Question

What is the purpose of ERP? What problems have been encountered when different companies in different industries have implemented ERP? 3 pages, please and references

Answer 1

Answer:

Purpose of ERP:

Enterprise resource planning( ERP ) systems are programming projects utilized by the association to deal with it's numerous business functions in a successful and composed way. It permits an association to use it's resource's in an optimum manner.

An Enterprise resource planning (ERP) not just aides in maintaining cost and accounting records however it additionally incorporates all the business and sub-business forms into a single unified system. It helps in fast and essential decision making by streamlining a large portion of the association's functions and providing accurate  information to different branches of the association. It likewise helps in the effective execution of the business policies and plans.

Thus an Enterprise resource planning (ERP) has differed preferences for an association which also forms its "Purpose".

Problems brought about by organizations in usage or implementation of ERP systems are as per the following :

1. Selection of ERP item : In the modern world, there are more than 500 unique sorts of ERP system merchants in the market. It is hard to examine with respect to which ERP system is generally appropriate for the association.

2. Implementation and Maintenance Cost : The well known ERP frameworks, for example, SAP and Oracle are over the top expensive. It not just takes a humongous sum for their one time installation however a huge sum or amount is likewise required to be spent yearly on it's repair and updates.

3. Lack of Adequate Training : This is one of the serious issues looked by almost every association or organisation in the execution of ERP frameworks. ERP frameworks are highly unpredictable and they require adequate training for any individual to be able to work on them..

4. Implementation Time : It generally requires a lot of time to actualize or implement an ERP and alter it as per the necessities of the association. For the most part the best employees of the Finance division must be engaged with this procedure which consumes a lot of time of time and which may influence the ordinary everyday activities of the business.

5. Business Philosophy changes : ERP acquires an extraordinary change the manner in which plans and actualizes its policies and systems. This extreme change from the traditional techniques to the advanced innovations doesn't agree with many individuals and may prompt a lot of workers with good potential and information or knowledge to leave the association or organisation.