22 November 2013

What is ERP?

l  An ERP system is an attempt to integrate all functions across a company to a single computer system that can serve all those functions’ specific needs.
l  “Integration” is the key word for ERP implementation.
l  It may also integrate key customers and suppliers as part of the enterprise’s operation.
l  It provides integrated database and custom-designed report systems.
l  It adopts a set of “best practices” for carrying out all business processes.
Major Reasons for Adopting ERP
l  Integrate financial information
l  Integrate customer order information
l  Standardize and speed up operations processes
l  Reduce inventory
l  Standardize Human Resources information
Potential Benefits of ERP
l  Internal Benefits
          Integration of a single source of data
          Common data definition
          A real-time system
          Increased productivity
          Reduced operating costs
          Improved internal communication
          Foundation for future improvement

l  External Benefits
          Improved customer service and order fulfillment
          Improved communication with suppliers and customers
          Enhanced competitive position
          Increased sales and profits

ERP Implementation Approaches
l  The big bang – install a single ERP system across the entire organization
l  Franchising – Independent ERP systems are installed in different units linked by common processes, e.g., bookkeeping.
l  Slam dunk – install one or several ERP modules for phased implementation of key business processes.
PHASES
l  Initiation – develop business case, project scope, and implementation strategy
l  Planning – establish implementation team, determine goals and objectives, establish metrics
l  Analysis and process design – analyze and improve existing processes, map new processes to be adopted by the system
l  Realization – install a base system, customization, and test the system
l  Transition – replace the formal system with the new system, data conversion
l  Operation – monitor and improve system performance, provide continued training and technical support
Major Challenges to ERP Implementation
l  Limitations of ERP technical capabilities
l  Inconsistency with existing business processes
l  Costs - implementation (hardware, software, training, consulting) and maintenance
l  Impact on organizational structure (front office vs. back office, product lines, etc.)
l  Changes in employee responsibilities
l  Flexibility of software system upgrades
l  Implementation timelines
l  Availability of internal technical knowledge and resources
l  Education and training
l  Implementation strategy and execution
l  Resistance to change






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