ERP implementation and ROI it is not only the successful implementation of ERP is the prime objective of eresource project management team, but also to help achieve a return on investment (ROI) in the shortest possible time. Return on investment does not just imply in terms of financial gain. It can be in terms of the growth in productivity, efficiency, or in terms of overall improvement in the performance of the company or even to the extent of better transparency in the operations being carried out by the firm and of course, the satisfaction of the users. eresource ERP implementation also results in bringing together various sections of the organization like personnel, material and processes. This may help change the organization’s working culture. Also Read – Construction ERP Software in UAE Issues in ERP implementation Every organization has its own cultural or organizational structure. In this situation, it is natural for them to be sceptical about ERP, since it is felt that their businesses are unique, organizations varying and cultures different. However, there is no need of such concern as eresource ERP package has been designed and is being continually upgraded to incorporate the best industry practices to suit most industry segments. With thorough and dedicated BRP study and adapting those changes in the business process well before implementing the eresource ERP shall help make things smoother. It is therefore recommended that this methodology is followed; otherwise there is chance that most of the time users are left frustrated. This leads to poor participation and costly delays. It is important to understand that an ERP packages not necessarily fit in completely with the existing business practices of most organizations and hence, the onus is on the users to appreciate this fact and to work with the implementation consultants in trying to adapt to the package. In doing so, they don’t have to feel that they are compromising on their business effectiveness; rather, by accepting the package, they are adopting the best of breed business practices and ensuring the successful implementation of new system. Also Read – ERP Software Company in India The other important factor is that the users do not expect a reduction in their workload immediately after the implementation of ERP and should not look for a miracle to happen. An ERP package is only an enabling tool and improves the flow of information and formalizes all the business processes and workflow that exists in an organization. It helps users to do their jobs better, which may call for additional efforts. If one has to have more information in a system, it entails more work for more users, but the benefit is that this information is properly stored and can be fruitfully uses by other users in making better decisions. As the flow of information throughout the organization improves, the company starts performing better and this in turn benefits the users who have collectively improved their way of working. The package design and the architecture facilitate the availability of information to all authorized users in a useful way. Also Read – Manufacturing ERP Software in UAE
eresource ERP Payroll Software: eresource ERP for Human Resource Management is a suite of integrated solution, designed to facilitate HR operations by reducing time-intensive administrative tasks and lowering costs by deploying self-service applications. This module equipped with a complete payroll solution. This simple to use, web-based ERP package can handle complex payroll requirements. eresource ERP payroll software consists of Salary management, statutory reporting and attendance management for salary calculation. eresource ERP solution offers many different sub-systems under the HR module. Listed below are some of the most common sub systems. 1. Personnel Management: The personnel management comprises of HR master-data, personnel administration, recruitment and salary administration. 2. Organizational Management: Organizational management includes, organizational structure, staffing schedules & job description. 3. Payroll System: Salary management, statutory reporting, attendance management for salary calculation. 4. Time Management: Time management includes shift planning, time recording, absence & leave management. 5. Personal Development: This section comprises of training and event management, additional training determination and training assessment. Also Read – ERP System for Construction Industry
Indian ERP Market growth – ERP has changed the way businesses were conducted in India. More and more organizations are implementing ERP solution. Integrated ERP solutions optimize resource utilization by providing up-to-the-minute information on demand for quick decision making. Industries that successfully implement ERP can enjoy an overall cost reduction for business, an increase in per capita productivity, quick response times, lower inventory levels, and better customer orientation, all of which lead to higher customer satisfaction. ERP implementation has also helped many organizations in India achieve great improvement in their management and operational control. ERP, which is much more than computer software, has changed functioning of the business environment in India and ERP solution is becoming indispensable in today’s business set up. India’s economic growth, in terms with the country’s exposure to intense global competition, has demanded the necessity for the implementation of ERP; of course, certain operational, financial, and psychological resources are required to satisfy these needs. Earlier, the majority of ERP systems have been focused on larger establishments. It was due to the high cost involved in the implementation of ERP system. With the introduction of low-cost ERP systems such as eresource ERP the smaller organizations also started benefiting from the advantages of this enormous business solution. As the Indian market seems to be very encouraging for ERP implementation, the organizations must pay attention to the time-frame deployment. The structured implementation programme can speed up system deployment and return on investment. (Read: eresource ERP’s On-Time Implementation). Though there are many big companies yet to implement ERP system, it can be assumed that that they will go for it in a near future. That will surely lift the Indian ERP market growth rate somewhere near the industrial growth rate. Automotive, Steel, Consumer Durables, Engineering and Manufacturing industries have shown a very high ERP penetration, which shows that these industries represent the greatest potential market in the coming days and we are optimistic that others will follow. Also Read – ERP Software in Nigeria
