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Importance of ERP Systems in Nestle: Achieving Competitive Advantages and Saving Money

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Added on  2023-06-10

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This report discusses the importance of implementing ERP systems in Nestle to achieve competitive advantages and save money. It also highlights the benefits of ERP systems in improving communication, supply chain management, inventory control, and more.

Importance of ERP Systems in Nestle: Achieving Competitive Advantages and Saving Money

   Added on 2023-06-10

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Module case study
Importance of ERP Systems in Nestle: Achieving Competitive Advantages and Saving Money_1
TABLE OF CONTENT
INTRODUCTION ..........................................................................................................................4
3. Biggest payback comes from ..................................................................................................4
4. ..................................................................................................................................................6
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................10
Importance of ERP Systems in Nestle: Achieving Competitive Advantages and Saving Money_2
INTRODUCTION
Over the last few decades motivations to introduce ERP systems in company have
varied . It is essential for companies to improve communication with customers and supplies so
that they can gain competitive advantages. Nowadays, MNC is implementing ERP systems so
that they can easily access data to improve business performance and processes related to it. The
present report will be based on one of the largest food and beverage company in the world Nestle
which provides high quality products to enhance customer experiences. The major purpose of the
company is to work effectively for providing good food in order to enhance lives.
3. Biggest payback comes from
As we all know that management of ERP systems is very important as it aimed to address
matters of organizations. Standardizing IT Systems could be a driver for adopting systems like
ERP. Nowadays, international firms like Nestle is implementing ERP systems so that it will help
them to improve communication with customers and sellers. If everything is organized perfectly
and differently then it can support savings. IT savings can enhance the higher level cost saving
with the help of software called ERP (Pereguda, 2018). Frameworks related to ERP can be
custom fitted to nestle business operations to help them succeed and achieve competitive
advantages. One of the critical manners and important element by which ERP programming can
open the business capabilities is by just providing effective arrangements that are explicitly
customized to company and its operations. With the help of ERP software business can save
money which helps them to achieve success in the competitive world. The biggest payback come
from savings done from software called ERP and usage of technology. Enterprise resource
planning systems is very essential for business and finding solutions to problems. With the
implementation of an ERP systems in the business like nestle the company can get a chance to
re-engineer business processes. By using ERP systems the company can empower people by
giving them access to all the data of firm in real time which helps them to make decisions on cost
savings. By grasping these opportunities the company can achieve high price in terms of
financial costs and solves issues related to people. For managing supply chain and logistics in the
company, industries are using technology. In today's business world, ERP solution can do so
much more to gain competitive advantages (Chofreh and et.al., 2020). ERP helps business to do
proper accounting, provide service management, project management, material maintenance and
customer resources management. By taking these aspects into considerations the company can
Importance of ERP Systems in Nestle: Achieving Competitive Advantages and Saving Money_3

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