One of the renowned auto parts dealer and an authorized service unit for some leading automotive players was facing challenges with its existing on-site ERP tools. It has 13 branches across southern Tamil Nadu and a network of service stations across the state catering to customer needs. While opening new branches, the company faced issues with additional infrastructure demands, unavailability of online data across its branches, redundant work due to data consolidation offline, lack of...
The Confederation of Indian Industry (CII), Chennai Zone organized its 2nd edition of “Conference on Cloud Computing – Leveraging the Cloud for Competitive Advantage” last week. With IT already identified as a key business enabler, organizations have started believing that cloud computing can provide them competitive advantage through helping them transform their business model.
Software as a Service or SaaS is a new model of software delivery. It refers to Software that can be accessed through a web browser. The customer can utilize all features or selective features based on a subscription amount. The subscription can be made monthly or annually and it depends on the service provider.
In a nutshell, on-demand ERP is like Google documents. The user can login with a Google username and password and then he/she can use all the features of Word, Excel and Powerpoint. On-site ERP is like Microsoft Office installed in a computer. An installation disk and a dedicated storage space are required in order to install it before using it. The only difference in case of ERP is that, the company needs to pay a subscription for on-demand ERP, according to the usage.
Gone are the days, where only affluent businessmen, rich families and high profile Government officials were able to travel by air. Commercial air travel, these days, have greater degree of affordability and anyone can fly from one place to another in a low-budget airline with no frills attached.
Supply chain management (SCM) helps organizations deliver goods and services to the right place at the right time in appropriate quantity and at an acceptable cost. Managing the supply chain involves handling suppliers and customers, controlling inventory, getting feedback and forecasting demand at every link. Implementing an ERP application will ease the process and help make accurate decisions.
Managing Human resources is very much essential in any organization these days, as people are largely responsible for organizational growth. Effective practice of HR management ensures accomplishment of organizational goals and drive towards the vision.
Last November, Reserve Bank of India released an approach paper on automated data flow (a straight through process) from the core banking solution (CBS) or other IT systems of commercial banks to the Reserve Bank. The approach paper details a methodology to be adopted by banks to ensure seamless flow of data from their transaction server to their management information system (MIS) server and automatically generate all returns from the MIS server, without any manual intervention. The Reserve...
Everyone is talking about the “Cloud”. Research people are talking about cloud computing; Companies are moving towards cloud-based applications; Subject matter experts and consultants are suggesting their clients to upgrade to the cloud; IT people are mentioning it as a paradigm shift in 20 years; Operations teams recommend you to opt for Software as a Service, so that you can cut costs.
With a population of more than a billion people and having enjoyed 65 years of freedom, India is one of the largest democracies in the world, with complex Government systems running it. At present, different sectors are controlled by independent systems and governing bodies. Given the fact that we are growing at a GDP of more than 7% per annum, the Central and State Governments have started recognizing the need for more dependable, efficient and accurate information systems. The complexity in...
Implementing an ERP solution is not an easy task. But successful results can be achieved by breaking them into simple ones. The complexity of implementation is directly proportional to the size of the company, the number of processes or departments available and the modules required.
Having four major lines of business and three TV channels, a newly established media organization headquartered in Mumbai, was planning to diversify into regional language space. The goal of the organization was to foray into the Indian Media sector and establish itself as a leading player.
Challenges in implementing ERP solutions are quite normal. Though it is not completely a technical job, a lot of planning and proper communication is very much essential to implement ERP across the organization. Below are the 7 common challenges we have noticed companies experience, when ERP Implementation
- It is very important, that implementation is done in stages. Trying to implement everything at once will lead to a lot of confusion and chaos.
- Appropriate training is very essential during...
ERP and related applications are improving continuously especially in the last decade. Even though there was an economic downturn in the later half of the decade, companies were keen on implementing ERP applications and solutions in order to reduce their expenses in the long run and to ensure efficiency of their operations. Integrating all the process across various departments helps companies avoid redundant work and in turn reduces the operational expenses. It also helps the company in the...
Enterprise Resource Planning or ERP has been around the world for quite sometime. It’s a popular notion that, implementing an ERP solution improves the efficiency, provides a clear view on productivity and growth. Here are 3 important reasons why growing businesses need ERP solutions.
Some challenges that we have seen clients persistently face, post an ERP implementation on the cloud, include resistance to using a new system, allowing inappropriate resources to handle the system, lack of a change management policy, over inadequate customization, poor planning and time management, lack of adequate participation from the top management, and excessive expectations.
Did you know that the HR Manager’s skills are integral to an organization achieving high levels of workforce competency and productivity? As a HR Manager, to effectively carry out transformation of the traditional HR functions into a comprehensive HCM Programme, you need sophisticated systems and methodologies to help you execute your programmes, maximizing the use of human resources in a more strategic level and gain valuable insights.
This is easier said than done. When companies engage with partners to expand their business, both sides...