2. An integrated suite of information systems
that form the backbone of the enterprise
for running and managing its operations.
ERP or enterprise resource planning software
offers a broad suite of software functionalities
designed to help you manage your accounting as
well as your business's operational tasks. With an
ERP system you are better able to centralize your
data, provide uniform access to resources across
your enterprise, and lower operating costs by
preventing data re-entry.
3. Enterprise resource planning (ERP) systems
integrate internal and external management
information across an entire
organization, embracing
finance/accounting, manufacturing, sales and
service, customer relationship management, etc.
ERP systems automate this activity with an
integrated software application. Their purpose is
to facilitate the flow of information between all
business functions inside the boundaries of the
organization and manage the connections to
outside stockholders.
ERP systems can run on a variety of computer
hardware and network configurations, typically
employing a database as a repository for
information.
4. ERP is a business process management solution that
provides organizations with consolidated inventory,
manufacturing, warehousing, financials, multi-site
reporting and relationship and knowledge management
capabilities.
Employees, customers and partners are provided with
access to information across the entire enterprise value
chain.
5. An integrated system that operates in real
time (or next to real time), without relying on
periodic updates.[citation needed]
A common database, which supports all
applications.
A consistent look and feel throughout each
module.
6. Clients commonly realize the following benefits
from ERP:
Increased operational effectiveness &
productivity
Timely and targeted information feedback
system for decision support
Efficient inventory management
Improved Planning
Improved customer service
7. • Designed and Developed to follow cGAMP guidelines
• 21 CFR Part11 Compliant
• Electronic Batch Record Management (EBRM)
• Recipe Management
• Regulated FIFO concept of inventory control
• Multi-location warehouse Management System
• Seamless integration to Nova-LIMS
8. Transactional database
Management portal/dashboard
Business intelligence system
Customizable reporting
External access via technology such as web
services
Search
Document management
Messaging/chat/wiki
Workflow management
9. Manufacturing
Material
Quality Control
Management Nova-LIMS
Central Database
Purchase Sales
Finance
10. Pharmaceutical-specific ERP (Enterprise Resource
Planning) software system is the most effective way
to identify and track every single raw material from
receipt through processing, packaging and
shipping, to the exact customer location.
It has been proved beyond doubt that
implementation of eresource ERP systems not only
gives more transparency to your business process but
also it allows your business to operate more
efficiently, predictably and more profitably
ERP helps you to oversee every area of your business
without the necessity for separate software packages
or expensive customization.
Medical Representative Management
Sales & Distribution Management
12. The fundamental advantage of ERP is that integrating
the all processes by which businesses operate saves
time and expense. Decisions can be made more
quickly and with fewer errors. Data becomes visible
across the organization. Tasks that benefit from this
integration include:[citation needed]
Sales forecasting, which allows inventory optimization
Chronological history of every transaction through
relevant data compilation in every area of operation.
Order tracking, from acceptance through fulfillment
Revenue tracking, from invoice through cash receipt
Matching purchase orders (what was
ordered), inventory receipts (what arrived), and
costing (what the vendor invoiced)
13. ERP systems centralize business data, bringing the
following benefits:
They eliminate the need to synchronize changes
between multiple systems—consolidation of
finance, marketing and sales, human resource, and
manufacturing applications
They bring legitimacy and transparency in each bit of
statistical data.
They enable standard product naming/coding.
They provide a comprehensive enterprise view (no
"islands of information"). They make real–time
information available to management anywhere, any
time to make proper decisions.
They protect sensitive data by consolidating multiple
security systems into a single structure
14. Allows easier global integration (barriers of
currency exchange rates, language, and
culture can be bridged automatically)
Updates only need to be done once to be
implemented company-wide
Provides real-time information, reducing the
possibility of reoccurring errors
May create a more efficient work environment
for employees
Vendors have past knowledge and expertise
on how to best build and implement a system
15. Customization is problematic.
Re–engineering business processes to fit the ERP
system may damage competitiveness and/or
divert focus from other critical activities
ERP can cost more than less integrated and/or
less comprehensive solutions.
High switching costs associated with ERP can
increase the ERP vendor's negotiating power
which can result in higher
support, maintenance, and upgrade expenses.
Overcoming resistance to sharing sensitive
information between departments can divert
management attention.
Integration of truly independent businesses can
create unnecessary dependencies.
16. Extensive training requirements take resources
from daily operations.
Due to ERP's architecture (OLTP, On-Line
Transaction Processing) ERP systems are not well
suited for production planning and supply chain
management (SCM)
Inflexibility - vendor packages may not fit a
company's business model well and
customization can be expensive
Return on Investment may take too long to be
profitable
Implementations have a risk of project failure.
