Erp

1.0 Introduction As technology advances at bullet speed and packet capabilities constantly grow, it has become more difficult and complicated to like a company under intense pressures of competitive market pricing. Hence to compete efficiently, organizations today must rely on real-time information in run to make spanking decisions correctly and promptly. This will in turn reap long-term competitive advantage, real-time and precise operation flows that are compound within the organization. In this light, many first steps have devoted themselves to implementing enterprise resource planning (ERP) constitutions. 1.1 Overview of ERP Enterprise resource planning (ERP) is the diligence term used to describe a broad effectuate of activities supported by multi-module application software that helpers a shaper or other business manage the important split of its business. The immediate bene live of its implementation include reduced operating(a) costs, such as cut back inventory control cost, lower production costs, lower marketing costs and lower help desk support costs. Over time, it improves the efficiency of management decisions and plans and increases the flexibility with adjustments of functionality to defend to changes in business needs.

Despite these benefits, the cost of implementing an ERP system is spicy and it takes as long as 4 years to introduce out its maximum benefits. The success rate of the implementation of an ERP course of study is highly dependent on several factors such as the accuracy of needs analysis of the company, perception of managers and styles of implementing the ERP system. Hence it is essential for vendors in today¡¦s society to understand the constraints and benefits of the ERP system to a firm prior to marketing them to ensure greater degree of acceptance by the organization and ensure fit with its practices. 1.2 Real-World Example: ABN AMRO Bank An example of a company that has reaped the benefits of a sure-fire ERP implementation is ABN AMRO bank. The... If you want to get a full essay, order it on our website: Orderessay

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