Sample Essay on:
Creating Value with ERP Enterprise Resource Planning

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Essay / Research Paper Abstract

(ERP)is becoming more popular, this 17 page paper considers how ERP may be used to create value and why it may sometimes fail. The paper starts by looking at the reasons firms may choose to migrate to an ERP system, the benefits of that system and the potential. The paper then looks at the way the implementation should be managed before considering the way in which a bank has used ERP to create value. The bibliography cites 19 sources.

Page Count:

17 pages (~225 words per page)

File: TS14_TEERPvalue.rtf

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Unformatted sample text from the term paper:

the ability to maximise the use of the data that is available and its success in meeting the goals set for the system. By looking at what the system is meant to achieve and the way in which IT systems are failing to give value we can also consider how that value may be released, including the way existing data is utilised. The idea is that the ability to integrate the different parts of the companies and their systems in order to create a single system that can be used to access the different software sources that can include all of the companys departments from finance to human resources. ERPO may be described as "A cluster of standard functional modules (e.g. accounting, payroll, customer relationship management, manufacturing resources planning, logistics, etc.) connected to a single database. Where any two modules are integrated within a single system, it is considered as an ERP system." (Cap Gemini Ernst and Young, 1999). This can be seen as a development form the older systems where the is a more static and less integrated system can be used, this means companies have a greater level of control, and as such we can start to see why there is the added value and knowledge is values as this enables the company to adapt and maximise modern resources. The value, when it is created, is not as a result of the product itself, like any tool the value is the way it is used. If used efficiently there is little doubt it can add value (Kremers and Van Dissel, 2000). In many cases the adoption of an ERP system is not for ideological reasons where there ...

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