ERP (Enterprise Resource Planning) is a computerized system that allows the design , management and utilization of resources of a business online, thus it supports every process with the latest software tools to optimize productivity . Real time diffusion of information to optimize decision making and allows business interconnection with a unified business environment , leading to overall optimization of the value chain.
Identifying the problem:
The dawn of the the third millennium finds the advanced economies in a frantic race of internetworking. Practically, they are at a point where all enterprises and more than 50% of consumers are connected to the internet providing an environment for business development which has no precedent in human history and is termed electronic business (e-business). All enterprises are engaged in an effort to redefine their operation model, so that new and unexplored potential offered by the new reality of electronic business is included.
So the competitiveness of any business significantly depends by a new factor as well: the degree of utilization of information techno-logies for electronic interconnection of the enterprise with a unified business environment.
Finding the solution:
The first wave of the information revolution consisted in automation and IT support to internal business operations and involved the formulation, development and deployment of ERP systems for large enterprises. The second and established wave of the information revolution is the automation of external business operations and is achieved by linking the enterprise with partners : suppliers, customers and institutional organizations ( banks, tax offices , insurance agencies , etc.). Condition for the interconnection of the enterprise with a unified business environment is the installation of an ERP system.
Logismos developed, using the latest development tools, an integrated resource planning system: the momentum. Significant role in the development had the knowledge of the specific requirements of modern enterprises and the need to maintain the always essential business investment costs to affordable levels. Today momentum is a mature ERP system that works seamlessly in all sectors of the economy - industry , commerce, services - while Logismos distinguished services render high quality and absolute reliability, both in terms of the final result and compliance with contractual deadlines. Logismos based on momentum and its unsurpassed quality services, can securely lead enterprises in the 21st century. in the new business environment .
Characteristics of momentum:
Provides the ability to order modification of the core applications or create new specific applications. Provides the ability to connect to the internet for developing electronic business. Utilizes the principle of single data entry , providing access to imported information to any interested user in real time. Works on window environment with usability colored graphs. Architecture is 3-tier client / server. Uses the database ORACLE. It has the ability to export and receiving data in the form of ASCII, MS Office or other programs. Using object oriented technology, which allows high productivity in the development and flexibility in subsequent modifications.
Installing an Enterprise Resources Planning System ERP to an enterprise is the answer, not only in processing and comprehensive utilization of financial and other information, but also helps to unify and coordinate the divisions of a company.
ERP is a unifies system that connects the different processes of the company’s departments whilst facilitates the ability to the collection and immediate processing of data that the business needs and external environment.
The installation of an ERP system aims…
To improve business decision. To simplify business operations. To improve control and management.
The benefits of installing an ERP system consist of:
- Improved management of financial flows.
- Reduce inventory costs.
- Reduce procurement costs.
- Reduced time order fulfillment and responsiveness to customers.
- Maximum utilization of data.
An ERP system installation often requires reorganization of many company processes, thus it has to be a conscious decision with full support of top management.