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For a Successful Business ERP is the future

For a Successful Business ERP is the future

What is special about eresource ERP? Some may ask. There are plenty. Before we go deep into that we must say there is already some management software in the market which changes their names into ERP sounding system for new business opportunities. They make their clients believe the system could do miracles once implemented. But unfortunately the end result is a huge disappointment.

Any organization that plans to invest in an ERP system also must do a proper evaluation before taking the final decision about the right choice of the ERP system. It is to be remembered in today’s technologically advanced business environment, a web-based ERP system can definitely do wonders if not miracles.

Web-based eresource ERP system can definitely help all business operations. It makes the work easy with avoiding unnecessary entries of information. Once an order is entered, the same data could reflect in all necessary modules instantly. eresource ERP is more dynamic than any management software where you may need to do several entrances to complete one task. With eresouce ERP user can evaluate credit possibilities for a sale in real time according to client debt reports, helping you to reduce irrecoverable amounts.

Also Read – ERP for Plastic industry

After implementation of eresource ERP, maintaining records will be an effortless talk as employees need not check thousands of files to collect the information they required. With one entry or click all the information required will be displayed in your ERP module screen.

Another important aspect is that with eresource ERP you will be able take precise financial decisions without any difficulty. The right financial decision at the right time in right manner could bring a good profit. We must also remember that timely financial information is absolutely necessary in the business process. This kind of information could decide the gap between profit and loss. With eresource ERP there won’t be any gap in communication. You may get any kind of information at any time sitting at anywhere.

Also Read – ERP in civil engineering

In addition to this, eresource ERP systems can show you the cash flow immediately, letting you control expenses in general and finding out where your money goes the whole time. This is the key to control for employees in this sector, and it is important for avoiding fraud and unnecessary or unsupervised pay outs.

However, control is not the only function remarkable on ERP. The dynamism is very important too. We live in a fluctuating world, a world that never stops, where strong dynamism and flexibility are required to keep on track every day, and this is exactly what ERP offers to your complete enterprise, level by level.

eresource ERP could implemented and used in almost all the industries. Appropriate modules are included in every vertical, which will be suitable for all organizations, irrespective of its strength.

Web-based eresource ERP system is a more flexible, affordable and reliable ERP software in India today. This is a tool exclusively designed for every situation. What is more important is that for a successful business, ERP is the future, and it has become essential in the business world because it brings information classified and simplified to those who have to make decisions. And that itself makes the difference.

Also Read – ERP for Construction Industry

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What makes eresource ERP different?

eresource offers web-based ERP software for all major industries including Manufacturing, Pharmaceuticals, Construction, and Modular Kitchen etc. Our ERP system is available on a filtered modules basis, so that you only purchase and maintain what you really need. We have categorized it in three phases starting eresource ERP Light, eresource ERP Pro and eresource ERP Enterprise. All these categories are developed with taking into consideration of all needs of the users.

eresource manufacturing ERP modules help manage and monitor work in process on the factory floor. We provide a comprehensive collection of plant maintenance modules which takes care of all plant maintenance with utmost efficiency.

eresource ERP system software is designed to improve productivity and operational excellence. Organizations that implement eresource ERP software could benefit from checking the cycle-time, which is the total time to produce an order, as an important key performance indicator.

By implementing eresource ERP system, organizations could also enjoy the benefits of Greater visibility and control; Reduced lead time; Reduced manufacturing costs: Increased production; Reduced work in process; Reduced inventory; Improved product quality ; Reduced defects and scrap; Reduced cycle time; Improved traceability and Reduced paper work, data entry, manpower.

What is unique about web-enabled eresource ERP system is that it addresses the integration of business process that extends across the enterprise and its trading partners. Our ERP system forms the basis of Internet enabled eBusiness and collaborative commerce.

Prime advantage of web-enabled eresource ERP is to give customers and partners 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 system incorporates them all in a single package.

To compete with challenging business world companies needs to be open in its business approach and must reach out to its collaborative partners. Our ERP system will enable businesses to compete by providing information on-line and adding real value to businesses of all types and sizes.

To be success in business companies need information to be more readily accessible. They must also have the real-time access to their business information to manage timely decision making without having to get out of their seats. eresource ERP system helps the decision makers to manage the business with a click of their mouse’s button. Top management personnel could monitor key business information real-time and that could help track the health of their business.

