ERP in Budget Car Manufacturing: Features, Benefits, and Analysis

This presentation explores the application of Enterprise Resource Planning (ERP) software within the context of budget car manufacturing. It begins with an introduction to ERP, defining its role in integrating enterprise functions. The presentation then details the various components of ERP software, including cost inventory, budgeting, logistics, data analytics, human resource management, team collaboration, and customer relationship management software. Each component's benefits are thoroughly examined, highlighting how they can improve cost reduction, production quality, budget preparation, logistics tracking, report generation, employee performance analysis, team collaboration, and customer service. The presentation also addresses the specific requirements of budget car production, such as effective budgeting, cost control, reduced delays, better resource management, and improved customer relationships. Furthermore, it contrasts ERP with traditional Java-based applications, emphasizing the special features ERP provides, such as automatic data analytics, ROI-based budgeting, and customer data backup. The presentation concludes by underscoring the value of ERP investments for organizational growth and profitability.

ERP For Budget Car

What the presentation will
include
 introduction to the topic
 components of ERP software
 benefits of the ERP software
 application for budget cars
 differences to traditional java based
applications
 conclusion

ERP and what it means ?
an all in one application for integrating
all the enterprise function in a single
place for controlling all aspect of
enterprise planning (Aloini Iet al. 2015)

components of ERP
software
 cost inventory software
 software for budgeting
 software for logistics
 software for data analytics
 software for human resource
management
 software for team collaboration and
 software for customer relationship
management

Benefits of cost inventory
software
 identify areas where cost can be
reduced
 overall quality of the production in
budget (Huang and Handfield 2015)
 Automatic budget and cost analysis

Benefits of software for
budgeting
 Effective preparation of budget with
reference to investment and the
desired ROI (Kumar 2018)

Benefits of software for
logistics
 track each of the process in logistics
 Tracking of shipment of parts from
warehouse to production (Seethamraju
2015)
 Tracking of shipment of parts from
production plants to showroom
 smart and accurate tracking for lesser
delay in production

Benefits of data analytics
software
 preparation of various reports
including income reports, expense
statements, and key performance
indicators (Nowak and Kurbel 2016)
 Report of inventory status updates
 Automation for each report preparation

Benefits of human resource
software
 proper analysis of performance of the
employees (Jain and Sharma 2016)
 Performance analysis of employees based
on data such as attendance, fulfillment of
target
 Data driven analysis for better transparency
and effective resource management
 Better resource management for effective
cost planning (Sudhaman and Thangavel
2015)

Benefits of team
collaboration software
 share information across the teams in
faster, efficient and organized way
(Rosemann and Wiese 2015)
 integration of cloud platform to access
the information from anywhere
anytime
 Better team collaboration for better
productivity

Benefits of CRM software
 serve customer based on data
including preference to certain
products, habit of purchase, and
preference for budget
 Automatic generation, integration and
analysis of these data with the
software
 Better customer service for longer
customer retention

Requirement of budget car
production
Some common requirement for the budget car are
the following:
 effective budgeting
 proper cost control (Daneva and Wieringa 2015)
 lesser delay in preproduction and logistics
 better resource management
 ability to resolve production issues quickly
 better customer relationship and security of
customer data
 effective product promotion (Hong and Kim 2017)

What special feature ERP
provides ?
Additional features ERP provides that the
traditional java based application does
not provide are:
 automatic data analytics of customer
 budgeting based on investment and
ROI,
 automatic backup of customer data for
better security
 cost inventory analysis

Conclusion
ERP application although requires higher
initial investment than the traditional
enterprise application in the market.
However the investment is worth if
organizations are looking for growth and
profits that are legal, ethical and
persistent

Reference
 Aloini, D., Dulmin, R., Mininno, V. and Spagnesi, A., 2016. Benefits and barriers of social/collaborative
ERP systems: a state of the art and research agenda. In Strengthening Information and Control
Systems (pp. 171-184). Springer, Cham.
 Daneva, M. and Wieringa, R., 2015. Cost estimation for cross-organizational ERP projects: research
perspectives. Software Quality Journal, 16(3), pp.459-481.
 Hong, K.K. and Kim, Y.G., 2017. The critical success factors for ERP implementation: an organizational
fit perspective. Information & management, 40(1), pp.25-40.
 Huang, Y.Y. and Handfield, R.B., 2015. Measuring the benefits of ERP on supply management maturity
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