IFIM B-School 1

ERP- Definition:

ERP stands for enterprise resource planning, a business management system that
integrates all facets of the business, including planning, manufacturing, sales, and marketing.
As the ERP methodology has become more popular, software applications have emerged to
help business managers implement ERP in business activities such as inventory control, order
tracking, customer service, finance and human resources.

An ERP system is based on a common database and a modular software design. The
common database can allow every department of a business to store and retrieve information
in real-time. The information should be reliable, accessible, and easily shared. The modular
software design should mean a business can select the modules they need, mix and match
modules from different vendors, and add new modules of their own to improve business
performance.

Source: http://en.wikipedia.org/wiki/Enterprise_resource_planning

List of ERP Vendors:

► SAP www.sap.com

► Oracle www.oracle.com

► PeopleSoft www.peoplesoft.com

► invensys www.invensys.com

► ABB Automation www.abb.com/automation

► i2 www.i2.com

► SSA Global Technologies www.ssagt.com

► Intentia International www.intentia.com

► Epicor www.epicor.com

► Lawson Software www.lawson.com

► QAD www.qad.com

► IFS www.ifsab.com

► Mapics www.mapics.com
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► Mincom www.mincom.com

► American Software www.amsoftware.com

► Great Plains www.greatplains.com

► Ross Systems www.rossinc.com

► SCT www.sctcorp.com

► Cincom www.cincom.com

► Computer Associates www.interbiz.cai.com

► GEAC www.geac.com

► Sage www.sage.com

► Navison www.navision.com/us/ 

► Scala www.scala-na.com

► Deltek www.deltek.com

► Fourthshift www.fs.com

► Lilly Software www.lillysoftware.com

► Flexi Int'l www.flexi.com

► Glovia International www.glovia.com

► AremisSoft Corp. www.aremissoft.com

► Syspro Group www.sysprousa.com

► ProfitKey International www.profitkey.com

► Solomon Software www.solomon.com

► Macola www.macola.com

► Made2Manage www.made2manage.com

► Visibility www.visibility.com

► PowerCerv www.powercerv.com

► Clarus Corp www.claruscorp.com

► Friedman Corp www.friedmancorp.com

► ROI Systems www.roisysinc.com

► Ramco www.ramco.com
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► Intuitive Manufacturing www.mrp9000.com

► Ceecom, Inc. www.ceecom.com

► Technology Group
www.techgroupintl.com
International

Source: www.olcsoft.com/top%20ERP%20vendors.htm

The reasons for failure of ERP:

1. Education (Not understanding what the new 'system' is designed to achieve)

2. Lack of Top Management Commitment (Management being involved but not dedicated)
3. Inadequate Requirements Definition (current processes are not adequately addressed)
4. Poor ERP Package Selection (the package does not address the basic business functions of
the client)
5. Inadequate Resources employed by the Client
6. Internal Resistance to changing the 'old' processes
7. A Poor fit between the software and users procedures
8. Unrealistic Expectations of the Benefits and the ROI
9. Inadequate training (users do not properly how to use the new tool)
10. Unrealistic Time Frame Expectations
11. A Bottom up approach is employed (the Process is not viewed as a Top Management
priority)
12. The client does not properly address and plan for the expenses involved.

Source: http://projectmanagement.ittoolbox.com/documents/why-erp-implementations-fail-15304

ERP function in S.M.E.:

They can make use of free online open source ERP Systems in there enterprise.
WebERP is an open source ERP system for Small and Medium-sized Enterprise (SME). The
application and source code is provided based on the GNU General Public License.
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Some of the functions they can perform are Multi-language, Multi-currency, complex
tax system support, multiple inventory locations with serial number and lot tracking facilities,
full double entry accounting, flexible pricing on inventory items, Discount Matrix, Shipment
costing, email able PDF reports, Fast PHP created HTML for any browser and sales orders
support assemblies and kit-sets.

Source: http://en.wikipedia.org/wiki/WebERP

ERP implementation in S.M.E.:

1. Structuring need based software programs

2. Rectifying inherent defects in software programs

3. Giving Due Attention to ERP

Source: http://www.erpwire.com/erp-articles/erp-service-providers-in-sme.htm

Components of ERP

The following components may be identified as the primary components (sub-system) of

ERP:

1. Human Resources
2. Sales and Marketing
3. Accounts Payable/Receivable
4. Master Scheduling
5. Inventory/Material Requirement Planning
6. Cost Accounting
7. Bills of Materials
8. Capacity Requirement Planning
9. Purchasing
10. Warehouse Management
11. Service & Maintenance
12. Logistics
13. Plant Maintenance
14.  Project Management
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15. Asset Management and

16. Financial Accounting etc.

Source: http://www.indianmba.com/Faculty_Column/FC570/fc570.html

Data Folw Diagram:

Human Sales and Financial Logistics Maintenance

Resources Marketing Accounting

ERP System

Users