Thursday, December 12, 2019

Advantages of Implementing ERP System-Free-Samples for Students

Question: Discuss about the Advantages of Implementing ERP System in Organization. Answer: Advantages of Implementing ERP System in Organization Enterprise Resource Planning (ERP) is a tool that helps business in coordinating several activities (Monk Wagner, 2012). This tool provides the opportunity for integrating business procedures while improving several areas like human resources, accounting and operations. ERP also helps in increasing the production levels and controlling the costs more efficiently thereby enabling the enterprise to operate more efficiently. However, the advantages of implementing an ERP system are as follows: Helps in Streamlining Business Processes Modern ERP solutions in organizations help in bringing data together and improve the bottlenecks of the business processes. The ERP systems not only capture the complexity of modern day organizations but also ensure easy understanding of the problems (Leon, 2014). The centralized data system helps the company in identifying whether the problem lies with the sales team, resource allocation or supply chain management. The ERP solution for Batelco is a cloud productivity solution that works as a live diary keeping a note of every aspect of the business so that the company can use it for improving the processes ("About Us", 2017). The solution also enhances business efficiency through business process automation. For instance, with the help of ERP, Batelco is able to weed out repetitive tasks in the product cycle and thereby automate it. Strongly Couples Departments within Organization Implementation of ERP solutions can help in overcoming any kind of departmental blind spots (Simon Noblet, 2012). Insight into other departments is necessary otherwise; resources wasted in duplicating efforts for solving the same problem. The presence of ERP therefore helps Batelco in sharing information, generate individual reports and customize data. Thus, with the help of ERP, Batelco can promote cooperate and share resources and knowledge. The Cloud productivity solution also helps Batelco in managing work collaboration within the remote locations in real time (Batelcogroup.com, 2017). In addition to this, ERP solution also helps the company in resource sharing and interdepartmental communication. Ensures Better Tracking of Inventory Implementation of ERP solutions helps the organization in keeping a track of its products or services (Monk Wagner, 2012).With the help of the ERP, an organization is able to see the product movement in pipeline thus ensuring better management of finance. Thus, with the help of the ERP tools Batelco able to better manage raw material and track inventory, order and revenue. This solution also helps Batelco in keeping a real time track of the inventory. ERP solution also helps Batelco in better management of finance through increasing efficiency. Integrating with E-marketing Facilities: The integration of the ERP with the e-marketing facilities helps in closing the gap between the efforts of email marketing, sales and product data (Boone Kurtz, 2013). This helps in bringing the marketing activities in line with operational activities and sales. The integration also helps in delivering content that is valuable and appreciable to the customers. This will also help in understanding the customers and make carefully targeted offers. The ERP integration with the e marketing helps the company helps in enhancing the self-service functionality and in reducing the inventory cost through updated information on sales. There is also increase in internal productivity and reduced involvement of humans that prevents data errors. Thus, Batelco is able to better control it business and increase customer satisfaction. Ensures Efficient Customer Service The implementation of ERP system ensures better communication channel in an organization. The system helps in improving both the back end and front-end relationships through creation of an efficient delivery and shipping system. The system also helps in prioritizing customers Batelco aims at enriching the life of its valued customers ("Batelco Cares to Enhance Customer Experience with Smart and Innovative Lifestyle Solutions Personal", 2017). The implementation of the Cloud productivity solution helps the company to put forward smart innovative solutions that helps in enriching and improving the quality of their lives. References: Batelco.com (2017).. Batelco Cares to Enhance Customer Experience with Smart and Innovative Lifestyle Solutions Personal. Retrieved 14 December 2017, from https://batelco.com/news-media/batelco-cares-to-enhance-customer-experience-with-smart-and-innovative-lifestyle-solutions/ Batelcogroup.com (2017). About Us.. Retrieved 14 December 2017, from https://www.batelcogroup.com/en/about-us.aspx Boone, L. E., Kurtz, D. L. (2013). Contemporary marketing. Cengage learning. Jeng, D. J. F., Dunk, N. (2013). Knowledge management enablers and knowledge creation in ERP system success. International Journal of Electronic Business Management, 11(1), 49. Leon, A. (2014). Enterprise resource planning. McGraw-Hill Education. Monk, E., Wagner, B. (2012). Concepts in enterprise resource planning. Cengage Learning. Simon, E., Noblet, J. P. (2012). Integrating ERP into the organization: organizational changes and side-effects. International Business Research, 5(2), 51.

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