Tag Archives: ERP Applications

The 6 phases of an ERP Implementation

ERP applications are extensively used in various small and large business companies these days. The reason for this is that they offer a range of benefits that make them indispensable for carrying out large scale business assignments. However, the success of an ERP program largely depends on its implementation. Here are the six stages or phases of ERP Implementation that are discussed by a reputed ERP Software Company India. Following these will help in making sure that an ERP system is working to the best of its abilities.

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Discovery and Planning

The first phase is discovery and planning and it begins during the main sales phase and continues post-sale. The project team is created during this period. There are also initial meetings and related documentations that are developed as the official team works to specifically identify the current issues and their potential solutions. Coming up with a project plan is an important aspect of this phase that is going to function as a guiding principle for the remaining of the project.

Design

In the design phase of an ERP Applications, the project and the implementation team are going to work together and come up with various configurations for this new system. They are also going to define the roles as well as document all the standard procedures associated with the process.

Development

Next comes the development phase in which the team is required to prepare the whole system so that it can go live. It includes various activities such as finishing up with any necessary customizations, importing data and developing user trainings. By making effective use of ERP System Implementation such as with customized software development projects, it is possible to resolve all the conflicts at the initial stages and then go on with the actual writing of the codes.

Testing

Testing allows in determining whether the system’s functionalities are aligning with the pre-defined requirements for the particular project or not. Often, the development and testing phases overlap, as implementation teams and project teams simply jump back and forth, thus fine tuning constantly the configuration of the program. By the end of the phase, the project team members are going to shift into the new system and will be comfortable handling assignments with it. This is actually the last phase before the program goes live.

Deployment

The project and the implementation team are going to assess the overall situation and then make the final decision as to go with it or not. Before going live, all the final data us going to be loaded by the team and validated. This will be followed by a stage when the other employees are going to be trained by the project team for working on the new system and stop working with the old one completely.

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Ongoing Support

After the ERP system goes live, the whole purpose of the company’s project team is going to go through a shift. As users start working with the new system, implementation of changes and adjustments to the new system configuration may become necessary.

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Facts about ERP Software Company’s success

Business owners and large scale management firms are always trying to come up with the best ways to manage the operations within their organization. One of the methods in which they can accomplish such goals is by choosing the right kind of ERP solutions for their business. Choosing an enterprise resource planning software that is just perfect for the business is very important since it can help the organization in more ways than one. Although it would only take the best experts to perform the ERP implementation in the most appropriate manner, opting for it can be one of the most practically sound decisions ever taken by the management. A good ERP system takes effort, time and financial resources so that it can deliver customized support for the business firm and help it grow.

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While an ERP software company India can come up with the best software systems for a client firm, it is necessary that a business organization sets up clear and precise goals that would help in finding the best enterprise resource planning software systems. Here are some of the benefits that are offered by ERP Applications.

  • Although the features offered by different ERP programs can vary from one another, they can all help a company to edit and share data on a large scale basis. These programs can also improve the security and accessing features of these data systems. The employees are not required to merge the information across multiple systems or sources. Since all data is stored, compiled, accessed and shared via a single system, the accuracy and security of the data files is completely guaranteed.
  • Since the ERP systems can unify multiple systems operating within an organization, they can actually promote coherence and serve as a single platform for managing all of the diverse systems. This not only increases efficiency of the multiple departments but also helps in bringing down the costs associated with running a business. The latest ERP systems can effortlessly manage product development, supply chain management, IT support and other departments associated with an enterprise. It also helps to bring down the number of errors and allow the company to save on time.
  • An ERP for small business can help in improving the productivity of the firm and allow in securing greater profits within a short period of time. These programs can help to negate redundancies in operations and facilitate in the production of greater number of units while still maintaining the highest quality parameters. This naturally boosts the company’s efficiency and profitability.
  • Analytics is an important aspect of any business that measures the progress of a business firm by generating numbers. Since the best ERP Solutions can help a business firm to analyze income and expenditure, study trends and metrics and evaluate the ongoing practices of the company, it can come up with reports which can help the business firm to take important decisions that can help the company to grow and prosper both financially and strategically.

15 great lessons you can learn from ERP applications

ERP services are very much necessary these days in any business organization due to the wide range of benefits that they offer. Here is a look at 15 reasons why a business firm should consider using an ERP program for its operations.

  • ERP solutions offer total visibility into the important processes that occur within a business enterprise. This helps in effective coordination across the various departments of the business organization particularly for the senior management personnel.
  • The ERP programs ensure coherent and automatic flow of work from one department or function to another. This ensures a smooth transition as well as quicker completion of the processes. It also helps to make sure that the inter-departmental tasks are properly tracked so that none of them gets omitted.
  • ERP applications present with a single, unified reporting system for analyzing the statistics and status of the business. This is done in real time, across the multiple departments and functions.
  • As the same ERP program is used across all the departments, it is not necessary for the individual departments to purchase and manage their own ERP software systems.
  • There are certain ERP service vendors that can extend their enterprise resource planning systems to present clients with business intelligence functionalities which in turn can provide overall insights on the business processes as well as identify potential problem areas that can be improved or worked upon. An ERP software company India can also provide the clients with customized ERP software systems that perform such functions.

