Benefits of an ERP BABASAB PATIL

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Benefits of an ERP BABASAB PATIL

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Benefits of an ERP BABASAB PATIL

  1. 1. Session 2 Tangible and Intangible Benefits of an ERP Risks of ERP Risk Mitigation Technologies related to ERP
  2. 2. Tangible Benefits of an ERP Reduced Inventory costs Reduced Manpower costs Reduced Material costs Improved Sales and Customer service Efficient Financial Management
  3. 3. Intangible Benefits of an ERP Accounting Product and Process Design Production and Material Management Sales MIS Function
  4. 4. Risks of ERP People Issues Process Risks Technological Risks Implementation Risks Operation and Maintenance issues
  5. 5. People Issues Change management Internal staff adequacy Project team Training Employee re-location and re-training Staffing Top management support Consultants
  6. 6. Process Risks Program Management Business Process Reengineering Stage Transition Benefit Realization
  7. 7. Technological Risks Software Functionality Technological Obsolescence Application Portfolio Management Enhancement/Upgrades
  8. 8. Implementation Risks Project Size Length Implementation Time High Initial Investment Unreasonable Deadlines Insufficient Funding Interface Organizational Politics Scope Creep Unexpected Gaps
  9. 9. Risk Mitigation Phased-out approach to migration Sufficient Training Legacy System planning Thorough testing Provide plenty of IT support Develop contingency plan
  10. 10. Technologies related to ERP Business Process Re-engineering (BPR) Data Warehousing Data Mining On-line Analytical Processing (OLAP) Product Life cycle Management (PLM) Supply Chain Management (SCM) Customer Relationship Management (CRM) ERP Security

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