ERP Market in India ERP Market growth in recent times, the ERP scenario in India is witnessing rapid growth. Several manufacturing firms, automotive, steel, oil, textile and pharmaceutical companies have already implemented ERP solutions thus making ERP dominate the overall picture in these organizations. For the early adopters of ERP solutions, Finance and Accounting, Sales and Distribution, Materials Management/Purchase, and Manufacturing are the most popular ERP modules implemented. In recent times Plant Maintenance, HR, Transportation and Service modules are also growing in popularity. We find different industrial sectors like the cement sector, power sector, and food sector are going for ERP solutions. The construction or project companies have also implemented different ERP solutions suitable to their needs. Currently, the SME segment in India has been one of the most aggressive adopters of ERP software. In fact almost 60 per cent of companies in the SME segment have already implemented ERP. This substantial increase in the penetration level in the SME segment is attributed to the introduction of low cost ERP solutions such as eresource ERP which also caters the country-specific localizations and the availability of a large pool of skilled functional and technical talents. The primary objectives that the SMEs have for switching to ERP is to get aid in smooth inventory management, timely scheduling of production cycles and shipment of goods, managing human resources and online data communication. According to estimates, the ERP market in India has witnessed a growth rate of 70 per cent in the last decade. As a result, the market has leapfrogged over the years to a tremendous volume in terms of monetary gains. Many reports underlined the tangible quantitative benefits accrued by Indian companies in the post-ERP implementation era. Most of the time these benefits are difficult to prove on statistical grounds as soft benefits like comfort in work life, maturity in planning, attitude changes, transparency, visibility etc are either practically impossible to measure or correlate such improvements to ERP implementation. Companies are supposed to set their objectives before implementation followed by measuring the achievements after implementation, and only then should they conclude about the effects of ERP. Call +91 77389 72222 or Email us at info@eresourceinfotech.com for FREE Online ERP Software demo!
Demand grows for ERP there is no doubt that the Enterprise Resource Planning (ERP) systems are in great demand today. Industry analysts are forecasting growth rates of more than 30% for at least the next five years. According to a study conducted on ERP solution, corporate growth has been indicated as the most compelling driver for adoption of ERP amongst senior management respondents. Improved customer service, efficient distribution system, and reduced operation expenses are some of the other important business imperatives that are driving top management to implement ERP solutions. Majority of CEOs/Senior managers share the same view that ERP is an important tool to achieve competitive advantage. Following are some of the major factors of ERP popularity. ERP enables improved business performance through cycle time reduction. Cycle time is the time available at each station for the performance of the work allocated or the time elapsing between completed units coming of an assembly line. It also helps in increased business agility, inventory reduction and order fulfillment improvement. ERP supports business growth requirements through new products/product lines, new customers, global requirements including multiple languages and currencies. ERP provides flexible, integrated, real-time decision support in improving responsiveness across the organization. ERP eliminates the limitations of the legacy system such as fragmentation of data and process, inflexibility to change and insupportable technologies. ERP takes advantage of the untapped mid-market (medium size organizations) through increased functionality at a reasonable cost. These are some of the reasons for the explosive growth rate of the ERP market. As more and more companies are entering into the market, the ERP solutions providers are facing a competitive market which brings out the best in them. Initially the huge cost involved in the implementation of ERP solution has kept many medium scale industries away from it. However, with the introduction of affordable ERP solutions like eresource ERP, which is basically intended to serve the small and big players in the field alike, is bringing good benefit for Indian SMEs. This also contributed to the growth of ERP demand in the Indian market. Also Read – ERP system for Construction Industry
eresource ERP for Manufacturing is a Global Business : Speed of information flow has made manufacturing a global business. Coupled with advertising, the ability to move information at the speed of light has opened up all corners of the globe to makers of all products. The computer has changed the way we conduct our businesses. It has also allowed small companies to become giants in their industries by giving them the greatest. Mid-sized companies have access to the same quality of information as the giants in their fields. The question is no longer, where can I get the information I need? The question is now, what do I do with all the information I have? There are many computer programs designed to convert data into information, usually for a specific purpose or function. Shop floor workers need one level of information, in real-time, about the process or production; executives need a different view of that data for long-range planning and short-term deployment. Same data; different information. Data mining and data warehousing applications involve this aspect of information development. Databases are becoming larger and larger as companies find more and more data to store. Answering that call, software developers have looked for ways to bring many divergent requirements under a single, if huge, umbrella program called enterprise resource planning or ERP. What ERP strives to do is combine the needed functions of every application a company requires to do its job and integrate them all together. Also Read – Best Trading ERP Software ERP allows companies to balance customer demands impacted by multiple interrelated items and multiple plant locations. ERP adds applications for financials, supply chain, and distribution and requirements planning for multiple sites. It facilitates intelligent resource planning in the face of rapidly changing constraints such as materials availability, market readiness, plant capacities, personnel certification and business costs per location. In short ERP systems will allow decision makers to champion ‘an intelligent, agile and responsive organization in the global marketplace of the next century.’ In modern manufacturing operations, information starts at the top and the bottom simultaneously. Data originates at the machines, the process and the workers. It indicates what is being made, how and where, when it will be done, and why it won’t be on time. ERP also can make a difference at the shipping and distribution end of a company. Shipments can go direct, and are therefore smaller and cheaper. In addition, there’s no need to stock materials or finished units, so stocks don’t become obsolete and have to be written off. Even before the manufacturing operation gets involved, information is necessary, such as in the sales effort. As the pace of the typical sales cycle increases and the ability to access more information increases, information systems must be able to keep pace and even improve the process. The most valuable information to our overseas people is product and customer information. It is exceedingly important for all sales people to have a complete view of all activity that occurs with a customer. This would typically include sales history, but now must include trouble calls, service requests, repairs and any other activity from general questions to product inquiries. ERP is not confined within the walls of a single entity. With the web-enabled ERP such as eresource ERP, data flows go out to suppliers and vendors, customers and prospects. What you find out can be shared with another person or even millions of people at the same time you learn it yourself. Design and product development can be a collaborative process without barriers of space and time. Groupware, data management and communications combine to allow everyone to sit in the same office, regardless of where they are physically located. eresource Infotech’s web-based ERP and its e-mail alert capabilities have exploded onto the scene as mandatory business requirements. It has helped even the playing field to a point where the size of a company is far less apparent and in some cases unimportant. The Web-based ERP offers a great resource and network capability that allows to puts more product information and customer service information in the hands of customer. The organization can also offer direct ordering of products and services and traditional order management services through the Web-based ERP Software Solution and improve the customer interaction. This should ultimately lessen the cost per order and allows the organization to focus more on customer grievances and less on traditional tasks. Thanks to the emergence of cutting-edge global IT solutions such as ERP, manufacturers have a better-than-ever chance of keeping up with the increasing demands their customers are putting on them. Also Read – ERP for Plastic Manufacturing Industry
ERP software for Process Manufacturing sector such as Pharmaceutical, Chemical, Fertilizers, Pesticides and others are faced with new challenges and opportunities as they strive to keep pace with the rapid changes taking place worldwide in the Information Technology field. Here are some of the challenges faced by process industry sector: The process of forecasting for these industries are quite complex as the same depends on season, market segment, brand etc. There is a strong requirement from the sophisticated forecasting system from the business application, which will be able to perform demand planning with the help of numerous statistical models. Process industry is characterized by the presence of items, which have both Dependent and Independent demand. Managing production of those items is a big challenge. Quality at source is extremely important. ERP can help in this regard by making integrated sophisticated quality management modules, which monitor quality by use of control plans in purchasing and manufacturing. There is a strong requirement for a comprehensive ‘yield monitoring system’. Here, the use of ERP becomes very effective since, business application can perform online yield monitoring with drill down facilities to quickly diagnose causes of variances (like root cause of low yield and scenario creation for identifying the right improvement initiatives). The completion of