📦 ERP: Enterprise Resource Planning

 ERP: Enterprise Resource Planning

ERP is a package under which all the business resources are integrated in one system.

          Enterprise-------organization

Resource--------FICO, HR, MM, PP, SD, CRM

 

Types of ERP:

1. High End ERP

2. Mid Range ERP

 

1. High End ERP:

•  These ERPs are implemented in large scale industries
•  In these ERPs all the tables, programs & applications are predefined

Example:

1. SAP R/3 (60000+ applications, 400000+ tables, 55+ modules)

2. Oracle Apps (for Finance)

2.1. Oracle Finance

2.2. Oracle Manufactures

2.3. Oracle HRMS

3. SIEBEL (for CRM)

4. People Soft (for HR)

2. Mid Range ERP:

These ERPs are implemented in small scale & medium scale industries

Example:

1. Baan (for Finance)

2. JD Ed Wards (for logistics)

3. Ramco (for Cement)

4. Microsoft ERP (for Finance)

 

Need for ERP:

1. Large Organization

2. Centralized Database

3. User Friendly

4. Speed

5. Security

6. Competitive Advantage

7. Reduced Errors