ERP Sim Distribution Report: Market Simulation and Analysis

This report analyzes the functionality of ERP Sim software, highlighting its application in simulating market conditions, automating business processes, and providing real-time insights. The software's ability to simulate market dynamics, such as sales orders and financial statements, is emphasized. The report details the simulation of market activities in the German market, segmented into three regions, and the use of the software for monitoring and analyzing sales data and the impact of product pricing. The report underscores the software's role in providing a comprehensive overview of business functions, supporting informed decision-making, and offering a platform for understanding the implications of various processes. It also stresses the importance of the ERP Sim software in providing a step-by-step monitoring of functions to comprehensively measure business performance.

ERP Sim Distribution 1
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The major attraction of ERP Sim is its ability to effectively design and execute business
processes models and enable thorough analysis in monitoring and simulation of results while
giving a near real-life situation. The software plays a significant role in conducting market
simulations, administrative processes automation, and passing of time simulation, which offers a
virtual reality in monitoring events ( YouTube 2020 https://youtu.be/eZwEi8FJXNk ). It is a
building tool in the simulation process.
Adoption of ERP Sim in an organization gives it an upper advantage of promoting critical
thinking and encourage evaluative thinking before a given process is adopted in the organization.
Due to the open-ended nature of the software, it allows the management to contemplate the
possible implications of the process is adopted (YouTube 2020,
https://youtu.be/01xnFpErUXg ). During the Market simulation, the ERP Sim software creates a
virtual situation that feels real, which allows the management to engage in more interactions with
other players in the market.
In the passing of time automation, the software works to determine how time is spent in 60 days,
which is subdivided into three batches of 20 days each. This helps in understanding the overall
employee returns in that given period of time. This is important in visualizing decisions
analyzing their impact and necessary changes made. It is essential to ensure proper employee
management. The management finds the software more useful as they can experience
employee’s involvement in the business processes first hand rather than hearing it from other
sources.

ERP Sim Distribution 3
The system helps the management of the firm to keep track of updates done on the pages. This
makes it easier to know how the company is performing up to date. This will be advantageous to
determine business performance in relation to its customers. The ERP Sim software can also be
used in monitoring and producing financial statements in the company, which can be used in
assessing how the company is managed.
The sales order report gives detailed information on the sales order, the product distribution
channel, type of product sold, the customer, the sales volume, and the time the invoice will be
met. The software simulates the sales order in 5 simulated, allowing the management to
benchmark the performances against those of other prominent players in the market.
In the German market, the market is segmented into three segments North, South, and West. The
target customers in the market are the retail sellers, which is shared with the competitors. In
order to effectively monitor this market, the simulation software will allow the firm to conduct a
simulation for 60 days of market activities divided into three rounds each of 20 days. This is
done in a reversed manner in monitoring a stable market majorly affected by the product price
(YouTube 2020 https://youtu.be/De46k4H11rw ). The reverse monitoring helps in getting an
apparent mastery of the full process step by step.
ERP Sim Distribution software gives the management market monitoring and learning ability
rather than a summative measure. It provides a step by step concise monitoring of all functions
for a comprehensive measurement and a de-brief mechanism when the processes are
implemented in the real business environment.

ERP Sim Distribution 4
References
YouTube (2020). Retrieved 18 April 2020, from https://youtu.be/eZwEi8FJXNk.
YouTube (2020). Retrieved 18 April 2020, from https://youtu.be/01xnFpErUXg
YouTube (2020). Retrieved 18 April 2020, from https://youtu.be/De46k4H11rw