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dIGITal ENTErPrISE | ERP

as heroic tasks over a period of time and its implementa- casting of sales based on planning computations, cus-
tion across the enterprise. However, well defined organi- tomer base, segmentation of customers etc are the key to
zation with clear set of processes, the adoption rate of success of the organization. In manufacturing industries
ERP is much better than the organization with less proc- the synchronization between resources like manpower
ess oriented. 75% of the ERP project failures attributed and materials, planning the materials versun the market
to the facts that the choosing and evaluation of the right requirements etc. Further dispatches from factory would
ERP for its internal use than the product itself. In sizeable be complete in quality, quantity & sequence resulting to
organizations, they seem to be disregarding ERP systems re-work, re-order, re-sequence and the centralized pro-
as answer to their business complexity. Unexpectedly, curement of material like Fabric would bring down the
SMEs disregard financial constraints as the main cause cost and then continuous monitoring of slow moving
for ERP system non-adoption, suggesting structural and stock and defective stocks etc are the key parameters to
organizational reasons as major ones. This is directly dif- be monitored and this would help in disposing of stocks
ferent from what is observed in large organizations where & quick realization of money. In marketing organisation,
the first reason for not adopting an ERP system is or- ERP facilitates sales process & customers in his territo-
ganizational. Moreover, the decision process regarding ry faster rate and All India view of sales figures (product
the adoption of ERP systems within SMEs is still more wise, Project wise, sales type wise, region etc) and In-
affected by factors influencing the outside the organiza- crease conversion Rate, Reduce Cost of sales, Reduce
tion and then business-related factors, contrary to large Lost Sales, avoid late delivery penalties. Track Inventory
companies that are more interested in managing process and material from requirement to delivery
integration and data redundancy / inconsistency through
ERP implementation. ChallENGES: ErP PrOdUCT fITMENT
Some are attributed to high cost and lack of support In late 2000 to till today, there are lot of ERP products
from senior management. Adoption in the current digital in the market both branded; unbranded, open source &
space is much better than in 1990s as today we have cloud based ERP etc but all are not the right fit every-
multiple options in ERP products space and technology where. The small and medium segment has many failure
space. As of date many options are available in the ERP stories and causes of dissatisfaction over successful
space both in the productized, bespoke, open source, implementation across these business segments. There
cloud versions. Some of the keys ERP Products that are are two schools of thought prevailing in this segment of
popular are as follows: industry ie One school of thought is for big investment
for ERP and the other school of thought is not to invest
Solution Company in ERP
My SAP ERP (A1, B1) SAP A.G However, today organizational success and future
Oracle EBS (Business Suite) Oracle Corporation growth lies in being able to deliver at the “moment of
PeopleSoft Oracle Corporation truth” – i.e., having the right product made available to
J D Edwards Oracle Corporation the customer at the times the consumer wants it. Moreo-
BaaN SSA Global / Infor ver, as the competition is building up in the market, more
Solution and more customization requirements are also increasing
Ramco Ramco Corporation and hence need to build flexible systems and processes
Navision Microsoft in order to meet the customer requirements.
Most of ERP systems present on the market offer a large
ESS Private number of features, especially in the case of Open source
SYMCO Private solutions. However, as the ERP works as a mirror of your
Tally Tally Corporation business, some customization might still be required as
each company has a specific organisation and business
ThE dElIvEraBlES Of ErP model. Before deciding to customise some features or to
The likely benefits expected from ERP Cost can be seen develop a new module, makes sure with your ERP con-
depending on the industry and the faster adoption of the sultants that these features will really bring some value
organization. In FMCG industry, On-line information of in your business, in order to not develop an expensive
item wise stocks availability vs. Ordering items and fore- module that your employee will never use.

62 | January, 2018 www.dqindia.com A CyberMedia Publication |