new product development projects may take years. The ability of business applications to help in concurrent engineering and efficient project management will not only help to crash the development time but will also help closely monitoring such initiatives. Being asset intensive, process industries are in great need of business applications, which will help in incorporating modern maintenance management techniques. This will increase the uptime of equipment’s while increasing the overall health of the machineries. From the delivery side they are normally characterized by an extensive distribution system such as having many depots, dealers etc. The new generation business applications can influence the management of stock at these stock points by minimizing stock outs and reducing the overall inventory levels. Sometimes, the stocks in the distribution network are a cause of considerable worry for the organizations. Managing the inbound and outbound logistics becomes a key challenge. eresource ERP is equipped with suitable modules to meet all the challenges faced by process industry sector. eresource ERP software meets its customers’ need by providing cost-effective solutions without any compromise on quality, performance and functionality. Also Read – ERP system for Construction Industry
Automotive Industry sector has been dynamic in inventing new manufacturing strategies owning to prevailing high level of competition. With this scenario the challenges faced by Original Equipment Manufacturers (OEM) have also multiplied over the years. Customers are demanding individualized final products. This is especially true of the OEM. While the organizations will have some standard base products, the total number of options that they have to offer to the consumers should be plenty. ERP Software will allow management of these configurations. Through the supply chain there is need for innovation and new product development with much reduced life cycle for development. Hence, the NPI (New Product Introduction) will greatly help in promoting concurrent engineering. Automotive industry is characterized by the presence of dedicated customer-supplier relationships and the competition in the market is between supply chains and not individual organizations. Hence, supply chain efficiency is thus very important. The principles of Just-in-Time (JIT), Lean Manufacturing and others become very important here. ERP will help in promoting these concepts. Another challenge faced by automotive industry is the pressure to reduce delivery time and cost. A comprehensive supply chain solution that crosses the organization boundaries (B2B) is required. Different elements of the supply chain interact very closely. Quality Management module with support for advanced features like TQM will help to promote quality at source. This receives significance owing to the continuous pressure exerted to cut cost and improve quality. As the automotive market is extremely price sensitive, the features of comprehensive costing and kaizen costing will be of special relevance here. Understanding the accurate cost of manufacturing and identifying all potential areas for reduction of costs is one of the keys to success. Also Read – ERP System for Construction Industry
ERP Software for Lean Manufacturing: Lean manufacturing organization the world-class practice believes in the common language within an organization. This culture is predominantly observed in lean enterprises, thus resulting in the best fit for the ERP environment. A lean organization has detailed specifications of all the actions required to bring a product from concept to launch, from order to delivery, and from raw materials to finished product that goes into the hands of the customer and throughout it useful life. This takes care of perfect and complete data sets availability to load into ERP for accurate estimations and recommendations. The lean organization believes in absolutely flat organization structure with empowered employees. The structure is purely based on process, and for at all on functions. Every business process or sub-process exists to provide a needed product or service for a defined customer. These products and services are produced within the process according to the defined requirements, rules, or constrains. The process requires materials and information, which are provided by suppliers, and consumes the resources allocated to the process. Since ERP conceptually integrates the process and not the functions, this process-based culture is the primary criteria for ERP fitness. The main job of ERP in such environment is to replace all these processes into a seamless flow of information. ERP software for lean Manufacturing thus provides authority of getting all the information about the organization to all the users. No constraint like confidentiality, hierarchy, or authority exists. Hence the right of information seeking is never questioned. Every employee is motivated to browse, analyze and comment on the performance of the organization through the ERP system. Thus ERP expects an employee to be much more matured and accountable with resource of the organization. ERP calls traditional purchase person as Buyer and a buyer is expected to have four types of skills like Technical skills, Commercial skills, Negotiation skills and Integrated planning skills. ERP assumes this type of empowered people as users and then further helps them take accurate and cost effective decisions in their daily transactions and planning. The best practice of ERP here could be to share all the information of the organization to the entire set of users without any obstacles to facilitate both productive and best mixes of planning decisions. Also Read – ERP Software Company in India
