Internet and related technologies and erp
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The document discusses internet technologies and enterprise resource planning (ERP). It provides an overview of the internet as a global network and discusses key internet technologies like video/podcasting, presentation tools, collaboration tools, blogs, wikis, social networking, instant messaging, Twitter, and virtual worlds. It then defines ERP as a fully integrated business management system and discusses its characteristics, features, and benefits. ERP aims to integrate operations across departments and companies for improved information sharing, standardized processes, cost reductions, and better decision making.
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Internet and related technologies and erp
- 1. Internet and Related Technologies and ERP By LIJO M LOYID MBA FT
- 2. INTERNET Internet is the global system of interconnected mainframe, personal and wireless computer networks that use the Internet protocol suite (TCP/IP) to link billions of devices worldwide.
- 3. It is a network of networks that consists of millions of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The development of hypertext based technology(called world wide web) provided means of displaying text, graphics, animation and easy search and navigation tools that triggered internet’s explosive worldwide growth.
- 4. INTERNET RELATED TECHNOLOGIES 1. Video and Podcasting One of the most widely adopted internet technologies for use in instructional settings is video streaming. eg: Youtube, Teachertube, Edutube etc. 2. Presentation Tools There are thousands of tools on the Internet that can be used to create and share presentations. (slideshare,vuvox,one truemedia etc.)
- 5. 3. Collaboration & Brainstorming Tools This is another wide ranging category, including thought- organizing tools like mindmap and collaborative tools like web based interactive whiteboards and Google Documents. 4. Blogs & Blogging A Weblog, or blog, is essentially a personal (or professional) journal on the Web. Individuals or organizations cover many different topics and express lots of different opinions. The main purpose of a blog is to provide commentary or news on a particular subject. Blogs are also a tool to inform, educate, and connect people with you to help them to make a decision about your product, service, or business.
- 6. 5. Wikis A wiki is a server program that allows users to collaborate in forming the content of a Web site. Sites like Wetpaint and others allow users to create free wiki web sites and are a great way to get started with using wikis for educational applications. 6. Social Networking Social networking is the practice of expanding the number of one's business and/or social contacts by making connections through individuals. social media sites include Facebook, Twitter, Linkedin
- 7. 7. Instant messaging Instant messaging (IM) is a type of online chat which offers real-time text transmission over the internet. 8. Twitter Twitter is a free social networking micro blogging service that allows registered members to broadcast short posts called tweets. 9. Virtual Worlds A virtual world is a computer-based online community environment that is designed and shared by individuals so that they can interact in a custom-built, simulated world. 10. RSS Feeds Technology that is being used by millions of web users around the world to keep track of their favourite websites.
- 8. ENTERPRISE RESOURCE PLANNING (ERP) • An Enterprise resource planning system is a fully integrated business management system covering functional areas of an enterprise like Logistics, Production, Finance, Accounting and Human Resources. • It organizes and integrates operation processes and information flows to make optimum use of resources such as men, material, money and machine.
- 9. • Enterprise resource planning promises One database One application One user interface • ERP has evolved from the system known as MRPII (Manufacturing Requirement planning) system with the integration of information between Vendor, Customer and Manufacturer using networks such as LAN, WAN and INTERNET etc.
- 10. ERP Characteristics • Flexibility An ERP system should be flexible to respond to the changing needs of an enterprise. The client server technology enables ERP to run across various database back ends through Open Database Connectivity (ODBC). • Modular & Open ERP system has to have open system architecture. This means that any module can be interfaced or detached whenever required without affecting the other modules
- 11. • Comprehensive It should be able to support variety of organizational functions and must be suitable for a wide range of business organizations. • Beyond The Company It should not be confined to the organizational boundaries, rather support the on-line connectivity to the other business entities of the organization. • Best Business Practices It must have a collection of the best business processes applicable worldwide. An ERP package imposes its own logic on a company’s strategy, culture and organization.
- 12. Features of ERP • ERP provides multi-platform, multi-facility, multi- mode manufacturing, multi-currency, multi-lingual facilities. • It supports strategic and business planning activities, operational planning and execution activities, creation of Materials and Resources • ERP covering all functional areas like manufacturing, selling and distribution, payables, receivables, inventory, accounts, human resources, purchases etc.
- 13. • ERP performs core activities and increases customer service, thereby augmenting the corporate image. • ERP bridges the information gap across organizations. • ERP provides complete integration of systems not only across departments but also across companies under the same management. • ERP is the solution for better project management. • ERP allows automatic introduction of the latest technologies like Electronic Fund Transfer (EFT), Electronic Data Interchange (EDI), Internet, Intranet, Video conferencing, E-Commerce etc.
- 14. • ERP eliminates most business problems like material shortages, productivity enhancements, customer service, cash management, inventory problems, quality problems, prompt delivery etc. • ERP provides intelligent business tools like decision support system, Executive information system, Data mining and easy working systems to enable better decisions.
- 15. Why Companies Undertake ERP • Integrate financial information As the CEO tries to understand the company’s overall performance, he may find many different versions of the truth. ERP creates a single version of the truth that cannot be questioned because everyone is using the same system • Integrate customer order information By having this information in one software system companies can keep track of orders more easily, and coordinate manufacturing, inventory and shipping among many different locations simultaneously.
- 16. • Standardize and speed up manufacturing processes Manufacturing companies often find that multiple business units across the company make the same transaction / recording / report using different methods and computer systems. ERP systems come with standard methods for automating some of the steps of a manufacturing process. • Reduce inventory ERP helps the manufacturing process flow more smoothly, and it improves visibility of the order fulfillment process inside the company. That can lead to reduced inventories of the materials used to make products (work-in-progress inventory)
- 17. Benefits of ERP • Gives Accounts Payable personnel increased control of invoicing and payment processing and thereby boosting their productivity and eliminating their reliance on computer personnel for these operations. • Reduce paper documents by providing on-line formats for quickly entering and retrieving information. • Improves timeliness of information by permitting posting daily instead of monthly.
- 18. • Greater accuracy of information with detailed content, better presentation, satisfactory for the auditors. • Improved cost control. • Faster response and follow-.up on customers. • More efficient cash collection, say, material reduction in delay in payments by customers. • Better monitoring and quicker resolution of queries. • Enables quick response to change in business operations and market conditions. • Helps to achieve competitive advantage by improving its business process.
- 19. • Improves supply-demand linkage with remote locations and branches in different countries. • Provides a unified customer database usable by all applications. • Improves International operations by supporting a variety of tax structures, invoicing schemes, multiple currencies, multiple period accounting and languages. • Improves information access and management throughout the enterprise. • Provides solution for problems like Single Monetary Unit (SMU) or Euro Currency.
- 20. THANK YOU!