All entries for April 2016
April 20, 2016
As th time for age of big data is coming, how to manage mass of data and find the useful information in mass of date is the developing way. Now, big data in business have two developement directions--Business Intellengence (BI) and Enterprise Resource Planning. Now I want talk about the diffrence and common compaired BI and ERP.
BI canbe discrbed as "a set of techniques and tools for the acquisition and transformation od raw data into meaningful and useful information for business analysis perpose", BI fucus on data management. The main fuction of BI is through import data from other systems (ERP data is one of database fro BI) and export the data analysis sumarize. Gnerally speaking, BI can divided three parts. The three parts respetivily are data warehouse (numerous centralized storage of data); data extraction (with extraction tools to find the needed data from data warehouse); and front-end display (such as report, PDA).
Turner,Dawn M. "What is Venture Management".
Yanjun Wang (1550539)
In the internet era, there is an intense competition of business occurring in the means of using information technology to increase the efficiency of the operational and management aspects in organizations. Therefore, changing the strategy toward e-businesses have to adapt the usage of ERP system which could share functions and communication to partners and customers. In addition, it has to develop data evaluating method and interface in order to connect processes for the bonding between ERP and external organization sites. E-business is a kind of business that have a rapid changing in technology and trend, so quick gathering of the useful information is become more serious factor to gain the advantages in the market. Allowing people to easily access to the entrepreneur ERP system helps increase the accuracy of the data while reducing the analysis time for the strategy planning. Thus, the ERP system is now extended to be developed together with the Thin Client or GUI (Graphic User Interface) to reduce the complexity in using the system. This allow the end-users or suppliers to input the data into the system and connect directly to the business. For the users with in organization, the extended ERP creates the convenience in access and interpret the data for analytical usages and reduce learning curve of the system. There are three main advantages of Extended ERP. First is the integration by using ERP-based can centralized between software such as SCM, CRM, and E-commerce, only one input of information can be pulled out for various usage. Moreover, the extended ERP also creates the supply chance network with organizations as center, connecting suppliers’ and customers’ operation with SCM and CRM respectively. Finally, Internet Protocol (IP) and Web application create the system that allow the online access to the data base of organizations, not only by the employees but also partners, suppliers and consumers. The sharing of information both internally and externally all type of business to occur virtually in the world of internet.
Karl M. Kapp, William F. Latham, Hester N. Ford-Latham. Integrated learning for ERP success: a learning requirements planning approach. Boca Raton: The St. Lucie Press; 2001.
Mahesh gupta, Amarpreet kohli. Enterprise resource planning systems and its implications for operations function. Technovation 2006; 687-696.
April 19, 2016
Rapid and efficient flow of streams of information is a prerequisite for the smooth functioning of logistics processes. It is also important to note that the introduction of computerized information processes created an entirely new quality. This also applies to the logistics, where many functions are associated with various transition of information. Modern IT systems support the process of production planning at many levels, from the moment of the generation of orders by customers through the purchase of raw materials, storage of raw materials in the warehouse, production of the finished item with subsequent storage, picking, to delivery to the customer. Having an opportunity to work with ERP system alongside with appropriate modules it is possible to plan, control and manage resources.
However, chosen ERP system may have very good Shop Floor control module but insufficient Advanced Warehousing module. Very advanced Transportation Management module may not go with ‘decent’ Requirements Planning module or Purchasing Module. On the other hand, ERP can offer various modules where functional advancement can be there, however company requires very advanced Requirements Planning module as this is key strategic component of their success.
To me the question stands; how big risk is to ‘move’ specific functionalities to 3rd party systems. Is it good idea to create all necessary interfaces for the ERP to be able to communicate with second system or is it usually better to try to keep as many modules as possible from one provider. The benefit of second option is seamless integration, no interfaces, less risk (especially at implementation phase). Obviously answer would be different for each company. But we need to be prepare for choice we possibly would need to make at some point. Should we sacrifice functionality for benefit of seamless integration? Should we pay more for unused functionalities for some modules to use integrated system which is outstanding in single, strategic way? Or should we choose customization path?
April 17, 2016
The ubiquity of the smartphone might lead the ERP system to a new application. In some aspects, companies are willing to applicate the new technology. For example, it is benefit for companies if personnel are willing to provide their technology for business things.
However, some challenges appear for IT people. the main concerns are security and two main compatibility. It is difficult to control personal devices and prevent the devices form hight risks way of personal usage habit. in addition, two compatibility environment, iSO and Adroid, and variations of Android from all the phone manufacturers make mobile ERP more complex. How to cope with the new version of operating system and how to update without interfering business work are issues for the IT people.
The application of moblie ERP still have many restrictions at this time. However, the technology of moblie ERP application is gradually matured and the barriers to use mobile ERP is reducing. It is possible that the usage of mobile ERP will increase faster than expectation.
April 10, 2016
SME'S in the developing nations are the most aggressive adopters of ERP to their business process. The online server hosted off the site is best suited for such growing SME's because the payment needs to be made in accordance with their need and usage. Using a cloud-based ERP server reduces the capital expenditure by not investing money in the server infrastructure.
When the different functions of ERP such as CRM,HR etc. are hosted in different clouds, separate administration of different systems costs time and money. The use of the required function in an integrated cloud reduces the expense and increases the efficiency of the business process. The server and software package providers pitch their marketing skills to which SME's fall as a bait which ends up making the business go the downward spiral.
To be successful and to outgrow the competitors every business has to deliver the highest quality on time and quickly possible at the cheapest cost. Hence, every SME who is the planning stage on wheater to adopt an ERP package should think in detail of what the outcome and benefits would be in a long run
Arjun Sunil Kumar