Types of ERP

SAP, BAAN, JD Edwards, Oracle Financials, Sibel, People Soft. Among all the ERP?s most of the companies implemented or trying to implement SAP because of number of advantages over other ERP packages.There are two types of ERPs1.Horizontal ERP2.Vertical ERPHorizontal ERP:Horizontal ERP will fit for any sort of organization there is no industrial specific ex:SAP,ORACLE AppsVertical ERP:Vertical ERP is Industrial specific this will not fit for all types of industriesex:DTR(Plastic industy),Axis(Steel indust...

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Limitations of ERP

Success depends on the skill and experience of the workforce, including training about how to make the system work correctly. Many companies cut costs by cutting training budgets. Privately owned small enterprises are often undercapitalized, meaning their ERP system is often operated by personnel with inadequate education in ERP in general, such as APICS foundations, and in the particular ERP vendor package being used.Personnel turnover; companies can employ new managers lacking education in the company's ERP system, proposing changes in business practices that are out of synchronization with the best utilization of the...

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Disadvantages of ERP Systems

While advantages usually outweigh disadvantages for most organizations implementing an ERP system, here are some of the most common obstacles experienced: The scope of customization is limited in several circumstancesThe present business processes have to be rethought to make them synchronize with the ERPERP systems can be extremely expensive to implementThere could be lack of continuous technical supportERP systems may be too rigid for specific organizations that are either new or want to move in a new direction in the near fut...

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Advantages of ERP Systems

There are many advantages of implementing an EPR system. A few of them are listed below: A perfectly integrated system chaining all the functional areas togetherThe capability to streamline different organizational processes and workflowsThe ability to effortlessly communicate information across various departmentsImproved efficiency, performance and productivity levelsEnhanced tracking and forecastingImproved customer service and satisfaction...

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What Is ERP

ERP (enterprise resource planning) is an industry term for the broad set of activities that helps a business manage the important parts of its business. The information made available through an ERP system provides visibility for key performance indicators (KPIs) required for meeting corporate objectiv...

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Implementation of an ERP System

Implementing an ERP system in an organization is an extremely complex process. It takes lot of systematic planning, expert consultation and well structured approach. Due to its extensive scope it may even take years to implement in a large organization. Implementing an ERP system will eventually necessitate significant changes on staff and work processes. While it may seem practical for an in-house IT administration to head the project, it is commonly advised that special ERP implementation experts be consulted, since they are specially trained in deploying these kinds of systems. Organizations generally use ERP vendors or consulting...

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ERP Structure

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