"Enterprise Resource Planning'' - Attached is a simple Presentation

Dear All,

One of the emerging technologies for management is 'Enterprise Resource Planning' (ERPs). ERPs are management information systems that integrate and automate many of the business practices associated with the operation and/or production aspects of a company. The promise of the results of ERP is great; it is a revolutionary system if it is well prepared, systems are properly integrated, users are professionally trained, and Higher Management is supportive. Attached is a simple Presentation on ERP. Hope you find it useful.

My best regards to all.

Dr. Al Husseini 😂😂😂
Amman, Jordan

wonderful document..thanx a lot
Hey Friends,
I am working with a Large International Petrochemical Co. as Personnel Admin. Assistant. HR has become my passion & I have taken up some certification courses in that and am enjoying it. Currently, our company is planning the ERP implementation (ORACLE APPLICATIONS E-BUSINESS SUITE R12). I have been chosen as the HRMS Functional Team Leader and yeah you guessed it right, the company with the help of professionals intends to do all the training from the scratch to the end. I need help with the following:
Got NO IDEA whatsoever about ERP…..someone HELP??? What is it all about?
Is this experience gonna help me in my HR career or to say in getting a good placement?
How valuable is the ERP (HRMS) experience in the market today???
I really appreciate the maximum help I can get out of this. Please guys give me all the advice you have. I am very career oriented and looking for desperate help on the above issues.
Thanks to all
ASK

Dear Ask,

Below is some information on ERP. I have also attached a presentation.

What is ERP?

ERP stands for Enterprise Resource Planning, a software system that aims to serve as a backbone for a whole business. It integrates key business and management processes to provide a sky-level view of much of what's going on in the organization. ERP tracks company financials, human resources data, and (if applicable) all the manufacturing information such as where you put your inventory and when it needs to be taken from the parts warehouse to the shop floor.

The leader in ERP market share, and the one that invented the market to an extent, is the German company SAP AG with its R/3 software. Other big players include PeopleSoft Inc., Oracle Corp., Baan Co. NV, and J.D. Edwards & Co.

The idea behind ERP is that the software needs to communicate across functions. With an ERP system, the financial software can cut an accounts payable check as soon as the loading dock clerk confirms that the goods have been received in inventory. Similarly, the accounts receivable module can generate an invoice as soon as the shipping clerk says the finished goods are on the truck to the customer. All this is done with a minimum of human intervention and paperwork.

ERP aims to replicate business processes (how do we record a sale, how do we verify hourly workers' paychecks) in software, guide the employees responsible for those processes through them step by step, and automate as many procedures as desired.

With careful planning and lots of elbow grease, though, ERP can work and make many an enterprise work better.

Buzzwords

ERM (Enterprise Resource Management): Some analysts prefer this term and make a subtle distinction between ERM and ERP. ERM encompasses accounting, HR, and materials management; ERP is ERM plus applications.

The ERP acronym is an outgrowth of MRP (Materials Requirements Planning) and MRP II (Manufacturing Resource Planning), older types of manufacturing-specific software that aim to keep the right inventories on hand and the lines humming.

My best regards,

Dr. Al Husseini

Amman, Jordan

Thank you, Dr. Alhusseini,

That was quite informative, and I really appreciate it coming from an experienced person like you. I hope I can reach out to you for any further inquiries, and it won't be a problem for you to answer them.

My sincere regards and thanks,
Abdul Samad Khan

Dear ASK,

You might have gathered a lot of knowledge on ERP by now through this forum. I bet Client HR is one of the best sites to share, acquire, and enhance your knowledge related to Human Resources.

Coming to your queries, you can go through the attached document which might add some more insights to your ongoing learning process.

As you mentioned, your company is implementing Oracle e-Business Suite, so you will get to work on PeopleSoft HRMS. Who will be doing this implementation? Is it your company or an Oracle Implementation partner? If it is going through an Oracle Implementation partner, you will be working as a core team member for this implementation. As a core team member, your primary job will be assisting the implementation partner to customize and configure your company's HR processes. There isn't much exposure in this process as you are not directly involved in the customization and configuration. However, if you are looking at transitioning your career to the ERP field and aiming to become an Oracle PeopleSoft Functional Consultant, it will surely be beneficial. Oracle is the second world leader in ERP global market share, with SAP being the first.

This is an open forum, and not all information might be relevant to all members. Therefore, I would suggest you please drop me an email with your queries, and I will be happy to share my knowledge in ERP.

Regards

achyut@aol.in

Growing companies eventually reach a point where spreadsheets no longer cut it. That’s where enterprise resource planning software comes in: ERP systems collect and organize key business information and help organizations run lean, efficient operations, even as they expand.

Most business professionals have heard the term “ERP,” but they may not know exactly what enterprise resource planning systems can do for their teams. We’ll explain exactly what ERP is, how it works, what it can do for your business, how to choose the right solution and much more.

Read on for answers to just about any questions you might have about enterprise resource planning.

What Is Enterprise Resource Planning (ERP)?
At its core, an ERP is an application that automates business processes, and provides insights and internal controls, drawing on a central database that collects inputs from departments including accounting, manufacturing, supply chain management, sales, marketing and human resources (HR).

Every business must complete work that requires numerous stakeholders with various responsibilities. But that’s a struggle when the information needed to execute processes and make key decisions is spread across disconnected systems. Whether data is held in basic business management software or spreadsheets, employees have a hard time finding what they need and may lack access to it entirely. For example, the accounting and FP&A teams could each have different spreadsheets with different figures for expense tracking.

These disparate data sources make it very challenging to keep everyone on the same page and hinders collaboration and efficiency, especially as an organization grows. Staff waste time hunting for documents and potentially duplicating work because there is no one place to look for up-to-date information on all aspects of the business relevant to them. This also makes it difficult to see the full cause and effect of developments affecting your business.

An ERP system solves this problem by compiling information in a central database to grant managers and employees cross-departmental visibility. It also eliminates the problems that come with conflicting sources of data and empowers them to analyze various scenarios, discover process improvements and generate major efficiency gains. That translates to cost savings and better productivity as people spend less time digging for needed data.

ERP software that’s tailored to meet the needs of an individual business pays major dividends, making these systems a critical tool for companies across industries and of all sizes. Many of the world’s best-known and most successful firms have leaned on ERP for the last quarter century. Now, this software can be configured and priced to meet the needs of all-size businesses.

Put simply, an ERP system helps unify people, core business processes and technology across an organization.

K.SELVAMURUGAN.C.F.A,MBA
FINANCE AND ACCOUNTS MANAGER
International trading grp,Kuwait