User-driven ERP Implementation: User driven project every organization has its own cultural or organizational structure. In this situation, it is natural for them to be sceptical about ERP, since it is felt that their businesses are unique, organizations varying and cultures different. However, there is no need of such concern as an ERP package has been designed and is being continually upgraded to incorporate the best industry practices to suit most industry segments. With thorough and dedicated BRP study and adapting those changes in the business process well before implementing the ERP shall help make things smoother. It is therefore recommended that this methodology is followed; otherwise there is chance that most of the time users are left frustrated. This leads to poor participation and costly delays. It is important to understand that an ERP package not necessarily fit in completely with the existing business practices of most organizations and hence, the onus is on the users to appreciate this fact and to work with the implementation consultants in trying to adapt to the package. In doing so, they don’t have to feel that they are compromising on their business effectiveness; rather, by accepting the package, they are adopting the best of breed business practices and ensuring the successful implementation of new system. The other important factor is that the users do not expect a reduction in their workload immediately after the implementation of ERP Software and should not look for a miracle to happen. An ERP package is only an enabling tool and improves the flow of information and formalizes all the business processes and workflow that exists in an organization. It helps users to do their jobs better, which may call for additional efforts. If one has to have more information in a system, it entails more work for more users, but the benefit is that this information is properly stored and can be fruitfully uses by other users in making better decisions. As the flow of information throughout the organization improves, the company starts performing better and this in turn benefits the users who have collectively improved their way of working. The package design and the architecture facilitate the availability of information to all authorized users in a useful way. Also Read – ERP Software for Furniture Industry Another important factor is the role of the consultant. The consultants by virtue of their industry experience and package expertise can help set the expectations of users at various levels keeping in mind the overall business objectives of the client. But it is also important to remember that a consultant is an external agent and all the business process of the organization is more akin to the management team and the users than the consultant. The consultant however, can work closely with key users, understanding their needs, analyzing the business realities and designing solutions that meet the basic objectives of the company. They, then, have to impress upon the users that individual needs can be met by keeping the organization’s needs in mind. It is the responsibility of the consultants and management team from the organization to guide them in this task and facilitate the overall implementation process. In essence, ERP implementation is predominantly a ‘User Driven’ project. Also Read – ERP Software Company In India
ERP HR Software can accelerate business growth. When an organization deploys ERP solution expectations are bound to run high as all the manual processes are automated, production scheduling is more efficiently managed and inventory is more accurately assessed. We have time and again emphasized the objectives of eresource ERP. Our prime objective is to give the Midmarket organizations an effective ERP solution which after implementation can measure the business performance more holistic fashion than ever before. Our system gives executives real-time visibility into all business processes, enabling them to make better strategic decisions. In short, with eresource ERP system, a midmarket company can compete more aggressively in global markets. Implementation of eresource ERP can reduce costs in three primary categories such as inventory costs, manufacturing operating costs and administrative costs. Our system has its fingers in all aspects of running a business; its benefits are myriad and go beyond tangible cost reductions. It can improve an organization’s customer service and response time when solving issues. It can solve issues of interoperability among multiple manufacturing locations. It can standardize and accelerate manufacturing processes in all of a company’s manufacturing sites. It can streamline a manufacturer’s order-fulfillment processes. It can facilitate connecting with partners’ and suppliers’ enterprise systems. The biggest advantage of eresource ERP is that it is fully web-enabled ERP solution. eresource allows software capabilities to be easily connected and reused, making it quicker and cheaper to assemble, deploy and sustain enterprise-grade technology. With eresource, organizations can more quickly adapt to changing business processes. Several midmarket enterprises have already implemented eresource ERP started enjoying the benefits out of it. The latest and greatest thing to hit midmarket ERP is on-demand delivery of ERP applications. eresource ERP also offer on-demand in addition to filtered ERP options. Filtered ERP or subscription-based pricing of eresource ERP solution will be particularly appealing to midmarket organizations with minimal IT budgets and on-site resources. They can also help organizations react more quickly and with less disruption to structural changes within the company and changes in the market. What is to be cautious about the selection of an ERP system is, before you commit to any ERP system, you should first evaluate the system such as what your organization needs and wants to accomplish with its ERP strategy. The outcome of this evaluation will help you determine which applications and what kind of functionality your organization requires as well as go a long way toward easing the implementation Also Read – ERP Software Company in India
