MANAGEMENT
K.AMBICA BAI
STUDYING IN B.TECH (IT) II YEAR
PIN CODE :- 07R95A1201
OF
2) ERM (enterprise resource management) also describes software that manages all
of a company's assets and resources, including such basic applications as general
ledger, accounts payable and receivable, as well as manufacturing, inventory, and
human resources.
ORIGIN OF THE TERM
The term ERP originally implied systems designed to plan the use of enterprise-wide
resources. Although the ERP originated in the manufacturing environment, today's use
of the term ERP systems has much broader scope. ERP systems typically attempt to
cover all basic functions of an organization, regardless of the organization's business or
charter. Businesses, non-profit organizations, nongovernmental organizations,
governments, and other large entities utilize ERP systems.
However, the term is typically reserved for larger, more broadly based applications. The
introduction of an ERP system to replace two or more independent applications
eliminates the need for external interfaces previously required between systems, and
provides additional benefits that range from standardization and lower maintenance (one
system instead of two or more) to easier and/or greater reporting capabilities (as all data
is typically kept in one database).
ENTERPRISE APPLICATIONS
Just ten years ago most leading companies became focused on the concept of integrated
business processes and information systems. A key success factor in achieving
competitive advantage was substantially improving internal operations. So back then the
objectives seemed simple-streamline operations, reduce costs and integrate information.
But in little more than a decade, the rules of the game have changed significantly. The
economic downturn, coupled with a fiercely competitive and cost-sensitive environment,
has created a situation in which "internal" focus is insufficient for successfully managing
an enterprise. Understanding the critical nature of collaboration, today's successful
companies have expanded their sphere of influence and relationships to encompass all
constituents: suppliers, customers, regulators and investors. A key enabler for
establishing and fostering collaboration is technology, for which the primary applications
are Enterprise Resource Management (ERM) systems.
ENTERPRISE APPLICATIONS
• Process Redefinition & Improvement
• Package Evaluation & Selection
• Full-Suite Enterprise Application Implementation
• Industry Solutions
• Enterprise Application Integration (EAI)
• Business-to-Business Integration (B2Bi)
• Program Office Management
ERM is the logical combination of more traditional Enterprise Requirements Planning
(ERP) systems, including collaborative Supply Chain Management (SCM) systems and
web-enabled platforms. Each leverages the other to deliver a high rate of return for
companies willing to make the investment in their people, processes and technology.
However, companies operating and competing without an ERM strategy today are
saddled with burdensome processes, high costs and dwindling market share. In the 21st
century, embarking on an ERM process and system implementation is not an option, but
a strategic imperative.
With fully-integrated systems finally allowing for real-time information exchange
between internally and externally driven business processes, a company's capability to
rapidly adapt to changes in market conditions can be substantially accelerated, resulting
in decreased costs.
ERM supports all of an enterprise's internal and external business processes, including:
• Planning and forecasting
• Order management, procurement and inventory management
• Financial management
• Human resource management
ENTERPRISE APPLICATIONS PRACTICE
Efficiency and effectiveness are the goals of every enterprise systems project.
Procom's experience designing these systems for its transparent business model,
combined with years of field implementation experience with our partners, allows
Procom's team to perform rapid and accurate gap analyses for your organization. Once
identified these strategic gaps are filled and organizational performance improved.
From financials and supply chain to human and customer resource management, the
cost of transitioning to enterprise applications is high enough prior to integration,
upgrades and support. Procom's enterprise applications specialists work with these
leading technologies to get the job done cost-effectively.
BENEFITS
Optimize Resources
• Generate optimal staffing solutions to meet both project and corporate objectives.
• Use match fit scores to find the resource that will maximize revenue, improve
performance, and reduce project costs.
Today, competitiveness means making the most of all resources in your waterworks,
sewage works, pump stations or waste treatment plants: Knowledge, time, technology,
money, customer relationships – all the way down to your company’s most valuable
asset, human resources. IT-based management solutions are the key to doing this. They
can consolidate information to assist in decision-making, support management processes
and accelerate flows. They enable efficient planning and control of all purchasing, value
creation and sales and marketing processes. Siemens is your ideal partner. With our IT
and sector-specific knowledge, we provide solutions that help you make better decisions
faster.
INCREASING YOUR COMPETITIVE ADVANTAGE
The value of an ERP solution tailored to your industry becomes obvious in every area:
reduced energy and material consumption, less tied-up capital, faster response to
customer requirements, safer and more stable processes. omer requirements, safer and
more stable processes. Short for enterprise resource planning, a business management
system that integrates all facets of the business, including planning, manufacturing, sales,
and marketing. As the ERP methodology has become more popular, software
applications have emerged to help business managers implement ERP in business
activities such as inventory control, order tracking, customer service, finance and human
resources.
SAP Americas is a subsidiary of SAP AG, the world's largest business software company
and the third-largest software supplier overall. SAP Americas' corporate headquarters is
located in Newtown Square, PA, a suburb of Philadelphia. Our officers and executives
lead a team of professionals
Atos Origin is one of the leading players in the ERM market, as it is widely recognized
by industry analysts and clients, with the unique ability to provide full lifecycle support
for Enterprise Resource Management (ERM) systems. This consists of our “Design,
Build, and Operate” philosophy, which includes Selection, package implementation,
Application Management and Application Hosting services in the ERM domain.
For many clients, ERM solutions are the most strategic applications in their application
portfolio. Atos Origin customers are always demanding for more cost efficiency and Atos
Origin has become the key partner in ERM for them, being able to answer adequately to
their various requests.
Some of the key processes, part of ERM solutions provided by Atos Origin, include:
Finance and accounting processes that request higher and higher automation and very
strong reliability, to both comply with increasing regulation (SoX, IFRS, ..) and with
increasing needs to get early closure information
Procurement optimization demands very precise and real time information on suppliers
Human Resources Management has become an area of focus for large corporations that
are willing to implement wide scale and integrated skill monitoring, career tracking,
training needs, staff optimization etc.
ERM supports not only back office functions, but increasingly expand to other functions
as Customer Relationship Management (CRM), Supply Chain Management (SCM) and
Business Analytics, as these extended functions are now typically available from ERM
application package providers.
Although mastering extensive functionality of ERM packages is key for success, the
major challenge of the SI work remains to implement and integrate ERM systems to other
legacy systems which is not only technical in nature. It also involves the adoption of new
business processes and, as a result, has a major impact on the client organization and
personnel.
CONCLUSION
ACKNOWLEDGEMENT
I thanks head and staff of information technology department of Teegala Krishna Reddy
Institute of Engineering, Saroor Nagar for guiding me to present this paper.