ERP points Essay

Submitted By mosalirc
Words: 1302
Pages: 6
Open Document
1. To create tight supply chains that provide the right products and services at exactly and in time, to know what customers want and when they need the products, ERP implemented.

2. An ERP is a collection of integrated software for business management, accounting, finance, human resources management, project management, inventory management, services and maintenance, transportation, e-business and SRM, CRM and e-collaboration.

3. The central notation behind an ERP system is that it includes all technology systems and software in organization.

4. ERP systems are big business; the U.S. federal government spent about $7.7 billion on ERP products and services in 2009.

5. More than 60 percent of the organizations have installed in the process of implementing ERP systems to support business activities.

6. ERP vendors has specialty like SAP in logistics, oracle/people soft in financials, Infor in manufacturing and Microsoft (Great Plains) in retail management.

7. Microsoft dynamics ERP software gives small, mid-sized or enterprise the tools to manage the entire organization, from supply chain, procurement, human resource, financials and collaborative projects.

8. The six categories of ERP systems are implementation, optimization of ERP, management through ERP, the ERP software, ERP supply chain management and case studies.

9. Evolution of ERP systems closely followed the spectacular developments in the field of computer hardware and software systems. During 1960s, most organizations designed, developed and implemented centralized computing systems, mostly automating their inventory control systems using inventory control packages (IC). These were legacy systems based on programming languages such as COBOL, ALGOL and FORTRAN.

10. About MRP and MRPII

11. During the 1990s ERP vendors added more modules and functions as “add-ons” to the core modules giving birth to the extended ERPs. These extensions include advanced planning and scheduling, e-business solutions such as CRM and SCM.

12. An ERP system expected to improve both backbone and front end functions. Organizations choose and deploy systems for many tangible and strategic reasons. The ROI is weighted against the many intangible and strategic benefits

13. The estimated spending on ERP systems in 1998 was about US $17 billion following annual growth rates ranging from 30% to 50%. The worldwide license and maintenance revenue for ERP systems was US $21.5 billion in 2000, which is represented a growth of 13.1% from the 1999 market value of US $19 billion (Broatch, 2001).

Advantages :
Reliable information access: common DBMS, consistent and accurate data, improved reports.
Avoid data and operations redundancy: modules access same data from the central database, avoids multiple data input and update operations.
Delivery and cycle time reductions, cost reductions, easy adaptability, improved scalability, maintenance, global outreach, e-commerce, e-business.

Disadvantages:

Time consuming: we can overcome by minimize sensitive issues, internal politics and rise consensus.

Expensive: cost may vary in millions. Business process reengineering cost may be extremely high.

Conformity of the modules: to overcome this issue the architecture and components of the selected system should conform and strategic goals of the organization.

Vendor dependence: single vs multiple vendors consideration, options for best of breeds, long term committed support.

Features and complexity: ERP has may features and modules so the user needs to consider carefully and implement the needful only.

Scalability and global outreach: look for vendor investment in R&D. long-term commitment to product and services, consider internet-enabled systems.

Extended ERP capability: consider middle-ware “add-on” facilities and extended modules such as ERM and SCM.

The wheels of a cloud based ERP systems have stated turning and it is expected that by the year 2015 global expenditure on cloud based ERP
Show More

Related Documents: ERP points Essay

What Is ERP Essay

What Is ERP and Why Do I Need It? Enterprise Resource Planning (ERP) is an enterprise-wide information system that facilitates the flow of information and coordinates all resources and activities within the organization. February, 2011 An Executive Whitepaper Presented by Fourth Generation Software, makers of What Is ERP and Why Do I Need It? PAGE 2 Highlights: • ERP is an enterprise-wide information system that facilitates the flow of information and coordinates all resources and activities…

Words 1588 - Pages 7

Nt1310 Unit 6 Personal And Professional Development

A dedicated development instance is used for testing. Another instance is set up for cutover to be the production instance that will run the firm’s operations. Companies can use conference room pilot (CRP) sessions where conference rooms are designated as temporary locations to support development and testing, and employees can execute transactions with the proposed system configurations. As transactions are executed, expected results can be compared to actual results. Differences between the two…