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  • It is possible to carry out advanced e-commerce integration while working with ERP systems. The majority of the ERP systems available in the market can manage web-based order tracking and processing.
  • ERP systems are available in various modules, such as Human Resource Management, Finance/Accounts, CRM, Manufacturing, Supply Chain/Warehouse Management, Marketing/Sales and Project Management. This makes them perfect for the needs of a wide range of industries and specialization areas.
  • An ERP program is a unique modular software system. Therefore it is possible to incorporate any number of modules with them based on requirements of the organization. Setting up multiple modules can ensure better integration between the various departments.
  • The ERP program acts as a database system which is implemented on backend for storing all relevant information for the company, it presents with a centralized storage and backup system of all the enterprise data.
  • Since centralized security policies are applicable to the ERP systems, they are highly secure systems and all the transactions taking place through ERP programs can be easily tracked.
  • The software systems produced by an ERP software development company can provide with better company-wide visibility, thus ensuring better and faster collaborations across the multiple departments.
  • Other systems such as a bar-code reader can be easily integrated to an ERP system via an API (Application Programming Interface).
  • The ERP systems can make it a lot easier to carry out order tracking, revenue tracking, inventory tracking, sales forecasting as well as other related activities.
  • The latest ERP systems are particularly helpful for managing the operations of globally dispersed enterprises in a better way.
  • These programs also help a lot in payroll management for employees.

ERP in Pharmaceutical Distribution

The pharmaceuticals industry is considered to be among the most widely expanding sectors in India as well as in other parts of the world. These companies always need to manage large-scale production tasks and make sure that there is effective communication between the different departments. Due to this reason, a pharmaceuticals ERP solution can serve as an effective tool for carrying out their business processes and ensuring better overall performance quality for all their departments. Plenty of pharmaceutical companies have already benefitted from making use of these programs. These software systems come with a wide range of features that make them ideal for a pharmaceutical company of today to carry out all of their production and management tasks.

Consultant Concept

Any leading pharmaceutical company of today needs to handle a number of critical challenges that form an integral part of their work. While they need to improve the quality of products and carry out the necessary research and development to do so, they also need to take care of market competition which is always on the rise. Moreover, they also have to manage large scale information about clients and research work. Such extensive tasks can be easily managed by using a well design ERP software system that can be used to attend to the complex requirements of a pharmaceutical firm.

There are numerous ways in which a Pharmaceuticals ERP Software Solution can assist the pharmaceutical industry in carrying out their business. Some of them are discussed below:

Efficient Integration

Pharmaceutical companies are generally huge and are therefore divided into numerous departments. In order to maintain the highest level of efficiency of all of these departments, it is necessary to make sure that effective integration is performed across the departments. It naturally enables flawless communication and collaboration among the departments. Making use of pharmaceutical ERP Solutions can help in streamlining and integrating all of the processes.

Inventory Management

Inventory management is crucial for a pharmaceutical company whether it is looking to handle manufacturing processes, sales or distributions. By choosing the best ERP Applications in the market, a pharmaceutical company can guarantee maximum success of its inventory management requirements. It can help in making the process of order management hassle-free and boost customer satisfaction.

Reporting

In order to make informed business decisions, a pharmaceutical company needs to analyze performance reports every now and then as it helps in understanding which areas of work need improvement. Choosing ERP implementation in a pharmaceutical company can allow in generating relevant reports within a short time.

Exports

Pharmaceutical companies regularly export their products to other areas. Therefore they need to have a centralized system that will allow them to handle such requirements smoothly. A well chosen Pharmaceuticals ERP Solution can automatically enhance the efficiency of such processes.

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Multi-Location Environment

Pharmaceutical companies need to deal with transactions carried out at multiple locations. They also have to take care of their business environment effectively. An ERP program helps in real time decision-making process and allows the company to improve its prospects.

Benefits of ERP Software in Pharma Sector

Enterprise resource planning or ERP software has currently become a vital component for business companies to wholly integrate their business processes. The benefits of ERP implementation have also been aptly noted in the pharmaceutical industry. Pharmaceutical companies and manufacturers need enterprise systems to streamline and effectively manage their business processes. In order to survive within increasingly competitive business environments, pharmaceutical companies need to change their various business processes continuously.

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Over the last ten years or so, new conditions within the marketplace have presented with a distinct stimulus to streamline business processes. This includes situations like:

  • Competitive sales conditions;
  • Product development expansion;
  • Development of global distribution networks;
  • Setter informed customers;
  • The orientation of the various businesses towards fulfilling the requirements of the customers

Due to such factors, the need for implementing business process reengineering has often been felt, and this need is fulfilled through IT which helps in improving business processes. The modern day information technology strongly focuses toward business communications and processes between the persons involved in these processes.

ERP applications help in integrating and automating the main functionalities of an organization thus facilitating the smooth flow of information within the different functions and departments of an enterprise as well as permitting the sharing of information across organizational units even if they are geographically separated.

The development of modern ERP Solutions for supporting these business operations started with projects that are meant for advancing individual modules. The innovative SAP solution happened in individual phases, and involved two major areas of profit and cost accounting that allowed better control of the financial resources, the forecasts and also a new form of analysis.

The increasing demand for enhanced and new pharmaceutical products has led to an extremely competitive market which has put a lot of professional pressure on the pharmaceutical manufacturers within the Medium and Small Businesses to meet up to the ever-increasing demands for production of these drugs in high quantities. The pharmaceutical companies are also bounded to the stringent norms that are laid down by the government authorities. Therefore pharmaceuticals ERP solution systems are needed by these companies to streamline the procurement of the raw materials, bring down procurement times as well as delivery cycle times and track receivables and payments to the suppliers for handling credit facilities. Pharmaceuticals ERP Systems are also needed to function as a decision supporting tool for the purpose of management analysis as well as serve as collaborative portal for the supply chain management.

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Therefore pharmaceuticals ERP software solution systems are of utmost importance in today’s pharmaceutical companies for the effective management of machinery, materials and man power. Using these resources in the best manner can naturally lead to better performance and higher efficiency. The enterprise software systems can help the companies to utilize their resources in the best manner and also obtain most productivity from their man power. These systems can serve as connecting links between the various departments of a single company and facilitate ease of communication and understanding.