Though many organizations spend lot of time and money researching, analyzing and justifying an enterprise resource planning (ERP) purchase, they hardly spend any time to scrutinize whether the application performs satisfactorily and gives the required output. If organizations don’t establish specific performance metrics, it will be very hard to gauge how well that product is working to meet...
Recently, due to the economic slowdown, there was little concern whether investment in the ERP by companies may decrease and the number of implementation will drastically come down. But it has been proved that these are speculations without any ground and during the last year growth of ERP implementations have gone up tremendously and companies have realized that their decision to go with ERP has...
ENTERPRISE Resource Planning (ERP) system is an effective tool that will help your organization grow and be highly competitive in today’s business world. ERP system supports powerful analytic and new intelligence. Administrative performance scorecards and management by objective methods can help the decision makers to keep the organization synchronized with strategic goals, employee...
CUSTOMIZATION is very much necessary in () ERP implementation but not in the way the user wants. User must customize their policies only as per ERP practices. ERP implementation is the opportunity to get aligned with world-class practices, and one should to change those practices to suit current practices. Customization of ERP creates multiple problems like huge costs of customization, threat of...
WITH product quality under () the microscope in all industries today, every company strives for superior quality in its products and services. All manufacturing modules track quality control activities across the enterprise – from intermediate producers to finished goods. ERP systems allow a wide variety of characteristics and parameters to be specified in test and inspection operations and...
PROCESSES, organization, structure and information () technology is the key components of BPR which automates business process across the enterprise and provides an organization with a well-designed and well-managed information system. Organization has two options to choose from when it comes about BRP. First option is reengineer business processes before implementing ERP and the second is...
A large number of players are currently () in the market today in the ERP segment. Though some of these ERP solutions are tailor-made for certain industry segments only, most solutions are designed to cover a range of industry segments. The extent of customization/configuration and modification of these packages mostly depend on the particular ERP solution shortlisted for implementation and its...
BUSINESS Intelligence, popularly known as BI, improves the overall performance of the company using it.
MANAGEMENT too often plunges into ERP being less than fully informed or worse with very limited or no knowledge of what to expect.
ORGANIZATIONS planning to implement ERP system must realize that developing an ERP package is a very complex and time-consuming process that requires a lot of skilled manpower and other resources.