`Benefits to running an ERP system`

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Benefits of an ERP

Traditional methods of conducting business and industrial operations have undergone a sea change due to globalization of business , extensive use of internet and telecommunication networks and use of information technology . There are structural changes and changes in work culture affecting social and personal life of everybody . In general , technology has taken front seat in shaping business operations impacting on cost time , resource in a positive way . The processes namely communication transportation , production , conversion have become shorter , intelligent

and automated . Decision-making response in now driven by knowledge ant not by information alone . Information technology has empowered society to work proactively , efficiently and effectively . The business model of nineties has changed Make and Sell ' to customer centric Sense and Respond ' model . We now work in real as well as in virtual world

To illustrate this radical change in a way business is done , certain scenarios are described below as `Techno-Cases . Each case is an example of how technology has made a difference in many aspects of business operations and performance . Techno-cases together have number of lessons to learn for the application in business and industry

Enterprise Resource Management (ERP

ERP for productivity gains

Today 's business environment is complete and dynamic , calling for information technology support for real time decision-making to save costs , and time , improve customer service , assess risk and manage , it and add value in the business for a competitive advantage . Present study by IDC , a IT research firm...