Enterprise Resource Planning (ERP)

Benefits
of ERP

Efficiency improvement and return on investment (ROI)

 

ERP benefits ROI - return on investment, enterpeirse recource planning

 

 

Do You Need ERP?

ERP is a cross-functional enterprise system driven by an integrated suite of software modules that supports the basic internal business processes of an enterprise.

As your company grows the may time come to implement ERP to better manage your business and continue to grow.

 

Business Process Thinking Checklist

Enterprise-wide Business Process Management (EBPM)

8 Principles of EBPM

 

 

 

 

If and when you do you need to implement ERP?

Below are just a few indicators:

→ Manual processes are overwhelming or taking up too much of your time;

→ Business data is all over the place and is difficult to find in time;

→ Multiple people in the company need to access the same data;

→ You cannot see where you money is coming from or going to;

→ You feel that your processes are too ineffective and expensive, but you cannot see where high-impact improvements could be made;

→ You cannot say which of your products, services or markets are most profitable so you could leverage them;

→ Your customer service is suffering due to poor inventory and shipping management;

→ You need a way to better handle order forecasts and run a lean production system.

 

Assess Your Organization's Progress Toward Excelling in Business Process Management

Process-managed Enterprise

10 Tips for Effective ERP Implementation

Process-managed Enterprise

9 Steps to building a Process-managed Enterprise

Business Process

Characteristics

Process Thinking

Leadership

Attitude

 

 

 

Calculating ROI

To calculate return on investment in ERP, focus on savings resulting from access to real-time information, but also consider process improvements and ‘soft earnings’ such as additional income achieved from employee and customer satisfaction, enhanced business communication,  improved quality and speed of decision making, etc.

 

 

 

According to a number of surveys, about 50% of the companies that implemented ERP gained their ROI within 1-2 years, 30% in 2-3 years, and 20% in 3-5 years.

 

Transition to a Lean Enterprise