Having said about the eresource ERP advantages and its benefits, the actual result will be visible only if the ERP solution has been implemented and operated in a successful manner. The entire organization and its operational methods should bring under ERP system by delivering consistent, measurable processes and up-to-the-second information that supports profitable decision-making.

eresource could 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 for Construction Industry

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Stimulate your business by choosing right ERP

Stimulate your business by choosing right ERP – eresource ERP software

Having discussed in details about the user’s role in successful ERP implementation, it is time to look into the other element which is the consultant or you may refer them as vendor or ERP solution providers.

The task of selecting a suitable consultant is very important and there is no point in cursing the consultant later for their poor performances. There are various reasons behind poor performance and the prime being the poor industry knowledge followed by lack of knowledge on client’s key success factors. The other factors are lack of understanding of user’s perspectives and also limited consulting experience.

A soft approach towards customer and user is a way to show the consultant’s integrity, which many consultants do not possess. Adamant attitude will help bring only unfruitful result. The problems should be solved with loyalty and dedication, which will boost morale of both the customer and the user.

Unfortunately, this does not happen with every consultants, which prompts some company to believe, ‘consultants know nothing; they come here, learn from us and then vanish one day for the self-betterment without solving our problems.’ Interestingly, in many cases, consultants are not blamed for their poor ERP product knowledge, but for their approach.

Contradictory to the above, Eresource ERP clients are extremely happy with our product service as well as our approach. All of our personnel are professionally qualified along with long years of functional experience.

A good ERP consultant should be an equally good business consultant too. This may help in reengineering of existing set-ups in the client’s side to improve ERP performance.

To improve ERP performance it is very important to focus on reengineering of existing set-up in the client’s side. The expected qualities of the ERP consultant are that they should have adequate level of pure functional experience, a deep knowledge of ERP product, must possess good HR skills with convincing abilities and eye for process improvements rather than automation. They should also have a cool head with a composed personality.

Many a time consultant needs to encounter various ‘orphan’ activities and deal with them in a proper manner.

The following incident will indicate why an efficient consultant is needed to address these issues. The design department in an engineering company used to claim that making Bill of Materials was their job, but selecting and arranging branded components required by customer should be the purchase level decision. And the problem was, purchase may select some economical brand, which in turn affects the performance of some other assembly, hence, again, the design department comes into picture. The process was continuous and creates a lot of back and forth interactions for one decision. Users were demanding the automation of such discussions across departments in ERP.

Also Read – ERP system for automotive industry

In this circumstances what to be done by the consultant is to revamp the whole process of BoM structuring in the organization. They must convince the client to form a cell of BoM structuring for complicated customer configurations. The cell consists of each user from marketing, engineering planning production, purchase, and also from accounts. In fact, by doing this the consultant had reengineered the functional set of the organization into a temporary process set-up for improving decision-making quality and speed.

Eresource ERP consultant follows a few general guidelines regarding BPR preparations required during consulting.

It is the job of consultants to take only the policy decision from users on various scenarios and then design, map and implement and process suitable to user’s culture. In such cases, it is better to avoid more discussions.

For example, in one company, the same item was available in domestic as well as in imported market. The price difference was high. Since the company follows standard costing, ideally there should be different identification for the same item having such price differences to account for inventory costs separately because it has not implemented Lot Control Module. The company was unable to understand the need of separate code of them item. In this case the consultant must be able to convince the accounting repercussion to hardcore functional guy from stores. Since the user doesn’t understand commercial, operational and legal implications of the process completely in the ERP, consultants should exhibit dominating role in such cases to ultimately give the best out of ERP to the user.

The consultant who can manage the implementation with the above qualities and techniques can be classified a genuine, reliable and a simply good consultant. Without doubt, eresource ERP stands tall here.

Also read – ERP for Plastic Industry

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Adopt global best business practices

Adopt global best business practices

Best practice is the process of finding and using ideas and strategies from other companies and industries to improve performance in any given area. Business has used best practice bench marking over the decades and realized billions in savings and revenues in all areas of business operations and sales.

‘As-Is’ best practice addresses or includes the present practice followed by the specific company which is planning to implement the changes required to keep itself in the league of other top companies in the industry. This is done in all functional areas like HR, Operations, Finance, and Maintenance. etc.

‘To be’ best business practices are generally the best practices which exist in the industry and have been refined over a period of time. Companies should aim at adopting their industry specific best practices for their future benefit. Preventive maintenance, activity-based costing etc. are considered as best practices.

‘To be’ best practice includes some of the practices which are already adopted globally and are taken as industry standards for swiftly operating businesses in a competitive global scenario.

