ERP : Why It's Your Business Valuable Asset!
- W3 Eden
- Aug 16, 2017
- No Comments
Think that as a modern-day Robinson Crusoe, you are cast away on a remote tropical isl&. What would be the three things that you would take along with you?" I would guess that each person would give a distinct answer to this question. On the other h&, if we said "We are embarking on a journey of ERP implementation; what would be the three items that you would take along with you?", The answers probably would not differ too much. We will discuss here the reasons why.
First & foremost, a proper ERP outcome will be required. For the companies embarking on an implementation, the primary task should always be the selection of the suitable ERP software. & for this, organizations should accurately determine their requirements & then start a selection process for the software product that will match up with their needs.
The requirements list is usually covered by the most difficult problems faced by the organization, such as the inability to accurately track inventory, failure to determine supplies needs in an accurate & timely fashion, not being able to reach deadlines promised to customers, not making optimal use of resources at hand, including equipment & personnel, lack of clarity into real product costs, not getting consent from customer in a timely manner, failure to obtain accurate profit & loss data, & inability to put together realistic budgets... & the list goes on. Organizations that want to overcome these problems will be looking for an
ERP product that will meet their needs in short order, one that will be customized with ease & integrate well with other systems. Such an ERP system will be secure, & the reports obtained from the system will allow the organization to perform better analysis, allowing it to execute more accurate forecasts.
As the second requirement for your ERP implementation, you will need a competent project team. Let's assume that you decided on the ERP product that matches your requirements in the best way possible. This software will not magically install & configure on its own. For the ERP product to be customized in the best possible manner, a "Project Team" will be required, composed of team members from both the customer side & the firm providing consulting for the project implementation.
The more in tune the members of the two teams are with each other, & the more they can work in harmony, the higher will be the chance for the profit of the implementation. The capability of this team to determine accurate & permanent solutions that meet the requirements, & the problem-solving skills of the team during the analysis & design phases, will further assess the accomplishments of the project.
And of course, as the third & final item, you will need hardware on which you will be installing your ERP configuration, which will most likely be in the form of a server platform.