Executive Summary : Regional Express Airlines

• Provide background on the global industry • Present a regional analysis • Discuss current and future evolvement of the industry (trends) • Discuss challenges and strategies impacting the industry • Discuss the new breed of airlines • Discuss why airlines fail and how to achieve success

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.

To be successful in today's competitive and continuous evolving information technology (IT) market companies must be able to utilise their skills, information and knowledge to the highest efficiency level possible. Utilisation of and control over these factors will aid companies in acquiring and maintaining competitive advantages over others operating in the same competitive IT market. The implementation of an Enterprise Resource Planning (ERP) system would be perfect to suit a

Enterprise resource planning enables firms to replace different departmental information systems and database silos with systems that collectively work as a single cross functional database. ERP systems are available for every key business function such as order processing, production control, HR, warehouse, marketing, finance and much more. By having a common technology and database platform throughout the firm, systems and processes from various departments can be integrated that achieve superiority in terms of enhanced cost, operational and productivity benefits. Implementing an ERP system requires careful planning to achieve the targeted benefits and minimize the risk of project failure.

The management who approve the ERP implementation must be aware of the potential risk of error and take proper steps, such as monitoring each department and taking immediate steps to rectify the problems should they occur. This can be done by having a response team whose only task is to monitor and look out for mistakes within each department (Hoch, Dulebohn 2013). A formal plan of action which provides detailed steps explaining what should be done if there is an error has to be created. A proper means to communicate to all the parties who are victims of the errors as soon as the errors are detected is also extremely important. The management has to be aware of the changes they have to make after implementing an ERP system. This is crucial due to the fact that without the management’s guidance, the employees would not know what to do and the system will fail.

The first ERP systems were also designed and functioned as a scheduling and organization tool for manufacturing processes. As ERP evolved into a business solution that began to include other solutions other than specific tools used for manufacturing processes and from this the introduction of solutions that included suppliers and also customers. This evolution grew to include “all of the various processes that are essential to running a business, including inventory and order management, accounting, human

The success of any business lies in effective communication and proper data exchange within internal departments. Delayed in latest information is a remarkable obstacle in failure of any business. To overcome this problem, a proficient solution "ERP" came into existence. The vast tool, capable of integrating internal business processes of any organization, is so called termed as Enterprise Resource Planning. ERP is an approach of amalgamating the various departments of an enterprise such as Sales, HR, Finance, Marketing, Production, Warehouse, etc. The single source where internal departments can share and access information quickly is ERP. In actual, ERP is a wide centralized database where all the inter-departmental data is stored. It is capable of performing multiple operations in a single time and can be used by various enterprise units at the same time.

ERP systems are more demanding and complex when compared to the other systems. Therefore management should allocate enough budgets for the project to hire the consultants and to train the employees.

IT capability is now known as the combination of hardware, software, services, management practices, technologies and management skills (W. Kettinger, V. Gover, S. Guha, 1994). Prior to the utilization of this system, the company needs to evaluate whether they have proper basic IT infrastructures and IT management to install and run the system in a long term. After implementation, the company needs to adjust IT management and other resources to match ERP system in time so that to make sure the implementation would not fail. IT capacity

ERP (Enterprise Resource Planning) is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with a corporate house’s core business processes to streamline and accomplish specific business

Industries globally, whether public or private sector are shifting way out from developing Information Systems in-house and are implementing ERP systems and many readymade software packages. ERP packages are known for business operating system that enable better resource planning and deliver value-added products and services to customers. ERP automate core corporate activities such as manufacturing and the management of financial and human resources and the supply chain.

Analysis the business model of the low cost airline, discuss their competitive strategies, and their future prospect in the Europe airline industry?

ERP application is the most common means for corporations of all measurements to face their particular day-to-day businesses. When ERP application should go appropriate, it can save a business hundreds of thousands on account of greater output, greater supply in addition to increased purchaser following. ERP application automates the task regarding syncing multiple features, such as gross sales, producing, customer relationship management in addition to sales, to produce a a single item option for many of your company 's desires. Almost all ERP application roll-outs are actually comparatively even, and also the organizations engaged have reported the pretty much quick beneficial effect on their particular enterprise. In fact, with

In present era, Information systems existence is unavoidable in all working environment. Information system is globally recognized & widely accepted as a basic necessity for running successful business. Kim et.al (2007), Information Technology plays an important business tool in modern era to attain competitive advantage for the organization as well as improving employee’s efficiency and productivity. Enterprise Resource Planning system shortly known as ERP system is one of the primary information systems used in various industries to run their business operations. ERP attained various industry attentions due to its cross functional integration, business process reengineering, real time reporting and many other useful functionalities and capabilities. Initially, ERP system was predominantly implemented in large enterprises due to its high implementation cost and implementation time consuming. For the past few decades, SME’s businesses environment are rapidly changing in order to stay more competitive in fast paced competitive market. Organizations want to upgrade their business communications, business and employee capabilities and business process automation to latest technologies. During the last few decades, large number of small & medium size enterprises started implementing ERP systems to stay competitive in global market. Amoako (2007) and Kemp et al (2008) explains the usage of ERP system in different business divisions. From

ERP (Enterprise Resource Planning) is one the latest technologies being adopted by major companies all around the world. ERP aims to integrate the business operations and simplifying them in the process. It also aims to keep the data updated for all departments of the organisation. The scope of SAP ERP is unlimited and the software is in great demand in the market today.