Enterprise Resource Planning
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INTRODUCTION
Effective forecasting, planning, and scheduling are fundamental to productivity-and ERP is a fundamental way to achieve it. Properly implementing ERP will give you a competitive advantage and help you run your business more effectively, efficiently, and responsively. This toolkit is structured to support all the people involved in ERP implementation-from the CEO and others in the executive suite to the people doing the detailed implementation work in sales, marketing, manufacturing, purchasing, logistics, finance, and elsewhere.
This toolkit is not primarily about computers and software. Rather, its focus is on people-and how to provide them with superior decision-making processes for customer order fulfillment, supply chain management, financial planning, e-commerce, asset management, and more. This comprehensive guide can be used as a selective reference for those, like top management, who need only specific pieces of information or as a virtual checklist for those who can use detailed guidance every step of the way.
Enterprise Resource Planning (ERP) software can provide your business the integration between existing applications or to replace multiple applications to increase the efficiency of your daily business processes.
If you are just starting a business and you are looking for business management applications but want to deal with a single software package, then ERP software may be for you. ERP software can provide management functions from Human Resources to Supply Chain Management.
ERP SOFTWARE
ERP Software is basically your single system that can provide different modules for all aspects of a business. Some ERP software is also considered as open source ERP software. With open source ERP software it can provide the customization that may be needed for your environment. It provides the flexibility that may be in demand. Today, ERP software is beginning to integrate web services within the application itself.
When does a company need an ERP?
If any of the following conditions apply to a company, then they should go in for an ERP solution:
When there is no control over inventory
No proper planning for raw material sourcing
Delivery time to customer is not as desired
Purchase activity is not integrated with Accounts.
Tracking status on the shop floor is not easy.
Company doesnt have real time information of its business process.
Company doesnt have relation between customer sales orders with accounting or production.
Sales process of company is not linked to inventory. Company doesnt have any integrated reporting or analysis of Sales, Purchase, Inventory, Accounting and Production.
More of manual and/or repetitive work in the system to get the overall picture of the business.
No control over production process and the material requirement planning is not as company want to have.
Company is not able to consider all the different departments as one entity when it comes to consolidation of a company as a whole.
There is confusion between different departments in the company and this is affecting the delivery to customers.
In that kind of situations you need ERP software which can reduce the problems of company and the company can earn more profits. Now days it is mandatory to have an erp software to run your company easily and do the business efficiently.
BENEFITS OF ERP SOFTWARE
Here are some benefits that could be acquired in an ERP software package:
Single system to manage many of your business processes
Integration between applications functions
Reduce overall management costs
Increase of return on investment
Open source infrastructure
These are just several benefits that you may achieve by implementing ERP software for your business. Since there are several ERP software packages available, it is always a good ideal to make sure youve determined your ERP requirements and implement a trial version before you choose your ERP software solution.
ERP SOFTWARES & VENDORS
Unleash the Power of 2: MFG/PRO eB2
Supply and demand. Cost and profit. Speed and quality. Ever notice that in business, the power of 2 forces often determines success?
The power of 2. Our success also depends upon it. Its our job to ensure that our supply chain is fast and lean and our customers are served. For us, its about speed and quality. Its about margins and market share. And its about making sure that our company is leveraging the power of 2 to be the most competitive.
With MFG/PRO eB2, QAD leverages more than 23 years of experience and commitment delivering solutions to global manufacturers. While other vendors have strayed, they remained true to their focus on the manufacturing sector. Today, MFG/PRO powers some of the most sophisticated and complex manufacturing operations in the world. And because of their ongoing commitment to research and development, MFG/PRO eB2 represents the latest, most comprehensive enterprise software for global manufacturers available today.
Proof of their on-going commitment to serving the needs of manufacturers, MFG/PRO eB2 is the introduction of Shared Services Domain it is an infrastructure that allows companies more flexibility in managing multiple business entities and/or locations. Divisions or sites within the enterprise can be segregated into “domains” within a single MFG/PRO eB2 database. Each domain can be assigned its own base currency, chart of accounts, and unique configurations for manufacturing, distribution, services and financials. This new configuration allows for consolidated reporting of and domain-level visibility into your companys operations.
These are the core components of MFG/PRO eB2:
Manufacturing
MFG/PRO