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What is an ERP? Discuss the advantages and disadvantages of ERP.

Also, list various business

modules of an ERP implementation.

Ans:-›


3 at is a company-wide computer software system used to manage and coordinateall the
resources,ormato, and uctosoausess from shareddatastores.
3 ERP relates to thetegratedsotwarerastructure that supports the entire company
business process.
3 ERP refers to a view of a company and all its parts as connected whole, rather than small
silos of activity

The term of ERP is originally derived from Manufacturing Resource Planning (MRP aa and
Material Requirements Planning (MRP .

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3 The most important advantages of ERP is its accounting applications.

3 ERP can be useful in helping a company find the best design process.
3 ERP can be useful is order tracking.
3 ERP can also be responsible for altering how a product is manufactured.
3 ERP keep better track of their products & produced with a higher level of quality.
3 at can protect a company against crimes such as embezzlement or industrial espionage.

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3 The biggest disadvantages of ERP technology is the cost.

3 The employees must be continually trained on how to use it.
3 at is hard to customize.
3 at must be modified to suit their needs, and this process can be both expensive and
tedious.
3 When a company does begin changing the system, they are limited in what they can do.


c  Discuss the ERP implementation Life Cycle in detail.

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ackages
A team of Experts with specialized knowledge in their respective field will be asked to make the
study on the basis of various parameters. Each expert will not only test and certify if the package
is apt for the range of application in their field but also confirm the level of coordination that the
software will help to achieve in working with other departments. an simple terms they will verify
if the synergy of the various departments due to the advent of ERP will lead to an increased
output. A choice is to be made from ERP implementation models.

repargorthe eture
This stage is aimed at defining the implementation of ERP in all measures. at will lay down the
stipulations and criteria to be met. A team of officers will take care of this, who will report to the
person of the highest hierarchy in the organization.

apRalyss
This stage helps the company to identify the gaps that has to be bridged, so that the companys
practice becomes akin to ERP environment. This has been reported as an expensive procedure
but it is inevitable. The conglomerate will decide to restructure the business or make any other
alterations as suggested by GAP analysis inorder to make ERP user friendly. Click here for a
detailed study on GAP analysis. A choice is to be made from ERP implementation models.

usessprocessreegeerg
Changes in employee rolls, business process and technical details find place in this phase of
restructuring most popularly referred as business process engineering. For more details on BPR
click here.

esggtheystem
This step requires lot of meticulous planning and deliberate action. This step helps to decide and
conclude the areas where restricting have to be carried on. A choice is to be made from ERP
implementation models.


houseudace
This is regarded as a very important step in ERP implementation. The employees in the company
are trained to face crisis and make minor corrections as well because the company can neither be
at liberty nor afford the bounty to avail the services of an ERP vendor at all times. For more
details on ERP training click here.

heckg
This stage observes and tests the authenticity of the use. The system is subjected to the wildest
tests possible so that it ensures proper usage and justifies the costs incurred. This is seen as a test
for ERP implementation.

herealtest
At this stage the replacement takes place viz the new mechanism of operation and administration
takes over the older one.
repargtheemployeestouse
The employees in the organization will be taught to make use of the system in the day to day and
regular basis so as to make sure that it becomes a part of the system in the organization.

ostmplemetato
The process of implementation will find meaning only when there is regular follow up and
proper instruction flow thereafter and through the lifetime of ERP. This will include all
efforts and steps taken to update and attain better benefits once the system is implemented.
Hence an organization has to perform ERP implementation safely and correctly.

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Discuss in brief about various ERP vendors along with their place in market.

Rs
 Vendors are the people who have develop the ERP packages. They are the people who
have invested huge amount of time and effort in research and development to create the
packaged solution. The vendor should supply the product and its documentation as soon as the
contract is signed. Once the contract has been exchanged the vendor will guide the company
through a series of events culminating in the use of the tool. The vendor is responsible for fixing
any problem that the implementation team encounters in the software. Another role of vendor
has to play is that of the trainer to provide the initial training for the company, key users, people
who will play lead roles in the implementation of the system.