MPS Module in ERP Software Master Production Scheduling (MPS) is defined as an anticipated build schedule for manufacturing end items or product options by quantity per planning period. It represents what the company plans to product, expressed in specific configurations, quantities and dates. Sales Operations Planning (S&OP) process authorizes MPS module various products that should be translated into the MPS. Thus, MPS is a listing of the end items (products) or major sub-assemblies (standard modules) which are to be produced in known quantity and when they should be ready for ship meant or further value addition. MPS is a logical representation of information for decision-making. It is what the firm or plant expects to product in the short run. Each individual MPS has a supporting BOM or Formula defining the components needed to product the planned quantities of the end item. Thus, MPS becomes the inputs to MRP. MPS module in ERP provides the intelligence to interpret the signals it gets from sales and forecast to think of alternative means of satisfying customer demands, and to make adjustments in capacity, inventories and so forth, and allow the company to serve the customer without imbalance between supply and demand. Also Read – ERP Software for Manufacturing Here are the objectives of eresource ERP MPS module: Development data (MPS) to give detailed planning (MRP II) Provide devices to reconcile customer’s desires with plant, material and vendor capabilities. Furnish means to make reliable delivery promises and to evaluate the effects of schedule changes. Coordinate plans and actions of all organization functions and measure their performance. Provide management with means to authorize and control all resources needed to support integrated plans. Schedule production orders and purchase orders for MPS items. Also Read – ERP Software for Construction MPS also have other two principal functions. These are: To serve as bases for planning material requirements, production of components, order priorities, and short-term capacity requirements. The function relates to the ‘firm’ period of the MPS, which is usually equal to the sum of production lead-times from release of purchase requisition to completion of MPS level items. To serve as bases for estimating long-term demands on company resources such as people, plant and equipment, warehousing and capital. Mail Us at sales@eresourceinfotech.com for Live ERP Software Demo
MPS Module in ERP MPS Module in ERP Software Master Production Scheduling (MPS) is defined as an anticipated build schedule for manufacturing end items or product options by quantity per planning period. It represents what the company plans to product, expressed in specific configurations, quantities and dates. Sales Operations Planning (S&OP) process authorizes MPS module various products that should be translated into the MPS. Thus, MPS is a listing of the end items (products) or major sub-assemblies (standard modules) which are to be produced in known quantity and when they should be ready for ship meant or further value addition. MPS is a logical representation of information for decision-making. It is what the firm or plant expects to product in the short run. Each individual MPS has a supporting BOM or Formula defining the components needed to product the planned quantities of the end item. Thus, MPS becomes the inputs to MRP. MPS module in ERP provides the intelligence to interpret the signals it gets from sales and forecast to think of alternative means of satisfying customer demands, and to make adjustments in capacity, inventories and so forth, and allow the company to serve the customer without imbalance between supply and demand. Also Read – ERP Software for Manufacturing Here are the objectives of eresource ERP MPS module: Development data (MPS) to give detailed planning (MRP II) Provide devices to reconcile customer’s desires with plant, material and vendor capabilities. Furnish means to make reliable delivery promises and to evaluate the effects of schedule changes. Coordinate plans and actions of all organization functions and measure their performance. Provide management with means to authorize and control all resources needed to support integrated plans. Schedule production orders and purchase orders for MPS items. Also Read – ERP Software for Construction MPS also have other two principal functions. These are: To serve as bases for planning material requirements, production of components, order priorities, and short-term capacity requirements. The function relates to the ‘firm’ period of the MPS, which is usually equal to the sum of production lead-times from release of purchase requisition to completion of MPS level items. To serve as bases for estimating long-term demands on company resources such as people, plant and equipment, warehousing and capital. Mail Us at sales@eresourceinfotech.com for Live ERP Software Demo
eresource ERP’s strength: Information accuracy and decision-making capability MPS Module in ERP Software in TODAY’s competitive business environment the key resource of every organization is information. If the organization does not have an efficient and effective mechanism that enables it to give the decision-makers the right information at the right time, then the chances of that organization succeeding to the future are very remote. The three fundamental characteristics of information are accuracy, relevancy and timeliness. The information has to be accurate, it must be relevant for the decision-maker and it must be available to the decision-maker when he needs it. Any organization that has the mechanism to collect, collate, analyze and present high-quality information to its employees, thus enabling them to make better decisions will always be one-step ahead in the competition. In the changing business