To start your research journey into ERP solutions and what would best suit your business requirements, lets discuss what ERP is and what it can do for your business:
Enterprise Resource Planning (ERP) is the activities within an organisation that helps manage the day to day business. The goal of an ERP solution is to maintain and improve the flow of information so the business can make real decisions with real time data. Many if not all functions within your organisation will be impacted by the implementation of an ERP solution and this is why getting the correct system is imperative.
ERP software have modules that look after the following functions:
|Financial Management||Production Management MRP||Product Data Management|
|Planning & Scheduling||Shop Floor Operatives||Supply Chain Management|
|Project Management||Service Management||Governance, Risk & Compliance|
|Global Business Management||Human Resource Management (HRM)||Customer Relationship Management (CRM)
|Business Intelligence (BI)||Executive Dashboards||Real Time Reporting|
Your ERP solution must cater for any integrations to existing (non replaceable) systems such as CAD and as such can cause some considerable process re-engineering, retraining and change management – make sure your implementation consultants can show leadership in this area to aid your personnel to maximise the benefits of the new ERP system.
When you are building your business case for ERP we would suggest clicking on the five key areas below for the key benefits that you can apply to your organisation and the functions within: