Business Modules of an ERP Package

Business Modules Of An ERP Package

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What

is Business?

y

Not just buildings, building s, machinery or money. money.

y

Business is people who voluntarily come together because they can do much more working together than they could work alone.

y

There are also people who work on their thei r own known as Entrepreneurs.

y

Land, labor and capital when combined in a rational way way becomes productive.









Chapter

Objectives

y

ERP packages packag es contain different modules.

y

In this chapter we will see some of the most common available in almost all packages.

y

ERP is different and capable of producing dramatic results in the integration and automation of various business functions.

y

They send and receive receive data across departmental depar tmental barriers.

y

ERP reduces response and reaction times which is









Management combines t he Business Resource to produce goods Natural Resources + Human Resources+ Financial Resources

Management Production Process









In y y y

y

y

a non ERP situation!

Company

receives a purchase order Order entry clerk enter the order details Order details passed on to the finished goods inventory section Inventory clerk will check whether the items ordered are available or not. If items are available, the distribution department is notified, they will pack the item and send it to the customer.









y

The manufacturing department receives the production plan and checks whether all the items required to make the in the inventory.

y

If not, the purchasing department is asked to procure raw materials.

y

If the materials are available, then the production department in association with the plant maintenance sets up the machines for production. production.











IN

AN ERP SITUATION











ERP Modules











ERP System y y

Same activities happens differently differently in an ERP System. As soon as order entry clerk, enters the order into the system, the system clerk checks the inventory records, and











y

The information is transferred electronically through electronic data transfer and payments received through Electronic Funds Fund s transfer tra nsfer..











Functional

Modules of ERP













ERP Syst Systems ² Busi Busines ness s Envir Environme onment nt











ERP Modules











1. FINANCE

MODULE











y

And you need to t o know that this t his same sa me ¶today·s· ¶today·s· data represents every segment s egment of





































































Business Modules of an ERP Package

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