ERP- Enterprise Resource Planning
Enterprise- Any Company
(Small/Medium/Large)
Resource- kind of
resource to the Company (Manufacturing/HR/Plannin/Supply-Chain/Procurement/Warehouse/Costing)
Planning- Software Planning
(Automatic or Simple business)- Any Automation/Process can be implemented.
Explanation:
ERP is a software where the business activities/Functionalities
will take place daily in the company/Organization.
Any Company which are having sales then obviously they
will use any ERP, to know the sales percentage
Sales Company-
Sales/Accounting/APAY/Account receivables/Purchasing/Supply chain/ HR.
One sales company is having different modules of
business to run their company in profits, so to run the company for all the
above modules should be linked as per the business requirements.
Because accounting details should be linked to supply
chain and these details should be linked to purchasing and that to HR and
Sales.
All these linking/Integrations will be done in ERP-
Enterprise resource planning.
We can make the integration as per the company standards
and requirements.
SAP is the leading ERP tool in current generation.
It Contains only one database and shares the
information to all modules in the organization.
Benefits of an ERP system.
1.
Improves Efficiency of any business.
2.
Automate the routine tasks
3.
Relationship with other resources
through interface
4.
Handling all department details in
one tool
5.
Analytics and reporting will be very
fast
6.
Monitoring cash inflow/outflow will
be very easy.
7.
Inventory-IN/OUT
Now a days all ERP database are moving to Cloud.
Benefits of Cloud-
·
Performance of system.
·
Support will be 24/7
·
Costs will vary
·
Access from anywhere
·
Low upfront costs
What is SAP – ERP?
SAP- ERP is integrated with all modules in the
business.
Almost of all modules has been covered with
integration part with SAP and data exchange is easy.
Inventory will be analyzed and controlled from
anywhere.
Centralized system will be possible with this SAP.
Inter-connected of data between all the departments in
industry.
It Controls the whole business to increase the
profits.
Payments will be made faster and reminded by the
system automatically and process legally by this data
For SAP MM Videos, Please Visit YouTube- Studyuuu
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