Significance of ERP Systems in Performance Measurement - Research Paper
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This research paper mainly focuses on the significance of ERP systems in the enhancement of measurement performance. The paper includes the content of the paper, issues highlighted, research methodologies, outcomes of the article and many more.
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RESEARCH PAPER 0 NAMESTUDENT ID Project management
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RESEARCH PAPER Table of Contents Introduction.................................................................................................................................................2 Content of the article...................................................................................................................................2 Research methods........................................................................................................................................3 Introduction.............................................................................................................................................3 Research structure...................................................................................................................................3 Research approach...................................................................................................................................4 Information gathering..............................................................................................................................4 Data analysis...........................................................................................................................................4 Findings and results of the paper.................................................................................................................4 Issues highlighted........................................................................................................................................5 Conclusion of the paper...............................................................................................................................5 Conclusion...................................................................................................................................................5 References...................................................................................................................................................7 1 NAMESTUDENT ID
RESEARCH PAPER Introduction ERP isdefinedasenterpriseresource planningwhich isthejoinedmanagementof the organizational processes. Enterprise source planning systems have been utilized in assimilating data and hurrying its circulation across purposes and sections with the purpose to enhance the overall performance of the companies [1]. Such kind of process allows the business communities to utilize a system of unified requests in order to control and evaluate the business and monitor back-office functions through information technology. The major purpose of this paper is to enhance the skills in the context of ERP and evaluate an article based on enterprise resource planning. This research paper mainly focuses on the significance of ERP systems in the enhancement of measurement performance. There are several sections will be involved in this paper including the content of the paper, issues highlighted, research methodologies, outcomes of the article and many more. Content of the article The title of the chosen article is “A study of enterprise resource planning (ERP) system performancemeasurementusingthequantitativebalancedscorecardapproach”thatwas provided by Yung and other researchers in the year 2015 [1]. The major significance of this articleistoexaminetheimportanceofERPschemeintheenhancementofbusiness performance. According to the authors, the high technology sector has played a significant character in the economic development of Taiwan in the last few years. The term ERP is a kind of tool which is utilized to standardize and evaluate the business process for accelerating access to various sources across the business commutes so that ERP may help the companies for improving their effectiveness [2]. The researchers reported that ERP is an advanced business system that has the potential to integrate the flow of material and evaluate the overall effectiveness of the business communities. The fruitful placement and utilization of the ERP schemes are very crucial to the organizational survival and effectiveness. It is observed that ERP is very important to network in this advanced generation due to their larger ability to assimilate the flow of substantial, information and finance in order to provision structural strategies. The researchers identified that many ERP systems 2 NAMESTUDENT ID
RESEARCH PAPER including Oracle, Baan, SAP and people software delivered commercial software package to the companies [3]. Different investigations have affirmed that ERP frameworks can expand the upper hand in the data innovation (IT) time. Especially in the e-business time, there has been a worldwide pattern to incorporate business procedures dependent on the organization's key usage. A survey of the potential advantages from ERP execution can be ordered into substantial and impalpable advantages. Actualizing an ERP framework not just expanded consumer loyalty and diminished operational expenses yet in addition in the long run brought about expanded benefits and development of an association [4]. The advantages of an ERP framework were identified with procedure profitability improvement, diminished blunder, and convenient accessibility of steady data. The creators likewise recommended that ERP advantages ought to be estimated from alternatepointsofview.Thebusinessconditionisportrayedbyanabnormalstateof vulnerability; subsequently, the procedure of ERP framework evaluation includes various issues. Research methods Introduction It is a noteworthy segment of the exploration that has the capacity to deal with the holes and nature of the article in the whole examination. There are various strategies and techniques associated with the examination system, for instance, look into the configuration, approach, methodology, and information gathering, etc [5]. The key centrality of this area is to exhibit involvement with regards to business process the executives. Utilizing such sorts of strategies the analysts had the option to create and actualize compelling examination and lessen the blunders happened in the examination [6]. Research structure In which the specialists incorporated a quantitative sort of approach in light of their capacity to improve adequacy as far as quality. Additionally, the specialists incorporated the perspectives of members by directing a study. Utilizing proper plan the specialists were skilled to improve the viability of the paper and successfully built up the speculation in the examination [7]. 3 NAMESTUDENT ID
