Introduction to ERP Systems

Learn the principles of ERP systems and how to apply ERP solutions to your company or project.
4.4 (44 ratings) Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
1,612 students enrolled
Instructed by Stefan Markov IT & Software / Other
$19
$20
5% off
Take This Course
  • Lectures 25
  • Length 3.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works

Discover

Find online courses made by experts from around the world.

Learn

Take your courses with you and learn anywhere, anytime.

Master

Learn and practice real-world skills and achieve your goals.

About This Course

Published 3/2015 English

Course Description

The Introduction to ERP Systems course is designed to give a overview of the process of implementing ERP systems. It is generally a practical course, derived from real life experience with many projects in various countries and industries.

Learn about ERP systems, how they work and how to implement them with this comprehensive course, that covers a variety of key topics, including:

  • What business software is available today, what is ERP
  • Characteristics of ERP systems
  • The good, the bad and the ugly side of implementing ERP systems
  • Types of ERP solutions available today
  • Costs of the project and budgeting for your ERP system
  • Implementation phases and timeline
  • Business model of the ERP systems
  • IT infrastructure, on-premise and cloud solutions
  • Integration with other solutions
  • ERP project lifecycle
  • Disaster recovery and business continuity

At the end of the course, you will have a clear idea about what ERP systems are, how they are implemented, what the risks and opportunities are and how the implementation should be planned. The course contains much behind the curtain insight, which you can use to select your system better, plan your project more successfully, lower your project cost and achieve better results from the ERP system. For example you will learn that the mid-level ERP systems today are more powerful than ever, turning them into a sweet spot for most projects at the moment. You will also learn that you should start your ERP project with the minimum viable license possible, something that will save you substantial costs in support fees.

The course is designed to be easily understood and followed. You will need some basic knowledge about business and IT concepts, however beyond that the lectures give you comprehensive information about each of the topics covered. That is why the course will be interesting both for beginners in the field and for seasoned users, who need knowledge in specific areas.

What are the requirements?

  • Basic business knowledge - understand the logic of sales, purchases, accounting, finance, production, etc.
  • Basic IT knowledge - understand the logic of computers, tablets, servers, network, Internet, etc.

What am I going to get from this course?

  • Understand the principles of ERP systems
  • Decide which class of ERP solutions is best for the project at hand
  • Know the details of how the ERP will be implemented
  • Prepare a realistic budget and timeline
  • Know what an ERP can bring to the company
  • Learn the practical aspects of an ERP implementation

What is the target audience?

  • People, who have already started or are considering starting an ERP project for their business
  • Project Managers for ERP implementation on client's side
  • Managers, who are considering business software as a way to develop the company
  • IT personnel, who would like to know how to plan for ERP implementation
  • ERP system users, who would like to know the logic of the systems in more details
  • Students with IT/Business profile, who would like to know the real life aspects of ERP systems
  • This course is not intended to teach a specific ERP system. It is a general introduction to ERP
  • Advanced ERP users and ERP Project Managers would probably not benefit from this course as much

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: What is an ERP?
2 pages

This is the general description of the course coverage, the teaching methodology employed and the expected knowledge, that you will gain from the course. Please review it before you start with the video materials.

04:38
Sales, purchases, finance, accounting, reporting, etc. - these are the key building elements of the modern company. We will comment on their connections, functions and information needs, that a business solution like ERP can cover.
08:12

The lecture covers what the key business solutions available today are. It dicusses in details the place of the ERP system in the whole picture, what ERP systems give more than the other solutions and where they are not so good.

10:32

The lecture discusses what key characteristics distinguish ERP systems as a class of solutions. It discusses the structure of the ERP systems as solutions.

08:44

In practice there are many areas where ERP systems shine and this lecture comments on them in details. They include:

  • Integration
  • Functionality
  • Reliability
  • Scalability
  • Security, etc.
04:48

Not all is good with ERP however, here I disucss what the bad sides of the process are. They include:

  • Price
  • Complexity
  • Risks of the project, etc.
03:17

Unfortunately quite a large number of ERP projects fail completely. This lecture will discuss the implications, as well as give you tips on how to handle issues.

02:38

This lecture tries to see the balance between good and bad things, and make a conclusion about the overall effects of ERP systems and why they are implemented. Overall the good outweigh the bad, which is why ERP systems are implemented across the board.

Section 1 Quiz
8 questions
Section 2: ERP systems today
13:26

There are literally thousands of solutions in the world that are in some way described as ERP by their authors. I will try to offer a classification and discuss some of the key players and the levels that these solutions form. In general there are big differences between the various solutions so when you see an ERP in the name of a product, that is not a guarantee of quality and features by itself.

14:46

There are many obvious features about ERP systems that you can see on demos, on websites, webcasts, etc. However a variety of features, which are really important for your project, may end up completely unnoticed. This lecture focusses on such topics, including:

  • Security model
  • Development model
  • Administration, etc.
09:16

This lecture focuses on the various ways you can deploy your sustem. In today's world people think everything should be in the cloud and there is logic to this idea. However ERP systems are still largely implemented internally, the lecture also covers why that is the case.

