Introduction: A Business Blueprint: 1. Pre-Evaluation
Introduction: A Business Blueprint: 1. Pre-Evaluation
Blueprinting can be a helpful tool in determining what business model will work best
for your specific business. It can be challenging for companies that have not
developed a blueprint before to identify where to start!
8. Go-Live & End-user training: This step is performed when data conversion is
done, and databases are up and running. ERP system is made available to all
employees. This phase allows users to work on the software with real-time data. As
for users, it’s a transition from manual processes to a new ERP system, they may
make some mistakes; vendor provide extensive support either onsite or remotely.
10. Change Management: It refers to a set of strategies and process that is used in
order to manage the organizational change and guide people through the important
transitions in order to achieve the result.
An organization needs to understand its current pain points and barriers to
implementation of change. At this stage, it is important to be clear regarding the
purpose and potential scope of the change. The change could be to:
Improve the organization, advance the organization to reach a particular goal or adapt
to a change that would improve the overall success of an organization.
People who have led their organization through a digital transformation that started
five years back, says it is important to have a clear message and also employ multiple
tactics in order to effectively communicate with all the organizational levels.
Conclusion: So, it can be concluded that ERP implementation would involve different
stages and it is important to gain co-operation from the management and the
employees to ensure success.
The challenge of change management was recognized as the foremost challenge and
dealt with it right from the conception phase in the most elaborate manner. It had an
advantage of managing a change of a similar magnitude in the recent past. Apart from
training, various workshops were conducted throughout the company in small groups.
This was done to ensure maximum participation of employees and acceptance of the
process of change.
2nd Answer
Change management refers to a mix of art versus science, and this often
involves a combination of tactics as well as strategies, along with factors,
such as leadership buy-in, the culture of an organization, and how well it
would respond to the change.
From there, it would start to implement the change and constantly report on
the progress as the company would move towards its ultimate end goal or
future state.
A lot of good feedback can be received regarding how people feel regarding
the change, and where they would see some of the opportunities and some
level of success.
Ensure the change remains sustainable: This stage is all about true
integration and sustenance of the change in the long -term. To make the
changes sustainable needs ongoing, effective communication with all the
organization levels.
Change management would be really a constant process and one really has
to make sure that it is embedded within the company.
Effective change management: Though these five stages often define the
process of change, each organization would have its own unique path as
well as strategies it would require in order to implement in order to ensure
they can navigate this process.
So, it is a real reflection of the fact that we started from an acorn and have
grown in into an important driver of the business from a top -down.
The most challenging thing is to break down some of the historical siloed
methods of working in order to ensure creation of a much more cross -
functional, and global centre of excellence-driven model, and this enables to
then ensure progress at each and every place.
3a.
Planning the production would enable the company to plan production with
the best use of all the resources that are available.
Material requirement planning is done on the basis of the advice that has
been generated by the sales department.
Planning on the basis of production that is done consumer -wise advice and
sales forecast.
ERP production planning module would be very usef ul in making sure that
the process of production is as smooth and efficient as possible. In some
cases, ERP production planning module has even been able to overhaul the
process of production for the better totally.
Conclusion: Following are the best outcomes that have been observed
across industries: Manufacturing companies could reduce their lead times
by around 50% Food producers were able to increase their output by around
20% while maintaining a quality control of high level. Beverage producers
were able to reduce the levels of inventory by around 30%.
3b.
Introduction:
The ERP finance module refers to the software component handling the
main accounting as well as financial management functions of an enterprise
resource planning system. It consists of records of standard accounting,
such as the general ledger and balance sheet; generate financial reports
and would handle the related transactions, such as invoicing and expense
reporting.
The finance module would also be the component that mostly differentiate
ERP from other business applications that have been integrated, such as
management of human capital, and from its predecessor, planning of
material requirement, and this mostly addresses the raw materials and
components required when it comes to manufacturing.
It is the one truly important ERP module and often provides as the vanguard
of deployment when there would be a change in the ERP system of the
company or expand to new locations.
Profit tracking: The profit tracking renders a business with a picture of its
overall financial health and an overview of how it makes use of the financial
resources. With profit tracking, sometimes also known as profitability
analysis- an organization has visibility into where most of its profits would
come from. Some profit trackers would also be able to forecast the ROI of
an organization from all channels on the basis of historical s ales
transactions as well as an expense data.
Benefits:
The ERP finance module would enable to speed up the financial processes
of an enterprise and provides auditable management of revenue and
management of an expense. It would also enable the company to more
clearly communicate the financial information to external parties, and this
includes the vendors and consumers.
Conclusion: