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Friday 28th of July 2017

Enterprise Resource Planning

Enterprise resource planning ERP is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing.

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ERP initials originated as an extension of MRP (material requirements planning; later manufacturing resource planning) and CIM (Computer Integrated Manufacturing). It attempts to cover all basic functions of an enterprise, regardless of the organization's business or charchter. Non-manufacturing businesses, non-profit organizations and governments now all use ERP systems.

An ERP system package must provide the function of at least two systems. For example, a software package that provides both payroll and accounting functions could technically be considered an ERP software package. However, the term is typically reserved for larger, more broadly based applications. The introduction of an ERP system to replace two or more independent applications eliminates the need for external interfaces previously required between systems, and provides additional benefits ranging from standardization and lower maintenance (one system instead of two or more) to easier and/or greater reporting capabilities (as all data is typically kept in one database).

ERP delivers a single database that contains all data for the software modules, which would include:

  • Manufacturing
    Engineering, Bills of Material, Scheduling, Capacity, Workflow Management, Quality Control, Cost management, Manufacturing Process, Manufacturing Projects, Manufacturing Flow.

  • Supply Chain Management
    Order to cash, Inventory, Order Entry, Purchasing, Product Configurator, Supply Chain Planning, Supplier Scheduling, Inspection of goods, Claim Processing, Commission Calculation.
  • Financials
    General Ledger, Cash Management, Accounts Payable, Accounts Receivable, Fixed Assets.
  • Projects
    Costing, Billing, Time and Expense, Activity Management.
  • Human Resources
    Human Resources, Payroll, Training, Time & Attendance, Rostering, Benefits.
  • Customer Relationship Management
    Sales and Marketing, Commissions, Service, Customer Contact and Call Center support
  • Data Warehouse
and various Self-Service interfaces for Customers, Suppliers, and Employees.
  • Access control
    user privilege as per authority levels for process execution
  • Customization
    to meet the extension ,addition, change in process flow

Open Source ERP software

 

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