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Scope of Implementation of ERP in Manufacturing Industry

INTRODUCTION: Enterprise Resource Planning (ERP) is an integrated computer-based system used to manage internal and external resources, including tangible assets, financial resources, materials, and human ... Read Full Article

A Study on Human Resource Information System and its Role in an Organization

With the increasing effect of globalization and technology, organizations have started to use information systems in various functions and departments in the last decades. Human resources management is one of the departments that mostly use management information systems. HRIS has gone from a basic process to convert manual information keeping systems into computerized systems, to the HR Information Systems that are used today. Human resource professionals began to see the possibility of new applications for the computer. HR information systems support activities such as identifying potential employees, maintaining complete records on existing employees and creating programs to develop employees’ talents’ and skills. HR systems help senior management to identify the manpower requirements in order to meet the organization’s long term business plans and strategic goals. Middle management uses human resources systems to monitor and analyze the recruitment, allocation and compensation of employees. Operational management uses HR systems to track the recruitment and placement of the employees. HRIS can also support various HR practices such as workforce planning, staffing, compensation programs, salary forecasts, pay budgets and labour/employee relations. This research paper is based on collection of secondary data form various journals and internet. On that basis the conceptual paper is developed to understand the concept of HRIS and its role in an organization. ... Read Full Article

The Role of Information Technology in New Product Development

In order to achieve a successful new product, and certainly the successful implementation of a new product into a company, it is necessary to have a structured and documented approach to New Product Development (NPD), therefore providing a clear roadmap for the development of new products. This review highlights the NPD process, from concept to consumer, in order for a company to succeed and use new products as a source for competitive advantage. Despite various sophisticated methods and high investments, new products still face notoriously high failure rates. A very critical stage in new product development is product concept testing for the go/no-go/kill decision in further product development. Since there is a high number of a different product concept to test, there obviously is a need for a reliable, valid and efficient method, which can benefit from the scalability and interactivity of Internet-based technologies. Internet-based information markets are a new method to support new product development, based on the market efficiency hypothesis. In today's technology-fueled business environment, the always-important speed to market factor has become perhaps the most critical factor in new product development. Today, however, speed to market is perhaps the most crucial part of product development. Improved communication (especially the Internet), increased globalization, and rapid changes in technology have put tremendous pressure on companies to get their product to market first. To improve speed to market, a company should first make sure that it is making the best possible use of available technology. If it is, then there are other steps that can be taken to speed product development through efficient, market-oriented product planning that takes the customer into account. We further, compare the results of the information markets with traditional research methods. This paper describes the nature and application of internet to an important marketing process. It offers the potential of improving the success of new products in the market place reducing significant waste. ... Read Full Article

A Study on The New Trend of e-CRM

Understanding how to effectively manage the relationships with customers has become a very important topic to both academicians and practitioners in recent years. As a result deploying, customer relationship (CRM) initiatives has become very common. Yet, the existing academic literature and the practical applications of CRM strategies do not provide a clear indication of specifically what constitutes CRM.In recent years CRM has made significant strides world over as an effective aid to serve customers. There may be hardly any organization which in some way or the other is not using CRM philosophy. CRM received fillip with the advent of internet and related web enabled technologies. As companies make the transition from a product-only focus to a customer focus, CRM emerges as a technology that brings customers closer to organizations to retrieve information online. Customer Relationship Management is no longer considered a business trend, but an industry standard that is required to secure and maintain competitive advantage. CRM, when correctly and effectively utilized, results in increased profitability and greater customer loyalty, two key needs for any organization. In view of considerable research and developments in web enabled CRM area during last two decades it becomes necessary to take stock of emerging technologies and identify emerging opportunities and bottlenecks in implementation. In this paper it is attempted to review developments in e-CRM that facilitates online service to customers. Apart from review of technology related developments, the study focuses on identification of thrust areas resulting benefits and implementation strategies. ... Read Full Article

Impact of e Learning

With the help of e-learning students can update their knowledge with all the latest happing of their subject. E learning avails students the option of selecting learning materials that meets their level of knowledge and interest also students can study wherever they have access to a computer and Internet. With so many advantage of e- learning it is in demand. But not many students are aware of this technology tool which has hampered their academic growth. This paper has tried to study the concept of e-learning, knowledge of studied students about e-learning. What kinds of facilities are available to university students for e-learning at their college campus. Further the attempt has been made whether E – learning depends on branch of study of students and their career plans. ... Read Full Article

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