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erp and related technology
essay erp systems
a short essay on the ERP system.
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ERP System Analysis: Colgate ERP Implementation MBA517 Information system management Midterm paper DI BAI 108726305 Introduction With development of the information system management, ERP system has been familiar with more and more people. What is the ERP? ERP is short for Enterprise resource planning; generally speaking, it is an Integrated Information System. From the definition of Wikipedia, ERP is business management software—usually a suite of integrated applications, that a company can use to store and manage data from every stage of business, usually it includes several components, such as forecast and planning, manufacturing, marketing and sales, inventory management, etc. This paper gives you a whole idea of what ERP system is, with states its benefits and importance, and also, using Colgate as an example, to analyst its SAP system. Importance analysis In 1990, basing on the rapid development of information technology and supply chain management, Gartner Group firstly announced the concept of ERP. It is not a brand new concept actually, it is an extension of MRP (Material requirement planning) and MRP|| (Manufacturing resource planning), but it is different from traditional system because ERP systems run on a variety of computer hardware and network configurations, typically using a database as an information repository, provide an integrated real-time view of core business processes, using common databases maintained by a database management system. ERP systems are designed to enhance organization’s competitiveness by upgrading an organization’s ability to generate timely and accurate information throughout the enterprise and its supply chain. A successful ERP system implementation can shorten production cycles,increa... ... middle of paper ... ...e are still some disadvantages we have to concern: A major disadvantage of ERP is its overall startup cost, which is usually cost from $15,000 for small size company, and up to billion dollars for globe group. Further more, it is hard to customize. Because it will need huge support from database, and every organization has different situation and different rules, it will need huge technical support. At last, it has weakness to external security threats. Due to the network safety issue, it will need a strong shield to protect confidential data and information, if not well protected, hacker may attack the system, which will be a disaster to the organization. With technology develops, I believe more and more weakness will be reduced. Being able to weigh both advantages and disadvantages will allow a company to decide if this solution will properly meet their needs.
This paper addresses the issues being faced by the ERP Systems, how the problem was approached and led the search for answers to the achievement of the objectives. The subsequent are the queries that have been addressed in this research.
In order to retain its leadership position and continuing growing in the ceramics machinery industry, Keda refocused itself using a five year computerization plan, including the implementation of an Enterprise Resource Planning (ERP) system. Embarking on an ERP initiative was the correct issue for the organization to focus on considering the positive outcomes resulting from implementing SAP’s system.
The company must make sure the benefits will outweigh the costs and a serious commitment must be made to successfully implement the system. Per a study by the Meta Group, among 63 companies surveyed implementing an ERP system, the average cost was $15 million with a high of $300 million and a low of $400,000. The study also showed that it took 8 months after the system was incorporated (31 months in total) to see any benefits (Stevenson, pg.
ERP is a huge resource managing tool used by companies today. Some systems preform general ledger, accounting and order management for the company. ERP systems are a great asset and greatly improve a company, so a company should defiantly look into implementing ERP systems! However, Gartner estimates that 75% of all ERP projects fail. Why is there so much of a high failure rate? This paper will take an in depth look at reasons to why ERP systems fail.
Enterprise resource planning (ERP) is a centralized integrated computer system which contains various software specific programs such as, financing, distribution, human resources, and sales. During the 1990s, many organizations implemented ERPs to combine divergent and multifaceted internal and external operations (Grabski, Leech, & Schmidt, 2011). Research suggests that ERP systems and the implementation process has many positive aspects and respectively as many negative aspects. The purpose of this paper is to analyze the concept and interactions within ERP, evaluate the value of ERP in a healthcare setting, assess the impact of five major risks that Chief Information Officers (CIOs) should be aware of and be concerned of when implementing
An ERP Story : Background (A) and An ERP Story : Choosing a Project Leader (B)
In today’s context even the government agencies are evaluated with respect to their productivity and competitiveness, as with the business organizations. This is because, the economy and the social well-being of a country or society depends on the efficient functioning of the government services. Implementing an ERP system in the government agencies enable them to reconstruct and improve the internal processes related to providing government services to the citizens.
The promises from the vendors before the ERP implementation and the implementation result does not always correspond. Moreover, those firms believed that implementation of an ERP-solution would directly generate competitive advantages in terms of new orders and increased profit. Instead, those firms have gone through a protracted and very expensive ERP implementation.
The ERP systems put a pressure on the whole organization. Although the modular system, they are complex enough for making major changes, so the basic functions should be adapted in a way that ERP systems require. Whole culture has to be changed because now the mid-managers tasks’ are performed by the software. This also changes the organization which used to more centralized and vertical. Every sub-department can reach the information, hence, decide more autonomously. However, on the basis of information, the ERP systems may create a more command and control style organization. Because after the implementation of ERP systems, there is a clear and stricter way to carry out the function, the way ERP software requires. In the light of those changes, the strategy should be reviewed and changed.
Weaknesses- This does not allow the company to be as creative and innovative as it possibly could because of it
ERP (enterprise resource planning) is an interactive system which compiles various data in order to help optimize the resources. In terms of implementing between production and sale, SAP also helps all of the department collaborate each other in favor of controlling and tracking of resources . There are two types of data usages: decentralized and centralized. They normally structuralize data at central location shared with various departments. From old system using the decentralized system, those effects have pointed out the drawbacks which are disparate information generated individually over time, integrating the information becomes more time and money consuming. The updating data are made inconsistently or made mistakes in data entries. As a consequence, all above reason can lead to lack of timely information causing the reluctance for customer services as well as the total revenue and reputation. Following this position, according to Fawzy S and Mohamed AY 1998, Dr Henning emphasizes about SAP benefit which all of the sections can access to the all resources’ data rather than relying on separating systems for each department or functional area which possibly may not interface with each other. Therefore, all data will be recorded correctly and effectively and particularly in sale, finance, material management and human management functions. Apparently, There is top 5 software to strive the efficiency of management ‘s system beside of SAP such as Epicor, Infor, Microsoft Dynamics and Oracle which has tied up around more than 50% of market share and SAP also has the highest proportion in market at roughly 24% ( Panorama, 2012 )
Implementation of ERP systems can provide many advantages including eliminating expensive , flexible legacy systems provide better access to data to make operations and create oppurtinity desicion to upgrade technology infrastructure . Some of the disadvantages associated with ERP systems is that it is time consuming, difficult , and expensive to implement.
“An Enterprise resource planning (ERP) systems are software systems for business management, supporting areas such as planning, manufacturing, sales, marketing, distribution, accounting, finance, human resource management, project management, inventory management, service and maintenance, transportation, and e-business”.( Haag, Cummings, Phillips, S, M, A (2007). Mangement Information Systems. New Yory, NY: The McGraw-Hill Company Inc..)
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.
Analysis of ERP implementation reveals the fact that not only installing the ERP softwares wil start giving benefits to the companies.But there is a need to consider certain facts such as sustained management support,user involvement,trust between implementation partners,ERP implementation strategy and proper planning etc. Lastly,it is strongly recommended that the management and the users should work together to get the maximum benefits.