...“Discuss the contribution of Actor-Network Theory to our understanding of management accounting and control in organisations that have adopted ERPS technologies.” Over the past decade, management accounting has seen an extraordinary rise in technology driven innovations, whereby Hyvonen (2008) explains how this has contributed to the emergence of virtual organisations. The power of ICT plays a pivotal role in many organisations, through providing a basis for managing efficient operations and formulating corporate strategy. Moreover, Bhimani et al (2008) explains how ICT provides the opportunity to alleviate the problems associated with information flows in organisations with fragmented information systems. In practice, Hyvonen (2008) notes that the centralised control of large organisations requires ICT systems that make the periphery visible to the centre. The enterprise wide resource planning system (ERP System) is an example of an ICT system which coordinates all the resources, activities and corporate information of an organisation into one central database that collects data and feeds it into multiple applications that support all business activities of an organisation. Furthermore, it has been suggested that such systems facilitate unprecedented levels of organisational integration (Dechow and Mouritsen, 2005) and thus ERP systems have provided a new platform for organisations to thrive and develop a competitive advantage. Actor-Network Theory is a constructivist and...
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...Victoria University Strategic Use of ERP Systems KHALED EL HAKIM Paul Hawking BCO6615 5-04-2014 INTRODUCTION Enterprise Resource Planning (ERP) system involves the use of multiple software modules that are transaction based to help an organization manage its business operations. It integrates organization's processes into a single solution through the centralization of a database of all the functional areas of the business. This system is now applicable not only to the enterprise-sized companies, but also smaller growing businesses and mid-sized established organizations. Most companies have customized systems to fit their desired business goals. ERP remains one of the most preferred solutions for most organizations; however, other alternative systems like SAP are also available with unique features and qualities. Organizations spend a lot on extensive research to improve these systems in an effort to achieve their desired goals (Su, Y-fen & Yang, 2010, 76). However, less has been undertaken to improve ERP to achieve competitive dominance in the market. This essay examines the possible, the possible ways by which a company can effectively use ERP to achieve dominance in the competitive market. The paper also highlights some of the case studies of companies that have proven the capability of ERP to achieve competitive differentiation on situations of similar business processes and availability of alternative technologies. Customization Several studies carried...
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...produce not only a better and more reliable product but also providing a better customer service. These can only be achieved through developing a better information system, a highly reliable infrastructure and a more efficient management system. ERP Systems born to help the different parts of the organization share data and knowledge, reduce costs, and improve management of business processes. A widely known critical success factor for effective ERP or large IT projects is organizational change management. ERP implementations are not mere Technology Platform changes, but with cascading effects all across the Organization, including business process and organization Structure. This assignment will observe the needs of “change management” in correlation with ERP Implementation and how “change management” plays significant roles in developing an integrated Enterprise system. I focus the ERP implementation process of ABC Co., Ltd which is a market leader of electric household products manufacturing. This paper tends to explore the detail reflection of change management in ERP implementation together with challenges, overcoming resistance to change and change strategies of ABC Co., Ltd . Methodology This paper is a case study of ABC Co., Ltd from an inside-out perspective of change management process in ERP...
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...Implementation of Enterprise Resource Planning (ERP) systems in textile companies of Pakistan The term ERP originally implied systems designed to plan the utilization of enterprise-wide resources. Although the acronym ERP originated in the manufacturing environment, today’s use of the term ERP systems has much broader scope. ERP systems typically attempt to cover all basic functions of an organization, regardless of the organization’s business or charter. Business, non-profit organizations, non governmental organizations, governments, and other large entities utilize ERP systems. ERP systems aimed to manage efficiently all aspect of enterprise-wide data. Application of ERP systems are not only used in manufacturing industries but also services industries like banks financial institutions, hospitals, airlines etc. In early 1950s, when world manufacturing industry was booming and becoming global, the manual planning was becoming very difficult. Next was the stage of mass customization of products where the variability in manufacturing highly increased and added tremendous burden on planning. It became very difficult to manage and plan the material flow in the production systems. Even the best production planners and managers could not get hold of the management and material aspect of the manufacturing. Then the Material Requirement Planning (MRP) systems were introduced in 1970s. These are IT systems; combination of software and hardware, used to manage and plan materials...
