Friday, September 27, 2019
Integrated Enterprise System Essay Example | Topics and Well Written Essays - 3250 words
Integrated Enterprise System - Essay Example There are various benefits that are associated with the implementation of ERP system by a business, which include improved network management, enhanced resource sharing, improved data accessibility and reduced infrastructural costs (Ray, 2011 p544). The implementation of ERP may take several models, which could be the workflow ERP implementation model that focuses majorly on the improvement of the channels through which information flows within an organization, or the partial ERP implementation model, which seeks to fix the areas of weakness in the information management system of a business, while retaining some of the traditional methods and approaches to information management, at the expense of overhauling the whole system (Glenn, 2008 p82). The successful implementation of the ERP system requires adherence to certain critical success factors, such as the top management commitment, selection of a competent project and technical team, as well as clear budgeting and goal setting. N evertheless, there are some factors that accounts for some companies tending to successfully implement ERP, while others experience failure. Such factors include the corporate culture of different organizations, inadequate training and the failure to plan properly and set realistic objectives by some organizations (Lam, 2007 p63). Table of Contents Clear budgeting and goal setting 6 Constituting a good team 6 Change management 7 Business process re-engineering 8 ERP implementation models 8 Workflow model 8 Partial implementation model 10 Why some companies tend to successfully implement ERP while others experience failure 11 Inadequate training 11 Corporate culture 12 Inadequate planning, budgeting and unrealistic expectations 12 The benefits of deploying ERP systems 13 Improved data accessibility 13 Saving on infrastructure costs 13 Resource sharing 14 Improved network management 14 Conclusion 14 Appendix 15 References 17 Introduction Information is the fundamental resource for any successful business, considering that it is through the access and use of the available information regarding the product, the customersââ¬â¢ needs, markets, the suppliers and the competitors, that a business is able to strategize its operations, so that the operations will suit into the existing business environment, and thus allow the business to thrive and overcome the challenges posed by the business environment, as well as the competitive forces. The modern business environment has become increasingly competitive, owing to the advancement in technologies, changing customer needs and preferences, stringent legal requirements controlling the business environment, as well as the improved modern infrastructure that allows for easier accessibility to products and services (Leon, 2008 p57). Therefore, the modern business strategies are focused on surviving in the face of stiff competition, through the application of information as the main business resource to meets the needs of the customers, while also fitting into the current business environment. This necessitates the need for a suitable information management system, which allows the business to operate smoothly internally, while also relating productively with the external business environment. It is this need that has seen the emergence and dominance of the
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