Also Read – Significant changes in business after using cloud ERP software

Some of the best practices that can be adopted are as follows:

Information Liquidity

Much like cash liquidity, the liquidity of information is a measure of business success. In a successful company, data flows smoothly and information is transformed into economic value. Information liquidity is obtained by integration of processes and systems at all levels. Integration should be the driving force behind design, methodology, development and deployment of all IT systems.

Availability

As most companies become more and more dependent on IT, it is very important to ensure the maximum availability of the eservices. This does not mean that all IT systems have to be absolutely flawless and foolproof, but good through has to be given to what could be the consequences for the company if all or part of the IT services are temporarily unavailable, and what can be done to minimize these consequences.

Agility

Market changes constantly and so does legislation and technology. It is said that the product life cycles and their time to reach the market are getting shorter and shorter. As a consequence, IT systems have to be built for maximum agility. Cross-compatibility, reuse and lightweight functionality are the ideas to be considered.

Costs

Especially in times of economic slowdown, the costs of IT are under constant scrutiny. Unfortunately, it is very difficult to quantify the benefits of IT in terms of money and it is relatively meaningless to approach IT investments singularly from an accountant’s point of view. These costs also have to be related to non-quantifiable benefits for the company.

Also Read – How ERP software is beneficial for pipe manufacturing industry

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ERP growth is skyrocketing

ERP growth is skyrocketing

Demand for Enterprise Resource Planning (ERP) solution growing day by day. Experts are forecasting a huge growth of demand for ERP mostly in mid-sized organizations. The demand is due to the specialty of an ERP system to manage the increased customer service, efficient distribution system and reduced operational costs. Majority of CEOs/Senior managers share the same view that ERP is an important tool to achieve competitive advantage.

The number of employees in an organization using the ERP system is increasing and organizations that have started with the basic modules are now expanding their system with subsequent applications. This is also another reason for the ERP growth. Another factor for the growth is many organizations replace customized system with standard application packages.

Most of the medium ERP vendors are targeting the mid-sized organizations. This is because many of the mid sized organizations are working with applications which are non-integrated and on disparate technology architectures, built in-house. This has resulted redundant technology, loss of support, non availability of critical information at the right time resulting in overall business loss. ERP vendors in India have found it an ideal market by exploring the SME segment. There are lot of demand persisted in this market, which on the other hand helped to growth the ERP market in substantially.

Also Read – How web based ERP software helps remote workers

Knowing that majority of Indian manufacturers are small by global standards and requiring easy-to-use ERP solutions to meet their specific process requirements, ERP vendors in India have come out with ideal solutions which can not only match their needs but also their budget. Now almost all small and medium enterprises across industry verticals and micro verticals, such as pharmaceuticals, chemicals, fleet management, automotive, modular kitchen, construction, infrastructure, and textiles, are leveraging ERP solutions to gain sustainable competitive advantages.

With the advent of on-demand deployment of ERP software and also web-enabled ERP solution, the user can access the software through license as a Web-based service. The increasing popularity of the web-based applications account for the ERP growth, as the enterprise resources are maintained by a service provider.

Growth factor also includes the competition prevailing in Indian ERP market. With the entry of international companies in the local market, the local vendors also steadied their products which are going to be a good sign as far as mid-sized organizations are concerned. Now they can find a wider market with ERP product suitable to their needs also in their limited budget. As the market is getting more competitive reliability and compatibility about the smaller players are unwanted. Today SMEs can choose the right ERP at their will with confidence which is, indeed a good sign.

Also Read – What are the future trends for a construction ERP software?

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ERP is an essential application for business growth

ERP Application for Business Growth

The latest reports shows that majority of the midsize organizations are using ERP to support a variety of business issues, including globalization, lean manufacturing, conducting e-business, consolidation, shared services, collaborating with suppliers and meeting the requirements of new customers.

Further studies reveal that very few midsize companies that don’t already have an ERP implemented are facing numerous problems in their production and sales departments. For those businesses, the reasons to take a leap into ERP, which is largely considered necessary infrastructure for midsize companies, are many and compelling. Many midsize companies cited the availability of low-cost options; pressure from the parent company, suppliers or customers; “explosive” growth; compliance with regulatory requirements; and a “disastrous event” as factors convincing them of the value of ERP.

