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Project Report on Enterprise Resource Planning (ERP)

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Added on  2019-11-26

Project Report on Enterprise Resource Planning (ERP)

   Added on 2019-11-26

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Running Head: Management Information SystemsManagement Information Systems NameAffiliate Institution
Project Report on Enterprise Resource Planning (ERP)_1
Running Head: Management Information Systems1IntroductionRealtech is currently facing several problems for not coping up with the fast changing technology.It has several departments but is currently using outdated supply chain management system. Theobjectives of this proposal are to make sure that these problems are faced away, that is, implement asystem that integrates all the functions of the different departments into one system- EnterpriseResource Planning. The system should include the functions of the following departments: Marketing and Sales,Accounting and Finance, Research and Development, Management, IT support, and HumanResource.This report will discuss what Enterprise Resource Planning (ERP) is, the types, features of ERP,how well the proposed system will service Realtech functions and operations and its advantagesand disadvantages.Enterpriseresourceplanning (ERP)isbusiness process management systemthat allows a companyto use a system ofcoordinated and integrated application module to manage the organizations'functions and automate manyback officeactivities related to services, technology, and humanresources. Gunasekaran & Shea, (2010).ERP Application SoftwareTypes of ERP Application Software. Systems Applications and Products (SAP)- SAP provides two solutions which include the R/3 suiteand B1 suite, which sometimes is referred as business one. R/3 is a coordinated application systemthat can handle business processes from large corporations to very small companies. R/3 iscustomizable to address specific business objectives. It utilizes a client/server architecture that runson several platforms, such as OS/400, Windows Server, and UNIX. It can be implemented using avariety of database applications, for instance, DB2, SQL Server, or Oracle. B1 is designed majorlyfor small and medium companies providing in-built subroutines for reporting, client relationshipmanagement, warehousing, purchasing, finance, and e-commerce. Ray, (2011).LN/Baan- Baan Enterprise Resource Planning is an application package is designed formanufacturing companies dealing with complex supply chains on composite products that work ondistinct approaches. It is designed exclusively for engineering and large made-to-orderorganizations. It is highly customizable and supports step-by-step documentation and flow chartbased process. Microsoft Dynamics NAV and AX 2009- Microsoft provides two ERP software applications. Thefirst is the Microsoft NAV which targets the needs of small and medium firms. It supports modulesfor finance, e-commerce, CRM, analysis, and manufacturing. The second is the Microsoft AX 2009which is structured to address the needs of medium and large businesses and contains functionsessential to organizations conducting business in several nations. Its major goal focuses onimproving individual productivity and best fits wholesalers, retail-oriented firms, manufacturingcompanies and service organizations. Jedlitschka, (2008).Oracle Enterprise Business Suite Financials and PeopleSoft Enterprise are two Enterprise ResourcePlanning products that Oracle offers. E-Business Suite Financials is a user-friendly packagedeveloped for the financial services industry. It supports distributed organizations and providesmodules for operational and financial information, budgeting, forecasting, dynamic planning andmultidimensional profit analysis. PeopleSoft can be customized to meet the composite
Project Report on Enterprise Resource Planning (ERP)_2

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