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ERP Implementation

   

Added on  2023-01-18

15 Pages2694 Words84 Views
Business DevelopmentLeadership ManagementCalculus and Analysis
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Running head: ERP IMPLEMENTATION
ERP IMPLEMENTATION
Name of the Student
Name of the University
Author note
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ERP IMPLEMENTATION
Table of Contents
Introduction......................................................................................................................................3
Background......................................................................................................................................3
Enterprise resource planning definition, Benefits and Limitations.................................................3
Reasons of upgrading of the ERP....................................................................................................4
10 brands that provide ERP to SME................................................................................................5
Comparative analysis among them..................................................................................................5
Which brand should be used? Reason.............................................................................................7
CBA.............................................................................................................................................7
SAP Cost benefit Analysis.......................................................................................................7
Microsoft Dynamics ERP Cost Benefit Analysis....................................................................9
Conclusion.....................................................................................................................................12
References......................................................................................................................................13
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Introduction
This proposal will discuss about the background of Tumi Cut business management
process. This proposal will also discuss about the scope of Tumi Cut as a business entity. This
proposal will also discuss about terminologies that will help in understanding functioning of the
ERP system. 10 different brands that provide the service of ERP will be provided in the proposal.
Comparative analysis in between them will also be provided in order to understand the brand that
will be helping in better understanding of the functional process. Recommendation of the brand
will also be provided. Cost benefit analysis of the recommended ERP brand along with that of
SAP will also be provided. This will help in better selection of the ERP system.
Background
Tumi Cut customer fill rates were way below and the entire business organization has a
fill rate of 80%. This is when Tumi Cut decided to replace their legacy system with
implementation of SAP business suite. Since the implementation of the SAP business suite the
main benefit that was received includes better management of the business and roper expansion
of the business organization in the field of better standardization in business execution was
received.
Enterprise resource planning definition, Benefits and Limitations
Enterprise resource planning is defined as the ability that is required for delivering
integrated suite of application that are related to the business management. A common process
along with the business model is portrayed in the scenario. Covering of deep end to end
operational model has been one of the major advantage that provides benefits to the business
organization that will be using ERP. ERP finds its application in the phase of automation
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processing of the project management processes (Harwood 2017). ERP is mainly used by the
HR, distribution team. Supply Chain management system is highly benefitted in the process of
data management of the business organization.
Benefits of ERP usage includes high rate of cost benefit achieving. The cost that is
incurred in the execution of the ERP system is initially high. But the validity of the system that is
received is for a long period. A minimum validity of 7 years can be expected from the ERP
system. On an average, 40% of the ERP system lasts till 15 years (Sun, Ni and Lam 2015).
Another advantage of using ERP includes better increasing visibility in the processing of the
total access points. This ensures that the data that are required for commencement of thee
business gets better and hence analysing of data gets better. The reporting and planning section
gets benefitted in a proper manner and hence the efficiency in the business processing system
increases. One of the major advantage that is received by ERP is data security. ERP is mainly
focused with data transaction process. Hence data security is one of the major aspect that will be
provide by ERP.
The major disadvantages of using ERP is that the initial cost that is required in the
implementation process is very high. Not only is the cost of implementation process high but the
cost of the collaborating different components are very high. Even the maintenance cost of the
entire system is very high. The complexity of the usage process is also very high. Customization
is one of the major advantage of using the ERP system (Ali and Miller 2017). But it is seen that
thee customization process gets out of control. This lack of control includes the aspect that the
upgrading process gets affected in a negative manner.
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