Enterprise Resource Planning Assignment (ERP)
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Added on 2020-03-16
Enterprise Resource Planning Assignment (ERP)
Added on 2020-03-16
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Running head: ENTERPRISE RESOURCE PLANNING1Enterprise resource planningName:Institution Affiliation:
ENTERPRISE RESOURCE PLANNING2AbstractEnterprise resource planning system is an investment which helps a company to compete and also perform efficiently. This consequently, provides a framework for the collection of a suitable ERP system. The significant framework ought to the methodically construct the objectives of theERP system to manage to support on the goals of the business as well as the strategies of the enterprise. Moreover, it can help in the identifying of the appropriate attributes as well as consistent evaluation standards to alleviate the group decision process. In this research it will discuss the roles and the purpose of the enterprise resource planning system, benefits as well as the drawbacks of ERP implementation, and the literature review of ERP system and the current trends in ERP system.Index terms: enterprise resource planning (ERP)
ENTERPRISE RESOURCE PLANNING31.Introduction The enterprise resource planning technology are basically the computer applications that are made up of numerous components for instance the human resources , sales , manufacturing in addition to finance offering of the cross organization integration of the data via the embedded process of the business (Leon, 2014). The EPR software package can be customized in order to cater for various needs of the business. When an organization utilize the ERP system in the industry, it would serve as an important aspect towards the development in the corporate use of the IT. The implementation of the ERP programs could impact the users at different levels of the organization as it cuts all across the business function units. Users range from the top management to the low level who uses the system in their daily operations (Leon, 2014). It is important to understand that the ERP is an industry driven concept as well as systems, and it has been accepted by various industry as the practical solution when it comes to achieving the integrated enterprise information systems. Companies today confront on the new markets, new competition as well as increase in the expectations of the customers. Organizations today has been able to re-engineer practices as wellas procedures to become a lot more responsive to the clients and the competition. The effectiveness of any enterprise depends upon the flow of the data across the complete supply chain; such from the client to the manufacturer to the supplier (Leon, 2014). The enterprise resource planning models , have grown to be vital specifics technology that have been used by plenty of the business enterprise today , to achieve the competitive upper hand against the competitors ( Tao , Cheng , Zhang & Nee , 2017 ) . Nevertheless, this decision solely plausible when the execution has been coupled to the process of re-engineering (Bento & ISTM, 2015).
ENTERPRISE RESOURCE PLANNING4The utilization of the ERP system offers the capability of developing of most the primary business applications which include all the areas and the levels of a business (Bi, Da Xu & Wang, 2014). All the programs in the ERP suite usually share prevalent set of the data which is often stored to the central database. It functions as the backbone for the whole strategy of computing in the business, integrating on the essential business in addition to the management processes to have the ability to provide a sky-level view of what exactly is going on in the organization (Bi, Da & Wang , 2014 ) ) . An ERP system generally provides the functions for theaccounting along with the controlling, production and the materials management, the quality management, sales and the distribution, human resources as well as the project management. In this study, it is going to talk about the roles as well as intent behind the enterprise resource planning system, advantages along with the drawbacks of ERP implementation, in addition to theliterature review of the ERP system and the current trends of ERP system.1.1 SWOT analysis SWOT AnalysisOrganization:RealEstate.com.auDate: 3/10/2017Description ofcurrent/newICT service:The organization is intending to adopt modern Enterprise planning system. This system is intended reduce the cost of operations, as well as errors especially in the human resource, finance, and human, supply and human resource department. STRENGTHSThere is automation of the system. The system WEAKNESSESThe system has a complex user interface
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