ERP and E - BUSINESS(Aditya and Manish)

7/27/2019 ERP and E - BUSINESS(Aditya and Manish)

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ERP AND E - BUSINESS

SUBMITTED BY ADITYA MEENA, MANISH SRIVASTAVA

ENTERPRISE RESOURCE PLANNING


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Defining ERP

ERP stands for Enterprise Resource Planning. A software solution that addresses enterprise needs taking the

process view of an organization to meet the organizationgoals.

It integrates all the departments and functions across acompany into a single computer system that can serve allthose different departments particular needs.

An ERP system is analogous to the internal technological hubof a company.

The five major processes in a typical ERP

system are:finance, logistics, manufacturing,

human resources and sales/marketing


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Defining ERP

ERP Combines various department systems into a single,integrated software program that runs off a single database sothat the various departments can more easily shareinformation and communicate with each other.

It standardizes and speeds up the manufacturing process. This

saves time, increases productivity and reduces head count. It reduces the inventory.

Due to the information available about

all the orders it helps to maintain the

right level of stock and smoothes

the manufacturing process.


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E Business through ERP

E-business stands for "electronic business," whichinvolves communications and doing businesselectronically through the Internet. E-business is

defined as "the use of electronically enabledcommunication networks that allow businessenterprises to transmit and receive information

It can significantly improve business performanceby strengthening the linkages in the value chain

between businesses and consumers .


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Companies construct their systems' architecturesby integrating ERP systems with e-business.

E-business through ERP creates a strategic,

customer-focused business environment forshared business improvements, mutual benefitsand joint rewards.

E Business through ERP


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How the two work

together In a traditional business process, after a customer

order is received, the order information flows fromdepartment to department through order entry,manufacturing, warehousing, distribution and

finance until the product is delivered to the customerand the payment is received.

The key elements of the value chain have beencontrolled by separate and disparate informationsystems that could not communicate with oneanother.

Not only did the companies not take an integratedview of their own business processes, but they alsohad an equally vague understanding of how theirsystems relate to the systems of their suppliers,competitors, business partners, distributors andcustomers.


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How the two work

together Hence, these transactions are typically carried

out with minimal or no shared business processes.

This traditional approach to

ebusiness did not yield the

desired profit margins due to

a nonstreamlined approach.


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How the two work

together In recent years, there has been a revolution in

systems planning and design.

Management takes an integrated company-wide

view of its IT investments and choices, andimplements an ERP system that integrates the corebusiness processes of an entire company into asingle software and hardware system.

Customers, suppliers and business

partners are consciously includedin the business process,

systems operation and systems

development.


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How the two work

together An ERP system is analogous to the internal

technological hub of a company.

When fully implemented as an integrated suite, it

can be thought of as a company's centralrepository.

The focus of ERP systems is on the efficiency andeffectiveness of the internal process.

It offers a way to streamline and align businessprocesses, increase operational efficiencies andbring order out of chaos.


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To Conclude..

E-business is focused on efficiency andeffectiveness of external, cross-enterpriseprocesses.

While ERP technology supports business

strategy

The Web technology provides the bridge betweencompanies and their business partners to make e-business possible, while e-business makes the ERPsystem more transparent and outward.


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Instead of thinking about ERP within a company,the ERP system can be viewed along the valuechain of companies in the same industry, or

across industries. When e-business is integrated with ERP, the whole

extended system provides a vision of businessprocesses that span multiple businesses andenterprises.

In the most ideal case, companies should be ableto connect disparate platforms, applications anddata formats across the value chain, including notonly suppliers, but also customers as well.

To Conclude..


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Furthermore, companies should retain theflexibility to change and add functions toapplications as business needs evolve.

Companies need to be able to adapt their ERPsystems to the emerging world of e-business.

To Conclude..


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Case Study

Nantucket Nectars, a juice manufacturer with 40%growth and $70 million in annual sales revenue, sellsits organic juices through 150 distributors nationwideas well as general stores and juice bars in

Nantucket. It has selected Oracle Corp.'s E-Business Suite

comprised of Oracle Customer RelationshipManagement (CRM) and Enterprise ResourcePlanning (ERP) applicationsto help the companybetter understand its business and improverelationships with its distributors.

By using Oracle's ERP system and e-businessplatform, the salespersons can track sales andpromotions through the Internet, and are providedassistance and suggestions to enhance theirperformance.


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Case Study

The salespersons and distributors have access to commissionreports, and they can track and adjust sales orders.

Through consolidating its financial, compensation, sales anddepletion data into a single report, Nantucket prevents out-of-stock and partial shipments.

The forecasted need for 50% more labor force to handlecustomer service issues in the past was eradicated byintegrating ERP system with e-business


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Credits

http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464

http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001
http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.beverageonline.com/article.mvc/Nantucket-Nectars-Implements-Oracles-E-Busine-0001http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464http://www.thefreelibrary.com/Oracle(R)+Software+Turns+Up+the+Juice+at+Nantucket+Nectars.-a058341464


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ERP and E - BUSINESS(Aditya and Manish)