Enterprise Resource Planning System - Research Paper Example

Comments (0) Cite this document
This paper “Enterprise Resource Planning System” aims to explore the issues that companies face when purchasing an Enterprise Resource Planning system (ERP system). It also provides brief information on the things to consider when purchasing an ERP system…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.1% of users find it useful
Enterprise Resource Planning System
Read TextPreview

Extract of sample "Enterprise Resource Planning System"

Download file to see previous pages One must consider the scale the drive “Enterprise Resource Planning” (ERP) vendors in order to understand these vendors’ sales tactics. Millions of dollars are invested by big players such as Oracle/PeopleSoft, SAP, Microsoft, and SYSPRO --- to name some --- to develop ERP systems (Dowlatshahi, 2005, p.3745). For these vendors, CD copy of the system is just minimal capital; therefore closed deals for implementations of these systems gain them absolute profit. It should be of no surprise to see these vendors exhaust all means to close deals with potential clients, since there is a lot of profit at stake (Fulla, 2007, p.35). Some companies report being given trips to the vendor’s headquarters, luxurious meals and accommodations, and transport by stretch limos (Dowlatshahi, 2005, p.3747). These are all part of a vendor’s strategy in wooing clients to buy their ERP system.
Basically, these ERP systems are similar in their fundamental functionalities in business processes management. Therefore, to sell a product, vendors must establish their product’s superiority over other ERP systems available in the market. The danger here is the vendor’s inclination to make outrageous claims regarding their ERP system. Some vendors publicize the advanced functionality of their system, some vouch for the ease of use, while others offer money-back guarantees of up to millions of dollars if their system fails to double other company’s ERP system performance (Fulla, 2007, p.36). ERP vendors even try to sell extra technical and consultation support aside from their software licenses. Final quotes may include consulting and programming assistance of up to thousands of hours. However, companies should be aware that there are usually fees for this consulting assistance, and it may be easier to find cheaper open market services (Fulla, 2007, p.38).
  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Enterprise Resource Planning System Research Paper - 1”, n.d.)
Enterprise Resource Planning System Research Paper - 1. Retrieved from https://studentshare.org/human-resources/1576029-enterprise-resource-planning-hw
(Enterprise Resource Planning System Research Paper - 1)
Enterprise Resource Planning System Research Paper - 1. https://studentshare.org/human-resources/1576029-enterprise-resource-planning-hw.
“Enterprise Resource Planning System Research Paper - 1”, n.d. https://studentshare.org/human-resources/1576029-enterprise-resource-planning-hw.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Enterprise Resource Planning System

School District Comparison Report: Corpus Christi ISD vs. United ISD

12 Pages(3000 words)Research Paper

Enterprise Resource Planning HW

...?Running head: Enterprise Resource Planning System Enterprise Resource Planning System Enterprise Resource Planning System 2 Abstract This paper aims to explore the issues that companies face when purchasing an Enterprise Resource Planning system (ERP system). It also provides brief information on the things to consider when purchasing an ERP system, such as expectations from the vendor and consideration on the amount of influence a...
3 Pages(750 words)Research Paper

Enterprise Resource Planning

...? SAP ERP SAP ERP The field of business has been revolutionized by the intervention of computer technology.Solution providers keep on offering their clients effective and reliable products that manage their business processes and provide basis for strategic analysis. Enterprise Resource Planning (ERP) systems are among the most common software solutions adopted by companies around the world. Wiley (2002) stated that ERP solutions were originally developed to support the manufacturing companies but they have grown to support numerous other industries, like medicine, financial institutions etc. The product that has been chosen for analysis, SAP ERP, also offers the services to manage one’s business and provide a structured form... from the...
2 Pages(500 words)Research Paper

Enterprise Resource Planning

...College: Enterprise Resource Planning An Enterprise Resource Planning (ERP) is software that is used in the management ofa business’s activities. It makes it possible for an organization to use a system of applications that are integrated in the management of its activities. The software enables the integration of each and every aspect of operation within the organization including manufacturing, storage/inventory control, sales and marketing etc. The Enterprise Resource Planning software consists of several modules available to a given enterprise based...
3 Pages(750 words)Research Paper

Managerial Economics

11 Pages(2750 words)Essay

Was FDI Inflows a Significant Determinant of Export Growth in 12 CEE Countries

15 Pages(3750 words)Research Paper

Enterprise Resource Planning System

...Implementing an Enterprise System at Dyson Ltd Executive Summary This report examines the feasibility of implementing an Enterprise Resource Planning(ERP) system, also known as enterprise system, in the company-wide operations of Dyson Ltd. Dyson is a privately held manufacturer of vacuum cleaners and washing machines with operation around the globe. ERP systems are commercial software packages designed to integrate existing administrative systems in the organisation. These areas include finance, human resource, supply chain information and customer...
11 Pages(2750 words)Case Study

Enterprise Resource Planning System

...Enterprise Resource Planning System By Affiliation Table of Contents Table of Contents 1.Introduction 3 2.History 3 3.Enterprise Resource Planning: An overview 4 4.Ways of Implementing ERP 6 5.Importance of ERP 6 6.Benefits of ERP 7 6.1.Elimination of Expensive, Rigid Legacy Systems 7 6.2.Improvement of Work Processes 8 6.3.Improvement in Access to Data for Operational Decision Making 8 6.4.Upgrade of Technology Infrastructure 8 7.Disadvantages of ERP 8 7.1.Expenditure and Time in Implementation 8 7.2.Complexity Implementing Change 8 7.3.Complexity Integrating with Other...
9 Pages(2250 words)Research Paper

The importance of an enterprise resource planning system

... Critically evaluate the importance of an (ERP) enterprise resource planning system in contemporary organizations Introduction Across the globe enterprise resource planning is becoming highly popular. Its importance is greatly observed in large and medium-scale organizations. ERP or enterprise resource planning in modern era has been able to change the manner of organizational computing. 60% of the companies listed in Fortune Global List have adopted ERP systems. These systems are basically credited with shortening cycle times, reduced...
4 Pages(1000 words)Essay

Enterprise Resource Planning (ERP System)

.... But the technology has become so much available nowadays and why should the organization suffer or even tirelessly overwork the staffs when the solutions are at hand. As a result, it prompts the use of enterprise resource planning software that can aid in the management. ERP is a system that enhances information flow that can be used for various purposes through data generation. It provides for records such as sales, inventories, and web based that consumers can access and find the organization with ease and learn the various services they offer. Thus, the Fairmount hotels have adopted real deal in the industry that if any hotel revenue is above them in hospitality...
12 Pages(3000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Enterprise Resource Planning System for FREE!

Contact Us