Preview

Erp - Characterstics of Erp

Powerful Essays
Open Document
Open Document
829 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Erp - Characterstics of Erp
Assignment 1 ERP
Characteristics of ERP Solution :- Modular structure
Scalable architecture
Seamless integration of modules
RDBMS independent
Independence of hardware platform
Interface capabilities
PC download/upload facility Advantages of ERP (Enterprise Resource Planning) System:

1. Complete visibility into all the important processes across various departments of an organization (especially for senior management personnel).

2. Automatic and coherent work-flow from one department / function to another to ensure smooth transition/ completion of processes.

3. A unified and single reporting system to analyze the statistics/ numbers/ status etc in real-time, across all the functions / departments.

4. Since same software is used across all departments – this can avoid individual departments having to buy and maintain their own software systems.

5. Certain ERP vendors can extend their ERP systems to provide Business Intelligence functionalities as well.

6. Advanced e-commerce integration is possible with ERP systems that can handle web-based order tracking/ processing.

7. There are various modules in an ERP system like Finance/ Accounts, Human Resource Management, Manufacturing, Marketing / Sales, Supply Chain / Warehouse Management, CRM, Project Management, etc.

8. Since ERP is a modular software system, its possible to implement either a few modules (or) many modules based on the requirements of an organization. If more modules implemented, the integration between various departments might be better.

9. Single Database is implemented on the back-end to store all the information required by the ERP system and that enables centralized storage / back-up of all enterprise data.

10. ERP systems are more secure as centralized security policies can be applied to them and all the transactions happening via the ERP systems can be tracked.

11. ERP systems provide visibility and hence enable better/ faster collaboration
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Erp/405 Research Paper
    • 376 Words
    • 2 Pages

    Erp/405 Research Paper

    Enterprise Resource Planning (ERP) connects - networks internal and external management information across an entire organization, organizing different functions like finance/accounting, manufacturing, marketing, sales and service, etc. ERP systems automate this activity with an integrated software System that integrates different nooks & corners of the Organization it exists. Its purpose is to facilitate the flow of information amongst all the business departments / functions wihin the boundaries of the organization and manage the integration with the internal & external stakeholders in the…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Fall 2014 Exam 1 Study Guide Student Ve
    • 4131 Words
    • 19 Pages

    Fall 2014 Exam 1 Study Guide Student Ve

    1. When a company uses an ERP system, the different functional areas of the business will share a common database.…

    • 4131 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Good Essays

    Smithon Consulting: A Case Study
    • 948 Words
    • 4 Pages

    Smithon Consulting: A Case Study

    The Enterprise Resource Planning (ERP) system should integrate all core business functions. Data consolidation and access of data among the different departments will allow for better data integrity of information. Smithon Consulting system nd data infrastructure at this time have many departments handling their own data and if another department requires certain information they must request it from the managing departments.…

    • 948 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Enterprise Resource Management Case Study
    • 383 Words
    • 2 Pages

    Enterprise Resource Management Case Study

    3. Improve data integration to help financial analysis, and improve internal performance. Standardization of business processes leading to better decision-making…

    • 383 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Enterprise Resource Systems for Kroger
    • 2118 Words
    • 9 Pages

    Enterprise Resource Systems for Kroger

    In business, it is important for companies to be able to communicate effectively. Each department of a company relies on the other departments as they add to the value chain. One way for a company to integrate its different departments is enterprise resource planning. ERPs are software programs that allow companies to join together data across operations on a company wide basis (Jessup and Valacich 248). ERPs store company information in a common database and allow all departments to access it from one central location (Koch). Companies without ERPS may contain many legacy systems, each operating with different equipment. Without an ERP and a common system used by each department, when information changes, it has to be changed in each legacy system. ERPs connect different departments so that company actions can be streamlined and data can be sent from one department to another easily. This makes it easier for information to be up to date. When data is changed in one department, it is updated company wide, avoiding conflicting data.…

    • 2118 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Exam Summary
    • 949 Words
    • 4 Pages

    Exam Summary

    ERP – Enterprise Resource planning systems integrate internal and external management information across the entire organisation , embracing finance, manufacturing, sales and service, customer relationship management,…

    • 949 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Issues in Erp Implementation
    • 1829 Words
    • 8 Pages

    Issues in Erp Implementation

    ERP (Enterprise Resource Planning) implementation is regarded as complex, cumbersome and costly, and, very often, it exceeds the initial estimated resources. The process involves a thorough examination of the business processes in the organisation; selection of the best available software solution that matches the requirements of the enterprise; configuration of the selected systems;, training of staff; and customisation of the selected software solutions including development of required interfaces. Finally, the existing MIS of the organisation is replaced totally or partially by the new system. All the implementation processes should be carried out without affecting the daily operations across the whole enterprise. Due to the fact that this implementation contains a large number of processes, there are bound to be several issues regarding the implementation. This study examines the issues posed to ERP implementation projects in either manufacturing or public sector organisations.…

    • 1829 Words
    • 8 Pages
    Best Essays
    Read More
  • Powerful Essays

    Fated4Life
    • 971 Words
    • 4 Pages

    Fated4Life

    a. Database stores information about each data item just once and makes it immediately available to all functions in an organization (avoiding redundant data)…

    • 971 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Erp Systems in the Healthcare Industry
    • 5457 Words
    • 22 Pages

