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IT IN LOGISTICS &

SUPPLY CHAIN

GROUP ASSIGNMENT

TOPIC
COMMON TYPES OF ERP SYSTEMS USED BY
COMPANIES

SUBMITTED BY
KIRTIRAJ SAHOO - MBA/21-23/10

SHUAIB JAMIL - MBA/21-23/30

PRATYUSH JENA - MBA/21-23/17

SANSAYA NAYAK - MBA/21-23/26

MILINA PRIYADARSINI - MBA/21-23/39


INTRODUCTION
ERP (Enterprise Resource Planning) is a software system that helps businesses
manage their day-to-day operations and streamline their processes. It integrates
various functions such as finance, human resources, procurement, inventory,
and customer relationship management into one centralized system.

ERP systems can provide numerous benefits to businesses, including:

Improved efficiency: ERP systems automate many business processes, reducing


the time and effort required to perform tasks.

Better data management: ERP systems provide real-time data access, allowing
businesses to make more informed decisions.

Enhanced customer service: ERP systems help businesses respond quickly to


customer inquiries and requests.

Improved inventory management: ERP systems provide real-time inventory


tracking, helping businesses to reduce inventory costs and prevent stockouts.

Increased collaboration: ERP systems allow employees to collaborate more


easily and share information across departments.

ERP (Enterprise Resource Planning) systems are software platforms that help
companies automate and integrate their business processes across various
functional areas, including finance, human resources, manufacturing, supply
chain, and customer relationship management. Here are some ways in which an
ERP system can help a company in its automation process:

Streamlining operations: An ERP system can help companies automate and


streamline their business operations by integrating all their departments and
functions into a single system. This allows for faster and more accurate
processing of data and eliminates the need for manual data entry.

Automating routine tasks: ERP systems can automate routine tasks such as data
entry, inventory management, order processing, and payroll processing. This
not only saves time but also reduces the risk of errors and improves overall
efficiency.

Providing real-time visibility: With an ERP system, companies can get real-time
visibility into their business operations, which allows them to make more
informed decisions. This is particularly useful for businesses that operate across
multiple locations or have a large number of employees.

Enabling data-driven decision-making: ERP systems provide businesses with


access to real-time data, which they can use to make data-driven decisions. This
can help them identify areas for improvement and optimize their business
processes for better performance.

Enhancing collaboration: ERP systems enable collaboration across different


departments and functions by providing a centralized platform for
communication and data sharing. This can help businesses improve their
coordination and work more efficiently as a team.

In summary, an ERP system can help companies automate their business


processes, streamline operations, and make data-driven decisions. This can help
them improve efficiency, reduce costs, and enhance their competitiveness in the
market.

Enterprise Resource Planning (ERP) systems are software solutions designed to


manage and automate business processes across an organization. There are
several types of ERP systems available in the market, each designed to meet
specific business needs. Some of the most common types of ERP systems used
nowadays are:

Cloud-based ERP systems: These are hosted on the cloud and accessed
through a web browser. They offer flexibility and scalability, making them a
popular choice for small to medium-sized businesses.

On-premise ERP systems: These are installed and run on the company's own
servers, and offer more control and customization options. They are typically
used by larger organizations that require extensive customization.

Industry-specific ERP systems: These are designed to meet the unique needs
of a particular industry, such as healthcare, retail, or manufacturing.

Open-source ERP systems: These are free and open-source software solutions
that can be customized to fit the specific needs of an organization. They are
popular among small businesses and non-profit organizations.

Mobile ERP systems: These are designed to be accessed and used on mobile
devices, making them ideal for employees who are frequently on-the-go.
Two-tier ERP systems: These are used by organizations with multiple business
units or subsidiaries. They allow for separate ERP systems to be used for each
unit or subsidiary, while still providing centralized data management.

ERP (Enterprise Resource Planning) systems are software applications designed


to manage various business processes, such as financial accounting, human
resources, customer relationship management, supply chain management,
inventory management, and more.ERP systems (Enterprise Resource Planning)
are used by many businesses to integrate and manage their core business
processes such as finance, accounting, human resources, procurement, and
inventory management. There are several types of ERP systems available in the
market, with different features and functionalities. Here are some of the most
common types of ERP systems used nowadays:

SAP ERP: SAP is one of the leading ERP vendors in the market, offering a
wide range of ERP solutions for different industries. SAP ERP is a highly
customizable system that provides end-to-end integration of business processes,
including finance, logistics, and human resources.SAP (Systems, Applications,
and Products) is a German software company that provides various ERP
solutions, including SAP ERP. It is one of the most widely used ERP systems
globally and is popular among large corporations. It offers modules for various
business functions, including finance, procurement, sales, production planning,
and more.

