Tuesday, December 17, 2019

Enterprise-Wide Systems and Supply Chain Management

Module Title: Logistics Coursework title: Enterprise-wide systems and Supply Chain Management Professor: Fotis Missopoulos Student: Marigona Bajrami November 2012 Abstract Nowadays, the implementation of new technologies is considered as a need for companies in order to succeed in a high competitive business market. In this regard, the Enterprise Resource Planning (ERP) systems provide support and benefits within many business processes of companies. The implementation of ERP has been successfully adopted by numerous companies all around the world. This paper focuses on the benefits that ERP systems provide in supply chain management of companies and†¦show more content†¦There have been many studies regarding the benefits of the ERP systems. In this regard, (Hunton et al 2002) state that the ERP implementation enhances value to organizations. In the same line, (Poston and Garbksi 2000) explored a number of organizations implementing the ERP systems where as a result they found a decrease in employees’ ratio and cost of goods transferred in revenues. Regarding, the ERP systems, one of the most important studies has been emphasized by O’Leary (2000) which categorizes the benefits of ERP systems into two categories, respectfully tangible and intangible benefits. Therefore, some of the tangible benefits of ERP systems relies in reduction of inventory, reduction of procurement costs, reduction of maintenance, reduction on transportation costs, production improvement etc. In the same line (Schalk 1999) argues that through ERP systems negotiation between organizations and suppliers is easier therefore there is a reduction in the cost of raw materials. Thus, more savings lead to greater benefits for the organizations. On the other hand, some of the intangible benefits consist in standardization, integration, business performance, globalization, control accuracy, supply chain, customer responsiveness etc. Furthermore, the ERP systems provide visibility of orders which helps organizations to manage their working capital requirements and to operate in a proactive manner according to their strategy.Show MoreRelatedProject Enterprise Resource Planning Systems Essay1637 Words   |  7 PagesREPORT ON ERP SYSTEMS AND THEIR ROLE IN SUPPLY CHAIN MANAGEMENT SUBMITTED BY: SHAKEEL M KHAN (1336) SUBMITTED TO: SIR SOHAIL MAJEED CONTENTS OVERVIEW ENTERPRISE RESOURCE PLANNING SYSTEMS (ERPS) 3 IMPLEMENTATION OF ENTERPRISE RESOURCE PLANNING SYSTEMS (ERP) 4 -5 21ST-CENTURY SUPPLY CHAINS 6 DEFINING ENTERPRISE RESOURCE PLANNING IN SUPPLY CHAIN MANAGEMENT 8 ENTERPRISE RESOURCE PLANNING EVOLUTION 9 TYPES OF FLOWS IN SUPPLY CHAIN MANAGEMENT 10 CHARACTERISTICSRead MoreImplementing An Enterprise Resource Planning System1474 Words   |  6 PagesToday’s owners and management teams are faced with making tough decisions about how to manage operations in their organization. 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