ERP -Selection Criteria Presentation - Unitedworld School of Business

7/28/2019 ERP -Selection Criteria Presentation - Unitedworld School of Business

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Management Information

Systems


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Evaluation criteria

Functional fit with the companys business processes

Degree of integration between various components of the

ERP system

Flexibility and scalability

Complexity

User friendliness Implementation time

Multi-site planning and control

TechnologyClient/server, database, security

Amount of customization required Local support

Total costs including costs of license, training,

implementation, maintenance, customization and

hardware requirements

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ERP Product selection Criteria

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Technology

Support

Costs

5 Strategic

Requirement

Levels

Functionality

Goal:

To select the

Most Suitable

Software

Package Solution

Vendor


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ERP Success criteria

The firm & optimistic approach of the

Management- on adapting the ERP product driven methodologies

- on customization

- on monetary commitments

The dedicated Team Good Training

Strict adherence to the Project schedules

Right technical infra-structure

Change Management

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ERP Benefits

Easier access to reliable informationAutomate tasks to perform various

business functions

Elimination of redundant data andsoftware packages

Improved communication between

departments, internal and externalorganizations

Better capabilities of forecasting,

planning, scheduling, and control 1


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Reduced Time

Reduction of lead-time (Supplier Side) The elapsed time between placing an order and

receiving is known as the lead time.

Reduction in cycle time (Customer Side)

The time between receipt of the order and delivery ofthe product

On-time shipment

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Improved Customer satisfaction

Whether the product or service includesthe features that are most important to

the customer

Whether the company can respond tothe customers demands in a timely

manner, a criterion that is especially

important for custom products and

services Whether the product or service is free of

defects and performs as expected

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Reduction in quality costs

Internal failures costscosts of scrap, rework,

re-inspection and low production yields for non-conforming items that are detected before they

leave the company

External failure costsWarranty claims, repairs

and service costs that are result when thefailures are detected in the market place

Appraisal costscosts of inspection on arrival,

during manufacturing, in laboratory tests, and

by outside inspectors Prevention costsdesign and development of

new quality equipment, evaluation costs of a

new product or a service, training of quality

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Improved resource utility

The efficient functioning of the differentmodules in the ERP ensures that

the inventory is kept to a minimum level,

the machine down time is minimum,

the goods are produced only as per the

demand

and the finished goods are delivered to the

customer in the most efficient way

Thus, the ERP systems help the

organization in drastically improving the

capacity and resource utilization

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Increased flexibility

Flexibility of the organization as a

whole by automating most of the

processes

Organizations will need to design

new products or redesign existingproducts quickly and efficiently

Product flexibility is the ability of

the operation to efficiently producehighly customized and unique

products

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Improved information accuracy and decision-

making capability

To survive, thrive and beat thecompetition in todays competitive world,

one has to manage the future

Managing the future means managingthe information

organizations have to harness ITs full

potential

to deliver high quality information to thedecision-makers at the right time

to automate the process of data collection,

collation and refinement

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Campus Overview

907/A Uvarshad,

Gandhinagar

Highway, Ahmedabad

382422.

Ahmedabad Kolkata

Infinity Benchmark, 10th

Floor, Plot G1,

Block EP & GP,

Sector V, Salt-Lake,

Kolkata700091.

Mumbai

Goldline Business Centre

Linkway Estate,

Next to Chincholi Fire

Brigade, Malad (West),

Mumbai 400 064.


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Documents

ERP -Selection Criteria Presentation - Unitedworld School of Business