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OP- almost every industry uses ERP tools in the current environment. Your questions are good but I think it would help for you to understand ERP systems and functions in its totality before you strive to understand SAP or other software solutions… here goes!
SAP, for example, is used by 26 industries. I was surprised to see a casino in our list of customers. Core functions like finance, procurement and HR, which are all part of ERP, are used in almost all companies irrespective of industry.
Great insight
A better question is which industries DON’T use ERPs. The answer is none.
It’s like asking “which companies use accounting and reporting?”
Everyone… for example amazon uses salesforce
Amazon uses SAP . Director laga ke baitha hai tina bhi nai pata Salesforce ERP nai CRM hai.
I can guarantee you that Google uses SAP & Oracle.
I know at least one client in every industry that uses ERP, it’s nearly impossible not to.
Meta uses Oracle Financials to run its F&A and workday for HR.
ERP is an umbrella term. More important is what type of domain do you want to master. Legacy ERP used to be three buckets (record to report, procure to pay, and order to cash). I would think more in the following way
Not exhaustive
Commerce - Salesforce, commerce tools, others
CRM - Salesforce
Order Management - Manhattan, Sap, Oracle, IBM
Supply Chain Planning - Relex, BY, Manhattan, o9, SAP,
Supply Chain Buy - Ariba, Coupa
Supply Chain Execution (WMS/TMS) - Manhattan, BY, Korber, SAP
Finance - Oracle, SAP, Workday
HR - Workday, Oracle, SAP Success Factors
Manufacturing - Infor
Point of Sale - GK, Aptos, NCR, Manhattan
Learn 3 things
1. Domain
2. Industry
3a. Consulting Skills
3b. Business if Consulting
OP, Have a look at this video. It's the best overview of ERP I have seen. Should clear your doubts. Thank me later 🙂https://youtube.com/playlist?list=PLWV533hWWvDltTj9BkGz8CLRR9PojuU_a
As someone that has worked in a few industries with manufacturing as one of the first I can say that your view of how SAP ERP for example is used will be different across the industries. ERP was mainly created for manufacturing companies and then adapted to other industries. In practice I know big tech companies use SAP but for limited use cases like finance, supplier management etc. they will use inventory management if they have physical products but I think your question of finance companies or tech companies since they don’t have physical products will use limited functionality of an ERP and interface it with either home grown software or niche softwares for their industry. ERPs are competing for more and more market share so they continue to expand to more industries and capabilities. However companies that rely on ERP for majority of their business will be within products, utilities, retail etc. with physical products. Finance and Tech will use ERP but not to the same degree unless it’s a specialized ERP for their industry.
If they don’t use erps they use excel spreadsheets
Yes that would not be the case with most of the organizations. Thank you for clarifying.
Everyone use SAP 😁
Everyone, everywhere, all at once
Most industries run ERP for their key business functions (supply chain, manufacturing, etc.) and enterprise functions (F&A, HR, procurement, etc.)
I truly appreciate your answers. Thank you all!
Ok but there’s an underlying question here.
How can one get into consulting firms who implement CRMs (I.e. Salesforce) and ERPs (I.e. SAP in specific)?
I am supporting SAP MM Module but I wish to get into consulting side and I don’t know how do I make that transition.
How do I start?
Where do I start?
What kind of skills should I have?
What kinds skills, knowledge, and experience would get me into consulting firms?
Thank you folks! Please feel free to DM me. I would like to know in detail.
Communication, facilitation, business expertise in a industry, being a SME in a module, etc.