EMERGING TRENDS ON ERP
01.What is OLAP?
On-Line Analytical Processing is a decision support software that allows the
user to quickly analyze information that has been summarized into
multidimensional views and hierarchies.
02. What is supply chain?
chain is a network of facilities and distribution options, that performs the
functions of procurement of materials, transformation of these materials into
intermediate an finished roducts, and the distribution of these finished
products to customers.
03. What is SCM?
Supply Chain Management is a generic term that encompasses the coordination
generation, order taking
and offer fulfillment/distribution of
products, services or information.
04. How ERP used in CRM?
relationship management (CRM) systems build on the organizational value ERP
provides; specifically, they increase the flexibility of the company’s common
database regarding customer service. Various kinds of CRM software are
available, some from ERP vendors (including SAP) and some from third-party
software companies. CRM software can lead to operational savings, but most
companies buy it because they believe that creating better customer
relationships will result in higher revenue. Uses of CRM have evolved since the
software was initially launched; what began as a customer contact repository
has extended its capabilities to include sophisticated business intelligence.
CRM can be installed in-house or on-demand.
Define business analytics.
analytics is a term used to describe a range of different applications and
technologies used to extract and analyze large amounts of data to aid in
do you mean by Cloud Computing?
computing can be defined in simple terms as the delivery of a software product
to a user via the Internet. The user typically accesses the cloud product
through a Web browser or a lightweight (meaning small and simple) application
for a computer or mobile device.
the ERP systems enabled with internet?
needs are driving companies to connect their business applications, such as ERP
systems, both internally and externally through the Internet. Software designed
with an SOA can be quickly deployed and reconfigured as business conditions
require changes to the applications, databases, and other infrastructure hosted
in data centers owned by a company. The combination of software tools that
enables an organization’s
systems and applications to communicate with other applications is called Web
do you mean by open source ERP?
source ERP provides the users with free versions of software programs without
license, other rules and regulations.opern source erp platforms the user is
able to access the source code and know how the applications work and can
change the code as per the business needs. This has been commented as one of
the main reasons for small and medium sized orgainsations to select open source
ERP platform rather than outsourcing the developing applications that suit the
are the advantages of business analytics?
workforce performance information
supplierand customer performance
activites of human resources
and monitors maintenance process
are the components of extended ERP?
What are the benefits of cloud computing? Reduces
of scale Virtualization Payment basis Maintenance costs Thin client Scalability
State the limitations of the cloud –based ERP
applications. Limited functionality and availability
customization Security risks
1. State some key points of the contract with the consultant,
which should be addressed.
Profile of the consultants’ team with the resume of
Consulting fee and payment details
Time schedule and the implementation budget
Terms and conditions of knowledge transfer and
List of deliverables (reports, manuals, knowledge
monitoring and status reporting systems
the internet used in Cloud computing process?
computing can be defined in simple terms as the delivery of a software product
the Internet. The user typically accesses the cloud product through a Web
browser or a lightweight (meaning small and simple) application for a computer
or mobile device. Cloud computing is not a completely new concept, rather it
simply represents the latest stage of the development of computing and the
Internet. To better understand how cloud computing will impact ERP system
development, it is useful to review the development of SAP’s ERP systems with
the advent of the Internet.
SAP introduced its joint Internet strategy with Microsoft. The core of SAP’s
first effort to integrate the Internet with its products was the Internet
Transaction Server (ITS) a server-based software system that enabled efficient
communication between an SAP ERP system and the Internet. To provide some
context for the state of the Internet at this time—in 1996, Amazon.com was only
one year old, and the online travel agencies Expedia and Travelocity were both
just being founded. Many other Internet services we take for granted today did
not exist at this time.
1999, SAP announced mySAP.com, a new strategy designed to completely realign
the company and its product portfolio. The goal of this initiative was to combine
e-commerce solutions with SAP’s existing ERP applications, using cutting-edge
Web technology. In 2000, SAP began building on the mySAP.com vision by adding
the capability for electronic marketplaces and corporate portals.
the Business Analytics process used in ERP ?
intelligence (BI), also referred to as business analytics, is a term used to
describe a range of different applications and technologies used to extract and
analyze large amounts of data to aid in decision making. BI includes
data-mining tools and querying tools, which are often interactive and visual.
The growth of data-generating technologies such as RFID,combined with
improvements in BI tools, has led to significant growth in the BI market. Prior
to 2008, almost all of SAP’s ERP business came from traditional ERP suite
in the period from 2008 to 2011, the percentage of the business that came from
BI rose to 50 percent.On the left side of the diagram are the potential BI data
sources, which are growingboth in number and in the volume of data produced.
For example, sources such as Facebook, Twitter, and other social media
applications can provide information on consumer reaction to new products.
center section represents the analytical capabilities of BI; it includes items
such as analytic applications and business intelligence, which are similar sets
of data analysis tools. In SAP’s framework, analytic applications are data
analysis tools applied to specific industries, such as financial services,
manufacturing, consumer products, retail, and utilities or to functional areas,
such as supply chain management, finance, human resources, IT, and service,
sales, and marketing. Enterprise performance management is the concept of
developing strategic goals for the organization and then gathering data to
evaluate how the organization is performing in relation to those goals. The
governance, risk, and compliance category represents a group of activities
focused on ensuring an organization is functioning ethically and legally.
refers to the processes that ensure that top management is receiving accurate
and timely data necessary to run the organization and that control mechanisms
are in place to make sure that management directions and instructions are being
carried out. Risk, or risk management, consists of processes to identify risks
to the organization and to develop plans to minimize the potential damage to
warehousing is the technology used to store the large volumes of data used in
the analysis. Enterprise information management is a relatively new term that
describes the business and technology functions that manage information as a
corporate asset. Previously, this was primarily through personal computers, but
with the growth in mobile technology, an increasing variety of devices can now
be used to access BI.
the emerging trends in ERP?
Open source ERP
Supply chain management
Customer relationship management