E Commerce

Advantages

- E-commerce provides the sellers with a global reach. They remove the barrier of place
(geography).

-  Electronic commerce will substantially lower the transaction cost. It eliminates many fixed
costs of maintaining brick and mortar shops.

- quick delivery

Cloud ERP

Online ERP
Always online and high security
Lower cost of ownership
Only sign in and start using
Cloud-based ERPs offer near infinite ability to scale and empower your team to access any
information they need wherever their work takes them, from customer sales meetings to
remote worksites to your home office
ability to securely login from anywhere
Key features include the ability to access customer information, sales histories, financial
data, human resources management tools, live operating metrics, supply chain status, and
more.
Components
Financials and accounting
Human resource management software (HRMS)
Customer relationship management (CRM)
Inventory management
Order management
Procurement
Supply chain management 
Project management 
Material requirements planning (MRP)
Types
Multitenant SAAS -single erp version serves multiple orgs
Single Tenant SAAS - A single version of the ERP software and its associated
infrastructure serves just one organization. Hosted on private servers
Private cloud: A service that is not shared with any other organization.
 Hybrid ERP: Just as it sounds, a hybrid ERP approach combines onpremises software
with a private cloud or public cloud for computing, storage and services.

ERP Modules

Procurement
Supply chain management
Human resource management
Customer Relatioship management
Finance
Inventory Management
Manufacturing
Workforce Management
Order Management