Implementing An Enterprise Resource Planning System

The average company spends nearly half of every dollar it earns on production needs—goods and services it needs from external suppliers to keep producing. A supply chain consists of all parties involved, directly or indirectly, in the procurement of a product or raw material. Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability.

Rainforest started 10 years ago in a small warehouse staffing five employees, creating specialty widgets for its clients. Dedication to delivering the best possible experience for its customers has allowed Rainforest to grow substantially with retail outlets in 22 different states within the U.S. The recent acquisition of XYZ widgets, an online widget retailer, has poised Rainforest to expand into a global market. The acquisition and consolidation of two software of two software systems, including the expansion into a global market will present a challenge to the leadership of Rainforest, but these challenges can be handled in an effective and efficient manner using an ERP (Enterprise Resource Planning) system.

Organizational change is one of the most difficult strategies to implement. Organizational change is a broad change in regard to the organization as a whole, as opposed to smaller changes within an organization, such as adding a new person or adapting a new program. An example of organizational change might include a change in operation, restructuring operations, teams, layoffs, new technologies, collaborations, rightsizing, or even new programs. Some specialists submit to organizational alterations. Frequently this phase authorizes an essential and thorough reorientation in the way an organization operates. According to the textbook, “introducing a new enterprise resource planning system in order to coordinate and standardize

Enterprise Resources Planning (ERP) is the core system of any company. In order to facilitate all departments in a manner to improve issues, there are a few things that must be meet to successfully utilize a software system such as ERP. This allows any member within the company to access a single and centralized data source with information regarding products, services, customers and suppliers (Sadrzadehrafiei, Chofreh, Hosseini, & Sulaiman, 2013). The ability to share and access one software benefits the company to improve in areas such as sales and marketing, customer satisfaction, human resources, operations, and more. In addition, business intelligence tools such as ERP systems provide the techniques and solutions managers need to analyze and understand complex business situations, and simplify decision making processes that is of crucial importance during times of financial and economic crisis (Antoniadis, Tsiakiris, & Tsopogloy, S. 2015). This paper explores the definition and functions of an ERP system and the successes and costs of implementation.

Enterprise Resource Planning, which is also known as “ERP” is a kind of system that truly allows a business full organization of data and task management. The idea to flawlessly implement such a system to replace an older or outdated one is not an easy task. Therefore there are many processes and timelines put in place so that these changes can be done with les problems. Organizations that have the ERP system in place allow each department manager to have access to valuable information within the company. Organizational systems have a primary objective to integrate all information throughout the company and apply changes in the business processes so that the organizational structure can better evolve with time and with management. It improves the organization’s productivity and helps with managerial decision-making, all due to ease of access of information from the ERP system. The operational side improves dramatically also, with the diverse information across all projects and all departments. There is a constant flow of tasks that need to be completed by certain deadlines, and ERP systems allow for that access of operational tasks. The real objective for ERP just like any other system is to convert data into useful information for all owners and shareholders. The system is versatile and is great for a wide range of companies, from manufacturing companies, to repair shops, and even e-businesses.

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

ENTERPRISE RESOURCE PLANNING (ERP) is a management software especially designed for organizations and companies to collect, store, manage and interpret data from different business departments such as product planning, cost, manufacturing, service, delivery, marketing, sales, inventory management, shipping and payment and the list goes on, it also provides integrated and upgraded versions of its core business processes. It mostly tracks down raw material, cash flows, production and manufacturing capacity. ERP facilitates information flow between all business departments and manages connection to outside stakeholders. ERP in a broader term includes many advantages as well as risks it also consists of a lot of processes which

ERP is an abbreviation of the word Enterprise Resource Planning; this is a software designed to offer assistance in business management. It a collection of integrated applications used by a company to collect, manage, store, and interpret business data sourced from different business activities carried out by our company. These business activities include data collected from service delivery or product planning. This software is designed to allow flexibility that helps in quick decision making and business management. ERP systems are integrated software packages, meaning they are built to cover all functions in a business setup (Gefen & Ragowsky, 2005).

Implementation of an enterprise resource planning (ERP) system is a complex undertaking that requires meticulous planning and forward vision to see risks and making amends to mitigate these risks. The Hershey Chocolate Company (Hershey) had previously used a legacy system to manage its logistics and daily operations. However, due to the system’s anticipated date related software issues with the coming Y2K, the company felt that it was time for a new enterprise resource system. This paper will examine the Hershey Chocolate Company, its journey to the new ERP implementation, determine the root causes for its implementation failure, and provide lessons learned based on their experience.

Enterprise resource planning (ERP) systems attempt to combine data and processes in organizations. The data is centralized as a single database. This database functions as a hub that stores, shares, and circulates data from within the different organizational units and business functions. ERP systems are one of the most adopted information technology (IT) solutions in organizations. Besides the possible cost savings, one of the main drivers for an ERP adoption would be the technical and operation integration of business functions to complement the information stream with the material flow of goods or services. In order for the management and employees to utilize the use of the competitive capabilities of ERP systems, they

The review of literature focused on the definition of Enterprise Resource Planning, its benefits, its evolution and the critical success factors that must be put into consideration if implementation of ERP is to be successful. Enterprise resource planning (ERP) has been defined as a software suite that integrates back-office operations such as manufacturing, finance, accounting, sales, distribution and human resources in an enterprise and links these operations to the front-office and supply chains (Woo, 2007; Usman & Ahmad, 2012). ERP is described as a packaged software solution that seeks to integrate the complete range of business processes and functions in order

ERP (Enterprise resource planning) is a software that allows companies to automate and integrate many of their business processes, share a common database and business practices throughout the enterprise, and produce information in real time. The objective of ERP system is that it supports the streaming and distribution of geographically scattered enterprise information across all the functional units of a business house. It provides the business management executives with a comprehensive overview of the complete business process, which in turn influences their decisions in a productive way. Many big companies have adopted ERP into

Supply Chain Management (SCM) is the integration of information, technologies and management of key business functions which is linked directly or indirectly and provides services to the same customer. It promotes the flow of products downstream from raw materials to the end consumer and the flow of information upstream from consumer to supplier [1].

Customer Relationship Management (CRM) is an important part of any companies ' sales mix. As part of a sales mix, companies must have a strong sales team; a well planned and executed marketing strategy, and a method to record pertinent information to manage customer relations. A CRM system is an important part in any company. They have a variety of uses from holding basic information such as names and address, to holding other information including relationship history, contract information, and recording customer satisfaction levels.

Customer relationship management (CRM) is a term that alludes to practices, systems and innovations that organizations use to oversee and break down customer cooperation and information all through the client lifecycle, with the objective of enhancing business associations with clients, aiding customer maintenance and driving deals development. CRM frameworks are intended to arrange data on customers crosswise over various stations - or purposes of contact