...“ERP – THE CHANGES TRENDS SALES AND DISTRIBUTION” Prof. S.L Gupta* and Ms Richa sharma** * Professor, Birla Institute of Technology(Deemed University), Noida Campus, Noida (U.P). ** Research Scholar, Singhania University, Rajasthan. ABSTRACT 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. An Enterprise Resource Planning (ERP) system helps companies to run their businesses in an effective and efficient manner by providing integrated and consistent information flow. It makes the task of keeping track of all the transactions so much easier. A retail ERP system allows automatic recording of the transactions in real-time environment. They have become indispensable tools to survive and increase profitability in race of running the large organization. SAP ERP system 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 ERP Information Systems facilitates faster and better management decisions by providing crucial information in a timely manner. The research focuses on to gain in general understanding of...
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...Retail Enterprise Resource Planning Enterprise Resource Planning systems or the ERP systems refer to the software packages that integrate all the data and the related processes of an organization into a unified Information System (IS). An ERP system uses a central database that holds all the data relating to the various system modules. In order to achieve a seamless integration, an ERP system uses multiple hardware and software components. ERP packages are heavily used by larger retail chains. Designed to facilitate the administration and optimization of internal business processes across an enterprise, ERP packages have become the competitive tool for most large retail organizations. An ERP software uses a single database that allows the different departments to communicate with each other through information sharing. ERP systems comprise function-specific components that are designed to interact with the other modules such as the Order Entry, Accounts Payable, Accounts Receivable, Purchasing, Distribution etc. ERP systems comprise of different modules such as order entry, purchase, sales, finances, inventory management, DRP (Distribution Resource Planning) and human resources. The components are designed to work effortlessly with the rest of the system and provide a consistent user interface throughout the system. ERP software packages have an enterprise wide reach that offers cross-functional capabilities to the organization. The different functional departments involved...
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...Introduction: ERP is the short form of Enterprise Resource Planning. ERP utilizes ERP software applications to advance the performance of organizations' resource planning, management control and operational control. ERP software is multi-module appliance software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, product circulation, to order tracking. ERP software may include application modules for the finance, accounting and human resources aspects of a business. Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. A typical ERP system will use multiple components of computer software and hardware to achieve the integration. A key ingredient of most ERP systems is the use of a unified database to store data for the various system modules. ERP is an amalgamation of a company's information systems designed to bind more closely a variety of company functions including human resources, inventories and financials while simultaneously linking the company to customers and vendors. The Aim of an ERP System - The aim of ERP is to advance and modernize inner business processes, which characteristically requires reengineering of current business processes. The Components of an ERP System - The components of an ERP system are the common components of a Management Information System (MIS). * ERP Software - Module based ERP software...
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...WHAT IS ERP? Enterprise resource planning (ERP) is a system that integrates planning, manufacturing, distribution, shipping, and accounting functions into a single system, designed to serve the needs of each different department within the enterprise. WHAT ARE THE ADVANTAGES OF ERP?? The fundamental benefit of ERP is that by integrating the myriad processes by which businesses operate, it saves time and expense. Decisions can be quicker and with fewer errors. Data is visible across the organization. Tasks that benefit from this integration include. ▪ Sales forecasting, which allows inventory optimization ▪ Order tracking, from acceptance through fulfillment ▪ Revenue tracking, from invoice through cash receipt ▪ Matching purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced) ERP systems centralize data. Benefits of this include: ▪ No synchronizing changes between multiple systems - consolidation of finance, marketing and sales, human resource, and manufacturing applications ▪ Enables standard product naming/coding. ▪ Provides comprehensive view of the enterprise (no "islands of information"). Makes real–time information available to management anywhere, anytime to make proper decisions. ▪ Protects sensitive data by consolidating multiple security systems into a single structure. WHICH ARE THE COMPANIES WHICH ARE USING ERP?? ➢ PrimeTech Software ➢ CD Tech Innovation pvt ltd ...
