Enterprise Resource Planning: Benefits, Stages, and Case Studies

Enterprise Resource Planning
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Contents
Introduction............................................................................................................... 3
Enterprise Resource Planning......................................................................................... 4
The ongoing journey of ERP.......................................................................................... 7
Stages in ERP processing............................................................................................ 10
Benefits of each stage of ERP....................................................................................... 12
Barriers while moving from one stage to the next one.........................................................15
Conclusion.............................................................................................................. 17
References.............................................................................................................. 18
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Introduction
This report introduces the concept of Enterprise Resource Planning. ERP is the software
application program used by the company to perform better in the business culture. Here the
case study of NESTLE and PG&E is discussed to understand the concept of ERP. ERP is a
very integrated method and helps the organisation to achieve its task. The benefits of ERP are
mentioned below in the report to understand it in the context of company NESTLE. Further,
the disadvantages lead by the ERP in PG&E Company are also discussed in the report to
understand the other side of ERP.
Comparison and contradiction of NESTLE and PG&E are done in this report to analyse the
factors of the ERP. ERP is a very common application using by every company of the
21stcentury. The nature of ERP and its ongoing process are described below to grasp the
subject more clearly. This research report about Enterprise Resource Planning is very
informative and useful to the learner in all aspects (HassabElnaby, et al., 2012).
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Enterprise Resource Planning
Enterprise resource planning is a business software management process. It is the technique
through which the corporate world can keep records of its al, functions, services, and
technology. This integrated and automated method helps the company to maintain its
resources. It works as a software application that relies on input data. Nowadays every
organisation has this software in its company; it is a very useful tool for keeping records of
business entities. The most vital thing about ERP is that it integrated all the proceeds like
production, management, planning, processing, and development, manufacturing, sales and
marketing (Khaparde, 2012). Earlier companies were relied on manual and other methods for
enterprise resources but in 21st-century companies used ERP for the following reasons.
 To replace out of date ERP software
 To update the existing software’s
 To replace accounting software
 For better planning of business resources.
There are various ERP systems but among all below given are mostly used and top-
rated.
Company Details Features and
functions
Price
SAP ERP o It has to
operate for 40 years
with 50, 000
customers at
globalization
 Reporting
 Accounting
 Warehouse
management
 Enterprise
 Other
functions of the
enterprise
o Its price is
variable according to
the extent of fop
software and time.
o Its dollar
20,000 plus
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Net suite ERP o It's modern
and accessible in all
critical situation
o Handle out
proper implementation
 Accounting
 Inventory
 Analytics
 Management
 Reporting
o Dollar 1000
per month (starting
price)
Sage ERP o Fully
integrated and handle
out all back-office
functions properly
 Finance
 Accounting
 Inventory
 procurement
 Management
 Analytics
 Reporting
 And all other
functions
o It is also
variable
o It is a dollar
15,000 plus.
Seeing the importance of ERP, companies started using various trends in ERP. As stated
below
o Mobile ERP
This executes real-time execution of the processing. Nowadays employees demand these
trends of ERP. This trend is very common nowadays and very useful also.
o Social ERP
It’s an era of social media. This trend helps in collecting the current trends of the market to
buy an automated system(Harwood, 2017). Social trends analyse the current trends and help
in meeting the current demands of the customer and serve excellent customer satisfaction.
o Cloud ERP
This trend is very fast and responsive. It reduces time and gives apparent results. Cloud
computing is a much-modified version of the ERP system (Peng and Gala, 2014).
o Two-tier ERP
This ERP trend useful in accomplishing all tasks by avoiding any failures in its data’s. This
trend is very useful in the current time.
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ERP is very useful in today’s business culture, where executions and processing are changing
at a rapid rate. So there is a need for some sort of software that reduces the manual work and
produces better and faster results than employees. This automated function helps in
increasing insights and to have better vision with accuracy. Accuracy leads to faster results
and better execution of the work. Companies like. Amazon, Google and many such
companies using this application for the company's enhancement. It generated 360-degree
visibility, where problems are easily identified and solved. By using ERP business becomes
more efficient in time utilisation and execution. It also helped in meeting the current demands
of the customers and in meeting the objectives of the company (May, et al., 2013). Every
company needs that it serves best to the customer and remain a leader. The company always
escorted with the current demands of the market which can be analysed by the ERP. The the
critical benefit of ERP is that ERP vendors can make close connections with the industries
they serve.
(Sources - https://www.herbstsoftware.com/5-reasons-why-erp-is-a-business-necessity/)
Above image showing that ERP is useful in below-given factors:
 Real-time execution
 Complete integration
 Managed and cost controlled
 Customisation
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