Enterprise

Resource Planning
Presented by:
Ambreen shawez(23CMMCA125)
ASNA PARVEEN (23CMMCA115
 Table of contents

• Introduction to ERP • Applications

• structure of ERP System • Examples
• components • Challenges
• Benefits • Conclusion
Enterprise Resource
Planning
Enterprise resource planning (ERP) is a platform companies use to manage and
integrate the essential parts of their businesses. Many ERP software applications
are critical to companies because they help them implement resource planning by
integrating all the processes needed to run their companies with a single system.
An ERP software system can also integrate planning, purchasing inventory, sales,
marketing, finance, human resources, and more. Enterprise resource planning
systems are complete, integrated platforms, either on-premises or in the cloud,
managing all aspects of a production-based or distribution business.

Furthermore, ERP systems support all aspects of financial management, human

resources, supply chain management, and manufacturing with your core
accounting function. ERP systems will also provide transparency into your
complete business process by tracking all aspects of production, logistics, and
financials. These integrated systems act as a business's central hub for end-to-
end workflow and data, allowing a variety of departments to access.
Structure of ERP System
 Components of
ERP System

01 02 03 04
Finance: Human Resources : Manufacturing and Supply chain management:
It keeps a track on all your financial data
logistics:
including Accounts receivable, Accounts A supply chain management is a network of
payable, General ledger, costs, budgets and It is a software handling all personal-related facilities that perform the procurement of the
It as a group of applicants for planning,
forecasts. It helps to keep a record of cash tasks for managers and employees. Employees
flow, lower costs, increase profits and make
production, taking orders and delivering the materials and transformation of these
play a very important role in any organization,
sure that all the bills are paid on time. The without them business would not exist. This products to the customers. It provides all the materials into intermediate and finalized
growing complexity of the business makes stock summary and production plans
component is responsible for automated products and distribution of these products
important the need to have a single system to
payments to employees, payment of taxes, beneficial for the business. It includes to the customers. Planning, Manufacturing,
manage all of the financial transactions and
generating performance reports, attendance Production planning , order entry and
accounting for multiple business units or Marketing, Distribution and the purchasing
tracking, promotions, deciding working hours
product line processing also the warehouse management.
and holiday hours of the staff. organizations through a supply chain operate
independently.
What Industries Can
Benefit From ERP?
ERP software can be used in any industry to help a business become more efficient. It provides an effective communication
tool that can manage information between internal and external departments, assist with daily activities to manage projects,
track adherence to guidelines, and handle day-to-day intricacies that come with running a business.

Because the roots of enterprise planning software are closely associated with manufacturing, there are robust manufacturing
ERP solutions that cater to a variety of specific industries. ERP software systems are very diverse and are key parts of many
industries, including but not limited to:

•Manufacturing
•Industrial Machinery and Components
•Construction and Home Improvement
•Electronics and Technology
•Automotive
•Aerospace and Defence
•Healthcare, Pharmaceutical and Life Sciences
•Agribusiness, Farming and Agriculture
 Centralized data management:

Applicationsof 01.
ERP systems centralize data from different
departments like finance, human resources,
sales, supply chain, and manufacturing into a
single database. This ensures that all business

ERP System in
units operate with the same data, reducing
errors and data redundancy.

business
Streamlining operations:

02.
By automating and integrating processes, ERP
systems streamline business operations. This
leads to more efficient workflows, reduced
manual intervention, and quicker decision-
making processes.

Enterprise Resource Planning (ERP) systems are

powerful tools used by businesses to integrate and
manage core processes across various departments. Improved Reporting and planning:

03.
Improved Reporting and Planning:
ERP systems provide real-time data and
Here's how ERP systems are applied in businesses: advanced analytics capabilities, enabling
businesses to generate detailed reports and
forecasts. This helps in strategic planning,
budgeting, and performance analysis.
 Enhanced Collaboration:

Applicationsof 04.
With centralized data, different departments
can easily collaborate. For instance, sales and
inventory management can work closely to
ensure that stock levels are aligned with

ERP System in
demand forecasts.

business
Regulatory Compliance:

05.
ERP systems often include modules that help
businesses stay compliant with industry
regulations and standards. This is crucial for
industries like finance and healthcare, where
regulatory compliance is a key concern.

