06 Jul ERPEnterprise Resource Planning is to integrate all the core p
ERPEnterprise Resource Planning is to integrate all the core processes needed for a company. They can include HR, Supply chain, services, procurement, manufacturing etc. in a traditional mode business used to have different and individual systems for its different operations which is more complex to manage. ERP will make all the core business functions into one single system to simplify management and to eliminate confusion and errors. These systems will integrate all data centers at different units, based on the inputs given it will mange the operations. By unifying all the processes, we can readily compare the overall performance of the business rather than studying the data separately (Margaret, 2016).What are some examplesExamples of ERP include CRM, product life cycle management, supply chain management, manufacturing and distribution, ware house management, finance, Human resources, decision support system, sales order processing etc.Advantages of ERPo  By using ERP business processes can be optimizedo  Information about different business operations will be more timely and accurateo  The information can be shared between all the components of the business more frequently.o  Unnecessary data management and operations can be eliminatedo  Customer service will be improved by reducing response timeo  It will make the business more competitive and technically advancedo  It will improve performance and save timeHow my company can use ERPI like to use ERP for improving customer service. Since the success of these systems rely upon the proper data integration, I would look for proving constant up to date information into the system (Margaret, 2016).We can even consider integrating EPM (Enterprise Performance Management) and other critical financial systems into the ERP. It will help to know the true picture of business performance from the perspective of customer and sales. This output will assist in taking day-to-day inventory planning and resource management decisions. I would consider integrating ERP with EPM for the following reasons (Margaret, 2016).o  It will increase the accuracy of the resource management, allocation and planning.o  It will improve the quality and reliability of the management and available data.I will first implement EPM software, since it is easier to implement and will take as short as 2 to 3 moths time to roll out. Once it is set well, we can consider using ERP, it is more complex to use than the other ones and will take six to twelve moths to completely integrate into the business (Margaret, 2016) Please use APA throughout in your responses to other posts.Below are additional suggestions on how to respond to your classmatesâ discussions:· Ask a probing question, substantiated with additional background information, evidence or research.· Share an insight from having read your colleaguesâ postings, synthesizing the information to provide new perspectives.· Offer and support an alternative perspective using readings from the classroom or from your own research.· Validate an idea with your own experience and additional research.· Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.· Expand on your colleaguesâ postings by providing additional insights or contrasting perspectives based on readings and evidence.Please write 150 words.
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