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Enterprise Resource Planning Systems - Assignment Example

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This discussion talks that an enterprise resource planning system is an incorporated computer-based application utilized to manage external and internal resources, as well as tangible assets, human and material resources, and also financial resources…
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Enterprise Resource Planning Systems
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Download file to see previous pages Enterprise resource planning systems envisioned to facilitate sharing of information, business planning, as well as decision making upon an establishment -wide basis (Somers & Nelson, 2003). For instance, companies that have adopted Enterprise Resource Planning systems can use them to forecast the demand for a product, track inventory, order the needed raw materials, allocate costs, and devise production schedules. Enterprise permits firms to replace intricate computer-applications with a lone, integrated system. Enterprise Resource Planning system shares data with other business software systems in a company. Enterprise Resource Planning system is a planning backbone for a firm’s core business operations.
ERP system is a complex and cosmic system that undertakes years and a lot of cash to implement. In implementing an ERP system, there is a need to pay attention to the commitment of the top management. For the implementation to be successful, the top managers must support the project through funding and undertake an active responsibility in fostering the change. The other aspect to pay attention to is the re-engineering of existing business procedures while implementing ERP system. One key benefit of enterprising resource planning is derived from re-engineering a firm’s existing business operations (Gunson & Blasis, 2002).
Enterprise resource planning systems bring integration into a company; hence, a company should understand the kind of integration as well as its effect towards the whole business. Experts with technical, functional and interpersonal skills should be obtained to implement ERP; therefore, there is a need to pay attention to enterprise resource planning systems’ consultants while implementing ERP systems. Another point to keep in is the implementation time.  ...Download file to see next pagesRead More
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