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...[pic] Homework Questions 1. What is the Brose Groups business and what are the critical success factors (CSF’s) in a business like Brose’s? [lists] What is there business: • Automotive Supplier • Turnover of 4 billion (2011) • Founded 1908 • Product: Car Parts • International (25 different countries) • Private Company (family owned) • Headquarters in Germany • Supplies over 40 auto brands • 14,000 employees Critical success factors: • 1990s acquisition of existing companies • acquired a wide range of functional software applications • Later standardize operations • R/3, an ERP application licensed by SAP • Supports over a 1000 business processes |Benefits of Functional Application Software |Risks of functional application software | |No reengineering of structure and existing processes needed |Software does not align with all of Brose business processes | |Employees able to handle |Less oversight and measure of business process | |No additional training is needed for new software |No real-time reports and process value chain integration | |Lower costs in short term |Not able to accumulate comprehensive...
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...Resource Planning system or ERP has been adopted by a lot of companies. It is necessary to adopt an ERP system in order to maintain control of operations and to compete with other peers. Successful implementation of Enterprise Resource Planning system allows an organization to achieve business innovations and provide an integrated view of all business processes in an entity. However, an ERP implementation is very money costing and could be risky for all businesses; sometimes it is even more challenging for small businesses (Malhotra, Temponi, 2010). The number of companies that have implemented ERP systems and integrated with enterprise systems completely and successfully is limited. Integration between ERP and Enterprise Systems So, what is the difference between ERP and enterprise systems? ERP is actually business application software that offers solutions to different departments in a company as multifunction modules; whereas Enterprise Systems can include ERP, Supply Chain Management (SCM), Customer Relationship Management (CRM), etc. Enterprise Resource Planning software is implemented to enhance a company’s internal functions; whereas Enterprise Systems are implemented to better run the external functions and suppliers, customers and so on. Consequently, there is a necessity to well integrate ERP and Enterprise Systems. In recent years, many researchers and practitioners have considered the continuing development of enterprise resource planning (ERP) systems as one of the...
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...ERP Timeline Michael Benitez CMGT / 556 October 03, 2011 Jeffery Doolin Abstract According to Systems-ERP, ERP (Enterprise Resource Planning) “is the evolution of Manufacturing Requirements Planning (MRP) II. From business perspective, ERP has expanded from coordination of manufacturing processes to the integration of enterprise-wide backend processes. From technological aspect, ERP has evolved from legacy implementation to more flexible tiered client-server architecture” (History and Evolution of ERP). MRP’s contributions greatly impacted the modern business world as its concepts have been utilized to developed tools that will aid companies to cope with success. Although MRP is considered costly and requires a lot of man power but its benefits outweighed its disadvantages. Since man’s instinct is to move forward finding new ways to evolve same scenario happened with MRP solutions as new solutions was made to mimic and yet provides more benefits and flexibility, thus the birth of the evolved version of MRP II is ERP. According to Systems-ERP.com… (History and Evolution of ERP). ERP Timeline As time passes so as man’s ingenuity and innovation…throughout the year’s businessman, entrepreneurs, traders, business analyst and etc. are often struggling to find new ways to cope with the change of economy and its needs and to stay competitive amongst other companies. Those innovations that are called tools of the trade are often enhanced and/or sometimes replaced by new and...
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...Accounting Information Systems Enterprise Resource Planning Table of Contents Introduction……………………………………………………………………..…3 History……………………………………………………………………………..4 Characteristics……………………………………………………………………5 Advantages………………………………………………………………………..6 Disadvantages……………………………………………………………………7 Success & Failures……………………………………………………………….8 Future……………………………………………………………………………...9 Conclusion……………………………………………………………………….10 Work Cited……………………………………………………………………….11 Introduction The 20th century has brought unparalleled breakthroughs and advantages for the world of business and commerce. Throughout all the changes, one thing has always remained constant, the desire to be the best and fastest organization for delivering products and information. There is constant struggle to develop strategies, ideas, software, programs and endless other activities to achieve this desired level of perfection. Every business wishes to be able to deliver the optimal service at the fastest times. The business process has remained relatively the same for generations. All business is separated into different components or areas of expertise. These are the processes that happen between the customer and the actual supplier. Until recently these different areas worked as silo operations. They are the division of enterprises into functional areas such that different activities occur in different parts of the enterprises. They are referenced to as stovepipes, for the fact the information stays with each enterprise...
