Showing posts with label profitability. Show all posts
Showing posts with label profitability. Show all posts

Sunday, July 10, 2011

Workshop on ERP to guide how to run a successful business

Empowering decision-makers with ERP technology concepts

WE have, time and again emphasized the importance of having ERP system to run businesses in successful way in today's competitive economic market. As there are number of big and small vendors in the Indian ERP market, selection of a proper system that suits your business needs are very important. To place the matter straight forward, what the decision makers must understand is having an ERP system just can't help your business process. What is important is which system you have implemented.

A rightfully conducted ERP workshop could provide you the guidelines of what your requirements and expectations should be, including hands-on experience with the most successful ERP solutions available in India today.

ERP workshop can also empower CEOs, COOs, CFOs, accountants, controllers, business owners and key decision-makers with ERP technology concepts.

CRM or Customer Relationship Management, the backbone of any business has been integrated as an important module in the ERP system. Sales and marketing teams from companies can benefit from attending the workshop that will help them gain knowledge in marketing plans. The knowledge gained through from workshop can put into practice by the sales or marketing team with the approach to the customers that could help improve your revenue and market share growth and minimize expenses - all of which leads to higher profitability. The workshop will also debate on all areas of an ERP system, its advantages and disadvantages. When it comes to benefits of ERP there are many arenas which are unknown to many. ERP expects boundary-less flat organization structure where every employee is a decision maker and not a mere follower. Secondly, the decision-making must be scientific than based on 'gut feel'. Thirdly, ERP assumes that the user has an in-depth knowledge of the process he is associated with. He has to work in a team as a key resource element. The objective of the user is to pass maximum value to the customer than to create his own convenience. The user must be analytical in his thinking and be able to use information generated through data iterations for more effective and informed decisions.

ERP system will work successfully if the users are training to handle the system to the optimum usage. Proper training makes the users fully equipped with handling of the system independently and this will contribute the success of all the business operations.

The solution provider must pay attention while providing training to the user in the right manner. To become a good user, one has to get trained and trained well, and later self trained. But what is the disappointing factor is most of the ERP training in India is more of software training rather than going deeply into the functionality and technicality of the ERP system. Normally the user is shown various screens of the ERP system and taught how to enter what he was doing previously.

The trainer must explain to the user why he should enter there, what are the repercussions of his entries in other modules, how to use the best out of multiple settings, why a particular setting is made like that, etc. In fact, the reality that every entry is the financial entry and ultimately gets posted into General Ledger and posted in turn into Profit & Loss Account or Balance Sheet is never realized by the user during training or even after implementation. This feel of responsibility is extremely essential for the user to become a mature ERP user.

To enhance the interest of users Indian companies must make a point of user training, focusing on ERP functionalities and not merely on tools for ERP. Ideally, the training session should be designed to cater to individual needs and hence carefully planned. ERP workshop will have a separate session to discuss and elaborate the training method of ERP extensively.

Looking at the way it is getting organized, the workshop on ERP on July 31, 2011 at Wagle Estate in Thane, will be very informative and useful event for the people who are connected with IT world. We are also eagerly looking forward to that event.

For more information kindly visit: http://www.eresourceerp.com/Workshop-on-ERP-to-guide-how-to-run-successful-business.html

Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234

Monday, July 4, 2011

What are the main advantages of a web-based ERP solution

This is the one common question asked by companies when they plan to implement an ERP system and also want to choose the right one. Though there are many advantages of a web-based ERP solution, here are some of the important points.

A Web-based ERP solution ensures a lower outlay and predictive spread of cost over time. You will be able to make a substantial saving in cost and that money can be invested in your other business process.

A web-based system needs less time to implement and you do not need to upgrade your network for Windows/Exchange Server and SQL Server database. Security concerns about a web-based application that companies had in the past seem to have subsided as the technology has improved.

Web-based ERP system eliminates the worries about any technical problem as online help from the vendors will able to solve any such issues within a short period

Web-based ERP solution such as eresource makes the implementation process very easy and operational methods are also easy. Users can be easily trained and work can be commenced as soon as the system is ready after implementation is completed.

Web-based ERP system can be accessed from anywhere and at anytime from a simple browser. Remote users like executives and sales reps can access the company system with any browser.

For more information kindly visit: http://www.eresourceerp.com/advantages-of-a-web-based-ERP-solution.html

Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234

Manufacturers can increase production cycles and reduce raw material

Automation of the system also has many other benefits

Manufacturing and distribution companies are mainly depending on ERP system to improve profitability and productivity. eresource ERP has many features that can help these companies reduce expenses and by that way they can get the potential ROI.

Inventory reduction is one of the main features that eresource ERP can provide to the companies. This helps the companies make the right assessment of purchasing. The companies need not stock the products before it is in use as excess stocks can increase wastage and the companies have to make an extra storage space and proper maintenance. eresource ERP system, when implemented, can decide where to store the inventory after completing the process of purchase as the latest data of every department is updated in the system.

Another feature is the easy to view workflow system. With this facility the complete analysis of data can be viewed through automated systems, which helps the management to continue work and to have better plant utilization. eresource ERP system increases production cycles and helps in reducing raw material. This way manufacturing units can schedule tasks easily and effectively. These features in eresource ERP help in reducing raw material inventory. This will also help the expenses on storage of finished goods is reduced.

Automation of the system also has many other benefits such as increased plant utilization, productivity and customer service, and these features in the eresource ERP helps organizations to get the required competitive edge over their competitors.

As everyone will agree that the customer service holds key to success of an organization. When the customer service is improved it helps the products to be delivered to the customers on time. Being a web-based ERP system eresource's real-time functional facilities help customers in a big way and it also enables the buyers to submit their complaints and problems directly to the manufacturer, if required.

Organizations must take effective and timely decisions to improve business. eresource ERP helps organizations to act in time to overcome any complex matter as everyone in the organization can be interlinked through its real-time online facilities and decision could be made without any delay. eresource ERP system can also define the accounting period in minutes and the management can take decisions based on information which can be fully trusted.

From the case studies we have from our clients, it has been proved beyond doubt that most of them have around twenty five to thirty per cent of reduction in inventory cost after implementation of eresoure ERP system and the cost on manufacturing has been reduced by twenty to twenty five percent.

For more information kindly visit: http://www.eresourceerp.com/Manufacturers-can-increase-production-cycles.html

Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234

ERP Adoption for SMEs; know why this is the right time

In today’s business world Small and Medium-sized Enterprises (SMEs) play a vital and pervasive role. Most of the Enterprise Resource Plannin...