Systems Applications and Products in Data Processing
SAP stands for Systems Applications and Products in Data Processing.
It was Founded in 1972 by Wellenreuther, Hopp, Hector, Plattner and Tschira.
SAP by definition is also name of the ERP (Enterprise Resource Planing) software as well the name of the company.
SAP system comprises of a number of fully integrated modules, which covers virtually every aspect of the business management.
SAP is #1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countries
Other Competitive products in market are Oracle, Microsoft Dynamics etc.
What is an SAP- ERP? Why it is Required?
Following Video will explain the need of an ERP software like SAP in an enterprise
Video Transcript with Key Takeaways Highlighted: * The very basic question is why Enterprise Resource Planning also called ERP is required ?To answer this , lets examine this typical business scenario * Sales Team approaches the Inventory department to check for availability of the product. * In case the product is out of stock ,the sales team approaches the Production Planning Department to manufacture the product.The Production planning Team checks with inventory department for availability of raw material * If raw material is not available with inventory , the Production Planning team buys the raw material from the Vendors then Production Planning forwards the raw materials to the Shop Floor Execution for actual production. * Once ready , the Shop Floor Team forwards the goods to the Sales Team , who in turn deliver it to the client. The Sales Team updates the Finance with revenue generated by sale of product * Production planning Team update the finance with payments to be made to different vendors for raw materials.All departments approach the HR for any Human Resource related issue. * That is a typical business process of in a manufacturing company * Some Key
It was Founded in 1972 by Wellenreuther, Hopp, Hector, Plattner and Tschira.
SAP by definition is also name of the ERP (Enterprise Resource Planing) software as well the name of the company.
SAP system comprises of a number of fully integrated modules, which covers virtually every aspect of the business management.
SAP is #1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countries
Other Competitive products in market are Oracle, Microsoft Dynamics etc.
What is an SAP- ERP? Why it is Required?
Following Video will explain the need of an ERP software like SAP in an enterprise
Video Transcript with Key Takeaways Highlighted: * The very basic question is why Enterprise Resource Planning also called ERP is required ?To answer this , lets examine this typical business scenario * Sales Team approaches the Inventory department to check for availability of the product. * In case the product is out of stock ,the sales team approaches the Production Planning Department to manufacture the product.The Production planning Team checks with inventory department for availability of raw material * If raw material is not available with inventory , the Production Planning team buys the raw material from the Vendors then Production Planning forwards the raw materials to the Shop Floor Execution for actual production. * Once ready , the Shop Floor Team forwards the goods to the Sales Team , who in turn deliver it to the client. The Sales Team updates the Finance with revenue generated by sale of product * Production planning Team update the finance with payments to be made to different vendors for raw materials.All departments approach the HR for any Human Resource related issue. * That is a typical business process of in a manufacturing company * Some Key