Documente Academic
Documente Profesional
Documente Cultură
Resource Planning
in Apparel and
Retail Industry
What is ERP ?
AN ENTERPRISE IS A GROUP OF PEOPLE WITH A COMMON
GOAL, WHICH HAS SOME KEY FUNCTIONS AND RESOURCES AT
ITS DISPOSAL TO ACHIEVE THAT GOAL. So ERP is a method of
effective planning of all the resources in an organization.
OPPORTUNITIES THREATS
This element of the ERP system allows the retailers to undertake the
planning activities at a large as well as a small scale as per the need of the
situation.
It focuses on the different strategies to be employed in order to help the
retail store in increasing the sales of the merchandise. The retail-planning
component focuses on achieving the economies of scale and attaining the
desired efficiencies by increasing the merchandise sales at the retail chain.
SAP
O ra c le A p p lic a t io n s
29%
Th e S a g e G ro u p
47%
M ic ro s o ft D y n a m ic s
10%
E R P S y s te m s in th e E v a lu a tio n L is t o f E n te rp ri
3% 4% 7% S S A G lo b a l
Te c h n o lo g ie s
60
O t h e rs
50
40
30
20
10
0
M ic ro s o ft S1
O ra c le
SAP
G eac
In fo r
usiness Implications
•Graphical User Interface (GUI) support – critical to make the retail
ERP systems popular with the non-technical users.
•Allows optimum utilization of the resources –subsequently
translates into reduced costs and correspondingly high profits.
•Reduction in the overhead and Inventory –thereby reducing the
unnecessary costs to the company.
•Timely responsiveness –thereby extend timely response to any
customer demands.
•Integrated work environment –that can be easily monitored and
managed.
Knowledge transfer between industries –facilitates transfer of
knowledge between related industries and stimulates innovation and
subsequent growth