Enterprise Resource Planning (ERP) Assignment
Added on 2020-04-07
10 Pages2928 Words48 Views
Running head: ENTERPRISE RESOURCE PLANNING1Enterprise Resource PlanningName:Institution Affiliation:
ENTERPRISE RESOURCE PLANNING2IntroductionThe enterprise resource planning systems could be regarded as the most innovative development in the IT for the last decade (Chang, Kuo, Wu & Tzeng, 2015). Many organization have been shifting from the functional to the process based information technology infrastructure, and the ERP systems they have become one of the most widely used information technology solutions(Al-Mashari, 2003). The concept of this technology has been focused on the standardization, the synchronization as well as the improved efficiency (Seethamraju, 2015). The ERP systems couldbe regarded as the configurable information system packages which have the capabilities of integrating of the information as well as the processes all across the functional areas within an organization. The benefits which have been encountered by the use of the ERP system has been significant (Arik, 2002). Some of these benefits have been coordinating of the processes as well as the information, reduction in the carrying costs, the decrease in the cycle time along with the improvement of the responsiveness to the client’s requirements (Al-Mashari, 2003). What has really motivated the organization in implementing of their ERP system has been their integration as well as the standardization capabilities, the flexibility of the client/ server architecture, along with the abilities of driving the effective business reengineering as well as the management of the major and support processes (Seethamraju, 2015). Traditionally, it has been observed that theERP system have been implemented in the capital- intensive industries for example the manufacturing, construction as well as the defence. In the recent years these systems have been implemented in the other sectors such as the finance, insurance, as well as the education (Arik, 2002). Currently, these system have now been considered as the standard technology upon to which the major organizations are operating their business (Chang, Kuo, Wu & Tzeng, 2015). In this essay it intends to discuss various aspects such as the role and purpose of the ERP system,
ENTERPRISE RESOURCE PLANNING3the benefits and the drawback associated to this system, the implementation process of the ERP system, the ERP solutions to the organizations, and the future of the ERP systems. The role and the purpose of the ERP systemIn the business world organization, the business software usually play a vital role when it comes to the support as well as its activities to be able to increase on the productivity along with the efficiency of the business (Chang, Kuo, Wu & Tzeng, 2015). The business software offer benefits to the organization it also brings about major implication for the firm when they decide to implement the various type of the business software. The enterprise resource planning system are usually designed for the distributors, the retailers as well as the professional services organization basing on their needs (Shaul & Tauber, 2013). The company by the name SAP Aktiengesellschaft is well known as the world market leader in the supply of the ERP technology. The ERP system are implemented in order to offer more accurate data as well as safe time. Moreover, the system also reduces the asset costs and the financial cycle, increase the satisfaction of the clients and the globally integrate of the data all across the organization supply chain (Bi, Da Xu, L., & Wang, 2014). The ERP uses the relational database technology for integrating of the different units of the organization data system that integrate on all the processes of the business and sub-processes which are linked as well as unified into the single system. This system has been designed to be able to focus on various areas of the company such as the financial, the human resource, supply chain and the marketing (Chang, Kuo, Wu & Tzeng,2015). The ERP is important to all the needs of the organization and it can be utilized in any type of the business, despite the objective of the business, size or even the area of the operations.
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