ERP stands for
Enterprise Resource Planning
it is the integrated management of main business processes, often in real-time and mediated by software and technology
Enterprise Resource Planning
ERP referred to as
business management software
ERP referred to as business management software
typically suite of integrated applications, that an organization can use to collect, store, manage and interpret data from these many business activities.
provides an integrated and continuously updated view of core business processes using common databases maintained by database management system.
ERP
ERP systems track business resources such as
cash, raw material, production capacity and the status business commitments: orders, purchase orders and payroll.
The applications that make up the system share data across various departments like
manufacturing, purchasing, sales & distribution, accounting etc
ERP facilitates flow between all
business functions and manages the connections to other stakeholders.
ERP system integrates varied
organizational systems and facilitates error free transactions and production, there by enhancing organization’s efficiency.
ERP systems run on a variety of computer hardware and network configuration using a database
as an information repository.
Why ERP?
Integration for Business Process
Standardization of systems across locations
For overall control of organization
Better controlling of different business Processes
Better Reporting System
Best utilization of resources i.e. Man, Material & Machines
Major ERP Products & Estimated Market Share
SAP ERP
Notes: SAP remains a global leader, especially strong in large enterprises and multinational corporations.
Market Share: ~22-25%
Major ERP Products & Estimated Market Share
Oracle ERP Cloud
Notes: Popular for both cloud and on-premises solutions, widely used in finance, manufacturing, and service industries.
Market Share: ~15-18%
Major ERP Products & Estimated Market Share
Microsoft Dynamics 365
Notes: Gaining traction with mid-sized businesses and organizations looking for integration with other Microsoft products
Market Share: ~12-15%
SAP stands for
System Applications Products in Data Processing
SAP ERP software developed by
German company SAP AE
SAP ERP 6.0 was made available
2006
The most recent enhancement package for SAP ERP 6.0 was released
2016
Business Processes included in SAP ERP are operations:
Sales & Distribution
Material Management
Production Planning
Logistics Execution
Quality Management
Financial Accounting
Supply Chain Management
Human Capital Management (training, payroll, e-Recruiting)
Corporate Services ( Travel Management)
Environment, Health & Safety
Real Estate Management
An ERP was built based on former
SAP R/3 software
SAP R/3 was launch
1992
SAP R/3 consisted of
various application on top of SAP basis, SAP’s set of middleware programs and tools.
All applications were built on top of the
SAP Web Application Server
were used to deliver new features and keep the core as stable as possible.
Extension sets