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...Enterprise resource planning in the global marketplace, advantages and limitations Name: Michael Yin Course: OPM-5050 Professor: R. Levary Abstract Enterprise Resource Planning (ERP) is one of the major issues the modern-day entrepreneurial world. This paper discusses ERP in details and extensively. The paper introduces ERP by giving background information, discusses the evolution of ERP systems, analyses the advantages and limitations of ERP systems, and concludes by giving a summary of the important aspects of ERP discussed. Enterprise resource planning in the global marketplace, advantages and limitations Introduction The entrepreneurial scene and global market have become more vibrant in the recent years, and for this reason, there have been debates and concerns on how enterprises and companies should enhance their competitiveness and agility. The greatest concern in the business world is profitability, and in accomplishing this, enterprises have put in place strategies and measures that gradually help make strides towards the desired direction. Another primary focus of enterprises is to see an improvement of their business agility and to accomplish this, enhancements have been made including efficiency of production, product and service quality, as well as response time to consumers. A fundamental aspect of the accomplishment of the mentioned enhancements and objectives is information technology. As much as its installation and implementation in enterprises is costly...
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...Microsoft Advances Successful, Two-Tier ERP Strategy with Powerful, New ERP Sol ution Brief business description Microsoft is said to be the world’s largest software company which started in the United States. According to the newsletter Microsoft – History of a Computing Giant by Mary Bellis, Microsoft was founded in 1975 by Paul Allen and Bill Gates. With nearly 90,000 employees and 110 subsidiaries worldwide, Microsoft needed to replace its diverse expense-reporting systems with a single, centrally managed solution that was easier to use and yielded more consistent, detailed information. This was an opportunity to extend the company’s two-tier ERP strategy, standardizing on Microsoft Dynamics AX for operational units and integrating with the SAP system for corporate financial accounting. The Finance Operations team and Microsoft IT collaborated with the product group to implement Microsoft Dynamics AX 2012 as the standard solution. In doing so, Microsoft performed a repeatable deployment scenario that can be of value for many enterprises. What’s more, Microsoft uses the solution as an “innovation layer” to complement the company’s SAP system, enabling faster rollout of timesaving functions to employees throughout the organization. It also design and sell hardware including the Xbox 360 gaming and entertainment console, Kinect for Xbox 360, Xbox 360 accessories, and Microsoft PC hardware products. Microsoft provides consulting and product and solution support services...
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...WHAT IS ERP? Enterprise resource planning (ERP) is a system that integrates planning, manufacturing, distribution, shipping, and accounting functions into a single system, designed to serve the needs of each different department within the enterprise. WHAT ARE THE ADVANTAGES OF ERP?? The fundamental benefit of ERP is that by integrating the myriad processes by which businesses operate, it saves time and expense. Decisions can be quicker and with fewer errors. Data is visible across the organization. Tasks that benefit from this integration include. ▪ Sales forecasting, which allows inventory optimization ▪ Order tracking, from acceptance through fulfillment ▪ Revenue tracking, from invoice through cash receipt ▪ Matching purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced) ERP systems centralize data. Benefits of this include: ▪ No synchronizing changes between multiple systems - consolidation of finance, marketing and sales, human resource, and manufacturing applications ▪ Enables standard product naming/coding. ▪ Provides comprehensive view of the enterprise (no "islands of information"). Makes real–time information available to management anywhere, anytime to make proper decisions. ▪ Protects sensitive data by consolidating multiple security systems into a single structure. WHICH ARE THE COMPANIES WHICH ARE USING ERP?? ➢ PrimeTech Software ➢ CD Tech Innovation pvt ltd ...
