Key features of ERP ERP systems transform disparate, complex, and fragmentary sets of data into a clear and logically structured format which facilitates decision- makers to action the material in a speedy manner. ERP also facilitates sophisticated processes which enable firms to undertake complex volume and timing decisions relating both to the present and future Slack:
Some challenges to implementing ERP include substantial costs licensing fees and consulting fees danger of eroding competitive advantage processes possible lower flexibility ERP not customizable vendor dependence for maintenance support tisk and complexity of replacing legacy systems no good industry option for ERP available options are too generic ERP Solutions in Today's Organization ERP has been a widely accepted business practice since the s.
Vendor ERP systems allowed for enterprise integration of many core functions that are a part of many organizations, regardless of industry. Companies in industries as different as manufacturing and insurance share common functional areas, such as human resources, accounting, and project management.
Generic administrative back office functions are one part of an ERP system that has been successfully implemented by companies.
The other part of the ERP system handles the core-business processes and is highly dependent upon the Erp research papers of the specific industry.
ERP system vendors such as SAP and Oracle are facing challenges in several areas as their products evolve to serve ever more specialized industries with their more generic applications.
Some of the challenges that ERP system vendors have faced face include Katz, the following: Vendors struggled to make their suites web serviceable. Service oriented architecture relegated ERP systems to a component of system architecture rather than a core application.
Vendors faced growing pressure from cheaper offshore vendors who could develop cheaper, more customized options commodity pieces of ERP Vendors offered split models of ERP systems Generic offerings, such as accounting or human resources, became available.
Specialized services were offered via middleware applications ERP systems have been most threatened by SOA, which have been introduced in large organizations. Large companies have more money and resources to implement middleware solutions and build sophisticated applications on top of their ERP backbone.
Small companies still use vendor ERP systems and rely on vendor upgrades to add functionality at the functional level. As more small and medium enterprises SMEs adopt ERP systems, vendors will offer more middleware to allow for customization. The purchase of the application, maintenance costs, upgrade costs, training, and IT support are just a few of the costs associated with implementing an ERP system.
ERP systems serve as the core process infrastructure for many companies; in other companiess, the ERP system will serve as a process backbone for a larger service-oriented architecture system.
In either case, the investment in ERP systems is The entire section is 3, words. Unlock This Study Guide Now Start your hour free trial to unlock this page Enterprise Resource Planning study guide and get instant access to the following: Research Paper Starter You'll also get access to more than 30, additional guides andHomework Help questions answered by our experts.Apr 25, · Warning!!!
All free online research papers, research paper samples and example research papers on ERP topics are plagiarized and cannot be fully used in your high school, college or university education.
Request PDF on ResearchGate | A Survey on the Recent Literature on ERP Systems | The research literature on ERP systems has exponentially grown in recent years.
In . What is an ERP (Enterprise Resource Planning) system? ERP is the latest technological incarnation in the developmental history of „planning and control‟-based systems, which were originally designed to cope with the difficult task of effectively managing the information resources of firms.
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Part of theManagement Information Systems Commons, and theOperations Research, Systems journal papers for public benefits. This article is a review of the literature on ERP Enterprise Resource Planning (ERP): a review of the literature ERP imposes its own login on the organization and becomes a powerful actor in the organization.
If the actor is not managed tightly, the functions of the ERP system will tends to drift. Understanding of such factors helps in planning and conducting assurance engagements research. management.