Words 1220 - Pages 5

Enterprise Resource Planing Essay

productivity. Hence, it is very necessary that the changes be implemented very meticulously. In order to fully understand ERP, it must first be defined. Motiwalla and Thompson (2012) define ERP as “basically integrated information systems that support such enterprise functions as accounting, financial, marketing, and production requirements of organizations.” (p. 6). Other definitions of ERP are – “A set of software applications that organize, define, and standardize the business processes necessary to effectively…

Words 2184 - Pages 9

Erp and Manufacturing Essay example

The current issue and full text archive of this journal is available at www.emeraldinsight.com/0263-5577.htm IMDS 111,1 Implementation of ERP of the Australian manufacturing companies Maruf Hasan and Nga T. Trinh School of Mechanical and Manufacturing Engineering, University of New South Wales, Sydney, Australia 132 Received 24 May 2010 Revised 14 July 2010 Accepted 24 July 2010 Felix T.S. Chan Department of Industrial and Systems Engineering, Hong Kong Polytechnic University, Hong…

Words 5993 - Pages 24

Case Study 2 Essay

resource planning (ERP). Therefore, Cisco’s decision of employing ERP to implement the business process reengineering is on the right track. ERP is business process management software that help companies to manage business data and information. However, integrating ERP to Cisco posed a great challenge because an ERP that can fit all business processes does not exist. In order for an ERP to integrate properly to Cisco, either the business process must be modified to fit the ERP or the ERP must be modified…

Words 1834 - Pages 8

Essay about IME6140 2013 Hershey Final

Oh” Hershey Foods Corporation ERP Implementation Failure Bobby Robinette | Carlos Herrera| Hector Tapia | Steve Zeigler Enterprise 21 The Team… Bobby “Jolly Rancher” Robinette Carlos “Cookies ‘n’ Cream” Herrera The Team… continued Hector “Ice Breaker” Tapia Steve “White Chocolate” Zeigler Agenda • • • • • • • Hershey Food Corporation What the “ERP”? Risk Schedule Cost Integration Conclusion Agenda • • • • • • • Hershey Food Corporation What the “ERP”? Risk Schedule Cost Integration…

Words 1106 - Pages 5

A Brief Note On Enterprise Resource Planning

Enterprise Resource Planning as ERP is a system with all the business related functions and designed to serve the needs of each different department within an enterprise. A well-implemented and appropriate ERP system can create significant efficiencies across the business, resulting in timely business information, better customer relationships, a more cost effective supply chain, improved internal process and increased profitability. To Analyze ERP system in an enterprise, the architecture of enterprise…

Words 1411 - Pages 6

Essay on Electronic Road Pricing

Electronic Road Pricing. Electronic Road Pricing system known as ERP was introduced in Singapore in September 1998 in order to tackle problems of over-congested roads. The scheme consists of ERP gantries located at all roads linking into Singapore's central business district. They are also located along the expressways and arterial roads with heavy traffic to discourage usage during peak hours. The gantry system is actually a system of sensors on 2 gantries, one in front of the other. Cameras are…

Words 602 - Pages 3

Essay on Cisco Systems Inc.: Implementing Erp

Table of Contents Introduction 2 ERP Implementation Process 3 Implementation Obstacles 8 Implementation Success Level Analysis 9 Suggestions for Improvement 10 Conclusion 10 References 12 Appendix 14 Introduction 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…

Words 4327 - Pages 18

Importance Of ERP

it should acknowledge that like any system, ERP has its own limitations and thus manage relevant expectations properly. Executives should circulate the importance of the project regularly and personally participate in the project ongoing activities compared to delegating it to subordinates and worse to technical staff (Holland and Light, 1999). They must be ready to allocate required resource and be willing to clarify any political conflicts. Since the ERP implementation imposes a serious change of…

Words 1294 - Pages 6