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Designing an ERP System - business, product, process considerations - an overview (MBA Operations)

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MBA Project ID: 554
MBA Project Name: Designing an ERP System - business, product, process considerations - an overview (MBA Operations)
MBA Category: MBA Operations
Project Abstract:
 
Many companies are adopting ERP systems worldwide. As ERP Systems are based on best practices, it is expected that adoption will bring benefits in Efficiency, Usability, Reduced Costs and Centralized Control. ERP covers the techniques and concepts employed for the integrated management of business as a whole, from the view point of the effective use of management resources, to improve the efficiency of an enterprise. That is, this technology attempts to integrate all departments and functions across a company onto a single computer system that can serve each different department’s particular needs. ERP systems are nothing more than generic representations of the way a typical company does business. For a large percentage of ERP customers, ERP designing was their most complicated and costly software project they have undertaken. ERP system designs were done to satisfy companies and/or customers by evolving new ERP business models. Moreover, one of the biggest challenges for ERP is to keep speed with a manufacturing sector that has been rapidly moving from product-centric to customer-centric focus. This change required most ERP vendors to add a variety of functions and modules on their core systems, while the basic design of most ERP systems remained product-centric. In this study, we discuss some of the promising new ERP design and models for process, business that could affect the future of ERP systems and open new market for next generation customers.
Project Report: 65 Pages
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