Advantages And Disadvantages Of Enterprise Resource Planning

The enterprise resource planning (ERP) system is the main contributor of fundamental decision-making process. A greater efficiency will be created by storing our business’s critical knowledge that determines the decisions that drive performance in one accessible location. Using the ERP system will create a collaboration between department; therefore, removing the independent department decision-making process that can cause issues when one department does not communicate with another department.

Extra advantages our company can benefit from are the variety of modules that support various functions, like accounting, distribution, human resources (HR), materials planning, manufacturing, marketing, order entry, and warehousing. When a user from any department enters information into a module it will automatically update throughout the system. Modules can be adopted to suit the needs of every department and simplify their processes as well as share the attained information throughout our business. Additions like CRM (customer relationship management) and a SCM (supply chain management) ...