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- Herausgeber: BookRix
- Kategorie: Fachliteratur
- Sprache: Englisch
This research revolves around the impact of Enterprise Resource Planning in Indian industries. The ERP system stands for enterprise resource planning. It is fundamentally a data framework that joins distinctive subsystems into one framework. This operation is called integration. For example, an association has three fundamental data frameworks. The main framework handles HR; the second framework handles finance; and the third framework handles manufacturing. ERP integrate these three subsystems into one system that shares information among these subsystems. In other words, Enterprise Resource Planning (ERP) is described as an "information system package that integrates information and information based processes within and across functional areas in an organization”. The ERP framework ought to enhance efficiency for organization.
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Veröffentlichungsjahr: 2018
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An industry view on turning ERP into a competitive advantage
BookRix GmbH & Co. KG81371 MunichChapter 1 Introduction
ERP plays a vital role in organizations which are in the pursuit of expansion. The business success after implementation of ERP directly contributes to the development of the industries in a country and hence contributes to the development of the nation. The main success factors are Managerial Factors and Technical Factors by H. Gupta (2014)
Managerial Factors can be further classified into the following:
Top Management Commitment and Support
Change Management
Project Champion
BPR and Software Configuration
Business Plan and Vision
Effective Communication and Planning
Post Implementation Evaluation
Risk Management
Focused Performance Measures
Quality Improvement Measures
Organizational Culture
Implementation Cost
Technical Factors can be further classified into the following :-
Software development, crisis management
IT Infrastructure
Selection of ERP
Data Conversion and Integrity
Legacy System Considerations
Vanilla ERP
System Documentation.
To meet the needs of the above mentioned functional requirements, the following tools and applications are mandatorily integrated into the ERP system.
Database Management / Data Warehouse / Information Management ToolsApplications and interfaces with suitable permission control
Workflow Management Tool
Reporting Tool / Dashboard
Communication Tools
Analytical Tools
Resource Allocation & Task Scheduling Tools
An organization can prefer to compete primarily in one of the two ways – either on cost leadership or on production differentiation, in order to produce similar products at a comparatively lower price, or producing a superior product that differs from its competitors. ERP hold the promise of improved business integration and hence improved efficiencies, lower operating costs associated with smaller inventories, lower plant capacities, more efficient transactions and tighter control related to shorter and faster reporting lines. According to the advocates of ERPs they can also facilitate the development of shared centers for processing administrative tasks such as invoice and cheque processing. One ERP advocate (Siriginidi, 2000) has claimed that ERPs can deliver reductions in lead time by 60%, 99% on time shipments, increased inventory turnover, reduced cycle time, better customer satisfaction, increased flexibility, improved information accuracy and improved decision making capability.
An ERP framework empowers an association to coordinate all the essential business processes keeping in mind the end goal to enhance efficiency and maintain a competitive position. Nonetheless, without effective implementation of the system, the projected advantages of enhanced productivity and competitive advantage would not be forthcoming. In its fundamental definition, ERP is an enterprise-wide data framework that coordinates and controls all the business forms in the whole association. ERP frameworks have turned out to be indispensable vital instruments in today's competitive business environment. The ERP framework facilitates the smooth flow of common functional data and practices over the whole organization. What's more, it enhances the performance of the production network and reduces the cycle times. However, without top administration support, having appropriate business strategy and vision, re-engineering business process, successful project administration, client contribution and training or potentially preparing, associations cannot embrace the full advantages of such complex framework and the danger of failure may be at an high state.
This thesis intends to address the competitive priority, level of investment in the Enterprise Resource Planning and turning ERP into competitive advantage Manufacturing Industries.
A structured questionnaire has been developed to qualify the presumptions; the questionnaire which is used in this study has been incorporated with inputs from various sources: most of the questions have been adapted from formerly published works and henceforth, the preliminary draft of the questionnaire was discussed with the academic scholars and practitioners. The questionnaires were administered by post or mail, accompanying a covering letter to a total of 240 industries, out of which 68 industries reverted back with their data. After the compilation and analysis of the received data, investigation has been carried out on the following key points related to the Manufacturing Industries and ERP.
1.) Manufacturing strategy of manufacturing industry
2.) Level of investment on ERP
3.) Effect on manufacturing performance after accomplishment of ERP
4.) Efficiency enhancement of manufacturing industries by adoption of ERP.
The liberalization of the economy has opened new windows of opportunity for the manufacturing sector. An increase in the success of Manufacturing Industries is dependent upon Innovations, Research and Development. It is critical not only to remain competitive but also, a series of other significant advantages could be gained by developing and commercializing of new-age technologies.
1.2 Enterprise Resource Planning
The definitions of Enterprise Resource Planning, which has been adopted by researchers, are often not uniform, and the presence of ambiguity of terms and notations often leads to an unnecessary and unintended controversy in Research. Accordingly this section establishes the position and meaning of the fundamental terms as used in this thesis.
The following classifications have been reviewed and used as background for deriving the definition of Enterprise Resource Planning.
According to Nah and Lau (2001) ERP is “a packaged business software system that enables a company to manage the efficient and effective use of resources (materials, human resources, finance, etc.) by providing a total, integrated solution for the organization‟s information-processing needs”.
