ERP MIS Presentation - Copy

7/31/2019 ERP MIS Presentation - Copy

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ERP through MANAGEMENTINFORMATION SYSTEM

Group no. 4


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Concept of MIS

A management Information System (MIS) provides

information which is needed to manage

organizations efficiently and effectively

computer-based system that provides managers with

the tools for organizing, evaluating and efficiently

running their departments. In order to provide past,

present and prediction information


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Concept of ERP

A software system that integratescore business areas

such as manufacturing, distribution, financials, human

resources and other functions.

ware house FA dept.

Example: in Singapore Enter customer order in India.

CRM at ERP Sales dept.China in UK


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Definition

Enterprise resource planning (ERP) a business process such asorder fulfilment, which involves

taking an order from a customer

shipping it and

billing.

It also a business management system that integrates all of thebusiness, including

Planning

Manufacturing

Sales

Marketing

Operations and many other functions of business.


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Scenario

afterERP

(1990 onwards)


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Features


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Why ERP?

For Management

To know what is happening

in the company

One solution for better Management

To satisfy the customers with high expectations

To achieve cost control & low working capital


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How company can form ERP?

Developing a custom-built ERP package, specific to the

requirements of the organization:

Option 1

Using Internal resources with the help of

the in-house IT department

Option 2

Using External resources with the help ofa software solution provider


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Cont

Option 3 - BUY

Going for Tailor-made ERP packages available in the

market like SAP, Oracle applications, Baan, PeopleSoftetc.


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How ERP has simplified the Order

Process in HP

ERP takes a customer order

All the information of customer necessary to complete theorder is available

People in all different departments, see the same informationand can update it

The order process moves like a bolt of lightning

through the organization

Customers get their orders faster and with fewer errorson/before time


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Flow of order using ERP(SAP) in HP


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Advantages of ERP implementation in Compaq

Sales forecasting, which allows inventory optimization

Order tracking, from acceptance through fulfilment

Revenue tracking, from invoice through cash receipt

Matching purchase orders (what was ordered)

inventory receipts (what arrived) and

costing (what the vendor

invoiced)


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Relation between ERP and MIS(JERIN)

Management Information System

Resource

Enterprise Resource Planning

Leads To Focusing On Creating Value And Improving Business

Processes And Better Customer Satisfaction.


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Drawbacks

Lot of hidden costs

Chances of cost & time overrun are

high

Compulsion to pay for redundant

modules/features

Vigorous involvement of all during

implementation

Dependency on outsiders is high


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Documents

ERP MIS Presentation - Copy