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Share of India's IT industry to the country's GDPincreased from 4.8 % in 2005-06 to 7% in 2008.
Key driver of global economic growth
Emerged as a major global source of bothgrowth and employment.
India is viewed as the second most favorableoutsourcing destination after the United States
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NA SSCOM, the Indian chamber of commerceis a consortium that serves as an interface to
the Indian software industry and Indian BPOmaintaining a state of the art informationdatabase of IT software and services related
activities for use of both the softwaredevelopers as well as interested companiesoverseas.
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Cost savings and improving the accuracy of exchanginginformation
A voiding human mistakes inherent when complex and repetitivetasks are usedSaving money because it reduces errors and the time it takes toaccomplish tasks
Integrating and coordinating several functions at once
Improving the organizational efficiency and effectiveness byeliminating delay, administrative intermediaries, and redundantprocessing steps and by providing better access to information.
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A bundant availability of skilled manpower
Huge pool of English-speaking IT professionals
Reduced telecommunication and internet costs
Reduced import duties on software and
hardware productsCost advantages
Encouraging government policies
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Prior to 1980s the information flow betweenfunctional areas within an organization werepaper based which is slow.
Three factors have strongly impacted thischange in the importance of information:
Serving the customer in the best, most efficient and
effective manner has become criticalManagers' abilities to reduce inventory and humanresource requirement to a competitive levelInformation flows plays a crucial role in strategicplanning
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IBP - Gaining popularity.
Distinct parts of the IBP market
Direct-Material Procurement : Involves acquisition of products directly required for production.
E.g. RM
Indirect-Material Procurement: Purchase of productsthat are indirectly used in the production process.
E.g. office supplies; maintenance, repair and operating supplies(MRO).
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ER P integrates internal and externalmanagement information across an entireorganization, embracing finance/accounting,manufacturing, sales and service, etc.
It automates this activity with an integratedsoftware application.
Facilitates the flow of information between allbusiness functions inside the boundaries of theorganization and manage the connections tooutside stakeholders
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Source: http://en.wikipedia.org/wiki/List_of_ERP_vendors
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W MS, is a key part of the supply chain andprimarily aims to control the movement andstorage of materials within a warehouse andprocess the associated transactions, includingshipping, receiving and picking.
Utilize A uto ID Data Capture ( A IDC) technology,
such as barcode scanners, mobile computers,wireless LAN s and potentially Radio-frequencyidentification (RFID) to efficiently monitor theflow of products.
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Most visible in the checkout counter of supermarket
Barcode specifies name of product and itsmanufacturer
A pplicationsTracking the moving items such as components inPC assembly operations, automobiles in assemblyplants
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RFID is a technology that uses communicationvia radio waves to exchange data between areader and an electronic tag attached to anobject, for the purpose of identification andtracking.
Some tags can be read from several metersaway and beyond the line of sight of the reader.
A pplication: Enables Bulk reading / parallelreading of tags.
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Tools and techniques utilized to conductbusiness in a paperless environment
A utomating the process of moving documentselectronically between suppliers and customers
Includes EDI, e-mail, electronic fund transfers,electronic publishing, image processing,electronic bulletin boards, shared databases andmagnetic/optical data capture
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1. Quick process to information.2. Better customer service.
3. Reduced paper work.4. Increased productivity.5. Improved tracing and expediting.6. Cost efficiency.7. Competitive advantage.8. Improved billing.
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A s per NA SSCOM, the Indian IT exports areanticipated to attain US$ 175 b illion by 2020
out of which the domestic sector will accountfor US$ 50 billion in earnings.
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Thank You
