Enterprise Resource Planning in Bangladesh

Kumar, P. (2010). Successful implementation of ERP in a large organization International journal of engineering science and technology. Vol. 2(7), 3218-3224. Retrieved from http://www.ijest.info/docs/IJEST10-02-07-151.pdf

An extensive research was done to fetch the historical background of company, the functioning of its legacy systems, and the issues that are being faced by the company as a result of ERP implementation. However, there are only few studies that showed ERP case studies for the company relative to the ERP issues.The web searches provided a restricted account of data on company’s ERP profile. In order to find details of the issues that are being faced by the

Foremost among these is that the ERP implementation efforts of many of their larger counterparts have resulted in partial failure, and in some cases total abandonment. Moreover, small manufacturers tend to lack the financial resources to adopt the entire system and may be forced to adopt a piecemeal approach to integrating the typically expensive ERP systems into their services. It is also felt that the lower staff levels in smaller enterprises when compared to their larger counterparts are inadequate for the rigorous and extensive IT training and development requirements for implementing an ERP project. It is however important for these firms to ensure that they make adequate studies of ERP systems before deciding to do away with them altogether because it has been found that they can be of use to the success of the business, especially after successful

Today Enterprise Resource Planning (ERP) is extensively adopted by many organizations regardless of kind and size, mainly because it provides enterprise-wide view of information across all their business operations and help organizations achieve consistency across all their functional departments. The potential benefits of ERP system implementation include improved coordination across functional areas, increased efficiency, reduced operational costs, rapid access to information for decision making, managerial control and support for strategic planning.

Midsouth Chamber of Commerce (MSCC) faced many challenges that needed to be overcome before the business can effectively run. First, MSCC needs a reliable ERP system in place that will meet the needs of the business (Brown, DeHayes, Hoffer, Martin & Perkins, 2012). An ERP system can include multiple functional areas, and be catered to business needs. ERP would take all MSCC’s applications and software and convert them into one program that would be identical in every department. Further, an integrated ERP system can improve Supply Chain Management, data accessibility, and it can standardize business processes, to name a few. Furthermore, the system can provide a competitive advantage, and can be utilized to manage and process information from every department within the company. In addition, the system can store all the information into one database, allowing the business an eagle eye view of how their systems are operating (Aladwani,

The purpose of this paper is to research and discuss issues and challenges related to Enterprise Resources Planning implementation projects in Manufacturing and public sector. Examples from over organisations were also used as a lot of the main people issues are related to many organisation implementation of Enterprise Resources Planning systems. This paper focuses on the issues and challenges associated with people/users of an organisation. Before that an overview and definition of ERP is provided. The issues and challenges discussed are fear of change and resistance to change, engagement of users in the implementation phase, role changes, knowledge and no/limited training. Solutions and recommendations are provided to

This report is the analysis and commendation of Pete’s business and how and where ERP system can be implemented to reduce the business complications. The company with 113 outlets and multiple sales channels, supplies both homegrown and off-the-shelf system to its customers. With 1,500 grocery stores, corporate offices, a website, and delivery trucks, the company was able to increase its revenue by 23% over a year which is remarkable. However, the outdated system which used to handle core business functions such as financial, order management, inventory management, fulfillment procurement and manufacturing was unable to cope with the ever growing business demand, which in result was effecting both the sales and

Enterprise Systems (ES), also called Enterprise Resource Planning (ERP) systems, are among the most important business information technologies to emerge in the last decade. While no two industries Enterprise Systems are the same, the basic concept of Enterprise Systems is focused mainly on standardization, synchronization and improved efficiency. ERP is basically the successor to material resource planning (MRP) and integrated accounting systems such as payroll, general ledger, and billing. The benefits of Enterprise Systems are very significant: coordinating

Defined by Investopiedia.com,” Enterprise Resource Planning (ERP) is a process by which a company, usually a manufacturer, manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc. (Investopedia).Today, Enterprise Resource Planning (ERP) systems are extremely important, especially towards the Manufacturing Business. Looking back at the history of manufacturing solutions, the industry began with Manufacturing Resource Planning (MRP) systems that, similar to ERP systems, were used for enhancement and basic

By using ERP in an organization not only deals with the Business and IT related issues but also focuses on other aspects like customer services, inventories, production, web portals..etc. But as we are aligning IT with Business, our main objective is through machines which drives the business to new level.

In this regard, (Hunton et al 2002) state that the ERP implementation enhances value to organizations. In the same line, (Poston and Garbksi 2000) explored a number of organizations implementing the ERP systems where as a result they found a decrease in employees’ ratio and cost of goods transferred in revenues.

When we look at big name stores, you can assume that there are many systems compiling, interpreting and organizing several points of data at the same time. In an organization to communicate the information from one department to another department and then to manage the flow of information to the client, there are several helpful enterprise resource planning (ERP) systems implemented, which will help organization to help maintain their software systems.

Bangladesh’s software and IT service industry has gone through big changes in the last couple of decades. The industry has matured. The IT sector no longer remains at the sidelined industry. It has become a mainstream industry. The industry is currently contributing a significant amount in the national income. Also IT sector has been playing very essential role for creating high quality employment for large amounts of young graduates of Bangladesh. There is a high number of young entrepreneurs in the IT sector. It is one of the distinguishing feature of the IT industry. In last decade lots of new IT ventures have been started. The entrepreneurs were mainly tech savvy young graduates. Some of them returned from abroad after finishing

What is ERP? ERP stands for enterprise resource planning. The ERP is essentially an information system that can be used by all various functions of an organization in one system. Organization with ERP systems face the challenge of maintaining their current system or upgrade to a new ERP. The researchers have identified six factors that influence the decision to perform an upgrade to the ERP system. The first factor is the cost of the upgrade. It is a major factor since most organization’s on average will spend 80% of the initial cost of

IT – In most modern companies, effective communication is supported by an IT network that maintained by the IT team. The IT department is responsible for maintaining communication between employees, suppliers and customers. As well as the obvious duties of installation and maintenance of a secure computer network they are primarily there to aid computer users within the company, providing support and training for new software and troubleshooting issues. Also attached to the network will be printers, telephone systems, fax machines and possibly a building security system. They may also design and maintain the company website. They may also be tasked with creating programs or systems specific to the business such as stock control ordering inputting.