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  • ERP Implementation: Assignment No 1 By: Syed Hasan Ali Shah 02-111162-213 Bba 8

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    Abdur-Rehman Qureshi
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    This document contains the questions and answers for an assignment on ERP implementation for a company. It defines ERP as a single database system that interconnects all organizational areas, unlike current separate software. Benefits include real-time global access to data and improved decision-making. Key impacted areas would be HR, finance, production, inventory, e-commerce, CRM and supply chain. Costs depend on firm size, customization, cloud/on-premises, consultants and vendors. Required resources include management, consultants, project managers, users, technical experts, and vendors. The modular or big bang approach could be taken. Risks include expertise retention, training, customization issues, and legacy system integration challenges.

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    This document contains the questions and answers for an assignment on ERP implementation for a company. It defines ERP as a single database system that interconnects all organizational areas, unlike current separate software. Benefits include real-time global access to data and improved decision-making. Key impacted areas would be HR, finance, production, inventory, e-commerce, CRM and supply chain. Costs depend on firm size, customization, cloud/on-premises, consultants and vendors. Required resources include management, consultants, project managers, users, technical experts, and vendors. The modular or big bang approach could be taken. Risks include expertise retention, training, customization issues, and legacy system integration challenges.

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    47 views5 pages

    ERP Implementation: Assignment No 1 By: Syed Hasan Ali Shah 02-111162-213 Bba 8

    Uploaded by

    Abdur-Rehman Qureshi
    This document contains the questions and answers for an assignment on ERP implementation for a company. It defines ERP as a single database system that interconnects all organizational areas, unlike current separate software. Benefits include real-time global access to data and improved decision-making. Key impacted areas would be HR, finance, production, inventory, e-commerce, CRM and supply chain. Costs depend on firm size, customization, cloud/on-premises, consultants and vendors. Required resources include management, consultants, project managers, users, technical experts, and vendors. The modular or big bang approach could be taken. Risks include expertise retention, training, customization issues, and legacy system integration challenges.

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    of 5

    ERP Implementation

    Assignment no 1

    By:
    Syed Hasan Ali Shah
    02-111162-213
    BBA 8
    Ques 1: What is ERP System and how it is different from currently running
    software’s in the company?
    Answer1:
    An ERP system is a framework which consist of a single database which
    interconnect all areas of an organization. Currently the company is using different
    software’s for different departments and store information in their relative drives
    and are only accessed by the department.
    Ques 2: What is advantage of ERP system in your company?
    Answer2:
    The company is multi-national so they have to frequently transfer data around
    different countries. It will give access to real time data anywhere in the world and
    enhance long term decision making.
    Ques 3: What impact ERP will have on your company and what business
    process/ functional areas will be automated/ involved. What will happen if
    company do not shift to ERP now?
    Answer3:
    An efficient ERP system can aid you in storing and collecting data into a singular
    place from diverse facets such as:

    1. Human Resources
    2. Accounting and finance
    3. Production Management
    4. Warehouse Management
    5. Inventory Management
    5. E-Commerce
    6. POS
    7. Business Intelligence
    8. Customer Relationship Management (CRM)
    9. Supply Chain Management

    Ques 4: What will be the cost of ERP system?

    Answer4:
    Cost of ERP system depends upon different aspects like:
     Size of the firm
     Customization
     Cloud or on premises
     Hiring a consultant
     Ordering from a vendor or hiring an IT division etc.
    Ques 5: What human and other resources will be required?

    Answer5:
    The different types of resources required will be
     Upper level management
     Consultant
     Project Manager
     Users
     Technical consultant
     Vendor
     Data integrity
     Cloud storage Etc.
    Ques 6: What approach of ERP development will be adopted?
    Answer6:
    There are two types of approaches
    1. The Modular approach
    2. The Big Bang
    Modular approach seems a bit better as it reduces risks of the software failing.
    Ques 7: What are risks/ challenges involved?
    Answer7:
    Any business is planning to implement ERP or upgrade the new one should be
    mindful of:
     All the risks associated with the recruitment and retention of IT/ERP Subject
    Matter Expert professionals;
     Insufficient training and reskilling;
     Insufficient internal expertise;
     Failure to mix internal and external expertise effectively;
     Failure to keep to the standard specifications which the software supports;
     Attempts to build bridges to legacy applications.
     The risk of failure to redesign business processes and of following an
    enterprise-wide design that supports data integration across the organization;

    Ques 8: What will be return on investment?

    Answer8:
    Focused IT Costs. Although ERP is often a large investment, it can unify your IT
    costs and improve efficiency.
    Total Visibility.
    Improved Reporting and Planning
    Complete Customization.
    Improved Efficiency.
    Customer Service.
    Data Security and Quality
    Improved Collaboration and Workflows. ETC.

    Ques 9: Is establishment of ERP department necessary? If yes, then what will


    be the organogram of department and who will head the department and
    answerable to whom in management chain?
    Answer9:
    In the era of globalization to compete its important to have the newest techonology
    that decreases time and increases efficiency that’s the reason ERP framework is
    very important. The project director will head the program and should have the
    authority to speak to the upper management to tell them about the needs and wants
    of the company.
    Ques 10: What would be critical success factors relevant in implementation of
    ERP in your company?

    Answer 10:
    Some critical factors are:
     Budget
     Vendor selection
     Managers commitment
     Real needs and wants
     Integration of different departments.

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