ERP Systems in the Cloud System Assignment
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Added on 2021-01-01
ERP Systems in the Cloud System Assignment
Added on 2021-01-01
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ERP Systems in the Cloud
TABLE OF CONTENTSINTRODUCTION ..........................................................................................................................1ERP SYSTEMS AND CLOUD COMPUTING .............................................................................1On-premise ERP .............................................................................................................................3Hosted ERP .....................................................................................................................................5Cloud ERP ......................................................................................................................................6CONCLUSION ...............................................................................................................................8REFERENCES ...............................................................................................................................9
INTRODUCTION Enterprise resource planning (ERP) is defined as the system which integrates softwareand hardware modules of business with processing data as a single unit. Thus a single databasesystem is used by the organization for managing and organising its data. These systems alsoenables organisation to manage resources and processes so that productivity and efficiency canbe enhanced. With the rapid growth in the scope of business organisations there is great need ofmanaging resources and other aspects of business (Desai and et.al., 2018). Thus the key characteristic feature of ERP system is to support variety of businessfunctions such as accounting, inventory, sales, customer relation and human resourcemanagement. The report will discuss the various benefits, risks and implementation challengeswith ERP system. It will also describe the role of cloud technology in flexibility andimprovement of ERP system. Further the study will analyse and compare different types of ERPsystems by using case examples of organisations like Iconic , Woolworth and ALDI which areleading and successful business groups based in Australia and are providing services worldwide. ERP SYSTEMS AND CLOUD COMPUTING The systematic management of organisational resources allows organisation to reduce thetime delays and operational cost involved in management of the processes. For instance TheIconic operates in different parts of the world thus without using an ERP system it will not befeasible for it to store such huge amount of records without any complexity. This system alloworganisation to centralise its information assets (Enterprise Resource Planning – ERP, 2018).The recent advancements in the business approaches and technologies has encouraged the use ofERP system with the help of cloud services. The Iconic is providing its services to different corners of the world thus purchasing anERP or using it via host may not be a good solution in terms of maintenance and implementationcost. These cloud based system simplify the routine business processes and planning methods aswell as their supply chain management. Cloud computing is defined as the on-demand networkservices which allows its users to utilise a shared pool of resources such as servers, application,storage and networking devices (Jain and Sharma, 2016). The key benefit of cloud ERP is thatorganisations are not required to pay extreme efforts for management and they can use aconvenient and low cost secure system. 1
ERP systems aims at integrating various systems of organisation so that between variousdepartments and functions the transparency and visibility of the data can be enhanced. Thoughthese software systems are dominating and provide good return in terms of cost, efficiency,accuracy and productivity but it is required that sufficient security level must be consideredduring their implementation so that their purpose can be achieved (Nowak and Kurbel, 2016).Along with the security concerns the current business expansion plan also includes the remoteaccessing as the vital element for their successful business execution. Implementing ERP system:For successful execution of the business strategies ERP can serve as highly efficientmethod but it must be chosen and implemented with care. It is the responsibility of the leadersand upper management that they must identify the future goals of organisation as well as the roleof different functional authorities. It will help them to adopt ERP which can meet the currentrequirements of the organisation. For instance ALDI and Woolworths are providing servicesonline. Thus their ERP system must support online platform and related security concernsotherwise various stakeholders of these organisations may find it hard to accept the new ERPsystem. It is required that business organisations must consider innovations and future growthplans into account for implementing ERP system. It is also very challenging to explore thebenefits of implemented system without support of its users. Thus organisation must ensure thatits employees are give essential training so that they can effectively use it (Lee, Wong and Hoo,2017). For delivering the desired outputs it is also required that users are well aware of itsfeatures and user guideline. Another important consideration in ERP system installation is that itmust have adaptability. For instance ALDI is supermarket and thus it does not require anymodule for assembly of its products while for the manufacturing industries this is one of the keyERP element. For business organisation it is beneficial that they must analyse their needs so that theycan reduce the irrelevant complexity, cost and risk factors. ALDI, Iconic and Woolworth areoperating at large scale thus the use of open source ERP system may not be able to support largenumber of customers and advanced technical challenges. Thus instead of open source ERP,2
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