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Enterprise Resource Planning




                    notes          systems providers in preparation for this push are described. The unit concludes that the growth
                                   and success of ERP adoption and development in the new millennium will depend on the legacy
                                   ERP  system’s  capability  of  extending  to  Customer  Relationship  Management  (CRM),  Supply
                                   Chain  Management  (SCM)  and  other  extended  modules,  and  integration  with  the  Internet-
                                   enabled applications.

                                   1.1 introduction to erp

                                   Today,  Enterprise  Resource  Planning  (ERP)  systems  have  come  to  signify  a  never-before
                                   opportunity for organisations to gain a clear edge over their competitors. In order to compete
                                   and grow, many organisations in India either have already implemented or are at the threshold
                                   of acquiring ERP systems.
                                   1.   ERP is a high-end sophisticated software solution that reduces the pressure and workload
                                       of the managers and provides accurate, timely information for taking appropriate business
                                       decisions.
                                   2.   Enterprise Resource Planning is the latest high end solution that information technology
                                       has lent to business application.

                                   Information technology has transformed the way we live in and the way we do business. Since
                                   the last decade, IT has made a drastic change in our life. As compared to earlier stage, when
                                   computer was used just as a typewriter, nowadays users have become more intelligent and IT
                                   literate. Now the user knows that a PC can do many more things rather then just typing a letter
                                   in a word processing software or making balance sheets in Excel. They expect more things out
                                   of their PC. During this phase of industry, every one of us must have heard the word ERP in
                                   one or the other form. It may be in the title of any IT magazine or may be a point of discussion
                                   in any IT Seminar or may be in an advertisement of big IT Company. Thus in any form, we all
                                   have been through this word. In fact, ERP software consists of multiple software modules that
                                   integrate activities across functional departments - from production planning, parts purchasing,
                                   inventory control and product distribution to order tracking. Most ERP software systems include
                                   application modules to support common business activities like finance, accounting and human
                                   resources.

                                                              figure 1.1: planning for erp

































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