environment, the time available for an organization to react to the market trend is very short. To survive, the organization must act quickly, gathering and analyzing the data – both internal and external. Any mechanism that will automate this information gathering and analysis process will enhance the chances of the organization to beat the competition. Major drawback of the legacy systems was that they did not have an integrated approach. There will be an accounting system for the finance department, a production planning system for the manufacturing department, an inventory management system for the stores department and so on. All these systems will perform in isolated. So if a person wanted some information, which has to be derived from any of these two systems, he has to get the necessary report from both systems and then correlate and combine the data. An organization cannot function as islands of different departments. The production planning data is required for the purchasing department. The purchasing details are required for the finance department and so on. So if all the information islands, which were function in isolation, were integrated into a single system, then the impact of that would be dramatic. If the purchase department can see the production planning details, then it can make the purchasing schedule. If the finance department can see the purchase details as soon as it is entered the system, they can plan for the cash flow that will be necessary for the purchase. In legacy system getting information about some aspect that is dependent on more than one department is a difficult task. And no business executive or decision-maker can take good decisions with this isolated data that he will be collected from the various reports produced by each department. Even if he collates the data and produces the information that he requires, he will have lost valuable time that could have been better spent in decision-making. With the implementation of eresource ERP system the organization will able to function as a single entity and caters to the information needs of the whole organization. When the information that is generated is accurate, timely and relevant, it will go a long way in helping the organization to realize its goals. This is eresource ERP’s strength – integration and automation – and that is why implementation of eresource ERP system will help in improving the information accuracy and in better decision-making. Also Read – ERP Software in Nigeria
eresource ERP – A perfect solution for 24×7 access to business information The changing business scenario has made many organizations realize the need and importance of the integration of ERP and other business technologies to deliver the productivity improvements and remain competitive. eresource’s efforts to make awareness among the business communities about the need of integration of ERP with the Internet and World Wide Web in order to take advantage of that powerful medium, has brought back a desired result through a substantial ROI (return on investment) for many of these organizations. With the advancements in encryption technologies and Internet security, conducting businesses over the Internet is becoming safer. This has enabled extending the ERP dissemination and data transfer across the Internet cheaper compared to expensive private networks and dedicated transmission lines. So taking hints from the growing popularity of the Internet and World Wide Web, eresource has transformed its ERP software into a Web-enabled system which is bound to boost functionality of any business industry. Earlier ERP systems are used to integrate and optimize an organization’s internal manufacturing, financial, distribution and human resource functions. Web-enabled eresource ERP system addresses the integration of business process that extends across the enterprise and its trading partners. eresource ERP forms the basis of Internet enabled eBusiness and collaborative commerce. Web-enabled ERP was introduced to give customers and partner’s access to scheduling, delivery, inventory, manufacturing, invoicing and planning information. Over the last few years, solutions like CRM and SCM have leveraged the Internet to support these processes. eresource ERP incorporates them all in a single package. To be globally competent, an organization needs to open and reach out to its collaborative partners. eresource ERP enables businesses to compete by providing information on-line and adding real value to businesses of all types and sizes. Today’s business leaders need information to be more readily accessible. They want real-time views into their business so that decisions can be made when they need to be, irrespective of where they are located. They also need this information without the added time of tracking data and generating reports. Managers want to monitor key metrics in real-time to actively track the health of their business. Though ERP was a good start, the market is currently demanding more. The one dominant conclusion is that ERP must now involve the entire enterprise, delivering consistent, measurable processes and up-to-the-second information that supports profitable decision-making, irrespective of the location of the user. It is here that eresource ERP comes into picture and boost the power of ERP by offering 24×7 accesses to business information and business intelligence irrespective of the geographical location of the user, enabling him or her to make timely decisions. Also Read – ERP Software in Nigeria
