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ENTERPRISE-WIDE RESOURCE MANAGEMENT (ERP) BEST PRACTICES - Essay Example

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Summary
Enterprise Resource Planning (ERP) is the complete management transaction system that incorporates various processing data and information into a combined database. In the article, “The impact of ERP on supply chain management: Exploratory findings from a European Delphi…
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ENTERPRISE-WIDE RESOURCE MANAGEMENT (ERP) BEST PRACTICES
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ENTERPRISE-WIDE RESOURCE MANAGEMENT (ERP) BEST PRACTICES

Download file to see previous pages... Hence, the essay intends to review and present the assessment of the Delphi study on Enterprise Resource Planning (ERP) towards assessing impact of ERP in the supply chain management (Akkermans et al., 2003).
The review of the article propounded that ERP plays a vital role in the process of SCM of an organization. In the article, few prominent aspects regarding ERP in supply chain management are highlighted. The first aspect deals with the various problems that may arise in the near future, if enterprise resource planning gets implemented in the process of SCM. Accordingly, it has been postulated that the delivery of products gets integrated between suppliers and consumers in the process of supply chain. Thus, a need to enhance supply chain process is advocated due to the due to consistent change as per the requirements of the suppliers and customers. It has been argued that excess time is consumed in the supply chain process and inventory management. The second aspect is associated with the effectiveness of ERP in the enterprise-wide resource management. Accordingly, it has been determined that ERP not only deliver positive involvement in the four issues of the supply chain, but it also provides support towards the enhancement in customization of goods and services. In addition, the review of the article revealed that ERP leads towards increasing the level in the process of supply chain and information management. It also linked world-wide market through the support of IT systems and generates transparency of the market. At the same time, the review of the article rendered few major limitations of ERP implementation that may hinder the smooth functioning of supply chain process (Akkermans et al., 2003).
The exploratory findings by European executives lead to the justification that implementing ERP in the supply chain management renders positive impact on the growth of an organization as well as it creates hindrances in terms of strategic businesses. ...Download file to see next pagesRead More
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