Just implementing an ERP system alone wont’ do any miracles. To get the most benefits from an ERP application, an organization has to use it to its fullest capabilities. But surprisingly this is not happening with every case. Considering the expense of acquiring and deploying an ERP package, in most of the cases it is being underutilized. As per the available survey reports from the market, the average midsize company uses only about 11 out of 24 generic ERP modules, or approximately 72 percent of the available functionality.

Today the ERP market is sufficiently occupied with some effective and efficient ERP products apart from the more popular Oracle and SAP, that are dominating the market among large global companies. But it’s not an easy fight – several vendors that cater to the midmarket are entrenched, including Infor, Lawson Software, Epicor Software, QAD, Sage Software and Microsoft apart many others.

On the other hand some of underplaying midmarket ERP vendors offers their business-management applications on a modular basis, so they usually can be deployed individually and integrated as more ERP modules are phased in.

What is more important is the investment in ERP solution which should be planned efficiently. ERP is somewhat expensive, and the cost is highly variable depending on the organization. Company size, number of ERP users, the depth and breadth of purchased functionality, and the business benefits gained from the ERP deployment all contribute to the TCO (total cost of ownership) of an ERP package.

As midmarket companies extend their reach into markets around the world, they require increasingly sophisticated systems to support and run their business. With ERP, they can use enterprise-grade technology as a competitive weapon, managing costs, introducing efficiencies throughout the supply chain and manufacturing processes, and streamlining and automating business processes across the organization. For some companies, ERP can mean the difference between success and failure.

Also Read – Benefits of ERP Software in the pharma sector

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Selection of right ERP holds key to success

ERP Selection

How to select the ERP brand perhaps becomes difficult today. Most of the time budget was the main criteria for elimination round and then companies used to see the live customer list of ERP vendor. We can very well say that the ERP buying decision is like any other procurement decision.

For example, when a buyer purchases bearing, normally he analyzes quality, cost, service and response time to choose the particular vendor. All these parameters were applied in ERP buying also. In fact, a few ERP vendors have come up with industry specific solutions, which, in the true sense, Is more of a marketing strategy than an operations specificity. Secondly, because of the very competitive environment and market saturation, ERP vendors have decreased their prices and hence the SME segment is also aspiring for such world-class solutions.

While selecting the ERP brand, the focus should be the availability of the best practices or the world-class practices in the software. If we examine closely, we find various ERP products are strong in various functional modules. This strength could be in terms of availability of various planning opinions, tight control on orphan processes, excellent functions flow, easy and user-friendly reporting, graphical presentation, automatic routing through world-class valued added processes.

The problem is how to know which ERP is strong where and how that will synergize the client’s business results. To solve the first question, to some extent, we can refer literature in the form of reports and articles. The commercial presentation of the ERP vendor and later discussions may help further. The commercial presentation of ERP vendor and later discussions may help further.

The main question is which strength one should look for. This problem has to be handled with a detailed case study of the organization. From the strategic point of view, the organization has to understand the vital processes for the revenue impact as well as the bottom-line. Thus efforts should be directed to find the thrust area with proper reasoning. Accordingly, one can match the requirement with the strengths of ERP to proceed further. It is also observed that some clients go for multiple ERP products to get equipped with all the strengths available.

ERP packages have different architectures, concepts and sets of functionality and they are designed to address a variety of user requirement. The marketing literature from ERP vendors will no doubt give the impression that their tool is just as good as any other. Such literature is valuable for giving the reader an overview of functionality and a glimpse at the differentiator for that vendor’s offering. But, if you compare the literature or listen to a vendor’s presentation, it would be very difficult to evaluate which package is the best or which would be most suitable for your organization.

So if you go by what is written in the product brochure or what the salespeople say, you will find it very difficult to make a decision and might end up with the wrong choice. So ERP package selection is something that should be done on a systematic and scientific manner.

While studying the history of ERP packages and finds out how each package evolved, it becomes evident that every ERP package grew out of the experience or opportunity of a group of people working in a specific business who created systems that could deal with certain business segments. It is generally accepted that most ERP packages are stronger in certain areas than in others and each one is trying hard to add functionality in areas where they have been lacking.

So after the decision to go for an ERP package is taken, the company needs to develop the ERP selection criteria that will permit evaluation of all the available packages on the same scale. To choose the best system, the company should identify the system that meets the business needs, matches the business profile and identifies with the business practices of the company. It is impossible to get a system that will perform, exactly as the company does business, but the aim should be to get the system that has the least number of differences.