ERP and Reduction of Lead-time The non-availability of an item that is required for production can result in several problems like missing delivery schedule, losing customer goodwill due to the delayed delivery or even losing the customer to competition. One can avoid the situation by requesting for the materials well in advance of when they are actually needed or by keeping a large buffer stock or maintaining a very high re-order level. But all this means that large inventories must be kept, which is money blocked. Also the practical consequences of allowing longer times for delivery seems to be that the present lead-times just grow to take up whatever slack is allowed. So, the company should find out the minimum lead-time and should attempt to context supplier’s delivery delays instead of automatically increasing allowed lead-time. The elapsed time between placing an order and receiving it is known as the lead-time. It plays a significant role in purchasing and inventory control. So, in order to reduce the lead-timers the organization should have an efficient inventory management system, which is integrated with the purchasing production planning and production departments. In this era of just-in-time manufacturing the knowledge of the exact lead-timers for each and every item is of paramount important for uninterrupted production. For a company dealing with hundreds and thousands of raw materials and components, keeping track of the lead-times for each and every individual item manually is a practically impossible task. eresource ERP system helps in automating this task and thus makes inventory management more efficient and effective. Since eresource ERP software solution is integrated and the materials management module is integrated with other modules like sales, marketing, purchasing, manufacturing and production planning, the demand for a particular item can be known as early as an order is received. Since all the records are kept in the system’s database and since everything is up-to-date, finding out the items that are to be ordered takes no time. So once the items that are to be manufactured are identified and once the production planning system prepares a production plan, the materials management module will prepare purchase orders for each and every item making into account the led-timers and when the items are required for production. If the purchasing process has to go through the invitation of quotations, vendor selection etc. the system does that also. Since most suppliers are also connected to the organization’s system, as soon as a purchase order or requisition is issued, the supplier’s system is updated with that information. Thus, the supplier knows what items are to be supplied, and when. Since activities like preparation of contracts, issuing of purchasing orders and payments, etc. happen through the system electronically, the savings in time are phenomenal. So eresource ERP system by virtue of their integrated nature and use of latest technologies reduce the lead times and make it possible for companies to have the items at the time they are needed. Also Read – ERP Software Company in India
ERP implementation and ROI it is not only the successful implementation of ERP is the prime objective of eresource project management team, but also to help achieve a return on investment (ROI) in the shortest possible time. Return on investment does not just imply in terms of financial gain. It can be in terms of the growth in productivity, efficiency, or in terms of overall improvement in the performance of the company or even to the extent of better transparency in the operations being carried out by the firm and of course, the satisfaction of the users. eresource ERP implementation also results in bringing together various sections of the organization like personnel, material and processes. This may help change the organization’s working culture. Also Read – Construction ERP Software in UAE Issues in ERP implementation Every organization has its own cultural or organizational structure. In this situation, it is natural for them to be sceptical about ERP, since it is felt that their businesses are unique, organizations varying and cultures different. However, there is no need of such concern as eresource ERP package has been designed and is being continually upgraded to incorporate the best industry practices to suit most industry segments. With thorough and dedicated BRP study and adapting those changes in the business process well before implementing the eresource ERP shall help make things smoother. It is therefore recommended that this methodology is followed; otherwise there is chance that most of the time users are left frustrated. This leads to poor participation and costly delays. It is important to understand that an ERP packages not necessarily fit in completely with the existing business practices of most organizations and hence, the onus is on the users to appreciate this fact and to work with the implementation consultants in trying to adapt to the package. In doing so, they don’t have to feel that they are compromising on their business effectiveness; rather, by accepting the package, they are adopting the best of breed business practices and ensuring the successful implementation of new system. Also Read – ERP Software Company in India The other important factor is that the users do not expect a reduction in their workload immediately after the implementation of ERP and should not look for a miracle to happen. An ERP package is only an enabling tool and improves the flow of information and formalizes all the business processes and workflow that exists in an organization. It helps users to do their jobs better, which may call for additional efforts. If one has to have more information in a system, it entails more work for more users, but the benefit is that this information is properly stored and can be fruitfully uses by other users in making better decisions. As the flow of information throughout the organization improves, the company starts performing better and this in turn benefits the users who have collectively improved their way of working. The package design and the architecture facilitate the availability of information to all authorized users in a useful way. Also Read – Manufacturing ERP Software in UAE