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What is the importance of Enterprise Resource Planning (ERP)?

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Question added by Lana Oudeh , PR Coordinator , Al Ghanem
Date Posted: 2015/12/08
Kareem Saleh
by Kareem Saleh , IT and ERP Manager , Beirut Duty Free (PAC,Phoenicia AerRianta)

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.

B. Laayadi
by B. Laayadi , Programme Director & ITO Solution Lead , BULL SA France, Cap Gemini & HP

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,....)

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

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.

Ehab Ramsis Zekri Ghabbour nasr
by Ehab Ramsis Zekri Ghabbour nasr , plant manager , el gabalawy group

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 

Deleted user
by Deleted user

Automated Bookkeeping, Analyzing.

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Comprehensive explanation by Mr. Kareem Saleh. My compliments to him. 

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

I fully agree with the answers been added by EXPERTS...........Thanks.

Raed Mohamed
by Raed Mohamed , Oracle ERP HRMS HCM Consultant , TravoTech

Stability & Reliability is the mos important of all   

Mohsin Abbas
by Mohsin Abbas , Finance Manager , Saudi Power Transformers Company& CG Power Systems

the name itself telling resources planning:

  1. efficiency
  2. delivery of targets.
  3. contingency.
  4. effectiveness of management decision.
  5. cost.

Khaleel Alzoghbieh
by Khaleel Alzoghbieh , System Manager-Opration ( MMS/WMS ) , Abdullah Al-Othaim Markets Group

  1. efficiency
  2. contingency.
  3. effectiveness of management decision.
  4. cost.

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