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
ERP Finance Module Tyre Asia, published from Shanghai, in their August-September 2009 issue, highlighted the contribution made by eresource Infotech in transport industry through their Enterprise Resource Planning – ERP system. In an interview with eresource Infotech CEO Mr. Sudheer Nair, Tyre Asia has made the right attempt to make the automotive industry understand the important of having a rightly managed enterprise planning solution in place. The interview has also highlighted the working modules of Fleet Management ERP in details and the article will surely help our fleet industry in a big way. Tyre Asia is a highly focused bi-monthly publication with a true international profile covering the global tyre and tyre-related industries. This publication is intended to address the long-felt need of the global community for a world-class publication covering the tyre industry and other related segments like accessories, chemicals, retreading and automotive components. Also Read – Transport ERP Software
ERP Finance Module for any growing business enterprises it is important to have a reliable and user-friendly ERP system with a genuine MRP module. eresource ERP’s Material Requirements Planning can organize, schedule and reschedule materials as far into the future as required. eresource ERP’s MRP gives you an instant picture of projected inventory investment levels, as well as projected new purchases in accordance with your plan. Projections can be made on any MRP cycle. This provides an added dimension of visibility for directing the planning focus on the most significant areas of your investment. This also helps you to validate a plan financially and make swift adjustments before committing your cash. Also Read – Why do pharmaceutical companies need an ERP system Some of the most important components of MRP modules are described here under: Purchase Management Purchase Management is a very important component of the materials management module. This module is fully integrated with other modules in the system. It supports all phases of materials management, materials planning and control, purchasing goods receiving, inventory management and invoice verification. Good communication between all participants in the procurement process is necessary for purchase management to function smoothly. Purchase management communicates with other modules in the system to ensure a constant flow of information. It works side by side with Finance and Sales & Distribution management modules. Inventory Management Inventory Management system allow you to manage your stocks on a quantity and value basis and plan, enter, and check any goods movements and carry out physical inventory. In the inventory management system the physical stock reflect all transactions resulting in a change in stock and thus, in updated inventory levels. The user can easily obtain an overview of the current stocks of any given material. For each material, not only are the stocks in the warehouse shown, but also the stocks ordered but not yet delivered, reserved for production or for a customer, and the stocks in quality inspection can be monitored. If a further sub-division by lots is required for a material, one batch per lot is possible. The batches are then managed individually in the stock. Special stocks from the vendor or from the customer are managed separately from your company’s own stock. The aim of the eresource ERP’s Material Requirements Planning (MRP) document is to supply information that will enable the company to have enough inventory on hand to fulfill demand. eresource ERP’s MRP module can provide the basic needs of keeping inventory levels low and fulfilling customer expectations for on time delivery. Also Read – ERP for Furniture Industry
Sales and Distribution Module to keep pace with rapid changes in the business world, companies need an integrated and flexible enterprise system that supports all aspects of their business with state-of-the-art functionality. This innovative solution should upgrade effortlessly and interface easily with third-party applications as well as have the ability to incorporate existing systems while extending its reach to the Internet and e-commerce. In today’s competitive business environment, companies are increasingly being forced to streamline business processes. In a world where it is no longer enough to simply have the best product, companies are focusing on core competencies and closer partnerships over the whole supply chain. Here, increased efficiency in sales and distribution module is a key factor to ensure that companies retain a competitive edge and improve both profit margins and customer service. In helping business to ‘beat them on delivery’, the Sales and Distribution module of eresource ERP systems offers a comprehensive set of best-of-bred component for both order and logistics management. eresource ERP software solution is tightly integrated with the Sales and Distribution module. This integration enables the mapping and supply of single-site or multi-site organizations. Developing precise logistics planning for just-in-time deliveries, this system can also generate replenishment orders by using defined warehouse requirements. The following are the sales related business transactions: 1. Sales queries, such as inquiries and quotations 2. Sales orders 3. Outline agreements, such as contracts and scheduling agreements 4. Delivery/Shipment 5. Invoicing/billing 6. After