From the last few years, due to the worldwide financial predicament and due to the tough nature of modern business, all the industry sectors are in search of methods of improving their progression and achieving the competitive benefit in their field whether it is a Large, Medium or Small Enterprise. For many economies Small and Medium sized Enterprises (SMEs) are of significant value, they also meet many challenges in implementing technologies such as Enterprise Resource Planning (ERP) systems, even with a lack of human and financial resources to support such initiatives. Similar to all the other different technological progress, ERP systems were primarily implemented mostly at large enterprises. However there are potential benefits in adoption of ERP by SMEs, which has increased the consciousness and the positive opinion. Due to this saturation of ERP in large enterprises ERP vendors are now focusing mainly on SMEs, this helps in globalization and huge flow of information across and within the SMEs. The risks of adoption rely on only the fact that SMEs have specific characteristics and have limited resources which is different from large enterprises. The main focus of this report is to shed the light on observation of implementation of ERP in Large and Small-Medium Enterprise.
2. Introduction:
Purpose – The purpose of this report is to analyse comparatively across the various industry sectors and the large enterprises versus the Small – Medium Enterprises. The report shows the impact of ERP, adoption, implementation of ERP- critical success factors, Acquisition – factors affecting and criteria of selection.
At the initial time of ERP, it was considered to be difficult by almost all the industry in SME sectors, considering the factors like investing huge ample of money in purchasing the software and installing the hardware, collecting the effective manpower for the implementation of ERP. But with the growth, transformation and