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...ICT in Retail Sector – India ICT in Retail Sector India July 2011 Executive Summary Retail sector is estimated to reach INR x tr in 20‐‐ and is expected to witness a growth CAGR of a% to reach INR y tr in 20‐‐ IT / ICT adoption in India is fast gaining popularity, wherein growing retail and trade activity is p p p y g expected to push the adoption rate by a large extent Cuurrently, retail sector in India spend about b% ‐ c % of the overall yearly sales on IT services Market Availability of better and faster IT / ICT solutions with maximum accuracy is pushing the industry forward significantly Technology Adoption in Retail Currently, adoption of IT / ICT in retail sector is estimated at INR z bn of the overall IT / ICT Currently, adoption of IT / ICT in retail sector is estimated at INR z bn of the overall IT / ICT industry in India Growing trade and retail activities is resulting in the need for line of business specific applications aimed at catering to the specific needs of the sector p y pp y Cost component, flexibility and customization of applications are the key selection criteria amongst retailers for the selection of IT / ICT tools and services Cloud computing plays a major role in the enhancement of operational procedures of retailing wherein data and information are transmitted on a real time basis thereby facilitating faster decision making It is predominantly implemented in the fields of supply chain management, inventory ...
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...Systems (HRIS), the mangers encounter the challenges that others before them have seen. Although there are many resources of knowledge, tools and options, the managers face a long conversion process. Even with the tools at hand, the conversion process may fail. Working with the public sector, this paper will show how issues can be avoided and the conversion can be successful. Human Resource Managers of the public sector have the most to gain from closely examining outcomes of past projects since research suggests that only 18 percent of information systems projects ended successfully (when compared to private sector segments retail: 59%, financial: 32%, and manufacturing: 27%) (Goldfinch, 2007). Summary As the workplace becomes more technologically advanced, all departments must keep up with technology. Technology can increase the efficiency of a company. Human Resource Information Systems (HRIS) has kept up with technology to improve the effectiveness of the human resources department and its systems, programs, policies, procedures, activities, and legal statistical documentation in its functions. This project will provide insight into the formation of the HRIS in the public sector and other organizations and how it can be a challenge as well as an asset to the company. The HRIS handles the transactional duties in HR, including the employee records, applicant tracking, training and development needs and progress, performance appraisals, compensation and benefits...
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...Dear Sir, We would like to introduce ourselves as a Service Retail company who has made a pioneering effort in Mobile Commerce business. We believe in creating value, ensuring stability and in encouraging emerging business dimensions for vertical and horizontal growth. We would like to offer you to participate in this carnival of growth by carrying our brand and services. This proposition will help both of us to enjoy and ensure niche advantage in the market. Let’s build wealth together. Regards, Ashok mali Mob: 9791037513 Executive summary: We propose to extend this tie-up to explore opportunity in Service Retail sector in eastern India, the objective of this joint venture to strengthen each other to enhance existing business architecture. Accumulation of resources and build a business revenue model for mass in the service sector by creating a retail network across the state on a ongoing model. We hope to multifold the revenue and create opportunity for SMEs, mass by adding value in the system with a conglomerate effort of technology, business intelligence and also through people power. Our mission is to make services available under one roof through a retail network for the people by the people of the people. Industry: We are targeting all possible services such as Bill Payment, Recharge, Ticketing, Booking, Statutory Payments, logistic, e-commerce etc for the industry sectors such as telecom, insurance, power, banking, travel & tourism...
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...Enterprise Resource Planning (ERP) Enterprise Resource Planning systems (ERP) “have become increasingly popular over the last 15 years” (Guest Editorial, 2006). ERPs are “comprehensive, packaged software solutions seeking to integrate the complete range of business’s processes and functions in order to present a holistic view of the business from a single information and IT architecture.” (Helmut Klaus, 2000). Basically, ERP systems communicate and transfer data between departments within a company. “Having these systems has been shown to positively influence the firm’s financial performance; and because they are amount the most sophisticated and complex that a firm will every implement, most firms employ consultants to help them in customizing and implementing the vendor-supplied system.” (King, 2005) There are several types of businesses that use ERP systems to communicate within their company. These types of business include manufacturers and big-box retailers. ERP can be utilized in a manufacturing company to keep communication lines open between purchasing and receiving, parts and labor, warehouse, accounting, and inventory control. ERP systems can also improve the quality of work. “Manufacturers are forced to implement standard procedures and maintain accurate data for the system to work effectively. According to a survey of operations and quality assurance managers by consulting firm TR Cutler Inc., ERP systems also help improve quality by providing a record...
