Erp (Enterprise Resource Planning)

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

Adoption of an ERP system enables an organization to eliminate dozens or even hundreds of separate systems and replace them with a single, integrated set of applications for the entire enterprise.

An ERP system integrates an organization’s data and services in a single system. ERP systems combine computer hardware and software during the process of integration. One thing most ERP systems have in common is the use of a single database that is used to store information for different system components. To obtain an ERP status, a given software package must successfully function as at least two systems. For example, a software package can hypothetically be considered an ERP system if it can execute human resources and financial functions.

ERP (Enterprise Resource Planning) implementation is regarded as complex, cumbersome and costly, and, very often, it exceeds the initial estimated resources. The process involves a thorough examination of the business processes in the organisation; selection of the best available software solution that matches the requirements of the enterprise; configuration of the selected systems;, training of staff; and customisation of the selected software solutions including

Enterprise Resource Planning (ERP) system is a software package or one integrated system that is designed to institutionalize the collection and sharing of organizational data resources (Klaus et al., 2000; Mabert et al., 2003; Wang et al., 2008). Since this kind of systems allows inputting and outputting information and the information could be shared across the whole organization in time, companies all over the world are now utilizing the ERP systems to improve operational efficiency (Davenport, 1998; Klaus et al., 2000).

Enterprise Resource System (ERP) software has become an important component for today’s businesses in order to compete in the market. The key element of the ERP is to integrate and to share the information across the company firmly. Moreover it helps in reducing the cost of production and to let the top-level managers and decisions makers to make decisions easily.

Successful implementation of an Enterprise Resource Planning (ERP) is not impossible in real life but for that it must be developed through a proper planning and implementation. ERP are designed to upgrading an organization’s ability to generate more timely and accurate information for its supply chain. Most of the companies have faced heavy problems while trying to implement ERP systems and have led to serious problems.

Enterprise Resource Planning (ERP) system, as a software package or one integrated system, is designed to standardize the collection of organizational data resources and to permit these resources can be shared throughout the company, which finally support the management of companies (Klaus et al., 2000; Mabert et al., 2003; Wang et al., 2008; Ifinedo, P., 2011). Since this kind of systems allows inputting and outputting information and the information could be shared across the whole organization in time, companies all over the world are now utilizing the ERP systems to improve operational efficiency (Davenport, 1998; Klaus et al., 2000).

On the daily basis, modern businesses or organizations are faced with strong internal and external pressure. In an attempt to tackle these inevitable situations, the organizations struggle to balance demands regarding quality, stability and changes. This implies that the organizations continue to put in many efforts into developing and keeping or changing their practices and rules in order to achieve their strategic goals. To ensure efficiency and effectiveness in these ever changing efforts, the organizations attempt to integrate all departments and functions across an organization into a single computer system to serve specific needs of those different departments. The enterprise resource planning (ERP) system is a typical single software program that serves the needs of people in different units, such as in human resource department, finance, warehouse, administration, supply chain, customer relationship management, and marketing. While ERP combines all the departments into a single and integrated software program that runs off a single database, each department has its own computer system optimized for the specific ways each department performs its job.

ERP has the ability to modernize distinctive organizational processes and flow of one task to another. Likewise it has the ability to readily interconnect information across various departments. To add on, ERP increases the satisfaction rate of customers thereby providing excellent customer service. Moreover, ERP enables the management to readily available to the real time information in order to make the appropriate decisions. ERP improves efficiency, performance and productivity levels of all the business operations too. The organizations can track and perform better future forecasting with the help of ERP.

ERP ensures the fundamental of business applications to be automated and reduce the cost and complexity of the business models which leads to a successful business (She & Thuraisingham, 2007). According to Berchet and Habchi (2005), Davenport (1998), among the important modules for ERP system are marketing, sales and distribution, enterprise solution, production planning, quality management, assets accounting, materials management, cost control, human resources, project management, financials , and plant maintenance. It potentially allows company to manage business better with great benefits of improved process flow and decision

This paper seeks to conduct a case study on the quantitative and qualitative benefits of ERP for Company X. This paper will go ahead and evaluate the cost of introducing and ERP system. The paper will then compare the productivity of Company X with and without an ERP system.

My research focuses on defining the importance of ERP systems for success of the companies. And lists various ERP tool failures and elaborates the Problems with ERP system contribute to $160 Million losses for Hewlett-Packard Co. [U.S.] 2004

ERP system implementation can be a difficult transition for a company but properly planned, adequately supported and

ERP management software is a management accounting as the core of the information system, identifying and planning the enterprise resources, thereby obtaining a customer order, complete the processing and delivery, finally get customer payment. FreeEIM ERP management software to integrate all resources within the enterprise together, to the procurement, production, costs, inventory, distribution, transportation, finance, human resource planning, so as to achieve the best resources combination, to achieve the best results. Enterprise in the ever-changing market opportunity and the challenge of the environment, such as price and service level must constantly change and improve enterprise management mode, enhance the competitiveness of enterprises. Just focus on the internal process improvement, product development and the improvement of manufacturing has not enough to meet the current market environment.