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6 min video

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10 min video

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What is Enterprise Resource Planning (ERP) Software?

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Business Metrics - Lecture Topic Five      

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Business Metrics - Lecture Topic Five      

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Lecture Recording - class begins with video today

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Lecture Recording - class begins with video today

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ERP 101 - think of it as a Business Operating System

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ERP 101 - think of it as a Business Operating System

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19 min video

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ERP 101 - What is Enterprise Resource Planning Software & How Can Small Businesses Benefit From It.

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15 min video

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Conversational ERP – Lesson 1 – What is ERP (15m)

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Exam prep question - Define CRM and ERP and list the similarities and differences between them.   

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Exam prep question - Define CRM and ERP and list the similarities and differences between them.   

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Present your work in class.

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2 min video

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What is CRM and How Does it Work? | Salesforce

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Research an Enterprise Resource Planning case study online - summarise to present in class

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Research an Enterprise Resource Planning case study online - summarise to present in class

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Enterprise Resource Planning (ERP) solutions are vital for all kinds of companies, especially those that are growing or very large.

Companies look to software providers for help in managing all kinds of enterprise resources. Some of the biggest needs fall in the categories of accounting, financial analysis, human resource management, client relations, manufacturing, supply chain, and inventory management. Some of the largest solution providers include Oracle, IBM, SAP, Salesforce, and Microsoft.

Below are a few ERP success stories to help understand some companies' biggest challenges and goals in this area.

Western Digital

Western Digital is a technology company with offerings in the areas of data, data storage, data systems, and data solutions. A merger of Western Digital, SanDisk, and HGST was a big challenge for the company around 2019. With the merger, Western Digital wanted to centralize ERP so that all three companies could better work together.

After final deliberations among two providers, the company went with the Oracle ERP Cloud. This choice also followed with an Oracle Suite of products that included solutions for performance management and analytics, all integrated together.

The major benefits of the Oracle choice included integrations from the three businesses across the following:

Cost center management

Information technology

Human resource management

Payroll processing

Streamlined systems for forecasting business analytics and forecasts

Workforce planning

Comprehensive dashboards and automated reporting

Improved customer relationship analysis

Systems all running efficiently in the cloud for easier accessibility and document management

Walmart is one of the top ten largest companies in the United States by market capitalization. Sales for the company are around $500 billion annually, which nearly doubles that of its closest retail competitor Amazon.

The company operates globally with brick and mortar supercenters, discount stores, and neighborhood markets. It owns hundreds of brands, including the well known Sam's Club. To successfully keep its shelves stocked it works with thousands of suppliers. Its e-commerce business is also a behemoth, with a long list of online seller partnerships. The sheer size of Walmart's business is one of its greatest advantages, but also challenges when it comes to ERP.

Walmart works with many ERP providers. In 2018 however, it announced a strategic partnership for building out a digital transformation through Microsoft Azure. Expectations for the Microsoft Azure relationship include:

Plans for building out a cloud-based enterprise system that serves as the framework for managing all of its resources

The capability to plug-in existing ERP applications to the Microsoft Azure framework

Integration of Microsoft 365

Broader and more efficient opportunities for e-commerce

Broader opportunities for automated warehousing capabilities

Use of artificial intelligence for supplier relationships

Integration with SAP Hana and other legacy inventory management solutions

Integration with blockchain-based solutions that are evolving

TD Bank Group

A migration to a sound cloud framework was also the driver for a relationship between TD Bank and Microsoft for the Microsoft Azure ERP. For the TD Bank Group, some of its biggest challenges are centered around digital storage and the digital experience for customers.

With Microsoft Azure, the TD Bank Group will also integrate Office 365. Some of the greatest benefits TD Bank will experience with its Azure relationship include:

Enhancements in derivative pricing and risk management for TD Securities

Integrations for its proprietary data and analytics database used in cross-bank reporting

Integrations with artificial intelligence developments through its subsidiary Layer 6

Greater opportunities for managing TD Bank customer relationships and digital experiences

The Bottom Line

ERP systems are usually big-ticket projects with high costs and varying timeframes. Often, the commitment to an ERP system is one a company hopes to keep over the long haul. Comprehensively, a company can utilize many different ERP solutions and providers, which can create a lot of compatibility complexity.

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Case Studies of Successful Enterprise Resource Planning

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Enterprise Resource Planning (ERP) solutions are vital for all kinds of companies, especially those that are growing or very large. Companies look to software providers for help in managing all kinds of enterprise resources. Some of the biggest needs fall in the categories of accounting, financial analysis, human resource management, client relations, manufacturing, supply chain, and inventory management.

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Join our class WhatsApp Group via this link https://chat.whatsapp.com/Hk1HseOnrSAJYHrz39xELm

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Join our class WhatsApp Group via this link https://chat.whatsapp.com/Hk1HseOnrSAJYHrz39xELm

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Same every week

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