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...Chandigarh STPI DLF Building, Plot No 2, Rajiv Gandhi Chandigarh Technology Park, Kishangarh, Chandigarh -160101 IBM Global Process Services DLF Building No. 8, Tower B4th Floor,DLF Cyber City, DLF Phase IIGurgaon - 122002,India Net Solutions 1st Floor Tower C, DLF Infocity Rajiv Gandhi Chandigarh Technology Park Chandigarh UT 160101 India QA InfoTech Pvt. Ltd. Chandigarh Tower C, IIIrd Floor, DLF IT Park Chandigarh, Punjab, 160059, India Taurus Agile Tech Corporation Tower C 3rd Floor DLF IT Park, Chandigarh- 160002 WinShuttle Third Floor, Tower D DLF Building, Technology Park Chandigarh 160101 Netgains has strong business focus, technology expertise and has ... Head Off.- #28, Sector 20-A, 2 Floor, Chandigarh Softsolutions SCO 53, 1st Flore, Sector 30-c Chandigarh, 160030 Seasia Consulting...
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...Agenda: A. Introduction B. ERP 1. What is ERP ? 2. ERP Modules & Components 3. Available ERP Tools 4. How to Choose an ERP Software ? 5. Future of ERP 6. Comparisons and Surveys 7. Demos & case studies ERP Mind Mapping Managers & Stakeholders Reporting Applications Sales Force & Customer Service Reps Back-Office Admins & Workers Financial Applications Sales & Delivery Applications Centralized Database Manufacturing Applications Service Applications Inventory & Supply Applications Human Resources Management Apps Customers Employees Suppliers Architecture of ERP ERP Modules Finance Human Resources Inventory Management Project Management & Planning Quality Management Sales Management Purchase Management E-Commerce CustomerRelationship Management Document Management SupplierRelationship Management Risk Management Production Planning & Controlling Knowledge Management Business Intelligence ERP Challenges High Cost Implementation Time ERP Package Selection Consulting Fees Customizations ERP Challenges Business Process Reengineering Custom Reports Security Change In Organization Requirements Integration with Other Data Sources Integration with Other Applications Integration with Legacy Systems Total Cost Implementation Time Project Facotrs Benefits Risks Goal & Vision Fit Strategic Fitness Local Environmental Requirements System Factors Reliability & Quality User Friendliness...
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...VIT CAMPUS National Seminar Department of Management Studies India 2020: Management Processes and Practices Technical Sessions I: Strategy & Governance Time Slot: 10:00-11:15 AM Chairman: Prof. T.N. Mathur, EAFM, University of Rajasthan • Keynote address by Professor Vidu Soni: Emerging Trends in HRM in India and its Dynamic Nature: An overview of the Profession • Presentation by Mr. Ripu Dhaman Singh, HCL • Paper Presentation by Col. Rajeev Bhargava, Associate Director, ISB Hyderabad : PPP in Defence Sector • Presentation by Mr. Sunil Kumar, Assistant Professor Gautam Buddha University Chairman: Prof. T.N. Mathur, EAFM, University of Rajasthan An eminent personality of India form University of Rajasthan. He emphasized on the quality assurance of business processes and practices. Quality drives productivity and improved productivity is a source of greater revenues, employment opportunities and technological advances. According to him quality should be envisioned in the strategic policies and practices of the business to explore the best possible outcomes from the business in a positive manner. • Keynote address by Professor Vidu Soni: Emerging Trends in HRM in India and its Dynamic Nature: An overview of the Profession She is a lady with great experience and exceptional talent. She explained the scope and objectives of Human Resource Management in terms of society and organizational benefits and the evolving nature of HRM profession...
