Enterprise Resource Planning

Enterprise resource Planning (ERP) is any integrated cross-functional software that reengineers manufacturing, distribution, finance, human resources and other basic business processes of a company to improve its efficiency, agility and profitability.1 On an initial view, an ERP system appears to be the cure for any company’s issues. The installation of such a system offers an organization the opportunity to re-structure their procedures, to coordinate branches’ systems in other geographic locations, unify information and inspire employees via granting them permission to company information. Now these chances exist at heightened costs financially. There are also implementation horrors and labor issues with which must be dealt with. A

In an ERP, there are different systems like, Supply Chain Management systems, Customer Relationship Management (CRM) and Knowledge Management Information Systems.

The future direction of Enterprise Resource Planning (ERP) is being increasing defined by the needs of business units and divisions, less by the hierarchical requirements of IT departments. This transition is occurring with increasing speed and velocity, shifting the balance of political power in organizations to the line-of-business users, away from IT, while also drastically changing the architecture and platforms of ERP systems (Markus, Petrie, Axline, 2000). The intent of this essay is to define how ERP will develop over the next five years, also defining what ERP's development will mean for business and organizational models of public-service contractor companies and the U.S. Government. The essay will continue with prescriptive guidance of whether public-service contractor companies need to take a leadership or followership role with respect to the future of ERP.

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.

First, the “Understanding ERP system life cycles from inception to operations and the effects on today’s organizations is fundamental to fulfilling the long-term investment in an ERP system”. (Motiwalla, 2011, p. 154). With this in mind, some of key goals in the army using an ERP system are the changes planned for optimization, integration and standardization of the processes within the organization. Therefore, it includes the fast changing operational environment, remove boundaries between One Army and One Enterprise, synchronize transformation between institutional and operational Army, optimize the army at the enterprise level, transform the army, affect combat operations by anticipating change and providing decisive and

The task to find out more information on the enterprise resource planning systems (ERP) an integrated systems package has been assigned to Beutler. The company has looked at the strengths and weaknesses of seven ERP packages they have been presented. Due to the high risk of using a Big Bang Approach, a high-risk project it was vital that the

Introduction...................................................................................................................... 2 2. Discussion and Analysis ................................................................................................... 4 2.1 Critical factors in ERP implementation ........................................................................... 4 2.2 Critical challenges with ERP implementation .................................................................. 6 2.3 Factors driving ERP implementation challenges .............................................................. 7 3. Statistics on ERP implementation...................................................................................... 8 4. Changes needed for successful ERP implementation.......................................................... 9 5.

Most of the information that was used to compose this paper was taken from prior ERP articles, online reference tools, and ERP books.

The entire case history revolves around enterprise resource planning (ERP). The Resort case talks about carefully structuring an IT system so that the IT program is well-matched to the company and corresponds to its offerings and needs. The case history provides us with an indication of 3 recommendations that can be employed in order to choose an ERP system that is most effective and helpful to one's needs.

In order to survive in this competitive business world, every business must produce or provide not only a better product or service, they must also provide better customer service, minimize their production costs and overhead costs, have a more efficient management system, a highly reliable infrastructure…the list is endless. Many of these can be achieved through a customized enterprise resource planning system (ERP). ERPs serve as “one comprehensive database to house all of [the company’s] corporate information” so that “when you enter new information in one place, the system automatically updates related information.” However, if these systems are not implemented correctly with the necessary change in management of people and technology

Products and services are delivered with much higher quality. ERP greatly aids management in finding ways to improve their business ' operations and the end product or service it delivers to the end customer. The ERP system will help find problem areas and help the firm exploit what it is good at. THe software is especially beneficial for manufacturing firms that deliver products to customers. The purchasing, warehouse, billing, sales, and customer service departments can see the status of inventories, raw materials, and customer orders all within one area of information. This eliminates potential difficulties that may arise due to inventory and material shortages, customer delivery inquiries, and accounting for shipments.

Enterprise resource planning enables firms to replace different departmental information systems and database silos with systems that collectively work as a single cross functional database. ERP systems are available for every key business function such as order processing, production control, HR, warehouse, marketing, finance and much more. By having a common technology and database platform throughout the firm, systems and processes from various departments can be integrated that achieve superiority in terms of enhanced cost, operational and productivity benefits. Implementing an ERP system requires careful planning to achieve the targeted benefits and minimize the risk of project failure.

ERP packages are heavily used by larger retail chains. Designed to facilitate the administration and optimization of internal business processes across an enterprise, ERP packages have become the competitive tool for most large retail organizations. ERP software uses a single database that allows the different departments to communicate with each other through information sharing. ERP systems comprise function-specific components that are designed to interact with the other modules such as the Order Entry, Accounts Payable, Accounts Receivable, Purchasing, Distribution etc.

ERP, which is an abbreviation for Enterprise Resource Planning, is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently, ERP is an amalgamation of three most important components; Business Management Practices, Information Technology and Specific Business Objectives.

Brien, J. A., & Marakas, G. M. (2012). 12. Management information systems (10th ed., pp. 504,505). Boston: McGraw-Hill Irwin.