Article 1:

Article 1:

As an IT manager, discuss how your company will use Enterprise Resource Planning (ERP) to integrate the various functions of an entity. What are the advantages of using ERP? In your discussion, please be sure to provide substantive explanation of what ERP is and give example(s) of ERP. Use APA throughout.

It is necessary to understand what is ERP and how can it help organization business. ERP stands for enterprise resource planning. Companies have relied on it since the 90’s to streamline processes and improve data visibility around finance project management and manufacturing..

ERP cloud offers a more reasonable option for ERP as it eliminates the requirement for Software and Hardware staff. ERP cloud empowers organizations of all sizes and across all industries to make significant cost savings, improve business insight, enhance collaboration and increase efficiency.

For instance, oracle ERP cloud is built for the digital age delivering on the promise of end-to-end process visibility and speed all at a lower cost. ERP is being used by organizations so that all the department have the details of what is happening in the organization at a given point. ERP is a software customized based on the need of the company. When data is updated at one place, it also gets updated at all the other departments so that various reports can be generated by various departments.

Let’s take an example of an component which has come for a assembly in a manufacturing company. The component may be a raw material which is brought by the procurement department. So this information is taken up by stores but once they update that information, the same information in terms of value gets updated to Finance Resource Management. Manufacturing department knows that material has come which can be used for manufacturing of component. Customer Relationship Manager will know that this manufactured item will be used for that assembly and now they can  inform the customers that the component can or assembly can be available.

Supply Chain Management is not only about supplying outside customers but internal also because this component will move from machine to machine within the company. So this information will also get updated and that information can be available to all the departments within the company.

Let’s take another example to understand the Enterprise Resource Planning. When a company gets an order, more man power will be required. Hence human resource management will also get that information that a particular type of work has increased so they would require more man power.

In conclusion, ERP links all the departments and the main objective is to link all the departments and update all the information at all time so that at any given point of time, all the departments are aware of  what is happening in the company. Big companies will not be able to manage without ERP as there is lot of information as different components gets manufactured at different points of time and there is a need to obtain all the data at one place.

Article 2:

As an IT manager, discuss how your company will use Enterprise Resource Planning (ERP) to integrate the various functions of an entity. What are the advantages of using ERP? In your discussion, please be sure to provide substantive explanation of what ERP is and give example(s) of ERP. Use APA throughout.

Enterprise resource planning is software which used to manage the business process and business requirements of an organization with help of information systems. Before ERP it was like a Materials Requirement Planning.

Enterprise Resource Planning below listed modules

•           Human Resource

•           Inventory

•           Sales and Marketing

•           Purchase

•           Finance and Accounting

•           Customer Relationship Management (CRM)

•           Engineering/Production.

•           Supply Chain Management.

Here I would like to take Pharmacy Distribution Company as my Entity. If I am the IT manager I will focus on ERP system that best fits for the company because based upon the organization standard there are several ERP’s available in the market. So my choice will be Microsoft Dynamics Axapta.  For a Pharma Distribution Company the business will run around three modules First one is Distribution Company, the second one is Customers to the Distribution Company and the third one is Vendors of the company.

For a distribution company, ERP is used for managing the marketing of the company, customers and customer orders of the company.  In other way, they can use to manage their sales representatives.  For a company, ERP provides the customer information. Based on the customer information the sales representatives make their sales process. It is used for storing the customer orders, invoices process, credit management.  It will be helpful for marketing whenever a new product came into our distribution company from the vendor. ERP will provide the payment process between the company and customers, and company and vendors. With all the details sales representatives take orders, raise invoices and manage the credit recovery from the customers.

So when coming to vendor modules of the organization ERP will store the vendors’ list and product list from the company. It will help to maintain the inventory for our distribution services.  We can trace products available. We can trace how much products need to be ordered from vendors. We can handle the financial transactions between company and vendors.

Customer module here ERP system will provide data entry forms for entering the details of their stories, orders and credit check details. The customer can access the available products at the company. Easy bill payment process.

By using ERP system organization will have a clear idea of their investments, return on investment, profits or losses. Based upon the details provided by the ERP reports they can change strategies for the organizational growth.


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