absorb the necessary knowledge and who have experience in developing sophisticated systems. The problem is that ERP package development is
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Why ERP is considered to be the backbone of e-business?
Backbone of e-business: Business enterprises in India are in the process of a major transformation due to globalization and the deregulation of Indian economy, coupled with fundamental changes in the business models due to the emergence of Information Technology based business practices. Most of the enterprises in developing countries, such
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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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