ERP Overview

Enterprise Resource Planning (ERP)

ERP become the very phenomenal word in today’s business scenario. Many people would like to understand what is ERP, What are the benefits of ERP, What is SAP.  Let’s understand ERP & explore why ERP is necessary for today business

What is ERP

<!--[if !supportLists]-->•       <!--[endif]-->ERP Stand of Enterprise Resources Planning

<!--[if !supportLists]-->•       <!--[endif]-->An ERP systems integrate internal and external information across procurement, manufacturing, sales and service, customer relationship management, Human Resources & Finance departments

<!--[if !supportLists]-->•       <!--[endif]-->ERP systems automate this activity with an integrated software application.

<!--[if !supportLists]-->•       <!--[endif]-->Their purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders

<!--[if !supportLists]-->•       <!--[endif]-->SAP is an ERP.

ERP - Benefits

<!--[if !supportLists]-->•       <!--[endif]-->Eliminates the duplication, discontinuity and redundancy in data

<!--[if !supportLists]-->•       <!--[endif]-->Increases the return on investment made on IT implementations

<!--[if !supportLists]-->•       <!--[endif]-->Delivers quality information designed for the Enterprise as a whole

<!--[if !supportLists]-->•       <!--[endif]-->Faster and cheaper

<!--[if !supportLists]-->•       <!--[endif]-->Delivers quality information to produce a quality enterprise

<!--[if !supportLists]-->•       <!--[endif]-->Satisfying Partners/Customers

<!--[if !supportLists]-->•       <!--[endif]-->Reducing required manpower, Reduce operating costs

<!--[if !supportLists]-->•       <!--[endif]-->More easily manage

                    - complex corporate structures,

                    - market channels, and business scenarios

<!--[if !supportLists]-->•       <!--[endif]-->So, we can understand that in today global environment every business needs to be run on one or another ERP

There are many ERPs in the market……..

<!--[if !supportLists]-->q  <!--[endif]-->   SAP

<!--[if !supportLists]-->q  <!--[endif]-->   BAAN

<!--[if !supportLists]-->q  <!--[endif]-->   JDEDWARD

<!--[if !supportLists]-->q  <!--[endif]-->   EXCEED

<!--[if !supportLists]-->q  <!--[endif]-->   Siebel

<!--[if !supportLists]-->q  <!--[endif]-->   Oracle Financials

<!--[if !supportLists]-->q  <!--[endif]-->   Ramco

<!--[if !supportLists]-->q  <!--[endif]-->   Etc.

But SAP is the leader, see how??

 SAP is the Leader of ERP

<!--[if !supportLists]-->•       <!--[endif]-->In past 35 years,  SAP became a global leader in business software,

<!--[if !supportLists]-->•       <!--[endif]-->Serving more than 89,000 customers worldwide with over 12 million business users.

<!--[if !supportLists]-->•       <!--[endif]-->SAP ERP is a world-class, fully integrated application that fulfills the core business needs across all industries .

<!--[if !supportLists]-->•       <!--[endif]-->It helps manage financials, human capital management, procurement, logistics, asset management and corporate services.

<!--[if !supportLists]-->•       <!--[endif]-->SAP R/3 Systems are client systems. - The client concept enables the parallel operation, in one system, of several enterprises that are independent of each other in business terms.

Hallmark of the Leader for each industry

<!--[if !supportLists]-->•       <!--[endif]-->Every big company is using SAP

SAP in India – Some Interesting Facts

<!--[if !supportLists]-->•       <!--[endif]-->11 out of 16 “Navratnas”  run SAP

<!--[if !supportLists]-->•       <!--[endif]-->9 out of 10 most profitable and largest companies run SAP

<!--[if !supportLists]-->•       <!--[endif]-->24 out of 30 companies in Sensex run SAP

<!--[if !supportLists]-->•       <!--[endif]-->37 out of 50 companies in Nifty run SAP

<!--[if !supportLists]-->•       <!--[endif]-->36 out of 50 in ET 500 run SAP

<!--[if !supportLists]-->•       <!--[endif]-->21 of the top 25 brands in India run SAP

<!--[if !supportLists]-->•       <!--[endif]-->18 of the 20 companies listed in the BCG Global Challengers list run on SAP

<!--[if !supportLists]-->•       <!--[endif]-->25 out of the 40 Largest Indian Companies named by Forbes run SAP

<!--[if !supportLists]-->•       <!--[endif]-->7 out of the 13 Indian firms named by Business Week in 'Asia's Hot Growth Companies' list run SAP

Now we have seen that most of the renowned industries are on SAP, so each of these companies require SAP Consultants.