Posts

Showing posts from August, 2018

What are the problems and limitations associated with ERP system implementation

Image
We are looking for a solid system to run the business functions in the organization. Unless there is no return from the system and no productivity. Normally, the implementation of an ERP system takes a considerable amount of investment. So, the worth of money and worth of the product is important.  What causes to make failures in the ERP systems?  The major problem that has arisen with the ERP system in the organization is having gaps between several instances like the knowledge gap, resource gap, and communication gap. The gaps may make major failures in the ERP system starting from the implementation age. For example, most of the companies have a lack of resources like financial resources and human resources to invest in the ERP projects at the beginning as well as a lack of corporate policies to protect data integrity and standardize the business process. Here are several limitations The success of the ERP system implementation depends on the skills and experiences ...

Understanding the ERP system

Image
When we are dealing with business functions in the different departments of the organization, we need to have a fully integrated system to automate the business functions and take the management and financial reports such as the financial position of the company. That is the requirement for having the ERP system in the company. What is ERP?  The ERP stands for Enterprise Resource Planning as a type of Management Information System and it integrates and automates the business functions associated with the operation, production, and distribution which are being parts of the manufacturing process for products and services. What is MRP? This system was composed through the Manufacturing Resource Planning (MRP 2) and it followed by Material Resource Planning (MRP 1). The ERP system supports carrying out several business functions like purchasing , manufacturing , inventory controlling , distributing , invoicing , running payments , and managing HR which are incorporated in se...

Purchasing the right IT asset to your company

Image
When you are going to purchase IT assets, it is important to follow good practices. Unless you can not obtain returns from the asset.  To purchase an IT asset we must consider the following points are crucial. Are we looking at either "Manage Service" or "In-house"? Purchasing the right IT asset  When you are purchasing the IT asset that may be an IT Device or Software System you must consider the following two factors are important. Because it will help to reduce the Total Cost of Ownership and improve the performance along with the output. Manage Service   Types of product and service are provided by Service Provider through a lease or some other agreements and they are responsible for updating, upgrading, reconfiguring and maintaining the asset. In-House   The Company purchases the product or service and the company is responsible for updating, upgrading, reconfiguring, and maintaining the asset as well as considering the warranty periods. What are the ...

Popular posts from this blog

How to clearly identify the "Cancellation" document in SAP Business One

How to add "If" and "Else" conditional formula in PLD at SAP Business One ?

How to Create the PKCS12 file and including SSL Certificate and Key through OpenSSL