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...Startup | A/C | ●Attractive compensation for "Hukou" to hold talents ●Green Light" to satisfy employees ●“Five winner sons” method to motivate staff | ●Financial application based on Windows 95 ●Success in securing venture capital | Rapid Growth | ERP | New core value "care, integrity and innovation" to keep innovation | ●Changes in ERP products ●IPO and acquisition | Strategic Turnaround | Saas | “People Culture” to strength team-work under corporate policies | ●Strategic cooperation with IBM ● Evolving into B2B e-commerce platform | Management competence: * Entrepreneurial Period: 1992-1998 1. Attractive compensation for “Hukou” to hold talents Kingdee, like its competitors, is extremely knowledge intensive. This characteristic is determined by the nature of software industry. Actually, before Kingdee was formally founded, since the “Aipu” stage, Robert Xu, Kingdee’s chairman, has realized the importance of his employees. When Kingdee was still called “Aipu” in 1992, the company was not qualified to grant “Hukou” to its engineers. This disabled Aipu to retain qualified employees for long service terms. In consideration that engineers are the most important assets for the company and CEO’s high attention on technical innovations, Kingdee attracted and held talented people basically by attractive compensation. This decision helps the company rapidly dominate the emerging low-concentration market. 2. “Green Light” to satisfy employees After Kingdee was formally founded...
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...Words: 5023 Information Systems Study For Bandon Group Inc. 1. Introductions Bandon Group is a family owned distributor of office equipment. It is famous for its good customer service, technical support, and innovative products, and excellent in providing products with quality and services at cost-effective price. The Group now has four divisions, and they decentralize to meet the different needs of their local markets. Corporate headquarters handles the central administrations and information systems support. The primary objective of Bandon Group is to generate 10% profit for the reinvestment. They hope to establish excellent sales organization and professional service organization. To achieve these goals, Bandon Group has taken many measures. As to the information systems, they have administrative information systems, most of which are generic, and in which the meter click billing software unique for industries. However, the legacy system can not satisfy its growth and expansion now. Their director of information technology has searched for commercial off-the shelf package to support the administrative information system, and selected OMD. The OMD system supports meter-based billing, and has Web-based interface. However, it is not built with relational database, which makes the ad hoc difficult. Sales tools of Bandon Group such as sales prospecting still have many problems to be solved. The current information systems still lack integration and create...
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...SAP’s ERP Solutions Introduction Today’s highly competitive global business arena has become an environment where companies face numerous obstacles and challenges. In an attempt to adapt to rapidly evolving business needs, Enterprise Resource Planning systems, more commonly referred to as ERP, were developed. Simply put, an ERP system is a set of software modules that handle the core functions of a business. Various functions that include a wide range of business applications are integrated into one system that allows them to communicate seamlessly in order to provide reliable, real-time information to base business decisions upon. No matter what marketplace a company operates in, there is a need to have precise and accurate information which provides keen insight that allow for swift, flexible, and efficient actions. SAP, one of the pioneers of ERP software, is one of the industry leaders that specialize in providing solutions to meet the ever evolving ERP demands of modern business. Their goal is to provide products that consistently deliver high quality solutions in the form of software applications that help businesses operate more efficiently in their daily activities (Quality Vision, n.d.). SAP’s sole focus is on the development of superior enterprise applications which has allowed them to maintain its customer base for over 40 years. Like many other ERP solutions, SAP offers a variety of products that can be scaled and tailored to meet the needs of the firm...
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...Analyzing SAP ERP's success in TISCO The critical success factors of ERP systems mainly include proper implementation and usage. Beside this there are several other factors that decide the regular functioning of ERP in organizations. While many organizations have not incurred the necessary benefit in terms of money and other measures there are lots who have witnessed multiple profits. Studying them will help in understanding the critical success factors for ERP implementation. They will help in deciding ERP success. TISCO PROFILE This company founded and established in the year 1907 is known to be one of the leading steel giants in the country offering multiple products and successfully running many subsidiary corporations. Being a large entity does not stop things from being subject to scrutiny and internal audit. They are regularly implemented with the help of committees who report to the selected members from the senior management. The company is dedicated to providing laudable services to the stakeholders improve on the quality and as thrive for innovations and improvements constantly. BACKGROUND TATA steel is India’s largest integrated private sector steel company that started its corporate journey in the year 1907. Backed by captive iron ore and coalmines, Tata Steel runs state-of-the-art Cold Rolling Mill complex at Jamshedpur, Eastern India. The enterprise has undergone a modernization programme costing $2.3 billion, resulting in production of steel at...
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