Oracle ERP: Oracle offers a comprehensive suite of ERP solutions that cater to
the needs of different industries. Oracle ERP provides features such as financial
management, supply chain management, human resources management, and
project management.Oracle Corporation provides a range of ERP solutions,
including Oracle E-Business Suite, Oracle Fusion Applications, and Oracle
Cloud ERP. It is also one of the leading ERP vendors globally, providing
modules for various business processes, such as finance, human resources,
supply chain management, and more.

Microsoft Dynamics: Microsoft Dynamics is a suite of ERP and CRM


solutions that provide a range of features for managing business processes,
including financial management, supply chain management, project
management, and human resources management.

Infor ERP: Infor ERP is a comprehensive solution that provides a range of


features for managing business processes such as finance, supply chain
management, human resources management, and customer relationship
management. Infor is a New York-based software company that provides ERP
solutions for various industries, such as healthcare, manufacturing, and
distribution.

Sage ERP: Sage offers a range of ERP solutions for different industries,
including finance, manufacturing, and distribution. Sage ERP provides features
such as financial management, supply chain management, and human resources
management.

Epicor ERP: Epicor ERP is a comprehensive solution that provides features


such as financial management, supply chain management, and human resources
management. Epicor ERP is designed for mid-sized businesses and can be
customized to meet the needs of different industries. Epicor is a software
company that provides ERP solutions for various industries, including
manufacturing, distribution, and retail. It offers modules for financial
management, supply chain management, and more.

Netsuite ERP: Netsuite ERP is a cloud-based solution that provides a range of


features for managing business processes, including financial management.
NetSuite, a subsidiary of Oracle Corporation, provides a cloud-based ERP
system designed for small to mid-sized businesses. It offers modules for various
business functions, including financial management, supply chain management,
and more.

EXAMPLE:

Flipkart is one of the largest e-commerce companies in India. As such, it uses an


ERP (Enterprise Resource Planning) system to manage various aspects of its
operations.

Flipkart's ERP system is designed to integrate and automate various business


functions, including:

Inventory Management: Flipkart's ERP system allows the company to manage


its inventory levels, track stock movement, and monitor stock levels in real-
time.

Order Management: The system also manages the entire order lifecycle, from
order placement to delivery. It also automates the process of order fulfillment,
including generating shipping labels, tracking numbers, and invoices.
Customer Relationship Management: The system also tracks customer data,
such as order history, customer feedback, and customer support interactions.

Finance and Accounting: The system also manages the company's financial
transactions, including accounts payable and receivable, invoicing, and payroll.

Flipkart's ERP system is custom-built and designed to handle the company's


high-volume, complex operations. It enables the company to streamline its
operations, increase efficiency, and improve customer service.

Flipkart is one of the largest e-commerce companies in India, offering a wide


range of products to customers across the country. To manage their business
operations, Flipkart uses an ERP (Enterprise Resource Planning) system.

The ERP system used by Flipkart is not publicly disclosed, but it is known that
they have developed their own customized ERP solution that is tailored to their
specific business needs. This allows Flipkart to manage their supply chain,
inventory, logistics, and other operations more efficiently.

Some of the key features of Flipkart's ERP system may include:

Inventory management: Flipkart's ERP system likely includes features to


manage their vast inventory, including tracking stock levels, managing purchase
orders, and coordinating with suppliers.

Logistics management: The ERP system may also include features to manage
the logistics of product delivery, including tracking shipments, managing
carriers, and coordinating with warehouses and distribution centers.

Sales and order management: The ERP system likely includes features to
manage sales orders, process payments, and handle customer service inquiries.

Data analytics and reporting: Flipkart's ERP system may include tools for
analyzing data and generating reports to help them make informed business
decisions.

Overall, Flipkart's ERP system is a critical component of their business


infrastructure, enabling them to efficiently manage their operations and deliver
products to customers across India.

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