IMPORTANCE OF SAP FOR PGDM STUDENTS
SAP stands for Systems Applications and Products in the field of Data processing. SAP, by definition, is also the ERP (Enterprise Resource Planning) software as well the name of the company. SAP Software was founded in 1972 by Wellenreuther, Hopp, Hector, Plattner, and Tschira. SAP system consists of a number of fully integrated modules, which covers virtually every aspect of business management. SAP is number 1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countries. Including SAP ERP in the business processes makes the day to day operations in the business more centralized and organized. Let’s imagine a scenario where you’re owner of a production house, your client orders a certain amount of goods, so you will first check with the inventory and surprisingly you found out you don’t have enough inventory maintained so moving ahead you ordered production team to start the production and there you came to know you have emptied your raw materials stock too, so in order to avoid this miscommunication you may introduced a more centralized and easily communicative environment through applying SAP ERP tool.
Through the commendable recent developments in the management positions, there have been introduced many uncommon fields of training in management, business owners and managerial heads in all over the world understood that it is the pressing need to entertain certain courses that are focused on solving modern day problems in the business economy and training managers that has certain qualities handy which would be greatly beneficial in order to successfully run the business. One of such steps taken was introducing PGDM course with SAP, most particularly training in handling and using ERP tool while managing certain departments or projects. The PGDM is a unique advanced program approved by AICTE that aims to help shape the emerging profession of business administration by delivering a cutting-edge interdisciplinary educational experience to the participants, and coupling it with the already useful and popular SAP tool, you move ahead rapidly in the route to a thriving career. Many top colleges in cities like Delhi/Pune/Bangalore etc have included PGDM+SAP in their course structures.
Benefits of PGDM+SAP
- Uniqueness in Industry- Not much managers are conditioned with the hands on knowledge of SAP and their tools, you may stand in a less crowded line in the path of landing your dream job, a unique knowledge is always beneficial, not only it increases pages in your CV, but also gives you edge over the other applicants. You may lead in a more successful manner than others.
- Career Growth- Being technologically sound and also earning a diploma in management will always be taking you to places, As discussed earlier there aren’t much people with this particular type of skill set so you can enjoy this remaining in the industry, also being able to handy with SAP tool you will be able to analyze the business functions more accurately and effectively, which may be the reason to lead you rapidly up the corporate ladder.
- High Salary- A scholar with PGDM+SAP will be a great combination for any company especially for those companies who are in the production industry. Thus, employees always tends to being offered a hefty amount of paycheck off course depending on your performance too, what is the benefits if you have learnt SAP but not able to use it, so you should be super capable when in need to perform tasks on SAP.
- New Learning- I believe there is always a fun to learn something new, be it anything, nothing new learnt never get wasted, like people say knowledge is the ultimate wealth. While learning SAP you will experience a lot of technological tools and terms which is going to help in every field in day to day business scenarios.
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- Source - Edumyra
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