What good is ERP to me?
To achieve success in today's business climate you must do
more than provide high quality low cost products to customers when and
how they want them. Customers and suppliers require fully integrated
information - throughout the supply chain or value chain. You must
integrate your organization so completely that executive decisions are
Competitive pressures often cause a reduction in prices,
in spite of continually rising costs. A decrease in prices paired with
increased costs quickly eliminates any profitability and threatens your
company's ability to survive.
This is where Enterprise Resources Planning (ERP) comes into help:
- Inventory Reduction
- Improved Cash Management
- Increased Revenue and
- Reduced Transportation
and Logistics Costs
- Reduced Information
Technology (IT) Costs
Intangible benefits include unanticipated cost reductions,
improved responsiveness to customers, more flexibility, and more
effective management of the supply chain.
ERP projects can sometimes
cost millions of dollars. Nevertheless, the payback is high... ERP systems can provide
you the reliable, integrated data infrastructure you need to more easily
access corporate data and, consequently, manage you
business more effectively. You should plan your ERP implementations
carefully and devote adequate resources to the projects to gain the most
benefits from your investments and ensure the systems are installed
within your planned schedule and budget.