Wednesday, May 11, 2016
Does ERP fit in all businesses?
Enterprise Resource Planning (ERP) system is used in almost any type of organization. It doesn't matter whether it's large, small or what industry it falls in. The main goal of ERP is to integrate data and processes from all areas of the organization and unify it, to provide ease of access and an efficient work flow. ERP Systems usually accomplish this through one single database that employs multiple software modules.
ERP systems can cover more than two functions and integrate them into one unified Data Base. Human Resources, Supply Chain Management, Customer Relations Management, Financial, Manufacturing functions and Warehouse Management functions can be found on modern companies under one umbrella - the ERP system.
In today's competitive business environment ERP is becoming a essential business application for most of the organizations.
The reason behind this is, for any business success depends on having the ability to keep pace with rapidly changing customer and industry demands and execute in a short amount of time, the ability to quickly seize new opportunities and the flexibility to achieve sustainable business growth.
In the changing business environment, the time available for an organization to react to the market trend is very short. To survive, the organization must act quickly, gathering and analyzing the data - both internal and external. Any mechanism that will automate this information gathering and analysis process will enhance the chances of the organization to beat the competition
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