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... Table of Contents Introduction 2 Small and Medium sized Enterprises 2 SMEs in India 3 SMEs and ERP 3 Barriers to implementation of ERP systems in SME’s 4 Strategies used 5 Saas Technology 5 Advantages of SaaS for SMEs 6 SaaS Vendors 7 Case Studies 7 SAP for 10 Users Company- Heckler & Koch GB 7 SaaS ERP for Oxford Bookstore 9 References 10 Introduction Small and Medium sized Enterprises (SMEs) can mostly be considered as responsible for driving the competition prevailing in economic sectors. The definition and standards of a SME is different for different countries. These enterprises play an important role in setting the market trends and with this a need of using Enterprise Resources and Planning systems (ERP) for optimizing and automating their traditional business processes has aroused. But often ERP systems development, implementation and maintenance are very costly which makes it difficult for SMEs to use them. As a solution to these problems ERP system vendors now offer all the facilities of ERP system to the company without actually installing the hardware and software on the client side and this facility is referred to as Saas technology. This paper discusses SMEs of India, barriers of implementing ERP in SMEs, strategies used by ERP vendors and brief description of SaaS technology. Small and Medium sized Enterprises SME sector has been identified as an accelerator for economic growth across the globe. SMEs are generally classified...
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...Apple cool”,( Burrows & Satariano). This is a rather large task for a company that is no longer a startup company. One possibility is for Apple to consider increased marketing to specific segments in the business environment. Its ability to operate without major programming issues makes it a lucrative system for accounting or financial type businesses. Loss of data, either through a system crash or invasion by hacker's programs, is detrimental to any business operation. Apple has the ability of producing and controlling its hardware and software. A merger of operations with Peoplesoft, Oracle, or SAP could provide a positive financial influx that will provide continued life to Apple's operating system platform. The learning curve for many ERP supported programs is lengthy and when combined with the need of learning...
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...DR.V.MAHALAKSHMI M.L,MBA,Ph.D 7A, CID Quarters, V.K.Iyer Road, Mandaveli – 600 028. karunamaha@yahoo.co.in ; Phone: 95 – 044 – 4281 5557, 24615636, Cell: 98404 60478.98842 51564 Profile: [pic] • Dean, Panimalar Engineering College • 15 Years in the realm of Teaching & Training • 8.11 Years full time Legal Practice in various courts. • Currently guiding 6 research scholars in various universities • Legal consultant for corporate houses • Authored a book in Retail Management. • Authored a book in Operations Management(Under Publication) Work History: |Institution/Organisation |Time Period |Designation | |Panimalar Engg College, Chennai |From 2006 till date |Dean | |Panimalar Engg College, Chennai |From 2003 - 2006 |Head of the Department | |Panimalar Institute of Management Studies, Chennai. |From 1997 - 2003 |Head of the Department | |VGP School of Management Studies |From 1996 - 1997 |Lecturer | |Independent Practice |From 1989 - 1996 |Advocate | Concurrent Assignments: |Institution/Organisation ...
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...1. Background 2. The situation in ERP software area 3. Analysis SAP, Oracle and QAD 4. What is QAD strategy 5. Conclusion for cloud computing in the future 1. Background QAD, a ERP software company which was founded in 1979. It is focusing on manufacturing industry. The competitors are such as SAP, Oracle, Inforsys, Epical etc. 2. The situation in ERP software area 2.1 Where is QAD’s position? The collection data metrics on selection trends, satisfaction and benefits realization are also included. So QAD software is among the tier 2 area. Which is competed with Epicor, Sage, Infor etc. 2.2 How about the pattern of competion? It is an oligopoly competition. SAP, Oracle, and Microsoft are the big three. The others are sharing about 47% marketing. QAD has about 2% sharing of the whole ERP marketing. 3. The competition of Tier II. The marketing share is so closely, each of them has their features For example: QAD –strengths • QAD has a long heritage in developing software applications to support the manufacturing sector, with a notable focus on certain manufacturing sub industries. • QAD has mainly a direct sales and implementation model in many major geographies, allowing the customer and QAD to remain in close contact throughout the Implementation • QAD Enterprise Applications is a highly flexible and scalable application that is suited for ...
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