    Erp Systems in the Healthcare Industry

    Enterprise Resource Planning systems are software used in organizations to coordinate information in every area of a business (Monk, Wagner, 2009). ERP allows companies to work horizontally “across” business functions as opposed to working vertically (Monk, Wagner, 2009). This enables different organizational units, such as accounting, finance, and human resources to work together, increasing both efficiency and quality. With all organizational units having access to a shared database, information is able to flow more quickly…

    • 5457 Words
    • 22 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Computer Network and Data Warehouse
    • 2756 Words
    • 12 Pages

    Computer Network and Data Warehouse

    Chapter 11 Enterprise Resource Planning Systems 1. Closed database architecture is a. a control technique intended to prevent unauthorized access from trading partners. b. a limitation inherent in traditional information systems that prevents data sharing. c. a data warehouse control that prevents unclean data from entering the warehouse. d. a technique used to restrict access to data marts. e. a database structure that many of the leading ERPs use to support OLTP applications. 2. Each of the following is a necessary element for the successful warehousing of data EXCEPT a. cleansing extracted data. b. transforming data. c. modeling data. d. loading data. e. all of the above are necessary. 3. Which of the following is typically NOT part of an ERP’s OLAP applications? a. decision support systems b. information retrieval c. ad hoc reporting/analysis d. logistics e. what-if analysis 4. There are a number of risks that may be associated with ERP implementation. Which of the following was NOT stated as a risk in the chapter? a. A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. b. Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. c. Implementing firms fail to select systems that properly support their business activities. d. The selected system does not adequately meet the adopting firm’s economic growth. e. ERP’s are too large, complex, and generic for them to be well integrated into most company cultures. 5. Which statement is NOT true? a. In a typical two-tier client-server architecture, the server handles both application and database duties. b. Client computers are responsible for presenting data to the user and passing user input back to the server. c. Two-tier architecture is for local area network (LAN) applications where the demand on the server is restricted to a relatively small…

    • 2756 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Good Essays

    Erp Implementation Methodologies
    • 391 Words
    • 2 Pages

    Erp Implementation Methodologies

    Different companies may install the same ERP software in totally different processes. The same company may implement different ERP software in the same approach. There are three commonly used methodologies for implementing ERP systems.The Big BangCompanies layout a grand plan for their ERP implementation. The installation of ERP systems of all modules happens across the entire organization at once. The big bang approach promised to reduce the integration cost in the condition of thorough and careful execution. This method dominated early ERP implementations, it partially contributed the higher rate of failure in ERP implementation. Today, not many companies dare to attempt it anymore. The premise of this implementation method is treating ERP implementation as the implementation of a large-scale information system, which typically follows SDLC (Systems Development Life Cycle). But an ERP system is much more than a traditional information system in the fact that the implementation of ERP continuously calls for the realignment of business processes. Many parties involved in ERP software systems are not IT professionals. ERP more than automates existing business processes. ERP transforms the business processes.Modular ImplementationThe method of modular implementation goes after one ERP module at a time. This limits the scope of implementation usually to one functional department. This approach suits companies that do not share many common processes across departments or business units. Independent modules of ERP systems are installed in each unit, while integration of ERP modules is taken place at the later stage of the project. This has been the most commonly used methodology of ERP implementation. Each business unit may have their own "instances" of ERP and databases. Modular implementation reduces the risk of installation, customization and operation of ERP systems by reducing the scope of the…

    • 391 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    Supply Chain Managemetn - Scm vs. Crm and Erp
    • 2113 Words
    • 9 Pages

    Supply Chain Managemetn - Scm vs. Crm and Erp

    Enterprise Resource Planning System (ERP), also referred to as the traditional management system, was generated from the MRP or the Material Requirement Systems. Companies have utilized this system for well over 25 years. In its primary set up, the MRP stores data related to inventory control and production planning. The system is widespread with the use of one its system with the largest market share, the SAP system is the primary base system for over 60 percent of multinational companies. Many companies have been influenced by ERP over the years, including both small and medium size businesses; it is the core of their information processing landscape.…

    • 2113 Words
    • 9 Pages
    Better Essays
    Read More
  • Better Essays

    Whirlpool Europe
    • 2550 Words
    • 11 Pages

    Whirlpool Europe

    ERP systems are commonly composed of four major parts, covering accounting, manufacturing, sales and human resources. This forces organizations to operate along business processes.…

    • 2550 Words
    • 11 Pages
    Better Essays
    Read More
  • Powerful Essays

    Erp System Implication
    • 1968 Words
    • 8 Pages

    Erp System Implication

    Enterprise Systems (ES), also called Enterprise Resource Planning (ERP) systems, are among the most important business information technologies to emerge in the last decade. While no two industries Enterprise Systems are the same, the basic concept of Enterprise Systems is focused mainly on standardization, synchronization and improved efficiency. ERP is basically the successor to material resource planning (MRP) and integrated accounting systems such as payroll, general ledger, and billing. The benefits of Enterprise Systems are very significant: coordinating processes and information, reducing carrying costs, decreasing cycle time and improving responsiveness to customer needs [ (Davenport, 2000) ].…

    • 1968 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Comparison of 3 ERP systems
    • 2073 Words
    • 7 Pages

    Comparison of 3 ERP systems

    We now choose two of these, and compare them to the most well-known ERP system.…

    • 2073 Words
    • 7 Pages
    Powerful Essays
    Read More

Related Topics