AN APPRAISAL OF ISSUES FACED BY MANUFACTURING COMPANIES, WHEN SELECTING AN ENTERPRISE RESOURCE PLANNING (ERP) SYSTEM
Journal Title: International Journal of Business and General Management - Year 2018, Vol 7, Issue 1
Abstract
In the modern, competitive, technology driven world, manufacturing companies strive to make the best use of IT, especially the Enterprise Resource Planning (ERP) system, often facing several difficulties while doing so. An ERP system consolidates all business processes into a constant system environment by using a central database and functioning on a common computing platform. ERP selection is a critical investment which is intended to enhance an Organization’s financial, strategical and profitability performance. This study elucidates the major issues faced by manufacturing companies when selecting an appropriate ERP Software. The study conducts a review of related literature and found that manufacturing companies face many issues such as management of cost, time and other resources during ERP software selection. The study concludes that ERP system selection is a challenging phase in an organization’s life which can be simplified by carefully analyzing the issues involved and following the best decision-making processes for making the selection.
Authors and Affiliations
Muhammad Salman Asif
A Study on Corporate Social Responsibility and Emerging Trends in India
Social responsibility has not been raised as a national strategy, and there is not yet a systematic promotion plan. There is no particular standard for this CSR. The government of India has not assigned any authority to...
FACTORS AFFECTING CONSUMER COMMENDATIONS FOR SOLAR EQUIPMENT; AN INTENSIVE STUDY OF SOLAPUR CITY (MAHARASHTRA)
The sun is a powerful source that can help our planet by giving us clean, reusable energy to power our world. The use of this energy is free, does not create pollution, and if used wisely can help us become less dependen...
EFFECTS OF 5S IMPLEMENTATION ON PERFORMANCE OF ORGANIZATION
The aim of this paper is to enhance the understanding of the relationship between the lean practices and the operational and financial performance of the organization. A sample of 100 manufacturing firms shows direct eff...
Perception of Corporate Social Responsibility: Perspective of Young University Students
Nowadays, a new company is claimed because in its actions includes the principles of sustainability of the results, generating satisfaction for all the stakeholders. Corporate Social Responsibility (CSR) seeks to create...
YOUTH POLITICAL CULTURE IN POST REVOLUTION EGYPT AN IMPEDIMENT TO DEMOCRATIC TRANSITION AN EMPIRICAL STUDY
When revolutions erupt in non-democratic societies, they don’t only pursue toppling and ouster of autocratic regimes and replacing them with democratic regimes, but to establish a participant political culture as well. I...