1. Project Preparation: This is the initial phase and initial scope, high-level timelines/plans, project charters will be prepared and project team members are identified. You will have a project kick-off meeting where you would discuss prime & subsidiary processes that may involve in the very start of your project. [More]
We have so many ERP systems available in the market, so it is really a difficult task to select the best ERP system that fulfils all or most of the company’s business operations. since ERP implementation is transformational business initiative providing key competitive advantages to your company, the decision should be taken based on systematic evaluation of all the factors associated with the ERP and Business. Whether it is a first ERP implementation or upgrading to a state-of-the-art industry-specific ERP solution, below selection process can help determine if purchasing an ERP solution will be beneficial. This selection process will also help in identifying current obstacles and gaps in the business processes. Company can form an evaluation committee to involve each department to gain enterprise wide visibility and acceptance. [More]
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources.
In Simple terms ERP is a software that is used to manage 5Ms (Man, Materials, Machines, Money and Marketing) of business management.
Why is ERP important to a company? [More]