Also Read – Best ERP Software for Construction Industry

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Make the best use of consultants’ knowledge

Best Use of Consultant Knowledge

  • Implement pre-project readiness assessment and overall project planning: Most organizations have never been involved in a project as complex and cross-functional as an ERP implementation. Additionally, an ERP project requires near full-time participation. A readiness assessment conducted prior to the project kick-off can help identify areas of strength and potential problem areas in need of improvement. This information is extremely helpful when planning the project budget and the project tasks.
  • Implement aggressive project management processes: The magnitude of an ERP implementation requires aggressive and structured project management processes. An ERP implementation is complex and touches virtually everyone in the organization. Without the structure of project management processes and without a project manager who understands this methodology, the project runs significant risk in time, quality and costs. “Go-live” dates could be missed and the credibility of the project team and the ERP software itself could suffer dramatically.

Also Read – Why automotive manufacturers must use ERP system

  • Create a project organization structure to provide planning and quick response for decision-making and issues management: The toughest problems with any project implementation involve people issues. Pre-project planning must include the creation of clearly defined roles and responsibilities. The following critical roles need to be filled by qualified people: project sponsor, project director and/or project manager, functional team leaders, technical team leaders, project coordinator/scheduler, etc. These people must have dedicated time to the project and they must be willing to be accountable for dealing with issues and making timely decisions. Many ERP implementations become paralyzed when issues are put on hold and are not dealt with quickly.
  • Make the best use of the external consultants and experts: These people are paid huge amounts of money for helping you in implementing the ERP system. So you must make the best use of their knowledge and skills and ensure that the knowledge transfer is complete before they leave the project.
  • Teach the organization to use new capabilities: The natural progression from building capabilities is actually using them. While this may sound obvious, many organizations are far better at building new capabilities than at teaching (and motivating) people to use them. Successful companies avoid this fundamental imbalance. For them teaching goes hand-in-hand with building new capabilities, from defining roles to developing skills to culture shifts.

Also Read – ERP Software in Nigeria

  • Implementation review: This review must be performed after users are competent with the system. The goal is to ask the software vendor to suggest better ways to use the system.
  • Assign clear ownership of benefits: During implementation, it is usually clear that the responsibility for going live-on-time and on budget-ultimately belongs to one person, the project leader. But after going live, who owns the benefits that are being targeted? In many companies, this is a difficult question to answer – no one is identified as the owner. But in successful companies accountability for results is no mystery. The owner may be the business unit leader, a project sponsor, a process owner or someone else. What is important is that there is somebody whose responsibility is realizing the benefits.

Read More here – Which is the most common ERP software used in dubai

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A competitive ERP system for industries in Coimbatore

A competitive ERP system for industries in Coimbatore

Serving a wide range of industrial segments: Our manufacturing ERP product, eresource Xcel, that is being designed to match with all kind of business process of manufacturing companies going to be a big assistance for companies in Coimbatore. With the implementation of eresource Xcel ERP system in manufacturing companies, every function of these companies will become quick, flawless and transparent. The system is made to suit industries like Engineering, Manufacturing, Textile and Food Processing that have huge presence in Coimbatore.

All these industries in Coimbatore need quick exchange of critical information between various sections, branches and locations that will enable the managers and other decision makers to act promptly and timely. This timely action can help companies achieve steady growth. Once implemented, eresource ERP system will support you every step of the way in your business functions.

Being one of the most trusted ERP solution provider in India and in many other overseas countries, eresource ERP system has the appropriate architecture, customization features, installation procedures, and level of complexity.

Also Read – Significance of construction ERP software in UAE and India

Deep understanding of industry best-practice

Our professionals work closely with your company IT heads to ensure that you have the correct suite of integrated applications to suit your needs and budget. eresource ERP system helps to identify and plan the enterprise-wide resources you need to best serve your customers. With a deep understanding of industry best practice, our professionals can guide you to procure and help you go for right modules and customization wherever required. Our cost-effective system could bring a tremendous changes and growth in your business in a short span of period.

eresource, one of the most widely accepted ERP solution in India has many clients in Tamil Nadu that includes Coimbatore. Having our registered office in Mumbai, we have a branch office in Chennai. Our wide range of enterprise solutions includes various exclusive ERP product for many industry verticals CRM Software and HRMS. We also serve the logistic industry with our unique ERP solution known as eresource 3GL, which a very popular among transportation companies. Our services are customized to suit the preferences of our customers and enable optimum efficiency and performance. eresource product is also famous for its affordable prices and quick implementation process.

For more information on all our ERP products, please calls us now or write to us.