AN APPRAISAL OF ISSUES FACED BY MANUFACTURING COMPANIES, WHEN SELECTING AN ENTERPRISE RESOURCE PLANNING (ERP) SYSTEM
Journal Title: International Journal of Business and General Management - Year 2018, Vol 7, Issue 1
Abstract
In the modern, competitive, technology driven world, manufacturing companies strive to make the best use of IT, especially the Enterprise Resource Planning (ERP) system, often facing several difficulties while doing so. An ERP system consolidates all business processes into a constant system environment by using a central database and functioning on a common computing platform. ERP selection is a critical investment which is intended to enhance an Organization’s financial, strategical and profitability performance. This study elucidates the major issues faced by manufacturing companies when selecting an appropriate ERP Software. The study conducts a review of related literature and found that manufacturing companies face many issues such as management of cost, time and other resources during ERP software selection. The study concludes that ERP system selection is a challenging phase in an organization’s life which can be simplified by carefully analyzing the issues involved and following the best decision-making processes for making the selection.
Authors and Affiliations
Muhammad Salman Asif
Keywords
Related Articles
- EP ID EP262858
- DOI -
- Views 123
- Downloads 0
THE RELATIONSHIP OF SOME FITNESS PARTS ELEMENTS TO THE PSYCHOLOGICAL COMPATIBILITY OF MARTIAL ART KARATE PLAYERS
In this analysis, interest within the study of fitness and its relationship to the psychological compatibility of athletes, because the aim of the analysis to understand the important levels of athletes still because the...
Adaptation of E-Commerce Channel by MSME in India
Adaption of e-Commerce channel by MSME businesses in India is a study on the use of e-commerce channels by MSME industry and the contribution of this channel to its profitability and success. The study also examines the...
LOGISTICS INFORMATION SYSTEM (LIS) AT PHARMA FIRM – AN EVALUATION
Logistics information systems are a subset of the firm‘s total information system, and it is directed to the particular problems of logistics decision making. The popularity of logistics information systems has grown in...
AN ANALYTICAL INVESTIGATION ON PASSENGER SATISFACTION: A PERCEPTUAL STUDY ON INDIAN RAILWAY
The present study aims to identify the most significant Service Quality Dimensions influencing Railway Passenger Satisfaction, to investigate their influencing level, and to find out the rank of those aforesaid factors i...
A STUDY OF PERCEPTION OF EMPLOYEES REGARDING WORKFORCE DIVERSITY AT SELECTED EDUCATIONAL INSTITUTES IN PUNE CITY
With the recent trends of globalization, organizations are employing a diversified workforce. As many educational institutes have their employees and students coming from different region, religion, experience, the insti...