Most types of ERP software also offers some type reporting options. Instead of having each employee maintain their own unique database or spreadsheet which normally have to be manually merged to generate various reports, mot ERP systems allow the users to gather all the eports from one system. For instance, with sales orders automatically getting saved in the financial system without any kind of manual keying, the order management department can now process all the orders more quickly and more accurately, and in return the finance department can close the books faster. So a good ERP system can save a lot of time for many companies and thereby save them some money.
The term ERP (Enterprise resource planning) was commonly reconised in the late 1990 by Gartner, but it actually goes all the way back to around 1960s. Back then, the concept did apply to inventory management and control in the manufacturing sector. Later on various software engineers created several programs to monitor the inventory, reconcile the balances, and report on status with a single click. By the early 1970s, all of this had then evolved into what is commonly known as Material Requirements Planning (MRP) systems which is used for scheduling production processes.
Later in the 1980s, MRP was extended to include more manufacturing processes, and was by many called MRP-II or Manufacturing Resource Planning. In the 1990s, these systems had expanded beyond inventory control and other operational processes to other back-office functions such as accounting and human resources, the stuff that most ERP now a day handles.
Some examples of modern ERP systems are
- Epicor Enterprise Resource Planning 10
- Infor Baan/Infor LN
- Microsoft Dynamics AX/GP/NAV/SL
- Oracle ERP
- SAP Business All-In-One software
When you install some type of ERP system in your company, you suddenly get a lot more data available at one central location and why not get the most out of these data just sitting there? Now a day you can easily integrate most modern business intelligence systems right into your existing ERP system and start taking advantages of all the data you have collected. Using the data provided by your Enterprise Resource Planning system and feed them right into your BI system and let that find the patterns you are looking for and use these data to further improve your company and take it to a whole new level. Tyrolerudklædning had a huge success with this approach.
We have seen a lot of failed attempts at this but also many success stories such as:
Two danish companies selling tyroler kostumer, who have recently implemented a business intelligence solution on their ERP system and have already found a lot of places where they can improve their business by taking action on the findings in the BI system. Videnskabsjournalister found that they could reduce their staff with 20% and still keep the same level of production and service, not the best news for the employees but quite a save for the company though.
Many other companies have experienced similar success after analysing the data in their ERP system and using these data to get the most out of their company.