Understanding Enterprise Resource Planning (ERP) System
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Added on 2023/06/05
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This presentation provides an overview of Enterprise Resource Planning (ERP) System, its architecture, modules, benefits, and limitations. It also discusses the current trends and future improvements of ERP. The presentation focuses on a delivery company that uses ERP to manage its operations.
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ENTERPRISE SYSTEMS NAME OF STUDENTS NAME OF INSTRUCTOR NAME OF INSTITUTION DATE
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What is enterprise resource planning (ERP) system? Enterprise systems refers to softwares that focus on important areas of business operations. The business areas include such as accounting, finance, sales and marketing and procurement.
Introduction The business has put agreements in place with restaurants that produce the meals and drinks ordered by the customers. The customers place orders to the delivery company and wait for meals at the designated place.
ERP Architecture The architecture will involve a two-tier that handles both application and database activities(Anon., 2018). The customers place order details such as the price, amount and quantity.
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ERP Architecture The ERP system passes information to both the producer and the delivery company (Juneja, 2018). The system also sends information to the delivery personnel who collects the order from the hotel and takes to the customers’ place.
ERP Modules The system entails an inventory module that manages the amount and quality (Nimbalkar, 2013). The module updates the producers and the customers about the products available for delivery.
ERP Module The system also entails a sales module that manages the customer relations. The sales module prepares invoices, tax reports and the available discounts (Anon., 2018).
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The Benefits of ERP The system will improve the reporting to the producers and customers (Devraj, 2017). The system will also increase productivity by enhancing the communications between the customers and producers.
The Limitations of ERP The system will require training and recruitment of new employees. The system will also involve high expenses due to the procurement costs (Prajapati, 2018).
The Current ERP Trends The future improvements will include the introduction of blockchain. The blockchain technology will reduce the supplying costs and improve the tracking of products (Harpham, 2018).
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The current ERP trends The delivery company wishes to introduce blockchain technology to the supply of meals and drinks to the customers. The company anticipates the reduction of supply costs by 20% (Harpham, 2018).
Discussion The ERP system does not replace the human labour. Therefore, the employees should not fear the changes. The system will increase efficiency in the operations.
Conclusion The delivery company has experienced an increase in customers and revenues due to the extensive marketing activities. The introduction of the ERP system will increase the productivity and profits in the future.
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References Anon., 2018.ERP Architecture.[Online] Available at:www.erppandit.com/erp-architecture.html [Accessed 25 11 2018]. Devraj, V., 2017.ERP Advantages and Disadvantages.[Online] Available at:https://selecthub.com/enterprise-resource- planning/erp-advantages-and-disadvantages/ [Accessed 25 11 2018].
References Harpham, B., 2018.6 ERP Trends For 2018.[Online] Available at:https://www.cio.com/article/3285653/enterprise- resource-planning/6-erp-trends-for-2018.html [Accessed 25 11 2018]. Juneja, P., 2018.Technical Foundations of ERP Architecture. [Online] Available at:https://www.managementstudyguide.com/erp- architecture.htm [Accessed 25 11 2018].
References Nimbalkar, S., 2013.Basic Modules of ERP System.[Online] Available at:https://www.esds.co.in/blog/basic-module-erp- system/ [Accessed 25 11 2018]. Prajapati, V., 2018.The Benefits of ERP and It's Challenges. [Online] Available at:https://www.techprevue.com/erp-benefits- challenges/ [Accessed 25 11 2018].