Lessons to learn from failed ERP implementations
ERP implementation is a massive decision for any business big or small. It is a decision which can potentially make or break the future of the organization. While undertaking an implementation project, there is invariably a lot at stake – multi-million dollars, precious time, manpower, and other organizational resources. One mistake, and everything goes down […]
How an ERP helps in Improving the Competitiveness of a Firm?
Regardless of the industry type and the business size, major objectives of almost all the manufacturing businesses remain same. Streamlined business processes, improved productivity & efficiency, enhanced visibility across the different business functions, reduced risks as well as costs, and improved compliance, is what most of the businesses aspire for. And while the phrasing may […]
Important Questions to Ask if You are Considering SAP Business One
If you are in a manufacturing business, you strive to have a thorough understanding of your day-to-day business activities such as cash flow, inventory levels, sales orders, production orders, etc., as it is this very knowledge which allows you to run your operations smoothly and make informed decisions for your business. However, it is virtually […]
Difference between ERP Installation v/s Implementation
Putting it in simple words, there’s a huge difference between ERP software installation and implementation. A software installation is a pretty basic step, which includes just the installation of the software through a CD or downloading it from the internet. It takes little time (not more than an hour, mostly) and does not involve any complexity. Implementation, on the other […]
A Work Breakdown Structure for Implementing and Costing an ERP Project
Though Enterprise Resource Planning (ERP) projects have been referred to as a business operating system that enables better resource planning, improved delivery of value-added products and services to customers, still there remain many significant factors that influence its purchase decisions. Some of the major factors that decide the fate of an ERP implementation in any […]