Enterprise Resource Planning

ERP (Enterprise Resource Planning) is a business term for the wide-ranging set of activities that helps a business accomplishes the important parts of its business. The information made available through an ERP solution offers visibility for key performance indicators (KPIs) required for meeting corporate goals. ERP applications automate and support a range of administrative and operational business processes across multiple industries, including line of business, customer-facing, administrative and the asset management aspects of an enterprise. ERP business solutions can be used to manage product planning, parts purchasing, inventories, interacting with suppliers, providing customer service, and tracking orders. ERP assists information flow between all business functions, and manages connections to outside stakeholders.

Advantages and Benefits:

ERP supports upper level management, providing critical decision making information.

ERP ensures coherence and avoids duplication, discontinuity, and people working at cross purposes, in different parts of the organization.

ERP creates a more agile company that better adapts to change.

ERP solution allows organisations to control and manage business expenses.

Allows organizations the ability to more easily ensure key company data is not compromised.

A best of breed ERP system should extend beyond your organization and integrate with both your supplier and customer systems to ensure full visibility and productivity across your supply chain.

ERP provides increased opportunities for collaboration.

ERP provides a collaborative platform that lets employees spend more time collaborating on content rather than mastering the learning curve of communicating in various formats across distributed systems.

To realize the full benefits of an ERP system it should be fully integrated into all aspects of your business from the customer facing front end, through planning and scheduling, to the production and distribution of the products.

By keeping a company’s internal business process running smoothly, ERP can lead to better outputs that benefit the company.

Chronological history of every transaction through relevant data compilation in every area of operation.

By automating aspects of business processes, ERP makes them more efficient, less prone to error, and faster.

SP Dynamic can give answers to the following questions of yours:

What is ERP?

How can ERP improve a company’s business performance?

How long will an ERP project take?

What will ERP fix in my business?

Will ERP fit the ways I do business?

What does ERP really cost?

When will I get payback from ERP—and how much will it be?

What are the hidden costs of ERP?

Why do ERP projects fail so often?

How do I configure ERP software?

How do companies organize their ERP projects?

How does ERP fit with e-commerce?

Just how important have ERP systems become?