erp cost
ER
Assinment 1
(BCO6603)
ERP cost Factors on 5 modules
Presented by: Shivpaul Singh Jamwal
StudentID: 4502972
(Victoria University)
Introduction
Currently various organisations implemented different systems to improve their productivity for instance ERP, MRP, CRM etc. Nonetheless ERP received much attention in contrast to other systems all because of more efficient, reliable and support in decision making with the organisation modules. ERP is certain combined of different applications which maintain business activities such as order management, cash, purchase orders, production, and payroll of employees, accounting, and logistics and so on. Moreover to reduce operating cost, improving customer services like value added services, to raise productivity, many organizations invoke ERP packages. (Klein & Myers 1999)
More than 180 vendors, such as SAP, Microsoft, Ado nix, MYOB etc. uses ERP packages.
ERP system Advantages for an Organization
Small and Mid-sized organizations are implementing ERP solutions to manage the business plan and efficiencies in productive manner.
Reduce the response time with the help of transfer related information of business work.
Streamline most of the functions performed within an organization or outside the organization as a unit.
Accelerated important decision making in a company which impacts on reliability and efficiency.
Enhanced accuracy in forecasting and master scheduling.
ERP system Disadvantages for an organization
Expertise required for implementation and debugging the programmers in an organization.
Huge investment involved in setup like implementation, maintenance of the software
Problem in understanding of strategic returns of ERP implementation
Sometimes superficial implementation required with a lack of necessary support.
Statement of Purpose: The objective of this assignment is simple to evaluate the cost occurred in ERP packages for e.g. Cost in design
Assinment 1
(BCO6603)
ERP cost Factors on 5 modules
Presented by: Shivpaul Singh Jamwal
StudentID: 4502972
(Victoria University)
Introduction
Currently various organisations implemented different systems to improve their productivity for instance ERP, MRP, CRM etc. Nonetheless ERP received much attention in contrast to other systems all because of more efficient, reliable and support in decision making with the organisation modules. ERP is certain combined of different applications which maintain business activities such as order management, cash, purchase orders, production, and payroll of employees, accounting, and logistics and so on. Moreover to reduce operating cost, improving customer services like value added services, to raise productivity, many organizations invoke ERP packages. (Klein & Myers 1999)
More than 180 vendors, such as SAP, Microsoft, Ado nix, MYOB etc. uses ERP packages.
ERP system Advantages for an Organization
Small and Mid-sized organizations are implementing ERP solutions to manage the business plan and efficiencies in productive manner.
Reduce the response time with the help of transfer related information of business work.
Streamline most of the functions performed within an organization or outside the organization as a unit.
Accelerated important decision making in a company which impacts on reliability and efficiency.
Enhanced accuracy in forecasting and master scheduling.
ERP system Disadvantages for an organization
Expertise required for implementation and debugging the programmers in an organization.
Huge investment involved in setup like implementation, maintenance of the software
Problem in understanding of strategic returns of ERP implementation
Sometimes superficial implementation required with a lack of necessary support.
Statement of Purpose: The objective of this assignment is simple to evaluate the cost occurred in ERP packages for e.g. Cost in design