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Table of Content
Introduction - 3 -
Advantages of ERP - 4 -
Disadvantages of ERP - 5 -
Conclusion of advantages and disadvantages - 6 -
Successful ERP implementation - 7 -
Failed ERP implementation - 8 -
Conclusion - 10 -
List of references - 12 -
Introduction
For this essay I have chosen the analysis of the ERP system. In the last few weeks we have been focusing mainly on ERP and discussing it, therefore I have chosen it. I believe that this assignment will help me find out how well I have mastered the understanding of the ERP system.
This essay is going to be provide a clear overview on how a specific company has integrated the system of ERP in their supply chain management and discuss the ups and downs of them.
First I will begin by analyzing and explaining the main advantages and the main disadvantages of integrating the ERP system into a company’s supply chain management. Then I will use an example of a company that has integrated ERP into their supply chain management with success and a company in which it did not work beneficial. And last, I will give my own conclusion based on this information.
Advantages of ERP
The biggest advantage of an ERP system is inventory control which leads to total cost reduction and lead time reduction.. Since ERP is a uniform platform it ensures that there in no uncertainty in the information that is processed.
To have a better understanding of the advantages of implementing an ERP system, it is wise to categorize them.
Industry wise advantages
-Manufacturing Sector: Speeding up the whole process.
-Distribution and retail Stores: Accessing the status of the goods
-Transport Sector: Transmit commodities through online transactions.
-Project Service industry: Fastens the compilation of reports.
Corporate advantages:
The accounts department personnel can act independently. They don 't have to be behind the technical