| > | | | | Transportation, Stock Management, and Warehouse |
| | | | management. |
| What is ERP? Do you need ERP? The answer is yes | | | | Manufacturing - This module tracks the flow of |
| if you want to stay at the leading edge and | | | | products through the manufacturing process, |
| competitive in this fast-moving and dynamic | | | | coordinating what is done to what part at what time. |
| environment. | | | | Order Fulfilment - This module monitors the entire |
| Enterprise Resource Planning (ERP) is an integrated | | | | order fulfilment cycle, keeping track of the progress |
| suite of information technology applications that | | | | the company has made in satisfying demand. |
| support the operations of an enterprise. It provides | | | | Human Resources - This module handles all sorts of |
| organisation with transaction processing models that | | | | human resources tasks, such as scheduling workers. |
| are integrated with other activities of the | | | | Supplier Management - This module monitors supplier |
| organisation and coordinate complicated, multifaceted | | | | performance and tracks the delivery of |
| operations. | | | | suppliers’ products. |
| The main value ERP systems provide is the | | | | Besides the above-mentioned standard features, ERP |
| opportunity to integrate an entire organisation. ERP | | | | vendors are offering several bolt-on products |
| systems promise to solve the problem of | | | | that provide specialised functionality to augment the |
| fragmented information in organisations by providing | | | | core, such as Customer Relationship Management |
| seamless integration of all the information flowing | | | | (CRM). |
| through the organisation across the different | | | | CRM is a strategy used to learn more about |
| functional and business units across the world. End to | | | | customers' needs and behaviours in order to develop |
| end business processes that were traditionally | | | | stronger relationships with them. These relationships |
| disjointed, now share information through a common | | | | are critical to business and mission success. The |
| database. | | | | more useful way to think about CRM: Processes that |
| ERP systems work in real-time, meaning that the | | | | will help bring together pieces of information about |
| exact status of everything is always available. When | | | | customers, sales, marketing effectiveness, |
| data such as a sale becomes available at one point in | | | | responsiveness, and market trends. |
| the business, it courses its way through the | | | | The logic behind the idea of CRM is that it helps |
| software, which automatically calculates the effects | | | | businesses use technology and human resources to |
| of the transaction on other areas, such as | | | | gain insight into the behaviour of customers and the |
| manufacturing, inventory, procurement, invoicing, and | | | | value of those customers. Organisations effectively |
| booking the actual sale to the financial ledger. The | | | | implementing CRM will be able to: provide better |
| information flow is much more efficient as there are | | | | customer service, make call centres more efficient, |
| clear lines of business processes across the | | | | simplify marketing and sales processes, and discover |
| enterprise. | | | | new customers. |
| The basic modules and their brief features of ERP | | | | Do you need ERP? The answer is yes if you want to |
| systems are as follows: | | | | stay at the leading edge and competitive in this |
| Finance - This module tracks financial information such | | | | fast-moving and dynamic environment. ERP is able to |
| as revenue and cost data through various areas | | | | contribute to your organisation’s general |
| within the company. | | | | pursuit of internal visibility, flexibility, excellence in |
| Logistics - This module is often broken into several | | | | quality, and the capacity for inter-organisational |
| sub-modules that cover different logistics functions: | | | | extension. |