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Enterprise Resource Planning |
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Enterprise Resource Planning (ERP) systems are software solutions that integrate and provide desired data in real-time to users in any functional part of the enterprise allowing everyone to operate in-sync and with less trouble. Typically, ERP systems encompass the major functions in the manufacturing environment: order management, production planning, production scheduling, production management, inventory management, Sale & distribution, and product pricing & costing. The enterprise database is critical to all the activities and is the nerve center of the ERP system. An ERP system enables the company to focus on the five R's, which are essential for a profitable operation: producing the Right Product of the Right Quality in the Right Quantity at the Right Time and at the Right Price to the delight of the customer. While providing "Asset Visibility", the status of an order or product throughout the enterprise, an ERP system can serve as a valuable decision-making tool and help the company answer the following key questions:
A well-designed ERP system will have separate "modules" to answer questions related to each facet of an enterprise’s operations while simultaneously providing an overall or an integrated view of the entire enterprise business processes. |
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