sales support Also Read – ERP Software for Manufacturing During sales order-processing the following basic functions are carried out: 1. Inquiry handling 2. Quotation preparation and processing 3. Contracts and contact management (order management) 4. Monitoring the sales transaction 5. Checking for availability 6. Transferring requirements to materials planning (MRP) 7. Scheduling the delivery 8. Calculating pricing and taxes 9. Checking credit limits 10. Invoicing/billing 11. Creating printed or electronically transmitted documents Depending on how your particular system is configured, these functions may be completely automated. The data that results from these basic functions is stored in the system where it can be displayed. eresource ERP ‘s Sales and Distribution module very actively interacts with the material management and financial accounting module for delivery and billing. Also Read – ERP System for Construction Industry
ERP for Midsize Companies Sales and Distribution Module in this age of mergers and acquisitions, many organizations which were once small companies, and now, as midmarket organizations, need to consolidate various software systems and standardize business processes. Currently, most of the ERP action is happening in the midmarket. More and more midsize companies – which are rather broadly defined as organizations are looking to replace outdated ERP systems or jump into the technology for the first time. Most companies in this space are coping with increasingly complex operating environments, aging technology – including outmoded ERP systems – proliferating business-management software and, of course, the need to grow revenue. Midsize companies also face challenges specific to their industries. Businesses that make consumer product goods are concerned about regulations and reporting requirements, while public-sector organizations are worried about maintaining customer loyalty. Also, manufacturers are concerned about the commoditization of their products. A robust ERP package can help address these issues, as well. As per a survey conducted last year, which surveyed more than 500 organizations from a variety of industries, it was found that very few midsize companies – just 6 percent – don’t already have an ERP’s MRP (Material Requirements Planning, the precursor to ERP) implementation. For those businesses, the reasons to take a leap into ERP, which is largely considered necessary infrastructure for midsize companies, are many and compelling. It was found that many ERP implementations in the midmarket 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, so many of these organizations have developed their own applications to make up for inadequacies. Many midmarket companies must now also choose an ERP system on which to standardize after multiple systems were installed, perhaps through mergers, across the enterprise. It has been noticed that many midsize companies had two or more ERP packages, and some have implemented three or more ERP systems. Although it’s not necessary, midsize companies seem to prefer consolidating their business-management applications in one ERP package, at least in part to cut down on integration headaches. With the advent of Eresource ERP for midsize Companies in India were able to find a suitable ERP solution to match their needs. eresource ERP’s major strength lies in the manufacturing modules that provide multiple benefits for small and midsize organizations. eresource ERP helps the organizations control their day-to-day business. Needless to say, once implemented, eresource ERP will be the heart of your business, wheels of your distribution channel and the brain of your planning activities. Other added feature about eresource ERP system is its on-time guaranteed implementation programme. eresource offers a full refund for any implementation fees where the agreed-upon ERP go live date is delayed, provided the customer meets all defined milestone deliverables on time. 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
Diverse Industry ERP system while choosing Enterprise Resource Planning solutions, mid-sized enterprises must balance their long-term needs for innovative solutions to drive the next level of growth with their existing resources and short-term trends for quick return on investment, low-cost of ownership and minimum disruption to current operations. SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems. With the complexity and global reach of today’s business environment, SMEs are also under increased pressure to monitor business processes and financial operations more closely. Stricter accounting and corporate governance requirements intensify this challenge thus, placing growing pressure on businesses of all sizes for greater transparency, timeliness and accuracy in reporting and managerial control. eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SME sector. Monitored through a highly qualified implementation team, eresource ERP solution is affordable, easy-to-deploy and proven business solutions to better meet the needs of customers across diverse industries. Access your business-Anytime-Anywhere Web-based eresource ERP 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 software solution, you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners. Our Enterprise solutions include inventory control, warehouse management system, manufacturing software, invoice tracking, software sales module, production planning, logistics software, HR, purchase management, accounting module etc. The integrated and cost-effective ERP solution allows small and mid-size companies to maintain, a low total cost of ownership and the scalability and the flexibility to support current and future business needs. With eresource ERP system in place organizations can have the following advantages: 1. Staff will be able to interact with other staff and keep record of their work sharing and reporting – to speed up jobs. 2. Give regular instructions to staff from any part of the world 3. Get reports from them from any part of the world 4. Customers will be able to login and know the status of their job and they will be able to send specific communications about specific orders without any delay. Also Read – ERP for trading business
