Navy's Enterprise Resource Planning System

ERP projects are most definitely expensive and risky, nevertheless despite these potential costs KEDA decided to embark on its ERP implementation project in hopes of obtaining a high return on investment. One of the factors that led to this decision was the fierce competition of global and local competitors. In an effort to retain its position within the industry and combat the threat of other businesses, KEDA needed to evolve. Specifically, through choosing a new ERP system, KETA hoped that this strategy would improve operations and become a productive advancement to the structure of the company. Since the Chinese government stopped their support and the MRP-II couldn’t manage the multiple system operations, they had to seek out a new alternative.

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.

Making decision of what to select between “best of breed” and Enterprise Resource Planning (ERP) systems are never easy. There are many controversy or chaos issues surrounds this thought and debate. Which one is better? What factors need to be considered? This paper will address the difference between “best of breed” and ERP System that needs to be considered, such as the definition, advantages and disadvantages each of them.

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

In case study III-4, titled “ERP Purchase Decision at Benton Manufacturing Company, Inc.,” describes in detail what a major manufacturing company experiences while considering a substantial investment with the implementation of an ERP (enterprise resource planning) system. Among the company’s management personal opinions vary, some doubt the need of such a system while others support and justify the expense. The question at hand; whether or not to implement a costly system with a lengthy transitioning phase? In his attempt to answer this question, Walter McHenry, CEO and President of Benton Manufacturing has formed a two man team to investigate and further

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 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).

One of the biggest problem areas that most companies don’t anticipate is the excessive cost of the training needed with an ERP system. With most software systems, the user will just need to know how to use the software however, with an ERP system the user will need to learn a different way of doing their job as ERP systems are rigid and they require things to be done in an exact order. (Compare, 2015.) Customization of the ERP system is another cost that most companies don’t plan for. The modules that go into an ERP system the more money the company must pay over the basic software that they originally planned to

Enterprise Resource Planning is one of the biggest breakthroughs in the field of information technology and business. Integration of business processes through usage of centralized connected information systems gave the impression of solving the most crucial of all the business problems. They were deemed to assist the management in taking crucial decisions related to the sustainable future of the organization. At the same time, it was also expected that this system would result in elimination of human errors of omission and commission completely from the business environment. However, the corporate world saw a completely different picture of the things in the past few years. There were a number

Some businesses are apprehensive about the time and costs involved in implementing an ERP system. That’s understandable, as traditional ERP software can be inflexible and take a significant amount of resources to implement.

ERP (Enterprise Resource Planning) support communication at all levels of the organization, whereas businesses steadily look for innovative ways to communication cost-effectively throughout its organization. Likewise, businesses such as the medical field are turning to ERP to increase operational efficiency by combining organizational systems into one single program. The software solution of ERP incorporate data that link departments with a multiplicity of modules in which businesses can select the one that is pertinent to their necessities and as they expand into multiple areas of the business which can be combined into one

Abstract-ERP stands for Enterprise Resource Planning. ERP is a business concept for automation and planning. In today’s fast changing scenario ERP becomes one of the most demanding and successful concept in business world. Today the concept of ERP is being used by almost every segment of the business and industry worldwide. It is most sought after concept in management now. Basically it is a solution to all management processes and problems. It includes solutions for all the domains that can think of. It can be customized or better to say tailor made according to need and requirement. Like every other business and management solutions it has a history and life cycle. It is being successfully used by some major vendors worldwide and some local vendors too. It is well implemented by the organizations like SAP and Oracle. These IT giants capture a large share of market. But still the major portion is left and which is pointed out by small local ERP solution providers with their own version of ERP. Now capturing the unclaimed market is the new war. Even organizations like Microsoft and SAP are also offering their new version of ERP software for SME’s (Small Medium Enterprise).

THE INTEGRATED MANAGEMENT SOFTWARE The processing of information in the enterprise is changing. Today, all companies, both national and international SMEs and SMIs are facing the changing needs of the market such as acquisitions, mergers, collaborative solutions, single currency European, European expansion to 25 countries ... .. These issues are such that they require a complete re-issue existing systems. During this migration, many companies choose to leave their application solutions "tailored" to turn to the world of ERP "ready to implement". A brief history: An eternal ...... Definitions And now the ERP ......... Advantages and disadvantages: Benefits of implementing an ERP ....... Implementation: Select and implement an ERP ...... .. Alternatives: Alternative solutions, EAI ....... Major ERP vendors: The major ERP vendors ...... Testimonies and statistics: Some experiences ... .. Conclusion: ERP challenges of a new information revolution ... .. Links and Bibliography

The business world is characterized by heavy technology. Firms are relying on technology to handle numerous processes. It is for this reason that organizations are hunting for integrated systems that can combine all subsystems into a big one capable of sharing common database. Thus, enterprise resource planning (ERP) plays a great role here. The ERP system incorporates several information structures into one system. IT firms can have three main information systems namely manufacturing, human resource and finance. This software integrates data from these subsystems into a single one as well as enhancing data sharing. Any company intending to adopt the systems should consider whether or not it is increasing efficiency (McGaughey &

This paper will discuss will discuss how to be successful and avoid failure when implementing an ERP system. I will define ERP, present the significant benefits of implementation, and identify the missteps (which may lead to failure)/steps to success in implementing an ERP system.