IT-powered Value Chain:

E-Business

Enterprise Resource Planning (ERP)

Creating the Opportunity to Serve Existing and New Markets Faster and More Efficiently

 

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Founder, Ten3 Business e-Coach Inspiration and Innovation Unlimited!

Gib's Law: Computers are unreliable, but humans are even more unreliable.

Project Management Enterprise Resource Planning (ERP) Supply Chain Management Lean Manufacturing Customer Relationship Management (CRM) ERP - Enterprise Resource Planning: Functional Areas

Benefits of ERP Systems

  • Improved quality and efficiency of a business

  • Better company outputs such as customer service, and manufacturing.

  • Managers have critical decision making information.

  • A more agile company that better adapts to change.

  • A single repository for information on all business functions – human resources, manufacturing, inventory, marketing, sales, accounting and tax

  • Better opportunities for cross-functional management and collaboration

  • All levels of a business can obtain real-time management information for their area of responsibility... More

ERP Implementation

Top 10 Tips

IT/Business Alignment

Top 10 Tips

Results-based Leadership

 

Why ERP?

Internet economy not only permits companies of all sizes to compete on a more equal footing, but also accelerates the need for business to adapt, to keep up with rapid changes in the marketplace.

IT Leader: New Roles of a CIO

IT-enabled Enterprise Resources Planning (ERP) and Customer Relationship Management (CRM) systems create great business value. They establish direct customer and business-to-business (B2B) relationships and create the opportunity to serve existing and new markets faster and more efficiently.

Benefits of e-Business

How ERP Works

ERP is a cross-functional enterprise system driven by an integrated suite of software modules that supports the basic internal business processes of an enterprise. ERP gives managers an integrated real-time view of the enterprise’s core business processes such as production, order processing, and inventory management, tied together by ERP applications software and a common database maintained by a database management system.

 

 

ERP systems track business resources (such as cash, raw materials, and production capacity) and the status of commitments made by the company (such as purchase orders, customer orders, and employee payroll), no matter which department (manufacturing, purchasing, sales, accounting, and so on) has entered the data into the system.

ERP facilitates information flow between all business functions inside the organization, and manages connections to outside stakeholders.

Modern IT-powered Value Chain

Typical characteristics of an ERP

  • An integrated system that operates in real time

  • A common database, which supports all applications

  • A consistent look and feel throughout each module

  • Installation of the system without elaborate application/data integration.