Ex:- 10 ERP INTRODUCTION

INTRODUCTION

Enterprise resource planning (ERP) is a business management softwareusually

a suite of integrated applicationsthat a company can use to collect, store,
manage and interpret data from many business activities, including:

Product planning, cost

Manufacturing or service delivery
Marketing and sales
Inventory management
Shipping and payment
ERP provides an integrated view of core business processes, often in real-time,
using common databases maintained by a database management system. ERP
systems track business resourcescash, raw materials, production capacityand
the status of business commitments: orders, purchase orders, and payroll. The
applications that make up the system share data across the various departments
(manufacturing, purchasing, sales, accounting, etc.) that provide the data. ERP
facilitates information flow between all business functions, and manages
connections to outside stakeholders.
Enterprise system software is a multi-billion dollar industry that produces
components that support a variety of business functions. IT investments have

become the largest category of capital expenditure in United States-based

businesses over the past decade. Though early ERP systems focused on large
enterprises, smaller enterprises increasingly use ERP systems.
The ERP system is considered a vital organizational tool because it integrates
varied organizational systems and facilitates error-free transactions and
production. However, ERP system development is different from traditional
systems development. ERP systems run on a variety of computer hardware and
network configurations, typically using a database as an information repository.
Benefits OF ERP:

Tighter controls for financial compliance declaration (e.g. Sarbanes-Oxley

and Basel II) as well as other forms of compliance reporting.

The single data source for product and services information - such as
information related to suppliers, vendors, customer orders and the products
themselves - drive rapid product development and launch cycles which
increases a company's overall market share.

Increased access to valuable corporate data delivers a clear, global view of

the business that drives continuous improvement strategies and establishes
common performance metrics and measures to gauge the health of the
business.

Effectively managing projects holistically fosters decision making at critical

levels in the development and/or manufacturing process.

 Support for streamlined sourcing and procurement processes drive

alignment to customer demands, and also deliver a centralized buying
model to reduce unauthorized and unnecessary expenses.

Providing sales and operations planning with access to critical information

fosters "closed loop" processes that ensures the business does not
overpromise and/or underdeliver to customers.

Automating business processes such as invoicing and sales and purchase

orders within one systems improves forecasting accuracy and reduces
inefficiencies.

Using a single base of information for billing and other customer

interactions improves service levels and increases customer retention.
Brookfield Engineering BENEFITS

Gained capability to easily support Kanban scheduling

system, Lean manufacturing, and just-in-time production,
ensuring availability of needed parts.
Reduced number of process transactions and steps,
increasing productivity.
Easily configured application to suit exact business needs.
Improved supply and demand visibility and forecasting.
Integrated seamlessly with Microsoft applications.
Ensured confidence in future upgrades with long-term
visibility into solution roadmap and maintenance plans.
Improved customer satisfaction with complete

aftermarket service.
Maintained highest level of quality to meet ISO
9001 standards.
CONCLUTION
Founded in 1934 and based in Middleboro, Massachusetts, Brookfield Engineering
Laboratories, Inc. manufactures and sellsviscometers, rheometers, powder flow
testers,and texture measuring instruments forlaboratory and online process control
applications. To learn more, visit www.brookfieldengineering.com