Albert Smothers Business Research Paper: Synopsis of the Enterprise Resource Planning (ERP) System Enterprise Resource Planning (ERP) System is a software system that supports and automates the business processes by providing timely and accurate enterprise-wide information for decision making (Vemuri & Palvia, 2006). This paper is based on the research article, "Improvement in Operational Efficiency Due to ERP Systems Implementation: Truth or Myth?" by the authors Vijay K. Vemuri and Shailendra
Words: 953 - Pages: 4
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
Words: 2093 - Pages: 9
achieve greater success. 2. EXECUTIVE SUMMARY According to Lee, Moon, and Lee (2006), ERP systems can be used as an integration with existing business systems and processes to assist an organization maintaining its competitive advantage. Consistent identification of such ERP changes or upgrades is essential to improve business processes due to robust technology development. Existing systems could expire and should be upgraded from time to time as business grows considering the ever-changing
Words: 3712 - Pages: 15
Management Information Systems for Tourism Hospitality Organisation Using Management Information Systems for Tourism Hospitality Organisation CONTENTS Introduction to the Project 2 Introduction to McDonald 3 Role of MIS within Tourism and Hospitality context
Words: 6812 - Pages: 28
Background or Introduction Enterprise 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;
Words: 1386 - Pages: 6
Information Technology (IT) solutions to operate successfully and be able to maintain a competitive edge within the market they operate. As a result, many corporations have adopted Information Technology on a large scale by investing in Enterprise Resource Planning systems (ERPs) to accomplish their business transactions and data processing needs. Through the use of technology, various organisations have ventured into more efficient ways of conducting their business operations. Focus has since shifted
Words: 1366 - Pages: 6
irregularities in financial reporting that led to inflated sales figures (Maremont and Rose 1998). Oracle (www.oracle.com) Oracle is the second-largest supplier of software in the world. However, they are perhaps best known for their database system, not their ERP applications. Oracle was founded in 1977 in the United States. Oracle's applications were developed for the U.S. market in 1989 and for the international market in 1993. In 1997, Oracle announced that they were going to market to specific
Words: 1618 - Pages: 7
AGILENT TECHNOLOGIES AND RUSS BERRIE: CHALLENGES OF IMPLEMENTING ERP SYSTEMS The good news is that Agilent Technologies Inc.(www.agilent.com) says its enterprise resource planning applications are stable. The bad news is they got that way only after a rocky ERP migration project that cost the company $105 million in revenue and $70 million in profits. In mid-August 2002, the multinational communications and life sciences company, formerly a part of Hewlett-Packard Co., said problems with the ERP
Words: 418 - Pages: 2
scale Indian enterprises to expand their business operations to other countries by acquiring businesses overseas. The crisis made many such companies change their way of conducting business by adopting sophisticated business practices. Such an initiative has taken them a step closer to their larger business conglomerates in terms of enhanced competitiveness and efficiencies. By implementing enterprise wide information technology (IT) solutions, Indian micro, small and medium scale enterprises (MSMEs)
Words: 1366 - Pages: 6
A Foundation for Understanding Enterprise Resource Planning Systems Abstract This paper is written to discuss Enterprise Resource Planning (ERP). The intent of the paper is to analyze four objectives. The first objective will be analyzing key strategies when implementing an ERP system. This report will explore planning an ERP implementation that can integrate with existing organizational systems or processes, what to develop in-house alongside your ERP process and what may work better for your
Words: 885 - Pages: 4