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RESEARCH PAPER Research approach There are major two sorts of methodologies associated with the examination for instance, inductive and deductive strategies [8]. It is seen that the inductive methodology is sufficient to build up a viable theory and pool information the correct way. Consequently, the specialists saw that the usage of such a methodology helped in actualizing the examination successfully alongside better quality. Information gathering It is a significant segment of the exploration that includes in social affair successful data and realities pertinent to the ERP framework. There are real two strategies include in the information social affair approach including essential and optional. For this examination, the creators included both essential and optional strategy where essentialinformationgive crisp data significant to the business procedure the board while auxiliary information conveys dependable data to the exploration concerns [8]. Thusly utilizing such sorts of systems and procedures the scientists were fit to assemble viable information identified with the business process the executives. Data analysis It is a significant area of the examination that helped the specialists for getting the solid results of the exploration. There are different kinds of information investigation strategies, for instance, measurable, elucidating content, etc. For this paper, the specialists utilized just clear content investigation alongside the SPSS technique. The creators contended that SPSS is a change based procedure that is reasonable for finding the suitable results of the examination [9]. Accordingly, the creators announced that the usage of every one of these techniques bolstered to keep up the progression of information and acquiring the powerful direct related toward the ERP. Findings and results of the paper The researchers found that ERP schemes have been utilized in assimilating info and accelerating their distribution across the business communities. ERP has the potential to solve complex situations and help companies for improving their performance effectively [10]. This research shows the importance of ERP systems in performance measurement. The researchers adopted a quantitative balanced scorecard process that helped for finding reliable data related to the ERP 4 NAMESTUDENT ID
RESEARCH PAPER systems. it is found that ERP evolution model delivers an objective strategy in order to measure both the performance level and its significance to the high tech firms [9]. Issues highlighted The writers contended that business integration is one of the major problems linked with the companies that may affect the overall performance of the developed systems. It is highlighted that the key issue linked with the ERP system is that it cannot measure the effectiveness that the system impact on the developed firms. Moreover, the business environment is divided by a large uncertainty thus the procedure of ERP framework include various issues that reduce the performance of the business communities [8]. The investigators found that the ERP system produces various problems in the decision-making process due to which the companies are not able to adopt such kind of system in the businesses. Conclusion of the paper The authors concluded that the ERP system has the ability to control and handle the performance of the business communities effectively. The utilization of ERP framework may help the companies to reduce complex situations and enhance the overall effectiveness of the business. This research analyzed and highlighted the advantages and importance of ERP systems in the context of business. It is identified that the ERP system performance measurement can be analyzed as a multiple criteria decision-making issue. This paper ispertinent to the Unit where the researchers highlighted each and every point related to the ERP system that may help for better analyzing the significance of ERP systems. Conclusion This paper shows the major contribution of ERP systems in the business communities and also reviewed their benefits towards organizational performance. It may be concluded that the ERP system is capable to enhance organizational performance and reduce the problems faced by the companies. This research also investigated and evaluated an article related to the ERP system and ERP framework. The findings of this paper show the positive points relevant to the ERP system and the researchers also included the viewpoints of other investigators in order to enhance the effectiveness of the paper. 5 NAMESTUDENT ID
RESEARCH PAPER 6 NAMESTUDENT ID
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RESEARCH PAPER References 1.Y.C., Shen, P.S. Chen and, C.H., Wang, “A study of enterprise resource planning (ERP) systemperformancemeasurementusingthequantitativebalancedscorecard approach,”Computers in Industry,vol.75, no. 6, pp.127-139, 2016. 2.R., Seethamraju, “Adoption of software as a service (SaaS) enterprise resource planning (ERP) systems in small and medium-sized enterprises (SMEs),"Information systems frontiers,vol.17, no. 3, pp.475-492, 2015. 3.H., Altamony, Z., Al-Salti, A. Gharaibeh and, T., Elyas, “The relationship between changemanagementstrategyandsuccessfulenterpriseresourceplanning(ERP) implementations:Atheoreticalperspective,”InternationalJournalofBusiness Management and Economic Research,vol.7, no. 4, pp.690-703, 2016. 4.A.S., Shatat, “Critical success factors in enterprise resource planning (ERP) system implementation: An exploratory study in Oman,”Electronic Journal of Information Systems Evaluation,vol.18, no. 1, p.36, 2015. 5.A., Tarhini, H., Ammar, T. Tarhini and, R.E., Masa’deh, “Analysis of the critical success factors for enterprise resource planning implementation from stakeholders’ perspective: A systematic review,”International Business Research,vol.8, no. 4, pp.25-40, 2015. 6.A.G.,Chofreh,F.A.,Goni,S.,Ismail,A.M.,Shaharoun,J.J.Klemešand,M., Zeinalnezhad, “A master plan for the implementation of sustainable enterprise resource planning systems (part I): concept and methodology,”Journal of cleaner production,vol. 136, no. 6, pp.176-182, 2016. 7.B., Aslan, M. Stevenson and, L.C., Hendry, "The applicability and impact of Enterprise Resource Planning (ERP) systems: Results from a mixed-method study on Make-To- Order (MTO) companies,"Computers in Industry,vol.70, no. 6, pp.127-143, 2015. 8.C.J., Costa, E., Ferreira, F. Bento and, M., Aparicio, “Enterprise resource planning adoption and satisfaction determinants,”Computers in Human Behavior,vol.63, no. 6, pp.659-671, 2016. 9.D., Fernandez, Z. Zaino and, H., Ahmad, "An investigation of challenges in Enterprise Resource Planning (ERP) implementation: The case of the public sector in Malaysia," International Journal of Supply Chain Management,vol.7, no. 3, pp.113-117, 2018. 7 NAMESTUDENT ID
RESEARCH PAPER 10.D.A.,Almajali,R.E.Masa'dehand,A.,Tarhini,"AntecedentsofERPsystems implementationsuccess:astudyontheJordanianhealthcaresector,"Journalof Enterprise Information Management,vol.29, no. 4, pp.549-565, 2016. 8 NAMESTUDENT ID