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A successful Enterprise Resource Planning System Implementation
The ERP market is set to produce and expand in many directions; many core installations of ERP applications are digging in to make grounds. One area is receiving improved business intelligence out of the systems all the way through decision support and knowledge management and the other is Web-based procurement, where users can order supplies on the internet. The success, movement, and growth of the ERP market is following in a straight line to the ERP success and on to Post-implementation services, and on-line rental applications. However, businesses would be wise to approach new markets with a discerning eye, as the number of questions raised as a result of hypotheses may not provide very encouraging picture. The established fact is that it has a definite effect on framing the business strategies, but the exploration work done during the study may provide the answer that its cost effectiveness will restrict it to big companies alone. The other version is that almost all organizations are turning to some sort of Enterprise Resource Planning (ERP) package as a solution to their business problems. ERP packages if chosen correctly, implemented judiciously and used efficiently will raise the productivity and profits of companies dramatically. The real status of the issue will be determined after the research in the light of hypothesis gets completed.
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