Supply Chain Management and ERP System

When companies are deciding on which ERP System to purchase, the will generally look for the major players in their industry or market segment. ERP systems that can be customized to incorporate a company’s business processes but will often require a company to adopt some of the best practices incorporated in the ERP software they purchase. For many thousands of companies this approach to implementing ERP software has worked extremely well and will continue to attract the majority of large and medium sized businesses. However there is an alternative that can give medium and smaller companies the same advantages of implementing a larger ERP solution but with ability to customize the product to suit their needs completely. Open source ERP solutions offer companies freely available source code base as a starting point for their implementation from which they can adapt the code to suit their particular needs.

The open source ERP Solution can give some companies the opportunities to own and operate an ERP System with limited capital outlay. However, when a company then purchases support for their system and development work to incorporate unique business processes, the cost increases accordingly. There are disadvantages to open source ERP that should be considered including the ability to obtain support for the software and the possibility that a company may be on their own in the case of a major system failure which could bring operations to a grinding halt for a period of time.

Every business in the industry counts which has to nominate ERP Module for business purposes.

Advantages of Open Source ERP

Open source software has gained a significant foothold in the business work and it is natural that open source ERP and customer relationship management (CRM) solutions are the next evolutionary step in the process. The open source ERP and CRM solutions can be purchased by a company and used as is.

The software companies offering open source ERP solutions have developed products that can be used straight out of the box with limited configuration and data entry. A company can then use the product without customization in an evaluation mode before deciding on what, if any, changes are to be made.

As there is no upfront  licensing fees there is no major risk for the company reviewing an open source ERP solution.

Customization of an open source ERP is simpler as compare to traditional ERP Solution as the company has already the source code. As consultants and programmers for the major ERP solutions such as SAP can exceed one hundred dollars an hour, the programming for an open source solution would be considerably less.

Enterprise resource planning serves a lot purpose in business activity in making business successful. After the successful implementation of   ERP the project teams provide support.

 

The support is provided in a way of raising an Incident management ticket and giving the resolution to the customer. There are separate teams for Order Management, PO, Inventory, and Advance Supply chain Module. The Incident is raised based upon the criticality of the issue and resolution mail is send. The support team provides the support unless the problem is fixed .It provides the support through web access, online chat and web access. There is Severity 1, Severity2, and Severity 3 Incident management system.

 

ERP is thus the module which serves the purpose of every business entity. To run in the state of profits the business entities serves a better purpose. The Profit of the company will go high and then the employee will reach to higher satisfaction level. Enterprise will give end to end solution to all the certain business which in sync with all department like Marketing, HR, Finance, and Manufacturing. These functions will provide in sync to all the process and generate good revenues.

The benefits of ERP

An ERP system is made up of enterprise resource planning applications (“ERP modules”) that talk to each other and share a database. This means you can eliminate information silos between departments and give everyone a single source of truth. Your system can automate your core business processes and help you ensure regulatory compliance, reduce risk, fast-track reporting – and so much more.

ERP systems usually include applications for accounting, human resources, sales CRM, and supply chain management. But you can combine different modules to better meet your needs. For example, you could add ERP components for e-commerce, inventory and order management, and fulfillment. Or include applications designed for a wide range of industries, from manufacturing to retail.

Many companies turn to ERP software because they’re frustrated with the rigidity of their current models. Without easy access to accurate information, a host of mission-critical questions can remain a mystery: Is your business making money? Which of your customers are most profitable? What impact do market price fluctuations have on your product costs? An ERP system makes it very easy to answer these kinds of questions.

If your business is drowning in spreadsheets, relying on paper-based processes, or acting on bad information from fragmented solutions, it’s probably time to consider enterprise resource planning software.

 

 

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