Review of Professional Management- A Journal of New Delhi Institute of Management

Subodh Kesharwani ¹

Affiliations
1 School of Management Studies, Indira Gandhi National Open University New Delhi 52, IN

Abstract

Presently, a large portion of technology resources is being devoted to complying with ever changing regulatory requirements from a myriad of sources. Being competitive in this scenario requires adoption of new technology and management methodologies, such as just-in-time, electronic data communications, work order-less scheduling, billing, supply chain management, knowledge management, customer relationship management, ERP Systems and many more latest buzzwords which advent from day-by-day. Packaged ERP systems are now incorporating functionality to support these new methodologies as it had got new-fangled approach to integrate & amalgamate in order to bring them under one roof and also to make the process streamlined. This paper explores ERP as an ambivalent technology of power on the one hand; it may tighten management control by bringing a new level of panoptic visibility to organizational activities; on the other hand. The embedded business model within the ERP may drive empowerment of employees and greater control relaxation through the configuration of new process design. For most enterprise, ERP systems are the vital backbone of all of their business transactions and communications, ERP systems nowadays are increasingly becoming beyond simply being the core of transaction processing for large, complex enterprises, they are often the launch pad for entrepreneurial initiatives such as e-business and B2B commerce.

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Subodh Kesharwani ¹

Affiliations
1 School of Management Studies, Indira Gandhi National Open University, New Delhi, IN

Abstract

To compete in this bloodthirsty business world, companies need better information management of the data that will facilitate in analysis of the processes implicated. The conventional software is transfonning into enterprise software, where the system is as smart as the applications. Enterprises are migrating to a vitally newfangled line of attack to streamline their computer systems and business processes, even though many of them unaware why and for what reason they are making this swing. Gigantic business enterprises nowadays rely more than increasingly on the hardware and network infrastructure to hold up their business operations. ERP systems are the workhorse of enterprise computing so that numerous corporate houses have struggled to deploy them on time and inside budget. The proliferation of ERP Systems naturally leads to an intriguing question of products classification, parts purchasing, maintaining inventory, and interacting with supplier and customers. One of the input deliberations in an ERP Systems implementation is the selection of the critical factor for success and failure. As with any software selection process, it's obligatory to establish a basic framework where one can do certain homework from the grassischolar_mains before to come across at package solutions. Enterprises are nonetheless having a intricate time in integrating and correlating data from various software applications and are looking forward to a single application, this is where the enterprise can employ ERP software. In this paper, a framework for evaluating ERP systems critical factor for success is proposed. The results may be constructive for ERP vendors to enhance their products strategy and facilitates users to review most suitable ERP systems products, which can become tailor-made and also suits their requirements. The paper also highlights the repercussion that may take place after an ERP system had been Implemented. ERP systems are the mission-critical backbone through which a large amount, if not all business transactions flow and create a rock-hard standing in an upcoming cutting edge atmosphere. This paper also tries to speak with reference to the factors that should be considered while migrating to an ERP system. As enterprise endeavors to get better the efficiency of their business functions, they must constantly appraise their ERP systems, integrate new packages or modules as and when required, and secure support from key stakeholders. Notwithstanding the benefits that can be accomplished from a successful ERP system implementation, there is by now proof of high failure risks in ERP Systems implementation projects. Moreover frequently, project managers emphasise chiefly on the technical and financial aspects of the implementation project, while ignoring or locating a lesser amount of attempt on the non-technical issues. Consequently, one of the most important research agenda in ERP systems nowadays is the study of ERP Systems implementation success. A typical approach used to describe and assess ERP System implementation success has been critical success factors approach. Along this line, author tries to add an understanding of the critical success factors of ERP systems implementations and how these factors can be put into practice an ERP System implementations so as to get a pragmatic flavour and fabricate a consensus and derive a unified model.

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