is crucial for organizations, integrating core business processes to enhance efficiency and decision-making. Its significance lies in fostering collaboration and improving operational workflows.
Enterprise Resource Planning (ERP)
OBJECTIVES
Streamline business processes
Enhance data visibility
Improve resource management
GOALS
Increase operational efficiency
Support data-driven decisions
Promote cross-department collaboration
features of erp
Seamless system integration
Enhanced operational automation
Comprehensive data analysis
Flexible and scalable solutions
ERP Evolution
1960S - EARLY MRP
1990S - ERP INTRODUCTION
2000S - INTEGRATION OF CRM
2020S - CLOUD ERP
1960S - EARLY MRP
Birth of Material Requirements
Planning systems in manufacturing.
1990S - ERP INTRODUCTION
Integration of multiple business functions into one system.
2000S - INTEGRATION OF CRM
Enhanced customer relationship management with enterprise solutions.
2020S - CLOUD ERP
Shift to cloud-based solutions for flexibility and scalability.
ERP Solutions
CLOUD BENEFITS
ON-PREMISES CONTROL
Benefits of ERP Systems
Transparency
Real-time accurate data
digitized automated processes
standard business processes
improved collaboration
increased productivity
inventory control
improved supply chain
easy business reporting
KPIs measure performance
reduced operating costs
speed and competitive edge
ERP Disadvantages
Cost
Cuztomization Processes
Complexity/Training
Slow Implementation
No immediate Results
Future Trends in ERP
AI Machine Learning in ERP
Cloud ERP
Personalised ERP
Mobile ERP
tIER 2 ERP
ERP STRUCTURE
supply chain management
manufacturing
internet of things
project management
customer relationship management
service management
sales & marketing
human resource management
asset management
business intelligence
big data analytics
financial management
