ERP

ENTERPRISE RESOURCE PLANNING

By -
Garima Tripathi
10030141079
Purpose:
Facilitate the flow of information between all business
functions.
What is ERP?
It attempts to integrate all departments and functions
across a company onto a single computer system that
can serve all those different departments’ particular
needs.
Built on a centralized database and normally
utilizing a common computing platform, ERP systems
consolidate all business operations into a uniform and
enterprise-wide system environment.
How long will an ERP project take?

Don’t be fooled when ERP vendors tell you about a

three or six month average implementation time.

Real transformational ERP efforts usually run

between one and three years, on average
What will ERP fix in my business?

Five major reasons why companies undertake ERP

Integrate financial information

Integrate customer order information
Standardize and speed up manufacturing processes
Reduce inventory
Standardize HR information
Will ERP fit the ways I do business?

Change the business process to accommodate the

software, which will mean deep changes in long-
established ways of doing business and shake up
important people’s roles and responsibilities or they
can modify the software to fit the process.
 What does ERP really cost?

ERP is Expensive

Total cost of ownership for a mid-market company

with Rs. 100 million in revenues can expect to pay (on
average) just over a Rs. 1 million in total costs.
What are the hidden costs of ERP?
Training
Integration and testing
Customization
Data conversion
Data analysis
Consultants ad infinitum
Replacing your best and brightest
Implementation teams can never stop
Post-ERP depression
Why do ERP projects fail (so often)?
How do I configure ERP software?

ERP offerings necessitate some system configuration

and customization to each company's individual
requirements.
How do companies organize their ERP projects?
Commonly used ways of installing ERP
The Big Bang
Franchising strategy
Slam dunk
The On-Demand Nibble
Just how important have ERP systems become?

An October 2007 CIO magazine survey of nearly 400

IT executives who had an ERP system installed found
that more than 85 percent of them strongly agreed
that their ERP systems were essential to the core of
their businesses.
ERP systems are here to stay!