Cloud Technology for ERP in Manufacturing & Distribution
Table of Contents
Introduction1
Manufacturing1
Finance1
Customer Relationship Management (CRM)2
Supply Chain Management2
Human Resources2
Advantages and Disadvantages of ERP3
Functional advantages of ERP systems management4
Cloud Technology5
Working5
Cloud Types6
Cloud Technology today6
The pros and cons in the implementation of ERP systems on the "cloud" server7
Cons7
Pros7
SAAS and ERP7
Positive factors8
Negative factors9
Impact of Enterprise Resource Planning (ERP), and cloud technology in Companies9
Importance of ERP in Business10
Cloud ERP in Distribution Management11
Cloud ERP through Microsoft Dynamics Distribution software12
ERP in Manufacturing Management13
Planning15
Accounting15
Control16
Analysis16
Features of Sage ERP X3.16
Conclusion17
References19
Cloud Technology for ERP in Manufacturing & Distribution
Introduction
ERP Stands for Enterprise Resource Planning, whose actual definition vary to a great extent. ERP is a system that is responsible for bringing together information from all the departments of business including customer relations and vendor relations data. Most ERP system includes HR system, Finance collaborations, Production Management, Customer Relationship Management, Supply Chain, Service and Distribution. The definitions of ERP can changes between organizations depending on the type of organization it is and its functions.
Manufacturing
An emblematic ERP manufacturing system will have all basic components and aspects of the manufacturing process. Some of its module includes, time period of ordering raw material, the capacity of plant, scheduling of work, orders and quality control measures. It also controls work flows system and costing figure.
Finance
Finance is one the most important product of ERP. Financial ERP includes a module, which has an ability to take over any accounting system legacy. The contemporary ERP module of finance involves all the basic functions of accounting packages. It has, Accounts Payable, Receivables, Budgeting, P&L reporting, Ledgers, Asset and Liabilities Management packages.
Customer Relationship Management (CRM)
CRM applications include the storage and reporting system relations with a customer or impending customers. These systems usually have a basic address book, order, sales, contact, complaints and business history. This data are very helpful for all year time in business developments.
Supply Chain Management
The maintenance of the appropriate amount of stock in the warehouse and inspection of purchases programs is done by Supply chain management program. This program helps in the review of purchasing and inventory scheduling making sure that the required material is always on had with the production team. Integration of this system with finance helps to make it most important function for any manufacturing company.
Human Resources
All the recruiting, organizational development, pay roll management, Accounts, Firing, employee diversity is managed by HR ERP system. It is also considered as vital importance in large firms but currently small firms are also utilizing it for proper cost saving on Human Resources.
As it is viewed that the enterprise resource planning definition will change often as new modules are added to an organization. However, the purpose is always to help manage various departments to ensure everyone in your business is working towards the same organizational goals.
Advantages and Disadvantages of ERP
ERP systems and their integrations have allow organizations to improve their productivity by 70%. It has also led to the decrease in the time management of operations and production scheduling of organizations (Yourdon, ...