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ERP through MANAGEMENTINFORMATION SYSTEM
Group no. 4
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Concept of MIS
A management Information System (MIS) provides
information which is needed to manage
organizations efficiently and effectively
computer-based system that provides managers with
the tools for organizing, evaluating and efficiently
running their departments. In order to provide past,
present and prediction information
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Concept of ERP
A software system that integratescore business areas
such as manufacturing, distribution, financials, human
resources and other functions.
ware house FA dept.
Example: in Singapore Enter customer order in India.
CRM at ERP Sales dept.China in UK
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Definition
Enterprise resource planning (ERP) a business process such asorder fulfilment, which involves
taking an order from a customer
shipping it and
billing.
It also a business management system that integrates all of thebusiness, including
Planning
Manufacturing
Sales
Marketing
Operations and many other functions of business.
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Scenario
afterERP
(1990 onwards)
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Features
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Why ERP?
For Management
To know what is happening
in the company
One solution for better Management
To satisfy the customers with high expectations
To achieve cost control & low working capital
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How company can form ERP?
Developing a custom-built ERP package, specific to the
requirements of the organization:
Option 1
Using Internal resources with the help of
the in-house IT department
Option 2
Using External resources with the help ofa software solution provider
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Cont
Option 3 - BUY
Going for Tailor-made ERP packages available in the
market like SAP, Oracle applications, Baan, PeopleSoftetc.
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How ERP has simplified the Order
Process in HP
ERP takes a customer order
All the information of customer necessary to complete theorder is available
People in all different departments, see the same informationand can update it
The order process moves like a bolt of lightning
through the organization
Customers get their orders faster and with fewer errorson/before time
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Flow of order using ERP(SAP) in HP
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Advantages of ERP implementation in Compaq
Sales forecasting, which allows inventory optimization
Order tracking, from acceptance through fulfilment
Revenue tracking, from invoice through cash receipt
Matching purchase orders (what was ordered)
inventory receipts (what arrived) and
costing (what the vendor
invoiced)
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Relation between ERP and MIS(JERIN)
Management Information System
Resource
Enterprise Resource Planning
Leads To Focusing On Creating Value And Improving Business
Processes And Better Customer Satisfaction.
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Drawbacks
Lot of hidden costs
Chances of cost & time overrun are
high
Compulsion to pay for redundant
modules/features
Vigorous involvement of all during
implementation
Dependency on outsiders is high
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