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An ERP Solution, if implemented successfully meeting the business requirements, allows an organization to have an integrated view of all business process which in turns allows efficiency and effectiveness in achieving business goals.
Once ERP is implemented, all business processes are integrated into a single unified system providing complete visibility and one unified reporting system. Employees are more efficient,deliver in less time, no redundant tasks nor data duplication;Collaboration is better across the whole organization, operation is more controlled, cost is reduced.
ERP must be dynamic and scalable enough matching the business growth and will form a centralized system with standard best-business processes on which are based on industry best practices.
Please note that implementing an ERP solution is not a straight forward process and requires managing and considering many aspects and requirements. After having the system stable, the organization will start measuring the advantages and ROI (return on investments) related to the ERP. This depends on many success factors.
Hi
ERP is more than a SW or a suite of SW components. When a compoany decide to adopt an ERP, than mean that this company did a carrefull analysis on her business needs, the functions and processes that need to be enhanced; and for each function and process the company did a gap analysis between the existing situation and the "to be" situation; then select an integrated solution that is aligned with this need. An ERP is important because it allows companies to have this integrated and centralized suite that covers several business areas (Finance, production, purchaing,....)
Why ERP is so important
Enterprise Resource Planning provides many benefits to business such as
1. Enhance productivity, flexibility and customer responsiveness
By integrated core business processes together in one single application, it helps
company maximize the efficiency of business process across the entire
organization. Plant manufacturing can produces product faster. Increase on time delivery,
Increase productivity, Increase ability to forecast demand to supplies, Increase order
capacity, and improve customer service (Customer Relationship Management (CRM)).
2. Eliminate costs and inefficiencies
Using an ERP system to standardize business processes can dramatically improve
company’s operation. ERP enable company to manage relationship with vendor results in
lower cost for purchased items. Better resource management results in more
inventory turns and decrease the level of inefficiencies.
3. Data consistency
Because an ERP system integrates all business management functions, it
decreases level of inconsistency information from different systems. Thus, by
using ERP system, managers can gather correct information and make a right decision.
4. Extend your business using the Internet
By integrating all business functions together in one system, it increases ability of
a company to use internet as part of the business strategy. Web-enabled technology
allows you to access information, sell product, run business processes, and communicate
with customers and partners at any time and from anywhere in the world.
Project Management is the application of knowledge, skills, tools and
techniques to a broad range of activities in order to meet the requirements of the
particular project. A project is a temporary endeavor undertaken to achieve a particular
aim. Project management knowledge and practices are best described in terms of their
component processes.
to follow-up all activities and growing of all projects , Risks expected and preparing your solutions & Plan to eliminate risks or decrease them and following up which elements not qualified or lose , controlling for cost and time and know the percentage gain or loss for each stage and fix bugs
Automated Bookkeeping, Analyzing.
Comprehensive explanation by Mr. Kareem Saleh. My compliments to him.
I fully agree with the answers been added by EXPERTS...........Thanks.
the name itself telling resources planning:
