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M M M M M M: Submitted To: Ms. Rashmi Gulati
M M M M M M: Submitted To: Ms. Rashmi Gulati
Submitted to: Ms. Rashmi Gulati Submitted by: Ruchi Singh MFM 2009-11
Contents
ERP Introduction
o What is ERP o Features & Benefits of ERP
ERP - Introduction
ERP
An Introduction
Its a multi-module application software that supports broad set of business activities, that may include a combination any of these:
o o o o o o o o o o Product development Pre and Post Costing Merchandising Planning Purchase Inventory management Production Exports Finance and Payroll
ERP
An Introduction
Product development Payroll Finance Pre and Post Costing
ERP
Multi-module application software t at supports broad set of business activities, t at may include a combination any of t ese
Merc andising
Exports
ERP
Production Inventory management Purc ase
Planning
ERP
Features & Benefits
Highly flexibility
A good retail ERP system is highly flexible allows a high degree of customization and is easily scalable to attune itself to the size of the organization and its level and scope of operations.
The eed f r
Reason 1 : Market Competition
Competition
To beat the competition, retailers have to understand consumer demand at the point of interaction
A combination of flexibility, process efficiency, reliable information and responsiveness is critical to a retail business
Efficiency
Data access and near-instant performance reporting Retailers require an enterprise wide process visibility To meet the regulatory standards
Need of an integrated IS infrastructure which continuously monitors and dispatches the information.
Challenges
Limite cope
Risk to business
Outdated architecture
Limited scope
it
Workflow automation and enterprise process management Support for advanced functionality
Retail ERP suite offers support for the store s stems that form the pivot of a retail business. The critical functions include keeping track of the inventor , ordering and replenishment, loss prevention and task management. This makes retail ERP s stem suited to the specific needs of a retail organization A good retail ERP s stem allo s a high degree of customization and is easil scalable to attune itself to the size of the organization and its level and scope of operations. Such configuration and scalabilit prove to be a boon in managing the ith retail operations across an enterprise. This allo s a retail ERP s stem to gro the organization
Case Study:
ERP implementation in Pantaloon Retail
The basic need was to have a robust transaction management system and an enterprise wide platform to run the operations.
Rakesh Biyani, Director, Pantaloon
Pantaloon was regularly opening stores in the metros and there was an urgent need for a reliable enterprise wide application to help run its business effectively
The company was looking for a solution that would bring all of its businesses and processes together
After a comprehensive evaluation of different options and software companies, the management at Pantaloon decided to go in for SAP.
ERP IN APPAREL & RETAIL INDUSTRY BY Ruchi Singh
Pantaloon was regularly opening stores in the metros and there was an urgent need for a reliable enterprise wide application to help run its business effectively
The company was looking for a solution that would bring all of its businesses and processes together
After a comprehensive evaluation of different options and software companies, the management at Pantaloon decided to go in for SAP.
ERP IN APPAREL & RETAIL INDUSTRY BY Ruchi Singh
Thank You
References
y http://mindpower.smartads.info/business-