ERP through MANAGEMENT INFORMATION SYSTEM

Group no. 4

Concept of MIS
A management Information System (MIS) provides information which is needed to manage organizations efficiently and effectively

computer-based system that provides managers with the tools for organizing, evaluating and efficiently running their departments. In order to provide past, present and prediction information

Concept of ERP
A software system that integrates core business areas such as manufacturing, distribution, financials, human resources and other functions.
ware house FA dept.

Example:
.

in Singapore

Enter customer order

in India

CRM at China

ERP

Sales dept. in UK

Definition
Enterprise resource planning (ERP) a business process such as order fulfilment, which involves taking an order from a customer shipping it and billing. It also a business management system that integrates all of the business, including Planning Manufacturing Sales Marketing Operations and many other functions of business.

Scenario after ERP

(1990 onwards)

Features

Why ERP?
For Management To know what is happening in the company One solution for better Management
To satisfy the customers with high expectations

To achieve cost control & low working capital

How company can form ERP?

Developing a custom-built ERP package, specific to the requirements of the organization: Option 1 Using Internal resources with the help of the in-house IT department Option 2 Using External resources with the help of a software solution provider

Cont
Option 3 - BUY Going for Tailor-made ERP packages available in the market like SAP, Oracle applications, Baan, PeopleSoft etc.

How ERP has simplified the Order Process in HP

ERP takes a customer order

All the information of customer necessary to complete the order is available

People in all different departments, see the same information and can update it The order process moves like a bolt of lightning through the organization Customers get their orders faster and with fewer errors on/before time

Flow of order using ERP(SAP) in HP

Advantages of ERP implementation in Compaq

Sales forecasting, which allows inventory optimization

Order tracking, from acceptance through fulfilment

Revenue tracking, from invoice through cash receipt Matching purchase orders (what was ordered) inventory receipts (what arrived) and costing (what the vendor invoiced)

Relation between ERP and MIS(JERIN)

Management Information System

Resource

Enterprise Resource Planning

Leads To Focusing On Creating Value And Improving Business Processes And Better Customer Satisfaction.

Drawbacks
Lot of hidden costs Chances of cost & time overrun are high

Compulsion to pay for redundant modules/features Vigorous involvement of all during implementation
Dependency on outsiders is high