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Benefits of ERP Systems |
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offer a single repository for
information on all business functions – human resources, manufacturing,
inventory, marketing, sales, accounting and tax
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allow all levels of a business to obtain
real-time management information for their area of responsibility.
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Benefits of
Outsourcing |
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A way to
speed up time to
market by working with a partner with the expertise and capacity to bring
new products and services to market quicker
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Opportunity for firms entering new markets to
execute quickly with an experienced partner
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Reduction of investments in non-critical assets
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Ability to focus on core competencies and build
those focused world-class skills that directly add value to customers
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Why ERP?
Internet economy not only permits companies of
all sizes to
compete on a more equal footing, but also
accelerates the need for business to adapt, to keep up with rapid changes in
the marketplace.
IT-enabled Enterprise Resources Planning (ERP)
and Customer Relationship Management (CRM) systems establish direct customer
and business-to-business (B2B) relationships and create the opportunity to
serve existing and new markets faster and more efficiently.
4 Phases of IT/Business Alignment
1. Plan:
Translating
business
objectives into measurable IT services. The plan phase helps
close the gap between what
business managers need and expect and
what IT delivers...
More
Tips for Successful Integration of Technology
into Business Operations:
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Clearly articulate the benefits
you expect from your system
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Conduct an independent risk assessment of the
new system's implementation
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Designate and maintain control over inherently
strategic or "core competence" functions and identify opportunities to
outsource other non-value adding functions
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Keep monitoring the performance of the
outsourcer – you may relinquish some controls but not your
responsibilities
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Make the necessary changes in the company's
control structure when you implement an e-business or a
business-to-business initiative
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Designate a manager to be responsible for
ensuring the project's strategic objectives are met on time and on budget
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Break the project into manageable components
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Plan and implement a new system quickly enough
to keep up with today's fast-paced business environment
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Ensure that you have appropriate human and
financial resources, and backup plans for both
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Install the new system that allows you to
interface directly with your key business partners when needed
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Pay particular attention to the interfaces
between legacy systems or third parties that connect to your company's new
system
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Install only the functionality you need, rather
than everything that comes with a package
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Monitor and track all system problems and events
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Cymruco
Inventory Manager is a new, easy to use
inventory control program.
It is an ideal tool
for any company, large or small, which doesn't wish to operate a complex, oversized, MRP system when all they really want is the ability to manage inventory, vendors, customers and associated purchase orders, sales orders and invoicing.
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