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Enterprise Resource Planning

   

Added on  2023-01-18

17 Pages4480 Words60 Views
Running head: ENTERPRISE RESOURCE PLANNING
Enterprise Resource Planning
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1ENTERPRISE RESOURCE PLANNING
Table of Contents
1. Introduction......................................................................................................................2
2. Problem Statement...........................................................................................................3
3. Research Aim...................................................................................................................3
4. Enterprise Resource Planning System and its Benefits...................................................3
4.1. ERP Journey.............................................................................................................4
4.1.1. Benefits of Each Stage.......................................................................................6
4.1.2. Case Study: Nestle.............................................................................................8
4.1.3. Case Study: Cadbury........................................................................................9
4.2. ERP system Journey may Never End.....................................................................10
4.3. Benefits of ERP may vary......................................................................................11
4.4. Benefits of different Phases of ERP implementation.............................................11
5. Drivers and Barriers for companies...............................................................................12
6. Conclusion.....................................................................................................................13
References..........................................................................................................................14

2ENTERPRISE RESOURCE PLANNING
1. Introduction
The research project aims in evaluating the importance of Enterprise Resource Planning
Systems (ERP). The research report will be discussing the concepts of enterprise resource
planning system, its use and the issues associated with the use of ERP. It has been observed that
the benefits of ERP is observed by the companies over the time and it is not observed
immediately. It takes a considerable amount of time for the companies to realize the benefits of
ERP (AlQashami and Heba 2015). The use of ERP systems in a company helps in gaining
competitive advantages over other companies. The research project will be identifying a research
problem. The aim of the research report is to discuss the concept of a company’s ERP systems
and its benefits.
A process management software that allows an organization to use a system of integrated
applications is termed as ERP. The ERP software indicates the use of a system of integrated
applications that helps in business management (Galy and Sauceda 2014). The implementation
of ERP involves a planned process. A structured and planned process of ERP implementation is
vital for ensuring that an ERP system is being developed as per the needs of the company. The
use of ERP system has become essential for managing the business processes as it helps in
increasing the competitive advantage of an organization. This is particularly because the use of
enterprise resource planning software increases the business effectiveness, reducing the cycle
times and also helps in improving the customer services (Conteh and Akhtar 2015). The research
project will be evaluating the operational change an organization can achieve with the
implementation of ERP. ERP system involves method of making use of a particular computer
system for integrating the functions in a number of departments that include inventory control,
marketing control of human resources and control of the accounting needs of an organization.

3ENTERPRISE RESOURCE PLANNING
The following paragraphs identifies the research problem and evaluates the effectiveness and use
of ERP in business organizations.
2. Problem Statement
It is observed that in an ERP implementation process, its launch or going live may not be
the end of the ERP journey. A research has been undertaken in order to analyze the benefits that
companies can expect from the ERP system implemented and the time it might take to realize
those benefits. The report aims in understanding the reasons why the journey of ERP may never
end (Panayiotou et al. 2015). The possible stages associated with the journey of ERP systems
and the benefits of each stage of ERP implementation process will be discussed in the research
report.
In this age of digital economy increasing the competitive advantage of a company is
essential. It has been observe that integration of business process with the help of ERP system
helps the company in increasing business revenues. The research report aims in evaluating the
success factor behind the use of ERP.
ERP is a technology that helps a company in integrating the information from all
departments. However, accurate implementation of an ERP system might require an extensive
planning and labor. The research report will be evaluating this problems and will be identifying
the drivers and the barriers that are faced by a company while moving from one stage to next.
3. Research Aim
The aim of this research is to evaluate the reason why going live may not be an end of
ERP journey. ERP’s journey its benefits within the organization is evaluated in this research.

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