3. SUBMITTED TO
Arifur Rahman Khan
Guest Lecturer , Department of Business
Administration.
Green University of Bangladesh ( GUB )
4. SUBMITTED BY
Name
ID
Md . Billal Hussan ( Group Leader
)
100306012
Md . Maksudul Alom Opu
090306020
Sadia Matin Toma
090206004
Md . Mohaiminul Islam ( Rahul )
120306049
5. TABLE OF CONTENT
Topic
Page
Definition of Enterprise Resource
Planning ( ERP )
1-6
ERP Software Modules
2-6
Basic Structure of a Good ERP
Solution
3-6
ERP Vendors
4-6
Components of ERP
5-6
Best Practices of ERP
6-6
6. DEFINITION OF ENTERPRISE RESOURCE PLANNING
(ERP)
Investopedia
A process by which a company (often a
manufacturer) manages and integrates the
important parts of its business. An ERP
management information system integrates areas
such as planning, purchasing, inventory, sales,
marketing, finance, human resources, etc.
7. DEFINITION OF ENTERPRISE RESOURCE PLANNING
(ERP)
Wikipedia
Enterprise resource planning (ERP) is business
management software. It shall be differentiate with
other software that can handle budget planning, but
usually be promoted as a suite of integrated
applications so that a business unit can use to store
and manage data from every stage of
business, including:
Product planning cost and development
Manufacturing
Marketing and sales
Inventory management
Shipping and payment
8. ERP SOFTWARE MODULES
ERP module is focused on one area of business
processes, such as product development or marketing.
A business scan use ERP software to manage backoffice activities and tasks including the following:
Distribution process management, supply chain
management, services knowledge
base, configure, prices, improve accuracy of financial
data, facilitate better project planning, automate
employee life-cycle, standardize critical business
procedures, reduce redundant tasks, assess business
needs, accounting and financial applications, lower
purchasing costs, manage human resources and
payroll.
Some of the most common ERP modules include those
for product planning, material purchasing, inventory
control, distribution, accounting, marketing, finance and
HR.
9. BASIC STRUCTURE OF A GOOD ERP SOLUTION
Flexible: An ERP system has to have modular
application architecture. This means that various
functionalities are logically clubbed into different
business process and structured into a module which
can be interfaced or detached whenever required
without affecting the other modules. Comprehensive: It
should be able to support variety of organizational
functions and must be suitable for a wide range of
business organizations.
Web-enabled capability: It should not be confined to the
organizational boundaries; rather, it should support the
on-line connectivity to the other business entities of the
organization.
Best business practice: It must have a collection of the
best business processes applicable worldwide.
10. ERP VENDORS
Large Enterprise ERP (ERP Tier I)
The ERP market for large enterprises is dominated by three companies:
SAP, Oracle and Microsoft. (Source: EnterpriseAppsToday; Enterprise
ERP Buyer's Guide: SAP, Oracle and Microsoft; Drew Robb)
Mid Market ERP (ERP Tier II)
For the midmarket vendors include Inform, QAD, Lawson, EPCOR, Sage
and IFS. (Source: EnterpriseAppsToday; Midmarket ERP Buyer's Guide;
Drew Robb)
Small Business ERP (ERP Tier III)
Exact Globe, Syspro, NetSuite, Visibility, Consona, CDC Software and
Activant Solutions round out the ERP vendors for small businesses.
(Source: EnterpriseAppsToday; ERP Buyer's Guide for Small
Businesses; Drew Robb)
11. COMPONENTS OF ERP
Transactional database
Management portal/dashboard
Business intelligence system
Customizable reporting
Simple resource planning - Who Is Doing What and When?
Analysing the product
External access via technology such as web services
Search
Document management
Messaging/chat/wiki
Workflow management
12. BEST PRACTICES OF ERP
Most ERP systems incorporate best practices. This means the
software reflects the vendor's interpretation of the most
effective way to perform each business process. Systems vary
in how conveniently the customer can modify these practices.
Companies that implemented industry best practices reduced
time–consuming project tasks such as
configuration, documentation, testing, and training. In
addition, best practices reduced risk by 71% compared to
other software implementations.
Use of best practices eases compliance with requirements
such as IFRS, Sarbanes-Oxley, or Basel II. They can also
help comply with de facto industry standards, such as
electronic funds transfer. This is because the procedure can
be readily codified within the ERP software, and replicated
with confidence across multiple businesses who share that
business requirement