Enterprise Resource Planning (ERP) systems are

powerful tools used by businesses to integrate and
manage core processes across various departments.
Cost efficiency:

06.
By integrating multiple business processes into
Here's how ERP systems are applied in businesses: a single system, ERP systems reduce the need
for multiple software solutions, which can lead
to significant cost savings in the long run.
Examples Of Enterprise
Resource Planning
fultan &Roark
Fulton & Roark, a n men’s grooming company, uses an ERP system to
streamline their operations, improve efficiency, and support growth.
The ERP system centralizes various business functions like inventory
management, order processing, manufacturing, and financial
management. It provides real-time visibility into inventory, enhances
order accuracy, and integrates with other systems like e-commerce
platforms and CRM. Customization and scalability allow the system to
adapt to the company’s unique needs. The implementation of the ERP
system has led to efficiency gains, improved customer satisfaction,
and data-driven decision-making, all of which contribute to Fulton &
Roark’s success.
 Examples Of Enterprise
Resource Planning
MICROSOFT
Microsoft uses its ERP system, Dynamics 365, to streamline and manage
complex operations across various business functions. Dynamics 365 is an
integrated suite combining ERP and CRM capabilities, providing a unified
platform for finance, supply chain management, sales, customer service,
and project management. It offers benefits such as scalability, data-driven
insights, and seamless integration with other Microsoft products like
Office and Azure. The system is customizable and adaptable, allowing
Microsoft to meet specific needs and continuously improve its operations.
By using Dynamics 365, Microsoft optimizes processes and showcases its
capabilities to customers.
Examples Of Enterprise
Resource Planning
SAP
SAP, a global leader in ERP software, uses its own ERP systems, particularly
SAP S/4HANA, to manage its extensive operations efficiently. SAP S/4HANA
is a next-generation ERP suite designed for real-time data processing and
advanced analytics, integrating core business functions like finance,
supply chain management, manufacturing, and human resources into a
unified platform. The system provides scalability, flexibility, and seamless
data flow across SAP's global operations.

Key applications include financial management, supply chain management,

human resources, and project management. SAP’s ERP solutions are
integrated with other SAP products like SAP Business Technology Platform
(BTP) and SAP Analytics Cloud, enabling advanced capabilities like AI and
data visualization. SAP customizes its ERP to meet industry-specific needs
and continuously innovates to enhance its software. By leveraging its ERP
systems, SAP improves operational efficiency, streamlines processes, and
demonstrates the effectiveness of its software to customers.
Challenges In 01.
Implementing Lack of alignment between busi6ness
processes and ERP System:

ERP Systems One of the most common challenges in ERP implementations is the misalignment
between business processes and the ERP software. ERP software is often designed to
be flexible and adaptable to a wide range of business processes, but it may not meet all
of the unique requirements of a particular business.

As businesses grow and evolve, they often need to upgrade

their enterprise resource planning (ERP) systems to keep up
with their changing needs. However, ERP implementations can
be complex, time-consuming, and costly, and many businesses
have encountered significant problems during the process. In
02.
Poor project management and governance:
this article, we will explore some of the common challenges
that arise during ERP implementations and offer some tips for ERP implementations can be complex and involve many stakeholders across the
overcoming them. organization, making effective project management and governance critical to
success. Without clear project plans, timelines, and communication channels,
the implementation process can quickly become disorganized and chaotic,
leading to delays, cost overruns, and other issues. To avoid these problems, it's
essential to establish a strong project management framework, assign clear
roles and responsibilities, and maintain open lines of communication throughout
the process.
Challenges In 03.
Implementing Data migration and integration issues:

ERP Systems
Data migration and integration are often major challenges in ERP implementations,
particularly when transitioning from legacy systems to new ERP software. Data may be
incomplete, inconsistent, or located in multiple systems, making it difficult to extract
and transfer into the new system. To mitigate these issues, it's important to establish a
clear data migration plan, conduct thorough data cleansing and testing, and ensure that
all relevant data is mapped and integrated correctly.

As businesses grow and evolve, they often need to upgrade

their enterprise resource planning (ERP) systems to keep up
with their changing needs. However, ERP implementations can
be complex, time-consuming, and costly, and many businesses
have encountered significant problems during the process. In
04.
Lack of user adoption and training:
this article, we will explore some of the common challenges
that arise during ERP implementations and offer some tips for Even the most advanced ERP systems will not deliver value if users do not
overcoming them. understand how to use them effectively. Training and user adoption are critical
to ensuring that the new system is embraced by employees across the
organization. To address this issue, it's important to provide comprehensive
training to all users, develop user-friendly interfaces and workflows, and
establish a robust change management program to support the transition to the
new system.
Conclusion
ERP systems offer significant benefits by streamlining business processes,
improving data accuracy, and enhancing decision-making capabilities.
However, their implementation comes with challenges, including high
costs, complexity, and potential resistansystems offer significant benefits
by streamlining business processes, improving data accuracy, and
enhancing decision-making capabilities. However, their implementation
comes with challenges, including high costs, complexity, and potential
resistance to change. Organizations considering an ERP system must
weigh these factors carefully, ensuring they have the necessary resources,
expertise, and commitment to successfully deploy and maintain the
system. When implemented effectively, an ERP system can be a powerful
tool for achieving operational excellence and maintaining a competitive
edge in the marketplace.
ERP implementations can be challenging, but with careful planning,
effective project management, and a commitment to user adoption and
training, businesses can successfully implement new ERP systems that
meet their evolving needs. By addressing these common challenges head-
on, businesses can ensure that their ERP implementations deliver value
and help them achieve their strategic goals.
Thank you