06:34

There are many questions you need to address when you select an ERP system. It is not easy to make the right choice because you have to balance over a number of parameters you need to be aware of. The lecture suggests what key factors you should have in mind to select the right class of ERP for you and even the specific system you can implement.

07:42

Although you must invest substantioal amount of money for completing an ERP projets, they are usualy not a one time deal. Whichever deployment option you choose, you will have significant recurring costs on the project. They include:

  • Licenses
  • Implementation and support services, etc.
03:31

Here I try to build a compresensive model of what ERP are, how they are implemented and how they are supported over the long run. This is a complex picture as it contains numerous elements, but you should have it in mind when going for an ERP project.

Section 2 Quiz
8 questions
Section 3: Implementing an ERP
14:28

It is very important that you plan your ERP project well. This lecture will teach you how to do this efficiently and effectively, so that your project is successful.

11:02

The most obvious cost of any implementation is the licenses for it. However in most projects they are way less than oll other investments you need to do. They include IT infrastructrue, networking, implementation services, etc.

06:28

The internal resource spends more time on the project than the implementing partner. The idea that you will just pay and get a finished system without the significant time end effort of the company, is not how things happen in practice. Be prepared to work on the project for it to be successful.

16:40

This lecture discusses the IT infrastructure that you need for your ERP implementation. Even if you have a cloud solution, you may still need to improve your infrastructure. And considering the number of projects that utilise on-premise solution, the need for IT investments becomes quite clear.

13:19

The project looks into the typical ERP project timeline. It includes:

  • Pre-implementation (idea of the project, business process analysis, decision)
  • Implementation (selection of supplier, business analysis, development, testing, launch, support on start)
  • Post-implementation phase (long term support, upgrades and development)
08:53

Although ERP systems are powerful, we often need to integrate them with other solutions. Learn what types of solutions are usually integrated and some of the options of how this can be achieved.

09:11

ERP projects bear substantial risks. They include:

  • Time and cost overruns
  • Failure to reach results
  • Complete project failures, etc.

The lecture covers an overview of these risks.

Section 3 Quiz
8 questions
Section 4: Some advanced topics
09:19

The ERP project is a long term endevour for the company. It should be live and growing long after the implementation is complete. This lecture looks on the overall dynamics of the process and how the system lives in the company.

13:56

Just a bunch of IT stuff...but you should be aware of it because it is vitally important for your ERP proejct. The lecture will give you a good prospective of what they are and how ERP systems should be covered in this respect.

09:02

A case study on an ERP project from practice. It is about a recently merged production company, having issues with:

  • Information flow
  • Reporting
  • Business processes
  • Multiple systems, etc.

The case study discusses on the effect of the ERP system I implemented and how it helped address all of the above issues.

Section 4 Quiz
4 questions
00:46
The title says it all, really :-)

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

Stefan Markov, Business Solutions in Action

Work Experience

2013 onwards - Founder of Dill Venutres, an idea development hub, based in Bulgaria, Europe. One of our projects is Dill Advisory, a consultancy business network, focused on providing top quality services in the areas of Management Consultings, IT and IT solutions, Transaction Support, M&A Support, Business and Financial Modelling.

2008 onwards - Founder and General Manager of Rinamar Ltd., a professional consulting company, working in the area of Project Management for the implementation of ERP, CRM, BI solutions, IT management, Business Process optimization, Organizational restructuring.

2005-2008 - Project Manager for ERP implementation and afterwards IT Manager of VM Finance Holding. Managed the implementation of Dyamics NAV in all companies of the group and redesing of IT infrstructure.

2002-2005 - Analyst, the Project Manager for ERP implementation, after that Financial Controller of Plena Bulgaria and Ognyanovo-K.

Business Software Experience

I have manged and consulted the implementation of ERP systems in more than 15 companies. Most of my projects were in Bulgaria, although I have projects in other countires in Europe and Africa. I have hands on experience with high and solutions like Infor LN and Microsoft Dynamics NAV, mid market general solutions like Microsoft Dynamics NAV and Maconomy, as well as various low end local solutions.

I have experience with managing project on international level and on various business and people coultures. In terms of industries, I have personal experience as project manager of consultant in ERP projects in Retail, Wholesale, Distribution, Transport and Logistigcs, Chemical industry, Building industry, Shippyard, Printing House, Advertising, PR, Building Automation, Wood and Flooring, Internet Service Provider and IT Hardware and Software Solution Provider.

In addition to ERP, I also have experience with other business IT solutions, including CRM, BI, BPM and specialized developed solution for business.

Education

I have a MSc with Distinction in Economics and Finance from University of Warwick, UK

I also have a BS in Economics from University of Sofia, Bulgaria

Ready to start learning?
Take This Course