Benefits of ERP for Construction Industry: One of the biggest challenges for any construction company is in estimating cost of construction, which in turn helps it in containing overheads and expenses. Since the projects are usually spread over many years, aligning the projected cost with the actual cost becomes difficult. The challenge becomes manifold given that most companies deal with large project and huge volumes. For example, one of the major construction companies in India was also facing the same challenge. For this company, at any given time there would be at least 50-60 construction projects running concurrently. The departments were maintaining the data in different files using different Excel charts. The accounts department was maintaining a separate software package but materials and purchase was not linked to these. Moreover, much of this data was lying in site offices, which was not connected to the head office. Whenever there was an enquiry, each department would have to pull out the information and consolidate it for the report. The entire process of collecting and collating information from various departments was being done manually. This not only slowed down the decision-making process but also create power centers within the company. This made it very difficult to do real-time cost estimation of different projects. eresource implemented an effective ERP system within a short period after the company approached with the demand for a suitable ERP for construction which would connect all functions and projects to a centrally maintained database system. In the first phase eresource ERP implementation several modules such as financial, material management, marketing, project planning and control and so on. The solution was customized to meet the needs of a large construction company. For instance there is a module on the bill of quality 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. The marketing module enables the company to send information to all its customers from its database whenever they launched a new project. The module also helped the company track all the pre-sale and sale activity, right from the time a customer posts a query to the closure of the sale. The module helps to take care of the company’s all marketing. It has made the planning and forecasting of demand extremely easy. It also creates ripple effects in the company where all departments like purchase, materials and stores now get aligned with the forecasts. Also Read – ERP system for automotive industry
eresource ERP solutions are tailored industry-specific standards, best practices and processes to help companies optimize business processes and adapt quickly to changing market demands. From local businesses to global industry leaders, eresource has been serving companies of all sizes and industries in India and abroad. eresource is developing best practices and delivering ERP software systems that target specific business needs. The result is a depth and breadth of industry expertise and tailored software functionality that is difficult to match. Through its industry solutions, eresource addresses the unique core processes of number of industries. eresource tightly narrows its industry focus to provide targeted support for many micro-level industries. eresource ERP system currently serves the following industry segments: 1. ERP for Manufacturing 2. ERP for Process Manufacturing 3. ERP for Fleet Management 4. ERP for Pharmaceutical 5. ERP for Chemical Industry 6. ERP for Automotive 7. ERP for Construction and Infrastructure 8. ERP for Trading As the Small and mid-size enterprises (SMEs) are facing greater competition than ever across diverse industries, success depends on having the ability to keep pace with rapidly changing customer and industry demand and execute in a short amount of time. The agility to quickly seize new opportunities and the flexibility to achieve sustainable business growth is another success factor for the mid-sized enterprises. With pricing pressure and the increasing power of large rivals in some segments they have a critical need to optimize business processes, cut operational costs and improve customer acquisition and retention rates. It is a promising sign that the small and mid-size enterprises are recognizing integrated business management solutions like eresource ERP are essential for their growth. They are also realizing that eresource ERP system is becoming necessity for the scalability and keeping up with competitors, The most welcome aspect of this application is that it has become more affordable, easy-to-implement and adept at addressing industry-specific business processes. Also Read – ERP for Transport Industry
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