- Enterprise wide view: Extending
the scope from the production concentration
to an enterprise-wide view.
- Collated information available at
your fingertips in a central repository.
Data / information can be replicated at
various locations as per need.
- Inventory Optimization: Optimum inventory
level maintained, and dead stocks can be
eliminated
- Critical Analysis: Analyze information
at the level required by the professional
accessing it (summary to as detailed as
required)
- Better planning: e.g. Checking trends
of historical data, and forecasting the
consumption required
- Better managerial decisions: e.g. Based
on forecasting and other key-factors-analysis,
to decide the optimum time to purchase raw
material
- Scalability: The analysis of
information facilitates the company to take
decisions of scaling its
growth as per demand / market. The base
system can be used for an integrated view.
- Effective use of key professionals: Key
personnel can now spend more time on key business
roles; and the repetitive, time-consuming
activities can be done by the machine /
computer.
- Security: Data is restricted to a group / professional,
based on (access) rights to view / modify
that data
- Data Integrity: Data being
maintained in a central repository ensures
that data integrity is maintained across all the business processes
- Financial Management: e.g. An
integrated view of the data and processes
facilitates an audit process;
and less time / manpower are required for
the same
- Conduct business using
computers / electronic media; instead of the
traditional way through papers, files.
It is important to understand that without
the process being implemented, the software
alone cannot bring any value.
*
NOTE: Multi-locations support: The
software being web-enabled, even if
inventory, warehouses, factories,
distribution, purchasing, retail / POS /
Point of Sale outlets are in various
locations across the world, one is able to
manage business easily.
For example, the locations could be
worldwide, as far and wide as New York /
Chicago / Los Angeles (United States),
London (UK / England), Tokyo / Osaka
(Japan), Moscow (Russia), Shanghai / Beijing
(China), Singapore, Bangkok (Thailand),
Jakarta / Surabaya / Bekasi (Indonesia),
Berlin (Germany), Toronto (Canada), Seoul
(South Korea), Sao Paulo / Rio de Janeiro /
Salvador (Brazil), Buenos Aires (Argentina),
Rome (Italy), Madrid (Spain), Taipei
(Taiwan), Mexico City, Istanbul (Turkey),
Havana (Cuba), Riyadh / Ar-Riyad (Saudi
Arabia);
or the locations could be in just cities of
one country like pan-india, it could be:
Mumbai (Bombay), Delhi, Bangalore, Kolkatta
/ Kolkata (Calcutta), Chennai (Madras),
Hyderabad, Pune, Ahmedabad, Surat,
Chandigarh, Cochin, Noida, Faridabad,
Ghaziabad, Gurgaon, Dehradun, Jaipur,
Bhopal, Indore, Lucknow, Kanpur, Nagpur,
etc.
-
Enterprise Resource Planning (ERP):
ERPs integrate, or attempt to integrate, all
data and processes of an organization into a
single unified system.
ERP supports various business processes
through integrated modules such as Marketing
and Sales, Production, Inventory Control,
Procurement, Distribution, Finance and
Accounting.
-
Customer Relationship Management (CRM):
The general purpose of CRM is to enable
organizations to better manage their
customers through the introduction of
reliable systems, processes and procedures.
It includes the methodologies, technology
and capabilities that help an enterprise
manage customer relationships.
-
Warehouse Management System (WMS):
WMS primarily aim is to control the movement
and storage of materials within a warehouse
and process the associated transactions,
including shipping, receiving, putaway,
picking, process orders, and handle returns.
WMS is a key part of the supply chain. WMS
can be stand alone systems, or as module of
an ERP or SCM system.
-
Supply Chain Management (SCM):
SCM
is the process of planning, implementing,
and controlling operations of the supply
chain with the purpose to satisfy customer
requirements as efficiently as possible. It
spans all movement and storage of inventory
/ raw materials, work-in-process inventory,
and finished goods from point-of-origin to
point-of-consumption. SCM encompasses the
planning and management of all activities
involved in sourcing and procurement,
conversion, and all logistics management
activities. It also includes coordination
and collaboration with channel partners,
which can be suppliers, intermediaries,
third-party service providers, and
customers. In essence, Supply Chain
Management integrates supply and demand
management within and across companies.
-
Business Intelligence (BI):
is a broad category of applications and
technologies for gathering, providing access
to, and analyzing data for the purpose of
helping enterprise users make better
business decisions. The term implies having
a comprehensive knowledge of all of the
factors that affect your business. It is
imperative that you have an in depth
knowledge about factors such as your
customers, competitors, business partners,
economic environment, and internal
operations to make effective and good
quality business decisions. Business
intelligence enables you to make these kinds
of decisions.
An ERP application example in a manufacturing
supply chain underlines its benefits. A
Customer places an order for a product;
the details of which are captured in the
purchase system. This information is then
shared with the production / manufacturing
department; and subsequently the shipping
department for delivery. An invoice is generated
by the finance department, which is sent
to the customer. Upon delivery of the goods,
the inventory system is accordingly modified.
Without an automated system, all this information
would flow through various departments and
would be tracked on paper of a file. On
the other hand, if the enterprise has an
ERP application implemented, this information
is available to any department at any time.
This would save a lot of time in execution
of the order at various levels/departments.
Also, it would ensure good business visibility,
enhance tracking, and facilitate planning.
(Source: Internet, Wikipedia and others)
For exploring possibilities, call us; or you
may reach us at
info@simext.com
Simext's Head Office is based in Mumbai
(Bombay), India.
Services globally and
pan-India (including: Mumbai (Bombay),
Delhi, Bangalore, Kolkatta (Calcutta),
Hyderabad, Chennai (Madras), Pune, Ahmedabad,
Surat, Chandigarh).
