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Group 8's Presentation Group 8's Presentation Presentation Transcript

  • Enterprise Resource Planning Jill Clifford Meaghan Flaherty Tiffany O’Brien Christopher O’Malley
  • Old v. New
    • Legacy systems
      • old and mixed languages
      • inefficient
    • Traditional databases
      • not user friendly
      • not web enabled
    • ERP -the way to go!
  • ERP Definition
    • Automates the business process by integrating information across the company and eliminating complex links between computer systems. It is easily understood software that mirrors the organization
  • Chain Reaction Production/ Procurement Sales/Distribution Financial & Human Resources = Healthy Operations All Around
  •  
  • 70% of companies launch e-commerce applications that are not integrated with their brick and mortar business practices
  • Key Players
  • Choosing Your Vendor
    • Functional fit with business practices
    • Implementation time
    • Availability of upgrades
    • Customization required
    • Total costs (licensing, training, implementation, maintenance, customization and hardware requirements
  • The Bottom Line
    • Total Cost of Ownership (TCO) of ERP, was $15 million
      • highest was $500 million
      • lowest was $400,000
    • Small to midsize companies can’t afford to make mistakes in ERP implementation
  • Advantages of ERP package
    • User friendly
    • ROI earlier than software developed in-house
    • Easy enterprise wide information sharing
    • Customer-Supplier have on-line communication
  • Competitive Advantages
    • Lower costs: Antioch
      • median annual savings $1.6 million per year
    • Integrated system: Boeing
      • financial data
      • manufacturing process
      • HR information
    • Efficiency: Insurance Industry
  • Implementation
    • Project drivers
    • Pooling of resources
    • Pick software vendor
    • Existing platforms, systems and data
    • Project teams
    • Scheduling and logistics
    • Retraining employees
  • Potential Problems
    • Not getting desired ROI
    • Hiring new employees
    • Retraining current employees
    • Crossing departmental lines
    • Time consuming
    • What if there is a merger?
  • Dealing with the Problems
    • LCO - Lowest Cost of Ownership
      • ROI Case Studies
    • Training
    • Mission-Critical Business Processes
    • Time Efficiency
  • Final Thoughts
    • Lowers Costs
    • Increases Efficiency
    • Reduces overhead
    • Manages and Maintains YOUR business processes
    ERP HELPS YOU!